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)

Lockheed Martin Wins Australian Submarine Deal
21:19 - Lockheed Martin has won a bid to design and build the combat system for Australia’s planned A$50 billion ($38.4 billion) new submarine fleet, beating Raytheon. Bloomberg's Paul Allen reports on "Daybreak Asia." (Source: Bloomberg)
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