Business Today: S&P 500 closes at new record, ends strong quarter

	Click to View in Browser 03/28/2013 S&P 500 closes at new record, ends strong quarter NEW YORK (Reuters) - The S&P 500 set a record closing high on Thursday, finishing a fifth consecutive month of gains to extend a four-year long rally. Exclusive: Cerberus seeks to bankroll investor landlords NEW YORK (Reuters) - Private equity firm Cerberus Capital Management wants to provide financing to small investment firms that are buying foreclosed homes as part of a long-term bullish bet on the housing recovery, according to four sources familiar with the situation. Jobless claims rise, but GDP data shows more growth WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, but not enough to suggest the labor market recovery was taking a step back. Analysis: Underappreciated consumer stars in S&P 500 rally NEW YORK (Reuters) - Investors who had bet on the American consumer even as the U.S. economy was entering the Great Recession are the biggest winners as the S&P 500 stock index set a new closing record on Thursday. White House to release budget plan on April 10 WASHINGTON (Reuters) - The White House will release its budget proposal for fiscal year 2014 on April 10, it said on Thursday. Cyprus bank controls to last a month, minister says NICOSIA (Reuters) - Cyprus conceded on Thursday that tight capital controls would remain in force longer than expected as the island's banks reopened for the first time after the government was forced to accept a tough EU rescue package to avoid bankruptcy. EBay sets aggressive 2015 targets, shares climb SAN FRANCISCO (Reuters) - EBay Inc has set aggressive three-year targets for its online marketplace and payments businesses, executives said on Thursday, and the company's shares rose more than 4 percent. Greek court rules deliberations in suit against Reuters invalid ATHENS (Reuters) - A Greek court has ruled deliberations in a lawsuit by Piraeus Bank against Reuters over a story it published were inadmissible on technical grounds. Boeing CEO urges FAA to return 787 to service, delays continue WASHINGTON (Reuters) - - Boeing Co Chief Executive Jim McNerney on Thursday urged regulators reviewing battery problems on the company's grounded 787 passenger jet to let the plane back into service, saying he was confident the redesigned battery was safe. Aging vehicles leave Toyota North America chief optimistic on new sales NEW YORK (Reuters) - Toyota Motor Corp's top North American executive on Thursday voiced optimism about the U.S. economy, and said the aging cars and trucks in consumers' garages will continue to drive industry demand this year. Related Video MuniLand: Muni tax exemption repeal seen back on the table Wal-Mart's customers as delivery team? S&P's Gordon is leery Economic News Jobless claims rise, but GDP data shows more growth Economy posts sluggish growth in fourth quarter 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