Business Today: S&P 500 closes down on Cyprus, Dow ends flat

	Click to View in Browser 03/19/2013 S&P 500 closes down on Cyprus, Dow ends flat NEW YORK (Reuters) - The S&P 500 fell for a third day on Tuesday, but pared losses late in the day after lawmakers in Cyprus rejected a proposed tax on bank deposits. Cyprus lawmakers reject bank tax; bailout in disarray NICOSIA (Reuters) - Cyprus's parliament overwhelmingly rejected a proposed levy on savings in banks as a condition for a European bailout on Tuesday, throwing international efforts to rescue the latest casualty of the euro zone debt crisis into disarray. Microsoft backs review of foreign bribery allegations SEATTLE (Reuters) - Microsoft Corp said on Tuesday that allegations of potential bribery by employees in China, Romania and Italy should be reviewed by U.S. agencies and its own compliance unit, but declined to address the specifics of any cases. Ryanair lifts Boeing with $16 billion 737 order DUBLIN/NEW YORK (Reuters) - Budget Irish airline Ryanair handed Boeing its largest European order ever on Tuesday, a deal for 175 jets worth $16 billion at list prices that boosts the U.S. planemaker's fortunes and strengthens the Irish carrier's domination of Europe's low-cost market. Exclusive: Roche joins Life Tech auction; KKR, H&F team up - sources NEW YORK (Reuters) - Roche Holding AG and a buyout group comprising KKR & Co LP and Hellman & Friedman LLC have joined the bidding for Life Technologies Corp, a genetic testing company coveted for its advanced diagnostics and steady cash flow, according to people familiar with the matter. Judge OKs Hostess's Twinkies, Ding Dongs sale (Reuters) - Twinkies, Ding Dongs and Wonder Bread may soon be back in stores after a bankruptcy court judge on Tuesday approved sales of several iconic brands that had been owned by the failed Hostess Brands Inc. Lawmakers worry about fare hikes at airline merger hearing WASHINGTON (Reuters) - Lawmakers discussing the US Airways Group plan to merge with AMR Corp, parent to American Airlines, asked CEOs from the two companies repeatedly on Tuesday if the deal would mean higher fares or reduced service for the U.S. flying public, and were told it would not. Starbucks buys first coffee farm, will research devastating leaf rust (Reuters) - Starbucks Corp , the world's biggest coffee chain, said on Tuesday that it bought its first coffee farm, where it will research the leaf rust that is devastating Central American crops as well as harvest its own beans. Ford to pay $750 million severance to workers at Belgium plant DETROIT (Reuters) - Hourly workers at Ford Motor Co's plant in Genk, Belgium, will get $750 million in severance as part of a deal that allows the automaker to close that factory by the end of 2014, the company said on Tuesday. Nokia wins German patent ruling against HTC FRANKFURT/HELSINKI (Reuters) - A German court ruled in favor of Finnish mobile phone maker Nokia on Tuesday, saying some devices made by Taiwan's HTC infringed on its power-saving patent. Related Video Techquity: Palo Alto interested in mobile tech firms Daily Digit: Groundbreaking up 917,000 Economic News Bill to avert government shutdown inches to Senate passage Fed to hold course on stimulus despite debate over risks 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