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Monday, October 31, 2011

Business Today: Stock futures slip with commods after yen intervention

Reuters
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10/31/2011
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LATEST NEWS
Stock futures slip with commods after yen intervention
NEW YORK (Reuters) - U.S. stock index futures fell on Monday, following four weeks of market gains, as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets. | Full Article
NY fed suspends MF Global, deal on future nears
October 31, 2011 08:21 AM ET
NEW YORK (Reuters) - The New York Fed suspended MF Global from conducting new business with the central bank on Monday and its shares were suspended, as the troubled brokerage nears a deal on its future. | Full Article
Japan intervenes to tame soaring yen ahead of G20
October 31, 2011 07:52 AM ET
TOKYO (Reuters) - Japan sold the yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy. | Full Article
Panasonic sees $5.5 billion annual loss, worst in a decade
October 31, 2011 08:16 AM ET
TOKYO (Reuters) - Japanese electronics maker Panasonic Corp forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as it cut unprofitable businesses deeper and faster than first planned, while battling a soaring yen and weak demand in the United States and Europe. | Full Article
Qantas resumes flights grounded by labor dispute
October 31, 2011 08:02 AM ET
MELBOURNE/SYDNEY (Reuters) - Australia's Qantas Airways returned to the air on Monday after grounding its entire global fleet over the weekend in a bold tactic to force the government to intervene in the nation's worst labor dispute in a decade. | Full Article
US TOP NEWS
Insight: Did Corzine's risk taking cripple MF Global?
October 31, 2011 06:11 AM ET
NEW YORK (Reuters) - In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink. | Full Article
Republican Cain accused of sex harassment: Politico
October 31, 2011 08:04 AM ET
WASHINGTON (Reuters) - Two women employees complained of sexually suggestive behavior by Republican presidential contender Herman Cain when he headed the National Restaurant Association in the 1990s, Politico said on Sunday. | Full Article
Rare, deadly October storm hangs on in Northeast
October 30, 2011 11:39 PM ET
NEW YORK (Reuters) - One of the darkest Halloweens ever loomed for roughly 2.8 million households left without power on Sunday by a rare October snowstorm in the Northeast that bedeviled transportation and killed at least eight people. | Full Article
Haqqani network may be linked to Kabul suicide attack: officials
October 31, 2011 08:07 AM ET
KABUL (Reuters) - The Haqqani network, which Washington has blamed for a series of attacks in Afghanistan, may have been involved in a weekend bombing in Kabul that was the deadliest ground attack against Western troops in 10 years of war, officials said on Monday. | Full Article
Panasonic sees $5.5 billion annual loss, worst in a decade
October 31, 2011 06:39 AM ET
TOKYO (Reuters) - Japanese electronics maker Panasonic Corp forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as restructuring costs ballooned, and a soaring yen and weak demand in the United States and Europe eroded income. | Full Article
HEALTH NEWS
Obama to take executive action on drug shortages
Insight: Firms to charge smokers, obese more for healthcare
Group calls for HIV screening of teens who have sex
Soft drink makers target children and teens: study
Deal reached in U.S. 2001 anthrax death suit: filing
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