U.S.

US copper opens down with equities, jobs data saps

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U.S. copper futures slumped to a 1-1/2 week low Wednesday morning, as further losses in global equity markets overnight continued to undermine confidence in the economic recovery and weak U.S. jobs data added to the weight of the move.
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Toyota raising output to ease tight US inventories

Toyota Motor Corp plans to raise production of its Tacoma and Tundra pickups to meet expected demand for trucks, and increase production of fuel-efficient vehicles through the end of the year, executives said on Tuesday.
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US industrial shares up on strong manufacturing data

NEW YORK - Strong economic data on the manufacturing sector helped boost U.S. industrial shares in early trading on Tuesday, amid optimism the sector's earnings bottomed out in the second quarter and are set to improve.
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US copper climb at open as data points to recovery

NEW YORK - U.S. copper futures headed higher at the open on Tuesday, recovering a portion of the prior session's steep losses, as equity markets regained their footing and manufacturing and housing data suggested the economic recovery was on track.
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US STOCKS-Futures point lower ahead of ISM, housing

U.S. stock index futures pointed to a lower open on Tuesday as ongoing concerns over the strength of an economic recovery looked set to eclipse a report expected to show U.S. manufacturing expanded in August.
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Ford US auto sales rise in August-sales analyst

Ford Motor Co (F.N) will report a U.S. auto sales increase in August and the industry may post its first monthly year-over-year sales rise since October 2007, the automaker's chief sales analyst said on Monday.
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UPDATE 2-Reynolds,others sue to stop part of US tobacco act

The makers of Camel and Kool cigarettes and other tobacco companies filed suit in federal court on Monday to try to block provisions of a recently enacted U.S. tobacco law they say would interfere with their right to communicate with adult smokers.
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Lakeside granted status in Canada-U.S. Steel suit

Lakeside Steel was granted intervenor status in the Canadian government's lawsuit against U.S. Steel on Monday, a position the small Canadian company hopes will give it a chance to acquire U.S. Steel's operations in southern Ontario.
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Gates sees consensus on need for U.S. defense reforms

FORT WORTH - U.S. Defense Secretary Robert Gates on Monday cited consensus among lawmakers, the Pentagon and the White House on the need to reform the defense acquisition process, especially given the current economic situation.
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Econ worries drag US copper down from 11-mth highs

NEW YORK - U.S. copper futures extended a pull-back from last week's 11-month highs Monday morning, as a sharp plunge in Chinese and U.S. equity markets curbed economic recovery hopes, and a firmer dollar combined to drag prices down to one-week lows.
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Yen shade firmer with election over, US$ eases

The yen was trading modestly firmer on Monday after the Democratic Party of Japan ousted the ruling Liberal Democratic Party in a landslide, so putting an end to election uncertainty.
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US bank regulators close Affinity Bank

U.S. bank regulators closed Affinity Bank of Ventura, California on Friday, the 84th U.S. bank to fail this year as economic weakness continues to take a toll on financial institutions.
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U.S. bank regulators closed Mainstreet Bank

U.S. bank regulators closed Mainstreet Bank of Forest Lake, Minnesota, on Friday, the 83rd U.S. bank to fail this year as economic weakness continues to take a toll on financial institutions.
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Canadian bank seeks US jury trial in options fraud

TORONTO - Bank of Montreal, one of Canada's top banks, is suing two U.S.-based brokerages and some of their former officers and shareholders for their part in an intricate fraud carried out by the former head of its commodity derivatives group, court documents showed.

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