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World - U.S. health experts in Dallas reviewing potential Ebola exposure


By Susan Heavey WASHINGTON (Reuters) - U.S. health experts in Dallas on Wednesday were examining how many people may have been exposed to Ebola, just one day after the first case of the deadly virus was diagnosed in the United States, the nation`s top public health official said. The review came after health officials on Tuesday said a man who flew from Liberia to Texas had Ebola, the first confirmation that the outbreak devastating West Africa has reached the United States. ...


Wednesday, October 01, 2014  14:39

CNN

Market - Top 10 companies lobbying Washington


Many publicly traded companies spend millions a year for political influence. It hasn`t done much for their stock performance.


Wednesday, October 01, 2014  12:50

Yahoo

Business - Commerzbank to cut 60-70 fixed income, currency jobs: sources


FRANKFURT (Reuters) - Germany`s second biggest lender Commerzbank is cutting 60 to 70 jobs in its fixed income and currencies (FIC) division in Frankfurt as it adjusts to declining demand, several sources familiar with the matter said on Wednesday. Commerzbank is offering severance packages and is aiming to carry out redundancies through voluntary layoffs, the lender said. `Fixed Income and Currencies remain an integral part of our investment banking operations. Our offering to our clients remains unchanged,` a Commerzbank spokeswoman said. ...


Wednesday, October 01, 2014  12:11

Yahoo

Business - Ebola diagnosis in U.S. drives premarket movers


By Ryan Vlastelica NEW YORK (Reuters) - Biotechnology companies with Ebola drugs were among the most active premarket movers on Wednesday, following the first diagnosis of a patient in the U.S. with the disease. The shares rallied on concerns the disease could be spreading, while a number of airline stocks were weaker on concerns the disease could curb travel. U.S. shares of Tekmira Pharmaceuticals jumped 30 percent before the bell to $27.45, and was among the most heavily traded Nasdaq names. The stock has seen heavy interest and has more than doubled thus far in 2014. ...


Wednesday, October 01, 2014  14:03

Yahoo

Business - Lackluster factory data hits world stocks, dollar strong


By Nigel Stephenson LONDON (Reuters) - Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lackluster economic data and civil unrest in Hong Kong kept investors cautious before a European Central Bank meeting later this week. The dollar held close to a four-year high, helped by the weak factory activity data, pushing commodity prices lower. The pan-European FTSEurofirst 300 equity index was down 0.2 percent after final September purchasing manager numbers from France, Germany and the euro zone as a whole underlined the fragility of the European recovery. ...


Wednesday, October 01, 2014  11:53

Yahoo

Business - Ackman`s Pershing Square raises $3 billion in fund listing


LONDON (Reuters) - Pershing Square Holdings, one of Bill Ackman`s investment funds, said on Wednesday it had completed a $2.73 billion placing ahead of a stock market listing in Amsterdam. The firm added the exercise of an over-allotment option would see the value of the placing rise to S$3 billion. Pershing Square Holdings` shares are expected to be admitted for listing and trading on Euronext Amsterdam on Oct. 13. (Reporting By Francesco Canepa; editing by Simon Jessop)


Wednesday, October 01, 2014  11:35

Yahoo

Business - Commerzbank to cut 60-70 jobs in fixed income, FX division: sources


FRANKFURT (Reuters) - Germany`s second biggest lender Commerzbank is cutting 60-70 jobs in its fixed income and currencies division in Frankfurt, several sources familiar with the matter said on Wednesday. Commerzbank is offering severance packages and is aiming to carry out redundancies through voluntary layoffs, the lender said. Commerzbank last year combined the sales and trading arms of its fixed income and currencies business. The redundancies are part of the synergies that have been identified, one of the people said. ...


Wednesday, October 01, 2014  11:35

CNN

Personel Finance - America`s oldest workers: Why we refuse to retire!


For these seniors, the best retirement is not to retire. From a 102-year-old Wal-Mart worker to an activist park ranger, these workers have stayed on the job well into their golden years.


Wednesday, October 01, 2014  13:08

Yahoo

Business - Wall Street opens lower, Ebola concern weighs


NEW YORK (Reuters) - U.S. stocks edged lower at the open on Wednesday as caution arose following the first diagnosis of a patient in the United States with Ebola. The Dow Jones industrial average fell 26.78 points, or 0.16 percent, to 17,016.12, the S&P 500 lost 3.41 points, or 0.17 percent, to 1,968.88 and the Nasdaq Composite dropped 9.10 points, or 0.2 percent, to 4,484.29. (Reporting by Ryan Vlastelica; Editing by Bernadette Baum)


Wednesday, October 01, 2014  14:58

Yahoo

Business - New York Times to cut jobs


(Reuters) - The New York Times Co said it planned to cut jobs to lower costs and invest the savings in its `digital future.` `The reduction in positions will vary across the company,` the New York Times said in a regulatory filing. The newspaper said it expected digital advertising to grow by about 16 percent in the current quarter as smartphone and video advertising increases. Total company-wide advertising revenue is expected to be nearly flat in the quarter, the company said. (Reporting By Subrat Patnaik in Bangalore; Editing by Kirti Pandey)


Wednesday, October 01, 2014  14:58

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