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This edition was generated on Wed Oct 31 08:45:01 EDT 2012

Table of Contents

General News Update
Sports News Update
Business News Update
Miscellaneous Daily Information
Boston Area Weather

General News

Yahoo! Reuters Headlines-General News:

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Boston News

Sports News

Yahoo! Reuters Headlines-Sports:

Business News

Yahoo! Reuters Headlines-Business:

  • Barclays bank headquarters in Canary Wharf
    Barclays hit by fresh U.S. investigations Reuters - 1 hr 20 mins ago

    LONDON (Reuters) - Barclays, already rocked by an interest rate rigging scandal, unveiled new U.S. regulatory investigations into the bank's financial probity on Wednesday … More »Barclays hit by fresh U.S. investigations

    Barclays bank headquarters in Canary Wharf

    LONDON (Reuters) - Barclays, already rocked by an interest rate rigging scandal, unveiled new U.S. regulatory investigations into the bank's financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance. Its shares fell almost 5 percent, hurt by a weaker performance in investment banking …

  • Workers clean up leaves outside the Con Edison Power Plant which was severely damaged in storms from last night's Hurricane Sandy in New York
    More than 760,000 Con Ed customers in NYC still without power Reuters - 24 mins ago

    (Reuters) - New York power company Consolidated Edison Inc said Wednesday it had restored power to over 160,000 of the 930,000 total customers knocked out by Hurricane … More »More than 760,000 Con Ed customers in NYC still without power

    Workers clean up leaves outside the Con Edison Power Plant which was severely damaged in storms from last night's Hurricane Sandy in New York

    (Reuters) - New York power company Consolidated Edison Inc said Wednesday it had restored power to over 160,000 of the 930,000 total customers knocked out by Hurricane Sandy, leaving about 764,000 still without power. Sandy hit the U.S. East Coast Monday night and left almost 8.5 million homes and businesses without power …

  • Eaton profit falls 5 percent, misses Wall Street estimates Reuters - 1 hr 5 mins ago

    NEW YORK (Reuters) - U.S. manufacturer Eaton Corp reported lower-than-expected quarterly profit on Wednesday, as weaker results in units that supply auto, plane and truck … More »Eaton profit falls 5 percent, misses Wall Street estimates

    NEW YORK (Reuters) - U.S. manufacturer Eaton Corp reported lower-than-expected quarterly profit on Wednesday, as weaker results in units that supply auto, plane and truck industries offset strength in electrical businesses, and the company said its markets are growing more slowly than it had expected. The maker of electrical …

  • Luxurious residential blocks are seen behind Happy Valley horse racing track in Hong Kong
    Hong Kong named top financial center for second year Reuters - 5 hrs ago

    LONDON (Reuters) - Hong Kong was named the world's top financial center for the second year running by the World Economic Forum (WEF), thanks to the strength of its business … More »Hong Kong named top financial center for second year

    Luxurious residential blocks are seen behind Happy Valley horse racing track in Hong Kong

    LONDON (Reuters) - Hong Kong was named the world's top financial center for the second year running by the World Economic Forum (WEF), thanks to the strength of its business environment, infrastructure and a favorable tax regime. The WEF's annual Financial Development Report considered a wide range of factors and underscored …

  • A model presents a creation at the Tommy Hilfiger Fall/Winter 2012 collection during New York Fashion Week
    PVH takes control of Calvin Klein clothing with Warnaco buy Reuters - 6 mins ago

    (Reuters) - PVH Corp will buy lingerie and sportswear maker Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal to bring the Calvin Klein clothing brand … More »PVH takes control of Calvin Klein clothing with Warnaco buy

    A model presents a creation at the Tommy Hilfiger Fall/Winter 2012 collection during New York Fashion Week

    (Reuters) - PVH Corp will buy lingerie and sportswear maker Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal to bring the Calvin Klein clothing brand under one roof. PVH, which owns and makes formal wear and sportswear under the Calvin Klein brand, will gain the underwear and jeans businesses that have …

  • Accenture targets jobs cuts in Finland: YLE Reuters - 1 hr 39 mins ago

    HELSINKI (Reuters) - IT services supplier Accenture will next week start layoff talks in Finland and aims to cut up to 330 jobs, the country's national broadcaster YLE … More »Accenture targets jobs cuts in Finland: YLE

    HELSINKI (Reuters) - IT services supplier Accenture will next week start layoff talks in Finland and aims to cut up to 330 jobs, the country's national broadcaster YLE said on Wednesday. Accenture currently has 1,800 employees in the country, YLE said. (Reporting by Helsinki newsroom; editing by Jason Neely)

