Economy adds 103000 jobs in September report
The Labor Department says 103000 jobs were added in September, down from August when 45000 Verizon workers rehired after a strike counted as gains. Unemployment holds at 9.1 percent as economists caution that 125000 jobs a month are needed to keep up with growth. The report eases recession fears but shows weak labor demand.
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EU approves Microsoft Skype acquisition
The European Commission approved Microsoft's 8.5 billion purchase of Skype, finding no significant impediment to competition in Europe. The deal, cleared after U.S. approval, aims to enhance Microsoft's mobile strategy and business communication tools.
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Occupy Wall Street Protest Builds Makeshift City in Park
Report on the September occupation of Zuccotti Park shows a leaderless, consensus driven camp with task forces for food security sanitation and first aid. A DIY library, power via generator, and daily general assemblies support hundreds sleeping in the park with volunteers aiding supplies and meals. Brookfield voices sanitation concerns as park cleanliness declines.
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