ECONOMY-JOBS REPORTWASHINGTON a¿¿ The jobs report for October due out Friday may be bleak. It might even be scary. The unemployment rate could jump by the most in three years. Hiring may slow from an already weak pace. Don't panic. The ugly figures will reflect the government's partial shutdown, which coincided with 16 days in October. The trends for the job market will likely reverse themselves in coming months. By Christopher S. Rugaber. SENT: 700 words, photo. BRITAIN-SHIPYARDS LONDON a¿¿ Britannia once ruled the waves. But plans by its largest shipbuilder to restructure and cut hundreds of jobs will eliminate the centuries-old industry from the home of the Royal Navy, the city of Portsmouth. By Danica Kirka. SENT: 680 words, photos. MARKETS & ECONOMY: WALL STREET NEW YORK a¿¿There wasn't any major economic news or blockbuster earnings. But that doesn't stop investors from pushing the Dow Jones industrial average to another record. By Steve Rothwell. SENT: 630 words, photos. TREASURY BORROWING WASHINGTON a¿¿ The government says it will begin selling Treasury securities next year that have variable interest rates. It's the first new Treasury security in 17 years. By Martin Crutsinger. SENT: 230 words. LEADING INDICATORS WASHINGTON a¿¿A gauge of the U.S. economy's future health rose solidly in September, suggesting the economy was making gains before the government shut down for 16 days. By Martin Crutsinger. SENT: 250 words. a¿¿ OIL PRICES a¿¿Oil rises 1.5 percent as the U.S. government reports a strong increase in demand for gasoline last week. SENT: 250 words. a¿¿ SAC CAPITAL a¿¿ A New York judge who has talked tough about insider trading is stepping out of the way of a $1.8 billion criminal settlement involving hedge fund giant SAC Capital. Federal Judge Richard Sullivan in Manhattan says that what he thought of the deal announced Monday "is not really relevant today." SENT: 500 words.
a¿¿ WELLS FARGO-MORTGAGE SETTLEMENT a¿¿ Wells Fargo will pay $335 million settle claims that it mislead Fannie and Freddie.SMALLBIZ-SMALL TALK NEW YORK a¿¿ American Express Co. is largely viewed as an upscale charge card company, but it's increasingly on the pulse of what it going on with small business as it works to build its customer base. Susan Sobbott, who heads up the company's small business operation, American Express Open, says that based on what she's seeing the holiday season may not the most robust for small retailers, but they should eke out gains compared with last year. By Joyce M. Rosenberg. SENT: 760 words, photo. INDUSTRY: HEALTH OVERHAUL-PREEXISTING ANXIETIES PORTLAND, Ore. a¿¿ Hundreds of thousands of people with preexisting conditions such as cancer, heart failure, or kidney disease who are covered through high risk insurance pools will see their coverage dissolve by year's end when their pools are permanently closed. But many of them have had trouble signing up for new health insurance through the often malfunctioning federal and state exchanges and could find themselves without critical coverage in January if they don't meet a Dec. 15 deadline to enroll. By Gosia Wozniacka. SENT: 900 words, photos by noon. VOLVO'S RETURN DETROIT a¿¿ Volvo has realized that safe is better than sexy. After several years adrift, as it changed owners and flirted with sexier ads, the Swedish automaker is in the midst of an $11 billion turnaround plan that it hopes will nearly double worldwide sales to 800,000 by 2020. It is building new plants in Sweden and China, introducing new vehicles and developing its own infotainment system that it says will be less distracting. By Auto Writer Dee-Ann Durbin. a¿¿ MEXICAN COKE-SWEETENER a¿¿ Fans of "Mexican Coke" in the U.S. need not worry about any sweetener changes. The company that bottled the imported glass bottles says they'll still be sweetened with cane sugar even if the bottler makes changes in Mexico. SENT: 240 words.
