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1-Iraqi Forces Press Offensive

-Kurdish and Iraqi forces captured 17 villages near Mosul amid stiff
Islamic State resistance, in the first day of a battle to retake the city. (take into
one's possession or control by force.)
-Kurdish and Iraqi forces captured 17 villages around Mosul on Monday, Iraqs
military said, but Islamic State slowed their advance with heavy mortar fire
that signaled a potentially fierce battle for the militant groups last major
stronghold in Iraq.

2-Agencies Tussle on Clinton Email

-A State Department official in 2015 tried to keep the FBI from marking a
Hillary Clinton email as classified, documents show.
-A State Department official in 2015 tried to keep the Federal Bureau of
Investigation from marking a Hillary Clinton email as classified, according to
documents that reveal the extent to which officials sought to reduce the
number of messages judged to contain national secrets.

3-Netflixs Jump in New Users Fuels Stock Rise

- Netflix reported a larger-than-expected increase in new subscribers,

reassuring investors about growth and sending shares surging 20% after
hours.
-Netflix Inc. blew through its forecast for subscriber additions in the
September quarter, reassuring ( ) investors who were
skittish(unstable) about the streaming giants growth trajectory (path) and
sending its shares soaring (high) 20% in after-hours trading.

4- The Dying Business of Picking Stocks


-Passive investing is the default choice for many, shaking Wall Street
-Investors are giving up on stock picking.
Pension funds, endowments, 401(k) retirement plans and retail investors are
flooding into passive investment funds, which run on autopilot by tracking an
index. Stock pickers, archetypes ) of 20th-century Wall Street, are
being pushed to the margins.
- Passive management (also called passive investing) is an investing strategy that tracks a
market-weighted index or portfolio. The idea is to minimize investing fees and to avoid the
adverse consequences of failing to correctly anticipate the future.
Passive management is the opposite of active management in which a
fund's manager(s) attempt to beat the market with
various investing strategies and buying/selling decisions of a portfolio's
securities. Passive management is also referred to as "passivestrategy,"
"passive investing" or " index investing."

Business

1- Caterpillar CEO Steps Down as Bets Sour ( )

- Caterpillar CEO Oberhelman will retire earlier than expected.


Company veteran Jim Umpleby will succeed him in the post
- Caterpillar Inc. Chairman and Chief Executive Doug
Oberhelman will retire earlier than expected, leaving company
veteran Jim Umpleby to battle a historic sales slump after ill-timed
bets on China and mining equipment.

2-Ford Chief Sets Auto Maker on a Dual Track

-Mark Fields recasts firm as transportation- services provider as


well as manufacturer
-For the better part of a decade, One Ford served as the battle
cry of the No. 2 U.S. auto maker.

3-IBM Profit, Sales Slip but New Units Grow

- IBMs profit and revenue fell, though such newer businesses


as cloud computing and artificial intelligence showed growth.
- Profit and revenue at International Business Machines Corp.
declined, with the top line edging lower to mark its 18th
consecutive fall. Still, the company saw growth in newer
businesses such as cloud computing and artificial intelligence.

4-Manufacturers Lose Out on Talent

- Nearly every industry is looking to hire software engineers and


developers. But the manufacturing sector is having particular
trouble attracting potential recruits.

19-10

1- Unions Up the Election Ante


- Labor unions are plowing money into the elections at an
unprecedented rate, largely in an effort to help elect Clinton and
give Democrats a majority in the Senate.
-labor unions are plowing money into the 2016 elections at an
unprecedented rate, largely in an effort to help elect Hillary Clinton
and give Democrats a majority in the Senate.

2-Leaked Salesforce Document Hints at Targets

-Salesforce looked at over a dozen acquisition targets that


didnt include Twitter before it considered buying the social-media
firm, hacked emails reveal.

-Months before salesforce.com Inc. considered buying Twitter Inc.,


the company was looking at more than a dozen acquisition
targets that didnt include the social-media giant, according to an
internal presentation for its board members.

3-Goldmans Trading Drives Earnings

- Goldman posted third- quarter profit of $2.09 billion, boosted


by trading revenue, in a surprisingly strong earnings report.
- Goldman Sachs Group Inc. has recently been sketching out a
future that includes retail deposits, new technology and online
loans.

(the Goldman Sachs Group, Inc. is an American multinational finance


company that engages in global investment banking, investment
management, securities, and other financial services, primarily with
institutional clients.)

4-Chinas Factories Shop at Home

-Rising manufacturing skills mean they now purchase less


material overseas, altering global trade
- ChinaJudah Huang works deep in the global supply chain at a
Chinese company that makes nonstick coatings for cookie sheets,
frying pans and grills sold in stores such as Wal-Mart.

- Until a few years ago, the pans and griddles were made in China, but most of the
ma- terials that went into them were not. Mr. Huang imported most of the resins,
pigments and pastes for his coatings from multinational suppliers such as Dow
Chemical Co. of the U.S. and Eckart Effect Pigments of Germany.
Now, in a shift that is echoing throughout Chinas vast manufacturing sector, he is
buy- ing more than 70% of those things from local suppliers.

Big in Denmark: Reality-TV Fans Are Keeping Up With a


Diplomat
5-

Business
1- Yahoo Looks to Bright Side After Breach
- Yahoo notched an increase in third-quarter earnings and said
usage rose slightly since the company disclosed a data breach.
- Yahoo Inc. on Tuesday posted an increase in third- quarter profit
and said usage of its email product has increased slightly since
disclosing a massive data breach, rare bits of good news as it
clings to () a deal to sell itself to Verizon Communications
Inc.

2-For Casino Operators, China Is Risky Bet

-The five men came at mid- night. The police are here, Jiang
Ling told her husband, Jeff Sikkema, rousting him from bed in their
Shanghai apartment.
For the next few hours, Mr. Sikkema said he watched as the
plainclothes Chinese authorities questioned his wife early Friday
about her activi- ties with Australian gambling company Crown
Resorts Ltd

3-Nevada Voters Weigh End of Electric Monopoly

-November ballot measure backed by gambling sector would


add competition for states largest utility
- Nevada is the latest battleground in a national political fightover
whether consumers and businesses should be able to choose
where they buy electricity.

