Business Today: U.S. jobless claims rise but trend hints at quicker hiring

		Click to View in Browser 08/22/2013 U.S. jobless claims rise but trend hints at quicker hiring WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week but held close to a six-year low and gave a positive signal for hiring during the month. Emerging markets selloff intensifies after Fed, data lifts Europe shares LONDON (Reuters) - The rout in emerging markets gathered pace on Thursday after a sharp spike in U.S. debt yields lifted borrowing costs globally, and upbeat business reports from China and Europe encouraged a shift into more advanced economies. Insight: At Apple, Tim Cook leads a quiet cultural revolution SAN FRANCISCO (Reuters) - Shortly after signing on as chief operating officer at Facebook, Sheryl Sandberg was looking to connect with people in a similar role - No. 2 to a brilliant and passionate young founder. She called Tim Cook. Penney takes step to ward off any coercive takeover methods (Reuters) - J.C. Penney Co Inc on Thursday said it adopted a one-year stockholder rights plan to protect against a potential future use of coercive methods to take the company over. Euro zone private sector growth beats forecasts in August: PMIs LONDON (Reuters) - Business activity across the euro zone has picked up this month at a faster pace than expected, surveys showed on Thursday, led by Germany as it benefited from growing demand for its exports. Analysis: Rising returns give U.S. public pension funds chance to reform (Reuters) - Many U.S. public pension funds are benefiting from double-digit annual returns in fiscal 2013 that are giving them breathing space to try to implement reforms and fix gaping deficits. Exclusive: China's banks to take next step in rate reform push - sources BEIJING/HONG KONG (Reuters) - China's top banks are expected to win approval for the issuance of tens of billions of yuan in negotiable certificates of deposit (NCD) as early as next month, in another step towards developing market-determined interest rates. Emerging market sell-off worsens, more pain ahead LONDON (Reuters) - Heavy selling engulfed emerging markets again on Thursday with more currencies falling prey to fears of higher global borrowing costs and a reduction in cheap cash supplies from the United States. Abercrombie & Fitch same-store sales plummet, outlook weak (Reuters) - Abercrombie & Fitch Co reported comparable sales and profit far below Wall Street expectations on Thursday, blaming a drop in store visits by shoppers, and the teen retailer said business will decline even more during the current back-to-school quarter. Mitsubishi Aircraft delays regional jet delivery to 2017 TOKYO (Reuters) - Mitsubishi Aircraft Corp, a unit of Mitsubishi Heavy Industries Ltd , said on Thursday it would delay the initial delivery of its regional jet to the second-quarter of 2017 to ensure the company can meet Japanese safety regulations. Related Video Sports Spread: Clash of the Newbies Reuters Breakingviews: How to stop banks treating customers like meat Economic News U.S. jobless claims rise but trend hints at quicker hiring Few clues on timing of QE3 reduction in Fed minutes 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