  • Barclays PLC Chief Executive Antony Jenkins speaks during the first day of the Clinton Global Initiative 2012 (CGI) in New York
    Barclays takes action on staff after Libor probe Reuters - 3 hrs ago

    LONDON (Reuters) - Barclays has fired staff, clawed back pay and taken other disciplinary action after a "very rigorous" internal investigation into the bank's manipulation … More »Barclays takes action on staff after Libor probe

    Barclays PLC Chief Executive Antony Jenkins speaks during the first day of the Clinton Global Initiative 2012 (CGI) in New York

    LONDON (Reuters) - Barclays has fired staff, clawed back pay and taken other disciplinary action after a "very rigorous" internal investigation into the bank's manipulation of Libor interest rates, its new chief executive said. "In some circumstances this has led to people being removed from the firm, in some cases it's …

  • GM 3Q profit falls 12 pct. AP - 1 hr 10 mins ago

    General Motors says its third-quarter profit fell 12 percent as losses grew in Europe and North American warranty costs cut into earnings. More »GM 3Q profit falls 12 pct.

    General Motors says its third-quarter profit fell 12 percent as losses grew in Europe and North American warranty costs cut into earnings.

  • A police car patrols in front of the New York Stock Exchange, Wednesday, Oct. 31, 2012 before it reopens for trading for the first time this week following a two-day shutdown due to superstorm Sandy. Stock futures are rising ahead of the opening bell. Much of lower Manhattan and the financial district are still without electrical power. (AP Photo/Mark Lennihan)
    US futures rise ahead of week's first trading day AP - 12 mins ago

    Stock futures rose Wednesday, the first day of trading this week after Hurricane Sandy shut down Wall Street and darkened a broad swath of the East Coast. More »US futures rise ahead of week's first trading day

    A police car patrols in front of the New York Stock Exchange, Wednesday, Oct. 31, 2012 before it reopens for trading for the first time this week following a two-day shutdown due to superstorm Sandy. Stock futures are rising ahead of the opening bell. Much of lower Manhattan and the financial district are still without electrical power. (AP Photo/Mark Lennihan)

    Stock futures rose Wednesday, the first day of trading this week after Hurricane Sandy shut down Wall Street and darkened a broad swath of the East Coast.

  • FILE - In this Jan. 22, 2009, file photo, people watch during the inauguration of a new $550 million wind farm project in La Ventosa, Mexico, located on the narrow isthmus between the Gulf of Mexico and the Pacific Ocean. Mexican President Felipe Calderon has made the inauguration of wind parks one of the main focuses of his administration's ambitious pledge to cut Mexico's carbon emissions by 30 percent by 2020, and once again Tuesday, Oct. 30, 2012, as he has done before, he stopped in the state of Oaxaca to inaugurate a new clutch of wind turbines. (AP Photo/Mark Stevenson, file)
    Indigenous vs. multinationals in Mexico wind power AP - 7 mins ago

    Mexico is putting up wind power turbines at a breakneck pace and the expansion is pitting energy companies against the Indians who live in one of the windiest spots … More »Indigenous vs. multinationals in Mexico wind power

    FILE - In this Jan. 22, 2009, file photo, people watch during the inauguration of a new $550 million wind farm project in La Ventosa, Mexico, located on the narrow isthmus between the Gulf of Mexico and the Pacific Ocean. Mexican President Felipe Calderon has made the inauguration of wind parks one of the main focuses of his administration's ambitious pledge to cut Mexico's carbon emissions by 30 percent by 2020, and once again Tuesday, Oct. 30, 2012, as he has done before, he stopped in the state of Oaxaca to inaugurate a new clutch of wind turbines. (AP Photo/Mark Stevenson, file)

    Mexico is putting up wind power turbines at a breakneck pace and the expansion is pitting energy companies against the Indians who live in one of the windiest spots in the world.

  • PVH plans to buy competitor Warnaco in $2.9B deal AP - 57 mins ago

    PVH Corp., whose brands include Calvin Klein and Tommy Hilfiger, has agreed to buy rival clothier The Warnaco Group Inc. in a cash-and-stock deal worth about $2.9 billion … More »PVH plans to buy competitor Warnaco in $2.9B deal

    PVH Corp., whose brands include Calvin Klein and Tommy Hilfiger, has agreed to buy rival clothier The Warnaco Group Inc. in a cash-and-stock deal worth about $2.9 billion that will create one of the world's largest clothing companies.

