Business Today: Wall Street flat as Apple cuts jobs data gains

	Click to View in Browser 10/11/2012 Wall Street flat as Apple cuts jobs data gains NEW YORK (Reuters) - U.S. stocks ended flat on Thursday after gains brought by a sign of improvement in the labor market were erased in part by a drop in Apple shares after a legal setback in a court ruling. Icahn offers to buy Oshkosh Corp, shares jump (Reuters) - Activist investor Carl Icahn offered to buy all the outstanding shares of Oshkosh Corp Thursday for a 21-percent premium to the U.S. truckmaker's closing price on Wednesday, sending its shares to their highest in more than a year. U.S. jobless claims fall to lowest in four and half years WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls. Plosser worries Fed could face losses on assets AVONDALE, Penn. (Reuters) - When the Federal Reserve eventually begins to sell some of the assets it has accumulated over the last few years it risks logging losses if longer-term interest rates are rising, a top central bank official said on Thursday. Europe accuses U.S. of failing to cut Boeing aid BRUSSELS (Reuters) - The European Union accused the United States on Thursday of ignoring a World Trade Organisation ruling to stop subsidies to planemaker Boeing Co and asked the Geneva-based body to investigate, prolonging the world's largest trade dispute. World economy to improve only slightly next year: Reuters poll LONDON (Reuters) - Next year offers only a slight improvement for a global economy hit by recession in Europe and slowing or moribund growth in Asia and the United States, according to Reuters polls of hundreds economists worldwide. U.S. court clears Samsung phone, hands Apple setback WASHINGTON/SAN FRANCISCO (Reuters) - A U.S. appeals court overturned a pretrial sales ban against Samsung Electronics Co Ltd's Galaxy Nexus smartphone, dealing a setback to Apple Inc in its battle against Google Inc's increasingly popular mobile software. Analysis: Fund firms cut back on new ETFs, closing more NEW YORK (Reuters) - Fund companies are growing more wary of introducing new exchange-traded funds, and more willing to kill those that have not caught on, as they grapple with a price war in an overcrowded $1.2 trillion market dominated by the three largest providers. Porsche SE sued for 213 million euros in damages BERLIN (Reuters) - The holding company of German carmaker Porsche has received a fresh lawsuit linked to its 2008 attempt to take over Volkswagen - a 213-million-euro ($275 million) claim from the family of a deceased industrialist. Back to drawing board after Berlin halts BAE, EADS deal BERLIN/LONDON (Reuters) - Europe's two biggest aerospace firms will go back to the drawing board to find new strategies after Germany stymied the world's biggest arms and aviation company merger. Related Video Reuters Right Now: From Navistar to Oshkosh-Icahn's on it! Back to the drawing board for BAE Economic News U.S. jobless claims fall to lowest in four and half years Fed's Yellen says Europe, housing strains stifling U.S. recovery 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend