U.S. service sector growth slips in September: ISM survey
NEW YORK (Reuters) – The pace of growth in the U.S. services sector fell in September to its lowest level in three months but employment hit a nine-year high, according to an industry report released on Friday.
U.S. services sector growth slows in September: Markit
NEW YORK, Oct 3 (Reuters) – The pace of growth in the U.S. services sector dipped for a third straight month in September, although the services employment picture improved, a survey showed on Friday.
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.
Searching for new supercar, Bugatti shielded from VW cost curbs
PARIS (Reuters) – Volkswagen keeps lavishing money on supercar maker Bugatti, its most exclusive brand, even as the German group plans painful cuts in its core auto business.
Disney extends CEO Iger’s contract through June 2018
LOS ANGELES (Reuters) – Walt Disney Co’s board extended Chairman and Chief Executive Bob Iger’s contract through June 2018, keeping him at the helm of the media and theme park company two years longer than he previously planned.
UBS faces fine of up to $6.3 billion in French tax probe: paper
ZURICH (Reuters) – Switzerland’s largest bank UBS could face a fine of up to $6.3 billion if found guilty in an investigation in France into whether it helped wealthy customers there avoid tax, a Swiss newspaper reported on Friday.
Bentley joins ultra-luxury fast lane with Mulsanne Speed
PARIS (Reuters) – Bentley, the venerable British carmaker known for comfort and style, is moving into the fast lane of ultra-luxury cars with a new version of its flagship saloon, aiming to grab a bigger slice of a market tipped to double in size by 20…
Pimco CEO says ‘our DNA is fundamentally unchanged’ after Gross
(Reuters) – Pimco CEO Doug Hodge played defense on Thursday, reiterating that Bill Gross’s departure has not affected the way the U.S. bond giant functions.
Exclusive: Goldman considering setting up new infrastructure fund
NEW YORK (Reuters) – Goldman Sachs Group Inc is considering raising a new infrastructure fund, according to three people familiar with the matter, even as U.S. regulations threaten to reduce its profits from such endeavors.
Exclusive: Facebook plots first steps into healthcare
SAN FRANCISCO (Reuters) – Facebook Inc already knows who your friends are and the kind of things that grab your attention. Soon, it could also know the state of your health.