  • The streets surrounding the New York Stock Exchange are deserted as financial markets remain closed for the second day due to superstorm Sandy, Tuesday, Oct. 30, 2012. Superstorm Sandy could mean a slower economy and higher gas prices in coming months, though reconstruction will help cushion the economic blow (AP Photo/Richard Drew)
    Storm's cost may hit $50B; rebuilding to ease blow AP - 14 hrs ago

    Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting … More »Storm's cost may hit $50B; rebuilding to ease blow

    The streets surrounding the New York Stock Exchange are deserted as financial markets remain closed for the second day due to superstorm Sandy, Tuesday, Oct. 30, 2012. Superstorm Sandy could mean a slower economy and higher gas prices in coming months, though reconstruction will help cushion the economic blow (AP Photo/Richard Drew)

    Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.

  • This photo provided by Metropolitan Transportation Authority shows people boarding a bus, as partial bus service was restored on Tuesday, Oct. 30, 2012. Mass transit, including buses, was suspended during Sandy, the storm that made landfall Monday. (AP Photo/Metropolitan Transportation Authority, Patrick Cashin)
    Region hit by Sandy struggles to resume daily life AP - 1 hr 14 mins ago

    People in the coastal corridor battered by superstorm Sandy took the first cautious steps Wednesday to reclaim routines upended by the disaster, even as rescuers combed … More »Region hit by Sandy struggles to resume daily life

    This photo provided by Metropolitan Transportation Authority shows people boarding a bus, as partial bus service was restored on Tuesday, Oct. 30, 2012. Mass transit, including buses, was suspended during Sandy, the storm that made landfall Monday. (AP Photo/Metropolitan Transportation Authority, Patrick Cashin)

    People in the coastal corridor battered by superstorm Sandy took the first cautious steps Wednesday to reclaim routines upended by the disaster, even as rescuers combed neighborhoods strewn with debris and scarred by floods and fire.

  • A woman shops for groceries by flashlight in the Tribeca neighborhood of New York, Tuesday, Oct. 30, 2012. ConEd cut power to some neighborhoods served by underground lines as the advancing storm surge from Hurricane Sandy threatened to flood substations. Floodwaters later led to explosions that disabled a substation in Lower Manhattan, cutting power tens of thousands of customers south of 39th Street. (AP Photo/Richard Drew)
    A slowed, darkened NYC begins to stir to life AP - 35 mins ago

    Two days after superstorm Sandy brought New York to a standstill, residents itching to get back to work and their old lives noticed small signs that the city might be … More »A slowed, darkened NYC begins to stir to life

    A woman shops for groceries by flashlight in the Tribeca neighborhood of New York, Tuesday, Oct. 30, 2012. ConEd cut power to some neighborhoods served by underground lines as the advancing storm surge from Hurricane Sandy threatened to flood substations. Floodwaters later led to explosions that disabled a substation in Lower Manhattan, cutting power tens of thousands of customers south of 39th Street. (AP Photo/Richard Drew)

    Two days after superstorm Sandy brought New York to a standstill, residents itching to get back to work and their old lives noticed small signs that the city might be getting back to — well, not quite normal.

  • A man begs for alms in a street, in Pamplona, northern Spain, Tuesday, Oct. 30, 2012. Spain's National Statistics Institute says Tuesday that the country's economy contracted 0.3 percent in the third quarter from the previous three month period. Spain is in a double-dip recession and has a 25 percent unemployment rate. Prime Minister Mariano Rajoy said Monday the country has no immediate need to ask for outside aid to help deal with its debts. (AP Photo/Alvaro Barrientos)
    Eurozone unemployment rises to new record AP - 41 mins ago

    Unemployment in the 17-country eurozone hit a record high of 11.6 percent in September, official figures showed Wednesday, a sign the economy is deteriorating as governments … More »Eurozone unemployment rises to new record

    A man begs for alms in a street, in Pamplona, northern Spain, Tuesday, Oct. 30, 2012. Spain's National Statistics Institute says Tuesday that the country's economy contracted 0.3 percent in the third quarter from the previous three month period. Spain is in a double-dip recession and has a 25 percent unemployment rate. Prime Minister Mariano Rajoy said Monday the country has no immediate need to ask for outside aid to help deal with its debts. (AP Photo/Alvaro Barrientos)

    Unemployment in the 17-country eurozone hit a record high of 11.6 percent in September, official figures showed Wednesday, a sign the economy is deteriorating as governments struggle to get a grip on their three-year debt crisis.

