HONOLULU, March 5- Federal Reserve policymakers should not wait too long to raise interest rates, a top U.S. central banker said on Thursday, because doing so could mean "drastically" overshooting on inflation and forcing the Fed to hike rates dramatically. "I think that by mid-year it will be the time to have a serious discussion about starting to raise rates," San...» Read More
ST. LOUIS-- Arch Coal Inc. said Friday that cost-control efforts helped boost its third-quarter results well above Wall Street expectations. Adjusted income was 20 cents per share, compared with a loss of 15 cents on revenue of $1.02 billion, according to FactSet.
LONDON-- Cynthia Carroll will step down as chief executive of mining company Anglo American PLC after almost six years in the job, the company announced Friday.
WELLINGTON, New Zealand-- New Zealand says it will offer residency to all the military translators it employs in Afghanistan. Defense minister Jonathan Coleman on Friday announced New Zealand will offer resettlement packages to 23 Afghan interpreters and their immediate families, a total of about 73 people.
MEXICO CITY-- Laughter was a serious matter at a clown convention in the Mexican capital, where hundreds of the performers gathered this week to discover some of the secrets of making people laugh. The most important lesson at the four-day event was the difference between being a simple joker and a top-notch merry-maker.
NASSAU, Bahamas-- Hurricane Sandy raged through the Bahamas early Friday after leaving 22 people dead across the Caribbean, following a path that could see it blend with a winter storm to hit the U.S. East Coast with a super-storm next week.
NEW YORK-- The team behind "SEAL Team Six: The Raid on Osama bin Laden" is saying the television movie was not recut to give a starring role to President Barack Obama two days before the presidential election. Believe me, in 85 million homes, a movie from National Geographic is not going to change the outcome of the election in a country of 300 million, "Lyle said.
TROY, Mich.-- Delphi Automotive has completed its acquisition of FCI Group's motorized vehicles unit for 765 million euros. It is owned by affiliates of Bain Capital.
Shares of Cerner Corp. climbed before the stock market opened Friday, a day after the health care information management company said its third-quarter earnings rose 25 percent. The Kansas City, Mo., company also had said after markets closed Thursday that it expects to book between $925 million and $975 million in new business in the fourth quarter.
WASHINGTON-- The U.S. economy grew at a slightly faster 2 percent annual rate from July through September, buoyed by more spending by consumers and the federal government. Growth accelerated from the 1.3 percent rate in the April-June quarter, the Commerce Department said Friday.
WASHINGTON-- The black mold creeping into the spines of hundreds of people who got tainted shots for back pain marks uncharted medical territory. Arjun Srinivasan of the Centers for Disease Control and Prevention. Arturo Casadevall, a fungal disease specialist at New York's Albert Einstein College of Medicine.
LONDON, Oct 26- Anglo American's Chief Executive Cynthia Carroll stepped down on Friday after more than five years in the job, under increased pressure from investors over the miner's lagging share price and continued dependence on troubled South Africa.
LONDON, Oct 26- The yen recovered after hitting a four-month low against the dollar on Friday, but was still on track for a second week of losses as investors braced for the Bank of Japan to ease policy next week. The dollar was down 0.5 percent at 79.95 yen after earlier hitting 80.38 yen.
NEW YORK-- The ratings agency Moody's Corp. on Friday reported big gains in profit and revenue for the third quarter, as it increased business across the world, benefited from a stronger corporate debt market and made use of two companies that it bought last year.
NASSAU, Bahamas-- Hurricane Sandy raged through the Bahamas early Friday after leaving 21 people dead across the Caribbean, following a path that could see it blend with a winter storm to hit the U.S. East Coast with a super-storm next week.
HONG KONG, Oct 26- Adam Gazal trained for six months to stand in the ring for six minutes of live boxing. The managing partner of National Australia Bank was one of 14 contenders who took part in Hong Kong's sixth annual IronMonger Hedge Fund Fight Night, a fundraising event that is now a staple of the city's financial community.
*Hurricane Sandy threatens U.S. after slamming Cuba. LONDON, Oct 26- Oil fell on Friday to around $108 a barrel and was heading for its second weekly drop, pressured by expectations U.S. economic growth will not be strong enough to bolster the demand outlook and by Europe's debt crisis.