Jobless Claims in U.S. Drop to Four-Year Low

Oct. 11 (Bloomberg) -- Fewer Americans than forecast filed first-time claims for unemployment benefits last week, which may reflect difficulty adjusting the data for seasonal swings at the start of a new quarter. Applications for jobless benefits dropped 30,000 to 339,000 in the week ended Oct. 6, the fewest since February 2008, Labor Department figures showed today. Betty Liu, Dominic Chu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Is the Biotech Backlash Warranted?
11:50 - Bloomberg Intelligence's Asthika Goonewardene reports on the biotech industry. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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