| | S&P 500 closes at record on Fed expectations | NEW YORK (Reuters) - The S&P 500 index closed at another record high on Monday as expectations were high that the Federal Reserve will keep its stimulus in place at its meeting this week. | | | | | | U.S. factory, housing data suggest economy losing steam | WASHINGTON (Reuters) - U.S. manufacturing output barely rose in September and contracts to buy previously owned homes recorded their largest drop in nearly 3-1/2 years, the latest signs the economy's momentum ebbed as the third quarter ended. | | | | | | Deutsche Boerse gets offer from U.S. to settle Iran case | FRANKFURT (Reuters) - German exchange operator Deutsche Boerse said on Monday it had received an offer from the United States to settle an investigation into the possible violation of U.S. sanctions against Iran for $152 million. | | | | | | Why Wells Fargo's loan losses are plunging | (Reuters) - Wells Fargo & Co's loan book is performing better than many of its peers and better than even the bank expected in the middle of the last year, thanks to factors including higher house prices and tougher loan standards. | | | | | | Penney reiterates sales trends are improving, shares up | NEW YORK (Reuters) - J.C. Penney Co Inc told investors for the third time in less than five weeks that sales trends are improving and reaffirmed its forecast calling for positive comparable-store sales results coming out of the third quarter. | | | | | | VW's 'new era' vehicle platform seen putting a drag on profits | BERLIN (Reuters) - Volkswagen may face a new challenge to its bid for the top slot among global carmakers, as the very platform the German giant has spent the last six years creating to take it to a higher level in the rankings may not be working to plan. | | | | | | Analysis: Kenya shutdown tempers east African oil ambitions | NAIROBI (Reuters) - Tullow Oil's suspension of drilling in Kenya after weekend protests shows that popular impatience for a share of the spoils is compounding the problems energy firms face building an oil and gas industry from scratch in east Africa. | | | | | | | 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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