| | S&P advances to set new record in quiet session | NEW YORK (Reuters) - U.S. stocks closed out a strong month on a quiet note on Friday, with the S&P 500 posting a modest gain to close at a new record as the latest in a string of positive data helped extend a rally that had been briefly threatened by overseas concerns. | | | | | Exclusive: U.S. options exchanges craft rules to fend off turmoil | NEW YORK (Reuters) - A year after Goldman Sachs bungled a software upgrade and lost tens of millions of dollars from unintended trades, the 12 U.S. stock options exchanges have crafted new rules for dealing with erroneous transactions, according to draft documents seen by Reuters. | | | | | | IMF board stands behind Lagarde over French probe | WASHINGTON (Reuters) - The International Monetary Fund's board on Friday stood behind the global lender's leader, Christine Lagarde, who is facing a criminal investigation in France tied to a political corruption probe dating from 2008. | | | | | | U.S auto sales seen ending summer without a sizzle | DETROIT (Reuters) - U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror. | | | | | | AT&T sues Cox Communications for patent infringement | (Reuters) - AT&T is suing Cox Communications for infringing eight patents dealing with network quality after the regional cable provider ignored its complaints about the issue and made "billions" off of the technology, according to a new lawsuit. | | | | | | Part of Espirito Santo empire may try to block sale of insurer | LISBON (Reuters) - Part of the troubled business empire of Portugal's Espirito Santo family said on Friday it may try to block the planned sale of an insurance company it once controlled, adding to opposition already expressed by a group of investors. | | | | | | | 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 | |