Daily Investor Briefing: Wall Street kicks off October with...

	Click to View in Browser 10/1/2012 Wall Street kicks off October with modest gains NEW YORK (Reuters) - Wall Street started a new quarter with a modest rally on Monday, lifted by a surprising expansion in U.S. manufacturing in September. Bernanke tackles critics of Fed's growth push INDIANAPOLIS (Reuters) - Federal Reserve Chairman Ben Bernanke on Monday delivered a broad defense of the U.S. central bank's controversial bond-buying stimulus plan, saying it is necessary to support a flagging economic recovery. U.S. manufacturing grows in September for first time since May NEW YORK (Reuters) - U.S. manufacturing unexpectedly expanded in September for the first time since May as new orders and employment picked up, but the pace of growth showed the economy was still stuck in a slow recovery. End of payroll, Bush tax cuts top "fiscal cliff" fears: study WASHINGTON (Reuters) - If Congress does nothing and the United States plunges off the "fiscal cliff" in three months, taxes would rise for 90 percent of Americans due to automatic increases in income and payroll taxes and other financial shocks, said a report issued on Monday. Exclusive: Spain ready for bailout, Germany signals "wait"- sources MADRID (Reuters) - Spain is ready to request a euro zone bailout for its public finances as early as next weekend but Germany has signaled that it should hold off, European officials said on Monday. Wal-Mart workers tell Wall Street about hard work, low pay NEW YORK/CHICAGO (Reuters) - Wal-Mart Stores Inc employees who say the world's largest retailer's labor practices are unfair voiced their concerns to Wall Street analysts on Monday, claiming that problems like long lines and empty shelves are systemic. Shares, euro rise on U.S. manufacturing NEW YORK (Reuters) - Stocks in major markets rallied on Monday after a survey showed the U.S. manufacturing sector expanded last month for the first time since May and as the results of Spain's bank stress test drove gains in European financial shares. Xstrata gives cautious blessing to $33 billion Glencore bid LONDON (Reuters) - Mining group Xstrata gave its long-awaited blessing on Monday to a revised $33 billion bid from trader Glencore, bowing to investor pressure by changing the deal to ensure it isn't sunk by a payment plan to retain top managers. UBS trader's colleague says took part in some false accounting LONDON (Reuters) - A former colleague of accused UBS "rogue trader" Kweku Adoboli admitted in court on Monday he had taken part in some of the illicit accounting of which Adoboli stands accused. Yahoo CEO to return to office one-two weeks after birth of first baby SAN FRANCISCO (Reuters) - Yahoo Inc Chief Executive Marissa Mayer, three months into a nascent effort to revamp the struggling Web company, could be back in the office in one week, following the birth of her first child on Sunday. Related Video Smart cars project wireless future at Paris Motor Show Trading at Noon: Goldman Sachs gets the Midas touch Related News New investment chief says Vanguard to stay lowest cost After scams and slumps, wealth advisers try to rebuild trust 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