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Tuesday, June 10, 2014

Daily Investor Briefing: Wall St. ends flat; Dow edges up to a...

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06/10/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Wall St. ends flat; Dow edges up to a record
NEW YORK (Reuters) - U.S. stocks ended flat on Tuesday, with the Dow eking out a record closing high while the S&P 500 utilities sector index fell as 10-year Treasury bond yields hit their highest level in a month.
GM plans no more dismissals linked to switch recall: CEO
DETROIT (Reuters) - General Motors Co does not plan more employee dismissals relating to the company's handling of a defective ignition switch linked to at least 13 deaths, Chief Executive Mary Barra said on Tuesday.
Exclusive: Amazon.com plans local services marketplace this year - sources
SAN FRANCISCO (Reuters) - Amazon.com Inc later this year plans to launch a marketplace for local services, a broad term that encompasses anything from babysitters to handymen, several people familiar with the matter said.
AIG says Peter Hancock to replace Robert Benmosche as CEO
(Reuters) - American International Group Inc said it named Peter Hancock as its new chief executive, effective Sept. 1.
EU to launch formal investigation into Apple's Irish tax deal - report
DUBLIN (Reuters) - The European Commission will launch a formal investigation on Wednesday into Apple Inc's tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source.
You say tomato? Ford says tom-auto in eco parts quest
LONDON (Reuters) - Auto maker Ford Motor Co is looking to add a new environmental option to its tool box. Tomatoes.
U.S. small business, jobs data bolster growth picture
WASHINGTON (Reuters) - The U.S. economy has decisively turned the corner with small business confidence hitting its highest level in more than 6-1/2 years in May and the number of jobs available rising to pre-recession levels in April.
Allergan rejects Valeant and Ackman's raised takeover offer
(Reuters) - The battle for botox maker Allergan Inc heated up on Tuesday as the company officially rejected a sweetened $53 billion takeover offer from Valeant Pharmaceuticals International and activist investor William Ackman.
Target appoints GM exec to help oversee security efforts
(Reuters) - Retailer Target Corp , recovering from a massive data breach, named General Motors Co executive Brad Maiorino to the newly created position of chief information security officer.
Battle over Airbus A330 revamp may pressure jet prices
PARIS (Reuters) - The world's top two planemakers are heading towards a showdown over the prices of their smaller twin-aisle airliners as Airbus draws closer to a decision to revamp its 20-year-old A330 model.
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