  | | | Wall St ends higher on jobless claims | | NEW YORK (Reuters) - Wall Street stocks rose on Thursday after data showed the U.S. labor market remained on the mend, but the market once again stalled as it approached peaks not seen since before the 2008 collapse of Lehman Brothers. | | |  | | | Jobless claims hold steady at 4-year low | | WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits last week held at the lowest level since the early days of the 2007-2009 recession, signaling that the battered labor market is healing. | | | |  | | | Apple ponders cash, caves on board-vote proposal | | CUPERTINO, California (Reuters) - Apple Inc on Thursday adopted a measure long desired by investors and corporate governance activists, granting its shareholders a bigger say in the appointment of directors to the board of the world's largest technology company. | | | | | AIG posts huge 4th-quarter profit on tax benefit | | (Reuters) - Bailed-out insurer American International Group reported a profit of $19.8 billion for the fourth quarter, after an accounting determination that it is likely to post future profits let it release the value of some tax benefits. | | | |  | | | Insight: Bankers escape big penalties in FDIC failed bank cases | | WASHINGTON (Reuters) - Like many banks engulfed by the mortgage crisis, First National Bank of Nevada specialized in risky home loans that didn't require borrowers to prove their incomes. When the housing bubble burst, First National got crushed in 2008 under the weight of bad loans that it could no longer resell to investors. | | | | | P&G to cut about 10 percent of non-manufacturing jobs | | BOCA RATON, Florida (Reuters) - Procter & Gamble Co plans to cut a total of 5,700 nonmanufacturing jobs as part of a new plan to reduce costs by $10 billion by the end of fiscal 2016, Chief Executive Officer Bob McDonald said on Thursday. | | | | | U.S. blocks yakuza godfather from its markets | | WASHINGTON (Reuters) - The United States on Thursday moved to block seven international organized crime leaders from the country's financial markets, including a Japanese yakuza godfather and key members of a gang operating in four continents. | | | | | Gap quarterly profit falls 40 percent | | (Reuters) - Gap Inc's quarterly profit fell 40 percent as the clothes retailer had to discount heavily in the holiday quarter to get customers to shop at its stores. | | | |  | | | Sears quells liquidity, not retail, fears | | (Reuters) - Sears Holdings Corp plans to raise about $770 million spinning off a business of about 1,250 stores and selling some prime real estate, hoping to convince Wall Street that the struggling chain has enough assets to tap to pay down debt. | | | |  | | | Greece sets stage for Friday bond swap | | ATHENS (Reuters) - Greece took its first step towards reaping urgently needed funds agreed in a 130-billion-euro rescue package on Thursday as its parliament endorsed a bond swap for private holders of its debt. | | | |  |  | | | 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 | |
No comments:
Post a Comment