Business Today: Wall Street ends mostly flat; Boeing supports

	Click to View in Browser 04/24/2013 Wall Street ends mostly flat; Boeing supports NEW YORK (Reuters) - Stocks ended mostly flat on Wednesday as Boeing scaled a five-year high, but weakness in Procter & Gamble kept the Dow in negative territory. Weak durable goods orders point to sluggish economy WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods recorded their biggest drop in seven months in March and a gauge of planned business spending rose only modestly, the latest signs of a slowdown in economic activity. ECB says ditching austerity would not help euro zone BRUSSELS/FRANKFURT (Reuters) - ECB policymakers rebuffed suggestions that Europe should ease up on austerity and said that while the central bank has room to cut interest rates, such a move would not necessarily help the economy much. Fisker, U.S. government grilled over loans to foundering carmaker (Reuters) - U.S. lawmakers grilled top officials from Fisker Automotive Inc on Wednesday over what was termed "the U.S. Department of Energy's bad bet" when it backed the "green" car-maker with hundreds of millions of dollars in loans. Qualcomm raises full-year forecast on smartphone demand SAN FRANCISCO (Reuters) - Leading cellphone chipmaker Qualcomm raised its full-year revenue forecast as demand for smartphones continues to grow. Hoax tweet tests firms that filter social media for Wall Street NEW YORK (Reuters) - Firms that scour social media sites such as Twitter for information to help investors and traders make money faced their biggest test yet this week. Monte Paschi puts up $3.6 billion collateral for derivative trades MILAN (Reuters) - Monte dei Paschi had to put up more than 2.8 billion euros ($3.65 billion) by way of collateral for two loss-making derivatives trades at the center of an investigation of alleged fraud at Italy's third-biggest lender. EU lawmakers in tentative deal on accounting cap: sources LONDON (Reuters) - Companies would have to change their accountant every 25 years under a tentative deal ahead of Thursday's committee vote on a European Union audit market reform, two parliamentary sources involved in the talks said on Wednesday. Zynga reports fewer players of its online games, shares drop SAN FRANCISCO (Reuters) - Zynga Inc said on Wednesday the number of people playing its online games dropped dramatically in the first quarter, a development that overshadowed better-than-expected revenue figures and sent its stock tumbling in after-hours trade. U.S. can sue BNY Mellon over currency trades: judge (Reuters) - A federal judge said on Wednesday the U.S. government can proceed with a lawsuit accusing Bank of New York Mellon Corp of overcharging clients for trading currencies, a case brought under a rarely-used financial fraud law. Related Video Daily Digit: Apple's $11.5 bln giveaway Trading at Noon: Planes, Phones & Pampers moving the market Economic News Weak durable goods orders point to sluggish economy Consumer bureau calls payday loans a trap, warns of new rules 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