Oct 2- Vanguard Group, the largest U.S. mutual fund manager, said it was switching 22 of its biggest index funds away from benchmarks provided by MSCI Inc in order to cut costs. Shares of MSCI plunged 16 percent on the news that one of its biggest index licensing customers had defected. The shares hit $30.15 in early trading on the New York Stock Exchange on Tuesday.
LONDON, Oct 2- Barclays has promoted two of its top consumer banking bosses to its executive committee as the British bank's new boss puts more focus on traditional banking after criticism of its rapid growth in higher risk investment banking.
THE HAGUE, Netherlands-- Smoked salmon tainted with salmonella has sickened hundreds of people in the Netherlands, authorities said, sparking major recalls there and in the U.S.
By Christopher Johnson and Alice Baghdjian. LONDON, Oct 2- Brent crude oil consolidated around $112 a barrel on Tuesday as investors weighed a weaker outlook for fuel demand and sluggish economic growth against the risk of possible supply disruptions.
Jim Nash is such a big Yankees fan that he named his son George Mattingly Nash, combining two of his favorite players: George Herman Ruth and Don Mattingly. Now, power up the computer and get a prize from the likes of R.A. Dickey, Cliff Lee, Andrew McCutchen and Clayton Kershaw.
NEW YORK-- Stocks climbed Tuesday on Wall Street after a measure of American home prices posted the largest gain in more than six years, the latest data to indicate an improving housing market.
NEW YORK, Oct 2- U.S. natural gas futures slid nearly 2 percent early on Tuesday in some profit-taking from their five-day, nearly 23 percent run up to their highest mark this year. There are a lot of nuclear plants off line and some near-term cold, but we need to see where the market stands after this cold spell, "one Texas- based trader said.
NEW YORK-- Stocks are opening higher on Wall Street after a big jump in U.S. home prices made investors more confident that the housing market is recovering. CoreLogic, a private real estate data provider, said its measure of U.S. home prices rose 4.6 percent in August from the same month a year ago, the largest year-over-year increase in more than six years.
HENDERSON, Nev.-- Sometimes all President Barack Obama has to do is look out the window to get a firsthand look at the country's economic woes. This week in this town, the presidential motorcade speeds past opulent homes lining manmade Lake Las Vegas as he heads to the sprawling luxury development where he's preparing for the upcoming debates with Mitt Romney.
Oct 2- Lighting fixture maker Acuity Brands Inc's. Net income fell to $33.3 million, or 78 cents per share, from $34.2 million, or 79 cents per share, a year earlier. Shares of the Atlanta, Georgia- based company touched a low of $58.57 in early trading on the New York Stock Exchange.
*Spain bailout talk, Australia rate cut weigh. However, European officials say Germany has signal led Spain should hold off. An aid request from Spain would pave the way for the European Central Bank to buy Spanish bonds.
DENVER-- Republican presidential candidate Mitt Romney says he would honor temporary work permits for young illegal immigrants who were allowed to stay in the U.S. because of an executive order signed this summer by President Barack Obama.
BOSTON, Oct 2- There are steps you can take to improve your presentation, even in midstream, says Harvard Business Review. The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org. Any opinions expressed are not endorsed by Reuters.
NEW YORK, Oct 2- U.S. stocks rose at the open on speculation Spain will soon request a bailout, seen by some as the necessary next step to alleviating the euro zone's debt crisis. The Dow Jones industrial average gained 46.20 points, or 0.34 percent, to 13,561.31. The Nasdaq Composite Index added 14.98 points, or 0.48 percent, to 3,128.51.
AUBURN HILLS, Mich.-- Chrysler Group LLC said Tuesday that its September U.S. sales rose 12 percent, crediting strong demand for new models, low interest rates and a stable U.S. economy. BY THE NUMBERS: The Auburn Hills, Mich.- based automaker said it sold 142,041 vehicles last month, up from 127,336 in the same month a year earlier.
NEW YORK-- A doctor once lauded for her AIDS treatment work is blaming one of her dozen or so personalities for a prescription painkillers scheme that defrauded Medicaid out of hundreds of thousands of dollars. Diana Williamson was supposed to be sentenced on Monday, but U.S.
HANOVER, Md.-- The KEYW Holding Corp., which provides online security to the federal government, said Tuesday that it completed its acquisition of Poole& Associates Inc. in a cash and stock deal worth about $126 million. KEYW said it expects the acquisition to immediately boost its profits.
DETROIT, Oct 2- Volkswagen AG:.
Oct 2- A U.S. federal panel may tag American International Group Inc as "too big to fail," a move the company has been expecting and one that would sharply increase regulatory oversight of the government-rescued insurer.
HOUSTON-- A man accused of killing his ex-girlfriend in Houston and then driving hundreds of miles to dump her body in a West Texas oil field taped an interview about the case with the "Dr. Mark Augustin Castellano, a 37- year-old computer technician, has been charged with murder in the Sept. 22 death of 31- year-old Michelle Warner.