  | | | S&P 500 ends at highest since June '08 | | NEW YORK (Reuters) - The S&P 500 inched higher on Friday to close at the highest since before the collapse of Lehman Brothers in 2008, continuing a pattern of steady gains on signs of U.S. economic recovery. | | |  | | | Housing, confidence data bolster growth outlook | | WASHINGTON (Reuters) - New U.S. home sales fell in January but upward revisions to the prior months' data and a drop in the supply of properties on the market added to signs of a budding housing recovery. | | | |  | | | Greece launches long-awaited debt swap offer | | ATHENS (Reuters) - Greece formally launched a bond swap offer to private holders of its bonds on Friday, setting in motion the largest-ever sovereign debt restructuring in the hope of getting its messy finances back on track. | | | | | No G20 deal on IMF cash this weekend, pressure on Europe | | MEXICO CITY (Reuters) - The world's leading economic powers will not reach a deal this weekend to provide the IMF with more money to help ease the euro zone debt crisis because European leaders first need to do more themselves, officials said on Friday | | | |  | | | Fed says policy appropriate, few hints of new stimulus | | NEW YORK (Reuters) - Top Federal Reserve officials said on Friday the U.S. central bank's ultra-easy monetary policy is appropriate for a sluggish economy but one policymaker said further easing would only be warranted if conditions worsen. | | | |  | | | Penney's February sales down | | (Reuters) - J.C. Penney Co Inc's February sales are down from last year, its chief executive said on Friday, as the retailer tries to get shoppers used to a new pricing strategy that does not include the discounts that hurt margins. | | | | | Appeal verdict looms in aircraft subsidy dispute | | PARIS (Reuters) - The United States will find out next week whether it has succeeded in overturning a ruling that Boeing benefited from billions of dollars of subsidies -- the latest twist in a transatlantic row that shows no signs of abating after years of inconclusive wrangling. | | | | | New J&J CEO will need more than Band-Aid solutions | | CHICAGO/NEW YORK (Reuters) - Johnson & Johnson's new CEO will need to take bold steps to help the giant healthcare company repair its reputation following costly product recalls and oversee its biggest acquisition ever. | | | | | SEC's Paredes calls for new Volcker rule draft | | WASHINGTON (Reuters) - U.S. regulators should scrap a proposal on the Volcker rule that curbs banks' speculative bets, and work on a fresh one that does not threaten the health of markets, a member of the U.S. Securities and Exchange Commission said on Friday. | | | |  |  | | | 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 | |
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