Business Today: Futures point to lower Wall Street open, Nike gains early

		Click to View in Browser 06/27/2014 Futures point to lower Wall Street open, Nike gains early NEW YORK (Reuters) - U.S. stock index futures pointed to a lower open on Wall Street Friday, with major indexes largely on track to close out a week of modest losses as investors grew cautious over the state of economic growth. GM recalls 194,107 Buicks in China due to headlight issue SHANGHAI (Reuters) - A joint venture of General Motors Co in China will recall 194,107 locally made Buick vehicles due to Chinese consumer complaints about the cars' headlights, the country's quality watchdog said on Friday. Exclusive: Air bag accident, lawsuit led to GM Cruze recall DETROIT/NEW YORK (Reuters) - An accident that left a Georgia woman blind in one eye and a subsequent lawsuit led to General Motors Co's recall of about 33,000 Chevrolet Cruze sedans in North America for potentially defective air bags made by Takata Corp. Japan jobless rate hits 16-year low, signals spending rebound ahead TOKYO (Reuters) - Japan's unemployment rate hit a 16-year low in May, suggesting the economy will rebound in the third quarter from a sales tax hike and consequent slump in consumer spending. Glencore denies media claim it avoided Australia taxes SYDNEY (Reuters) - Glencore, one of the world's biggest mining and trading houses, on Friday denied claims by an Australian newspaper that its coal division had paid no taxes in Australia in the past three years on income of A$15 billion ($14.10 billion). Obama administration expands affordable housing plan WASHINGTON (Reuters) - The Obama administration said on Thursday it would tap Treasury funds to bolster the construction of affordable rental housing and extend the life of a program aimed at helping homeowners avoid foreclosure. Senators urge inquiry into Commonwealth Bank finance planning scandal SYDNEY (Reuters) - A Senate committee report has recommended an independent inquiry into a financial planning scandal at the Commonwealth Bank of Australia (CBA) , with the bank accused of covering up misconduct that left thousands of its customers without their savings. Exclusive: Airbus poised to revamp A330 with Rolls-Royce PARIS (Reuters) - Airbus is set to upgrade its A330 with engines provided exclusively by Rolls-Royce, setting the stage for a bitter new phase in a battle for wide-body jet orders with Boeing's 787 Dreamliner, people familiar with the matter said. Action camera-maker GoPro makes picture-perfect debut (Reuters) - Shares of GoPro Inc, a maker of cameras used by surfers, skydivers and other action junkies to record and post their exploits online, rose as much as 38 percent in their market debut. Banks withdraw from Barclays' dark pool: FT (Reuters) - Big banks have started pulling their business out of Barclays' dark pool, after the British bank was sued by New York's top securities regulator for allegedly misleading institutional investors over its anonymous trading venue, The Financial times reported. Related Video World Cup: Who'll make the Quarter Finals? Breakingviews: EU can move past unneeded Juncker drama Economic News Japan jobless rate hits 16-year low, signals spending rebound ahead Euro zone economic sentiment slumps in June 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