| | Wall Street rebounds on House session, but off for 4th day | NEW YORK (Reuters) - Stocks fell for a fourth day on Thursday, but recovered most of their losses after the House of Representatives, in the barest sign of progress, said it would come back to work on avoiding the "fiscal cliff" this weekend. | | | | | Consumer sentiment weakens as fiscal crisis looms | WASHINGTON (Reuters) - U.S. consumer confidence fell more than expected in December, hitting a four-month low as a looming fiscal crisis sapped what had been a growing sense of optimism about the economy. | | | | | | Apple CEO's pay takes big hit vs. record 2011 package | NEW YORK (Reuters) - Apple Inc CEO Tim Cook's 2012 compensation package of just over $4 million is a huge cut on paper for the top executive of the most valuable U.S. corporation, after a 2011 package fattened by more than $376 million in long-term stock awards. | | | | | | 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. | | | | | | Long-suffering Bankia shareholders set for more losses | MADRID (Reuters) - Spain's Bankia will wipe out the investments of 350,000 shareholders, many of them small savers and pensioners, after it emerged that losses on bad loans at the troubled bank were even worse than expected. | | | | | | Porsche wins dismissal of U.S. hedge fund lawsuit over VW | NEW YORK (Reuters) - Porsche Automobil Holding SE on Thursday won the dismissal of a New York lawsuit by 26 hedge funds that accused the German automaker of causing more than $1 billion of losses by cornering the market in Volkswagen AG shares. | | | | | | Retail sales down in week before Christmas: ShopperTrak | (Reuters) - U.S. retail sales fell 2.5 percent last week from a year earlier as fewer people visited stores, retail tracking firm ShopperTrak said on Thursday, the latest signal that this holiday season's growth may not be as robust as some had anticipated. | | | | | | U.S. clears Empire State Building REIT plan for investor vote | NEW YORK (Reuters) - U.S. regulators have given the green light to the manager of the Empire State Building to ask investors to vote on a plan to fold the iconic building into a new real estate investment trust (REIT) that eventually will be publicly traded. | | | | | | | 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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