  | | | Wall St. rallies on payrolls report | | NEW YORK (Reuters) - The S&P 500 posted its best day since August on Friday following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy. | | | |  | | | GM recalls more than half a million cars, SUVs | | DETROIT (Reuters) - General Motors Co said on Friday it was recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch problems and loose parts and would stop sales of two new truck models with potential air bag defects. | | | |  | | | Yahoo plans to invest in Snapchat: WSJ | | (Reuters) - Yahoo Inc plans to invest a part of the proceeds from the Alibaba Group Holding Ltd stake sale in mobile app Snapchat, which lets users send messages that disappear after a few seconds, the Wall Street Journal said. | | | |  | | | U.S. trade deficit narrows on rise in exports | | WASHINGTON, Oct 3 (Reuters) - The U.S. trade gap unexpectedly narrowed in August to its smallest level in seven months on an increase in exports, supporting views of sturdy economic growth in the third quarter. | | | |  | | | French magistrates propose $6.1 billion fine for UBS: source | | PARIS (Reuters) - French investigating magistrates have proposed that UBS AG pay a fine of 4.88 billion euros ($6.16 billion) in an investigation into whether the Swiss bank helped wealthy French individuals dodge tax, according to a judicial source. | | | |  |  | | | 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 | |