  • Spain: Bailout pressure easing since ECB bond deal AP - 14 mins ago

    A government official says the European Central Bank's offer to buy bonds has lowered Spain's borrowing costs and taken the heat off the country to seek a bailout in … More »Spain: Bailout pressure easing since ECB bond deal

    A government official says the European Central Bank's offer to buy bonds has lowered Spain's borrowing costs and taken the heat off the country to seek a bailout in the short term.

  • One World Trade Center and large portions of lower Manhattan and Hoboken, N.J., are seen without power from Jersey City, N.J., Tuesday, Oct. 30, 2012, the morning after a powerful storm that started out as Hurricane Sandy made landfall on the East Coast. New York City awakened Tuesday to a flooded subway system, shuttered financial markets and hundreds of thousands of people without power a day after a wall of seawater and high winds slammed into the city, destroying buildings and flooding tunnels. (AP Photo/Charles Sykes)
    Markets hopeful on Wall Street return after storm AP - 43 mins ago

    The planned return of trading on Wall Street after a two-day suspension due to superstorm Sandy helped financial markets edge higher in Europe and Asia on Wednesday … More »Markets hopeful on Wall Street return after storm

    One World Trade Center and large portions of lower Manhattan and Hoboken, N.J., are seen without power from Jersey City, N.J., Tuesday, Oct. 30, 2012, the morning after a powerful storm that started out as Hurricane Sandy made landfall on the East Coast. New York City awakened Tuesday to a flooded subway system, shuttered financial markets and hundreds of thousands of people without power a day after a wall of seawater and high winds slammed into the city, destroying buildings and flooding tunnels. (AP Photo/Charles Sykes)

    The planned return of trading on Wall Street after a two-day suspension due to superstorm Sandy helped financial markets edge higher in Europe and Asia on Wednesday.

  • Torstar profit falls as advertisers cut spending Reuters - 3 mins 57 secs ago

    (Reuters) - Canadian publisher Torstar Corp reported a 44 percent fall in third-quarter profit on lower spending by advertisers. Torstar -- publisher of the Toronto Star, … More »Torstar profit falls as advertisers cut spending

    (Reuters) - Canadian publisher Torstar Corp reported a 44 percent fall in third-quarter profit on lower spending by advertisers. Torstar -- publisher of the Toronto Star, Canada's biggest daily newspaper -- reported net income attributable to equity shareholders of C$14.1 million, or 18 Canadian cents per share, compared …

  • Canada economy shrinks in August as oil, mining slump Reuters - 5 mins ago

    OTTAWA (Reuters) - The Canadian economy unexpectedly shrank by 0.1 percent in August from July, pointing to slower growth in the third quarter than in the first half … More »Canada economy shrinks in August as oil, mining slump

    OTTAWA (Reuters) - The Canadian economy unexpectedly shrank by 0.1 percent in August from July, pointing to slower growth in the third quarter than in the first half of the year and supporting the central bank's message that interest rate hikes are less imminent. Analysts had expected the economy to expand 0.2 percent in …

  • A model presents a creation at the Tommy Hilfiger Fall/Winter 2012 collection during New York Fashion Week
    PVH takes control of Calvin Klein clothing with Warnaco buy Reuters - 6 mins ago

    (Reuters) - PVH Corp will buy lingerie and sportswear maker Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal to bring the Calvin Klein clothing brand … More »PVH takes control of Calvin Klein clothing with Warnaco buy

    A model presents a creation at the Tommy Hilfiger Fall/Winter 2012 collection during New York Fashion Week

    (Reuters) - PVH Corp will buy lingerie and sportswear maker Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal to bring the Calvin Klein clothing brand under one roof. PVH, which owns and makes formal wear and sportswear under the Calvin Klein brand, will gain the underwear and jeans businesses that have …

Miscellaneous Daily Stuff

Quotes of the Day

Selected from Michael Moncur's Collection of Quotations - October 31, 2012
Perhaps the most valuable result of all education is the ability to make yourself do the thing you have to do, when it ought to be done, whether you like it or not.
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Thomas Henry Huxley  
We hate some persons because we do not know them; and we will not know them because we hate them.
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Charles Caleb Colton (1780 - 1832)  
All work and no play makes Jack a dull boy and Jill a rich widow.
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Evan Esar (1899 - 1995)  
Opportunity is missed by most people because it is dressed in overalls and looks like work.
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Thomas A. Edison (1847 - 1931)  

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