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Top News & Analysis United States

  • WASHINGTON, Oct 4- Ninety-one people including doctors, nurses and other medical professionals have been charged with committing $430 million in Medicare fraud in seven U.S. cities, authorities said on Thursday. The announcement marks the latest case in a concerted crackdown against Medicare fraud by an interagency Medicare fraud strike force.

  • Tensions between Syria and Turkey gave oil prices their biggest jump in two months Thursday, while refinery outages boosted wholesale gasoline prices. Oil settled at $91.71 per barrel, up by $3.57, or 4 percent, on the New York Mercantile Exchange. Oil prices rose after Turkey's military fired on targets in Syria for the second day.

  • NEW YORK-- The Public Theater unveiled its four-year, $40 million face-lift on Monday with some Shakespeare, some hippies and some veteran stage stars including Vanessa Redgrave, Liev Schreiber and Mandy Patinkin.

  • WASHINGTON-- The AFL-CIO says it has registered more than 450,000 new voters from union households over the past 18 months, part of an ambitious push to swell the ranks of Democratic-leaning voters and help President Barack Obama win reelection.

  • Avery Dennison Corp.' s shares plunged Thursday after 3 M Co. dissolved plans to buy its office and consumer products business. THE SPARK: Avery Dennison and 3 M announced Wednesday that the maker of Post-It notes would not move forward with the deal. 3 M had agreed in January to buy the division for $550 million.

  • Google acquired Motorola in May for $12.5 billion to bolster its patent portfolio as its Android mobile operating system competes with rivals such as Apple Inc and Samsung Electronics Co Ltd. But many investors and analysts have questioned Google's need to be in the hardware business, where profit margins are lower and Google has little experience.

  • Oct 4- Crude oil futures rose more than $3 a barrel on Thursday, with Brent rising above $111 a barrel as Turkey's retaliatory strikes on a Syria heightened tensions in the Middle East, while U.S. gasoline futures rallied after a fire at a refinery in Texas.

  • BUFFALO, N.Y.-- First Niagara Financial Group says it's realigning some staffing and will do away with 180 positions as it recruits for 250 others. The bank says it's hired 2,700 people over the past two years, including 1,200 from its recent purchase of 195 HSBC branches in New York and southwestern Connecticut.

  • WASHINGTON, Oct 4- State Street Corp and Bank of New York Mellon Corp have submitted their living wills to banking regulators, the Federal Reserve announced on Thursday. Nine of the largest U.S. banks submitted their plans by a July deadline, including Bank of America Corp and Citigroup Inc.

  • WASHINGTON, Oct 4- Ninety-one people including doctors, nurses and other medical professionals have been charged with committing $430 million in Medicare fraud in seven U.S. cities, authorities said on Thursday.

  • *Sprint may wait until after T-Mobile USA/ MetroPCS deal-sources. *Sprint already balked at buying MetroPCS- sources* Sprint shares off 4 pct, MetroPCS shares down 2.1 pct.

  • WASHINGTON, Oct 4- The number of Americans filing new claims for unemployment benefits rose only slightly last week after a big drop the week before, a hopeful sign the job market is still on the mend.

  • Oct 4- Fitch Ratings has affirmed the' BBB' investment grade debt ratings and Issuer Default Ratings of The Mosaic Company. Demand will be enhanced by the drought and heat damage to this season's crops, particularly in the U.S. but also in Russia and India.

  • NEW YORK, Oct 4- Marc Lasry's Avenue Capital Group hedge fund is downsizing and laying off roughly 6.5 percent of its staff, according to an employee memo reviewed by Reuters.

  • BUENOS AIRES, Argentina-- The flagship of Argentina's navy has been ordered held in Africa by a judge answering a complaint from a U.S. hedge fund. Courts in the United States and Britain have granted judgments worth $1.6 billion to the hedge fund, but it and other bondholders are still suing for billions more and Argentina has refused to pay.

  • The gas struts, made by Koblenz, Germany- based auto supplier Stabilus, were involved in four previous recalls of about 276,000 minivans sold in the United States. They could close unexpectedly due to a leak of pressurized gas, increasing the risk of injury, according to a filing by the National Highway Traffic Safety Administration.

  • Barclays announced a shake up at its investment banking business aimed at streamlining the business in the face of a more challenging outlook for the industry. Wells Fargo's international group named Christopher Lewis as executive vice-president and head of global trade services.

  • *Turkey strikes on Syria raise regional security fears. NEW YORK, Oct 4- Oil prices jumped 2 percent Thursday as Turkey's retaliatory strikes on a Syria sparked more concern about potential disruptions to Middle East oil supply, while U.S. gasoline futures rallied after a fire at a refinery in Texas.

  • NEW YORK-- Marriott International Inc. is offering a mixed forecast for travel demand around the globe. Marriott expects revenue per room, a key performance measure for hotel companies, to rise 5 to 7 percent in North America in the current quarter, but only 3 percent elsewhere.

  • *Barclays investment bank boss Ricci unveils management shake-up- memo. LONDON, Oct 4- Barclays announced a shake up at its investment bank on Thursday as the group tries to cut costs in a tough market and reduce risks to its reputation following the Libor scandal.