Business Today: Wall Street closes at multi-year highs on ECB, data

	Click to View in Browser 09/6/2012 Wall Street closes at multi-year highs on ECB, data NEW YORK (Reuters) - Stocks closed at multi-year highs on Thursday, with the S&P 500 ending at its highest level since before the collapse of Lehman Brothers as investors hailed a new European bond-buying program aimed at stemming the region's debt crisis. Lackluster economy shows stronger pulse WASHINGTON (Reuters) - Companies added staff in August at the fastest clip in five months and a gauge of employment in the service sector also improved, upbeat signals for a struggling labor market. Charlotte company illustrates U.S. stimulus ups and downs CHARLOTTE, North Carolina (Reuters) - Few companies in the U.S. South have gotten as much nurturing by President Barack Obama's administration as Charlotte-based Celgard LLC. Obama and two of his Cabinet secretaries visited the plant and praised its successes after it was awarded $48.7 million in stimulus grants. Nomura's U.S. stock traders get a jolt NEW YORK (Reuters) - Nomura Holdings' decision to scale back its equity trading business halts its ambitious U.S. growth plans and creates a Manhattan real-estate conundrum for Japan's biggest brokerage. Draghi gets ECB backing for unlimited bond-buying FRANKFURT (Reuters) - The European Central Bank agreed on Thursday to launch a new and potentially unlimited bond-buying program to lower struggling euro zone countries' borrowing costs and draw a line under the debt crisis. Airbus sales head joins EADS executive committee PARIS (Reuters) - Europe's EADS on Thursday named Airbus sales head John Leahy to its executive committee, which sets strategy for the European commercial and military aviation group. Analysis: ECB sets stage for euro rescue but will Spain jump? PARIS (Reuters) - European Central Bank President Mario Draghi has delivered a roadmap for rescuing the euro zone from potential meltdown but the onus is now on Spain to swallow its pride and apply for help to bring down crippling borrowing costs. Value of Bernanke's personal assets held steady in 2011 WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke may be wealthy according to the standards of most Americans, but the assets he held last year were valued well below those of some of his colleagues on the U.S. central bank's board. Senate committee launches probe of JPM's "Whale" losses NEW YORK (Reuters) - A Senate committee has launched a probe into JPMorgan Chase's "London Whale" trading losses, according to a source familiar with the investigation. General Motors needs to dump Opel, Morgan Stanley says DETROIT (Reuters) - The time has come for General Motors Co to cut ties with its money-losing European business, Opel, which has been a drag on the U.S. automaker for years, a Wall Street analyst said on Thursday. Related Video Wealth Strategies: Aug jobs report may be enough to delay QE Food prices stable but grain a worry Economic News Lackluster economy shows stronger pulse Foreign central banks' U.S. debt holdings rise: Fed 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