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Making cuts
Chesapeake Cuts 15% of Workforce to Cope With Price Drop
Chesapeake said it also plans to take a one-time charge in the third quarter of $55.5 million.1VW Scandal
Lawmakers Demand VW Documents in U.S. Emissions-Scheme Probe
The House committee sent letters asking carmaker and the EPA for a timeline of events as well as communications between the two.2mixed picture
S&P 500 Ekes Out Gain After Testing 2015 Low
3 Set to vote
Senate to Pass Spending Bill to Avoid U.S. Government Shutdown
While conservative Republicans have said they wouldn’t back any spending extension that continues to fund Planned Parenthood, the House plans to rely on Democratic votes to help pass a stopgap funding measure.4Job cuts
BofA to Cut Dozens of Traders, Bankers
BofA is cutting jobs after CEO Brian Moynihan pledged to trim expenses amid a decline in trading revenue.5Takeover talks
InBev to Line Up BofA, Santander on SABMiller Financing
The brewer is lining up banks to arrange as much as $70 billion in financing.6Heavy fighting
Afghan Army Makes Little Progress to Retake Kunduz From Taliban
The Afghan army made little progress in the first day of its campaign to take back the strategic northern city of Kunduz from the Taliban Tuesday, even with the support of a U.S. airstrike.7Unexpected Gain
Consumer Confidence in U.S. Unexpectedly Rose in September
The Conference Board’s index of consumer confidence increased to 103 in September from 101.3 a month earlier.8'Categorically untrue'
Planned Parenthood Leader Says Fetal Tissue Claims Are False
She tells U.S. lawmakers that claims based on undercover videos made by anti-abortion groups are “offensive and categorically untrue.”9A new system
Abe Calls for More Corporate Governance Progress in Japan
The Japanese Prime Minister pledged to push for further improvements in corporate governance, including urging companies to make more progress in unwinding cross-held shares.10Stick with rent
Home Prices in 20 U.S. Cities Increased 5% in Year to July
Home prices in 20 U.S. cities rose 5 percent in July from the same month in 2014, propelled by improving demand and limited supply.11Media Move
Axel Springer Buys 88% of Business Insider for $343 Million
12 Setting up shop
BofA Loses $3.3 Billion Wealth Team as Another Boutique Is Born
A group of Bank of America Corp. private bankers that helped anchor the firm’s wealth-management practice in one of California’s wealthiest enclaves has defected to start an independent company.13Historic gesture
Obama Shakes Hands With Zarif in Step Toward Better U.S.-Iran Relations
In the end, the handshake happened. Just not with Hassan Rouhani.14
- Investors have pulled $40 billion out of developing economies in the third quarter.
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