Business Today: Wall Street bounces back, tech shares lead

	Click to View in Browser 04/19/2013 Wall Street bounces back, tech shares lead NEW YORK (Reuters) - Stocks rose on Friday as earnings from Google and other companies boosted technology shares, but it wasn't enough to prevent the S&P 500 from suffering its worst week since November. FAA approves Boeing Dreamliner battery system design (Reuters) - Regulators on Friday approved a revamped battery system for Boeing Co's 787 Dreamliner, a crucial step in returning the high-tech jet to service after it was grounded in January because the plane's lithium-ion batteries overheated. Toyota readies U.S. production of Lexus ES by 2015 NEW YORK (Reuters) - Toyota Motor Corp plans to assemble the Lexus ES 350 sedan at its Kentucky plant in 2015, marking the first time the Japanese automaker has built a vehicle from its luxury lineup in the United States. Court backs AIG bid for new venue in big Bank of America fraud case (Reuters) - American International Group Inc won a legal victory over where a mortgage fraud lawsuit it brought against Bank of America Corp should be heard, a two-year-old case that has largely been on hold because of the dispute over venue. G20 agrees not to set hard targets on debt reduction (Reuters) - Finance leaders of the G20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard targets for reducing national debt in a sign of worry over a sluggish global recovery. Jobless rates plummet in states with housing recovery (Reuters) - Unemployment rates dropped in most states in March from the year before, including California where joblessness fell to a four-year low, as the recovery picked up in places hit hard by the housing downturn. Dell shares at two-month low after Blackstone pulls out SAN FRANCISCO (Reuters) - Dell Inc shares slid to a two-month low on Friday after private equity firm Blackstone Group LP withdrew its buyout bid, blaming a crumbling PC market for reduced financial forecasts at the world's No. 3 PC maker. Sprint/SoftBank asks FCC to go ahead with deal review NEW YORK (Reuters) - Sprint Nextel Corp and SoftBank Corp asked regulators on Friday to go ahead with a review of their proposed $20.1 billion deal after Sprint's rival suitor, Dish Network Corp , asked for a suspension of the review. GE trims profit outlook on Europe weakness; stock slumps (Reuters) - General Electric Co warned of slowing profit growth in its industrial businesses due to weakness in Europe and sliding turbine sales, unnerving Wall Street and pushing its stock down in morning trading. Boeing stock rises as Dreamliner crisis nears end NEW YORK (Reuters) - Investors sent Boeing Co's stock higher on Friday as regulators appeared poised to end a three-month grounding of the high-tech airliner that cost millions of dollars and hurt the reputation of the world's largest planemaker. Related Video MuniLand: Jump in tax revenues not enough to cover costs-RBC Techquity: IBM feeling blue, Google's mobile mojo Economic News Jobless rates plummet in states with housing recovery Fed's Stein backs putting price on bank access to liquidity 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