Business Today: U.S. jobless claims fall, four-week average lowest since 2006

		Click to View in Browser 08/7/2014 U.S. jobless claims fall, four-week average lowest since 2006 WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a further strengthening of labor market conditions. Wall St to rise on sturdy labor market data; Russia in focus NEW YORK (Reuters) - U.S. stocks were set to rise at the open on Thursday following upbeat labor market data, amid a backdrop of a sanctions confrontation between Russia and the West that highlighted the relative strength of the U.S. economy. ECB holds rates, waits for new funding measures to kick in FRANKFURT (Reuters) - The European Central Bank left interest rates unchanged on Thursday, holding off fresh policy action as it prepares to launch fresh funding for banks next month that it hopes will lift inflation from rock-bottom levels. Goldman Sachs says alternative trading system being investigated (Reuters) - Goldman Sachs Group Inc said it was being investigated for its U.S. alternative trading system and for the potential misuse and circulation of non-public information related to its corporate developments. BofA said to be near $16 billion deal with U.S. over mortgage bonds (Reuters) - Bank of America Corp is close to a deal with the U.S. Department of Justice to pay more than $16.5 billion to end investigations into mortgage securities that the bank and companies it bought sold in the run-up to the financial crisis, a person familiar with the matter said on Wednesday. Special Report: How scams and shakedowns brought down Ukraine to its knees KIEV (Reuters) - Late last year, Ukraine's consumer protection agency began filing lawsuits against Foxtrot, the country's largest electronics retailer. By early March, Foxtrot faced at least 231 separate suits that demanded fines totaling more than $150 million. China's latest anti-trust probes revive protectionism concerns BEIJING (Reuters) - China's recent probes into Microsoft Corp and car companies including Audi and Chrysler have rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies. Samsung's next reinvention challenge: itself SEOUL (Reuters) - As its smartphone sales stutter and a generational leadership succession looms, Samsung Electronics Co Ltd is under pressure to reinvent itself - to be more innovative, but not lose the rigor and focus that made it a global powerhouse. U.S. judge tells New York bank to hold onto Argentine bond funds BUENOS AIRES (Reuters) - The U.S. judge in charge of Argentina's debt default case on Wednesday ordered Bank of New York Mellon to hold on to money deposited by the government rather than disburse the funds to holders of the country's restructured bonds. T-Mobile deal collapse could spark telecom price war WASHINGTON (Reuters) - Sprint Corp's newly appointed Chief Executive Marcelo Claure has so far had a Midas touch in the telecoms industry, turning Brightstar, a reseller of U.S. handsets to Latin America, into a distributor valued at $2.2 billion when it was sold to Japan's SoftBank . Related Video Breakingviews: Euro zone debt Randgold CEO: Gold fix? We'll have two a day please Economic News U.S. jobless claims fall, four-week average lowest since 2006 Euro zone recovery uneven, rates to stay low: ECB's Draghi 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