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Wednesday, October 1, 2014

Business Today: U.S. private sector creates 213,000 jobs in September: ADP

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10/1/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
U.S. private sector creates 213,000 jobs in September: ADP
NEW YORK (Reuters) - U.S. private employers added 213,000 jobs in September, just above economists' expectations, a report by a payrolls processor showed on Wednesday.
Ackman's Pershing Square raises $3 billion in fund listing
LONDON (Reuters) - Pershing Square Holdings, a fund managed by activist investor Bill Ackman, raised $3.07 billion ahead of a stock market listing in Amsterdam, the company said on Wednesday.
Ebola diagnosis in U.S. drives premarket movers
NEW YORK (Reuters) - Biotechnology companies with Ebola drugs were among the most active premarket movers on Wednesday, following the first diagnosis of a patient in the U.S. with the disease.
Special Report: In foreign hands, British automakers overtake France
LONDON/PARIS (Reuters) - When Britain lost its last native car company 20 years ago, it was lamented across the political spectrum as a national catastrophe.
Chrysler reports U.S. auto sales jump 19 percent
DETROIT (Reuters) - Chrysler Group LLC on Wednesday reported its third straight month of double-digit gains in the U.S. market, selling 19 percent more vehicles in September than a year ago, an indication that industry strength continued as summer waned.
Nissan U.S. September sales rise 18.5 percent
(Reuters) - Nissan Motor Co reported its U.S. sales for September rose 18.5 percent at 102,955 vehicles, beating analysts' expectations.
Asian factories slow in September, push inflation ever lower
SYDNEY (Reuters) - Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an outright decline in South Korea delivering a setback to hopes for a pick in world growth this year.
Adidas seeks to placate investors with share buyback
PARIS (Reuters) - German sportswear maker Adidas, facing investor discontent after a series of profit warnings, plans to return as much as 1.5 billion euros ($1.9 billion) to shareholders over the next three years.
SocGen says 'nothing to expect' soon on U.S. sanctions probe
PARIS (Reuters) - Societe Generale said it plans to finish an internal investigation into dollar transfers made on behalf of entities based in countries subject to U.S. sanctions, linked to talks with the U.S. Office of Foreign Assets Control, by the end of next year.
JPMorgan to face U.S. class action in $10 billion MBS case
NEW YORK (Reuters) - A federal judge on Tuesday said JPMorgan Chase & Co must face a class action lawsuit by investors who claimed the largest U.S. bank misled them about the safety of $10 billion of mortgage-backed securities it sold before the financial crisis.
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