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WALL STREET-PERFECT 10
New York The stock market is poised for a "Perfect 10." As stocks surge this year, putting them on course for its best annual performance in a decade, all 10 industry groups in the Standard & Poor's 500 index are on track to finish 2013 with a gain of 10 percent or more. That may not sound surprising given the market's impressive run-up, but it hasn't happened in almost two decades. By Markets Writer Steve Rothwell. UPCOMING: 800 words by 5 p.m., photos.
WALL STREET Stocks rise after the number of people applying for U.S. unemployment benefits fell to the lowest since September. SENT: 490 words, photo. UPCOMING: 700 words by 5 p.m.
NEW YORK Technology experts say healing what ails the Healthcare.gov website will be a tougher task than the Obama administration acknowledges. Programmers and systems analysts say they start fixing troubled websites by addressing the glitches they can see. But many expert observers believe the ongoing repairs are likely to reveal even deeper problems, making it tough to predict when all the site's issues will be resolved. By Bree Fowler. SENT: 800 words.
SEOUL, South Korea LG Electronics Inc. says it's investigating a claim that some of its smart TVs send information on home viewing habits back to the company without consent. The investigation comes after Jason Huntley, a 45-year-old IT consultant in Britain, detailed in his blog how his LG smart TV logged the channels he was watching and sent the data to LG. By Youkyung Lee. SENT: 390 words, photo.
DIGITAL LIFE-TECH TEST-GOOGLE NEXUS 5 PHONE
NEW YORK You don't get a lot of frills with Google's new Nexus 5 phone. There's no fingerprint reader, no waterproof covering, no sensor to detect eye movement or hand gestures. What you get instead is an Android phone that's very good at the basics for an excellent price. By Anick Jesdanun. SENT: 920 words, photo.
PARIS The wine world's best-known party is beginning the ritual uncorking of Beaujolais Nouveau every November. That's both a curse and a blessing for the famed French region and its lesser-known yet finer wines. Beaujolais Nouveau is easy to drink, but everything a fine wine is not: young, poor in tannins and not suited to storage. It's partially because new wines could never hope to stir the imagination the way that the great wines of Bordeaux or Champagne do that the makers of Beaujolais Nouveau resorted to what has become a hugely successful marketing campaign. By Sarah DiLorenzo. SENT: 680 words, photos.
STEVENS POINT, Wis. Holy auction block, Batman! Comic book collector and industry legend Maggie Thompson of Wisconsin has decided to put some 500 pieces of her personal collection up for auction over the next few months. Auctioneers expect the total collection could fetch $1 million by the time sales wrap up next year. By Todd Richmond. SENT: 780 words, photo, video.
MARKETS & ECONOMY:
WASHINGTON The Senate Banking Committee votes to advance Janet Yellen's nomination to be the next chairman of the Federal Reserve. The timing of a full Senate vote is not clear. Some senators have said they plan to hold up her nomination as leverage on other matters. But the Senate is eventually expected to approve Yellen's nomination to a four-year term that would begin in February. By Martin Crutsinger. SENT: 450 words, photo.
WASHINGTON The number of people applying for U.S. unemployment benefits falls 21,000 to a seasonally adjusted 323,000 last week, the lowest since late September and further evidence of an improving job market. By Christopher S. Rugaber. SENT: 400 words, photo.
WASHINGTON U.S. wholesale prices fall in October for the second straight month, driven down again by cheaper gasoline costs. By Josh Boak. SENT: 360 words, photo.
WASHINGTON Average U.S. rates on fixed mortgages declined this week after two weeks of increases, keeping home-buying affordable. Mortgage buyer Freddie Mac says the average rate on the 30-year loan fell to 4.22 percent from to 4.35 percent last week. By Marcy Gordon. SENT: 320 words, photo.
OIL PRICES The price of oil rose slightly, to above $94 a barrel, as talks between Iran and six powers to curb Tehran's nuclear program seemed to be at an impasse. SENT: 400 words. UPCOMING: 450 words by 3:30 p.m.
LONDON Further evidence emerges showing that the paltry economic recovery in the 17-country eurozone is already losing steam, just months after it emerged from its longest-ever recession. By Pan Pylas. SENT: 470 words, photo.
