| | 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. | | | | | 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 . | | | | | | 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. | | | | | | | | 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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