Economy gaining momentum, housing shows a pulse | December 29, 2011 03:14 PM ET | WASHINGTON (Reuters) - New U.S. claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum as the year ended. | Full Article | Pending home sales rise to 1.5 year high | December 29, 2011 10:37 AM ET | WASHINGTON (Reuters) - Pending sales of existing homes surged to a 1-1/2 year high in November, an industry group said on Thursday, offering more signs of a tentative recovery in the housing market. | Full Article | Italy seeks bigger euro fund after tough debt sale | December 29, 2011 01:46 PM ET | MILAN/ROME (Reuters) - Italian Prime Minister Mario Monti sought reinforcement for the euro zone's bailout fund and pledged new efforts to boost the economy after a disappointing bond auction on Thursday underlined the threat to the country's shaky public finances. | Full Article | | | US TOP NEWS | Russia battles fire on nuclear submarine | December 29, 2011 02:43 PM ET | MOSCOW (Reuters) - Russia used helicopters and tugboats to battle a fire that engulfed a nuclear submarine docked at a shipyard on Thursday, but emergency officials said radiation levels were normal. | Full Article | Turkey acknowledges killing civilians in Iraq strike | December 29, 2011 02:29 PM ET | ANKARA (Reuters) - Turkish warplanes killed 35 civilian smugglers in northern Iraq after mistaking them for Kurdish militants, Ankara's ruling party said on Thursday, promising not to allow a cover-up of an incident that threatens to wreck relations with minority Kurds. | Full Article | Alibaba hires U.S. lobbying firm as it eyes Yahoo | December 28, 2011 11:21 PM ET | (Reuters) - Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo Inc in the event that talks to unwind their Asian partnership fail. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. 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 | | ODDLY ENOUGH | | | |
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