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  • JPMorgan's Global All-Industry Output Index, produced with private data vendor Markit, held steady at July's 53.7 last month and has been above the 50 mark that divides growth from contraction since October 2012. Markit's global service sector purchasing managers index rose to 54.4 in August from 54.1 in July, though on Tuesday the world manufacturing PMI...

  • LONG BEACH, Calif.— Insurer Molina Healthcare will spend about $200 million to expand the behavioral and mental health services it provides with its coverage. The Long Beach, California, insurer said Thursday it will buy two subsidiaries of The Providence Service Corp. They are Providence Human Services LLC and Providence Community Services LLC.

  • WILMINGTON, Del, Sept 2- Gun maker Colt Defense and its creditors are close to a deal on a plan to bring the company out of bankruptcy, but if it fails, the business will go on the auction block next month, a company lawyer told a judge on Thursday. "It's fair to say the parties are very close to a deal," Colt lawyer John Rapisardi told the U.S. Bankruptcy Court in Wilmington,...

  • NEW YORK— The drugmaker Pfizer says it has completed its roughly $15 billion purchase of the injectable drugmaker and infusion device maker Hospira, expanding its product offerings in a growing medical market. The deal, first announced in February, gives Pfizer a leading position in the global market for injectable drugs, including a new class of lower-cost...

  • BRENT CRUDE FUTURES TURN LOWER AS U.S.

  • SAN JOSE, Calif.— A federal judge has approved a $415 million settlement to resolve a class-action lawsuit alleging Apple, Google, Intel and two other Silicon Valley companies illegally conspired to prevent their workers from getting better job offers. District Judge Lucy Koh ends a lengthy legal saga that exposed internal emails that cast former Apple CEO...

  • NEW YORK— Samsung and other tech companies showcased new computerized wristwatches this week— all aimed at challenging Apple, a relative newcomer to selling smartwatches. Apple Watch was the leading smartwatch in the second quarter, with an estimated 4 million shipped worldwide, for a market share of more than 75 percent, according to Strategy Analytics.

  • WASHINGTON, Sept 3- U.S. small businesses stepped up hiring in August and more employers reported they could not find qualified workers for open positions, indicating the labor market was tightening. The National Federation of Independent Business said on Thursday that small-business owners added a net 0.13 worker per company last month, up from 0.05 in July.

  • ATHENS, Greece— A left-wing opposition leader is telling voters they won't find a Greek exit from the common European currency hard. Former energy minister Panagiotis Lafazanis says his Popular Unity party's avowed aim of adopting a new national currency— which most Greeks oppose— would be as simple "as drinking a glass of water." Lafazanis was instrumental in...

  • NEW YORK— This month's Federal Reserve policy meeting could signal the end of an era. The Standard& Poor's 500 index has almost tripled since bottoming in March 2009, as corporate profits have surged. Jim McDonald, chief investment strategist at asset manager Northern Trust, explains what he expects to happen with interest rates, how that will impact financial...

  • *MSCI global stocks index climbs. NEW YORK, Sept 3- The euro fell 1 percent on Thursday on a darkening euro zone outlook, while global stock markets rallied as the European Central Bank chief pledged to beef up or prolong the bank's economic stimulus if necessary. ECB President Mario Draghi's comments on the bank's bond-buying program came as the bank cut its...

  • *B&G to also buy General Mills' Le Sueur canned vegetables unit. Sept 3- Snack food company B&G Foods Inc said it would buy General Mills Inc's Green Giant frozen foods and Le Sueur canned vegetables brands for about $765 million to expand its distribution network and enter the frozen foods market. B&G plans to double the amount General Mills has been spending on...

  • PHILADELPHIA— Prosecutors have charged three people with running a $54 million Ponzi scheme they say was built on promises of a green energy technology that would turn trash into fuel that they never developed. Federal prosecutors in Philadelphia unsealed an indictment Thursday against 34- year-old Troy Wragg, formerly of Philadelphia, 32- year-old...

  • NEW YORK, Sept 3- Los Angeles has dropped a lawsuit accusing JPMorgan Chase, the largest U.S. bank, of discriminatory mortgage lending, ending the first of the city's four lawsuits accusing major banks of driving up foreclosures among minority borrowers. Los Angeles is still pursuing similar complaints against Bank of America, Wells Fargo& Co and Citigroup Inc..

  • NEW YORK, Sept 3- Crude futures rose for a second straight session on Thursday on the strength of equity markets as a respite in bad news out of China and the potential for more European monetary easing added to risk taking in oil. U.S. crude's front-month showed a gain of $1.10 at $47.35, versus a session high above $48. "You can call it a risk on day," said Tariq Zahir, a...

  • NEW YORK— Dozens of 9/ 11 recovery workers are demanding that Congress renew programs offering money and heath care to people exposed to toxic dust after the terror attacks. Congress authorized billions of dollars in payments and health services for people with illnesses potentially linked to dust released when the twin towers collapsed after they were...

  • BERLIN— Gadget makers have been showcasing their latest gear at Europe's flagship technology show, the IFA in Berlin, this week. Aside from Wi-Fi, Bluetooth 4, 2 GB of RAM and 32 GB of storage, it sports the latest Intel Cherry Trail chip, two USB ports and an audio jack. Huawei launched its Mate S, billed as the Chinese smartphone maker's first top-range handset with...

  • WHITE PLAINS, N.Y.— A pair of brothers and two other men have been charged with stealing nearly 1,200 laptops bound for public school students in New Jersey after investigators determined their story about a theft didn't add up. Anton Saljanin, 43, and Gjon Saljanin, 40, were due to appear in court Thursday with Ujka Vulaj, 54, and Carlos Caceres, 37, on charges...

  • Four workers remained on the payroll after the New Hartford plant closed, and one of them, Darren Wallace, spent hundreds of hours of his own time setting up what equipment was left so it would be ready if production ever began again. After Ovation was sold in December, the new owner planned to move the remaining operations to California but decided to keep them in...

  • BEIJING/ MOSCOW, Sept 3- Russia and Venezuela need to combine efforts to lift oil prices, President Vladimir Putin told his Venezuelan counterpart Nicolas Maduro on Thursday, but refused to spell out any specific action, including output cuts. The economies of major producers Russia and Venezuela are highly dependent on proceeds from the sale of oil, the price of...