Daily Investor Briefing: Dow closes above 16,000 for first time...

	Click to View in Browser 11/21/2013 Dow closes above 16,000 for first time NEW YORK (Reuters) - The Dow industrials closed above 16,000 on Thursday for the first time and other major indexes also ended higher after economic data pointed to a slowly improving labor market and subdued inflation. U.S. jury awards Apple $290.45 million in retrial against Samsung SAN JOSE, California (Reuters) - A U.S. jury on Thursday awarded Apple Inc $290.45 million in a damages retrial against Samsung Electronics Co Ltd, the latest battle in global patent litigation between the two mobile giants. Analysis: China investors face bumpy ride as reform speculation intensifies SHANGHAI (Reuters) - Rapid swings in Chinese financial markets in response to ambitious reform plans herald a white-knuckle year for investors, as speculation on the direction and tempo of policy pours gas on an already volatile market. Gulf carriers eye prize as Australia airlines duke it out SYDNEY (Reuters) - The bad-tempered battle between Virgin Australia Holdings Ltd and Qantas Airways Ltd over Australia's skies is a proxy for increasingly tough regional competition among carriers including ambitious Gulf airlines Etihad and Emirates. As Omnicom and Publicis merge, rivals prepare to snare clients BARCELONA (Reuters) - Three major rivals to advertising groups Omnicom and Publicis , which are merging, say they are poaching work from the pair by luring clients who are unsettled by the $35.1 billion deal. Tesla's top sales executive departs DETROIT (Reuters) - George Blankenship, the lead architect of Tesla Motors Inc's sales strategy and distribution network for more than three years, left the electric car maker last month, according to his LinkedIn page. Judge partially accepts OGX bankruptcy protection filing: lawyer BRASILIA (Reuters) - A Brazilian judge accepted a request for bankruptcy protection by former billionaire Eike Batista's oil company OGX , but denied the filing for its subsidiaries abroad, the company's lawyer told Reuters on Thursday. Profits spike, risks multiply in Asia's derivatives return HONG KONG (Reuters) - Investment banks in Asia are taking advantage of a regulatory grey area to reap big returns from rising sales of equity derivatives, increasing the systematic risks to the financial system that regulators are trying to eradicate. U.S. plans to exit GM stake by year-end, may lose $10 billion DETROIT (Reuters) - The U.S. Treasury Department said it expected to sell its remaining shares of General Motors Co by the end of the year, a plan that may leave taxpayers with a shortfall of about $10 billion on the automaker's 2009 bailout. Yellen takes big step toward becoming next Fed chair WASHINGTON (Reuters) - Federal Reserve Vice Chair Janet Yellen moved closer on Thursday to becoming the first woman to lead the U.S. central bank after a Senate committee backed her nomination and the chamber changed its rules to make it easier for nominees to be confirmed. Related Video Breakingviews: For Qualcomm, Toq is cheap Greece gets on road to recovery Related News Taper on tap, sweeteners at ready Investors wary of stock surge, even as money piles in 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