4-Employers Eliminate Excuse for Not Voting

- Every so often, lawmakers propose making Election Day a federal


holiday in hopes of nudging more voters to the polls. This year, a
handful of employers are taking matters into their own hands and
declaring Nov. 8 a day off work.

20-10
1- Trump Wavers on Accepting Result
- Trump and Clinton clashed in their final debate, with the GOP
candidate, who has repeatedly said that the election process is
rigged , refusing to commit to respecting the results if his
Democratic rival wins.
-I will keep you in suspense, Republican says about conceding if
Clinton wins election
-Donald Trump refused Wednesday to commit to respecting the
results of the presidential election if his Democratic rival Hillary
Clinton wins, hinting at a challenge to one of the longtime
traditions of American democracy.

1-Campaign Narrows to a Few States


-Hillary and Trump faced a 19 day stretch in which the
increasingly bitter presidential race will be waged ( carry on (a war or
campaign)) in just a handful states.

2-Voters Views Make a Round Trip

- Public views of the two candidates are virtually unchanged


from January, polling found, with Clinton still holding a 10-point
lead.
- After all of this years election turmoil the noisy clashes
over Donald Trumps comments on immigrants and women,
Hillary Clintons controversies over email and the Clinton
Foundationpublic views of the two candidates
have wound up right where they were in January.

3-Saudi Bonds Draw Buyers as Kingdom Moves


from Oil

- Saudi Arabia launched a $17.5 billion bond sale, the largest

ever by a developing country, as it seeks to diversify its economy.


- Banks and investors flocked to buy Saudi Arabias first
global bonds, a milestone in the giant oil producers efforts to
diversify its economy and embrace global financial markets.

4-A Goldman Traders $100 Million Home Run

- One junk-bond trader at Goldman earned over $100 million in


trading profits for the firm earlier this year.
- One junk-bond trader at Goldman Sachs Group Inc. earned more
than $100 million in trading profits for the firm earlier this year,
an unusual gain at a time when new regulations have pushed Wall
Street to take fewer risks.

Business
1- Google TV Service Signs On CBS

(CBS is an American

commercial broadcast television network)

- Google reached a deal with CBS to carry the network on its


new web-TV service, which is likely to premiere in early 2017.
- Google Inc. reached an agreement with CBS Corp. to carry the
broadcast network on its soon-to-be-launched web-TV service,
people familiar with the matter said.

2-Truckers Say Faulty Records Harm Careers

-Extra layer of scrutiny faced by drivers in background checks is


industry lightning rod (a metal rod or wire fixed to an exposed part of a building or other

tall structure to divert lightning harmlessly into the ground.


a person or thing that attracts a lot of criticism, especially in order to divert attention from
more serious issues or to allow a more important public figure to appear blameless.)

-Commercial driver background checks have become a lightning


rod in the trucking industry, drawing ire from those who
say they have been wrongly barred from jobs due to
inaccuracies in these employment-history reports.

3-eBay Bids for New, Younger Shoppers

- EBay posted a 5.6% rise in quarterly revenue amid a push to


redefine itself and draw younger consumers.
- EBay Inc. wants people to think of it as a first stop for all online
shopping, not as an auction house of stuff from grandmas attic.

4-Troubles Deepen for South Korean Firm

- Lottes chairman and four family members at the South Korean


conglomerate were charged with tax evasion and
other crimes.
- SEOULProsecutors charged the chairman of Lotte Group and
four of his family members with tax evasion, embezzlement
aand illegal business deals worth hundreds of millions of
dollars, capping a corruption investigation that has plunged one
of South Koreas biggest businesses into crisis for months.

is a multinational conglomerate with headquarters in South Korea and Japan.


1-$35 Billion To Manage?
Do Nothing
-Nevada goes passive to beat peers; BLT or tuna
Steve Edmundson has no co- workers, rarely takes meetings and often eats
leftovers at his desk. With that dynamic work- day, the investment chief for the
Nevada Public Employees Re- tirement System is out-earning pension funds that
have hundreds on staff.
-His daily trading strategy: Do as little as possible, usually nothing.

21-10

1- Trump Stands By Remarks.

- Trump sought to explain his remark that he might not accept


election results, saying he was affirming the right of candidates to
question an outcome.
-Not So Nasty: Trump, Clinton Trade Friendly Barbs in
Election Ritual
OhioDonald Trump on Thursday sought to explain his debatestage suggestion the night before that he might not accept a loss
in Novembers presidential vote as legitimate, saying at a rally
here that he was simply affirming the ability of candidates to
question an election outcome.

2-Bank Costs Cited as Drag on Growth

-Heightened emphasis by banking regulators and lawenforcement officials on financial misconduct may be constraining
global growth, some officials warn.
- A heightened emphasis by banking regulators and lawenforcement officials on financial misconduct may be constraining
global growth, some officials warn.

financial misconduct and dishonesty includes but is not limited to: theft or other
misappropriation of assets, including assets of the college, our suppliers, or others with
whom we have a business relationship.

3-Flawed Theranos Tests Hurt Patients

-Some werent told for months that their results were dubious

- Sheri Ackert worried she might have a new tumor. Steve
Hammons stopped taking his blood-thinning medication. Kimberly
Toy emptied the pasta and sweets from her cup- boards and said:
I cant believe this happened.

4-Terrorists on Remote Control: Leader Guided


Recruits via Apps

- A French national in Islamic State territory used social media to


recruit people and direct terror attacks in Europe, officials say.
-IsIs Terror by Remote Control: Attackers were Guided Via
Apps
- PARISA predawn attack on a French policemans home, the
killing of a priest during Mass and a car bomb planted near Notre
Dame Cathedral in recent months were plots that appeared
isolated until investigators discovered a common thread.

