| | Dow, S&P hit record highs on Apple's gains | NEW YORK (Reuters) - U.S. stocks climbed on Monday, with the Dow and S&P 500 advancing to all-time highs after Apple Inc's distribution deal with China Mobile lifted the technology sector. | | | | | | Confident consumers brighten economic outlook | WASHINGTON (Reuters) - Consumer sentiment hit a five-month high heading into the end of the year and spending notched its strongest month since the summer, the latest signs of sustained vigor in the economy that are fostering hopes of a strong 2014. | | | | | | Jos. A. Bank rejects Men's Wearhouse takeover offer | (Reuters) - Jos. A. Bank Clothiers Inc has rebuffed a $1.5 billion takeover bid by Men's Wearhouse Inc , prompting its larger rival to explore other ways to satisfy investors' hunger for a merger of the suit retailers. | | | | | | Fed's Fisher says favored $20 billin taper: Fox Business | WASHINGTON (Reuters) - Dallas Federal Reserve President Richard Fisher said on Monday that the U.S. central bank had taken an important psychological step when it announced a reduction in bond buying at its policy meeting last week, but he favored even bolder action. | | | | | | French strike keeps a third of oil refining sector shut | PARIS (Reuters) - A strike at three of Total's five oil refineries in France held firm for an 11th day on Monday, but the risk of a repeat of fuel shortages seen during a 2010 walkout receded after staff at a fourth plant returned to work on Sunday. | | | | | | Freeport in 'at-will' pay deal with CEO, grants $36 million in stock | (Reuters) - Freeport-McMoRan Copper & Gold Inc said on Monday it reached an agreement with Chief Executive Richard Adkerson to cancel his employment agreement, giving up his guaranteed salary, benefits and rights to substantial severance in exchange for restricted stock worth about $36 million. | | | | | | | | 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 | |