Business Today: AIG quarterly profit beats estimates

	Click to View in Browser 10/31/2013 AIG quarterly profit beats estimates (Reuters) - American International Group Inc reported a better-than-expected third-quarter operating profit, helped by strong growth in its property and casualty business. Wall Street falls as Fed uncertainty weighs NEW YORK (Reuters) - U.S. stocks fell on Thursday on caution a day after the Federal Reserve kept its economic stimulus in place but failed to match some market expectations of extending accommodative policy into 2014. No shutdown in U.S. Midwest as business activity index surges WASHINGTON (Reuters) - Business activity in the U.S. Midwest surged past expectations in October as new orders hit their highest level since 2004, countering recent evidence of soft economic growth. Fannie Mae sues nine banks for rigging Libor NEW YORK (Reuters) - Fannie Mae sued nine of the world's largest banks on Thursday, accusing them of colluding to manipulate interest rates and seeking more than $800 million of damages. Big Oil faces pressure from shareholders over costs LONDON/HOUSTON (Reuters) - Oil industry shareholders concerned about poor returns and costly projects urged executives from Big Oil this week to return cash to shareholders - and at least one of the world's top five petroleum companies fully acquiesced. Credit Suisse dismisses trader who cost bank $6 million: WSJ NEW YORK (Reuters) - Credit Suisse Group AG has dismissed a trader who cost the bank $6 million in losses from "unusual trading activities" that are being looked at by regulators, the Wall Street Journal reported on Thursday. BJ's launches $2.1 billion loan for refinancing, dividend recap NEW YORK (Reuters) - Warehouse retailer BJ's Wholesale Club is tapping the wide open credit markets for the second time in slightly over 12 months to finance a distribution to its shareholders, sources told Thomson Reuters LPC. More U.S. small businesses plan for employee health coverage: survey (Reuters) - The number of U.S. small businesses planning to start to offer health coverage for their employees next year slightly exceeds the number that expect to drop coverage, even as costs continue to rise, according to a survey released on Thursday. Analysis: For Merck, bringing cattle feed Zilmax back won't be easy (Reuters) - U.S. pharmaceutical giant Merck & Co faces significant challenges bringing its controversial feed additive Zilmax back to market in the United States and Canada, even after a vote of confidence from South Korea on Thursday. Oracle shareholders give Ellison's pay a thumbs down SAN FRANCISCO (Reuters) - A majority of shareholders opposed Oracle Corp Chief Executive Larry Ellison's pay in a non-binding vote on Thursday following complaints that the world's third-richest man makes too much as his company struggles against smaller rivals. Related Video Bitcoins made simple: Go to an ATM Daily Digit: Time Warner Cable users flee Economic News No shutdown in U.S. Midwest as business activity index surges Cleveland Fed taps firm in search for Pianalto successor 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