Business Today: Jobless claims surge, erase prior weeks' declines

		Click to View in Browser 12/12/2013 Jobless claims surge, erase prior weeks' declines WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose sharply last week, reversing the prior three weeks declines, but a recent strengthening of the labor market likely remains intact. Retail sales rise in November, boost economic outlook WASHINGTON (Reuters) - U.S. retail sales rose solidly in November as Americans bought automobiles and a range of other goods, adding to signs of a strengthening economy that could draw the Federal Reserve closer to reducing the pace of monetary stimulus. Import prices fall for second straight month WASHINGTON (Reuters) - U.S. import prices fell for a second straight month in November as the cost of petroleum and food dropped, suggesting imported inflation pressures remained subdued. Stock futures hold losses after data NEW YORK (Reuters) - Stock index futures held losses Thursday after mixed data reports showed a rise in retail sales while import prices indicated inflation remained subdued, and jobless claims saw their largest weekly increase in more than a year. Liberty Global in takeover talks with cable firm Ziggo BRUSSELS (Reuters) - U.S. cable group Liberty Global is in takeover talks with Dutch operator Ziggo, its latest move to consolidate the sector in Europe in a deal analysts say could cost around 5 billion euros ($6.9 billion). Fortum sells Finnish power distribution grid for $3.5 billion HELSINKI (Reuters) - State-controlled Finnish utility Fortum has agreed to sell its local power distribution grid to a consortium of institutional investors led by First State Investments and Borealis Infrastructure for 2.55 billion euros ($3.5 billion). Exclusive: Ford board aims to pin down CEO Mulally's plans DETROIT/NEW YORK (Reuters) - Ford Motor Co's board of directors plans to press Chief Executive Alan Mulally soon for a decision on his future, as speculation intensifies that he may be offered the job of CEO at Microsoft Corp. World shares hit one-month low on Fed jitters LONDON (Reuters) - Global equities slipped to a one-month low on Thursday after a provisional budget deal in Washington prompted speculation the Federal Reserve policymakers will start trimming its stimulus as early as next week. American Airlines to buy up to 70 of CRJ900 NextGen aircraft TORONTO (Reuters) - Bombardier Inc said on Thursday that American Airlines Group Inc would buy 30 of its CRJ900 NextGen aircraft and had also taken options on an additional 40 planes. American Airlines orders 60 Embraer jets worth $2.5 billion SAO PAULO (Reuters) - American Airlines Group Inc agreed to buy 60 aircraft from Embraer SA , the world's largest producer of regional jets, in a deal worth $2.5 billion at list prices, sending Embraer shares to a two-month high on Thursday. Related Video ROUGH CUT: Not taper time yet, but getting there-IMF Vinals Breakingviews: Peugeot first to admit it needs saviours Economic News Jobless claims surge, erase prior weeks' declines Retail sales rise in November, boost economic outlook 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