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Wednesday, September 3, 2014

Business Today: Futures higher on Ukraine, Russia optimism

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09/3/2014
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Futures higher on Ukraine, Russia optimism
NEW YORK (Reuters) - U.S. stock index futures rose on Wednesday, on hopes a resolution would be reached between Ukraine and Russia and ahead of the latest batch of data which could provide insight on the health of the economy.
U.S. mortgage applications rise in latest week: MBA
NEW YORK (Reuters) - Applications for U.S. home mortgages rose last week as interest rates declined, an industry group said on Wednesday.
U.S. bank regulators set to adopt liquidity, swaps margin rules
WASHINGTON (Reuters) - U.S. bank regulators plan to adopt on Wednesday rules forcing big banks to hold more assets that they could sell easily in a credit crunch, a requirement that is closely linked to the experience of the 2007-2009 financial crisis.
Chrysler, Nissan U.S. August sales sizzle, top expectations
DETROIT (Reuters) - Chrysler Group, a unit of Fiat SpA , handily beat analysts' expectations by showing a 20 percent gain in U.S. auto sales for August, and forecast a stronger-than-expected month for the full industry.
Home Depot says probing 'unusual activity' after data breach report
(Reuters) - Home Depot Inc said on Tuesday it was working with law enforcement to investigate "some unusual activity" related to customer data but that it could not confirm if it had become the latest retailer to be hit by a large-scale security breach.
EU regulators fine Infineon, Samsung, Philips 138 million euros
BRUSSELS (Reuters) - European Union antitrust regulators fined Philips, Samsung Electronics and Infineon Technologies a total of 138 million euros ($181.28 million) on Wednesday for fixing prices of chips used in mobile SIM cards.
BP asks court to remove claims administrator in Gulf spill case
HOUSTON (Reuters) - BP Plc asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict of interest before taking the job.
Celebrity hacking clouds Apple's upcoming product launch
SAN FRANCISCO (Reuters) - Apple Inc has often displayed uncanny timing, with its well-orchestrated end-of-year iPhone releases. But the leak of racy celebrity photos in the past few days put the company in the unusual position of having to mend its image just days before a highly anticipated Sept. 9 product launch.
U.S. SEC charges Houston adviser with not disclosing fund payments
(Reuters) - A Houston-based investment advisory firm steered clients to certain mutual funds without disclosing that it was receiving payments from the broker who offered those funds, the U.S. Securities and Exchange Commission alleged in a civil fraud complaint on Tuesday.
Audi expects to sell more than 1.7 mln cars in 2014 - CEO
MARBELLA Spain (Reuters) - Premium car maker Audi expects to sell more than 1.7 million cars in 2014 even as sales momentum in some emerging markets slows, Chief Executive Rupert Stadler said.
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