| | | NEW YORK (Reuters) - U.S. stocks rose for a third day on Thursday after upbeat housing data and stronger-than-expected results from companies, including Citrix Systems Inc , overshadowed some high-profile earnings misses. | | | | | | (Reuters) - Starbucks Corp reported higher quarterly profit but global sales at established coffee shops fell short of analysts' estimates due to weakness in Europe. | | | | | | | WASHINGTON (Reuters) - The number of Americans lining up for new jobless benefits fell slightly last week but remained above levels posted earlier this year, suggesting improvement in the labor market is stalling. | | | | | | | (Reuters) - Quarterly earnings from the top two publicly traded oil companies on Thursday showed clearly both the challenge and potential gains of growing output, with Exxon Mobil Corp falling short and Royal Dutch Shell Plc easily beating estimates. | | | | | | | (Reuters) - China Eastern Airlines is set to place a $6 billion order for up to 20 Boeing 777 jets, while simultaneously emerging at the centre of an aviation row between China and the European Union by stalling a recent Airbus deal, people familiar with the matter said. | | | | | NEW YORK (Reuters) - The Federal Reserve's balance sheet contracted for first time in three weeks, prompted by a moderate decline in its bond holdings, Fed data released on Thursday showed. | | | | | | | LONDON (Reuters) - Rupert Murdoch called his News of the World tabloid an "aberration" on Thursday, accusing journalists of hiding phone-hacking from himself, his son James and his protégée Rebekah Brooks, and said he wished he had shut it down sooner. | | | | | (Reuters) - Johnson & Johnson is sending in a former Army Ranger to clean up several big messes that have hurt its reputation, earnings and share price in the past three years. | | | | | | (Reuters) - MetLife Inc, the largest U.S. life insurer and reverse mortgage lender, made a surprise shift on Thursday with the sale its reverse mortgage business as part of its exit from banking-related activities. | | | | | | DETROIT (Reuters) - General Motors Co Chief Executive Dan Akerson earned $7.7 million in cash and stock in 2011, the year the automaker reclaimed its global sales crown and boosted its annual profit by 62 percent, GM said in a proxy filing on Thursday. | | | | | | | 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 | |
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