Business Today: Stock futures edge up with effort to break "cliff" deadlock

		Click to View in Browser 12/27/2012 Stock futures edge up with effort to break "cliff" deadlock NEW YORK (Reuters) - Stock index futures edged higher on Thursday, putting the S&P 500 on track to snap a three-day skid, as U.S. President Barack Obama returned to Washington to restart negotiations over the "fiscal cliff." Jobless claims fall, trend reading at four-and-half year low WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment aid fell last week to nearly its lowest level in 4 1/2 years, a sign that the labor market is healing. Japan retail investors pour $2.3 billion into fund investing in North America TOKYO (Reuters) - Japanese retail investors poured about $2.3 billion in a mutual fund that mainly invests in U.S., Mexican and Canadian shares, the biggest subscription since October 2006, a distributor of the fund, SMBC Nikko Securities, said on Thursday. Euribor seesaws as policymakers dispel rate cut hopes FRANKFURT (Reuters) - Key Euribor bank-to-bank lending rates eased on Thursday, having risen in the previous session as earlier comments from a clutch of European Central Bank policymakers played down chances of another ECB rate cut. Home prices rose for ninth straight month: S&P NEW YORK (Reuters) - U.S. single-family home prices rose in October for nine months in a row, reinforcing the view the domestic real estate market is improving and should bolster the economy in 2013, a closely watched survey showed on Wednesday. Ford to invest $773 million across southeast Michigan (Reuters) - Ford Motor Co plans to invest more than $773 million on new equipment and capacity expansions across six U.S. manufacturing plants in southeast Michigan. Marvell seeks to overturn $1.17 billion patent verdict (Reuters) - Marvell Technology Group Ltd said on Thursday it will try to void a $1.17 billion damages award imposed by a federal jury that found the chipmaker had infringed two patents held by Carnegie Mellon University. Audi to keep investing in bid for luxury-car sales crown BERLIN (Reuters) - German luxury automaker Audi plans to keep spending on new vehicles, plants and technology to increase market share as a prolonged weakening in European markets forces layoffs and factory closures at volume manufacturers. Greek prosecutors comb through Swiss bank account list ATHENS (Reuters) - Greek prosecutors are checking a list of possible tax cheats, court sources said on Thursday, in a case that has highlighted Athens's failure to crack down on tax evasion, one of the factors behind the country's financial crisis. Analysis: Puzzle of weak investment jeopardizes growth rebound LONDON (Reuters) - Five years into the great financial crisis, private investment in rich countries is still dead in the water, underlining the depth of the downturn and offering fresh evidence of the global economic tilt to emerging markets. Related Video Euro zone focus swings to Germany Year of the Draghi, as Mario breathed fire into markets Economic News Jobless claims fall, trend reading at four-and-half year low U.S. retailers scramble after lackluster holiday sales 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