  | | | Wall Street ends at highest level since early May | | NEW YORK (Reuters) - Wall Street rallied to its highest level since early May on Friday on a stronger-than-expected U.S. jobs report and hope European authorities would act to contain the euro zone debt crisis. | | |  | | | Hiring picks up but not enough to sideline Fed | | WASHINGTON (Reuters) - Employers hired the most workers in five months in July, but an increase in the jobless rate to 8.3 percent kept prospects of further monetary stimulus from the Federal Reserve on the table. | | | |  | | | U.S. Treasury says to sell $4.5 billion in AIG stock | | WASHINGTON (Reuters) - The U.S. Treasury Department said on Friday it will sell $4.5 billion worth of American International Group stock, taking another step toward unwinding its position in the financial crisis bailout programs. | | | |  | | | Spain inches towards a full EU bailout | | MADRID (Reuters) - Spanish Prime Minister Mariano Rajoy inched closer on Friday to asking for an EU bailout for his country, but said he needed first to know what conditions would be attached and what form the rescue would take. | | | | | Reuters blogging platform hacked, false Syria blog posted | | (Reuters) - Thomson Reuters said the blogging platform of the Reuters News website was compromised on Friday and a false posting purporting to carry an interview with a Syrian rebel leader was illegally posted on a Reuters' journalist's blog. | | | |  | | | Procter & Gamble profit tops forecast, plans buybacks | | (Reuters) - Procter & Gamble Co posted a higher-than-expected quarterly profit despite a drop in sales, as the world's largest household products maker tries to prove that it can make the improvements needed to move past recent disappointments. | | | |  | | | Apple reveals rare ad-spend on iPad, iPhone | | SAN JOSE, California (Reuters) - Apple Inc marketing chief Phil Schiller told a jam-packed courtroom on Friday that Apple's strategy in maintaining its market momentum is to "make the product the biggest and clearest thing in advertising." | | | |  | | | Nasdaq expects "significant" new expenses over Facebook IPO | | NEW YORK (Reuters) - Nasdaq OMX Group Inc expects to incur costs well above the $62 million it has set aside to pay back firms harmed by the glitch-ridden Facebook IPO, as it fights lawsuits and updates its systems, it said in a regulatory filing on Friday. | | | |  | | | Buyers eye Knight Capital as some customers return | | (Reuters) - Struggling Knight Capital Group Inc's future remained in flux on Friday, with major clients saying they would resume trading with the company, while potential buyers were still combing through the company's books with an eye toward a deal. | | | |  |  | | | 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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