a¿¿ WAL-MART-WEBSITE WOES a¿¿ Wal-Mart Stores Inc. says a technical error caused a number of products from computer monitors to treadmills to be priced absurdly low or high on its website. SENT: 220 words.a¿¿ STARBUCKS-VETERANS a¿¿ Starbucks says it plans to hire at least 10,000 veterans and military spouses over the next five years. SENT: 130 words. a¿¿ SWITZERLAND-CONGO-GOLD a¿¿ Swiss prosecutors open a criminal investigation against one of the world's largest processors of precious metals over allegations that it laundered gold obtained through war crimes. SENT: 470 words. a¿¿ BARRACUDA NETWORKS-IPO a¿¿ Shares of Barracuda Networks Inc. jump in their debut on the New York Stock Exchange. SENT: 170 words. a¿¿ BLUE CAPITAL REINSURANCE-IPO a¿¿ Shares of Blue Capital Reinsurance declined in its market debut on Wednesday. SENT: 130 words. a¿¿ ARC LOGISTICS-IPO a¿¿ Arc Logistics shares fall slightly in initial public offering. a¿¿ KARYOPHARM-IPO MOVER a¿¿ Karyopharm says expanded IPO prices at $108.8 million, and shares rise in afternoon trading. IMPORTED DRUGS ALEXANDRIA, Va. a¿¿ Two people charged with participating in a scheme to illegally import millions of dollars of drugs for plastic surgery and chemotherapy into the United States are scheduled enter pleas in federal court, part of an FDA enforcement effort to keep prevent importation of cheap, foreign drugs into the U.S. marketplace. By Matthew Barakat. SENT: 650 words. EARNINGS: JAPAN-EARNS-TOYOTA TOKYO a¿¿ Toyota's quarterly profit soars 70 percent, and the world's top-selling automaker raises its earnings forecast, as cost cuts and the weaker Japanese yen compensated for slightly weaker vehicle sales. By Elaine Kurtenbach. SENT: 650 words, photos. a¿¿ EARNS-CBS a¿¿ CBS Corp. grew earnings 26 percent in the third quarter, benefiting from higher ad revenue, sales of reruns of shows like "NCIS: Los Angeles" and pay-per-view boxing. SENT: 170 words, photo. a¿¿ EARNS-WHOLE FOODS a¿¿ Whole Foods Market Inc. says its fourth-quarter profit rose 7 percent, as the grocery chain known for its organic offerings benefited from lower costs of goods sold. SENT: 130 words, photo. UPCOMING: 300 words by 6 p.m.
a¿¿ EARNS-MONDELEZ a¿¿ Oreo cookie maker Mondelez reports a jump in quarterly profit and raises its earnings outlook for the year, citing plans to improve productivity. SENT: 330 words, photo.a¿¿ EARNS-TIME WARNER a¿¿ Time Warner says its third-quarter net income rose 44 percent and is backing its outlook for the full year. SENT: 440 words, photo. a¿¿ EARNS-DUKE ENERGY a¿¿ Duke Energy's net income rises 69 percent on lower merger costs, but the company's results were still weaker than investors had hoped as milder summer weather reduced electric demand. SENT: 470 words, photo. a¿¿ NETHERLANDS-EARNS-ING a¿¿ ING Groep NV sees its third-quarter profit fall sharply after it booked a loss on the sale of operations in South Korea. SENT: 410 words. TECHNOLOGY & MEDIA: GOOGLE BARGES SOLVED Internet giant Google says it is exploring using a large barge as an interactive learning center. A statement released Wednesday from Google's press center may help end weeks of speculation about the purpose of structures on two barges, one being built in the San Francisco Bay, another off Portland, Maine. By National Writer Martha Mendoza. SENT: 320 words. a¿¿ EU-GOOGLE a¿¿ Google's latest offer to settle a European investigation into the alleged abuse of its dominant positions in online search and advertising leaks, with one competitor calling it "a new form of abuse." SENT: 600 words, photo. a¿¿ FRANCE-MOSLEY VS GOOGLE a¿¿ A French court rules that Google must rid its search results of nine images of an orgy involving former Formula One chief Max Mosley. SKOREA-SAMSUNG-TABLETS SEOUL, South Korea a¿¿ Samsung Electronics Co. has a new goal after overtaking Apple in smartphones: it wants to be world No. 1 in tablet computers, too. By Youkyung Lee. SENT: 410 words. a¿¿ AMAZON-BOOKSTORES a¿¿ Amazon is offering an enticement to independent bookstores: sell the Kindle and get a 10 percent cut of the price of the digital books that people buy for it, for two years. SENT: 130 words.
