Business Today: Futures edge higher after February retail sales

Click to View in Browser 03/13/2012 Futures edge higher after February retail sales NEW YORK (Reuters) - Stock index futures slightly added to gains after data showed retail sales recorded their largest gain in five months in February. February retail sales rise to largest gain in five months WASHINGTON (Reuters) - Retail sales recorded their largest gain in five months in February as Americans snapped up motor vehicles and bought a range of goods even as they paid more for gasoline, government data showed on Tuesday. Broker departures accelerate at Merrill Lynch NEW YORK (Reuters) - At least 50 advisers who managed nearly $12 billion in client assets at Merrill Lynch have left the "thundering herd" since January 1, based on moves tracked by Reuters. Bailout can make Greek debt sustainable, but risks remain: EU/IMF BRUSSELS (Reuters) - Greece's second bailout package can make its debt sustainable, but Athens will have to stick firmly to agreed policies until 2030 and may need more money after 2014, an updated debt sustainability analysis by international lenders shows. Audi in talks to buy motorbike maker Ducati: sources FRANKFURT (Reuters) - Volkswagen AG unit Audi is in talks to buy Italian motorbike maker Ducati, two sources familiar with the matter said, in a deal that could extend a long-standing rivalry with BMW to superbikes. Credit Suisse banker fined $327,900 over bond issue LONDON (Reuters) - Britain's Financial Services Authority (FSA) has fined Nicholas Kyprios, head of Credit Suisse's European Credit Sales business in London, 210,000 pounds ($327,900), alleging that he gave away confidential client information. Fed seen biding time, assessing jobs gains WASHINGTON (Reuters) - The Federal Reserve on Tuesday is expected to hold a steady course on monetary policy, acknowledging a mildly brighter economic outlook while refraining from any suggestion that further easing is now off the table. EU, U.S., Japan launch rare earth WTO case against China BRUSSELS (Reuters) - The European Union, United States and Japan formally asked the World Trade Organization on Tuesday to settle a dispute with China over Beijing's restriction on exports of raw materials, including rare earth elements critical to major industries. MF Global customers get offers for claims: paper (Reuters) - Some big financial firms have offered to buy the claims of thousands of MF Global customers, whose money went missing after the brokerage firm collapsed last year, the New York Times said, citing people involved in the negotiations. Yahoo sues Facebook for infringing 10 patents SAN FRANCISCO (Reuters) - Yahoo Inc sued Facebook Inc over 10 patents that include methods and systems for advertising on the Web, opening the first major legal battle among big technology companies in social media. Related Video U.S. Morning Call: Yahoo sues Facebook; Apple holds talks EU demands US ends Boeing subsidies Economic News Fed seen biding time, assessing jobs gains U.S. retail therapy needed 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