Afternoon Update
TOP NEWS
N.Y.S.E. Halts Some Trading After Irregular Price Swings
By NATHANIEL POPPER
United States stock markets were thrown into turmoil on Wednesday after 148 stocks were hit with a surge of volatile and unexpected trading immediately after the opening bell.
Fed Sees Slowing Economy, but Defers New Action
By BINYAMIN APPELBAUM
The Federal Reserve's policy committee signaled in a statement that it was ready to take new action if job growth did not improve.
New Polls in Three Battleground States Show Obama Edge
By JEFF ZELENY and DALIA SUSSMAN
The economy aids Mitt Romney, but personal appeal helps President Obama, according to Quinnipiac University/New York Times/CBS News polls in Ohio, Florida and Pennsylvania.
Senate Candidate in Texas Is Known as an Intellectual Force
By ERIK ECKHOLM
The Republican Ted Cruz won a runoff election after more than a year of sweaty street campaigning, and his victory is all but assured in November in his very red state.
To No One's Surprise, Japan's Uchimura Wins the All-Around Gold
By JULIET MACUR
Kohei Uchimura of Japan showed why he was favored to win the gold medal in the men's all-around event in gymnastics; Marcel Nguyen of Germany took the silver, and Danell Leyva of the United States the bronze.
N.Y.S.E. Halts Some Trading After Irregular Price Swings Fed Sees Slowing Economy, but Defers New Action New Polls in Three Battleground States Show Obama Edge
Interactive: Poll Results Senate Candidate in Texas Is Known as an Intellectual Force To No One's Surprise, Japan's Uchimura Wins the All-Around GoldTechnology
Video: Opinion
BUSINESS
DealBook
Conceding Poor Returns, Hedge Fund Shrinks Itself
By LANDON THOMAS JR.
Frustrated by Europe and dried-up markets, Louis M. Bacon says he will give back $2 billion, about one quarter of the size his benchmark Moore Global Investment fund.
As Fleet Sales Stall, Automakers Report Mixed Results
By BILL VLASIC
General Motors and Ford reported a drop in July sales compared with a year ago, citing lower volume to rental fleets, while Chrysler posted a 13 percent increase.
DealBook
MF Global Trustee Expects Customers Will Recoup Cash in the '90% Range'
By BEN PROTESS
The warnings by James W. Giddens came in stark contrast to the written testimony from another MF Global trustee, Louis Freeh, who said he believes "all of the customers of MF Global Inc. eventually will be made whole."
In China, Manufacturing Growth Still Slumps
By DAVID BARBOZA
An official index of China's manufacturing output released on Wednesday showed growth continued to slow in July.
Media Decoder Blog
New Broadband Customers Help Comcast Earnings
By AMY CHOZICK
The company, America's largest cable operator, also reduced its rate of loss of cable subscribers. But NBCUniversal remains a trouble spot.
Conceding Poor Returns, Hedge Fund Shrinks Itself As Fleet Sales Stall, Automakers Report Mixed Results MF Global Trustee Expects Customers Will Recoup Cash in the '90% Range' In China, Manufacturing Growth Still Slumps New Broadband Customers Help Comcast Earnings