Newsletter BOX: Daily Investor Briefing: Jobless claims rise, but labor...

07/11/2013

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

Jobless claims rise, but labor recovery grinds on

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, although the level still pointed to further healing in the labor market.

Microsoft revamp unifies Windows for mobile era

(Reuters) - Microsoft Corp launched its biggest internal restructuring in five years to unify development of its products including Windows, across an increasingly wide spectrum of ways to use them, from mobile devices to the cloud.

Analysis: Investors pin hopes on second-half earnings rebound

NEW YORK (Reuters) - For some time it's been clear that the second quarter was going to be less than robust for U.S. corporate results. Investors in the stock market don't seem to care.

Wall Street jumps; Dow and S&P end at new highs

NEW YORK (Reuters) - The S&P 500 and Dow industrials closed at record highs on Thursday, a day after Federal Reserve Chairman Ben Bernanke reasserted that monetary policy will remain accommodative for some time.

Exclusive: Fittings maker Grohe attracts bid interest from rivals - sources

FRANKFURT (Reuters) - German bathroom fixtures maker Grohe has attracted bidding interest from several rivals, which have been asked to submit tentative offers by the end of next week, three people familiar with the process told Reuters.

U.S. retailers' sales rise, some shoppers are cautious

(Reuters) - U.S. retailers' June sales suggest overall consumer spending is improving, even though lower-end shoppers are holding back on nonessential purchases.

Sprint promises life-time of unlimited data

NEW YORK (Reuters) - Sprint Corp on Thursday offered its customers unlimited data services for as long as they keep their account with the No. 3 U.S. operator, as it looks to steal customers away from bigger rivals Verizon Wireless and AT&T Inc .

Analysis: Fed stops short of the clarity global markets crave

LONDON (Reuters) - Federal Reserve Chairman Ben Bernanke now knows why uncharted waters on mariners' charts used to be marked 'Here be Dragons'.

Exclusive: Spanish court to hear Repsol lawsuit against YPF

MADRID (Reuters) - A Spanish court has agreed to hear an unfair competition claim brought by oil major Repsol against former Argentine subsidiary YPF over the exploration of the vast Vaca Muerta shale oil field, court documents seen by Reuters show.

WellPoint to pay $1.7 million for exposing health data on Internet

(Reuters) - Health insurer WellPoint Inc will pay $1.7 million for violating privacy laws by allowing health and other personal information from hundreds of thousands of people to be accessed without authorization over the Internet, the U.S. Department of Health and Human Services said on Thursday.