Business Today: Wall Street tumbles on emerging market concerns

	Click to View in Browser 01/24/2014 Wall Street tumbles on emerging market concerns NEW YORK (Reuters) - Stocks dropped for a second day on Friday and the S&P 500 posted its worst week since June 2012 as a selloff in emerging market assets fed through to wholesale pullbacks in equities. EBay reliance on PayPal for growth lowers chances of spinoff NEW YORK (Reuters) - EBay Inc is fighting the proposal by activist investor Carl Icahn to spin off PayPal because it views the payments service as crucial to long-term growth prospects of the e-commerce company. No bank too big to indict, U.S. attorney general says WASHINGTON (Reuters) - No American financial institution is too large to indict and no bank executive immune from criminal prosecution, Attorney General Eric Holder said in a television interview. Insight: U.S. pensions' funding gap closes, driving corporate profits NEW YORK (Reuters) - Corporate America is rapidly healing one of the last wounds suffered in the 2008 financial crisis. JPMorgan directors raise Dimon's pay after prior cut NEW YORK (Reuters) - Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co , got a 74 percent pay increase for 2013, when $20 billion of legal settlements weighed on the bank's income. Big Four firms, China in talks over corporate audit impasse: KPMG DAVOS, Switzerland (Reuters) - In the midst of a U.S.-China quarrel over corporate auditing, the global chairman of audit giant KPMG said on Friday that a "constructive dialogue" was under way to defuse the dispute, which led days ago to U.S. sanctions against the Chinese arms of the world's largest accounting firms. Aircraft finance on cloud nine as new money pours in DUBLIN (Reuters) - Crisis, what crisis? The good times are rolling in the aircraft finance industry as yield-hungry investors gamble on growing demand for air travel, banishing recent jitters over funding. Carrefour seals deal to buy 127 Klepierre malls PARIS (Reuters) - France's Carrefour said on Friday it signed a binding agreement with real estate group Klepierre to buy a portfolio of 127 shopping malls in Europe, with the deal expected to close in the first half of 2014. Former JPMorgan exec sued over $2 million Cantor Fitzgerald loan NEW YORK (Reuters) - Irvin Goldman, who briefly oversaw risk at JPMorgan Chase & Co during the "London Whale" derivatives debacle, is being sued for non-payment of a $2 million loan he received while working for Cantor Fitzgerald & Co. Boeing bullish on Brazil despite lost fighter jet deal SAO PAULO (Reuters) - Boeing Co says its failure to win a $4 billion-plus fighter jet deal in Brazil was a lost opportunity that will lead it to scale back planned investments in the country, although it still sees excellent opportunities in cargo, defense and biofuels. Related Video Freezing temps could hurt retailers spring sales- Katz Davos 2014: Mexico finance minister sees emerging markets volatility as Fed cuts stimulus Economic News Weakness in Asian economies seen persisting in 2014, China weighs Mexico draws over $7 billion in foreign investment at Davos 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