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Wires

  • NEW YORK/ LONDON, Oct 23- Gold prices touched an over two-week low on Monday before paring losses as chart signals helped offset pressure from a stronger dollar and an early advance in equities. ounce by 2:53 p.m. EDT, paring losses on a flurry of technical buying after hitting its lowest since Oct. 6 at $1,271.86. Gold prices were also under pressure from...

  • Oct 23- U.S. companies' borrowing to spend on capital investment fell 7 percent in September from a year earlier, the Equipment Leasing and Finance Association said. Companies signed up for $8.7 billion in new loans, leases and lines of credit last month, down from $9.4 billion a year earlier. Washington- based ELFA, a trade association that reports economic...

  • SALINAS, Calif.— A California company has voluntarily recalled packaged vegetables distributed throughout the U.S. and Canada because of possible bacterial contamination. The recall was ordered last week after random testing in Canada turned up a single positive result for listeria. The recalled brands are: Signature Farms products sold at Albertsons;...

  • CHICAGO, Oct 23- Chicago Board of Trade corn and wheat futures firmed on Monday on a round of short-covering after U.S. regulatory data released late on Friday showed that speculators had boosted their bearish bet on both commodities. Chicago Board of Trade December wheat futures settled up 10-3/ 4 cents at $4.36-3/ 4 a bushel. The U.S. Commodity Futures Trading...

  • WASHINGTON, Oct 23- Fiat Chrysler Automobiles NV has lodged a complaint with a U.S. regulator seeking "reparations" from a group of shipping companies from Asia, Europe and South America that admitted to fixing prices for shipping vehicles, according to documents made public on Monday. The automaker wants the Federal Maritime Commission to order payments from...

  • Heightened anticipation around the 10th anniversary iPhone, which opens for preorders on Oct. 27 and begins shipping from Nov. 3, has already dented demand for the just-launched iPhone 8 and 8 Plus. "The excitement surrounding the iPhone X appears to be magnitudes higher than actual purchase intent 48 percent of respondents agreed/strongly agreed that they...

  • The U.S. regulator in July issued Meridian's unit, Magellan Diagnostics, a Form 483 for its North Billerica, Massachusetts- based facility, nearly two months after it warned that the tests may underestimate lead levels in blood. Magellan's devices are the only lead-testing products cleared by the FDA and account for about half of all lead tests in the United...

  • TRENTON, N.J.— New Jersey is adding another $75 million to its program to buy and demolish homes in flood-prone areas. Chris Christie announced Monday the state is adding money to its Blue Acres program. The Raritan Bay community suffered damage from Sandy in October 2012.

  • BUENOS AIRES, Argentina— Argentine President Mauricio Macri says he will seek more sweeping reforms for Argentina after his governing coalition scored a resounding victory in congressional elections. Macri's center-right coalition remains a minority in both houses of Congress. Left-leaning ex-President Cristina Fernandez won a Senate seat, but she...

  • Oct 23- Michelin said on Monday it will release the 2018 edition of its restaurant guide to the San Francisco area on Friday after postponing it following wildfires that killed more than 40 people and charred homes, wineries and businesses in the wine-producing region of nearby northern California. Michelin will announce its 2018 rankings of San Francisco-...

  • NEW YORK, Oct 23- U.S. stocks on Monday pared gains in late-afternoon trading after losses in General Electric weighed on Wall Street indexes, while U.S. Treasury prices rose in thin volume, tracking gains in the European bond market, as investors added to positions after a selloff the last few days and ahead of this week's debt auctions and a European Central Bank...

  • BERLIN, Oct 23- The two parties that are in talks to join German Chancellor Angela Merkel's conservatives in government inched closer together in one of the most bitterly contested policy areas on Monday, brightening prospects for a coalition. Further talks to discuss tax, finances and Europe are planned for Tuesday. "It cannot be right that Amazon and Apple use...

  • *GE falls after multiple brokerage downgrades. NEW YORK, Oct 23- U.S. stocks were little changed, with the S&P 500 retreating slightly from a record on Monday, as a drop in General Electric weighed on industrial shares. Even with the drop in GE, major indexes held near their all-time highs after a strong start to third-quarter earnings and on hopes President Donald...

  • BOSTON, Oct 23- Proxy advisory firm Glass Lewis recommended on Monday that Automatic Data Processing Inc shareholders vote for all three dissident directors proposed by activist investor Bill Ackman. Glass Lewis, whose clients are large institutional investors, is the first advisory firm to issue its findings before the Nov. 7 vote, where shareholders will...

  • WASHINGTON, Oct 23- Senator Elizabeth Warren wants the U.S. Securities and Exchange Commission to investigate whether someone profited on inside information regarding the student loan servicer Navient Corp and its dealings with the federal government. In a letter sent to the SEC on Monday, Warren requested an insider trading probe of three large trades made...

  • WASHINGTON, Oct 23- A U.S. financial regulator's rule banning banks and credit card companies' ability to prevent customers from banding together to sue them relies on insufficient research and is misguided, according to new analysis from the U.S. Treasury Department. The Consumer Financial Protection Bureau's rule abolishing "mandatory arbitration...

  • Oct 23- The U.S. Food and Drug Administration said on Monday it issued a warning letter to Meridian Bioscience Inc's unit for several federal law violations after inspecting its facility that makes lead-testing devices. In July, the U.S. regulator raised concerns about Meridian's facility that makes the devices, nearly two months after the FDA warned that the...

  • Regions and cities in 43 U.S. states from Maine to Alaska, as well as Washington, D.C., submitted bids by the Oct. 19 deadline, Amazon said. The states that did not bid were Arkansas, Hawaii, Montana, North Dakota, South Dakota, Vermont and Wyoming. Canadian bids came from the provinces of Alberta, British Columbia, Manitoba, Nova Scotia, Ontario and Quebec.

  • WASHINGTON, Oct 23- U.S. and California regulators have approved a fix for about 38,000 Volkswagen AG 3.0- liter vehicles with potential excess emissions, a decision that could save the automaker more than $1 billion, according to a letter made public on Monday. As part of that settlement, VW agreed to pay owners of vehicles who obtain fixes between $8,500 and...

  • CAMARILLO, Calif.— The average price of a gallon of regular-grade gasoline fell a nickel nationally over the past two weeks to $2.51. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the drop comes as distribution systems continue to get back to normal following disruptions from late-summer hurricanes along the Gulf Coast.