U.S. Jobless Claims Fell by 15,000 to 358,000

Oct. 17 (Bloomberg) -- More Americans than forecast filed applications for unemployment benefits last week as California continued to work through a backlog, indicating it will take time to gauge the impact of the federal shutdown. Jobless claims decreased by 15,000 to 358,000 in the week ended Oct. 12 from a revised 373,000 in the prior period, a Labor Department report showed today in Washington. Michael McKee reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Naspers CEO Defies China Slump
19:49 - Bob van Dijk’s $55 billion media company gets almost all of its value from a single Chinese investment, yet he’s more concerned about attracting Africans to Naspers Ltd.’s new video-on-demand service than about China’s economic slowdown.
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