TOP STORIES
WELLS FARGO BOARD ACTIVELY CONSIDERING PAY CLAWBACKS
Wells Fargo's board is actively considering whether to claw back
pay from former retail-banking head Carrie Tolstedt as well as from
Chief Executive John Stumpf.
U.S. STOCKS EDGE UP, DESPITE SLIDE IN OIL PRICES
U.S. stocks rose Tuesday, led by gains in technology and
consumer shares, while oil prices slid.
U.S. CONSUMER CONFIDENCE ROSE IN SEPTEMBER
A gauge of consumer confidence rose in September to its highest
level in nine years, a sign that American households are emerging
from the recession's long shadow and could continue to support U.S.
economic growth.
FED'S FISCHER: REASONS FOR LABOR-FORCE PARTICIPATION DROP PRECEDE RECESSION
Federal Reserve Vice Chairman Stanley Fischer cited an aging
population as a key reason for the decline in the proportion of
adults participating in the labor force.
RICHMOND FED MANUFACTURING EMPLOYMENT INDEX GOES NEGATIVE
Factories across central Atlantic states reduced their
workforces as the manufacturing employment index was negative for
the first time in three years.
FORD FIGHTS BACK AGAINST TRUMP DEBATE CLAIMS
Ford Motor Co. went on the defensive following the latest
attacks from Donald Trump aimed at the auto maker's big-dollar
Mexico investments and production plans.
IMF SAYS MARKETS LOSING FAITH IN CENTRAL BANKS' ABILITY TO HIT INFLATION TARGETS
The IMF warned that rich countries risk exposing their economies
to large job losses if they aren't able to stoke inflation
soon.
STANDARD CHARTERED FACES U.S. PROBE OVER INDONESIAN INVESTMENT
The Justice Department is investigating Standard Chartered over
allegations that an Indonesian power company controlled by the
London-based bank paid bribes to win contracts.
U.S. HOME PRICES CONTINUED BRISK GROWTH IN JULY, CASE-SHILLER SAYS
Home price growth showed no signs of abating in July, as strong
demand for homes and a shortage of inventory helped drive prices
close to new highs.
UBS CLAIMS LOW RATES HAVE CREATED HOUSING BUBBLE
Housing bubbles are inflating in major cities around the world,
with Vancouver and London most at risk, according to Swiss lender
UBS.
CAESARS, CREDITORS REACH RESTRUCTURING DEAL
Caesars Entertainment Corp. said Tuesday that it has reached a
deal to resolve the long-running battle over the $18 billion
restructuring of the casino company's main operating unit.
FINTECH UPSTART LENDUP FINED
Fintech upstart LendUp was fined by the Consumer Financial
Protection Bureau and a California state regulator Tuesday over
widespread violations of payday and installment-lending laws.
VOLKSWAGEN SHARES DROP ON REPORTS DOJ IS SIZING UP CRIMINAL FINE
Volkswagen shares tumbled on reports the U.S. Justice Department
was calculating how much of a criminal fine it could levy on the
car maker without driving it out of business.
U.S. APPEALS COURT RULES PENNSYLVANIA HOSPITAL MERGER SHOULD BE PRELIMINARILY BLOCKED
A federal appeals court Tuesday ruled that a hospital merger in
Pennsylvania should be preliminarily blocked, a boost for U.S.
antitrust enforcers who alleged the combination of facilities in
the Harrisburg area would diminish competition and hurt
consumers.
MEXICO REGISTERS SMALLER TRADE DEFICIT IN AUGUST
Mexico's trade deficit narrowed in August from a year earlier as
factory exports picked up and imports of consumer goods declined
amid a weakening of the Mexican peso.
GERMAN REGULATOR TELLS FACEBOOK TO STOP COLLECTING WHATSAPP USER DATA
A German privacy watchdog has ordered Facebook to stop
collecting user data from its messenger subsidiary WhatsApp, the
latest clash between European privacy authorities and the
social-network company.
GE, INDEPENDENT POWER SUPPLIER PLAN VIETNAM WIND PROJECTS
General Electric is teaming up with an emerging market-focused
renewable power developer to build $1.5 billion worth of new wind
projects in Vietnam.
BOSTON SCIENTIFIC TO BUY ENDOCHOICE
Boston Scientific agreed to buy EndoChoice Holdings for roughly
$210 million, expanding its endoscopy business as sales of some
products have slowed.
CONSUMER AND BUSINESS LENDING IN EUROZONE GROWS SLOWLY, STEADILY
Data suggest that while underlying trends in both loan growth
and money supply remain conducive to growth, there are limits to
the extent to which the ECB can boost output with its monetary
policy tools.
SEAWORLD SHIFTS TO EDUCATIONAL ENTERTAINMENT, ADDS VR RIDE
SeaWorld Entertainment unveiled plans for cause-based
entertainment and a new virtual-reality ride as it seeks to move on
from its highly scrutinized theatrical shows featuring killer
whales.
======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES =======
Election 2016
TRUMP, CLINTON RATCHET UP ATTACKS IN DEBATE
Hillary Clinton and Donald Trump clashed Monday, offering
dramatically different visions of how they would lead the country
in a no-holds-barred attack on each other's biggest
vulnerabilities.
Markets Main
ITALY'S BANKS LOOK TO AN UNLIKELY SAVIOR: JAMES DIMON
After repeated efforts to salvage Italy's most troubled banks,
the country's government is leaning on an unlikely would-be savior:
James Dimon.
(END) Dow Jones Newswires
September 27, 2016 13:14 ET (17:14 GMT)
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