RefBan

Referral Banners

Yashi

Tuesday, October 30, 2012

Business Today: Wall Street closed for second day

Click to View in Browser
10/30/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Wall Street closed for second day
NEW YORK (Reuters) - The stock market was closed for a second straight day on Tuesday as cash equity trading was canceled in the wake of Hurricane Sandy.
Disney to buy "Star Wars" producer for $4.05 billion
(Reuters) - Walt Disney Co has agreed to buy filmmaker George Lucas's Lucasfilm Ltd and the "Star Wars" franchise for $4.05 billion in cash and stock, a blockbuster deal that adds one of the most beloved franchises in entertainment history to Disney's lineup.
U.S. stock markets to reopen on Wednesday after storm
(Reuters) - Major U.S. stock exchanges expect to reopen on Wednesday after Sandy, the worst storm to hit New York in nearly 75 years, closed trading for two days.
Lukewarm jobs report awaits Americans as election nears
WASHINGTON (Reuters) - U.S. job growth likely picked up in October, but not enough to prevent the unemployment rate from rising off a near four-year low, although that might not matter for next week's presidential election.
Hurricane Sandy disrupts Northeast U.S. telecom networks
NEW YORK (Reuters) - Power outages and flooding caused by Hurricane Sandy disrupted telecommunications services in Northeastern states on Tuesday, resulting in spotty coverage for cellphones, television, home telephones and Internet services.
Citigroup says prepared for trading after power outages
(Reuters) - Citigroup Inc said it is ready for markets to re-open on Wednesday despite power outages in the waterside neighborhood around its trading floors and flood damage in a building where its investment bankers are based.
U.S. companies hustle to re-staff, reopen after Sandy
NEW YORK/CHICAGO (Reuters) - After Hurricane Sandy devastated the East Coast, companies scrambled on Tuesday to assess the damage and figure out how to staff up as soon as possible.
Dow Chemical to take charge of up to $1.1 billion
(Reuters) - Dow Chemical Co will take a fourth-quarter charge of as much as $1.1 billion related to last week's announcement that it will close 20 plants, write down the value of its lithium ion battery business and lay off thousands of workers.
UBS to cut 10,000 jobs in fixed income retreat
ZURICH (Reuters) - Swiss bank UBS unveiled plans on Tuesday to fire 10,000 staff and wind down its fixed income business, returning to its private banking roots as it adapts to tough capital rules that make it harder to turn a profit from trading.
Chrysler repeats not moving Jeep work to China from U.S.
DETROIT (Reuters) - Chrysler Group LLC Chief Executive Sergio Marchionne reaffirmed on Tuesday that the company is not moving Jeep vehicle production out of the United States to China after it became an issue in the U.S. presidential campaign.
Related Video
U.S. Day Ahead: U.S. stock markets expect to reopen
EE brings 4G to UK
Economic News
Lukewarm jobs report awaits Americans as election nears
Economy may skirt direct hit from Hurricane Sandy
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments:

Yashi

Chitika