LATEST NEWS | Job growth surges, jobless rate drops to 8.3 percent | WASHINGTON (Reuters) - The economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3 percent, providing some measure of comfort for President Barack Obama who faces re-election in November. | Full Article | | Analysis: A sobering look at Facebook | February 03, 2012 08:30 AM ET | SAN FRANCISCO (Reuters) - It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients. | Full Article | Merged Glencore, Xstrata would take aim at iron ore | February 03, 2012 09:02 AM ET | SYDNEY (Reuters) - An $80 billion marriage of commodities trader Glencore and miner Xstrata could lead to a new round of takeovers in iron ore, creating a goliath eager to muscle its way onto one of mining's richest and most closely guarded industries. | Full Article | Senate OKs insider trading curbs on lawmakers | February 03, 2012 08:14 AM ET | WASHINGTON (Reuters) - The Senate on Thursday approved new curbs aimed at preventing lawmakers from trading shares based on inside information, but also extended the bill's disclosure requirements to more than 300,000 other federal employees. | Full Article | U.S. indicts Wegelin bank for helping Americans avoid tax | February 03, 2012 09:07 AM ET | (Reuters) - The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice Department said on Thursday. | Full Article | | | BUSINESS NEWS | Walgreen sales hit by exit from Express Scripts | February 03, 2012 09:18 AM ET | (Reuters) - Walgreen Co is being hit by its withdrawal from the Express Scripts Inc pharmacy network and by a much weaker-than-expected flu season, leading it to temper its expectations for the number of prescriptions it will fill this year. | Full Article | Investors worry where to put cash as banks wobble | February 03, 2012 09:36 AM ET | LONDON (Reuters) - Investors are holding more cash than at any time since the Lehman Brothers collapse to protect themselves against volatile financial markets, presenting them with a dilemma - where to hold that money when banks are looking shaky. | Full Article | HR business boosts Aon profit | February 03, 2012 07:57 AM ET | (Reuters) - Aon Corp posted a higher quarterly profit that narrowly beat market estimates as the world's largest insurance broker continued to reap the benefits from its acquisition of Hewitt Associates. | Full Article | Ex-UBS trader refused bail as bank probe deepens | February 03, 2012 07:28 AM ET | LONDON (Reuters) - Former UBS AG trader Kweku Adoboli, who is accused of unauthorized deals that cost the Swiss bank $2.3 billion, was refused bail by a London court on Friday less than an hour after regulators stepped up their probe into the scandal. | 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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