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)

GE in Talks With Baker Hughes on Partnerships
25:21 - General Electric says it is not discussing the outright purchase of Baker Hughes, but it is in talks about a possible partnership. The comment comes after Baker Hughes shares jumped in extended trading on reports GE was keen to buy the world's third-largest oil services provider. Bloomberg's David Wethe reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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