Business Today: U.S. housing recovery rolls on as groundbreaking rises

		Click to View in Browser 10/17/2014 U.S. housing recovery rolls on as groundbreaking rises WASHINGTON (Reuters) - U.S. housing starts and permits rose in September, a signal the market's modest recovery is supporting what appears to be growing strength in the broader economy. Futures jump on Fed speculation, results NEW YORK (Reuters) - U.S. stock index futures jumped on Friday following a batch of solid earnings reports and on hopes the Federal Reserve might slow the wind-down of its stimulus in light of recent weakness in global demand. GE profit tops estimates as cost cuts drive margins (Reuters) - General Electric Co reported a slightly higher-than-expected quarterly profit on Friday, as cost cuts that helped boost margins across its industrial businesses offset revenue that fell below analysts' targets. Morgan Stanley profit jumps 87 percent as trading activity rebounds (Reuters) - Morgan Stanley reported an 87 percent rise in third-quarter earnings on Friday as the Wall Street bank's trading, investment banking and wealth management businesses benefited from increased client activity and a hot equity market. Goldman curbs bankers' compensation even as revenue surges NEW YORK (Reuters) - Top Goldman Sachs Group Inc executives are determined to keep compensation costs under control. And that means even when the bank's revenue spikes higher, bankers' bonuses won't. Google's revenue falls short despite curbing price declines SAN FRANCISCO (Reuters) - Google Inc's revenue fell short of Wall Street's expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent. Credit Suisse shakes up investment bank unit with new bosses ZURICH (Reuters) - Credit Suisse appointed two new investment banking bosses on Friday and promoted them to its top ranks, a move likely to raise fresh questions over its appetite to scale back a unit hit by volatility and lackluster profits. Apple's new iPads sport modest upgrades but short on 'wow' CUPERTINO Calif. (Reuters) - Apple Inc's faster, slimmer iPads come with modest improvements, such as a fingerprint sensor, but some analysts say it offers few other features to wow consumers ahead of a holiday shopping season expected to be swamped by mobile devices. Airbus to cut A330 production rate in 2015 BERLIN (Reuters) - Planemaker Airbus will cut production rates of its A330 plane to nine a month from 10 in the fourth quarter of 2015 as it switches to a revamped version of the jet, the A330neo. Japan to roll out aerospace hope with first commercial jet in half a century TOKYO/SINGAPORE (Reuters) - Mitsubishi Aircraft will roll out Japan's first commercial jet in more than 50 years on Saturday, amid doubts its ambition to sell more than 2,000 of the planes can match reality in the market segment. Related Video Breakingviews: More is less for CS Setting up in Myanmar no 'Mickey Mouse' for multinationals Economic News Citing U.S. values, Yellen says greatly concerned by rise in economic inequality U.S. housing recovery rolls on as groundbreaking rises 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