Business

1- Microsoft Soars on Cloud Gains


- Microsoft saw strong gains in its cloud-computing business,
helping the firm beat expectations for both quarterly sales and
profit.
- Microsoft Corp.s cloud computing businesses kicked into high
gear as sales of the software giants Azure service more than
doubled.
-Microsoft Ascends Into the Cloud
The software giants cloud computing businesses kicked into high
gear as sales of its Azure service more than doubled. The
companys shares were primed to jump to a possible record high
Friday.

-Microsoft Azure /r/ is a cloud computing platform and infrastructure created


byMicrosoft for building, deploying, and managing applications and services through a
global network of Microsoft-managed data centers.

2-De Beers Dives Deep to Reap Diamonds

-Seabed off Namibia yields quality stones; a bright spot


amid commodities gloom
NamibiaA dozen miles off the southwestern edge of Africas
Atlantic coast, a 285-ton vacuum machine operating 400 feet
below sea level is sucking some of the worlds most valuable
diamonds from the ocean floor.

the De Beers Group of Companies has a leading role in the diamond exploration,
diamond mining, diamond retail,diamond trading and industrial diamond manufacturing
sectors. The company is currently active in open-pit, large-scale alluvial, coastal and
deep sea mining.[2] The company operates in 28 countries and mining takes place
in Botswana,Namibia, South Africa and Canada

3-Verizons Subscriber Growth Plummets

- Verizon reported that revenue and subscriber growth slid, and


said it is assessing whether it will need to renegotiate its Yahoo
deal.
Verizon Communications Inc. on Thursday reported declining
revenue and plunging subscriber growth, and said it is assessing
whether it will need to renegotiate its acquisition of Yahoo Inc.
after a major data breach.

4-Newspaper Ad Woes Accelerate

- Newspapers are suffering an accelerating drop in print


advertising, a market that already was under stress, forcing some
publishers to consider significant cost cuts and dramatic changes
to their print and digital products.

22-10

1-AT&T Circles Time Warner


- AT&T is nearing an agreement to buy Time Warner, a deal that would set a
milestone in the converging media and telecommunications sectors.
-AT&T Inc. is nearing an agreement to buy Time Warner Inc., a deal that would
set a milestone in the converging media and telecommunications sectors, and
unleash a far-reaching reordering of the industry as rivals are spurred to attempt
their own deals.
-AT&T and Time Warner are in advanced talks to combine after decades of
consolidation and deals in the telecommunication and media industries.

2-Trumps Posts Fuel Discord in Facebook Ranks

-Debate over whether content should be removed as hate speech reached CEO
-Some of Trumps Face- book posts set off a debate within the firm about
whether they should be removed. CEO Zuckerberg ruled it would be inappropriate
to censor the candidate.
- Some of Republican presidential candidate Donald Trumps posts on Facebook
have set off an intense debate inside the social media company over the past year,
with some employees arguing certain posts about banning Muslims from entering
the U.S. should be removed for violating the sites rules on hate speech, according
to people familiar with the matter.

3-Cyberattacks Knock Out Top Websites

- Attackers controlling a vast collection of internet devices


unleashed attacks Friday that left dozens of popular websites
unreachable for parts of the day.

- Attackers controlling a vast collection of internet devices


unleashed several massive attacks on Friday that left dozens of
popular websites, including Twitter Inc. and Netflix Inc.,
unreachable for parts of the day.

4-Dutertes Break with U.S. Taps Old Resentments

Philippine president, driven by grievances , threatens to undo


a vital American alliance in Asia
- In an effort to clear tension with Barack Obama, Philippine
President Rodrigo Duterte approached him during a dinner at a
regional summit in Laos last month, two days after he had openly
criticized the U.S. president.

Business

1- BAT Makes $47 Billion Bid


-BAT offered $47 billion to take full control of Reynolds
American, a move that would create the worlds largest listed
tobacco firm by revenue and market value.
-British tobacco giant offers to buy rest of Reynolds American it
doesnt already own(British American Tobacco plc is a British multinational tobacco company
headquartered in London)

-British American Tobacco PLC made a $47 billion offer to take


full control of Reynolds American Inc.a move that would
create the worlds largest listed tobacco company by revenue and
market value,
while highlighting the value the U.S. holds for a shrinking global
tobacco industry.

2-SpaceX Probe Focuses on Fuel

-Investigators believe issues linked to fueling likely caused last


months SpaceX rocket explosion.
- Investigators believe operational issues linked to fueling
procedures, rather than a manufacturing flaw, likely caused a
Space Exploration Technologies Corp. rocket to explode during
ground tests last month, according to people familiar with the
details.

3-High-Speed Trading Meets Its Match: Rain

- Rainy days can slow down the fastest traders. That may be a
good thing.
-A debate has raged about whether high-frequency trading helps
or hinders markets. One side argues the massive number of
transactions lowers costs by narrowing the spreads between bids
and offers. Critics counter that spreads widen since slower traders
need insurance against getting caught flat-footed.

4-Why Stock Pickers Are Keeping the Faith

- Richard Perrys success as a hedge-fund manager enabled him to


become one of the worlds top art collectors, buying works by Jeff
Koons and Roy Lichtenstein.
Richard Perry is an American record producer.

5-The Man Who Has Beaten the Market

- Even in the era of index funds, humans have fundamental


investing advantages
that no machine will ever replace. So says Will Danoff, manager of
Fidelity Investments $108 billion Contrafund, the biggest
actively managed stock or bond mutual fund run by one person.

- Will Danoff manages Fidelitys $108 billion Contrafund. In notebooks, such as the
one above, Mr. Danoff has logged tickers and other details about every company he
has met with over the past quarter-century.
- Fidelity Investments is an American multinational financial services corporation.
It is the fourth largest mutual fund and financial services group in the world.

- In this respect, a contra fund is a diversified equity fund. It parts company with
other diversified equity funds in the types of stocks it chooses to invest in. As the
name suggests, it follows a contrarian view to investing.

