  | | | Wall Street slips day ahead of jobs report | | NEW YORK (Reuters) - Stocks fell on Thursday as economic data sent mixed signals on the recovery a day before the April payrolls report, while shares of Green Mountain plunged after poor results. | | |  | | | Facebook plans to raise up to $12 billion in mega IPO | | SAN FRANCISCO (Reuters) - Facebook Inc plans to raise as much as $12 billion in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google Inc and granting the world's largest social network a market value close to Amazon.com's. | | | |  | | | Jobless claims tumble, service sector slows | | WASHINGTON/NEW YORK (Reuters) - The number of Americans filing new claims for jobless aid dropped by the most in nearly a year last week, easing fears the United States' labor market recovery was stalling. | | | |  | | | April turns weak for retailers; apparel bucks trend | | (Reuters) - Several large retailers, including Target Corp , Macy's Inc and Gap Inc , missed sales estimates for April, in sync with broader economic indicators and as cooler weather chilled some of the enthusiasm shoppers had shown earlier this year. | | | |  | | | Chesapeake Energy confirms U.S. SEC probe | | (Reuters) - Chesapeake Energy Corp said on Thursday the company and Chief Executive Aubrey McClendon are under investigation by the U.S. Securities and Exchange Commission as part of an informal inquiry. | | | |  | | | AIG first-quarter profit rises | | NEW YORK (Reuters) - Bailed-out insurer American International Group said first-quarter profit more than doubled from a year earlier, when the company racked up substantial catastrophe losses related to the March 11 earthquake in Japan. | | | |  | | | Kraft profit beats by a penny | | (Reuters) - Kraft Foods Inc reported quarterly profit on Thursday that was slightly ahead of Wall Street estimates, helped by price increases and an earlier Easter holiday. | | | |  | | | Mexico's Slim agrees to cut phone costs to skip fine | | MEXICO CITY (Reuters) - Mexico's competition watchdog has ordered Carlos Slim to cut charges he levies on mobile phone competitors in exchange for dropping a record fine, exacting a small concession from the country's dominant telecoms mogul. | | | |  | | | Federal Reserve officials at odds on jobs view | | SANTA BARBARA, California (Reuters) - The economy will likely grow at a moderate pace, inflation will stay low, and unemployment will fall, three top U.S. Federal Reserve officials on Thursday said in remarks prepared for delivery to an economic outlook summit. | | | | |  |  | | | 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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