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Reuters: Business News

China's October official PMI edges down to 50.8

BEIJING (Reuters) - China's factory sector grew in October but at a pace that was slightly slower than expected, underlining the challenges facing the sector as manufacturers fight rising costs and softening demand in a cooling economy.

Posted: Sat 1st of November, 2014

J.P. Morgan found hackers through breach of corporate event website: WSJ

(Reuters) - J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the Wall Street Journal reported, citing people familiar with the matter.

Posted: Sat 1st of November, 2014

Herbalife to pay $15 million to settle class action lawsuit

(Reuters) - Herbalife Ltd would pay $15 million to settle an 18-month battle over a class action lawsuit brought by a former distributor claiming that the nutrition and supplements company is running an alleged pyramid scheme, according to a U.S. court filing.

Posted: Sat 1st of November, 2014

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