Business Today: Wall St. set for higher open on earnings; FOMC meeting on tap

		Click to View in Browser 04/29/2014 Wall St. set for higher open on earnings; FOMC meeting on tap NEW YORK (Reuters) - Wall Street was set for a higher open on Tuesday following a batch of earnings that were better than expected. GE trumpets 40-year jet engine venture to bolster Alstom bid PARIS (Reuters) - As General Electric tries to convince French leaders to back its offer to rescue engineering firm Alstom , it hopes that three letters will convince them of its good will: CFM. Sprint revenue rises on new device installment plan (Reuters) - Sprint Corp, the No. 3 U.S. mobile provider on Tuesday reported an increase in quarterly revenue in line with analysts' expectations, due to a new billing plan that lowered wireless expenses. Last Nokia phones sell sluggishly as loss widens HELSINKI (Reuters) - Nokia said on Tuesday its phone sales fell 30 percent in the last quarter they belonged to the previous world-market leader and the unit's loss widened. U.S. banks to help regulators in tax evasion probe: WSJ (Reuters) - The Swiss units of Goldman Sachs Group Inc and Morgan Stanley have agreed to hand over details to U.S. authorities about how they may have helped Americans to evade taxes, the Wall Street Journal reported. Target names new CIO to oversee technology, security (Reuters) - Target Corp , which is recovering from a massive data breach, on Tuesday named high-profile information technology consultant Bob DeRodes as chief information officer. Mercedes recalls 284,000 cars in US, Canada over tail lights DETROIT (Reuters) - Mercedes is recalling about 284,000 of its C-Class sedans in the United States and Canada because an electrical issue could cause the tail lights to dim or fail, according to the company and documents filed with U.S. safety regulators. Barclays' U.S. head McGee quits LONDON (Reuters) - Barclays said that Hugh 'Skip' McGee, one of the British bank's highest earners, has quit as head of its U.S. business because he does not want to oversee the task of establishing a new company required under tougher U.S. rules. Euro zone sentiment, inflation expectations dip in April BRUSSELS (Reuters) - Euro zone economic sentiment deteriorated slightly in April, defying forecasts of further improvement, while inflation expectations continued to fall, European Commission data showed on Tuesday. European Union moves to end smartphone patent wars BRUSSELS (Reuters) - The European Commission moved on Tuesday to stem aggressive patent lawsuits by smartphone and tablet makers against rivals, ruling that Motorola Mobility had broken EU law by taking such action against Apple. Related Video Ruins to revenue? Spain's abandoned villages Investors are mispricing risk –ESMA Chair Maijoor Economic News States data suggests German inflation, perhaps euro zone, picked up in April China provincial GDP data adds to slowdown concerns 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