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  • NEW YORK, Oct 18- As you pick health insurance during open enrollment at work this fall, you will probably be spared the painful premium increases that shocked American families earlier this decade. The health insurance premium paid by employees per paycheck is typically up just 3 percent this year, according to the Kaiser Family Foundation.

  • CARACAS/ HOUSTON, Oct 18- Venezuela's state-run oil firm, PDVSA, is increasingly delivering poor quality crude oil to major refiners in the United States, India and China, causing repeated complaints, canceled orders and demands for discounts, according to internal PDVSA documents and interviews with a dozen oil executives, workers, traders and inspectors.

  • NEW YORK, Oct 18- Prospects for steep U.S. tax cuts are raising the ceiling for already-frothy shares of Wall Street-favorite Align Technology Inc even as patents expire for some of the technology that has helped its braces gain favor with orthodontists. Shares of the $15.6 billion market cap company are up more than 100 percent for the year to date, and have...

  • President Donald Trump said on Wednesday he would "not do anything to enrich" insurance companies, strengthening his opposition to a deal between Republican and Democratic senators to stabilize Obamacare by restoring subsidies to health insurers. Republican Senator Lamar Alexander, who reached the agreement with Democratic Senator Patty Murray, said...

  • LONDON, Oct 18- The U.S. shale industry will see another production surge in 2018 as producers have sharply ramped up bets against a fall in oil prices, major oil executives and bankers said in London on Wednesday. Patrick Pouyanne, the chief executive of Total, speaking at the Oil& Money conference in London, said he expected global oil demand to grow strongly again...

  • Republican Senator Lamar Alexander, who reached the agreement with Democratic Senator Patty Murray, said earlier that Trump had "completely engineered" the proposal.

  • NEW YORK, Oct 18- The U.S. economy is on track to grow at a 2.7 percent annualized pace in the third quarter, even as data showed home construction fell to a one-year low in September, the Atlanta Federal Reserve's GDPNow forecast model showed on Wednesday.

  • WASHINGTON, Oct 18- Ford Motor Co said on Wednesday it would recall about 1.3 million 2015-17 Ford F-150 and 2017 Ford Super Duty trucks in North America to add water shields to side door latches at a cost of $267 million. Ford has previously disclosed plans to spend $935 million on other recalls announced since August 2016. In March, Ford said it would spend $295...

  • ST REGIS MOHAWK TRIBE IS HOLDING PATENTS FOR SRC LABS IN DEAL SIMILAR TO ONE IT HAS WITH ALLERGAN.

  • LAWSUITS IN FEDERAL COURT IN VIRGINIA CLAIM TECH GIANTS VIOLATED SUPERCOMPUTER PATENTS.

  • NATIVE AMERICAN TRIBE FILES PATENT INFRINGEMENT LAWSUITS AGAINST AMAZON AND MICROSOFT.

  • *Fed's Beige Book expected at 2:00 p.m. ET. Solid earnings and hopes that President Donald Trump may be able to make progress on tax cuts have helped the market rally this year. "We continue to see solid numbers above expectations, stability in terms of economic growth and global growth," said Omar Aguilar, chief investment officer for equities at Charles Schwab...

  • Oct 18- U.S. crude oil inventories slumped last week as production fell sharply after Hurricane Nate hit the Gulf of Mexico, while refining rates were down sharply as autumn maintenance season ramped up, the Energy Information Administration said on Wednesday. "The recent hurricanes- Harvey, Irma, and Nate- continue to have an outsized impact on the U.S. energy...

  • "The USDA is the U.S. Department of Agriculture, not the U.S. Department of Big Agribusiness." The rule was first proposed by the USDA in 2010 but faced delays after meeting resistance in Congress and by the meat processing industry. The USDA finally released it last December.

  • The report on Wednesday from the Commerce Department also showed a decline in building permits, raising concerns that the housing market recovery was stalling. "Residential construction should be a hefty drag on third-quarter GDP growth," said Michael Gregory, deputy chief economist at BMO Capital Markets in Toronto. Housing starts decreased 4.7 percent to a...

  • SAO PAULO, Oct 18- A division of Chinese commodity trader COFCO has delayed completion of a $20 million port hub in southern Brazil, three sources told Reuters, as it struggles to reorganize operations after merging its Nidera BV and Noble Agri businesses. The delay underscores COFCO's battle to create a cohesive structure after first investing in Dutch-based...

  • "The speaker does not see anything that changes his view that the Senate should keep its focus on repeal and replace of Obamacare," Ryan spokesman Doug Andres said. While the proposal drew broad Democratic support, it remained unclear whether the agreement will even come to a vote in the Senate and House, both controlled by Trump's fellow Republicans.

  • *Kirkuk- Ceyhan pipeline oil flow falls to 225,000 bpd- source. *Iraq crisis, U.S.- Iran tensions raise supply concerns. Prices had been higher due to ongoing tensions around oil-rich Iraq and Iran, which raised risk premiums.

  • ACCRA, Oct 18- Ghana's cocoa regulator Cocobod is in talks with Export-Import Bank of China to secure a $500 million loan to overhaul the sector and protect against global price volatility, two senior officials said on Wednesday. Bumper crops have sent global cocoa prices plummeting this year and pushed top producers Ivory Coast and Ghana to step up...

  • WASHINGTON— Contrary to widespread perceptions, the IRS still appears to be enforcing the unpopular Obama-era requirement that most people carry health insurance or risk a fine. This year the IRS continued to process such returns. Last week, the IRS released a new policy saying the health insurance question must be answered up front on tax returns.