Business Today: Exxon Mobil profit easily beats Wall Street's expectations

		Click to View in Browser 05/1/2014 Exxon Mobil profit easily beats Wall Street's expectations (Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, posted a quarterly profit on Thursday that easily beat Wall Street's expectations as higher natural gas prices offset a dip in oil production. Consumer spending surges in March, boosts growth outlook WASHINGTON (Reuters) - U.S. consumer spending recorded its largest increase in more than four and a half years in March, cementing views the economy ended a dismal first-quarter on solid footing. Jobless claims rise unexpectedly in latest week WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to improving labor market conditions. Stock futures point to flat open, Dow comes off record close NEW YORK (Reuters) - U.S. stock index futures pointed to a flat open on Thursday as investors paused following a rally in the previous session that took the Dow to its first record close of 2014. MasterCard profit rises as more people use cards (Reuters) - MasterCard Inc , the world's second-largest debit and credit card company, posted a 14 percent rise in quarterly profit as more people used cards to shop. Viacom quarterly profit rises 4 percent (Reuters) - Viacom Inc , which owns cable networks MTV and Comedy Central, reported a 4 percent rise in quarterly profit as increased advertising revenue from its cable business offset weakness in its film entertainment division. British regulator bans former UBS trader over Adoboli losses LONDON (Reuters) - Britain's financial regulator has banned a former senior UBS trader for failing to adequately supervise his junior colleague Kweku Adoboli, the "rogue trader" jailed in 2012 for running up $2.3 billion in unauthorized trading losses. Chrysler April U.S. sales up 14 percent; industry seen up 9 percent DETROIT (Reuters) - Chrysler Group LLC, a unit of Fiat Chrysler Automobiles , reported a 14 percent rise in U.S. auto sales for April, which is higher than the expected 9 percent increase for the industry. Discounts help T-Mobile add more customers (Reuters) - T-Mobile US Inc said it added a net 2.4 million customers in the first quarter, up from 579,000 a year earlier, as the company's aggressive discounts won over customers. GM recalls 2013 Cadillac SRX on lagging acceleration issue DETROIT (Reuters) - General Motors Co is recalling about 56,400 model year 2013 Cadillac SRX crossover vehicles because of possible delays in acceleration linked to a computer program that controls the transmission, U.S. regulators said on Thursday. Related Video Sports Spread: No Fergie, but it's still 'squeaky bum' time M&A: Why this time the boom is different Economic News Jobless claims rise unexpectedly in latest week Consumer spending surges in March, boosts growth outlook 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