Business Today: Wall Street little changed as Ukraine diplomacy advances

	Click to View in Browser 03/12/2014 Wall Street little changed as Ukraine diplomacy advances NEW YORK (Reuters) - U.S. stocks were little changed on Wednesday amid signs of progress in diplomatic attempts to ease tensions in Ukraine and as investors shrugged off concern over weakness in the Chinese economy. Herbalife says FTC opens inquiry long sought by Ackman (Reuters) - Herbalife Ltd said on Wednesday that the U.S. Federal Trade Commission had opened an inquiry into its operations, news that briefly sent the nutrition and weight loss company's share price down more than 16 percent. GM recommends lighter key rings after recall DETROIT (Reuters) - General Motors Co said on Wednesday that even after the vehicles in its ignition-switch recall are repaired, owners should still have only the key and fob on the key ring. U.S. fourth quarter GDP growth may be revised higher: economists WASHINGTON (Reuters) - U.S. fourth-quarter growth is likely to be revised higher after services industry data on Wednesday suggested a much stronger pace of consumer spending than the government had previously assumed, according to economists. Big fine imposed on ex-Goldman trader Tourre in SEC case NEW YORK (Reuters) - A U.S. judge on Wednesday ordered former Goldman Sachs Group Inc trader Fabrice Tourre to pay more than $825,000 after a jury found him liable for defrauding investors in a subprime mortgage product that failed during the financial crisis. Comcast lobbyist Cohen meets his match in FCC's Wheeler WASHINGTON/NEW YORK (Reuters) - Comcast Corp's top lobbyist David Cohen is known to be a savvy political operator, having pushed through the No. 1 U.S. cable operator's landmark acquisition of media giant NBC Universal in 2011. 'Candy Crush' maker sees up to $7.6 billion IPO valuation (Reuters) - King Digital Entertainment Plc, maker of hit mobile phone game "Candy Crush Saga", expects to be worth up to $7.6 billion when it goes public this month in the United States, amid concerns about its over reliance on the game. Fed vice chair nominee Fischer stresses financial stability SAN FRANCISCO/ NEW YORK (Reuters) - Stanley Fischer, U.S. President Barack Obama's pick for the No. 2 spot at the Federal Reserve, dove in Wednesday to one of the most important debates at the U.S. central bank, as he called for making financial stability an "explicit" policy focus. Wall Street cash bonuses highest since 2008 crash: report NEW YORK (Reuters) - The average bonus on Wall Street jumped 15 percent last year to the highest level since the 2008 financial crisis and was the third largest on record, New York State's budget watchdog said on Wednesday. UAW slams decision giving anti-union workers voice in VW dispute (Reuters) - The United Auto Workers on Wednesday sharply criticized and vowed to appeal a U.S. agency's decision to let anti-UAW Volkswagen workers defend the results of an election that the union lost last month at a Tennessee VW plant. Related Video Flotation flurry as retailers catch tide Chill wind over Europe's big energy firms Economic News Fed vice chair nominee Fischer stresses financial stability U.S. fourth quarter GDP growth may be revised higher: economists 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