| | Wall Street closes up on tech gains, S&P near 1,600 | NEW YORK (Reuters) - Stocks closed about 1 percent higher on Thursday, led by tech shares, after weekly jobless claims figures pointed to improving labor market conditions a day before the closely watched monthly payroll report. | | | | | Jobless claims fall sharply to five-year low | WASHINGTON (Reuters) - The number of Americans filing new jobless benefits claims fell sharply last week to its lowest level since the early days of the 2007-09 recession, a sign the job market is still healing even though the economy remains weak. | | | | | | Glencore sticks to its own for top jobs in merged group | LONDON (Reuters) - Commodities trader Glencore has turned to its own internal talent for the team that will run trader and miner Glencore Xstrata after the sector's biggest takeover to date, according to a source familiar with the company. | | | | | | Analysis: Big insurers wary of entering new Obamacare markets | NEW YORK (Reuters) - The nation's largest health insurers are far from leaping at the chance to join new state health insurance exchanges under President Barack Obama's reform law, making it likely that some markets will have little or no competition next year. | | | | | | British court hears Goldman deal was face saver | LONDON (Reuters) - Britain's tax authority approved a deal with Goldman Sachs partly because the U.S. bank was threatening to pull out of a new tax code, which would have embarrassed the government, a court heard on Thursday. | | | | | | | 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 | |
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