Daily Investor Briefing: Wall Street ends up, recovers most of...

Click to View in Browser 03/8/2012 Wall Street ends up, recovers most of week's losses NEW YORK (Reuters) - Stocks ended higher on Thursday, recovering most of the week's losses, after Greece moved closer to a bond swap with private creditors to avoid a messy default. Greece closes offer with bond swap set to pass ATHENS (Reuters) - Greece closed a bond swap offer to private creditors on Thursday after clearing the minimum threshold of acceptance to push the deal through, moving closer to unlocking funds it needs to avoid a dangerous debt default. Households turn corner as debt burdens fall WASHINGTON (Reuters) - Families took on more debt in late 2011 for the first time in 3-1/2 years but a rise in after-tax incomes left consumers in better shape to spend. Apple barred from pursuing Kodak patent claims now NEW YORK (Reuters) - Apple Inc, the biggest company by market value, was told it cannot now pursue an ongoing patent infringement lawsuit against Eastman Kodak Co, and was ordered not to file similar new litigation against the bankrupt photography company. Stanford foreign accounts should be forfeited: jury HOUSTON (Reuters) - Some $330 million stashed in foreign accounts linked to convicted fraudster Allen Stanford should be forfeited, a jury found on Thursday. Morgan Stanley puts broker on leave in madam case NEW YORK (Reuters) - Morgan Stanley said it has placed broker David S. Walker on leave, after prosecutors said a 44-year-old mother of four accused of running a brothel had visited the firm to discuss an online prostitution venture. Analysis: Tax break goes far beyond the factory floor WASHINGTON (Reuters) - President Barack Obama summons the image of a scrappy auto worker or high-tech engineer when he calls for expanding a major corporate tax break for manufacturing, but he might just as well evoke the coffee-shop barista or the cable guy. BP spill claims process set up, Feinberg relieved (Reuters) - The man who has paid out billions of dollars to victims of the massive 2010 Gulf of Mexico oil spill has been formally relieved of his duties, and a federal judge has set up a new process to let more people and businesses collect some of their money immediately. Wells Fargo ends free checking in 6 more states (Reuters) - Wells Fargo & Co is ending free checking in six more states, expanding a $7-per-month account charge that went into effect in other parts of the country last year. Keystone bill faces defeat in Senate: Reid WASHINGTON (Reuters) - The Senate could vote as early as Thursday on a plan to take quick action on the Keystone XL crude oil pipeline, a bid that will likely be defeated by Democrats but that gives its Republican supporters an opening to criticize President Barack Obama's energy policies. Related Video Job seekers finding mixed signals The Exchange: The Financial Crash in Fiction Related News U.S. retirees move, but not very far Why online security is taxing our brains 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