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Thursday, March 14, 2013

Business Today: S&P 500 futures add to gains after data

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03/14/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
S&P 500 futures add to gains after data
NEW YORK (Reuters) - S&P 500 index futures added slightly to gains on Thursday after data showed the number of Americans filing for first time jobless benefits unexpectedly fell last week.
Jobless claims fall for third straight week
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell week, the latest indication the labor market recovery was gaining traction.
Exclusive: Chinese firm puts millions into U.S. natural gas stations
LOS ANGELES (Reuters) - ENN Group Co Ltd, one of China's largest private companies, is quietly rolling out plans to establish a network of natural gas fueling stations for trucks along U.S. highways.
Japan lower house approves BOJ nominees, upper house votes Friday
TOKYO (Reuters) - Japan's lower house of parliament approved Haruhiko Kuroda as the next governor of the Bank of Japan on Thursday, heralding a shift to more aggressive monetary easing aimed at ending nearly 20 years of deflation.
Gasoline pushes up producer prices in January
WASHINGTON (Reuters) - Producer prices in February rose by the most in five months as gasoline prices spiked, but there was little sign of a broader increase in inflation pressures.
Current account narrows in fourth quarter
WASHINGTON (Reuters) - The current account deficit narrowed in the fourth quarter, aided by an increase in services exports and more income earned abroad, a government report showed on Thursday.
Honda to recall 250,000 vehicles globally for braking problems
TOKYO (Reuters) - Honda Motor Co Ltd will recall nearly 250,000 vehicles globally, including some Acura MDX crossover SUVs, due to braking problems, the automaker said on Thursday.
Analysis: Mexico peso rise tests central bank's hands-off stance
MEXICO CITY (Reuters) - Mexico's peso is scaling new highs amid confidence in the country's reform push, a likely credit ratings upgrade and profit taking after last week's interest rate cut, sparking speculation about how far it will rise before authorities act.
UBS chief executive paid $9 million after revamp
ZURICH (Reuters) - UBS paid CEO Sergio Ermotti almost $9 million and welcomed its new investment bank chief with a $26 million "golden hello" in 2012, the same year the bank announced plans to fire 10,000 staff in a cost-cutting drive.
JPMorgan keeps top spot in investment banking: study
LONDON (Reuters) - JPMorgan Chase kept its top spot for investment banking revenues last year while Citigroup and Barclays showed the biggest improvement compared with 2011, a study showed on Thursday.
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