Business Today: Wall St. ends higher; Internet shares gain

	Click to View in Browser 05/19/2014 Wall St. ends higher; Internet shares gain NEW YORK (Reuters) - U.S. stocks closed higher on Monday, with another drop in bond yields supporting equities, while gains in Internet and biotech stocks gave the Nasdaq an outsized advance. AT&T deal opens era of competition with Mexico's Slim MEXICO CITY (Reuters) - For a generation, AT&T and Mexican billionaire Carlos Slim's telephone business stood side by side and grew to become giants of the industry north and south of the Rio Grande. Fed's super-easy policies pose risks, officials say DALLAS (Reuters) - The Federal Reserve's super-easy policies, if pursued for too long, could have adverse consequences in the long run, two top Fed officials said on Monday, although the biggest risk is not runaway inflation. Sprint to pay $7.5 million in record U.S. settlement for unwanted calls WASHINGTON (Reuters) - Sprint Corp will pay $7.5 million to settle allegations that it failed to spare consumers from unwanted telemarketing calls, U.S. communications regulators said on Monday. France's Publicis wins $500 million deal with Facebook: Ad Age (Reuters) - France's Publicis Groupe SA has won a digital marketing deal with Facebook Inc worth about $500 million including spending, website Ad Age reported citing an executive familiar with the matter. AstraZeneca rejects Pfizer's take-it-or-leave-it offer LONDON (Reuters) - Britain's AstraZeneca on Monday rejected a sweetened and "final" offer from Pfizer, puncturing the U.S. drugmaker's plan for a merger to create the world's biggest pharmaceuticals group. Ousted New York Times editor to grads: Show what you are made of WINSTON-SALEM/NEW YORK (Reuters) - The New York Times' ousted top editor Jill Abramson made her first public remarks on Monday not shying away from the controversy surrounding her departure and told graduates to fight back. AT&T-DirecTV merger may hinge on NFL agreement (Reuters) - If DirecTV is unable to strike a deal with the National Football League to renew the satellite TV operator's contract to offer the popular NFL Sunday Ticket football package, AT&T Inc can pull out of the merger, according to a regulatory filing. Deutsche Bank chairman leads battle for the bulge bracket FRANKFURT (Reuters) - Paul Achleitner, the chairman of Deutsche Bank , believes Europe needs a global investment bank to support the region's companies that can measure up to rivals in the United States. GM names new top spokesman Cervone, turning to old hand DETROIT (Reuters) - General Motors Co has turned to an old hand to lead its global communications as it deals with the fallout of a defective ignition-switch issue linked to at least 13 deaths and the recall of 2.6 million vehicles. Related Video So why did AstraZeneca reject Pfizer? Upgrades: JPM, TXT, CVX Economic News Fed's super-easy policies pose risks, officials say Pricey mortgages hurting U.S. home sales: San Francisco Fed 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