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Top 4 Business Stories of the Day

Samsung predicts better-than-expected quarterly earnings while?the Taiwanese phone maker HTC reports its first loss Twitter co-founder Evan Williams could take home the biggest jackpot once the company goes public. ROME (Reuters) - Telecom Italia new chief executive Marco Patuano has told a meeting of trade unions he will present a new business plan at a board meeting on November 7, a union official who was present said on Friday. Giorgio Serao, Fistel-Cisl union leader, also said a decision on the future of the company's South American units Tim Partecipacoes and Telecom Argentina will be outlined under the new plan. According to Serao, Patuano told unions that Telecom Italia's plan to spin off its Italian fixed-line network will depend on decisions by communications regulator Agcom and the government. ... DETROIT (Reuters) - General Motors Co has rolled out a new program to simplify the pricing discounts its employees and retirees receive when buying the U.S. automaker's cars and trucks. The program, launched Tuesday, simplified the complex and confusing structure previously used and was also expanded to include aunts, uncles, nieces and nephews, GM spokesman Jim Cain said. It also brings eligibility in line with programs offered by U.S. rivals Ford Motor Co and Chrysler Group, he said. ...

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