Business Today: Stock futures tick higher in low volume, volatility eyed

		Click to View in Browser 02/11/2013 Stock futures tick higher in low volume, volatility eyed NEW YORK (Reuters) - Stock index futures edged higher on Monday, suggesting equities will extend their multi-year closing highs from Friday, but low volume and the absence of economic indicators on tap could make trading volatile. Square scandal highlights growing pains at tech start-ups SAN FRANCISCO (Reuters) - When Square Chief Operating Officer Keith Rabois left his job last month, citing legal threats from a young colleague with whom he had a two-year relationship, he threw a spotlight on the risks associated with the freewheeling startup culture that many entrepreneurs cherish. Insight: Has Volkswagen discovered the Holy Grail of carmakers? BERLIN/DETROIT (Reuters) - Ulrich Hackenberg isn't yet a household name but if Volkswagen's $70 billion bet on his big idea pays off, he may join the likes of Henry Ford, Alfred Sloan and Taiichi Ohno in the canon of auto industry pioneers. Novo Nordisk hit hard as U.S. rebuffs insulin drug COPENHAGEN (Reuters) - U.S. regulators have dealt a major blow to Novo Nordisk's hopes for its new long-acting insulin Tresiba by demanding the Danish drugmaker conduct more clinical tests to assess potential heart risks. U.S. Air, AMR near $11 billion merger, deal seen within week : sources NEW YORK (Reuters) - US Airways Group Inc and AMR Corp are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, after resolving key differences on valuation and management structure, people familiar with the matter said. Australia to grill Apple, others on pricing CANBERRA (Reuters) - Apple Inc has been ordered to appear before Australia's parliament with fellow technology giants Microsoft Inc and Adobe Systems Inc to explain why local consumers pay so much for their products, despite the strong Aussie dollar. EU Commission calls for restructuring over Peugeot aid BRUSSELS (Reuters) - The European Commission called for PSA Peugeot Citroen to present a restructuring plan within six months in return for approving state aid for the French carmaker's financing arm. OECD lead indicator shows U.S., others improving PARIS (Reuters) - Several of the world's leading economies are showing signs of improvement while the euro zone has stabilized even if France remains weak, an indicator compiled by Organisation for Economic Cooperation and Development suggested on Monday. "Revolving door" may have hurt SEC money fund reforms: report WASHINGTON (Reuters) - Former U.S. Securities and Exchange Commission staffers who now work in the private sector may have helped derail last year's effort to reform the $2.6 trillion money market fund industry, a report said. Insight: Apple and Samsung, frenemies for life SAN FRANCISCO/SEOUL (Reuters) - It was the late Steve Jobs' worst nightmare. A powerful Asian manufacturer, Samsung Electronics Co Ltd, uses Google Inc's Android software to create smartphones and tablets that closely resemble the iPhone and the iPad. Samsung starts gaining market share, hurting Apple Inc's margins and stock price and threatening its reign as the king of cool in consumer electronics. Related Video U.S. Morning Call: U.S. Air, AMR near $11 billion merger Market Pulse: Expect noises on currency wars, little action Economic News Economy likely grew in fourth quarter "Revolving door" may have hurt SEC money fund reforms: report 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