24-10
1-Clinton Ally Aided FBI Wife (short for political action committee.
"over 80% of the financial support of 9 House members came from PACs")

-The PAC of Virginias Democratic governor donated $467,500 to


the campaign of the wife of an FBI official who later helped probe
Clintons email use.
-Virginia governors PAC donated nearly $500,000 to an FBI
spouses campaign.
-The political organization of Virginia Gov. Terry McAuliffe, an
influential Democrat with longstanding ties to Bill and Hillary
Clinton, gave nearly $500,000 to the election campaign of the
wife of an official at the Federal Bureau of Investigation who later
helped over- see the investigation into Mrs. Clintons email use.

2-AT&T Faces Political Barrage

-AT&Ts deal to buy Time Warner for $85.4 billion faces possible
opposition from U.S. antitrust authorities and objections from
lawmakers and rivals.
-AT&T Inc.s blockbuster (a book or movie that is very successful) $85.4 billion deal to
buy Time Warner Inc. promises to re- shape the media landscape
if the companies can navigate a series of obstacles, including
possible opposition from U.S. antitrust authorities and objections
by lawmakers and media and telecom rivals.

3-Venezuela: Hunger and Riots, but Top


Bonds
-Venezuela is plagued by widespread hunger, skyrocketing
infant mortality and 500% inflation. Yet
its sovereign bonds are the best performers in
emerging markets this year, delivering investors a return of 46%
through Friday.

4-Samsung Recalls Fatal Flaw


-A rushed conclusion, based on incomplete evidence, later forced
the company to kill Galaxy Note 7
-The X-ray and CT scans showed a pronounced bulge. ( )
-After reports of Galaxy Note 7 smartphones catching fire spread
in early September, Samsung Electronics Co. executives debated

how to respond. Some were skeptical the incidents amounted to


much, according to people familiar with the meetings, but others
thought the company needed to act decisively.
5-Icelands No. 1 Dating Rule: Make Sure Youre Not Cousins

Business
1- AT&T Deal Came Together Swiftly (the making of
the at&t deal)

- Two months ago, AT&T Inc. Chief Executive Randall Stephenson


stopped by Time Warner Inc. Chief Executive Jeff Bewkess offices
in New York for a lunch of salmon, while musing about the
increasing convergence of the media and telecommunications
industries.

2-Rockwell Aims to Bulk Up

- Rockwell Collins agreed to buy B/E in a $6.4 billion deal that


would unite two of the biggest suppliers in the aerospace industry.
-Rockwell Collins Inc. agreed to pay $6.4 billion to buy B/E
Aerospace Inc. in a deal that would unite two of the biggest
suppliers to airlines and plane makers.

Rockwell Collins, Inc. is an American multinational company headquartered in Cedar


Rapids, Iowa providing avionics and information technology systems and services to
governmental agencies and aircraft manufacturers.
B/E Aerospace, Inc. is an S&P 400 and NASDAQ listed manufacturer of aircraft
passenger cabin interior products for the commercial and business jet aircraft markets.

3- Irish Whiskey Renaissance Barrels Ahead


-Rising demand, particularly in the U.S., has turned Irish whiskey
into worlds fastest-growing major spirit.
-DUBLINAt the first new Irish whiskey distillery to open in
this city in more than 125 years, visitors recently gathered around
the copper pot a stills founder Jack Teeling has named after
his three daughtersAlison, Natalie and Rebeccato learn about
the distillation process.
Teeling Whiskey is an independent Irish whiskey company dedicated to bringing
choice and breadth back to the Irish whiskey category.

4-Limiting Screen Time Can Benefit Your Children

- A funny thing happened when I banned tablets in my house on


week-

days and curtailed their use on weekends. My children, ages


6 and 4, became
less cantankerous. They also became happier, more
responsive and engaged in more imaginative play. They
rediscovered their toys. Outside the home, they became less
demanding and better at self-regulating.

25-10
1-France Starts Clearing Camp That Symbolized Migrant
Crisis
UPROOTED: Nearly 2,000 people were transported from the Calais
migrant camp to other parts of the country on Monday

1-AT&T Faces Tough Climate


-AT&Ts deal for Time Warner faces the prospect of opposition
amid resurgent antitrust enforcement and a fraught political
climate
-AT&T Inc.s $85.4 billion deal to buy Time Warner Inc. sails
toward two cresting (reach the top of) waves of opposition: resurgent
antitrust enforcement in Washington and politicians fired by a new
bipartisan populist rage.

2-Brokers to Merge as Price War Rages


-TD Ameritrade is buying rival discount brokerage Scottrade for
$4 billion amid a decline in stock trading and a relentless price
war in commissions.
-One of the nations biggest discount brokerages is buying a
smaller rival as a decline in stock trading and a relentless price
war in commissions push stock sellers to seek new ways to make
money.

3-Pasive Funds Embrace Their New Power


-Managers who track indexes often cast deciding shareholder
votes
-Investor Jeffrey Osher and his advisers arrived at the May annual
meeting of Green Dot Corp., a prepaid-card company, thinking
they had enough votes to remove its chief executive from the
board.

4-Fed Weighs Signal for December Rise (Feds Task


Next Week: Signal December Rise)

-The Fed is likely to leave rates unchanged at its November


policy meeting and remain focused on raising them in December.
-Federal Reserve officials, wary of raising short-term interest rates
amid the uncertainty surrounding the U.S. presidential election,
are likely to stand pat at their November policy meeting and
remain focused on lifting them in December.
1-Passengers to Airlines: Enough With the Wacky Safety Videos
Studies say dancers and goats might not help fliers remember
instructions

Business

1- Awaiting the Next Big Thing ( tech investors


grapple with here to bet)
- Venture capitalists are always chasing the next big thing. Of late,
they are struggling to figure out what that might be.

Nearly a decade has passed since the smartphone sparked a startup gold rush. Silicon
Valley investors have yet to identify the next product that will spawn a similar wave of
tech companies and lucrative returns.
Venture capitalists are spreading their bets across technologies where the path to
profits is unclear, including self-driving cars, drones, artificial intelligence, virtual reality
even food.

2-Shares of AT&T, Time Warner Drop on Pact (drop


on deal)
- Shares of AT&T and Time Warner declined, as the deal was
met with skepticism on Wall Street. B1
- T&T Inc.s $85.4 billion agreement to buy Time Warner Inc. was
met with skepticism on Wall Street.

