Business Today: Stock futures dip ahead of data, key indexes stall

		Click to View in Browser 08/15/2012 Stock futures dip ahead of data, key indexes stall NEW YORK (Reuters) - Stock index futures edged lower on Wednesday ahead of several reports which may provide insight on the health of the domestic economy. Consumer inflation muted in July WASHINGTON (Reuters) - Consumer prices were flat in July for a second straight month and the year-over-year increase was the smallest since November 2010, giving the Federal Reserve room for further monetary stimulus to tackle stubbornly high unemployment. Staples cuts outlook on weak global demand (Reuters) - Staples Inc reported lower-than-expected quarterly results on weak demand in North America, Europe and Australia, prompting the largest U.S. office supply chain to cut its profit and sales forecasts for the year. Target posts flat profit as it gets ready for Canada (Reuters) - Target Corp posted a higher-than-expected quarterly profit and raised its full-year forecast on Wednesday, as it won over shoppers with an expanded selection of food in many stores and discounts for its loyal cardholders. Carlyle Group to buy Getty Images for $3.3 billion (Reuters) - Private equity firm Carlyle Group LP will form a partnership with the management of Getty Images to buy Getty Images Inc from Hellman & Friedman for $3.3 billion, the companies said on Wednesday. Standard Chartered works on joint deal with U.S. agencies LONDON (Reuters) - Standard Chartered is pursuing a collective settlement with other U.S. authorities after speedily agreeing to pay $340 million to New York's financial regulator, which broke ranks with early revelations that the bank hid banned Iranian transactions. Exxon, Shell-led group win $10 billion Ukraine gas project KIEV (Reuters) - Ukraine has selected a consortium led by ExxonMobil and Royal Dutch Shell to develop its Skifska gas and oil field in the Black Sea, a government minister said on Wednesday. China's Wen says economy still under pressure BEIJING (Reuters) - China's economy faces big headwinds though cooling inflation is giving the government more leeway to maneuver monetary policy, Premier Wen Jiabao was quoted by state media as saying on Wednesday. JPMorgan's "whale" problem lures hedge-fund sharks BOSTON (Reuters) - JP Morgan Chase's "London whale" problem attracted some hedge-fund sharks in the second quarter. Big retailers team up on mobile payments plan (Reuters) - Big retailers such as Wal-Mart Stores, Target Corp and Japan's 7-Eleven said on Wednesday that they are developing a mobile payment network, adding to the proliferation of options to let consumers pay with smartphones. Related Video U.S. Morning Call: Investment managers go for JPM, Facebook Breakingviews: StanChart settlement puzzling Economic News Consumer inflation muted in July Top farm lender worried by drought, politics 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend