  | | | S&P 500 rises for third day; IBM drags on Dow | | NEW YORK (Reuters) - The S&P 500 rose for the third consecutive day on Wednesday after housing starts hit a four-year high, but the Dow was curbed by IBM after it posted weak revenue. | | |  | | | Housing starts surge in positive sign for economy | | WASHINGTON (Reuters) - Groundbreaking on new homes surged in September to its fastest pace in more than four years, a sign the housing sector's budding recovery is gaining traction and supporting the wider economic recovery. | | | |  | | | Sales stumbles raise fresh worry for corporate America | | BOSTON (Reuters) - A slowing world economy took a toll on sales of products ranging from soft drinks to corporate jets in the third quarter, leading top U.S. companies, including PepsiCo Inc, IBM and Textron Inc, to miss Wall Street's sales targets. | | | |  | | | Obama slams Romney on tax rate, wealth, "47 percent" | | WASHINGTON (Reuters) - In what amounted to a do-over on the subject of wealth and fairness, President Barack Obama took aim on Tuesday night at Republican presidential candidate Mitt Romney's personal finances, his tax plan and his once-private comment about the "47 percent" of Americans who don't pay income taxes. | | | |  | | | China third-quarter GDP growth set for fresh slide below target | | BEIJING (Reuters) - China's economy likely slowed for a seventh straight quarter in July-September, missing the government's target for the first time since the depths of the global financial crisis, and data on Thursday could signal still worse to come. | | | |  | | | IMF urges aid for Italy, Spain but Rome baulking | | MILAN/MADRID (Reuters) - The International Monetary Fund called on the eve of a European Union summit for both Spain and Italy to seek euro zone assistance to draw a line under the bloc's debt crisis, but Rome has rebuffed the idea and Madrid seems likely to apply alone. | | | |  | | | Fearing leaks, Japan's Softbank sprinted to close U.S. deal | | NEW YORK/TOKYO (Reuters) - After months of secretive talks between "Starburst" and "Saturn" - codenames for Japanese telecoms firm Softbank and its U.S. target Sprint - fears that media leaks could scuttle Japan's biggest overseas buyout pushed negotiators into overdrive. | | | | |  |  | | | 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 | |
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