Business Today: Wall Street edges lower after Fed minutes

	Click to View in Browser 01/3/2013 Wall Street edges lower after Fed minutes NEW YORK (Reuters) - Stocks fell in afternoon trade on Thursday after minutes from the Federal Open Market Committee showed rising concern about the risks of the Fed's policy of buying bonds to stimulate growth. FTC ends long Google probe with mild reprimand WASHINGTON (Reuters) - U.S. regulators on Thursday closed a long-running investigation of Google with a relatively mild agreement that is likely to disappoint rivals and critics of the Web search giant. Private sector job gains offer hope for labor market WASHINGTON (Reuters) - Private-sector employers shrugged off a looming budget crisis and stepped up hiring in December, offering further evidence of underlying strength in the economy as 2012 ended. Insight: "Cliff" deal's retirement plan revenue boost questioned NEW YORK (Reuters) - One modest way that U.S. lawmakers were able to offset the impact of delaying spending cuts in the deal to avert the "fiscal cliff" was through a retirement plan provision that is supposed to raise $12.2 billion over 10 years. Boeing jet orders surge; on track to be top planemaker (Reuters) - Boeing Co appeared to recapture bragging rights as the world's largest planemaker for the first time in a decade, after saying it delivered 601 jets in 2012, well ahead of a target set by rival Airbus . U.S.: time not right for Google executive's North Korea trip WASHINGTON (Reuters) - The State Department said on Thursday the time was not right for Google Inc Executive Chairman Eric Schmidt and former diplomat Bill Richardson to travel to North Korea. Ex-SAC fund manager pleads not guilty in insider case NEW YORK (Reuters) - Mathew Martoma, a former portfolio manager at hedge fund SAC Capital Management, pleaded not guilty to fraud charges stemming from a $276 million insider-trading case brought by federal prosecutors. Transocean to pay $1.4 billion for role in BP oil spill WASHINGTON (Reuters) - Offshore drilling contractor Transocean Ltd has agreed to pay $1.4 billion to settle U.S. government charges arising from BP Plc's massive Macondo oil spill in the Gulf of Mexico in 2010. Fed officials increasingly worried about stimulus side effects WASHINGTON (Reuters) - Federal Reserve officials are increasingly concerned about the potential risks of its asset purchases on financial markets, but look set to continue its open-ended stimulus program for now. Regulators to ease up on banks to get credit flowing: source LONDON (Reuters) - Banks will get more time to build up cash buffers to protect against market shocks under a rule change that could help free up credit for struggling economies, a European regulatory source said. Related Video Trading at Noon: Automakers zoom ahead on Wall Street Breakingviews: Motown tune for bankers Economic News Private sector job gains offer hope for labor market House chooses Boehner as speaker again 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