Business Today: Wall Street surges to five-year highs; Dow ends above 14,000

	Click to View in Browser 02/1/2013 Wall Street surges to five-year highs; Dow ends above 14,000 NEW YORK (Reuters) - Stocks rose to five-year highs on Friday, with the Dow closing above 14,000 for the first time since October 2007, after jobs and manufacturing data showed the economy's recovery remains on track. Jobs, factory data point to steady economic growth WASHINGTON (Reuters) - Employment grew modestly in January and job gains in the previous two months were larger than first reported, a counterpunch to recent data that suggested a tepid economic recovery had stalled at the end of last year. Fed officials see brighter global economic outlook WASHINGTON/NEW YORK (Reuters) - Two top Federal Reserve officials painted a picture of cautious optimism on Friday for the U.S. economy in 2013, helped by stronger global growth as the central bank aggressively prints money to curb the nation's lofty rate of unemployment. Dell nears buyout that could top $24 billion NEW YORK (Reuters) - Dell Inc is edging closer to an agreement to sell itself to a buyout consortium led by Michael Dell, its founder and chief executive, and private equity firm Silver Lake Partners in a deal that could top $24 billion, people familiar with the matter said on Friday. Apple edges out Samsung for mobile phone sales lead in fourth quarter SAN FRANCISCO (Reuters) - Apple Inc became the top mobile phone seller for the first time in the lucrative U.S. market during the fourth quarter of 2012, outshining arch rival Samsung Electronics Co Ltd, a report by Strategy Analytics showed. January auto sales indicate strong start to 2013 DETROIT (Reuters) - U.S. auto sales rose 14 percent in January, kicking off the industry's fourth straight year of recovery since the depths of recession as American consumers increasingly sought to replace their aging cars and trucks. Time Warner Cable CEO Britt to step down by year end: report (Reuters) - Time Warner Cable's longtime Chief Executive Glenn Britt will step down at the end of the year, the Wall Street Journal reported on Friday, citing anonymous sources. News Corp names more senior executives in prep for split (Reuters) - Soon-to-be publishing company News Corp named William Lewis, one of the executives who dealt with the aftermath of the phone hacking scandal, as chief creative officer. Greek political parties to testify over bank loans ATHENS (Reuters) - Greek prosecutors have ordered the two main ruling parties to testify in an investigation into more than 200 million euros in loans they received from banks, officials said on Friday. Credit Agricole takes $5 billion hit as banks struggle to move on PARIS (Reuters) - Credit Agricole , France's No. 3 bank, announced a further 3.8 billion euros ($5.2 billion) in charges on Friday as banks struggle to move on from ill-timed deals before the 2008 financial crisis. Related Video Daily Digit: U.S. oil makers roll in $17 bln Breakingviews: RIP hizzoner Economic News Fed officials see brighter global economic outlook Jobs, factory data point to steady economic growth 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