| | | NEW YORK (Reuters) - U.S. stocks closed little changed in choppy trade on Friday after labor market data removed some uncertainty about Federal Reserve policy, but concerns remained about possible military action by the West against Syria. | | | | | | WASHINGTON (Reuters) - U.S. employers hired fewer workers than expected in August and the jobless rate hit a 4-1/2 year low as Americans gave up the search for work, complicating the Federal Reserve's decision on whether to scale back its massive monetary stimulus this month. | | | | | | | OMAHA, Neb./GRENVILLE, South Carolina (Reuters) - One of the Federal Reserve's most hawkish officials urged the central bank on Friday to curb bond buying to $70 billion a month when it meets later this month, while a noted policy dove agreed that the Fed could start to taper later this year. | | | | | | | WASHINGTON (Reuters) - Wall Street's billion-dollar bargain hunt for homes in depressed markets across the United States appears to have plateaued, potentially helping to cool the steep run-up in home prices and bring first-time buyers back into the market. | | | | | NEW YORK (Reuters) - Johnson & Johnson has launched a sale process for its Ortho Clinical Diagnostics unit, which makes blood screening equipment and laboratory blood tests and could fetch around $5 billion, three people familiar with the matter said on Friday. | | | | | WASHINGTON (Reuters) - A $410 million settlement by JPMorgan Chase & Co of alleged manipulation in the power market served the public interest more than an uncertain legal fight to punish individual bank executives, a U.S. regulator has said. | | | | | | | NEW YORK (Reuters) - Verizon Communications Inc has been sued by a shareholder seeking to void its $130 billion buyout of Vodafone Group Plc's stake in the companies' wireless joint venture on the grounds the price is too high. | | | | | BOGOTA (Reuters) - A vote to end a more than six-week-long strike by union employees at U.S. coal miner Drummond's Colombian operations does not halt the work stoppage, but it may increase pressure for the main union to make that happen, sources said on Friday. | | | | | | CERNOBBIO, Italy (Reuters) - European Competition Commissioner Joaquin Almunia will discuss a state bailout of Italian bank Monte dei Paschi di Siena, which requires EU approval, at a meeting with Italy's economy minister on Saturday, a source close to the matter said. | | | | | | LJUBLJANA (Reuters) - Slovenia - struggling to avoid an economic bailout - will liquidate two small banks, Factor Banka and Probanka, to ensure the financial stability of its banking system, the country's officials said on Friday. | | | | | | | 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 | |
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