Business Today: Stock futures point to lower open after weak GDP read

		Click to View in Browser 01/30/2013 Stock futures point to lower open after weak GDP read NEW YORK (Reuters) - Stock index futures pointed to a slightly weaker open on Wednesday following an unexpected contraction in fourth-quarter economic activity. Growth buckles on smaller inventories, weak government WASHINGTON (Reuters) - The U.S. economy unexpectedly contracted in the fourth quarter, suffering its first decline since the 2007-09 recession as businesses scaled back on restocking and government spending plunged. Boeing sees no big impact from 787 woes, profit beats NEW YORK (Reuters) - Boeing Co posted a stronger-than-expected profit on Wednesday as its backlog of orders rose, and said its 2013 forecast "assumes no significant financial impact" from the grounding of its 787 Dreamliner jet by regulators. Toyota to recall 1 million vehicles for airbag, wiper glitches TOKYO (Reuters) - Toyota Motor Corp will recall nearly 1.3 million cars globally for two separate defects, including 752,000 Corolla and Corolla Matrix vehicles in the United States to fix airbags that could be deployed inadvertently, the automaker said on Wednesday. Italy market watchdog defends role in Monte Paschi scandal SIENA, Italy (Reuters) - Italy's market regulator Consob joined the government and the Bank of Italy on Wednesday in defending its oversight of Monte Paschi as magistrates investigated allegations of bribery and accounting malpractice at the historic bank. Fed seen maintaining bond-buying, but divisions remain WASHINGTON (Reuters) - The Federal Reserve is expected to keep monetary policy on a steady path when it concludes a two-day meeting on Wednesday, though behind the scenes intensive debate continues over when the controversial bond-buying program should be curtailed. Chrysler Group earnings rise 68 percent on strong sales (Reuters) - Chrysler Group LLC reported a rise of 68 percent in fourth-quarter net income, to $378 million from $225 million a year ago, driven by higher vehicle sales in its home North American market. HSBC hires U.S. expert on drug cartels after Mexico lapses LONDON (Reuters) - HSBC is hiring a former U.S. deputy attorney general with a background in fighting drug cartels to help the global bank avoid a repeat of lapses in its anti-money-laundering controls that led to a $1.9 billion fine. Japanese airlines had Dreamliner battery issues before recent incidents TOKYO (Reuters) - Japan's two biggest airlines replaced below-par lithium-ion batteries on their Boeing Co 787 Dreamliners in the months before separate incidents led to the technologically advanced aircraft being grounded worldwide due to battery problems. Private sector adds more jobs than expected in January NEW YORK (Reuters) - Private-sector employers added 192,000 jobs in January, more than economists were expecting, in a sign of growth in the labor market, a report by a payrolls processor showed on Wednesday. Related Video Daily Digit: Spain's recession deepens India rate cut "a step in the right direction" Economic News Growth buckles on smaller inventories, weak government Private sector adds more jobs than expected in January 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