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Wednesday, March 5, 2014

Daily Investor Briefing: Weather restrains U.S. private...

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03/5/2014
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
Weather restrains U.S. private hiring, services sector growth
WASHINGTON (Reuters) - U.S. private employers added fewer workers than expected in February and services sector growth hit a four-year low, the latest signs of the economic toll severe weather is taking.
Wall Street ends little changed; eyes on Ukraine
NEW YORK (Reuters) - U.S. stocks closed little changed on Wednesday as investors shrugged off soft data on jobs and the services sector while keeping an eye on developments in Ukraine.
SEC orders New York firm to pay record $7.2 million sanction
WASHINGTON (Reuters) - A New York proprietary trading firm and its owner will pay $7.2 million to settle civil charges in what U.S. regulators said on Wednesday marks the largest sanction they have ever imposed for certain short-selling violations.
Online sleuthing by Mt. Gox dispossessed throws up few clues
SINGAPORE (Reuters) - Some of those who have lost bitcoins in the collapse of Mt. Gox have turned to internet sleuthing to find out where their money has gone - but they're unlikely to have much luck.
Yellen commits Fed to boost still-weak U.S. economy
NEW YORK (Reuters) - Federal Reserve Chair Janet Yellen vowed on Wednesday to do all that she can to boost a U.S. economy that is running well short of the central bank's objectives.
U.S. top court rules against Argentina in arbitration fight
WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday reinstated a $185.3 million arbitration award British company BG Group Plc won against Argentina before an appeals court threw it out.
Slow Dodge Dart sales prompts temporary layoffs at Chrysler plant
DETROIT (Reuters) - Poor sales of the compact Dodge Dart led to a week of layoffs for 325 workers at the Fiat Chrysler Automobiles plant in Belvidere, Illinois, a company spokeswoman said on Wednesday.
U.S. businessman convicted in DuPont economic espionage case
SAN FRANCISCO (Reuters) - A U.S. jury on Wednesday convicted a California businessman of stealing DuPont trade secrets to help a state-owned Chinese company develop a white pigment used in a wide range of products.
China rural mini-bank run exposes perils of deregulation
YANCHENG, China (Reuters) - Depositors wanting to withdraw money from a rural bank in eastern China's prosperous Jiangsu province ahead of the Lunar New Year holiday found the doors locked, their money gone and employees offering a simple explanation.
BoE minutes reveal currency rigging fears first raised in 2006
LONDON (Reuters) - The Bank of England revealed on Wednesday that allegations of rigging of world currency markets had been flagged as far back as mid-2006 as it suspended a staff member as part of a probe into what it knew about the alleged manipulation.
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