Business Today: Wall Street ends up a day after sharp selloff

	Click to View in Browser 02/4/2014 Wall Street ends up a day after sharp selloff NEW YORK (Reuters) - U.S. stocks ended higher on Tuesday, buoyed by encouraging earnings, as the market attempted to stabilize in the wake of its largest selloff in months a day earlier. Target executive apologizes at U.S. Senate hearing for data breach WASHINGTON (Reuters) - A senior official at Target Corp told U.S. lawmakers on Tuesday the retailer was "deeply sorry" for the massive data breach it suffered over the holiday shopping period, and said it was determined to win back customers' trust. Microsoft names Nadella as next CEO, Gates to advise on technology SEATTLE (Reuters) - Microsoft Corp named 22-year company veteran Satya Nadella as its next chief executive officer on Tuesday and said co-founder Bill Gates would step down as chairman and advise the new CEO on technology, marking an epochal change of control at the company that drove the PC revolution. U.S. judge approves JPMorgan's $543 million deal to settle Madoff claims NEW YORK (Reuters) - A federal bankruptcy judge on Tuesday approved JPMorgan Chase & Co's $543 million deal to end two private lawsuits stemming from its relationship with convicted Ponzi scheme mastermind Bernard Madoff. U.S. factory orders data eases economic slowdown fears WASHINGTON (Reuters) - New orders for U.S. factory goods outside of the volatile transportation sector rose for a third straight month in December, easing concerns of an abrupt slowdown in manufacturing activity. Carmaker Tesla wins China fans with 'fair' price strategy SHANGHAI (Reuters) - In China, where higher prices mean prestige, luxury U.S. electric carmaker Tesla is taking a bold step to win over clients and cachet by curbing the markup to just half of what some of its rivals can command. Analysis: Asian governments to central banks: it's our mess, you fix it TOKYO/JAKARTA (Reuters) - Asia's central bankers are being forced to juggle their day jobs with what their governments have failed to do - steeling their economies for the hard times. Pimco Total Return posts $3.5 billion outflow in January: Morningstar NEW YORK (Reuters) - Investors pulled $3.5 billion from Pimco's Total Return Fund in January, Morningstar data showed on Tuesday, the ninth straight month of outflows from the world's biggest bond fund which is run by Bill Gross. Apple, U.S. clash in court over e-books antitrust monitor NEW YORK (Reuters) - Apple Inc urged a federal appeals court on Tuesday to put a court-appointed antitrust monitor on hold, arguing that his efforts were harming the company's business. U.S. factory orders data eases economic slowdown fears WASHINGTON (Reuters) - New orders for U.S. factory goods outside of the volatile transportation sector rose for a third straight month in December, easing concerns of an abrupt slowdown in manufacturing activity. Related Video So is BP worth investing in? Breakingviews: Microsoft's disappearing old guard Economic News U.S. deficit to decline, then rise as labor market struggles: CBO 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