Career News 24/7: Before the Bell: Durable goods orders, shipments bounce back in February

Wednesday, March 26, 2014

Before the Bell: Durable goods orders, shipments bounce back in February

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03/26/2014

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

Durable goods orders, shipments bounce back in February

WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rebounded more than expected in February and shipments snapped two straight months of declines, providing fresh signs the economy was shaking off some of its winter gloom.

Nissan recalling over one million vehicles for airbag issue

DETROIT (Reuters) - Nissan Motor Co is recalling 1,053,479 vehicles globally, mostly in the United States, to fix software that could deactivate the front passenger airbag.

Global shares hit two-week highs on upbeat U.S. data, Ukraine calm

LONDON (Reuters) - European and Asian shares climbed to two-week highs on Wednesday, with investor confidence getting a welcome boost from upbeat U.S. data, talk of fresh central bank stimulus and diminishing concern over Ukraine.

FAA tells Boeing to fix 747-8 software to avoid crash

WASHINGTON (Reuters) - The U.S. Federal Aviation Administration on Tuesday ordered an immediate fix to the latest version of Boeing Co's 747-8 plane, saying a software glitch could cause it to lose thrust when close to landing and fly into the ground.

U.S. banks brace for second Fed health check in a week

WASHINGTON (Reuters) - U.S. banks will tell shareholders on Wednesday how much they plan to pay out after the U.S. Federal Reserve unveils whether they can afford the cost and still be robust enough to weather the next crisis.

Rupert Murdoch brings son Lachlan back to media empire

(Reuters) - Rupert Murdoch has elevated son Lachlan to the top of his multi-billion dollar family media empire after a seven-year break, appointing him non-executive co-chairman of both News Corp and 21st Century Fox Inc.

Lufthansa cancels 600 flights on Thursday due to strike

FRANKFURT (Reuters) - Lufthansa , Germany's largest airline, said it had cancelled around 600 flights - about a third of its services - on Thursday due to a planned strike by public-sector workers across the country's airports.

Mt. Gox says working with police in missing bitcoin probe

TOKYO (Reuters) - In the first confirmation of a criminal investigation at Mt. Gox, the failed Tokyo-based bitcoin exchange said on Wednesday it was working with the police "with regard to the disappearance" of bitcoins worth some $490 million at current prices.

Exclusive: Carlyle seeking to buy a traditional asset manager

NEW YORK (Reuters) - Carlyle Group LP is considering buying a traditional money manager to broaden its own investment platform, as the private equity firm tries to attract more retail investors and achieve the higher stock market valuation commanded by such managers, according to sources familiar with the situation.

Fed's Bullard says U.S. jobless rate expected to fall below six percent this year

HONG KONG (Reuters) - The U.S. unemployment rate will fall below 6 percent by the end of this year, a Federal Reserve official said on Wednesday, offering a bullish view on the country's economy after central bank comments sent shock waves through financial markets last week.