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Thursday, October 9, 2014

Business Today: U.S. jobless claims fall, point to labor market strength

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U.S. jobless claims fall, point to labor market strength
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market.
Futures point to lower open on growth worries
NEW YORK (Reuters) - U.S. stock index futures pointed to a lower Wall Street open on Thursday, with earlier gains erased as concerns about global growth spurred investors to take profit following a massive advance in the previous session.
PepsiCo profit grows, boosts outlook for year; shares rise
NEW YORK (Reuters) - PepsiCo Inc raised its full-year earnings forecast and said snack sales helped its quarterly profit beat expectations, sending its shares up more than 1 percent in premarket trading.
Fidelity attacked by JPMorgan hackers, no data stolen: FT
(Reuters) - Fidelity Investments was among 13 financial institutions attacked by hackers who are believed to have been responsible for a breach at JPMorgan Chase, but there is no indication that Fidelity customer data were stolen, the Financial Times reported on Thursday.
German recession fears mount as exports plunge
BERLIN (Reuters) - German exports plunged in August by their largest amount since the height of the financial crisis and leading institutes slashed their forecasts for growth, fuelling a debate on whether Berlin is doing enough to prop up Europe's economy and its own.
GT Advanced asks bankruptcy court to keep documents secret
(Reuters) - Apple Inc supplier GT Advanced Technologies Inc asked a U.S. bankruptcy court to keep under seal some key documents relating to a third party, saying this would allow it to avoid paying damages under confidentiality agreements.
Audi sells fewer cars than Mercedes as competition intensifies
BERLIN (Reuters) - Audi sold fewer cars than rival Mercedes-Benz for the first time this year in the latest sign that the sales rivalry among Germany's top luxury automakers is intensifying.
U.S. Fed frets over strong dollar, global woes: minutes
WASHINGTON/NEW YORK (Reuters) - Federal Reserve officials want to tie an interest-rate rise to U.S. economic progress, but the minutes of their last policy meeting show they are struggling with how to come to grips with the dual threats of a stronger dollar and a global slowdown.
Stocks roar Fed approval; dollar, bond yields wilt
LONDON (Reuters) - World stock markets roared their approval on Thursday of reassurances the U.S. Federal Reserve will not rush into raising interest rates, with risk appetite flooding back into almost every asset class.
Facebook has no near-term plan to monetize WhatsApp: CEO
NEW DELHI (Reuters) - Facebook Inc , which closed its acquisition of mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, Chief Executive Mark Zuckerberg said on Thursday.
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