Business Today: Wall Street set to extend rally as private hiring picks up

		Click to View in Browser 03/6/2013 Wall Street set to extend rally as private hiring picks up NEW YORK (Reuters) - Wall Street was set to drive the rally further on Wednesday, the day after the Dow set a new record, as hiring by companies rose strongly last month. Private sector adds 198,000 jobs in February: ADP NEW YORK (Reuters) - U.S. private employers added a larger-than-expected 198,000 jobs in February, bolstering hopes that hiring across the economy is improving, a report by a payrolls processor showed on Wednesday. Dell's special committee defends sale of company (Reuters) - A special committee of Dell Inc's board of directors said the pending sale of the PC maker was the best alternative for shareholders, despite opposition from its largest outside shareholder. GM struggles to overcome Chevrolet and Opel rivalry GENEVA (Reuters) - When Geneva taxi driver Boulbaba Ben Hassine took his Opel Zafira MPV back to the dealership for maintenance, a salesman tried to sell him a Chevrolet Cruze station wagon. Nasdaq, SharesPost to set up exchange for unlisted stock (Reuters) - Nasdaq OMX Group Inc said it will form a marketplace for trading in shares in unlisted companies in a joint venture with SharesPost Inc, whose private trading platform has run into regulatory trouble. EU fines Microsoft $731 million for breaking browser promise BRUSSELS (Reuters) - The European Union fined Microsoft Corp 561 million euros on Wednesday for failing to offer consumers a choice of web browser, a charge that will act as a warning to other technology firms involved in antitrust disputes with the EU. South African mobile operator MTN eyes Myanmar license JOHANNESBURG (Reuters) - MTN Group , Africa's largest mobile phone company, is interested in a Myanmar operating license, which it expects will cost the winning bidder $200-$500 million in license fees. Exclusive: Apple's Cook, music mogul Iovine discuss new music service SAN FRANCISCO/LOS ANGELES (Reuters) - Apple Inc has held talks with Beats Electronics LLC, the audio technology firm co-founded by influential hip-hop producer Dr Dre and music mogul Jimmy Iovine, on a potential partnership involving Beats' planned music-streaming service, three people familiar with the situation told Reuters. Samsung gets a foot in at key Apple supplier Sharp with $110 million investment TOKYO/SEOUL (Reuters) - Samsung Electronics Co , with a $110 million investment in cash-strapped Sharp Corp , will broaden its supplier base, gain access to low-power thin screen technology and get a foot in the door at one of Apple Inc's key Asian display suppliers. Mortgage applications surged last week as rates fell: MBA NEW YORK (Reuters) - Applications for home mortgages rebounded last week after three straight weeks of declines as interest rates tumbled, data from an industry group showed on Wednesday. Related Video U.S. Morning Call: Stock futures point to fresh peaks Market Pulse: Equity rally has legs - for now Economic News Private sector adds 198,000 jobs in February: ADP Mortgage applications surged last week as rates fell: MBA 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