-Shares of Time Warner fell 3.1% to $86.74 on Monday trading about 19% below the
deal value. AT&Ts shares declined 1.7% to $36.86.

3-Retailers Race to Hire for Holidays

- Retailers are scrambling to hire holiday workers despite an


unusually early start on recruiting this year.
-Search for temporary workers started in August, a sign of tight
labor market

- Retailers are scrambling to hire holiday-season workers despite


an unusually early start on recruiting this year, creating a collision
among employers for temporary help in a tight labor market.
1-Holiday Hiring Feels the Squeeze
In a sign of the tight job market, retailers are scrambling to find
holiday-season workers. Many started recruiting in August. B1
Number of job postings for seasonal work per one million overall
postings tracked by job search site Indeed.com

4-China Disrupts Crowns VIP Push

- The Mahogany Room at the Crown Melbourne resort exudes


discreet luxury for gamblers able to bet thousands of dollars
a hand. Big players can indulge in high-stakes baccarat and
blackjack without the distracting clatter of gaming machines or
the sight of tourists schlepping shopping bags.

- Many of these big players come from Chinaand their money flows far beyond the
gaming tables at Crown Melbourne, Australias largest casino resort. Luxury
retailers, tour operators and real-estate agents say they count on Chinese
customers for a significant slice of their business.

5NetflixandMicrosoftatWSJDLive

Netflix CEO Reed Hastings, top, said Monday night he would support AT&Ts
purchase of Time Warner as long as HBOs bits and Netflixs bits are treated
the same. He spoke at The Wall Street Journals WSJDLive global technology
conference in Laguna Beach, Calif. Taking the stage soon after, Microsoft CEO
Satya Nadella said he is driving his company to evolve during a time of swift
technological change: We want to push to be more of a learn-it-all culture
than a know-it-all culture. Follow live updates, including interviews Tuesday
with AT&Ts Randall Stephenson and Time Warners Jeff Bewkes, at
WSJ.com/WSJDLive.
Hanjin Sails Out of Europe
South Koreas biggest shipping company will close its European operations,
signaling it may be heading toward liquidation.
Dashboard Screens Frustrate Buyers
Infotainment systems that fail to seamlessly connect smartphones and
exhibit other glitches challenge car makers.

26-10
1-Apple Sags

but Pins Hope on iPhone

-Apple posted its first annual revenue decline in 15 years, but


projected a return to growth behind strong iPhone 7 sales.
-Apple Inc. posted its first annual revenue decline in 15 years, but
projected a return to growth in the current quarter behind strong
sales of its new iPhone 7.

2-Candidates Wage Late Battle in Florida


- Trump and Clinton campaigned in Florida as the battle for the
White House and Congress focused on that battleground state.
-The struggle for the White House and the Capitol( the seat of the US
Congress in Washington, DC.) took center stage this week in one familiar
battlegroundFloridaas Donald Trump and Hillary Clinton swept
across the state.

3-Aleppo, City of Graves

-Residents struggle to survive bombardment and blockade by


Syrian regime
-When the bodies of 16 members of the Qasim family were pulled
from the rubble of their home last month, there was no space left
in one of Aleppos largest cemeteries to bury them.

4-Technology Shares Pep Up IPO Market


- New tech shares are helping to boost the IPO market, with
their average first-day gain this year the highest since 2000.
-Signs are mounting that the moribund IPO market is gaining
some momentum.
-Investors have shown intense interest in new shares that have
come to market in the past month, especially technology issues.
The average first-day pop for the eight U.S.-listed tech initial
public offerings since mid-September
is 50%, according to Dealogic.

5-Going Long With a 70-Year Bond


In the latest example of the impact of central banks easy-money
policies, Austria on Tuesday issued a 70-year bondthe longestdated publicly issued government bond in the eurozone.

6-If Monsanto Loses Its Name, What Will


Opponents Oppose?
-Bayers $57 billion offer means GMO foes must
rethink their insults; two devils

-Bayer is offering $57 billion for Monsanto, and that means Billy
Talen has some fiery new songs to write.( Monsanto Company is a publicly traded
American multinational agrochemical and agricultural biotechnology corporation)( Bayer AG is a German multinational
chemical and pharmaceutical company founded in Barmen)

Business

1- AT&T: Deal Wont Prompt Price Rises


-AT&T argued that the Time Warner deal wont raise prices,
pointing to a planned $35-a-month cost for its new DirecTV Now
service.
- AT&T Inc. will charge $35 a month for its internet-delivered
television service DirecTV Now when it launches next month,
Chief Executive Randall Stephenson said, pointing to it as an
example of how prices wont rise as a result of its $85.4 billion
acquisition of Time Warner Inc.

2-Deal Making Preserves Coors Dynasty

-Beer megamerger paves way for family-run brewer to buy rest of


U.S. venture for $12 billion
-Few beer-industry insiders expected the Coors family to be the
last American brewing dynasty left in the business after
consolidation reduced the industry to a handful of big players.

3-GM, Fiat Get Profit Boost from Truck Sales


- GMs earnings doubled and Fiat Chrysler swung to a
profit, but GM shares fell 4% on worries about a flattening in
overall U.S. demand. B1
-Investor concerns about slowing U.S. light-vehicle sales, margin
pressures in North America and the fallout from Brexit
overshadowed solid profit growth from two of the biggest
American auto makers on Tuesday.

4-German Investment Lags at Home

- FRANKFURTGerman companies are sitting on a half-trillion


dollars of cash but are reluctant to invest it in their own
country, potentially blunting the countrys competitive edge
and European economic growth.

Caterpillar Bears Heavy Load

Equipment maker expects tough year as it copes with fallout from the
commodities bust and prepares for leadership change.
BOSS TALK | B8
Yum Arrives At Pivotal Time
CEO Greg Creed sees once in a lifetime opportunity to rethink business
model as spinoff of massive China business looms.
FOOD | B6
Chipotle Struggles For Customers
Same-store sales for the burrito chainstill recovering nearly a year after an
E.coli outbreakfall a worse-than-expected 21.9%.

