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U.S. officials back complaint on steel pipe imports

WASHINGTON, Sept 3- U.S. officials found reasonable evidence U.S. producers of steel pipes and tubes are injured by imports from South Korea, Mexico, and Turkey, taking the complaint a step closer to import duties. The complaint was lodged on behalf of Atlas Tube, a division of JMC Steel Group; Bull Moose Tube Company; EXLTUBE; Hannibal Industries, Inc; Independence...
Source: Reuters
Gold slips on dollar after ECB comments, eyes on US data

Gold fell one percent on Thursday as dollar jumped versus the euro after the European Central Bank cut inflation forecasts.
Source: Reuters
CIA spy ship built to raise Soviet sub becomes victim of oil slump

ZURICH, Sept 3- A ship built by the CIA for a secret Cold War mission in 1974 to raise a sunken Soviet sub is heading to the scrap yard, a victim of the slide in oil prices. Christened the Hughes Glomar Explorer, after billionaire Howard Hughes was brought in on the CIA's deception, the 619- foot vessel eventually became part of the fleet of ships used by Swiss company...
Source: Reuters | By: John Miller
GLOBAL ECONOMY-U.S. and euro zone business improves, Asia a concern

JPMorgan's Global All-Industry Output Index, produced with private data vendor Markit, held steady at July's 53.7 last month and has been above the 50 mark that divides growth from contraction since October 2012. Markit's global service sector purchasing managers index rose to 54.4 in August from 54.1 in July, though on Tuesday the world manufacturing PMI...
Source: Reuters | By: Jonathan Cable and Clive McKeef
Backpack makers rethink a student staple

As students shift to gadgets over textbooks, backpack makers in the $2.7B industry are rethinking packs, the New York Times reports.
Source: The New York Times | By: Hiroko Tabuchi
Samsung's new smartwatch ups the app ante

Samsung revealed Thursday that its smartwatch will be compatible with several Android devices rather than just its own phones and is launching with more than 1,000 apps.
Source: CNBC.com | By: Arjun Kharpal
Car brands plans for Apple CarPlay, Google's Android Auto

Audi: Apple CarPlay and Android Auto will be available on the Q7 SUV, which goes on sale early next year. Buick: CarPlay and Android Auto will be offered during the 2016 model year on the Regal and LaCrosse sedans. GMC: CarPlay and Android Auto will be offered on the Sierra, Sierra HD, Canyon and Yukon during the 2016 model year.
Source: The Associated Press | By: By The Associated Press
Apple, Google bring smartphone functions to car dashboards

The Associated Press recently tried out both systems on a 2016 Honda Accord. "Anything that takes your attention away from the task of driving is not something you want to engage in," said Kathy Lane, a spokeswoman for the National Safety Council, a nonprofit organization created by Congress to promote safety. Neither system has been tested yet by the Insurance...
Source: The Associated Press | By: By RYAN NAKASHIMA, AP Business Writer
Europe ends sharply higher after Draghi raises QE hopes

European markets ended sharply higher on Thursday as the European Central Bank hinted that its asset-purchase program would be increased.
Source: CNBC.com | By: Jenny Cosgrave
These hedge funds prospered in market tumult

Not all hedge funds are getting crushed in the recent downturn, some are even prospering, the New York Times reports.
Source: The New York Times | By: Alexandra Stevenson and Matthew Goldstein