Business Today: Exclusive: U.S. companies seek cyber experts for top jobs, board seats

		Click to View in Browser 05/30/2014 Exclusive: U.S. companies seek cyber experts for top jobs, board seats NEW YORK (Reuters) - Some of the largest U.S. companies are looking to hire cybersecurity experts in newly elevated positions and bring technologists on to their boards, a sign that corporate America is increasingly worried about hacking threats. U.S. consumer spending takes a breather, inflation rising WASHINGTON (Reuters) - U.S. consumer spending fell for the first time in a year in April, but there are signs inflation is stirring, with an inflation gauge rising at its quickest pace since November 2012. Capital concerns hit BNP Paribas on report of $10 billion U.S. fine PARIS/LONDON (Reuters) - Fears that a looming U.S. fine on BNP Paribas could be big enough to force it to raise capital and restrict its dividends hit France's biggest bank on Friday, driving its shares to their lowest level in more than eight months. Shares edge lower after setting highs, all eyes on ECB LONDON (Reuters) - Global shares edged lower after hitting new highs on Friday, with investors positioning cautiously on the last trading day of the month and ahead of expected changes to European Central Bank policy next week. U.S. Fed seen sticking to range when hiking interest rates NEW YORK (Reuters) - Don't count on the U.S. Federal Reserve to go back to a numerical bulls-eye to aim at when it finally decides to raise interest rates. A target range for the federal funds rate may well be here to stay, at least for the foreseeable future. ECB and BoE set out proposals to boost EU securitization LONDON/FRANKFURT (Reuters) - The European Central Bank and the Bank of England set out proposals on Friday to boost the market for asset-backed securities in the European Union and help the flow of credit to smaller businesses. Siemens says 11,600 jobs affected by restructuring MUNICH (Reuters) - German conglomerate Siemens confirmed on Friday that some 11,600 jobs would be affected by a restructuring unveiled by Chief Executive Joe Kaeser earlier this month, but said not all of these positions would necessarily be cut. Sony creates senior entertainment unit role amid restructuring TOKYO (Reuters) - Sony Corp has appointed for the first time a president for its profitable U.S.-based entertainment business, the latest in a series of management changes at the Japanese consumer electronics giant which is trying to bolster its finances. easyJet chief executive McCall settled in for the long haul LONDON (Reuters) - When Carolyn McCall took the top job at Britain's easyJet, the abrasive boss of rival low-cost airline Ryanair attempted to write her off as "some old media luvvie". Indonesia testing Cadbury products after Malaysia halal uproar JAKARTA/KUALA LUMPUR (Reuters) - Indonesian authorities said on Friday they were testing products made by British confectioner Cadbury to check they complied with Islamic standards after two chocolate varieties in neighboring Malaysia were found to be contaminated with pork DNA. Related Video Breakingviews: BNP investors deserve more clarity on fines Bonds hold back Japan's bull market Economic News U.S. consumer spending takes a breather, inflation rising U.S. Fed seen sticking to range when hiking interest rates 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