Business Today: Futures rise after payrolls data

Click to View in Browser 03/9/2012 Futures rise after payrolls data NEW YORK (Reuters) - Stock index futures turned higher on Friday after data showed employment grew solidly for a third straight month in February, a sign the economic recovery was broadening. Payrolls up solidly, jobless rate at 8.3 percent WASHINGTON (Reuters) - Employment grew solidly for a third straight month in February, a sign the economic recovery was broadening and in less need of further monetary stimulus from the Federal Reserve. January trade gap widens as imports hit record high WASHINGTON (Reuters) - The trade deficit widened more than expected in January as high oil prices and resurgent demand helped pushed imports to a record high, a Commerce Department report showed on Friday. Greece averts immediate default, markets skeptical ATHENS (Reuters) - Greece averted the immediate threat of an uncontrolled default on Friday, winning strong acceptance from its private creditors for a bond swap deal which will eat into its mountainous public debt and clear the way for a new bailout. Ericsson jobs on the line in North America STOCKHOLM (Reuters) - Ericsson , the world's top mobile telecoms equipment maker, is to cut jobs at its North American operations as part of a continued drive for greater efficiency in a business seeing slower sales. Former Starbucks executive to be Best Buy digital chief NEW YORK (Reuters) - Best Buy Co named former Starbucks Chief Information Officer Stephen Gillett as the head of its digital and global business services, effective March 14. Barclays may settle action over Libor probe LONDON (Reuters) - Britain's Barclays may have to settle legal and regulatory action against it relating to a global investigation into possible manipulation of interbank lending rates. Boeing dwarfs Airbus orders in January-February PARIS (Reuters) - European planemaker Airbus reshuffled its order book but sold no previously unassigned aircraft in February and remains well behind Boeing since the start of the year, company data showed on Friday. OPEC pumps record volumes despite demand worry (Reuters) - Europe's debt crisis and an oil price rally are the biggest threats to global oil demand this year, OPEC said on Friday, adding it was still pumping above its target despite a slide in Iranian production. Wal-Mart wins final go-ahead for Massmart deal CAPE TOWN (Reuters) - A South African court on Friday largely dismissed an appeal from government and unions to roll back approval for Wal-Mart's $2.4 billion acquisition of Massmart , ending months of uncertainty about the status of the deal. Related Video Insider Asks: Will the recovery be choked by oil prices? Market Pulse: New Greek bonds to trade above Portugal Economic News Payrolls up solidly, jobless rate at 8.3 percent No risk to dollar if China expands yuan's role: Geithner 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