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Thursday, December 11, 2014

Business Today: U.S. jobless claims fall; continuing claims up

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U.S. jobless claims fall; continuing claims up
WASHINGTON, Dec 11 (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to a strengthening labor market.
Solid U.S. retail sales point to brisk consumer spending
WASHINGTON, Dec 11 (Reuters) - U.S. consumer spending advanced at a brisk clip in November as lower gasoline prices gave the holiday shopping season a boost, offering the latest sign of underlying momentum in the economy.
Futures up as oil bounces ahead of economic data
NEW YORK (Reuters) - U.S. stock index futures advanced on Thursday, putting the S&P on track to rebound after a three-day drop as oil prices bounced and ahead of a flurry of economic data.
Oil edges up toward $65, traders see more downside
LONDON (Reuters) - Oil edged higher on Thursday towards $65 a barrel helped by a weaker U.S. dollar, although prices remained close to a five-year low on signs that already ample supply will be even more plentiful in 2015.
Fed's debate shifts from lift-off to long march to normal
WASHINGTON (Reuters) - For the Federal Reserve, deciding when to raise rates for the first time in nearly a decade has become the easy part.
Airbus management seek to halt share price slide
BERLIN/PARIS (Reuters) - Airbus sought to reassure investors on Thursday by promising profit growth beyond 2017 and healthy dividends after its shares continued a slide begun on Wednesday when it warned of flat 2016 earnings.
Burger King to save millions in U.S. taxes in 'inversion': study
WASHINGTON (Reuters) - Fast food chain Burger King will avoid hundreds of millions of dollars in U.S. taxes if, as planned, it completes its pending buyout of Canadian coffee-and-doughnuts chain Tim Hortons, a tax activist group said on Thursday.
Wal-Mart says found China pricing discrepancies in 2011
(Reuters) - Wal-Mart Stores Inc said it discovered discrepancies in pricing and inventory at its China operations in 2011 and has since reinforced its compliance policies in the country.
Exclusive: Aston Martin looks to raise funds for new models - sources
PARIS/LONDON (Reuters) - Aston Martin is preparing to raise funds to expand its range of models into new areas including crossover SUVs, two sources with knowledge of the matter said, as the loss-making sports car maker steps up its turnaround efforts under a new boss.
Airbus sales chief campaigning for more A380 orders
BERLIN (Reuters) - Planemaker Airbus is working on four campaigns to sell more of its A380 super jumbo, its sales chief said on Thursday.
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