27-10
1-Clinton Emails Tie Charity to Fees for Speeches

- Two chief fundraisers for the Clinton Foundation pressed


corporate donors to steer business opportunities to Bill Clinton as
well, according to a hacked memo.
-Two chief fundraisers for the Clinton Foundation pressed
corporate donors to steer business opportunities to former
President Bill Clinton as well, according to a hacked memo
published Wednesday by WikiLeaks.

2-Populist Waves Flood GOP

-Donald Trump seized on Republican Partys failure, over


decades, to absorb new supporters.
- When Donald Trump rode down an escalator at Trump
Tower to launch his presidential campaign in June 2015, he began
galvanizing a populist version of the Republican Party.

3-Oil Bonanzas Are Elusive in Age of


Cautious Drilling

-Energy firms will likely show continued pressure on exploration


budgets when they post earnings over the coming week, analysts
say.
-In June, oil giant BP PLC (British Petroleum, is a British multinational oil and gas company
headquartered in London) announced what it deemed an important new
discovery in Egypt.

4-Cities, States Retrench on Construction


Spending

- sharp pullback in infrastructure spending by cities and states is


weighing on U.S. economic growth.

-A sharp pullback in spending by cities and states on


infrastructurefrom highways to sewage systems
to police stationsis weighing on U.S. economic growth.

Business

1- Samsung Recall Takes Toll


- Samsung said its net profit fell 16.8% in the third quarter amid
a disastrous recall of its premium Galaxy Note 7 smartphone.
-Mobile divisions profit plunges 96% after the discontinuation of
Galaxy Note 7 phone
-Samsung Electronics Co. said its net profit fell 16.8% to 4.54
trillion Korean won ($4.0 billion) in the third quarter, as a
disastrous recall of its premium Galaxy Note 7 smartphone
caused the companys mobile division to report its smallest
quarterly profit since it launched its first Galaxy series phone
more than six years ago.

2-Detroit Keeps Pedal to Metal with Pickups

- Detroit auto makers plan to invest heavily on picks up and


SUVs despite fears the U.S market has peaked.
- Detroits truck wars are heating up with auto makers pledging

billions of dollars for pickup truck and sport-utility vehicle


production over the next three years despite fears that the U.S.
auto market is peaking.

3-Salesforces CEO at WSJDLive


-Salesforce.com Inc. Chief Executive Marc Benioff said rival
Microsoft Corp.s $26.2 billion acquisition of LinkedIn Inc. should
face additional scrutiny by regulators because of its size. When
youre the largest software company in the world, when youre
Microsoft, you need to be treated differently, Mr. Benioff said
Wednesday at the WSJDLive conference in Laguna Beach, Calif.

4-Tesla Posts Surprise Profit of $22 Million(Tesla


generates a profit)

-Tesla Motors posted a surprise $22 million profit, buoyed


by record sales of its pricey electric cars.
-Electric car makers deliveries more than double a head
of vote on SolarCity merger.
-Tesla Motors Inc. posted a surprise $22 million profit in its latest
period, buoyed by record sales of its pricey electric cars and
boosting Chief Executive Elon Musks plan to sharply lift output
ahead of its release of a sedan to compete against massmarket rivals.
- SolarCity Corporation is an American provider of energy services
- Tesla Motors is an American automaker and energy storage
company

5-Foxs Megyn Kelly in Contract Talks


-Fox Newss Megyn Kelly is said to be seeking an average annual
salary north of $20 million for her next contract.
- The Kelly File host is seeking a salary north of $20 million;
keeping her is a priority for the network
-Fox News star Megyn Kelly has changed agents and publicity
teams since last year. Now the question is if she will change TV
networks.

6- Campaign Rancor Spills into the Workplace


- Bosses struggle to keep employees civil and productive as
presidential race exposes political rift.
-there was no mincing words you either let her go, or I go, a
senior executive at FrescoData told the company human
resources manager this month.

7-U.S. probes Chinese aluminum imports.


- companies linked to a Chinese billionaire are being probed to
see if they illegally avoided U.S import tariffs on Chinese
aluminum.
-Federal investigators have launched a probe into whether U.S
companies linked to a Chinese billionaire illegally avoided punitive
import tariffs on Chinese aluminum, according to people familiar
with the investigation.

28-10
1- GE Pursues Major Deal in Oil Patch

-GE is in talks to merge its oil-and-gas business with Baker


Hughes, a deal that would dramatically re- shape the industrial
giant.
-General Electric Co. is in talks to merge its oil-and-gas business
with Baker Hughes Inc., according to people familiar with the
matter, a transaction that would dramatically reshape the
industrial giant.

- General Electric is an American multinational- Baker Hughes is an American industrial service


company, it is one of the world's largest oil field services companies

2-Mergers Hit Record as Election Looms

-October is the busiest month for deals as Qualcomm reaches agreement with NXP
-The eve of a presidential election is typically a time when companies put merger plans on hold
and wait for clarity on crucial matters like antitrust policy. Not this year.
- less than two weeks before voters head to the polls, U.S. companies have unleashed a wave of deals that has
made this month the busiest ever

3-Ryan Faces Precarious Path to Remain House Speaker

-House Speaker Ryan is likely to remain in the top job next year, but his path to get there will
be narrow and precarious.
-House Speaker Paul Ryan, under fire from conservatives for rebuffing Republican
presidential nominee Donald Trump, is likely to remain in the top job next year, but his path to
get there will be narrow and precarious.

4-Chinas Xi Cements Role at Core of Leadership

-Chinas President Xi emerged from a Communist Party conclave with a new leadership title,
cementing his pre-eminent status
-Chinese President Xi Jinping emerged from a top- level Communist Party conclave
with a new leadership title, signifying his unrivaled authority as he prepares to extend
his dominance for years to come.

