Business Today: Futures rise in rebound after steep losses on Italy vote

		Click to View in Browser 02/26/2013 Futures rise in rebound after steep losses on Italy vote NEW YORK (Reuters) - U.S. stock index futures rose on Tuesday, indicating equities would partially rebound from a steep drop over Italian election results as investors saw opportunities to buy beaten-down shares. JPMorgan Chase to cut up to 4,000 jobs in 2013 NEW YORK (Reuters) - JPMorgan Chase & Co plans to cut about 3,000 to 4,000 jobs in its consumer bank in 2013, representing about 1.5 percent of the company's overall workforce, it said in a presentation On Tuesday. Bernanke to face Fed critics in testimony to Congress WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke faces the first of two days of congressional testimony that will subject the Fed's controversial bond-buying program to tough scrutiny and gauge his confidence in the resilience of the U.S. economy. Strong sales help Home Depot outshine Lowe's (Reuters) - Improvements in the U.S. housing market and sales tied to Hurricane Sandy helped Home Depot Inc report a higher-than-expected quarterly profit and outshine rival Lowe's Cos Inc for the 15th straight quarter. EU watchdog worries about how banks add up risks LONDON (Reuters) - Regulatory action may be needed to end variations in the ways banks add up the risks on their books to determine how big their capital buffers should be, the European Banking Authority said. Radioshack says may have to sell assets if results don't improve (Reuters) - Electronics retailer RadioShack Corp reported lower fourth-quarter sales and said it may have to close stores or sell assets to improve liquidity if business does not pick up by 2014, sending its shares down 6 percent before the bell. New York State to release Wall Street bonuses report NEW YORK (Reuters) - New York State's top financial officer will release estimates of Wall Street 2012 cash bonuses on Tuesday as public scrutiny of bankers' pay continues unabated. EU judges to hear arguments in Google test privacy case BRUSSELS (Reuters) - Google will do battle with Spain's data protection authority in Europe's highest court on Tuesday in a landmark case with global implications which poses one of the thorniest questions of the Internet age: When is information really private? Mizuho hunting for banking assets in Asia, U.S TOKYO (Reuters) - Mizuho Financial Group Inc , Japan's second-largest lender by assets, is looking to further expand overseas by acquiring either an Asian investment bank or a U.S. commercial bank over the next three years. Chesapeake, Encana sued in civil antitrust action (Reuters) - A major Michigan landowner is suing Chesapeake Energy Corp and Encana Corp, alleging that the two energy giants colluded to rig bids for oil and gas rights in 2010. Related Video Market Pulse: Calma! It's not the end of the world ..... yet Witness: The growing pains reshaping Singapore Economic News New York State to release Wall Street bonuses report Bernanke to face Fed critics in testimony to Congress 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