Business Today: Google to acquire Nest for $3.2 billion in cash

	Click to View in Browser 01/13/2014 Google to acquire Nest for $3.2 billion in cash SAN FRANCISCO (Reuters) - Google Inc on Monday announced plans to acquire Nest Labs Inc, a maker of smart thermostats and smoke alarms, for $3.2 billion, one of the Internet search company's largest acquisitions. Apple loses bid to block antitrust monitorship NEW YORK (Reuters) - Apple Inc lost a bid on Monday to block an antitrust monitor appointed after a judge's finding that the company conspired to fix e-book prices. Wall Street slides on caution ahead of earnings NEW YORK (Reuters) - U.S. stocks tumbled on Monday on caution ahead of corporate results, as mounting negative pre-announcements left a lackluster profit growth outlook. Madoff trustee wins court fight over Picower settlement NEW YORK (Reuters) - Two former investors with Bernard Madoff cannot pursue claims against the estate of a Florida businessman who was one of the convicted swindler's biggest clients, a federal appeals court ruled on Monday. U.S. posts record December budget surplus WASHINGTON (Reuters) - The U.S. government last month posted the largest budget surplus for any December on record, boosted by payments from government-controlled housing finance giants Fannie Mae and Freddie Mac . U.S. venture funds raise more in fourth quarter, but less for year SAN FRANCISCO (Reuters) - U.S. venture funds raised $4.85 billion last quarter, up 53 percent from the same period a year ago, but full-year 2013 fundraising fell 15 percent compared to the year before. Fed's Lockhart gives cautious backing to more QE cuts ATLANTA (Reuters) - A top U.S. central banker on Monday cautiously endorsed further cuts to a stimulative bond-buying program, warning the labor market has not yet healed and that there are worrisome signs of disinflation in the economy. Hyundai Motor sees U.S. market share rebound to 4.7 percent in 2014 DETROIT (Reuters) - Hyundai Motor expects its market share to bounce back to 4.7 percent this year from 4.6 percent in 2013, propelled by new models such as the revamped Sonata sedan and eased capacity constraints, the automaker's U.S. chief told Reuters on Monday. Japan's Suntory to buy U.S. spirits maker Beam for $13.6 billion cash LONDON/NEW YORK (Reuters) - Suntory Holdings Ltd on Monday said it would buy U.S. spirits company Beam Inc for $13.6 billion cash in a deal that would make the Japanese company the world's third-largest spirits maker. Ford to double hybrid offerings by 2020: development chief DETROIT (Reuters) - The top development executive at Ford Motor Co said on Monday that the U.S. automaker plans to double its hybrid offerings by 2020. Related Video H&R Block CEO on the opportunitites of Obamacare Detroit Car Show 2014: Europe has bottomed out -Zetsche Economic News U.S. posts record December budget surplus Jobless drop forces Fed's hand on forward guidance: Lockhart 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