5-The NO. 1 Filer of Patent Suits

Shipping & Transit demands license fees from firms, saying it invented shipping notifications
-Like almost every online retailer, Spice Jungle LLC emails tracking numbers to customers when
they place orders. Thats why the small firm was dumbfounded when it received a demand to pay
$25,000 for the right to do so.

XXXXGaining Altitude

Bond yields around the globe have bounced off this years lows as inflation has
turned higher. The yield on the 10-year U.S. Treasury note rose to the highest in four
months Thursday.

Business
1- Amazon Takes Hit as Costs Surge

- Amazons costs soared as the firm opened new


warehouses and sped up shipping, resulting in its lowest quarterly
profit in a year.
-Results disappoint as retail giant invests heavily on warehouses,
trimming
delivery times
-Amazon.com Inc. posted its lowest quarterly profit in a year as it
invested heavily to meet consumer demand for more orders
delivered faster.

2-Ads Boost Alphabet, Fueled by Phone Use

-G oogle parent Alphabet said profit surged 27% as advertisers


spent more to reach smartphone users.
-Investors once feared that the rise of mobile devices would
cripple Google. Instead, smartphones are giving the search
giant second life.

3-Qualcomm Makes $39 Billion Bet on Car Tech

- Qualcomm agreed to pay $39 billion for automotive chip maker


NXP, a record for a semiconductor deal.
- Qualcomm Inc.s agreement to pay $39 billion for the worlds
largest developer of chips for automobiles represents a huge bet
on cars becoming the next smartphonea way to roll together
communications and services once handled by dozens of other
devices.

- Qualcomm Inc. is an American multinational semiconductor and telecommunications equipment company that
designs and markets wireless telecommunications products and services.

- NXP Semiconductors N.V. is a Dutch global semiconductor manufacturer


headquartered in Eindhoven, Netherlands

4-CenturyLink, Level 3 In Talks to Combine

- CenturyLink is in talks to merge with Level 3, a deal that would


give the business-telecom firms greater heft.
- CenturyLink Inc. is in advanced talks to merge with Level 3
Communications Inc., a deal that would give the businesstelecommunications companies greater heft in a brutally
competitive industry.

-centuryLink, Inc. is an American worldwide communications company headquartered in Monroe, Louisiana.


- Level 3 Communications is an American multinational telecommunications and Internet service provider company
headquartered in Broomfield, Colorado.

5-Pollsters Forced to Rethink Methods


- Each day, millions of calls are placed to phone numbers that
have been disconnected or are no longer in service. Everyone
misdialsmen and women, rich and poor, blacks and whites.

6-Apple Upgrades MacBook Pro


-Apple refreshed its MacBook Pro laptops on Thursday, introducing
three new models including high-end versions of its 13- inch and
15-inch systems that come with a Touch Bar screen. The company
also unveiled a TV app for Apple TV, iPhone and iPad.

29-10
1- FBI Reopens Clinton Email Probe

-The discovery of new emails related to a closed probe of


Clintons email arrangement at the State Department became the
latest surprise to hit the presidential campaign.
- The discovery of new emails related to a closed investigation of
Democratic candidate Hillary Clintons email arrangement at the
State Department became the latest surprise to hit this
unpredictable presidential campaign on Friday.

2-In Shift, Exxon Signals Energy Reserves at Risk


- Exxon Mobil warned that it may have to cut nearly 20% of

its oil andgas reserves, and possibly write down some assets.
- Exxon Mobil Corp. warned that it may have to cut nearly 20% of
its oil and gas reserves, and possibly write down some assets,
capitulating to the slump in global energy prices after
years of keeping the value of its massive holdings steady.

3-Drug-makers, Middlemen Hit by Pricing Backlash


- The drug industry is showing signs it is slowing the pace of
price increases after years of hefty hikes , alarming
shareholders.
- The drug industry is showing signs it is slowing the pace of price
increases after years of hefty hikes, alarming share- holders
worried that pressure from politicians, consumers and employers
will continue to stifle pricing power.
XXX-A Growth Spurt for U.S. Economy

Gross domestic product rose at a 2.9% rate in the third quarter, the fastest
pace in two years, after three quarters of sub-2% growth.

4-Baylor Details Horrifying Assaults

- Baylor regents offered detailed findings from an inquiry


that showed some football players allegedly participated in a
series of sexual assaults over several years.
- The sexual-violence scandal at Baylor University that cost its
celebrated football coach his job involved 17 women who
reported sexual or domestic assaults involving 19 players,
including four alleged gang rapes, since 2011, according to Baylor
regents.
pppp5-A Quiet Moment in Wartime
REMOVED: ISIS is forcibly moving tens of thousands of people
from villages into Mosul to use as human shields in the city and is
executing any who refuse, the United Nations said Friday. Left, an
Iraqi soldier gives juice to a child in one village south of Mosul.

Candy Corn

Business
1- Inflation Worries Dominate
- Investors are scooping up financial assets that often gain
ground when consumer prices are expected to rise.
-Demand surges for a swath of assets that gain ground
when consumer prices rise
-The inflation trade is back on Wall Street.
-With signs of rising prices around the globe, investors who for
long craved inflation finally seem close to getting some, and they
are preparing.

2-Shipping Costs Sting Amazon

- Amazon.com Inc.s shipping costs are likely to spiral higher in


the fourth quarter because of the combination of more expensive
fast shipping and greater holiday-related volumes.

pppp3-Move Over, Ride-Sharing. Bikes Make a Comeback


in Beijing.
- As 5.6 million cars snarl traffic in Beijing, two bike-sharing
startups, Ofo Bicycle and Beijing Mobike Technology, are trying to
capitalize on a return to a simpler form of transport in China. Their
combined fleet has surpassed 100,000 in the past year.

4-Energy Slump Hits Oil Majors Results

- Quarterly profits have fallen sharply at some of the worlds


biggest oil firms.
- Third-quarter earnings fell well below year-earlier levels at some
of the worlds biggest oil companies, further evidence their
businesses face a long road to financial recovery with crude
trading around $50 a barrel.

5-Is Your Mutual Fund Hiding in the Closet?

-For fund managers, the days of If you cant beat em, join em
might be coming to an end.

