Business Today: U.S. private job growth accelerates in March: ADP

		Click to View in Browser 04/2/2014 U.S. private job growth accelerates in March: ADP NEW YORK (Reuters) - U.S. companies picked up the pace of hiring in March, signaling the dampening effects of harsh winter weather on job growth may be fading, a report by a payrolls processor showed on Wednesday. U.S. mortgage applications fell last week: MBA NEW YORK (Reuters) - Applications for U.S. home mortgages fell last week on lower refinancing demand, an industry group said on Wednesday. Chrysler to recall nearly 870,000 SUVs for brake problem (Reuters) - Chrysler Group said on Wednesday it would recall nearly 870,000 vehicles to fix a defect in the brake systems following complaints about excessive brake-pedal firmness. Shares extend rally, euro firm in pre-ECB jockeying LONDON (Reuters) - World stocks extended their recent rally and the safe-haven yen sagged to a 10-week low on Wednesday, as investors focused on the positive in a mixed bag of global economic data. Goldman to sell designated market-maker unit to IMC: reports (Reuters) - Goldman Sachs Group Inc is in the process of selling its "designated market-maker" unit, people familiar with the matter told the Financial Times on Tuesday. 'Too Big to Fail' still thriving LONDON (Reuters) - Five years after Lehman Brothers' seismic bust and just two years after euro member Greece defaulted, the concept of being too big or too strategic to fail is alive and well. Lufthansa grounded by three-day pilot strike FRANKFURT (Reuters) - A three-day strike by pilots at Lufthansa over early retirement, which has grounded Germany's largest airline, shows no sign of ending early after management said there would be no further talks during the strike period. EU regulators fine Goldman Sachs, Prysmian for cable cartel BRUSSELS (Reuters) - Investment bank Goldman Sachs, the world's top cablemaker Prysmian, Nexans and eight cable firms were fined a total of 302 million euros ($416 million) by EU antitrust regulators on Wednesday for running a cartel. IMF ramps up loan conditions despite promises, study finds WASHINGTON (Reuters) - The number of conditions the International Monetary Fund attaches to its loans has grown in recent years, despite promises to limit what critics see as onerous requirements, according to a study released on Wednesday. CEO Barra calls GM's actions on deadly defect 'unacceptable' WASHINGTON (Reuters) - General Motors Co CEO Mary Barra on Tuesday called her company's slow response to faulty ignition switches linked to at least 13 deaths "unacceptable," but could not give U.S. lawmakers many answers as to what went wrong. Related Video Nike vs. Adidas - the brand battle in Brazil Breakingviews: ASOS glitzy rating assumes a lot goes right Economic News U.S. private job growth accelerates in March: ADP U.S. factory activity picks up, more gains eyed as winter fades 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