Business Today: Wall Street closes higher on jobless claims data

	Click to View in Browser 09/26/2013 Wall Street closes higher on jobless claims data NEW YORK (Reuters) - U.S. stocks ended up on Thursday, with the S&P 500 snapping a five-day losing streak, on positive data about the labor market. Fed needs better way to signal policy, officials say FRANKFURT/STOCKHOLM/HOUGHTON, Michigan (Reuters) - The Federal Reserve confused financial markets over scaling back its bond buying, three top officials said on Thursday, with one arguing the central bank should link tapering to drops in the jobless rate and another calling for a broad remake of strategy. Exclusive: Nestle weighing sale of PowerBar - sources LONDON/NEW YORK (Reuters) - Nestle SA , the world's largest food company, is looking to divest its PowerBar energy bars, a pioneer of sports nutrition products, according to four people familiar with the matter. Nike revenue surges in North America and Europe (Reuters) - Nike Inc on Thursday posted a higher quarterly profit, helped by big sales gains in North America and Europe, and the maker of sports clothes and shoes said global orders for delivery later this year rose 8 percent. On stage in Chicago, JPM director Jackson offers his apologies CHICAGO (Reuters) - The head of JPMorgan Chase & Co's audit committee acknowledged on Thursday that the bank had made mistakes and said it has tried to learn from them. Exclusive: KCG nears $12 million settlement with SEC on Knight glitch - sources NEW YORK (Reuters) - The successor company to Knight Capital Group is near a settlement of around $12 million with the U.S. Securities and Exchange Commission related to last year's trading glitch that disrupted equity markets and led to Knight's sale, according to two sources. U.S. data gives conflicting signals on economy's health WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes fell for the third straight month in August but fewer Americans filed new claims for jobless benefits last week, giving conflicting signals on the health of the economy. Alitalia seeks capital hike, Air France-KLM votes against: source ROME (Reuters) - Struggling Italian carrier Alitalia will seek a capital increase of at least 100 million euros ($135 million), it said on Thursday after reporting another heavy loss for its first half. JPMorgan's Dimon meets with U.S. Attorney General Holder (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon met Thursday morning with U.S. Attorney General Eric Holder as the nation's biggest bank attempts to end investigations into its sales of shoddy mortgage securities leading up to the financial crisis. Exclusive: KKR pulls out of Jones Group auction - sources NEW YORK (Reuters) - Private equity firm KKR & Co LP has withdrawn from the bidding process for Jones Group Inc , two people familiar with the matter said on Thursday, raising questions over the prospects of the auction for the fashion and footwear company. Related Video T-Mobile dark on BlackBerry Researchers predict violent response to global warming Economic News Fed needs better way to signal policy, officials say U.S. data gives conflicting signals on economy's health 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