Business Today: Goldman Sachs trims partner list to help cut expenses

		Click to View in Browser 11/5/2012 Goldman Sachs trims partner list to help cut expenses (Reuters) - Goldman Sachs Group Inc has cut the number of employees it lists as partners to help streamline expenses. HSBC fears U.S. money laundering fines to top $1.5 billion LONDON (Reuters) - A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank said on Monday. Microsoft CEO expects volumes on Windows Phone to "ramp quickly" TEL AVIV (Reuters) - Microsoft Corp Chief Executive Steve Ballmer said Windows Phone 8 being launched with its partners would create a strong third player in the smartphone market and sell quickly. Stock futures little changed on eve of election NEW YORK (Reuters) - Stock index futures were little changed on Monday as traders awaited the election for president and members of Congress on Tuesday to place bets on sectors seen performing better under one or the other political party. GM secures $11 billion credit facility DETROIT (Reuters) - General Motors Co said it clinched an $11 billion revolving credit facility, further strengthening the largest U.S. automaker's balance sheet. Apple says sold three million iPads since Friday (Reuters) - Apple Inc said it sold three million iPads in the three days since Friday, when it launched the new iPad mini and the fourth-generation iPad. Global shares fall, dollar firms as U.S. election looms LONDON (Reuters) - World stocks fell and the dollar firmed on Monday as low-risk assets gained at the start of a week in which the United States elects a new president, China starts a leadership transition and Greece faces a fraught vote to secure fresh rescue funds. Analysis: Bond investors on edge no matter who wins U.S. election NEW YORK (Reuters) - Bond investors are, by nature, a cautious lot. Tesla reports wider loss, more Model S production (Reuters) - Tesla Motors Inc reported a bigger third-quarter loss on Monday as it ramped up production of its Model S sedan, and the electric carmaker maintained its 2012 revenue outlook. Sandy hit manageable for insurers: Hiscox LONDON (Reuters) - Superstorm Sandy won't put insurers' finances under severe strain, and may allow them to push through a profit-boosting rise in prices next year, Hiscox , the biggest London-listed reinsurer, said on Monday. Related Video U.S. Morning Call: Markets brace for election, fiscal cliff Market Pulse: UK PMI nudges QE door back open Economic News U.S. fiscal cliff, Europe's debt woes worry G20 Economists say jobs data to have little impact on U.S. elections: Reuters poll A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend