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Market rigging banking scandal

Editor's note: Reuters has withdrawn a report saying that the European Commission was planning to fine JPMorgan, UBS and Credit Suisse for rigging Libor interest rates. The commission says only one of those banks is being fined in the Libor case. We have corrected our update. - Aaron

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Market rigging banking scandal

Correction: European Commission says only 1 of 3 banks previously reported is being fined in Libor rigging case, other 2 fined in separate cartel case - @ReutersBiz

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Italy

Italy's financial police say 2 Rome businessmen led a fraud ring that they believe defrauded the state out of $2.2 billion in taxes - @AFP

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real estate

US existing home sales up 2.4% in September to fastest rate this year; still lags 2013 pace - @AP

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markets

US stocks open higher; Dow rises 60 points and Nasdaq up 1% - @CNNMoney

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Market rigging banking scandal

European Commission fines JPMorgan, UBS and Credit Suisse a total of $120 million for taking part in cartels in financial sector - @ReutersBiz

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Apple Inc.

Apple shares extend gains, rise 3.2% in premarket trading - @MarketsTicker

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cybersecurity

Staples is investigating a potential breach of customer credit card data, company spokesman says - @BloombergNews

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earnings

McDonald's 3rd-quarter earnings beat expectations, but global sales fell 3.3%, worse than expected - @businessinsider

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tech

Augmented reality startup Magic Leap raises $542 million from funding round led by Google - @ReutersTech

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earnings

Verizon reports 3rd-quarter profit of $3.79 billion, compared with $5.6 billion a year earlier - @ReutersBiz

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Coca-Cola

Coca-Cola posts earnings of $0.48 a share excluding items, shares down 4% premarket - @businessinsider, @CNBC

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earnings

Lockheed Martin reports forecast-beating 1.7% rise in 3rd-quarter profit, raises 2014 earnings outlook - @WSJ

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Eurozone financial crisis

Report: European Central Bank considering buying corporate bonds, sources say - @Reuters

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ASOS

ASOS annual profit falls 14% to £46.9 million pounds ($75.9 million) on strong pound - @Reuters

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California, US

California-based trade group for adult film industry lifts a moratorium on production spurred by feared HIV exposure on out-of-state film set - @AP

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Chicago, IL, US

Nurses at the University of Illinois Hospital reach tentative deal on 3-year labor contract and avert strike - @ChicagoTribune

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Oil giant Total's CEO killed in air crash

Oil giant Total on death of CEO Christophe de Margerie: 'The thoughts of the management and employees of the Group go out to Christophe de Margerie's wife, children and loved ones as well as to the families of the 4 other victims' - statement

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China

China's economic growth down to 7.3% last quarter, lowest level in more than 5 years - @AP

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Oil giant Total's CEO killed in air crash

5 people dead in Moscow plane crash that killed French CEO of oil giant Total, company says - @Reuters

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