| | Weak U.S. durable goods data dims growth outlook | WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods recorded their biggest drop in nearly a year in July and a gauge of planned business spending on capital goods also tumbled, casting a shadow over the economy early in the third quarter. | | | | | | Starbucks won't cut worker benefits ahead of Obamacare: CEO | NEW YORK (Reuters) - Starbucks Coffee Co will not follow the lead of other companies that are cutting health insurance benefits or reducing hours for employees in anticipation of the U.S. Affordable Care Act, the coffee shop chain's CEO Howard Schultz told Reuters on Monday. | | | | | | JPMorgan told to pay Blavatnik $42.5 million over mortgage losses | NEW YORK (Reuters) - A New York state judge has ordered JPMorgan Chase & Co to pay the billionaire Leonard Blavatnik $42.5 million plus interest, finding the bank liable for breach of contract after it was accused of mismanaging an investment account by betting on risky mortgage securities. | | | | | | Russia fiercely rebukes Belarus for detaining potash boss | MINSK/MOSCOW (Reuters) - Belarus detained the head of Russia's Uralkali , the world's top potash producer, and threatened to seize its assets in the country on Monday, drawing a fierce rebuke from Moscow in an escalating dispute over the collapse of a cartel. | | | | | | | | 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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