Business Today: Wall Street rebounds with tech gains, signs of growth

	Click to View in Browser 01/30/2014 Wall Street rebounds with tech gains, signs of growth NEW YORK (Reuters) - The S&P 500 scored its biggest gain in more than a month on Thursday as Facebook led a tech rally and data showed the U.S. economy was on solid footing in the fourth quarter. Google fourth-quarter consolidated revenue tops Wall Street target SAN FRANCISCO (Reuters) - Google Inc's consolidated revenue beat Wall Street's target in the fourth quarter even as pricing for its online ads weakened during the holiday season. Amazon holiday sales in line, stock drops SEATTLE (Reuters) - Amazon.com Inc reported close-to-expected sales for the crucial holiday quarter, with less growth than some had hoped for outside North America, pushing its shares down more than 9 percent after hours. NY court lets lawsuit against Goldman over Timberwolf CDO proceed NEW YORK (Reuters) - A New York state appeals court on Thursday refused to dismiss a $1.07 billion lawsuit accusing Goldman Sachs Group Inc of selling securities as the financial crisis began that it expected to lose value. Jobless claims rise more than expected WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend suggested the labor market continued to heal. Households, trade keep U.S. economy humming in fourth quarter WASHINGTON (Reuters) - Strong household spending and robust exports kept the U.S. economy on solid ground in the fourth quarter, but stagnant wages could chip away some of the momentum in early 2014. UPS sees no rerun of glitch-marred December: CFO (Reuters) - United Parcel Service Inc has vowed to avoid a repeat of last year's Christmas holiday season when unexpectedly high volume and huge delays frustrated customers who wanted their packages delivered on time. Conoco beats expectations as bigger oil rivals struggle HOUSTON (Reuters) - Oil producer ConocoPhillips outshone larger competitors on Thursday with a quarterly profit that beat expectations as it moved to overcome the problems of high costs and lack of fresh reserves that have nagged at Exxon Mobil Corp and Royal Dutch Shell . Boeing to pay bonuses to aircraft workers for 2013 performance NEW YORK (Reuters) - Boeing Co said on Thursday it would pay bonuses to engineers, machinists and other employees in response to the company's strong 2013 performance. Facebook shares surge as mobile ads click (Reuters) - Facebook Inc's shares rose as much as 17 percent to a life-high after the company's resounding revenue growth underscored CEO Mark Zuckerberg's success in selling ad space on the social network's mobile app. Related Video Budget news gives Greece reason to hope Santander profits as Spain grows Economic News Households, trade keep U.S. economy humming in fourth quarter Jobless claims rise more than expected 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