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Tuesday, November 6, 2012

Business Today: Wall Street ends higher; election results eyed

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11/6/2012
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 ends higher; election results eyed
NEW YORK (Reuters) - Stocks climbed on Tuesday as voters go to the polls to choose the next president and as investors looked forward to a resolution of the drawn-out race for the White House.
Exclusive: Amazon to win e-book tussle with Apple
BRUSSELS (Reuters) - European Union regulators are to end an antitrust probe into e-book prices by accepting an offer by Apple and four publishers to ease price restrictions on Amazon, two sources said on Tuesday.
News Corp earnings beat projections on cable strength
LOS ANGELES (Reuters) - Rupert Murdoch's News Corp on Tuesday reported quarterly profit that beat analyst expectations thanks to growth at the company's cable networks.
Morgan Stanley tries to halt investor's Facebook arbitration
(Reuters) - Morgan Stanley is trying to halt a securities arbitration case filed by a Facebook investor who blames the firm and other companies for $1.9 million in damages stemming from the social media giant's botched initial public offering.
Ex-GM engineer, husband face trade-secret theft charges
DETROIT (Reuters) - A former General Motors Co engineer and her husband, charged with conspiring to steal the automaker's trade secrets, were seen throwing out bags of shredded documents in a shopping plaza in 2006, FBI agents said on Tuesday.
Romney's hedge-fund backers plan to party on election night
By Svea Herbst-Bayliss, Katya Wachtel and Lauren Tara LaCapra
Job openings slip slightly in September, quits decline
NEW YORK (Reuters) - The number of job openings slipped slightly in September, suggesting the labor market is still recovering at a slow pace, data showed on Tuesday.
Markets want clear decision from presidential vote
NEW YORK (Reuters) - Traders and investors seem to agree on one thing about Tuesday's U.S. presidential election: The markets want a clear winner by Wednesday morning.
Exclusive: American Century hires Ameriprise executive as COO
NEW YORK (Reuters) - American Century Investments has hired Patrick Bannigan, an Ameriprise Financial executive, as its new chief operating officer.
Easing NY pump pain could net oil traders millions
NEW YORK/LONDON (Reuters) - With gas lines still snaking from filling stations in the U.S. Northeast after Hurricane Sandy, nimble oil traders may be poised to reap millions in profit by supplying fuel to the storm-struck region.
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