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Reuters: Business News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

Reuters News
  • Wall Street buoyed by upbeat economic data
    NEW YORK (Reuters) - Stocks rose on Thursday as stronger-than-expected jobs and trade data helped lift optimism about the economic recovery, although sentiment was fragile as investors fretted over European banks.




  • Data shows economic recovery still on track
    WASHINGTON (Reuters) - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.




  • Casey's in buyout talks with 7-Eleven
    NEW YORK (Reuters) - Casey's General Stores Inc confirmed it was in buyout talks with convenience store operator 7-Eleven, which offered the company $40 per share in cash earlier this month.




  • U.S. chipmakers' outlooks stoke economy concerns
    SAN FRANCISCO/NEW YORK (Reuters) - Chip makers National Semiconductor and Texas Instruments Inc on Thursday issued quarterly financial targets that stoked investors' worries about a sluggish economy.




  • As Wall Street Sheriff, Coffey would be discreet
    NEW YORK (Reuters) - New York state attorney general candidate Sean Coffey on Thursday said he was the only contender qualified to police Wall Street and called Democratic rivals career politicians fixated on becoming governor.




  • Deutsche Bank eyes up to 9 bln euro cap hike: sources
    FRANKFURT (Reuters) - Deutsche Bank is considering a capital increase of up to 9 billion euros ($11.43 billion) to bolster its balance sheet as Basel capital requirements are finalized, two people familiar with the matter said.




  • Geithner urges tax breaks for small businesses
    WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner urged congressional support for tax breaks for small businesses and said that would help create jobs.




  • Ford calls dealers to discuss Lincoln's future
    DETROIT (Reuters) - Ford Motor Co has invited Lincoln dealers to a meeting in October to discuss its plans to breathe new life into the lagging luxury brand at a critical time for many of its U.S. retailers.




  • UK watchdog fines Goldman Sachs $27 million
    NEW YORK/LONDON (Reuters) - Britain's financial watchdog fined Goldman Sachs Group Inc 17.5 million pounds ($27 million) for failing to tell the regulator that it was the subject of a U.S. probe, reviving disclosure headaches for the Wall Street powerhouse.




  • Foster's mystery wine suitor was Cerberus: source
    NEW YORK/MELBOURNE (Reuters) - Cerberus Capital Management was the mystery firm that was interested in the wine business of Foster's Group Ltd , a source briefed on the situation said, confirming a report on Wednesday by The Australian newspaper.