U.S. jobless claims rise, but underlying labor market trends firming
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose for a second straight week last week, but remained at levels consistent with a firming labor market.
Chrysler recalls 33,443 light trucks in U.S. for tire pressure issues
DETROIT (Reuters) – Chrysler Group said on Thursday that it was recalling 33,443 light trucks in two separate campaigns to prevent false warnings from the tire pressure monitor systems.
Time Warner Cable loses more video customers in latest quarter
(Reuters) – Time Warner Cable Inc , the No. 2 U.S. cable TV operator, lost more video subscribers than analysts had expected in the third quarter as more customers opt for internet streaming services offered by companies such as Netflix Inc .
Wal-Mart and allies in face-off with Apple Pay over mobile payments
CHICAGO (Reuters) – Suddenly it’s Apple versus Wal-Mart in the fight for shoppers’ digital wallets.
Dollar surges as Fed ends QE on hawkish note
LONDON (Reuters) – The dollar surged to a three-week high, bond yields rose and gold fell on Thursday after the U.S. Federal Reserve ended its six-year quantitative easing bond-buying program.
Samsung seeks smartphone revamp to arrest profit slide
SEOUL (Reuters) – Samsung Electronics Co Ltd on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011.
Britain’s Fraud Office launches probe into Tesco accounting scandal
LONDON (Reuters) – (This version of the story inserts missing context in ninth paragraph)
Britain’s Fraud Office launches probe into Tesco accounting scandal
LONDON (Reuters) – Britain’s Serious Fraud Office (SFO) has opened a formal criminal investigation into accounting errors at Tesco , raising the stakes in a scandal that has hammered the reputation of the country’s biggest grocer.
U.S. prosecutors reopen probes against several big banks: NYT
(Reuters) – U.S. prosecutors are reopening investigations into big banks on suspicion they may have violated agreements under which the institutions settled prior cases against them, The New York Times reported, citing lawyers briefed with the matter.
Faulty Takata air bags may not be replaced for months
WASHINGTON (Reuters) – U.S. safety regulators do not expect Japanese auto parts maker Takata Corp to be able to fully supply replacement parts for millions of defective air bags until January or later, and urged Takata and the automakers it supplies to…
