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Friday, January 4, 2013

Business Today: Stock futures add gains after jobs report

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01/4/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Stock futures add gains after jobs report
NEW YORK (Reuters) - Stock futures added gains on Friday after the latest jobs report showed the pace of hiring by U.S. employers eased slightly in December, pointing to a lackluster pace of economic growth that was unable to make further inroads in the country's still high unemployment rate.
Job growth cools slightly, recovery grinds on
WASHINGTON (Reuters) - The pace of hiring by U.S. employers eased slightly in December, pointing to a lackluster pace of economic growth that was unable to make further inroads in the country's still high unemployment rate.
Global shares, oil slip on Fed stimulus nerves
LONDON (Reuters) - World shares edged lower and the dollar rose before U.S. jobs data on Friday which investors will watch more intensely than usual after the Federal Reserve linked future stimulus to labor market performance.
Signs of hope for euro zone, but new worry for UK
LONDON (Reuters) - Tentative signs the euro zone may have passed the worst of its downturn emerged in December but business surveys also suggested Britain's economy tipped back into contraction in the final months of 2012.
Swiss bank Wegelin to close after guilty plea
NEW YORK (Reuters) - Wegelin & Co, the oldest Swiss private bank, said on Thursday it would shut its doors permanently after more than 2 1/2 centuries, following its guilty plea to charges of helping wealthy Americans evade taxes through secret accounts.
Exclusive: U.S. senators call for probe into coal export sales
WASHINGTON (Reuters) - Two top U.S. senators are calling for the Interior Department to investigate whether coal companies stand to short taxpayers hundreds of millions of dollars on export sales.
EU says its Google case not affected by U.S. ruling
BRUSSELS (Reuters) - A decision by U.S. regulators to end a probe into whether Google Inc hurt rivals by manipulating internet searches will not affect the European Union's examination of the company.
Repsol to sue Bridas over YPF shale deal
MADRID (Reuters) - Spain's Repsol said it will take legal action against Bridas International over the Argentine company's deal to develop shale resources with local state-controlled energy firm YPF .
Regulators to ease up on banks to get credit flowing: source
LONDON (Reuters) - Banks will get more time to build up cash buffers to protect against market shocks under a rule change that could help free up credit for struggling economies, a European regulatory source said.
Insight: "Fiscal cliff" fracas: From smiles to distrust to rancor
On November 16, after their first "fiscal cliff" session with President Barack Obama, the four leaders of Congress had stood in the driveway of the White House shoulder-to-shoulder for what is a rare photo these days, Republicans and Democrats together, smiling.
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