Business Today: Wall Street ends lower on renewed euro zone fears

	Click to View in Browser 02/7/2013 Wall Street ends lower on renewed euro zone fears NEW YORK (Reuters) - Stocks declined on Thursday, taking a step back from their recent advance, prompted by comments by the ECB president on the euro and Europe's outlook. Jobless claims point to healing in labor market WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell last week and a trend reading hit a near five-year low, signs a grinding recovery in the labor market remains on track. Activist investor sues Apple in bid to unlock its cash NEW YORK/SAN FRANCISCO (Reuters) - Apple Inc. on Thursday confronted its first major challenge from an activist shareholder in years as hedge fund manager David Einhorn's Greenlight Capital filed suit against the company and demanded that it dole out a bigger piece of its $137 billion cash pile to investors. As ads dip, Times Co increases revenue on circulation gains (Reuters) - The New York Times Co said because more people are paying for its digital newspapers revenue grew in the fourth quarter, sending shares up as high as 15 percent on Thursday. U.S. appeals court takes up closely watched patent fight (Reuters) - A federal appeals court is set to consider a case closely watched by Google Inc, Facebook Inc and other technology companies that could determine how far the patent system should go in protecting software inventions. UBS wins end to "travesty" of lawsuit over tax evasion (Reuters) - Calling them "tax cheats" and their lawsuit a "travesty," a U.S. appeals court threw out an effort by some American customers of UBS AG to recover damages over bank services that resulted in their having evaded U.S. taxes. U.S. judge narrows Google patent suit against Microsoft (Reuters) - A U.S. judge narrowed a patent lawsuit brought by Google's Motorola Mobility unit against Microsoft Corp, finding that parts of three Motorola patents are invalid. U.S. regulator raises prospect of longer delay for Boeing 787 WASHINGTON/NEW YORK (Reuters) - Regulators need to rethink how they approved the batteries on the Boeing Co 787, a top U.S. safety official said on Thursday, adding a new and potentially time-consuming wrinkle to the plane's grounding. Deep cracks emerge as EU states begin budget talks BRUSSELS (Reuters) - A high-profile summit to negotiate the EU's next long-term budget was delayed by more than five hours and then got off to a shaky start on Thursday after stark differences emerged between Britain, France and other countries over the headline figures. Productivity declines most in nearly two years WASHINGTON (Reuters) - U.S. nonfarm productivity fell in the fourth quarter by the most in nearly two years as output increased marginally despite steady gains in employment, the Labor Department said on Thursday. Related Video FACTBOX: Einhorn bites Apple Techquity: Apple's dividend battle, Google's valuation issue Economic News Jobless claims point to healing in labor market January deficit shrinks to $2 billion, CBO says 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