Business Today: Jobless claims rise; still close to pre-recession level

		Click to View in Browser 05/22/2014 Jobless claims rise; still close to pre-recession level WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week but stayed close to a seven-year low and pointed to ongoing healing in the labor market. Best Buy expects comparable store sales to fall for two quarters (Reuters) - Best Buy Co Inc forecast a fall in same-store sales in the current quarter and the next, saying shoppers were spending less on consumer electronics and were waiting to buy new mobile phone models. Stock futures flat with initial claims, home sales data due NEW YORK (Reuters) - U.S. stock index futures were little changed on Thursday, ahead of data on the labor and housing markets, after the S&P 500 advanced for a third time in four sessions. Sears loss widens as discounts fail to arrest fall in sales (Reuters) - Sears Holdings Corp posted a bigger loss for the first quarter as the struggling retailer failed to arrest a fall in sales despite offering heavy discounts to woo shoppers. Deutsche Bank says faces around 1,000 big lawsuits FRANKFURT (Reuters) - Deutsche Bank gave shareholders a sense of the size of its legal and regulatory problems on Thursday, when it said it faced around 1,000 major lawsuits. Adidas sees boost to sales from World Cup MUNICH (Reuters) - German sportswear company Adidas has given a more precise sales growth target for 2014, amounting to a rise of up to 8 percent, as it gets a lift from the soccer World Cup that starts in Brazil next month. Euro zone business stays strong, China mending LONDON/BEIJING (Reuters) - Private business activity in the euro zone grew at just under its fastest pace in three years this month, while contraction in China's vast manufacturing sector slowed to its weakest pace this year, surveys showed on Thursday. Deutsche Bank internal rate probe continues: CFO FRANKFURT (Reuters) - An internal investigation into possible attempts to manipulate reference interest rates is continuing at Deutsche Bank and the preliminary results will be delivered to the German regulator Bafin, Deutsche's finance chief said on Thursday. Brazil grants 'eventual reinsurer' permit to Buffett's Berkshire (Reuters) - Susep, Brazil's insurance industry regulator, on Thursday issued a license allowing Berkshire Hathaway Inc to operate in the country as "eventual reinsurer." AirAsia CEO Fernandes says aims for 85 percent load factor in two years MANILA (Reuters) - AirAsia Bhd , Southeast Asia's biggest budget airline, aims to increase its load factor to 85 percent in the next two years, its chief executive said on Thursday. Related Video Reuters Asks: How will markets react to the EU elections? Sports Spread: Atletico desperate to deny Real 'decima' Economic News Indian officials offer tough options to cut spending, deficit Euro zone business stays strong, China mending 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