Business Today: Jobs data upbeat, but trade and services dim outlook

	Click to View in Browser 07/3/2013 Jobs data upbeat, but trade and services dim outlook WASHINGTON (Reuters) - Private employers stepped up hiring in June and new applications for unemployment benefits fell for a second straight week last week, pointing to a steadily improving labor market picture. U.S. judges okay JPMorgan $546 million settlement with MF Global trustee, customers NEW YORK (Reuters) - Customers of MF Global's failed broker-dealer unit and the trustee overseeing its liquidation won court approval on Wednesday for a $546 million settlement with JPMorgan Chase & Co . Wall St. posts modest gains in short volatile session NEW YORK (Reuters) - Stocks ended slightly higher in a volatile half-day session on Wednesday as traders squared positions before the holiday and Friday's job market data. FCC approves Sprint/Clearwire/SoftBank deal: sources WASHINGTON (Reuters) - The Federal Communications Commission on Wednesday approved the merger of Sprint Nextel Corp and SoftBank Corp, sources familiar with the situation said, clearing the very last hurdle in the Japanese company's drawn-out battle to take control of the No. 3 U.S. wireless provider. Bernanke to make July 10 speech on Fed's policy record WASHINGTON (Reuters) - The Federal Reserve said on Wednesday that Fed Chairman Ben Bernanke would make a speech in Cambridge, Massachusetts, next week on the central bank's 100-year history, its policy record, lessoned learned and prospects for the future. Service sector growth slows to three-year low in June: ISM NEW YORK (Reuters) - The pace of growth in the services sector slowed in June to its weakest level in over three years as new orders nearly stalled, though a jump in employment provided an encouraging sign for the labor market. Exclusive: States join U.S. probe of Cargill/ConAgra flour deal WASHINGTON (Reuters) - A group of wheat-growing states has joined the U.S. Justice Department in investigating a proposed joint venture by Cargill, CHS and ConAgra, which would make the largest U.S. flour miller even larger, two sources told Reuters. Investment industry groups scuffle over ethics, costs (Reuters) - Wall Street's brokerages would spend an average of $8 million each to implement a plan being considered by the U.S. Securities and Exchange Commission to impose higher ethical standards on brokers who give financial advice, according to estimates by the securities industry's largest trade group. Knight Capital CEO Joyce quits newly merged trading firm NEW YORK (Reuters) - Tom Joyce, the former chief executive officer of Knight Capital who helped the trading firm avoid bankruptcy, has resigned from the company just days after its takeover by rival Getco was finalized, the newly combined trading firm said in a statement. N.Y. attorney general probes payroll cards over fees New York (Reuters) - New York is investigating some of the country's largest companies over their use of cards to pay hourly employees, a person familiar with the matter said on Wednesday. Related Video U.S. Day Ahead: Possible fireworks seen in June jobs report Techquity: Apple's fashionable move, Samsung and Yahoo deals Economic News Jobs data upbeat, but trade and services dim outlook Small business hiring falls again in June: NFIB 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