• Morgan Stanley cut 1,500 jobs this week: source
  NEW YORK (Reuters) - Morgan Stanley cut 1,500 jobs this week across its investment banking, trading and asset management businesses, a person familiar with the situation said Friday, a 5 percent reduction of non-broker employees.

  

  

  
• Wall St ends flat as energy gains offset sentiment
  NEW YORK (Reuters) - Stocks finished little changed on Friday as surging oil prices lifted energy shares and offset data that showed consumer confidence sank to its lowest in 28 years.

  

  

  
• Consumers' mood as grim as early-80s
  NEW YORK (Reuters) - U.S. consumer confidence tumbled to a 28-year low this month as rising prices strained household finances, while another drop in single-family housing starts underscored problems still plaguing the economy.

  

  

  
• American Axle and UAW reach tentative agreement
  DETROIT (Reuters) - The United Auto Workers and American Axle & Manufacturing Holdings Inc reached a tentative contract agreement late Friday aimed at ending an 11-week-long strike that had triggered thousands of layoffs and cost General Motors Corp at least $1 billion.

  

  

  
• Lehman Brothers job cuts to start next week: report
  NEW YORK (Reuters) - Investment bank Lehman Brothers Holdings Inc will begin cutting jobs starting next week, CNBC Television reported on Friday, without citing sources.

  

  

  

Coverage includes breaking news, market reports, newsmaker interviews and key company profiles.

• Japan back from Bubble
  Oct. 18 - Japanese real estate prices are rising again, 16 years after its "Bubble" era ended in tears.
• Intel cheers Asian shares
  Oct. 18 - Asian shares rose Thursday on expectations of lower U.S. interest rates and strong results by tech giant Intel.
• New facets for diamond business
  Oct. 16 - The world diamond industry says it wants to rethink its business strategy and give more power to producing countries in Africa.
• Posting for profit
  Oct. 10 - A new service from Blinkx.com allows consumers to take a cut of ad revenue from video on their own websites.
• A380 finally lands in Singapore
  Oct. 17 - Two years later than originally scheduled, the Airbus A380 superjumbo lands in Singapore ready for commercial service.