GENERAL MOTORS-GOVERNMENT STOCK
DETROIT The U.S. government expects to sell the last of its stake in General Motors by the end of the year, bringing an end to a sad chapter in the 105-year-old company's history. A sale at current prices would leave taxpayers about $10 billion short of breaking even on the bailout. SENT: 520 words.
CAR CHARGING STATIONS
LOS ANGELES A New Jersey energy company required by an unusual legal settlement to build an extensive network of electric car chargers throughout California has delivered just 10 percent of what it promised in the first year. The settlement between NRG Energy Inc. and California energy regulators was sold as the key to jump-starting enthusiasm for the non-polluting vehicles. By Justin Pritchard. SENT: 980 words, photos.
TRAVEL-NINE MILES OF FUN
ORLANDO, Fla. Ever wonder where fun comes from? Answer: Here, at the International Association of Amusement Parks & Attractions expo. The five-day trade show is taking place this week in Orlando, smack in the middle of the world's biggest theme park corridor. It's the largest such convention in the world, and people from more than 100 countries either attend, or exhibit, at the mind-bogglingly massive show. By Tamara Lush. SENT: 670 words, photos.
ATLANTIC CITY, N.J. For the first time, people in New Jersey will be able to click a mouse or swipe a screen to gamble online. A five-day trial period of Internet gambling begins at 6 p.m. when players invited by casinos to test their systems make real-money bets online. By Wayne Parry. SENT: 460 words, photos.
DUBAI-AIRSHOW The Dubai Airshow closes its doors to visitors after rainfall flooded parts of the trade event's large exhibition hall. SENT: 190 words.
BANGLADESH-GARMENT SAFETY Officials say Bangladesh will begin inspecting its export-oriented garment factories to assess the building structures and how safe they are from fire and electrical accidents. SENT: 280 words.
747-WRONG AIRPORT A Boeing 747 jumbo jet mistakenly landed at a small Kansas airport not far from the Air Force base where it was supposed to land to deliver parts for the company's famed new 787 Dreamliner. SENT: 440 words, photo.
BOEING AD OOPS There was one thing wrong in a full-page ad in The Seattle Times urging state lawmakers to pass a transportation package aimed at persuading Boeing to build the new 777X in Washington. The photo was of an Airbus jetliner, not a Boeing. SENT: 120 words.
CONGRESS-PIPELINE PERMITS The House has approved a bill to speed approval of natural gas pipelines, the third bill passed this week to boost energy production in the U.S. SENT: 130 words.
BABY MONITOR RECALL Angelcare Monitors Inc. is voluntarily recalling 600,000 baby monitors following the death of two infants due to strangulation. SENT: 270 words.
BARISTA TIPS Federal appeals court in NY agrees Starbucks coffee servers must share tips with supervisors. SENT: 70 words. UPCOMING: 300 words by 3 p.m.
CULINARY UNION CONTRACT Union workers at Las Vegas Strip casinos owned by MGM Resorts International have overwhelmingly approved a contract that preserves health benefits and aims to bring back workers laid off when restaurants closed during the recession. SENT: 440 words.
NAVIGATOR HOLDINGS-IPO Navigator Holdings Ltd.'s stock is rising on the first day on the New York Stock Exchange for the liquefied gas shipper. SENT: 220 words.
GERMANY-DEUTSCHE TELEKOM Deutsche Telekom AG says it is selling a 70 percent stake in its online classifieds business for 1.5 billion euros ($2 billion). SENT: 100 words.
EVOGENE-IPO MOVER Shares of Evogene climb in morning trading after the biotechnology company raises $73.8 million through its U.S. initial public offering. SENT: 130 words.
NEW YORK Sales declines at Kmart and Sears stores led to a widened loss in the third quarter for parent company, Sears Holdings Corp. The ailing department store chain also was hurt because it had to do some heavy discounting to get shoppers to spend. By Anne D'Innocenzio and Michelle Chapman. SENT: 540 words, photo.
EARNS-TARGET Target Corp.'s third-quarter net income drops 47 percent, stung by costs related to its expansion into Canada. Its adjusted profit beat analysts' estimates, but revenue fell short. SENT: 460 words.
EARNS-GAP Gap Inc. reports quarterly results. UPCOMING: 130 words after release of report at 4 p.m. a.m., followed by xxx words by xx p.m., photo.
