Business Today: U.S. economy rebounds strongly in second quarter

		Click to View in Browser 07/30/2014 U.S. economy rebounds strongly in second quarter WASHINGTON (Reuters) - U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, which could bolster views for a stronger performance in the last six months of the year. Futures up ahead of GDP data; Twitter soars in premarket NEW YORK (Reuters) - U.S. stock index futures rose on Wednesday as investors sought bargains following a period of weakness and looked ahead to data on economic growth and comments from the Federal Reserve following its latest policy meeting. Carlyle's second-quarter earnings double (Reuters) - Carlyle Group LP said Wednesday its second-quarter earnings doubled from a year earlier as it continued to sell parts of its private equity portfolio and one of its European buyout funds started paying performance fees. Exclusive: Upstart trading venue IEX may prompt U.S. market rule change NEW YORK (Reuters) - U.S regulators may relax rules that require the fastest possible execution of securities trades, potentially helping upstart trading venue IEX Group's plans to become a full-fledged stock exchange. Argentine debt talks go down to the wire to avert default BUENOS AIRES (Reuters) - Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing either to cut a deal by the end of the day with "holdout" investors suing it or to win more time from a U.S. court to reach a settlement. Sprint first-quarter revs top estimate as network upgrade progresses WASHINGTON (Reuters) - Sprint Corp reported higher-than-expected first-quarter revenue on Wednesday, as the company expanded its high-speed coverage and came closer to completing a network upgrade that had caused a massive drop in customers. Thomson Reuters reports rise in revenue, profit (Reuters) - Thomson Reuters Corp on Wednesday reported a higher-than-expected profit on a 1 percent rise in revenue on growth in its Legal and Tax & Accounting divisions. Two former senior Murdoch editors charged over UK phone-hacking LONDON (Reuters) - Two more senior journalists from Rupert Murdoch's defunct British tabloid the News of the World have been charged with phone-hacking, prosecutors said on Wednesday, weeks after the paper's former editor was jailed for the crime. China July official PMI seen hitting eight-month high BEIJING (Reuters) - Activity in China's vast factory sector likely expanded at the fastest pace in eight months in July, a Reuters poll showed on Wednesday, adding to evidence that the economy is regaining momentum after a burst of government stimulus measures. Euro zone sentiment improves, overcoming Ukraine crisis concern BRUSSELS (Reuters) - Euro zone economic sentiment unexpectedly improved in July despite the deepening crisis between the West and Russia over Ukraine, data showed on Wednesday, and inflation expectations among consumers and companies edged up. Related Video Breakingviews: Barclays stays on rails China's drone king says the revolution depends on regulators Economic News U.S. economy rebounds strongly in second quarter U.S. private sector adds 218,000 jobs in July: ADP 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