Daily Investor Briefing: Solid U.S. retail sales point to...

	Click to View in Browser 12/11/2014 Solid U.S. retail sales point to firming economic recovery WASHINGTON (Reuters) - Jack Reed can see the recovery taking hold at his family's 109-year-old clothing store in Tupelo, Mississippi, with sales buoyed in part by the paychecks tied to a Toyota plant up the road and rising confidence that the jobs are here to stay. Wall Street ends up after upbeat data, but off highs NEW YORK (Reuters) - U.S. stocks ended higher on Thursday as data pointed to a strengthening U.S. economy and boosted optimism about holiday spending. Oil steadies on U.S. economic data; U.S. crude near $60 support NEW YORK (Reuters) - Oil prices stabilized near five-year lows on Thursday as robust U.S. consumer spending data boosted investor optimism about the world's largest economy, while traders warned that a bottom for crude remained elusive after a six-month selloff. U.S. insider trading ruling roils prosecutors, SEC NEW YORK/WASHINGTON (Reuters) - Some defendants who previously pleaded guilty to insider trading charges will try to withdraw their pleas, their lawyers said, as U.S. authorities scrambled Thursday to respond to an appellate court ruling which chipped away at the foundations of a series of recent convictions. Fiat Chrysler says no plan to move Ferrari's tax base outside Italy MILAN (Reuters) - Fiat Chrysler Automobiles (FCA) has denied a media report saying it was considering a move in the tax residence of its Ferrari luxury sportscar unit outside Italy. 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. Brazilian engineering executives charged in Petrobras scandal CURITIBA, Brazil (Reuters) - Brazilian prosecutors on Thursday formally charged executives from six of the country's largest engineering firms with forming a cartel to funnel kickbacks from state-run oil firm Petrobras to the ruling political party and its allies. Merrill raises broker bonuses for new accounts and assets NEW YORK (Reuters) - Merrill Lynch told its 14,000 brokers on Wednesday they will get higher bonus payments in 2015 for attracting new clients and assets but eliminated pay for servicing clients with less than $250,000. Ford reboots touch-screen system with new Sync 3 DETROIT (Reuters) - Ford Motor Co hopes to get a fresh start and erase bad memories for some owners when it launches the new version of its in-car, interactive touch-screen system next fall. 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. Related Video Deep discounts could hurt margins-Wendy Liebmann Google closes Spanish news service Related News Swiss charge ex-HSBC staffer with industrial espionage Congress' no-bailout pension plan is no solution for retirees 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