| | Tech pressures Nasdaq in volatile trading | NEW YORK (Reuters) - Stocks ended slightly higher in a third session marked by late-day swings, but the Nasdaq fell after NetApp gave a weak revenue forecast, casting doubt on the outlook for tech spending. | | | | | Economy trudges along despite Europe turbulence | WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits dipped last week and factory activity grew but at a slower pace in May, indicating the economy was plodding along despite growing headwinds from Europe. | | | | | | Morgan Stanley still has Facebook issues: source | NEW YORK (Reuters) - Morgan Stanley continues to work through trade orders placed on Friday by brokerage customers in Facebook Inc during the social networking company's IPO, two people familiar with the situation said on Thursday. | | | | | | Chesapeake plans to sell wells in Wyoming, Colorado | HOUSTON/NEW YORK (Reuters) - Chesapeake Energy Corp has put 504,000 acres in the DJ Basin in Wyoming and Colorado up for sale, as the U.S. energy company scrambles to raise cash to close a $9 billion to $10 billion funding shortfall. | | | | Volkswagen labor to outline UAW stance to U.S. plant workers | WOLFSBURG, Germany (Reuters) - A top German union official will explain to hourly employees at Volkswagen's U.S. plant in early June that his group will not pressure them to join the United Auto Workers union, the automaker's top labor representative said on Thursday. | | | | CFTC sues ex-Chicago broker, alleging Ponzi scheme | (Reuters) - The Commodity Futures Trading Commission (CFTC) has sued a former Chicago floor broker, claiming he ran a four-year Ponzi scheme and fraudulently solicited at least $7.8 million to trade commodity futures contracts. | | | | | | Fidelity, Knight problems add to Nasdaq's Facebook woes | (Reuters) - The repercussions from Facebook's botched initial public offering deepened on Thursday as Fidelity Investments found itself dealing with "thousands" of customers with order problems and at least two firms reported tens of millions of dollars in trading-related losses to Nasdaq. | | | | Eurozone governments ponder Greek exit contingency | ROME/HELSINKI (Reuters) - At least half of euro zone governments as well as banks and large companies are making contingency plans in case Greece decides to leave the single currency area, even though the preferred option is still for Athens to keep the euro. | | | | | | | 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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