Business Today: S&P revises U.S. credit outlook to 'stable' from negative

	Click to View in Browser 06/10/2013 S&P revises U.S. credit outlook to 'stable' from negative NEW YORK (Reuters) - Standard & Poor's on Monday removed the near-term threat of another credit rating downgrade for the United States by revising its outlook to stable from negative, citing an improved economic and fiscal outlook. Wall Street near flat as Fed fears offset U.S. credit outlook revision NEW YORK (Reuters) - Stocks were nearly flat as worries about when or if the Federal Reserve might reduce its stimulus efforts offset a credit outlook upgrade for the United States. Apple unveils music streaming service, revamps iOS SAN FRANCISCO (Reuters) - Apple Inc on Monday unveiled a music streaming service that is a key part of overhauled mobile software that the company called the most revolutionary re-design of its operating system since the iPhone was introduced in 2007. Exclusive: EU regulators to clear Delta, Virgin deal unconditionally - sources BRUSSELS (Reuters) - Delta Air Lines is expected to secure unconditional European regulatory approval to buy a 49 percent stake in Virgin Atlantic, allowing it to compete better with rivals in the lucrative transatlantic market. Former Bristol-Myers executive admits to insider trading (Reuters) - A former Bristol-Myers Squibb Co finance executive on Monday pleaded guilty to an insider trading charge, admitting to buying stock options in a biotechnology company that the drugmaker was preparing to buy. Saab parent's $3 billion lawsuit versus GM thrown out by U.S. judge DETROIT (Reuters) - Dutch sports car maker Spyker NV's $3 billion lawsuit accusing General Motors Co of trying to bankrupt Swedish automaker Saab was dismissed by a U.S. federal judge on Monday who said the U.S. automaker had the right to block the sale of a company using its technology. GM to swap U.S. manufacturing chief to new job amid truck launch DETROIT (Reuters) - General Motors Co said on Monday it is switching its head of North American manufacturing to a new position now that the U.S. automaker has begun building new versions of its highly profitable full-size pickup trucks. Organic growers lose decision in suit versus Monsanto over seeds (Reuters) - Monsanto Co. on Monday won another round in a legal battle with U.S. organic growers as an appeals court threw out the growers' efforts to stop the company from suing farmers if traces of its patented biotech genes are found in crops. Airbus A400M delivery could slip into July: sources PARIS (Reuters) - The first delivery of the Airbus A400M, Europe's new military airlifter, could slip beyond its second-quarter target date and take place in July, industry sources said. Elan voluntarily dismisses U.S. lawsuit against Royalty NEW YORK (Reuters) - Irish drug firm Elan Corp Plc voluntarily dismissed its U.S. lawsuit against Royalty Pharma , the U.S. investment firm which increased its offer to take over Elan last week, a court filing showed on Monday. Related Video EU concerns over U.S. snooping Daily Digit: 9 hrs, 6 min of mobile networking Economic News S&P revises U.S. credit outlook to 'stable' from negative Surge in commercial lending raises bubble worries 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