Business Today: Wall St. falls in broad selloff; Twitter tumbles

	Click to View in Browser 05/6/2014 Wall St. falls in broad selloff; Twitter tumbles NEW YORK (Reuters) - U.S. stocks fell broadly on Tuesday, closing at session lows, with AIG pulling financial shares lower after disappointing earnings and as a slide in Twitter took down other names in the technology and internet space. 'Frozen' movie lifts Disney quarterly earnings (Reuters) - Media company Walt Disney Co reported higher profit for the quarter that ended in March, boosted by the continued strength of its blockbuster animated film "Frozen." Long bond price rises as traders await Yellen NEW YORK (Reuters) - The 30-year bond and other long-maturity U.S. Treasuries rose on Tuesday in thin, meandering trade ahead of potentially market-moving congressional testimony by Federal Reserve Chair Janet Yellen. Target's interim CEO says he does not want job permanently BOSTON (Reuters) - Target Corp interim chief executive John Mulligan said he is not interested in becoming the company's permanent chief executive. Exclusive: SEC probing brokerages over handling of retail orders - sources (Reuters) - The Securities and Exchange Commission has sent out subpoenas and demands for records to brokerage companies as part of a probe into how retail customers' orders are routed, executed and filled, according to several people familiar with the matter. DirecTV adds U.S. customers, shares rise (Reuters) - DirecTV , the No. 1 U.S. satellite TV provider, reported a higher-than-expected quarterly profit on Tuesday and said Los Angeles customers were not canceling their subscriptions even though they are shut out from watching LA Dodgers' baseball. UBS defeats shareholders' U.S. appeal over mortgage losses, tax probe NEW YORK (Reuters) - A federal appeals court in New York rejected appeals by UBS AG shareholders seeking to hold the Swiss bank liable for their losses for having concealed its exposure to risky mortgage-backed securities and helping clients evade U.S. taxes. U.S. trade gap narrows, but not enough to help GDP WASHINGTON (Reuters) - The U.S. trade deficit narrowed in March as exports rebounded, but the improvement was probably not enough to prevent the government from revising down its estimate of first-quarter growth to show a contraction. Conference hopes to put Miami on America's tech startup map MIAMI (Reuters) - Silicon Valley need have no fear, but look out for the latest upstart to enter the tech arena: Miami. Fiat Chrysler bets on Jeep, Alfa revamp to go global DETROIT (Reuters) - Fiat Chrysler is betting on a breakneck expansion of its upmarket Alfa Romeo, Jeep and Maserati brands to transform itself into a global car making powerhouse within five years. Related Video Light therapy could hold key to treating motor neuron disease China's new mission in Africa Economic News Long bond price rises as traders await Yellen U.S. trade gap narrows, but not enough to help GDP 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