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Business - Chrysler reports U.S. auto sales jump 19 percent

DETROIT (Reuters) - Chrysler Group LLC on Wednesday reported its third straight month of double-digit gains in the U.S. market, selling 19 percent more vehicles in September than a year ago, an indication that industry strength continued as summer waned. A Reuters survey of nine industry analysts showed expectations of a 10 percent rise to about 1.25 million vehicles sold in September industrywide. Chrysler was the first major automaker in the U.S. market to report sales. Most other automakers will release their results later Wednesday morning. ...

Wednesday, October 01, 2014  13:45


Business - BNY Mellon to shut derivatives sales, trading business

(Reuters) - Bank of New York Mellon Corp will exit the derivatives sales and trading business that operates as part of the company`s global markets group. `Global Markets will offer a modified version of its cash rates offering to support BNY Mellon`s investment services clients,` company spokesman Ron Summer said in an email. The decision affects about 50 people, almost all in New York, Bloomberg said, citing a person familiar with the matter. ...

Tuesday, September 30, 2014  23:35


World - Venezuelan stores fingerprint shoppers to stop hoarding

Markets want to prevent them from buying scarce goods in bulk to resell at higher prices.

Wednesday, October 01, 2014  20:29


Market - As Ebola spreads, drug stocks surge

Shares of Tekmira and other Ebola drug makers are soaring after the first confirmed Ebola case in the U.S.

Wednesday, October 01, 2014  17:43


World - Baghdad car bomb kills 15

BAGHDAD (AP) — A car bomb near pet and vegetable markets in Baghdad killed 15 people and wounded another 40 on Wednesday, Iraqi security and medical officials said.

Wednesday, October 01, 2014  17:42


World - Car bomb kills 11 in Shi`ite Baghdad neighborhood: police, medics

BAGHDAD (Reuters) - A car bomb exploded in a mostly Shi`ite Muslim neighborhood of southeastern Baghdad on Wednesday, killing 11 people, police and hospital sources said. The violence came a day after Baghdad witnessed one of its bloodiest days since U.S.-led air strikes against Islamic State insurgents in Iraq began in August. The sources said the explosion, which also wounded 27 people, occurred near a local market. Eight of those killed were civilians and three were policemen. ...

Wednesday, October 01, 2014  17:24


Market - Ebola fears hurt airlines

Airline stocks are sinking as investors worry that concerns about Ebola could hit their bottom lines.

Wednesday, October 01, 2014  17:06


World - Officials: Baghdad car bomb kills 13

BAGHDAD (AP) — Iraqi officials say a car bomb near pet and vegetable markets has killed 13 people and wounded another 25 in the capital Baghdad.

Wednesday, October 01, 2014  17:05


Market - Investors are scared out of their wits

With stocks hitting a rough patch, CNNMoney`s Fear & Greed Index has been in Extreme Fear mode for the past week and a half. Does that make now a good time to buy?

Wednesday, October 01, 2014  16:29


Market - Wall Street still hires mostly white men

An analysis found that nearly two thirds of entry-level bankers hired this year are white and over three quarters are male.

Wednesday, October 01, 2014  15:16

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