| | Wall St. closes higher on easing Fed worries | NEW YORK (Reuters) - Stocks rallied on Thursday, rebounding after three days of losses, as stronger-than-expected retail and jobs data helped reassure investors about when the Federal Reserve would wind down its stimulus. | | | | | Monte Paschi seeks to double capital increase: sources | MILAN/ROME (Reuters) - Top management at Banca Monte dei Paschi di Siena is pressing to increase the ceiling on a possible rights issue to 2 billion euros ($2.66 billion) from 1 billion euros, two sources familiar with the situation told Reuters. | | | | | | Ford may develop new models as part of Lincoln brand revival | DETROIT (Reuters) - Ford Motor Co may branch out and develop new models for Lincoln in fast-growing vehicle segments as part of the second-largest U.S. automaker's latest attempt to revive the struggling luxury brand and boost its profits. | | | | | | U.S., Arkansas sue Exxon over Pegasus pipeline spill | WASHINGTON (Reuters) - The Justice Department filed a joint lawsuit with Arkansas on Thursday against oil producer Exxon Mobil Corp over the pipeline spill in March of thousands of barrels of heavy Canadian crude oil in a suburban neighborhood. | | | | | | Sales, jobs data show underlying economic strength | WASHINGTON (Reuters) - Retail sales rose more than expected in May and first-time applications for unemployment benefits fell last week, signs of economic resilience in the face of belt-tightening in Washington. | | | | | | | | 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 | |