  | | | Wall St returns to 2008 highs on banks | | NEW YORK (Reuters) - U.S. stocks rose on Thursday, moving back to 2008 highs, after a jump in bank shares and further upbeat data on the labor market, though sharp gains in oil prices limited the advance. | | |  | | | Exclusive: Facebook seeking bigger credit line: sources | | SAN FRANCISCO (Reuters) - Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company's plans. | | | |  | | | Factory growth cools, spending stagnant | | WASHINGTON (Reuters) - U.S. manufacturing cooled in February and consumer spending was flat for a third straight month in January, suggesting the economy lost more steam early this year than expected. | | | |  | | | February auto sales rise; GM posts surprise gain | | DETROIT (Reuters) - A surprising sales gain by General Motors Co and strong performances by Ford Motor Co and others helped put U.S. February auto sales on track for their highest annual sales rate in nearly four years. | | | |  | | | Greece secures provisional approval for new bailout | | BRUSSELS (Reuters) - Greece has taken all the legal action needed to secure a second bailout from the euro zone countries, Eurogroup President Jean-Claude Juncker said on Thursday, opening the door to the first tranche to be paid out by March 20 if more conditions are met. | | | |  | | | IMF says threat of sharp global slowdown eased | | WASHINGTON (Reuters) - The probability of a sharp global slowdown has eased due to recent policy measures adopted in the euro zone to tackle its debt crisis, the International Monetary Fund said on Thursday, but it warned risks to world growth remain "squarely to the downside." | | | |  | | | Spring comes early for retailers; will it last? | | NEW YORK (Reuters) - Mild weather helped spur consumers to buy spring clothing in February, leading to broad sales gains at top U.S. chains, with even perennial laggard Gap Inc posting its first increase in eight months. | | | |  | | | Ousted Woodford launches Olympus lawsuit | | LONDON (Reuters) - Michael Woodford, the ousted Olympus chief executive who blew the whistle on one of Japan's most high-profile frauds, vowed he would hold his former employer to account as he kicked off his legal battle for wrongful dismissal in London on Thursday. | | | |  | | | U.S. bonds down as QE3 timing reassessed | | NEW YORK (Reuters) - U.S. Treasury debt prices fell on Thursday as a pushback in expectations on when the Federal Reserve might launch another round of monetary easing continued to weigh on the market and riskier assets drew money away from safe-haven 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 | |
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