Business Today: S&P ends over 1,400 for first time since 2008 credit crisis

Click to View in Browser 03/15/2012 S&P ends over 1,400 for first time since 2008 credit crisis NEW YORK (Reuters) - The S&P 500 closed above 1,400 for the first time since the 2008 financial crisis on Thursday as stocks resumed the upward climb that has produced a steady stream of gains this year. U.S. jobless claims fall, manufacturing holds up WASHINGTON/NEW YORK (Reuters) - U.S. economic growth showed signs of becoming more self-sustaining as the number of Americans claiming new jobless benefits fell back to a four-year low last week and manufacturing activity in the Northeast picked up this month. Exclusive: U.S., Britain set to agree emergency oil stocks release LONDON (Reuters) - Britain has decided to cooperate with the United States on a release of strategic oil stocks that is expected within months, two British sources said, in a bid to prevent fuel prices choking economic growth in a U.S. election year. FERC settlement with Constellation largest since 2005 HOUSTON (Reuters) - Constellation Energy Group Inc's $245 million settlement with regulators over charges of power market manipulation includes the largest fine handed out by the Federal Energy Regulatory Commission since 2005, the agency said on Monday. TNT Express-UPS deal to come after Friday: sources LONDON/NEW YORK (Reuters) - United Parcel Service and TNT Express are unlikely to announce a deal on Friday when they need to update the market about the status of their merger talks, three sources close to the talks said, but a deal could come soon after that. MF Global customers may see more payback (Reuters) - The trustee liquidating MF Global's broker-dealer is asking a bankruptcy court for permission to distribute an additional $600 million to U.S. exchange customers whose accounts were frozen when the futures broker collapsed. China halts 10 more Airbus orders: sources PARIS (Reuters) - China has suspended the purchase of 10 more Airbus jets, two people familiar with the matter said on Thursday, raising the stakes in a potentially damaging trade row over European Union airline emissions charges. Carlyle advisor pleads guilty to NBTY insider trading (Reuters) - A Chicago-based consultant on Thursday pleaded guilty to trading on confidential information about private-equity firm Carlyle Group's planned acquisition of vitamin company NBTY Inc. UK should not delay too long on RBS sale: Hester LONDON (Reuters) - Britain should not delay too long kick-starting the sale of its shares in Royal Bank of Scotland , the chief executive of RBS said, as speculation grows that the government could sell an initial stake at a loss. IMF approves $36.7 billion bailout for Greece WASHINGTON (Reuters) - The International Monetary Fund on Thursday approved a 28 billion euro ($36.7 billion) bailout for Greece, part of a broader international rescue package for the debt-strapped euro zone member. Related Video Fed's bank stress tests were flawed, Whalen says New commodity-based MLP ETF could offer 8.7% yield Economic News U.S. jobless claims fall, manufacturing holds up Philly Fed factory activity grows in March 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