Business Today: Analysis: New York may have to drop claims against BofA over Merrill

		Click to View in Browser 05/10/2013 Analysis: New York may have to drop claims against BofA over Merrill NEW YORK (Reuters) - Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank Greenberg. Now, another big case - against Bank of America over its acquisition of Merrill Lynch - looks headed the same way. Icahn, Southeastern propose alternative to Dell buyout (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's biggest shareholders, have proposed an alternative to a buyout deal led by founder Michael Dell. Stock futures point to flat open, but indexes higher on week NEW YORK (Reuters) - Stock index futures pointed to a flat open on Friday, though indexes remained on track for a firm finish to the week, which repeatedly saw the indexes scaling new highs. Proxy adviser ISS urges Clearwire holders to back Sprint (Reuters) - Clearwire Corp shareholders should vote in favor of a proposed acquisition by Sprint Nextel Corp , given a lack of better options to keep the company afloat, influential proxy advisory firm ISS said on Friday. Analysis: Policy patience seen wearing thin as yen drops SINGAPORE (Reuters) - The yen's fall past 100 per dollar highlights growing concerns about ultra-loose monetary policy around the globe and raises the prospect that policymakers elsewhere may take action to protect their economies from a tide of hot money. POSCO moves closer to iron ore access for $12 billion India steel plant NEW DELHI (Reuters) - POSCO's planned $12 billion steel project in India moved a step forward on Friday after a court handed a decision on a mining license to the federal government, raising the South Korean firm's chances of getting preferential access to iron ore. British Airways owner's losses grow on Iberia hit LONDON (Reuters) - International Airlines Group reported wider first-quarter operating losses on Friday, as deepening trouble at its Spanish carrier Iberia wiped out progress at British Airways. Amplats scales back South African mining job cuts plan RUSTENBURG, South Africa (Reuters) - Anglo American Platinum said on Friday it would cut 6,000 South African mining jobs, fewer than half the 14,000 initially proposed, as it tries to restore profits without provoking a backlash from the government and restive unions. Analysis: To hedge inflation, property trusts are the new gold HONG KONG (Reuters) - As central banks print cash to boost moribund economies, investors in Asia wanting to hedge against rising prices are dumping gold and doubling down on property. Airbag maker Takata names first foreign president TOKYO (Reuters) - Japan's Takata Corp , reeling from a massive airbag recall, said on Friday it will replace its president with Swiss national Stefan Stocker, the first foreigner in the post. Related Video U.S. Morning Call: Dell plot thickens with new proposal Market Pulse: Yen Will Slither Up To 105 Economic News Keep on, or enough already? Fed officials spar over QE3 Same-store sales continue modest recovery in April 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