Business Today: Wall Street rebounds, lifted by gold, earnings and data

	Click to View in Browser 04/16/2013 Wall Street rebounds, lifted by gold, earnings and data NEW YORK (Reuters) - Stocks jumped more than 1 percent on Tuesday, a day after their worst decline since November, as gold prices rebounded and earnings from Coca-Cola and Johnson & Johnson improved the outlook for first-quarter results. Yellen says Fed rates guidance helps support recovery WASHINGTON (Reuters) - The Federal Reserve's policy of communicating future intentions on interest rates helps support employment and economic growth, Fed Vice Chairwoman Janet Yellen said on Tuesday. Yahoo posts flat first-quarter revenue on declining display ad sales SAN FRANCISCO (Reuters) - Yahoo Inc's net revenue in the first quarter was flat year-on-year, as the Internet company's display advertising business experienced declining revenue for the second quarter in a row. Court OKs Lehman settlements to free up $15 billion for customers NEW YORK (Reuters) - A judge on Tuesday approved a set of settlements among Lehman Brothers entities that will allow the company's defunct brokerage to pay back about $15 billion in customer claims. FAA chief gives no date to approve Boeing 787 battery WASHINGTON (Reuters) - Boeing Co has finished testing its redesigned 787 Dreamliner battery system, the Federal Aviation Administration said Tuesday, but the agency gave no timetable for when it would lift a ban on flights by the new jet. Macy's seeks to block Penney from selling certain Martha Stewart goods NEW YORK (Reuters) - Macy's Inc has asked a New York court for a temporary restraining order to block rival J.C. Penney Co Inc from selling unbranded Martha Stewart goods in its stores, the latest twist in a legal battle between the two department store chains over rights to the domestic doyenne's products. Exclusive: Mercuria sees 10-20 percent stake sale before end-2013 LONDON (Reuters) - Commodity trader Mercuria expects to draw up a shortlist of investors to buy 10 to 20 percent of the firm in four to six weeks and hopes a sale will be concluded by the end of the year, Chief Executive Marco Dunand said on Tuesday. Inflation, factory data favor continued Fed easing WASHINGTON (Reuters) - Consumer prices fell in March for the first time in four months and factory output slipped, strengthening the argument for the Federal Reserve to maintain its monetary stimulus to speed up economic growth. Group steps up effort to shut down Export-Import bank WASHINGTON (Reuters) - A conservative free-market political group on Tuesday stepped up its effort to shut down the Export-Import Bank, less than a year after Congress voted to renew the bank's charter. Toronto investment banker settles U.S. insider-trading case NEW YORK (Reuters) - A former Canadian Imperial Bank of Commerce investment banker on Tuesday agreed to pay $340,000 to settle charges brought by U.S. regulators that he illegally traded ahead of a buyout offer for Tomkins Plc based on information he gleaned from his job. Related Video Charlie Ergen's wars Daily Digit: Goldman's $2.07 billion Economic News Yellen says Fed rates guidance helps support recovery Gasoline, food prices subdue consumer inflation 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