Daily Investor Briefing: U.S. second-quarter growth strengthens...

	Click to View in Browser 08/28/2014 U.S. second-quarter growth strengthens WASHINGTON (Reuters) - The U.S. economy rebounded more strongly than initially thought in the second quarter with a bigger chunk of the growth driven by domestic demand in a bright sign for the future. Wall Street edges lower on Ukraine; data softens decline NEW YORK (Reuters) - U.S. stocks edged lower on Thursday after the latest spark of tensions between Ukraine and Russian forces, snapping investors' focus back on the volatile region, but the latest batch of U.S. economic data helped curb losses. Pending home sales point to stronger market WASHINGTON (Reuters) - Americans signed more contracts in July to buy previously-owned homes than in any month in almost a year, suggesting the housing market was pulling out of its slump more quickly than expected. Benmosche says he sped up exit amid year-to-live prognosis: Bloomberg (Reuters) - Robert Benmosche, the outgoing Chief Executive of American International Group Inc , sped up his exit from the insurer after learning that he had at most a year to live, Bloomberg reported. Microsoft CEO Nadella to visit China amid antitrust probe: source BEIJING/SEATTLE (Reuters) - Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, the company said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company. Telefonica prevails in battle for Vivendi's Brazil unit GVT PARIS (Reuters) - French media company Vivendi picked Telefonica for exclusive talks over the sale of its Brazilian broadband unit GVT, spurning a rival bid from Telecom Italia . Dollar General margins fall in tough discount market (Reuters) - Dollar General Corp reported lower margins and slower-than-expected growth in quarterly same-store sales, reinforcing the need for consolidation among deep-discount retailers as it vies to take over its closest rival. JPMorgan probes possible cyber attack; reports other banks hit (Reuters) - JPMorgan Chase & Co is investigating a possible cyber attack and working with law enforcement authorities to determine the scope, a company spokeswoman said on Thursday morning. IMF board likely to back Lagarde during French probe: sources WASHINGTON (Reuters) - The International Monetary Fund's board is likely to stand behind the global lender's leader, Christine Lagarde, who is facing a criminal investigation in France tied to a political corruption probe, sources close to the board said. ECB's Coeure says action needed for euro zone recovery ATHENS (Reuters) - Economic recovery in Europe requires action both on the demand and supply sides and persistence with structural reforms, European Central Bank Executive Board member Benoit Coeure said on Thursday. Related Video Ice sales soar on bucket challenge Who could be burnt by WHO's e-cigs move? Related News Ex-LPL broker ordered to pay $1.9 million in U.S. SEC fraud suit Lombard Odier breaks with tradition to publish results for first time 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