Business Today: Wall Street closes higher, S&P at another record

	Click to View in Browser 04/2/2014 Wall Street closes higher, S&P at another record NEW YORK (Reuters) - The S&P 500 closed at another record high on Wednesday as private-sector labor market data suggested that the economy was slowly building momentum after a winter-related pullback earlier in the year. U.S. senator accuses GM of 'culture of cover-up' in recalls WASHINGTON (Reuters) - General Motors Co CEO Mary Barra came under withering attack for her company's decade-long failure to deal with defective parts linked to fatal crashes, in a hearing where U.S. Senators accused the company of "criminal" behavior and "a culture of cover-up." Ex-JPMorgan trader in 'Whale' scandal open to facing U.S. charges NEW YORK (Reuters) - A lawyer for a former JPMorgan Chase & Co trader accused of helping to hide trading losses tied to a $6.2 billion financial scandal said on Wednesday his client was open to leaving France to voluntarily face U.S. criminal charges. Microsoft to offer Windows for free on phones, tablets SAN FRANCISCO (Reuters) - Microsoft Corp is to give away its Windows operating system to makers of smartphones and small tablets for consumers as it seeks to make more of an impact on those fast-growing markets and counter the massive success of Google Inc's free Android platform. Amazon unveils $99 Fire TV set-top box to rival Apple NEW YORK/SAN FRANCISCO (Reuters) - Amazon.com Inc unveiled a $99 video streaming device dubbed Fire TV on Wednesday, the U.S. e-commerce leader's latest step to beef up its multimedia presence and capitalize on the growing appetite for digital media. New York judge dismisses lawsuit against Madoff feeder fund NEW YORK (Reuters) - A New York state judge has dismissed a lawsuit brought by an investor in a fund managed by Tremont Group Holdings, one of the largest feeders of funds into Bernard Madoff's Ponzi scheme. U.S. regulators warn banks about rise in cyber-attacks WASHINGTON (Reuters) - A group of top U.S. regulators on Wednesday warned about the threat of rising cyber-attacks on bank websites and cash machines, urging the industry to put proper measures in place to guard against fraud. U.S. gives foreign banks more time on anti-tax dodge law (Reuters) - The U.S. Treasury Department on Wednesday gave foreign financial institutions 10 extra days to register with the U.S. government, under a new law to combat offshore tax dodging by Americans that goes into effect on July 1. U.S. Treasury says pay will not increase for Ally Financial CEO WASHINGTON (Reuters) - The Obama administration is holding the total compensation unchanged this year for the head of bailed-out auto lender Ally Financial , the Treasury Department said on Wednesday. Apple in talks to buy Japan chip venture to secure iPhone supply chain TOKYO (Reuters) - Apple Inc, seeking to secure its mobile supply chain, has opened discussions to buy control of a Japanese venture that makes key microchips for its iPhone screens, sources familiar with the matter say. Related Video Breakingviews: Patience of Virtu Google's big share price cut Economic News Private-sector hiring breaks out of winter freeze Fed's Lockhart says sustained three percent growth would warrant rate hike 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