Business Today: Wall Street rises in thin trade day before election

	Click to View in Browser 11/5/2012 Wall Street rises in thin trade day before election NEW YORK (Reuters) - Stocks advanced modestly on Monday in light trading in one of the year's quietest sessions on the day before the U.S. presidential election. Service sector growth slips in October, hiring picks up NEW YORK (Reuters) - The pace of growth in the U.S. services sector slowed modestly in October, though a measure of employment improved to its highest in seven months, underscoring expectations the economic recovery will remain modest. Goldman Sachs trims partner list to help cut expenses (Reuters) - Goldman Sachs Group Inc has cut the number of employees it lists as partners to help streamline expenses. Google says Apple patent lawsuit dismissed SAN FRANCISCO (Reuters) - A federal judge has thrown out a lawsuit by Apple Inc alleging that Google Inc-owned Motorola's patent licensing practices were unfair, Google said on Monday. HSBC fears U.S. money laundering fines to top $1.5 billion LONDON/WASHINGTON (Reuters) - A U.S. fine for violating federal anti-money laundering laws could cost HSBC Holdings significantly more than $1.5 billion and is likely to lead to criminal charges as well, Europe's biggest bank said on Monday. Morgan Stanley makes Kelleher sole head of key bank unit (Reuters) - Morgan Stanley's Paul Taubman, who co-headed the company's investment bank, is stepping down and his long-time rival Colm Kelleher is taking full control of the unit. GM clinches $11 billion credit line; aiming for Europe DETROIT (Reuters) - General Motors Co secured an $11 billion revolving credit facility, more than doubling its financial cushion and further strengthening the balance sheet of the largest U.S. automaker. Peregrine Financial ex-CEO's sentencing likely in early 2013 CHICAGO (Reuters) - Peregrine Financial Group's former chief executive, who confessed to bilking customers of his futures brokerage out of more than $100 million, will likely be sentenced in the first part of next year, the U.S. Attorney's Office said on Monday. Battling emus and gold, India wants more people to buy shares MUMBAI/NEW DELHI (Reuters) - A year ago, S. Kashinath, an illiterate laborer from India's southern Tamil Nadu state, lost 300,000 rupees ($5,600) in savings he invested in a pyramid scheme promising high returns from emu farming. U.S. top court reviews Comcast, Amgen class actions WASHINGTON (Reuters) - The U.S. Supreme Court considered appeals by Comcast Corp and Amgen Inc that could help determine what kind of evidence must be presented before companies may be the subject of class-action lawsuits. Related Video France likely to reject shock therapy Trading at Noon: Netflix on defense; Stifel bids on KBW Economic News G20 seeks more wiggle room on austerity pledges Service sector growth slips in October, hiring picks up A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   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 Friend us on Facebook Forward to a friend