|              |   | Economy gaining momentum, housing shows a pulse |   | December 29, 2011 03:14 PM ET |   | WASHINGTON (Reuters) - New U.S. claims for jobless benefits rose  last week but the underlying trend pointed to an improving labor  market, while regional factory data showed the economy gaining  momentum as the year ended. | Full Article |    | Pending home sales rise to 1.5 year high |   | December 29, 2011 10:37 AM ET |   | WASHINGTON (Reuters) - Pending sales of existing homes surged  to a 1-1/2 year high in November, an industry group said on  Thursday, offering more signs of a tentative recovery in the  housing market. | Full Article |    | Italy seeks bigger euro fund after tough debt sale |   | December 29, 2011 01:46 PM ET |   | MILAN/ROME (Reuters) - Italian Prime Minister Mario Monti sought  reinforcement for the euro zone's bailout fund and pledged new  efforts to boost the economy after a disappointing bond auction  on Thursday underlined the threat to the country's shaky public  finances. | Full Article |  |    |   |  |   | US TOP NEWS |    | Russia battles fire on nuclear submarine |   | December 29, 2011 02:43 PM ET |   | MOSCOW (Reuters) - Russia used helicopters and tugboats to battle  a fire that engulfed a nuclear submarine docked at a shipyard  on Thursday, but emergency officials said radiation levels were  normal. | Full Article |    | Turkey acknowledges killing civilians in Iraq strike |   | December 29, 2011 02:29 PM ET |   | ANKARA (Reuters) - Turkish warplanes killed 35 civilian smugglers  in northern Iraq after mistaking them for Kurdish militants,  Ankara's ruling party said on Thursday, promising not to allow  a cover-up of an incident that threatens to wreck relations  with minority Kurds. | Full Article |    | Alibaba hires U.S. lobbying firm as it eyes Yahoo |   | December 28, 2011 11:21 PM ET |   | (Reuters) - Alibaba Group has hired a Washington lobbying firm  in a sign that the Chinese e-commerce company would be willing  to make a bid for all of Yahoo Inc in the event that talks to  unwind their Asian partnership fail. | Full Article |  |    |   |  |   | HEALTH NEWS |  |  |   |   |  |   | RELATED VIDEO |   |  |  |    |  |   |   |  |   | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |    |  |   | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. 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 |    |    |  |   | ODDLY ENOUGH |   |  |  |  | 
 
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