a¿¿ BELGIUM-HACKING a¿¿ Belgian authorities open an investigation into two possible hacking incidents at the office of Prime Minister Elio Di Rupo. SENT: 140 words.a¿¿ EU-GMO a¿¿ The European Union's executive Commission is backing plans to cultivate a genetically modified maize despite the objections of environmental groups which considers it dangerous. The approval now sends the plans to approve Maize 1507 to the EU's 28 member nations for consideration. SENT: 140 words, photos. INTERNATIONAL: EUROPE-ECONOMY LONDON a¿¿ A day before the European Central Bank meets to decide whether to cut interest rates, further evidence emerges to indicate the economic recovery in Europe is muted. Eurostat, the EU's statistics office, said Wednesday that retail sales across the 17-country eurozone fell 0.6 percent in September from the month before. The fall offset the previous month's 0.5 percent rise and was just below market expectations for a more modest 0.4 percent decline. By Pan Pylas. SENT: 600 words, photo. BANGLADESH-GRAMEEN BANK DHAKA, Bangladesh a¿¿ Bangladesh passes a law bringing the pioneering Grameen Bank under closer central bank supervision, a move bitterly opposed by its founder and Nobel laureate Muhammad Yunus, who warns of a government takeover of an institution lauded for alleviating poverty. By Julhas Alam. SENT: 480 words. a¿¿ GREECE-FINANCIAL-CRISIS a¿¿ Services across Greece shut down as unions hold a 24-hour general strike to protest further austerity cuts in the cash-strapped country. SENT: 440 words, photos. a¿¿ PORTUGAL-FINANCIAL-CRISIS a¿¿ Fewer than half of scheduled trains run in Portugal during the morning rush-hour as rail workers stage their latest protest against cuts to their pay and entitlements. SENT: 140 words. a¿¿ GERMANY-ECONOMY a¿¿ German factory orders in September rose an unexpectedly strong 3.3 percent on the month, thanks to a particularly robust increase in foreign demand. SENT: 130 words. a¿¿ MALAYSIA-CONDOM-IPO a¿¿ Karex, the world's top condom producer, surged more than 30 percent in its trading debut on Malaysia's stock exchange, following a 125 million ringgit ($39 million) initial public offering to bolster its market share. SENT: 190 words.
a¿¿ EU-POLISH-AIRLINE a¿¿ European Commission regulators say they have opened an investigation into whether support Poland has given to its flag carrier LOT Polish Airline is permissible under European competition rules. SENT: 130 words._____ A sampling of Money & Markets modules is below. The full digest for AP's Money & Markets service can be found at markets.ap.org. For questions about Money & Markets content, please contact Trevor Delaney (800-845-8450, ext. 1807). For technical support: Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. CENTERPIECE The home stretch The Standard & Poor's 500 finished October up 23 percent and has continued to move higher. Has the stock market ever dramatically changed course after posting a double-digit gain through the first 10 months of the year? Out of the 33 years when the January-October gain was at least 10 percent, only five declined in the November-December period. UPCOMING: Graphic expected by 6 p.m. COMPANY SPOTLIGHT A&F issues weak forecast Teenagers aren't opening their wallets like they once were. Abercrombie & Fitch issued a disappointing full-year forecast late Tuesday. UPCOMING: Graphic expected by 6 p.m.