Business Today: Futures flat as Washington deadlock drags on

		Click to View in Browser 10/8/2013 Futures flat as Washington deadlock drags on NEW YORK (Reuters) - U.S. stock index futures were little changed on Tuesday as signs of small progress appeared to resolve the fiscal standoff in Washington, although an agreement still remained elusive. Alcatel-Lucent cuts 10,000 jobs in 'last chance' to turn firm around PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent announced plans on Tuesday to cut an overall 10,000 jobs worldwide in what its chief executive called a last chance to turn the company around from heavy losses. U.S. hopeful of Asia trade deal by year-end, eyes December meeting NUSA DUA, Indonesia (Reuters) - The United States expressed hope on Tuesday it could seal an ambitious trade pact by year-end despite resistance from some countries and the absence of President Barack Obama from a regional summit that was to iron out differences on it. U.S. small business confidence dips, but improving trend remains WASHINGTON (Reuters) - U.S. small business optimism slipped in September as business owners worried about the economy's near-term outlook, but remained fairly upbeat on sales and expansion prospects. Exclusive: EU lawyers warn of limits in building banking union LONDON/ BRUSSELS (Reuters) - Parts of Europe's proposals for a banking union may fall foul of European Union law, lawyers have said in a fresh setback to plans aimed at strengthening the financial system after the debt crisis. J.C. Penney says September same-store sales show improving trend (Reuters) - Struggling department store operator J.C. Penney Co Inc reported a smaller decline in same-store sales for September, compared to August, and said it was seeing positive signs in many areas of its business. U.S. default could devastate global economy, says JPMorgan's Brazil head SAO PAULO (Reuters) - A political impasse between Republicans and Democrats that led to a U.S. government shutdown in recent days could have devastating consequences for the global economy if it translates into a debt default, the head of JPMorgan Chase & Co's Brazilian unit said on Tuesday. Deutsche Telekom offers T-Mobile USA bonds worth $3.1 billion FRANKFURT (Reuters) - Deutsche Telekom said on Tuesday is was offering a portion of the T-Mobile USA bonds from its holdings worth $3.1 billion. Airbus versus Boeing Japan battle switches to ANA SINGAPORE/TOULOUSE (Reuters) - Stung by the loss of a multi-billion dollar jet order from Japan Airlines to arch-rival Airbus , Boeing will mount a all-out defense of its position with Japan's other major airline, ANA, a source close to the U.S. planemaker said. Xerox says SEC investigating accounting practices at ACS (Reuters) - Xerox Corp said the U.S. Securities and Exchange Commission is investigating certain accounting practices at Affiliated Computer Services, which it bought in 2010 for $5.5 billion. Related Video China's netizens want payback from Washington Breakingviews: Monte Paschi revamp to lure foreign buyers? Economic News U.S. still in fiscal deadlock, but glimmers of hope emerge U.S. hopeful of Asia trade deal by year-end, eyes December meeting 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