Key jobs report due out this morning
The Labor Department will release September’s jobs report at 8:30 am EST; it is likely to affect Federal Reserve policy at the end of this year. Analysts expect the data will show a pick-up in hiring in October after slower job growth in September and August. Update: The Bureau of Labor Statistics said nonfarm payrolls grew by 271,000 positions last month. The unemployment rate dropped to 5%.
Another automaker drops Takata
Toyota said Friday morning that it will no longer buy airbag-inflation devices from Takata, following the lead of Honda and Mazda. Takata shares are down 40% this week.
Twitter responds to diversity concerns
A lead engineer at Twitter responded on Medium — the crisis-response platform du jour — about a former employee’s essay on a lack of diversity at the company. "I want Twitter to be a place where all employees feel comfortable raising questions about diversity," said Alex Roetter, SVP of engineering at Twitter. "That hasn’t always been the case, which is unacceptable."
Adidas takes on offensive mascots
The world’s number two maker of athletic gear said Thursday that it will give financial assistance to any high school willing to drop its Native American mascot, not to mention helping it design a new logo and uniforms. President Obama approves.
Investigations could spread to other energy companies
Other oil and gas companies could find themselves as the subject of state or federal investigations, as Exxon Mobil has by New York’s attorney general on its climate change record, according to The New York Times.
Clinton on Kimmel
Democratic frontrunner Hillary Rodham Clinton appeared on Jimmy Kimmel Live on Thursday night, joking about what former President Bill Clinton would be called if she wins next November. She got in a soft jab at Jeb Bush’s floundering campaign, saying, "Running for president is really hard."
Airline exec will be back early next year
United Continental CEO Oscar Munoz will return to work in the first quarter of next year, the airline said on Thursday. He suffered a heart attack last month. Munoz’s predecessor, Jeff Smisek, resigned abruptly in September.
Also in politics…
New Jersey Governor Chris Christie and former Arkansas Governor Mike Huckabee have been dropped from the main stage at the next Republican debate on Tuesday on Fox Business Network. Aides to GOP frontrunner Ben Carson are pushing back against a CNN story on his background. The Democrats will share the stage with MSNBC’s Rachel Maddow tonight at a forum in South Carolina.