Business Today: Wall Street ends up after Citi results, retail sales

	Click to View in Browser 04/14/2014 Wall Street ends up after Citi results, retail sales NEW YORK (Reuters) - U.S. stocks closed higher on Monday as Citigroup's earnings and strong retail sales gave investors reasons to buy equities despite a resurgence of geopolitical uncertainties. Bullish U.S. retail sales brighten growth outlook WASHINGTON (Reuters) - U.S. retail sales recorded their largest gain in 1-1/2 years in March in a decisive sign the economy is bouncing back from its weather-induced slumber. Citi posts higher income as troubled assets perform better (Reuters) - Citigroup Inc posted better-than-expected quarterly income as losses on troubled assets narrowed, but revenue declined in many of its major businesses and operating expenses remained stubbornly high. Google to buy drone-maker Titan Aerospace (Reuters) - Google Inc has acquired solar-powered drone maker Titan Aerospace as the Web search giant ramps up plans to deliver wireless Internet access to remote parts of the world. Lawsuit claims CME gave high-frequency traders special access (Reuters) - A group of traders has sued CME Group Inc, accusing the operator of the world's largest derivatives exchange of selling market data to high frequency traders, cheating other investors who lacked such access. Consumers' view of U.S. job market brightened in March: NY Fed NEW YORK (Reuters) - U.S. consumers grew more confident in the labor market last month, with younger workers in particular seeing a greater chance of finding work should they lose their current job, a survey from the Federal Reserve Bank of New York said on Monday. Mexico bank regulator, Citigroup report second fraud at Banamex MEXICO CITY (Reuters) - Citigroup and Mexico's bank regulator on Monday said they uncovered a second fraud at Citi's local unit Banamex, as part of a wider investigation following the discovery in February of fraudulent loans to oil services company Oceanografia. Walgreen under shareholder pressure to relocate to Europe: FT (Reuters) - U.S. drugstore chain operator Walgreen Co is under pressure from a group of shareholders to consider relocating to Europe to gain tax benefits, the Financial Times reported. GM says heads of communications and human resources leaving company DETROIT (Reuters) - General Motors Co announced on Monday that its heads of human resources and communications are leaving the company "to pursue other interests." Gucci takes direct control of Moscow shops MILAN (Reuters) - Italian fashion and leather brand Gucci, which is owned by French group Kering , has taken direct control of its shops in Moscow and will open two new sales outlets in the Russian capital, the company said on Monday. Related Video Brighter future after retail rebound - Niemira EU threatens new sanctions on Russia Economic News Bullish U.S. retail sales brighten growth outlook Higher 2013 U.S. taxes surprise some investors, tax preparers say 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