Business Today: Icahn cautious on stocks, will not walk away from Apple

	Click to View in Browser 11/18/2013 Icahn cautious on stocks, will not walk away from Apple (Reuters) - Activist investor Carl Icahn said on Monday he is "very cautious" on the stock market, saying he could see a "big drop" because earnings at many companies are fueled more by low borrowing costs than management's efforts to boost results. Dow, S&P pull back from records after Icahn's caution NEW YORK (Reuters) - The S&P 500 and the Nasdaq ended lower on Monday while the Dow failed to close above its milestone level of 16,000 as stocks sold off late in the session following Carl Icahn's cautious comments on the equities market. Madoff victims, including indirect investors, may soon get another $2.35 billion NEW YORK (Reuters) - Thousands of victims of Bernard Madoff's fraud, including many who have so far recovered nothing, may start pursuing an additional $2.35 billion to cover some of their losses, U.S. Attorney Preet Bharara in New York said on Monday. Fed's Dudley 'hopeful' on recovery; Plosser calls for capping QE NEW YORK (Reuters) - Top Federal Reserve officials from opposite sides of the policy spectrum pointed to improvement in the U.S. economy on Monday, adding more weight to the notion that the central bank is getting close to reducing the pace of its monthly asset purchases. Google to pay $17 million to settle states' Safari probe SAN FRANCISCO (Reuters) - Google Inc will pay $17 million to settle allegations by 37 states and the District of Colombia that it secretly tracked Web users by placing special digital files on the Web browsers of their smartphones. Salesforce.com quarterly revenue rises to $1.08 billion SAN FRANCISCO (Reuters) - Salesforce.com Inc on Monday said quarterly revenue rose 36 percent to $1.08 billion, narrowly beating Wall Street expectations, after sales were boosted by its June acquisition of email marketing firm ExactTarget. Warrnambool farmers pivotal in global battle for Australia's oldest dairy producer WARRNAMBOOL, Australia (Reuters) - Dairy farmers in the tiny Australian town of Warrnambool, battered in recent years by drought, a stubbornly high currency and a bruising supermarket war over milk prices, are on the cusp of a much welcome windfall. Alitalia may cut up to 2,600 staff to cut costs: union sources ROME (Reuters) - Alitalia may cut up to 2,600 jobs in its first mass lay-offs since the airline was privatized, union sources said on Monday, citing a restructuring plan the company approved last week to cut costs and keep its planes in the air. After huge orders, Airbus and Boeing sign Gulf supply deals DUBAI (Reuters) - Airbus and Boeing agreed to triple purchases of parts and materials from Abu Dhabi in deals worth over $5 billion on Monday, as Gulf states seek a reciprocal boost to their economies from huge orders they have placed with the planemakers. Insight: Work ethic, comic hero make Koreans hot shots in car design (Reuters) - In today's auto industry, where famed Japanese quality and durability are increasingly a given, design is king and, among designers, South Koreans are hot property. Related Video Researchers make big noise about ionic conductors Daily Digit: Dow 16k Economic News Fed's Dudley 'hopeful' on recovery; Plosser calls for capping QE Economies likely stalled in more than 100 US metros in 2013: Mayors 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