Glencore Cutbacks Shift to Zinc

The commodities trader said it would cut global zinc production by a third after prices of the industrial metal collapsed.

Alcoa Profit Falls on Aluminum-Price Slide

Alcoa reported sharply lower third-quarter profit due to lower aluminum prices and unfavorable currency impacts.

Six Credit Suisse Financial Advisers Leave Ahead of Overhaul

Two groups of financial advisers managing about $4.5 billion in total recently left Credit Suisse AG ahead of a strategic overhaul that will be announced later this month.

UAW Touts Wage Gains in Chrysler Contract

The United Auto Workers union will use the promise of higher wages for entry-level workers and more clarity on future vehicle production to rally skeptical rank-and-file members to support a contract with Fiat Chrysler.

Apple Pay to Hit Starbucks Stores This Year

Starbucks will begin accepting Apple Pay in some U.S. stores this year, and will roll out the payment service to all company-owned U.S. locations by the end of 2016.

Gap Reports Downbeat Profit Guidance, Drop in Sept. Sales

Gap said total sales in September fell 1%, hurt by the stronger dollar and weakness at Banana Republic, and gave downbeat profit guidance.

PC Shipments Continue to Slump

Computer shipments dropped again in the third quarter as PC makers didn't receive much of a boost from Microsoft's new Windows 10 operating system.

Former Deutsche Bank Trader Pleads Guilty in Libor Manipulation Probe

A former Deutsche Bank senior trader pleaded guilty to conspiring to rig a key lending benchmark, the latest admission in a long-running investigation.

LSE to Sell Russell Investments

London Stock Exchange Group has agreed to sell Russell Investments to U.S. private-equity firm TA Associates for $1.15 billion in cash.

(END) Dow Jones Newswires

October 09, 2015 03:39 ET (07:39 GMT)

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