Business Today: Exclusive: SoftBank eyes T-Mobile US as ‘Plan B'

	Click to View in Browser 06/7/2013 Exclusive: SoftBank eyes T-Mobile US as 'Plan B' (Reuters) - SoftBank Corp is in talks with Deutsche Telekom AG over a possible deal for T-Mobile US Inc , as the Japanese company looks for alternatives to enter the U.S. wireless market if its $20.1 billion deal with Sprint Nextel Corp falls apart, according to three sources familiar with the situation on Friday. Fed's Plosser says jobs report another reason to trim QE3 PHILADELPHIA (Reuters) - The latest jobs report on Friday showed that government spending cuts have so far not been as damaging as some feared, Philadelphia Fed President Charles Plosser said, adding it only entrenched his opinion that the Federal Reserve should reduce its bond buying "now". Wall St. closes higher after jobs data NEW YORK (Reuters) - The S&P 500 ended a two-week losing streak on Friday as U.S. jobs data eased anxiety that the Federal Reserve may be reducing its stimulus program in the near future. Exclusive: Icahn, Southeastern prepare Dell CEO shortlist - sources NEW YORK (Reuters) - Carl Icahn and Southeastern Asset Management Inc are short-listing potential candidates to become the next Dell Inc chief executive should they succeed in a proxy battle against Michael Dell and Silver Lake Partners, two sources close to the matter told Reuters. Analysis: U.S. government shutdown battle looms as budget woes fester WASHINGTON (Reuters) - The annual spending bills now working their way through the Congress were supposed to mark a welcome return to fiscal normalcy in Washington. Exclusive: Marubeni set to cut Gavilon energy arm out of takeover TOKYO (Reuters) - Japanese trading house Marubeni Corp is in advanced talks to cut Gavilon's energy business out of its planned takeover of the U.S. commodity merchant, two sources with direct knowledge of the deal said on Friday. Hiring points to resilience in economy WASHINGTON (Reuters) - Employers stepped up hiring a bit in May in a show of economic resilience that suggests the Federal Reserve could begin to scale back its monetary stimulus later this year. Consumer credit rises, credit card usage less robust WASHINGTON (Reuters)- Consumer credit increased in April but a modest increase in a measure of credit card usage suggested households are still working on reducing their debt load, which could hobble consumer spending growth. Royalty Pharma raises bid for Elan to potential $8 billion DUBLIN/NEW YORK (Reuters) - Royalty Pharma on Friday raised its hostile bid for Irish drug firm Elan to a potential $8 billion, the third increase in five months. Wal-Mart annual meeting: glitz, songs, stock buyback, protests FAYETTEVILLE, Arkansas (Reuters) - Wal-Mart Stores Inc's board approved a $15 billion stock repurchase plan, its first in two years, the world's largest retailer announced at its annual meeting on Friday. Related Video Fed wants to taper as soon as markets allow- Moody's Lonski People want back in the job market- Wells Fargo's Silvia Economic News Fed's Plosser says jobs report another reason to trim QE3 Consumer credit rises, credit card usage less robust 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