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Thursday, December 4, 2014

Daily Investor Briefing: U.S. jobless claims fall, unwind...

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12/4/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
U.S. jobless claims fall, unwind prior week's increase
WASHINGTON, (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to
Wall Street ends with slight losses, energy weighs again
NEW YORK (Reuters) - U.S. stocks ended slightly lower on Thursday after European Central Bank President Mario Draghi brushed off pressure for more immediate monetary policy action but said the issue would be addressed early next year.
Barnes & Noble ends pact with Microsoft in Nook Media
(Reuters) - Barnes & Noble Inc struck a deal to buy Microsoft Corp's stake in Nook Media LLC, ending a two-year partnership and clearing the way for the bookseller to spin off its loss-making e-reader and digital content division.
After pulling billions, former Pimco investors may not be better off
NEW YORK (Reuters) - When Bill Gross bolted Pimco in late September after months of mediocre performance in his Total Return Fund, clients including Wells Fargo & Co. and Charles Schwab Corp pulled over $61 billion from the Newport Beach, California-based money manager. Where the money landed may be no better than where it left.
Mazda expands recall for U.S. cars with Takata passenger air bags
DETROIT (Reuters) - Mazda Motor Corp said on Thursday it will expand to additional states its recall of vehicles with Takata Corp passenger-side air bags after U.S. regulators requested it.
SEC's Stein says Bank of America waiver policy is 'breakthrough'
WASHINGTON (Reuters) - A top U.S. regulator praised the structure of a regulatory waiver granted last month to Bank of America Corp, saying the tougher conditions imposed on the bank may help deter repeat offenses.
BMW tries to succeed where Daimler failed with London car-share scheme
LONDON (Reuters) - BMW launched its car-sharing service in London on Thursday, barely six months after fellow German carmaker Daimler said it was shutting its equivalent initiative in Britain.
Draghi says will not allow dissenters to block possible ECB action
FRANKFURT/BERLIN (Reuters) - The European Central Bank will decide early next year whether to take further action to revive the euro zone's economy, its president said on Thursday, signalling that he would not allow opposition from Germany or anyone else to stop it.
Exclusive: Tony James looks beyond Blackstone - sources
NEW YORK (Reuters) - Blackstone Group LP's No. 2 executive Tony James is considering taking a role outside the world's largest alternative asset manager, including seeking a top job in a future U.S. government, according to people familiar with his thinking.
Starbucks eyes booze, food and technology to boost U.S. growth
SEATTLE (Reuters) - Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering.
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