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Thursday, December 26, 2013

Business Today: Jobless claims fall in positive sign for labor market

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12/26/2013
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
Jobless claims fall in positive sign for labor market
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market.
Stock futures point to slight gains at open
NEW YORK (Reuters) - Stock index futures pointed to slight gains at the open on Thursday, suggesting the market's upward movement will continue, although trading was expected to be light following the Christmas holiday.
Surge of holiday packages delays UPS shipments
NEW YORK (Reuters) - A high volume of holiday packages overwhelmed shipping and logistics company UPS, the company said on Wednesday, delaying the arrival of Christmas presents around the globe and sending angry consumers to social media to vent.
Court rejects BP bid to require proof of Gulf oil spill losses
(Reuters) - BP Plc has failed to persuade a federal judge to require businesses seeking to recover money over the 2010 Gulf of Mexico oil spill to provide proof that their economic losses were caused by the disaster.
SoftBank in talks to acquire T-Mobile, discussing funding: sources
TOKYO (Reuters) - Japan's SoftBank Corp is in talks to acquire U.S. wireless carrier T-Mobile US Inc and is discussing funding for a deal with financial institutions, sources close to the matter said on Wednesday.
Slowdown in growth a concern for some BOJ policymakers: minutes
TOKYO (Reuters) - Bank of Japan policymakers broadly agreed the economic recovery will remain on track as an improving job market fuels consumer spending, but some expressed worry about the pace of growth, the minutes of the central bank's November meeting showed.
Japan's Mizuho chairman to step down over mob loans scandal
TOKYO (Reuters) - Mizuho Financial Group chairman Takashi Tsukamoto will quit in March to take responsibility for a scandal over loans to organized crime, and the bank will restructure its board to improve governance, it said on Thursday.
China cabinet report sees 2013 economic growth at 7.6 percent: Xinhua
SHANGHAI (Reuters) - China's economic growth is likely to come in at 7.6 percent this year, according to a cabinet report cited by the official Xinhua news agency, just above the government's target of 7.5 percent and slightly below last year's 7.7 percent.
Slovenian beer turns sour as state fire sale looms
LJUBLJANA (Reuters) - A decade ago, with Slovenia cruising towards membership of the European Union, a local brewery called Union caught the eye of Belgian beer giant Interbrew.
Exclusive: Target hackers stole encrypted bank PINs - source
BOSTON/NEW YORK (Reuters) - The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation.
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