HOUSTON, Oct 1- Returning the damaged Crystal River nuclear unit in Florida to service could cost $3 billion and take eight years, according to an independent review of repair options commissioned by Duke Energy.
*U.S. manufacturing sector expands in September* China's factory activity shrinks for 2nd month in Sept* Euro zone manufacturing points to new recession By Adam Kerlin. NEW YORK, Oct 1- Brent crude slipped Monday as signs of economic weakness in Asia and a looming recession in the debt-saddled euro zone tempered more optimistic U.S. manufacturing data.
*China's factory activity shrinks for 2nd month in Sept. NEW YORK, Oct 1- Brent crude slipped Monday as signs of economic weakness in Asia and a looming recession in the debt-saddled euro zone tempered more optimistic U.S. manufacturing data. Federal Reserve's latest quantitative easing and geopolitical tensions in the Middle East.
NEW YORK, Oct 1- The S&P 500 kicked off a new quarter with a modest rally on Monday, lifted by a surprising expansion in U.S. manufacturing in September. But the Nasdaq Composite Index slipped 2.70 points, or 0.09 percent, to close unofficially at 3,113.53. Micron Tech fell 3.5 percent to $5.77 and JDS Uniphase lost 3.7 percent to $11.92.
MIRAMAR, Fla.-- Spirit Airlines Inc. will begin charging passengers $100 for carry-on bags unless they pay a smaller fee before getting to the airport. The airline announced in May that the $100 fee was coming.
NEW YORK, Oct 1- U.S. "There was a surprise in the ISM, after Chicago on Friday a lot of people were looking to some downside risk to that number," said Richard Gilhooly, interest rate strategist at TD Securities in New York.
*Kevin Lobo succeeds interim CEO Curt Hartman* Hartman to leave company* CEO search had been under way since February* Stock falls 1.5 percent in afternoon trading By Toni Clarke. Oct 1- Medical device maker Stryker Corp on Monday named Kevin Lobo, head of its orthopedics unit, as president and chief executive following an eight-month search.
Both David Montgomery's withdrawal and Daniel Schindler's dismissal came last month, just weeks before the start of what has been touted as an independent, objective look at the science put forth by the Pebble Limited Partnership.
WASHINGTON-- Expect to see fewer products pitched as "environmentally friendly" if the government has its way. Hoping to limit the number of deceptive claims, the Federal Trade Commission on Monday released an updated version of its green marketing guidelines that hold companies to truthful standards in marketing their products.
1130/ 1530: The Treasury Dept. holds weekly sale of 4- week bills. 1630/ 2030: The American Petroleum Institute issues weekly national petroleum report. ----------------------------------------------------------DIARY- Federal Reserve Events U.S.
*He mentions Qatar, Saudi Arabia, Turkey, US, France, Libya.
WASHINGTON-- The Supreme Court plunged into its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities. Cases involving some of the most emotional issues in American life are likely to be decided after voters choose a president and new Congress next month.
DUBAI, Oct 1- Iran's rial plunged against the U.S. dollar in open-market trade on Monday, taking its loss in value over the past week to more than a quarter in further evidence that Western sanctions are shattering the economy.
PRINCETON, N.J.-- Church& Dwight said Monday that it completed its acquisition of Avid Health Inc., which makes gummy types of vitamins and supplements, for $650 million in cash. Church& Dwight Co. Inc. makes Arm& Hammer baking soda, Aim toothpaste and other products. Church& Dwight shares rose 19 cents to $54.18 in afternoon trading.
NEW YORK, Oct 1- UBS AG on Monday lost a bid to suspend a federal regulator's lawsuit accusing it of misleading Fannie Mae and Freddie Mac into buying billions of dollars of risky mortgage debt.
WASHINGTON-- House Speaker John Boehner bought stock in two health care companies this year, while third-ranking House Republican Kevin McCarthy bought and sold Apple stock within a few days. The initial disclosures for members of Congress were posted Monday on the Internet. Congress passed the law as part of an effort to repair its sagging public image.
The most popular motorsports series in Mexico will make its U.S. debut next season at Phoenix International Raceway. The NASCAR Toyota Series will run at Phoenix on March 1 in conjunction with the Sprint Cup, Nationwide and K&N West Series. NASCAR and PIR officials will hold a Tuesday news conference in Phoenix.
NEW YORK, Oct 1- BMC Software Inc is exploring a potential sale of the company and has retained Bank of America Merrill Lynch to assist with the strategic review, people familiar with the matter said on Monday.
NEW YORK-- Shares of Boston Beer Co. fell Monday after a UBS analyst highlighted concerns about stalling sales growth. That could mean overall revenue growth may be lower in 2013 than investors and Wall Street analysts expect. Boston Beer did not immediately respond to a request for comment.