  | | | Banks lift Wall Street, breaking 3-day skid | | NEW YORK (Reuters) - Stocks broke a three-day losing streak on Wednesday, recovering some recent losses after a report showed the U.S. private sector added more jobs than expected last month. | | |  | | | Apple lifts lid on 4G iPad, keeps prices | | SAN FRANCISCO (Reuters) - Apple Inc took the wraps off a faster 4G-equipped iPad starting at $629, hoping the latest version of its tablet can safeguard its dominance over rivals ranging from Amazon.com Inc to Samsung Electronics Co Ltd. | | | |  | | | Labor market shows more signs of life | | NEW YORK (Reuters) - Companies increased their hiring in February, shoring up expectations that the labor market recovery has moved into a higher gear. | | | |  | | | AMR offers to freeze, not terminate, pensions | | (Reuters) - AMR Corp, the bankrupt parent of American Airlines, on Wednesday proposed a plan to freeze pensions covering many of its workers, retreating from an earlier proposal to terminate them and leave them to government insurers, which could result in lower payouts. | | | | | Analysis: Insurers forced to rethink tornado coverage | | BOSTON (Reuters) - The deadly start to the 2012 tornado season is forcing insurers to reconsider the risks of coverage in the most storm-prone parts of the United States and industry insiders say they may have to rethink how they handle the underwriting of the reoccurring natural disasters. | | | | | Consumer credit rises more than expected in January | | WASHINGTON (Reuters) - Consumer credit expanded sharply in January in a generally positive sign for the economy as people borrowed money to buy cars and go to school, Federal Reserve data showed on Wednesday. | | | |  | | | Fed mulling sterilized bond purchases: report | | WASHINGTON (Reuters) - Federal Reserve officials are considering a novel approach to bond buying aimed at countering some of the worry that another round of asset purchases by the U.S. central bank could fuel inflation, according to the Wall Street Journal. | | | |  | | | From kidswear to shoes, discounts hurt retailer margins | | (Reuters) - Retailers like Children's Place Retail Stores Inc and Brown Shoe Co Inc are struggling to protect their margins as they continue to discount heavily to drive sales, resulting in weak quarterly profit reports and bleak forecasts. | | | |  | | | Senator says fund should cover Stanford claims | | WASHINGTON (Reuters) - A senator attacked on Wednesday an industry-backed fund that covers claims for investors of failed brokerages, saying the fund was failing to help people who had been victimized by convicted financier Allen Stanford's $7 billion Ponzi scheme. | | | | |  |  | | | 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 | |
