Business Today: Harsh weather, tight supply sink U.S. home sales

	Click to View in Browser 02/21/2014 Harsh weather, tight supply sink U.S. home sales WASHINGTON (Reuters) - Severe cold weather and a shortage of houses on the market pushed U.S. home resales to an 18-month low in January, the latest indication economic activity has hit a soft patch. Wall St. ends session lower, S&P 500 down for the week NEW YORK (Reuters) - Stocks ended lower on Friday in the face of another soft reading on the economy, with the S&P 500 facing resistance as it flirts with its record high. Exclusive: Fortress, others eye Citi's OneMain consumer finance unit NEW YORK (Reuters) - Citigroup Inc has been approached by Fortress Investment Group LLC and some other private equity firms about a potential deal for its consumer finance business, OneMain Financial, according to two people familiar with the situation. Exclusive: Ally targets March IPO to raise up to $4.5 billion, government exit (Reuters) - Ally Financial Inc is hoping for an initial public offering of as much as $4.5 billion next month, sources familiar with the matter said, in a deal that would allow the U.S. government to make a profit on its crisis-era bailout of the auto lender. Not a typo, monopsony in spotlight in U.S. cable deal WASHINGTON (Reuters) - If U.S. antitrust enforcers decide to challenge the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, it may be because of an idea with a funny-sounding name that has been gaining currency in government offices. Mexico media tycoon clash heats up, Slim attacked for Dish deal MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim is facing renewed accusations from rivals that he has skirted the law in a tie-up with pay-television provider Dish Mexico as a new telecommunications regulator prepares to issue a series of landmark antitrust rulings. Dish profit rises, chairman criticizes Comcast/TWC deal (Reuters) - Satellite TV provider Dish Network Corp reported a 38 percent rise in fourth-quarter profit on Friday and the company's chairman said he saw "nothing good" for competitors if U.S. regulators approve the merger of Comcast Corp and Time Warner Cable. UAW appeals Tennessee VW plant election to U.S. labor board (Reuters) - The United Auto Workers filed an appeal with the U.S. government on Friday, asking it to set aside the results of an election last week where workers at a Tennessee Volkswagen plant voted not to join the union. Exclusive: Testing detente, U.S. firms move to sell jet parts to Iran (Reuters) - U.S. aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades, in a key test of the temporary relief on sanctions given under talks to curtail Iran's nuclear activities. VW plans 6.7 billion euro Scania buyout to seal trucks deal BERLIN (Reuters) - Volkswagen plans to buy out minority shareholders of Swedish trucks division Scania for 6.7 billion euros ($9.21 billion) as it aims to jump-start a stalled eight-year effort to forge Europe's biggest truckmaker. Related Video Mugabe at 90, Zimbabwe still struggling Breakingviews: African sunshine Economic News Harsh weather, tight supply sink U.S. home sales U.S. economy stronger, more QE cuts ahead: Fed's Bullard 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