Business Today: Nasdaq closes above 4,000 for first time in 13 years

	Click to View in Browser 11/26/2013 Nasdaq closes above 4,000 for first time in 13 years NEW YORK (Reuters) - The Nasdaq composite index closed above 4,000 on Tuesday for the first time since 2000 as the Dow and the S&P 500 ended little changed. HP quarterly revenue beats, shares jump SAN FRANCISCO (Reuters) - Hewlett-Packard Co's fourth-quarter revenue beat expectations as rising sales from its key enterprise group helped offset a shrinking personal computer business, an optimistic sign that sent its shares rallying more than 7 percent. U.S. trial ends over Ecuador pollution judgment against Chevron NEW YORK (Reuters) - An attorney for Chevron Corp on Tuesday accused U.S. lawyer Steven Donziger of orchestrating an international criminal conspiracy by using bribery and fraud in Ecuador to secure a multibillion-dollar pollution judgment against the oil company. Buffett says right plan would restore market for Detroit debt DETROIT (Reuters) - Investor Warren Buffett said Tuesday he expects the market for Detroit's debt to pick up again and bond insurers to begin backing the debt once the city submits an appropriate recovery plan to bankruptcy court. U.S. auto sales to end year strong, but fears about incentives mount DETROIT (Reuters) - U.S. auto sales are expected to finish the year at a fast pace, with demand possibly at its highest in November, but Wall Street remains worried the industry could return to overly generous incentives that would eat into profits. ComScore expects U.S. e-commerce holiday sales to rise 16 percent NEW YORK (Reuters) - ComScore Inc , an analytics firm whose data is closely watched by Wall Street, on Tuesday predicted U.S. e-commerce sales will grow 16 percent to $55.2 billion this holiday season. Privately held Cox looking at bid for Time Warner Cable: WSJ (Reuters) - Privately held Cox Communications is considering bidding for Time Warner Cable either on its own or as part of a joint bid, The Wall Street Journal reported on Tuesday, citing anonymous sources. Auto sector adds spark to Japan's electronic components industry TOKYO/OSAKA (Reuters) - Japanese electronic component makers are looking beyond a fickle smartphone market that once lured them with rocketing growth, tying their fortunes more closely to the most resilient of Japan's big industries: automobiles. Housing data brightens U.S. economic growth outlook WASHINGTON (Reuters) - Permits for future U.S. home construction hit a near 5-1/2 year-high in October and prices for single-family homes notched big gains in September, suggesting a run-up in mortgage interest rates has not derailed the housing recovery. Small software maker wins $24.8 million judgment vs. Lockheed WASHINGTON (Reuters) - Command Technology Inc, a privately held firm that developed electronic maintenance manuals for Lockheed Martin Corp's F-16 fighter jet, has won a $24.8 million judgment against the Pentagon's biggest supplier for unfair competition. Related Video Housing market will continue to expand in 2014-S&P's Blitzer Weaker consumer confidence will weigh on holidays-Goldstein Economic News Housing data brightens U.S. economic growth outlook U.S. auto sales to end year strong, but fears about incentives mount 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