Business Today: Wall Street rises on earnings, data, but record a hurdle

	Click to View in Browser 04/25/2013 Wall Street rises on earnings, data, but record a hurdle NEW YORK (Reuters) - Stocks rose on Thursday, lifted by stronger-than-expected earnings and a large drop in weekly jobless claims. Jobless claims fall, labor market recovery advances WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week by a surprisingly large 16,000, a sign there is still gas in the tank for the labor market's recovery despite signs of slower growth. Amazon first-quarter revenue matches expectations SAN FRANCISCO (Reuters) - Amazon.com Inc's first-quarter revenue jumped 22 percent to $16.07 billion, propelled by growing sales of digital content, cloud-computing services and gains in its main retail business. Starbucks second-quarter profit rises (Reuters) - Starbucks Corp reported higher quarterly profit on Thursday, helped by strength in the United States, its top market, despite an industry-wide spending downturn in February due to a U.S. payroll tax increase that lowered take-home pay. Insurers, long squeezed by low rates, now brace for a rise NEW YORK (Reuters) - Insurance companies are still very concerned about low interest rates pinching their investment profits. But for the first time in years, their second biggest concern is the risk of an unexpected spike in rates hurting investment portfolios instead. Exclusive: Verizon eyes roughly $100 billion bid for Vodafone's wireless stake NEW YORK/LONDON (Reuters) - Verizon Communications Inc has hired advisers to prepare a possible $100 billion bid to take full control of Verizon Wireless from its partner Vodafone Group Plc, two people familiar with the matter said. Soros reports 7.9 percent stake in Penney, shares rise NEW YORK (Reuters) - Billionaire investor George Soros reported a 7.9 percent passive stake in struggling department store chain J.C. Penney Co on Thursday. Analysis: Centuries-old Vienna bourse seeks lifeline in Warsaw VIENNA/WARSAW (Reuters) - The venerable Vienna Stock Exchange swallowed centuries of national pride this month to enter into talks that could lead to a merger with its upstart rival in Warsaw. Boeing gets 50 new orders for 737 jets (Reuters) - Boeing Co said it received 50 new orders for its 737 jets from unidentified customers. Tesla CEO tweets strategic announcement coming Friday DETROIT (Reuters) - Tesla Motors Inc Chief Executive Elon Musk said the electric carmaker on Friday will make a strategic announcement that according to a spokeswoman revolves around service. Related Video Where Netflix is trouncing Apple…for now China bird flu spurs drive for universal vaccine Economic News Jobless claims fall, labor market recovery advances Treasury's Lew says some markets still vulnerable to runs 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