Business Today: Stock futures dip on growth concerns, bank earnings eyed

		Click to View in Browser 01/16/2013 Stock futures dip on growth concerns, bank earnings eyed NEW YORK (Reuters) - Stock index futures slipped on Wednesday, pressured by low growth expectations and ahead of earnings from major financials including Goldman Sachs. JPMorgan quarterly profits rise 53 percent NEW YORK (Reuters) - JPMorgan Chase & Co said fourth-quarter net income jumped 53 percent as the largest U.S. bank made more mortgages and saw a decline in costs for bad loans. Japanese airlines ground Dreamliners after emergency landing TOKYO (Reuters) - Japan's two leading airlines grounded their fleets of Boeing 787s on Wednesday after one of the Dreamliner passenger jets made an emergency landing, the latest in a series of incidents to heighten safety concerns over a plane many see as the future of commercial aviation. Morgan Stanley cuts Asia commodity jobs including two VPs SINGAPORE (Reuters) - Morgan Stanley has laid off two vice-presidents and one or two other employees in its commodities division as part of a global plan to shed staff and cut costs, sources familiar with the matter said on Wednesday. Insight: How cleantech tarnished Kleiner and VC star John Doerr SAN FRANCISCO/LOS ANGELES (Reuters) - In the spring of last year, John Doerr received some bad news: Miasole, the solar-panel maker backed by his famed venture capital firm, Kleiner Perkins Caufield & Byers, was on the verge of bankruptcy. Analysts see revenue potential in Facebook's new search tool (Reuters) - Facebook Inc's new search tool has strong potential to generate revenue for the social networking company but it is unlikely to challenge Google Inc's supremacy in web search at least in the near term, analysts said on Wednesday. Japan's Abe turns to South East Asia to counter China TOKYO/JAKARTA (Reuters) - The last time he was prime minister of Japan, Shinzo Abe's inaugural foreign trip was to China. In the job again 7 years later and relations with Beijing now chilly, Abe is turning first this time to the rising economic stars of Southeast Asia. Singapore, Hong Kong look to cool not kill property markets SINGAPORE/HONG KONG (Reuters) - Singapore and Hong Kong now have identical 15 percent levies to slow the foreign money that has added fuel to their overheated property markets - measures that will help first-time buyers but throw the spotlight on investors' next targets. China trade surplus with U.S. may be a quarter smaller PARIS (Reuters) - China's trade surplus with the United States shrinks by a quarter when calculated according to which countries provide the parts and services that go into its exports and imports. Kidnap insurers eye sales as euro crisis bites LONDON (Reuters) - Insurers see opportunity to sell protection against kidnap risk in southern Europe, predicting that recession and social unrest triggered by the euro crisis will drive more abductions. Related Video U.S. Morning Call: JPMorgan reports higher Q4 profits Breakingviews: Automakers get a triple fuel injection Economic News Consumer price index points to soft inflation, could help Fed keep policy easy World Bank cuts growth outlook as advanced nations drag 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