Daily Investor Briefing: Wall St. tumbles after selling picks...

	Click to View in Browser 10/13/2014 Wall St. tumbles after selling picks up late NEW YORK (Reuters) - U.S. stocks sold off on Monday in a late-day slump led by declines in energy and airline shares. Fiat Chrysler's Wall Street debut draws muted response MILAN/NEW YORK (Reuters) - Investors cautiously greeted the Wall Street debut on Monday of Fiat Chrysler Automobiles (FCA), a move that shifts the carmaker's center of gravity away from Italy and caps a decade of canny dealmaking and tough restructuring by Chief Executive Sergio Marchionne. Deaths linked to GM ignition-switch defect rise to 27 NEW YORK (Reuters) - A program to compensate victims of a faulty ignition switch in General Motors vehicles has approved three new death claims, bringing the total number of deaths linked so far to the switch to 27, according to a report released on Monday by the lawyer overseeing the program. GE aircraft unit to buy helicopter lessor Milestone for $1.78 billion (Reuters) - General Electric Co's aircraft leasing unit said it would buy Dublin-based helicopter leasing company Milestone Aviation Group for $1.78 billion. Fed's Evans sees slow inflation rise, counsels patience on rate decision INDIANAPOLIS (Reuters) - The Federal Reserve should err on the side of caution in its coming decision about when to raise interest rates for fear of upending the U.S. recovery in a weak world economy, Chicago Federal Reserve President Charles Evans said on Monday. J.C. Penney names Home Depot executive to succeed CEO Ullman (Reuters) - J.C. Penney Co Inc named Marvin Ellison, credited with resurrecting Home Depot Inc's U.S. business, as its next chief executive as the department store operator looks to push on since stemming a two-year long sales decline. France's Iliad drops plan to buy T-Mobile US PARIS (Reuters) - French low-cost telecoms operator Iliad abandoned its attempt to buy T-Mobile US on Monday because of resistance from majority owner Deutsche Telekom , becoming the third bidder to walk away in three years. Honda recalls 43,000 2014-2015 Acuras in U.S. to fix front belts DETROIT (Reuters) - Honda Motor Co said Monday it is recalling 43,000 Acura luxury models in the United States to fix faulty seat belts. Former UBS banker fined in Switzerland for handing data to U.S. BERNE (Reuters) - A former banker at Switzerland's biggest bank, UBS , has been found guilty of handing over protected Swiss bank account data to the United States, according to a penalty order issued by the Swiss prosecutors' office. Bid report boosts CSX stock, but deal seen unlikely CHICAGO (Reuters) - Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd , but analysts said any such deal would face significant regulatory and other hurdles. Related Video Russia turns to Asia as sanctions bite Fiat Chrysler stock is not for the faint of heart- Hilgert Related News Pimco chief Ivascyn says final investment calls rest with him Fidelity's Abigail Johnson gains CEO title from her father 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