  | | | S&P 500 ends at record closing high after data | | NEW YORK (Reuters) - U.S. stocks closed higher on Thursday, with the S&P 500 ending at a record on a flurry of positive economic data. Trading was light as investors waited for possible clues about interest rates from central bankers attending an annual meeting in Jackson Hole, Wyoming. | | |  | | | U.S. housing, jobs data bolster economic outlook | | WASHINGTON (Reuters) - U.S. home resales rose to a 10-month high in July and the number of Americans filing new claims for unemployment benefits fell last week, signaling strength in the economy early in the third quarter. | | | |  | | | Bank of America settles mortgage probes for $16.65 billion | | WASHINGTON/NEW YORK (Reuters) - Bank of America Corp reached a record $16.65 billion settlement with the U.S. government to settle charges that it and companies it bought misled investors into buying troubled mortgage-backed securities, helping the bank close a major chapter tied to the financial crisis. | | | |  | | | Cadillac considers moving some functions to Manhattan | | DETROIT (Reuters) - General Motors Co's premium Cadillac group is considering expanding its offices from Detroit to Manhattan, GM said Thursday, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen. | | | |  | | | JPMorgan customers targeted in email phishing campaign | | BOSTON/NEW YORK (Reuters) - Fraudsters are targeting JPMorgan Chase & Co customers in an email "phishing" campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus that steals passwords from other institutions. | | | |  | | | U.S. judge calls Argentina debt row hearing amid contempt calls | | NEW YORK (Reuters) - The U.S. judge who barred Argentina from servicing its debt until it settled with investors demanding full payment on their bonds scheduled a new hearing on Thursday, after the country unveiled plans to sidestep his ruling that led it to default for the second time in a dozen years. | | | |  | | | Ford tells dealers to stop selling some C-Max, Focus models | | DETROIT (Reuters) - Ford Motor Co has told its dealers to stop test-driving and selling C-Max and Focus models produced during a week this month because of potential problems with the steering gear assembly, a notice sent to dealers on Wednesday shows. | | | |  | | | Sprint and T-Mobile offer further price discounts | | WASHINGTON (Reuters) - Sprint Corp unveiled a plan on Thursday that gives subscribers access to unlimited data for $60 a month, the industry's cheapest unlimited data offering as the carrier attempts to reverse the decline in its subscriber base. | | | |  | | | Exclusive: France forced to import wheat as rain hits crop quality | | PARIS (Reuters) - France's rain-hit wheat crop has delivered the first shock of the 2014/15 season: the EU's top grower and exporter is buying Lithuanian and British milling wheat to mix with its unusually poor-grade crop to meet contracts signed before the harvest. | | | |  |  | | | 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 | |
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