AUTO SHOW-HOT WHEELS-LEXUS CT 200H
GUANGZHOU, China While a flurry of new car models are being paraded at auto shows in Los Angeles and Tokyo, Toyota's luxury brand Lexus is using the week's other big auto show in China to unveil the latest version of its CT 200h. This four door hatchback hybrid is positioned as a sporty luxury compact. The 2014 model is the first major update since it was launched in China in 2011 but changes are mostly cosmetic to give the car a fresher look. By Kelvin Chan. SENT: 460 words, photos.
KIA-MINIVAN RECALL Kia Motors Corp. is recalling nearly 80,000 minivans in the U.S. because a suspension part can break and cause drivers to lose control of the vehicles. SENT: 180 words.
TECHNOLOGY & MEDIA:
CAMPAIGN DONATIONS-BITCOIN The nation's election regulator says that groups can't receive contributions in the form of Bitcoins, at least for now. Sent: 130 words.
CYPRUS-BITCOIN Cyprus' biggest private university says it will start accepting the digital currency Bitcoin as an alternative way to pay tuition fees. SENT: 290 words.
FINLAND-NOKIA-MICROSOFT Nokia says its headquarters near the Finnish capital will be taken over by Microsoft on completion of the sale of its cellphone and services division to the U.S. software company, expected in early 2014. SENT: 130 words.
PINTEREST-LOCATION Pinterest, the online pinboard for sharing everything from wedding china ideas to travel inspiration, is now letting users add location to their pins. SENT: 250 words.
ATHENS, Greece Greece's battered economy is expected to emerge from its deep recession and grow slightly next year, the deputy finance minister said, moments after the 2014 draft budget was submitted to Parliament. By Derek Gatopoulos. SENT: 400 words, photo.
EUROPEAN CENTRAL BANK The head of the European Central Bank says harmful deflation is not taking hold in the eurozone despite concerns over the strength of the region's recovery. SENT: 140 words.
IRAN-NUCLEAR TALKS Seven-nation talks on a deal meant to start a rollback of Iran's nuclear program in exchange for sanctions relief are delayed as senior envoys from both sides wrestled with a draft they hoped would be acceptable to both Tehran and its six world powers negotiating with it. SENT: 810 words, photos.
JAPAN-ECONOMY Japan's central bank opts to keep its ultra-loose monetary policy in place, saying the economy is on track for a "moderate recovery" despite slowing growth in the past quarter. By Elaine Kurtenbach. SENT: 540 words, photos.
RUSSIA-URALKALI Belarus will send home the jailed chief executive of Russia's largest potash company whom it accused of harming the Belarusian economy, Russian officials say. SENT: 380 words, photo.
FRANCE-GOING SLOW Hundreds of French farmers have brought their tractors onto roads around Paris to protest a planned reform of Europe's agricultural subsidies. Police prevented protesting farmers from blocking major highways, and traffic was moving normally on the main roads around the French capital. SENT: 500 words, photos.
GERMANY-NEW GOVERNMENT German Chancellor Angela Merkel says she is prepared to accept demands for a national minimum wage in order to forge a coalition that would give her a third term in office. SENT: 130 words.
THAILAND-INFRASTRUCTURE Thailand's plans to plow $69.5 billion into building high-speed train lines and other transport infrastructure are in limbo after the main opposition party launched a legal challenge to the spending. SENT: 370 words.
BRITAIN-LONDON UNDERGROUND London's subway system is planning to introduce 24-hour service on the weekends on some lines under new plans that will involve closing all ticket offices and cutting 750 jobs by 2015. SENT: 140 words.
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The HealthCare.gov website still isn't fixed, but that doesn't mean pharmacy benefit management companies don't stand to benefit from the implementation of the Affordable Care Act. Jeffries analyst Brian Tanquilut, said in a recent note to clients that concerns surrounding the insurance exchanges "are overblown and have opened up compelling investment opportunities." UPCOMING: Graphic expected by 6 p.m.
Aeropostale attracts big investor
The teen retail sector has been clobbered this year, but Aeropostale disclosed Wednesday that investment firm Hirzel Capital Management disclosed that it bought a 6 percent stake in the teen apparel chain. UPCOMING: Graphic expected by 6 p.m.