- For years, many fund managers done much managing at all. Rather than
painstakingly pick what they believe are the best stocks and avoid those
they think are the worst, they shadow the market index against which their
performance is evaluated. Here and there, they buy a bit more of this stock
and a little less of that one, in what is known as closet indexing.

- Closet indexing, also known as index hugging, refers to the practice of fund
managers claiming to manage portfolios actively when in reality the fund stays
close to a benchmark.

31-10
1-FBI, Justice Feud in Clinton Probe (FBI in
internal feud over emails)
- The FBI disclosure that it is taking a new look at Clinton emails
ahead of the election reveals tensions inside the bureau and
Justice Department over the probe.
-The surprise disclosure that agents from the Federal Bureau of
Investigation are taking a new look at Hillary Clintons email use
lays bare, just days before the election, tensions inside the bureau
and the Justice Department over how to investigate the
Democratic presidential nominee.

2-Democrats Fire at FBI Director Over Email


Move(Clinton team questions FBI directors
motive)

- Clintons team worked to play down the news and questioned


the credibility of FBI chief Comey, as Trump aimed to capitalize.
- Hillary Clintons team worked Sunday to play down the news
that an investigation of her email practices had been reactivated
and sought to undermine the credibility of James Comey, the

Federal Bureau of Investigation director who disclosed the move


last week.

3-GE, Baker Hughes Near $30 Billion Deal

-GE is nearing a $30 billion deal to combine its oil-and-gas


business with Baker Hughes, creating an energy powerhouse with
publicly traded shares and controlled by GE.
-General Electric Co. is nearing a roughly $30 billion deal to
combine its oil-and-gas business with Baker Hughes Inc.,
creating an energy power- house that would give GE a costeffective way to play any recovery in the industry.

4-Beijing, Vatican Weigh Pact On Bishops

- Beijing and the Vatican reached a compromise on who selects


Catholic bishops for China, a possible step toward ending a long
rift.
-VATICAN CITYNegotiators for the Vatican and Beijing reached a
compromise on who selects Catholic bishops in China, said
people familiar with the matter, potentially marking a major step
toward ending six decades of estrangement. .

5-Inflation, long quiescent, is stirring


-Inflation showing signs of stirring, though is remains below the
fed target. Core inflation reached a two year high of 1.7 % last
quarter and wages were up 2.4%.
-after being given up for dead, inflation is gradually coming back
to life.
- itss not roaring back. Indeed, its still below the 2% level the
federal reserve targets, one reason the federal is almost certain
to leave interest rates unchanged when it meets this week.

Business
1- American Jet Fire Stirs GE Engine Probe

- An engine disc broke apart as a jetliner took off in Chicago,


sparking a fire and touching off a probe into certain GE engines.
-A disc breaks apart, lighting flame at OHare and leading to
inquiry; 21 people are treated
- 19-year-old disc violently broke apart inside the engine of an
American Airlines Group Inc. jetliner taking off from Chicagos
OHare International Airport on Friday, sparking a fire and
touching off a wide-ranging probe into certain General Electric Co.
engines, according to investigators and others familiar with
the matter.

2-Patients Find Way to Cut Drug Costs

- Many combination drugs consist of generics that can be


purchased at a fraction of the cost, price data show.
-The active ingredients of many high-priced drugs are generic
medicines that can be purchased for a fraction of the cost,
according to data compiled for The Wall Street Journal, and
increasingly many patients are buying the ingredients separately
at much cheaper prices.

3-Where Oil Is Booming: West Texas

-property prices surge in the oil-producing Permian Basin region;


veterans fear a bust
- Wall Street investors have fallen in love with properties in the
Permian Basin, and that is making some West Texas oilmen
nervous.

4-AT&Ts Stephenson Is Unlikely Media Mogul

-The Unlikely Media Mogul


AT&T Chief Executive Randall Stephenson surprised with his $85
billion deal to buy Time Warner. Now comes the hard part..
- When AT&T Inc. Chief Executive Randall Stephenson addressed
hundreds of employees last month, he surprised them with his
topic: a nuanced discussion of the Black Lives
Matter movement and racial justice in America.

- A media proprietor or media mogul refers to a successful entrepreneur or


businessperson who controls, through personal ownership or via a dominant
position in any media related company or enterprise, media consumed by a large
number of individuals.

5-America Isnt Ready for a Cyberattack

-The recent cyberattack that rendered more than 1,200 websites


unreachable was a warning. Experts say a similar, or larger,
attack could be launched tomorrow, and wed be powerless to
prevent it.

6- online sales of fake CDs challenge music sector


-online retailers are being flooded withcounterfeit CDs, in the
latest challenge to the music industry.
-Eveninthedigitalerathereareplentyofmusicfanswhostillbuyoldfashioned
compactdiscsformorethan$10apop.Butthemoneythatshoppershavebeen

spendingonCDslatelyhasntnecessarilybeengoingtotheartistsandrecord
labelswhocreatedthemusic
Inthelatestchallengeforthebatteredmusicindustry,piratesarefloodingAmazon.comInc.andotheronline
retailerswithcounterfeitCDsthatoftencostnearlyasmuchastheofficialversionsandincreasinglyare
difficulttodistinguishfromtherealgoods.
OnemajorrecordcompanysaidthatinsomeEuropeanmarketsitsdirecttoconsumerCDsaleswereflat,
whileitsAmazonaccountsalesweredown17%ormorethisyearduetocounterfeits.

7- pricey pills mask cheap ingredients


-Kendall Jack was dismayed when her health plan stopped
covering her migraine drug Treximet earlier this year. To buy a
pack at the pharmacy would cost $750, compared with a $20
copay when the drug was covered.
Instead,the50yearoldstayathomemotherfromMemphis,Tenn.,takesTreximetstwoactive
ingredientssumatriptanandnaproxenasseparatepills.Forthesetwogenericdrugs,hercopayiszero.
Treximetisjustoneofmanydrugswhoseactiveingredientsaregenericdrugsthatcanbepurchased
separatelyatafractionofthecost.

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