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Wednesday, January 5, 2011

DAI: Wall Street rises on jump in private jobs number

Reuters
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01/5/2011
News Good evening Pan
LATEST NEWS
Wall Street rises on jump in private jobs number
NEW YORK (Reuters) - Stocks advanced on Wednesday as a much stronger-than-expected rise in private sector employment boosted optimism about the outlook for the economy and stocks. | Full Article
Hiring surges in December, buoys economic outlook
January 05, 2011 03:26 PM ET
NEW YORK (Reuters) - The number of U.S. private-sector jobs surged in December at a rate three times stronger than forecast, a hiring report showed, the most bullish signal in months that a recovery in the world's biggest economy is shifting up a gear. | Full Article
Barclays wins dismissal of investor lawsuit
January 05, 2011 03:35 PM ET
NEW YORK (Reuters) - Barclays Plc won on Wednesday the dismissal of a lawsuit brought by U.S. investors who accused the British bank of failing to disclose and properly account for the risks in its real estate business. | Full Article
Toyota, Ford tied at top in U.S. perception survey
January 05, 2011 03:20 PM ET
DETROIT (Reuters) - Toyota Motor Corp, faltering from recalls, has fallen into a statistical tie with Ford Motor Co for tops in U.S. consumer brand perception, influential magazine Consumer Reports said on Wednesday. | Full Article
Oppenheimer loses $18 million raid claim against Citi
January 05, 2011 03:52 PM ET
NEW YORK (Reuters) - After almost eight years, Oppenheimer & Co has lost its battle to force Citigroup Inc to pay over $18 million for luring away nine of its top financial advisers. | Full Article
US TOP NEWS
Republicans take over House, soften cuts
January 05, 2011 04:22 PM ET
WASHINGTON (Reuters) - Republicans took power in the House of Representatives on Wednesday with promises of a leaner, more accountable government but softened a pledge of deep and immediate spending cuts that helped them win November's election. | Full Article
White House press secretary Robert Gibbs to resign
January 05, 2011 03:29 PM ET
WASHINGTON (Reuters) - White House press secretary Robert Gibbs, one of President Barack Obama's closest aides, said on Wednesday he will resign and become an outside adviser for Obama's re-election campaign as part of a major staff shake-up. | Full Article
U.S. foe, Sadr, returns to Iraq after exile
January 05, 2011 02:25 PM ET
NAJAF, Iraq (Reuters) - Anti-U.S. Shi'ite cleric Moqtada al-Sadr returned to Iraq on Wednesday from years of self-imposed exile in Iran, after his faction struck a deal to join a new government, Sadrist officials said. | Full Article
U.S. stresses need to reduce China trade imbalance
January 05, 2011 01:53 PM ET
WASHINGTON (Reuters) - President Barack Obama's national security adviser pressed for efforts to reduce U.S.-China trade imbalances and also discussed ways to rein in North Korea in talks on Tuesday with China's foreign minister. | Full Article
Mortgage applications ebbed at year end: MBA
January 05, 2011 09:59 AM ET
NEW YORK (Reuters) - Applications for U.S. home mortgages ebbed in the last two weeks of the year amid the holiday season as loan rates hovered around their highest levels in seven months, an industry group said on Wednesday. | Full Article
HEALTH NEWS
Newer tobacco products to face FDA review
Be wary of CPR lessons on YouTube: study
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