| | Google results miss; shares dive after premature report | SAN FRANCISCO (Reuters) - Google Inc's quarterly results fell well short of Wall Street's expectations after its core advertising business slowed, stunning investors accustomed to consistently rapid growth from the Internet giant and wiping more than 9 percent off its market value. | | | | | | Microsoft profit falls as PC sales shrink | SEATTLE (Reuters) - Microsoft Corp's fiscal first-quarter profit fell a greater-than-expected 22 percent, hurt by a dip in computer sales running its Windows operating system and the deferral of some revenue ahead of upcoming releases of its core Windows and Office products. | | | | | | Jobless claims hint labor market improving slowly | WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits spiked last week, reversing a sharp decline in the prior week but still pointing to a labor market that is slowly healing. | | | | Analysis: Presidential tax plans could bruise municipal bond market | (Reuters) - Tax policies proposed by the two presidential candidates may differ in several ways, but both could roil the $3.7 trillion U.S. municipal bond market, popular with wealthy investors and vital for the financing needs of states, cities and other issuers of tax-exempt debt. | | | | | | GM to shift 3,000 Hewlett jobs to its payroll | (Reuters) - General Motors Co will shift 3,000 Hewlett-Packard Co employees to its payroll as part of a sweeping program to overhaul the automaker's information services, GM said Thursday. | | | | | | Exxon seeks to quit flagship Iraq oil project | LONDON/WASHINGTON (Reuters) - Exxon Mobil wants to leave its giant oilfield project in southern Iraq, diplomatic sources said, in a move likely to aggravate the country's internal tensions and hamper Baghdad's ambitious energy expansion plans. | | | | | | Merkel, Hollande clash on EU budget czar before summit | BERLIN/BRUSSELS (Reuters) - Germany and France, Europe's two central powers, clashed over greater European Union control of national budgets and moves towards a single banking supervisor before a summit of the bloc's leaders began on Thursday. | | | | | | | 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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