PRESS DIGEST- New York Times business news - Oct 23

Reuters

Oct 23 (Reuters) - The following are the top stories on theNew York Times business pages. Reuters has not verified thesestories and does not vouch for their accuracy.

* Figures for unemployment and job creation in October andNovember will be skewed by the temporary disappearance ofhundreds of thousands of government workers and contractors,economists say. ()

* A Labor Department report showing lackluster hiring inSeptember - 148,000 jobs - is expected to further put off theFederal Reserve's decision to reduce its stimulus efforts.

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* Apple applications, which essentially duplicateMicrosoft Office and used to cost $10 each, will now be free toanyone who buys a new Apple device. ()

* A federal judge has ruled that Goldman Sachs mustpay the legal fees of a former computer programmer, SergeyAleynikov, accused of stealing code from the bank. ()

* SAC Capital Advisors will close its London office and cutsix portfolio management teams in the United States, the hedgefund's management revealed. ()

* Amazon.com Inc is expected to generate $75billion in revenue this year by putting its customers first.Tuesday, in a very rare move, it put its bottom line first bytightening the requirements for one of its most popular shippingmethods, Super Saver Shipping, which for over a decade maileditems free as long as the order met a $25 threshold. The newthreshold is $35. ()

* Federal gridlock over the debt ceiling could adverselyaffect the bottom lines of big Wall Street banks and firms, areport by Thomas DiNapoli, the New York State comptroller,asserts. ()

* The Internal Revenue Service plans to delay the start oftax-filing season by a week or two because of the governmentshutdown, the agency said on Tuesday. But taxpayers will stillhave to turn in their 2013 returns by April 15 as usual. ()

* A class-action suit by delivery workers at The WorcesterTelegram & Gazette prompted a judge to issue a temporaryinjunction preventing the sale of The Boston Globe. ()

* A recent court case has given the federal government achance to sidestep Congress and eliminate private equity'sbillion-dollar tax break. The question is whether the Obamaadministration takes up the fight. ()

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