FTC asks Family Dollar for more information on Dollar General bid
(Reuters) – Dollar-store operator Family Dollar Inc said it received a request for additional information from the Federal Trade Commission related to Dollar General Corp’s hostile takeover attempt.
Pimco’s assets under management drop five percent in third quarter
NEW YORK (Reuters) – Pacific Investment Management Co., whose co-founder Bill Gross stunningly departed on Sept. 26, said late Friday that the Newport Beach, Calif.-firm had assets under management of $1.876 trillion as of Sept. 30, a 5 percent drop in…
Chipmakers lead Wall St. selloff; S&P lowest since May
NEW YORK (Reuters) – The S&P 500 and Nasdaq on Friday posted their largest weekly declines since May 2012 and the Dow turned negative for the year, led down by technology stocks after a chipmaker warned of a major pullback in the industry.
Ex-Fed Chair Bernanke: wanted to stop AIG default, not punish firm
WASHINGTON (Reuters) – Former Federal Reserve Chairman Ben Bernanke said on Friday that he was hesitant to bail out American International Group in 2008, but he was primarily concerned that the insurer “was on the brink of default” and not about punishing AIG. 
Venezuela says to pay less than $1 billion to Exxon over nationalization
CARACAS (Reuters) – Venezuela will end up paying less than $1 billion to Exxon Mobil Corp for oil assets nationalized in 2007, after this week’s World Bank tribunal award, the Venezuelan government said on Friday.
Reliance seeks sale of Eagle Ford stake for up to $4.5 billion: sources
NEW YORK (Reuters) – India’s Reliance Industries Ltd is seeking a buyer for its stake in the Eagle Ford Basin oil and natural gas joint venture with Pioneer Natural Resources Co , a sale that could raise up to $4.5 billion, according to people familiar…
Lawyers in Argentine debt dispute to meet with mediator next week
NEW YORK (Reuters) – A court-appointed mediator said Friday he would hold a meeting next week between lawyers for Argentina and creditors suing the country in a longstanding dispute over defaulted debt.
GT to cut jobs, wind down sapphire plant; takes aim at Apple
(Reuters) – GT Advanced Technologies Inc said it will cut 890 jobs, close an Arizona plant expected to make scratch-resistant screens for Apple Inc , and suggested it could pursue legal claims against the iPhone maker while revamping under bankruptcy.
Venezuela ordered to pay Exxon $1.6 billion for nationalization
CARACAS (Reuters) – A World Bank arbitration tribunal on Thursday ordered Venezuela to pay Exxon Mobil Corp about $1.6 billion to compensate for oil nationalization in 2007, though state oil company PDVSA expects to eventually pay closer to $1 billion….
Berkshire-owned Dairy Queen says customer data hacked in 46 states
(Reuters) – Ice cream and fast-food restaurant chain Dairy Queen has confirmed a security breach that may have compromised the payment card information of customers at several hundred locations across 46 U.S. states.
