Business Today: Wall Street set for slight gains as earnings season eyed

		Click to View in Browser 04/9/2013 Wall Street set for slight gains as earnings season eyed NEW YORK (Reuters) - Wall Street was set to start slightly higher on Tuesday after encouraging economic data from China, while investors braced for corporate earnings that are expected to show only modest growth. In Berlin, treasury secretary talks up policies to spur demand BERLIN (Reuters) - Treasury Secretary Jack Lew on Tuesday urged countries with a budget surplus to introduce policies to help domestic consumption, in what appeared to be a prod at Germany. J.C. Penney board comes under fire for CEO switch (Reuters) - The board of J.C. Penney Co Inc is facing scathing criticism from retail investors and corporate governance experts after ousting Chief Executive Ron Johnson and replacing him with his own embattled predecessor, Myron Ullman. Cypriot committee suspends probe into bank transfers list NICOSIA (Reuters) - A parliamentary committee looking into who transferred money out of Cyprus before the island's banking system was locked down in March suspended its probe on Tuesday, complaining of not being given all the data it had demanded from the central bank. Too early to call U.S. in a spring "swoon": Fed's Bullard (Reuters) - A top Federal Reserve official downplayed the meager March jobs report, arguing he still expects unemployment to tick down to about 7 percent by year's end and suggesting the economy is not entering another spring "swoon." Brazil's Embraer looks to shock Lockheed with price of cargo jet RIO DE JANEIRO (Reuters) - Brazilian planemaker Embraer SA is looking to shock rivals with the price of its KC-390 military transport plane when it starts booking firm orders within the next 12 months, according to a senior executive. Split Austrian government ready for EU talks on bank secrecy VIENNA (Reuters) - Austria will join Luxembourg for talks with the European Union on how to crack down on cross-border tax cheats, Chancellor Werner Faymann said on Tuesday, signaling an easing of its hardline stance on bank secrecy. Lagardere sells EADS stake for $3 billion PARIS/FRANKFURT (Reuters) - French media group Lagardere has sold its 7.4 percent stake in Airbus parent EADS, kicking off a long-expected overhaul in the ownership of Europe's top aircraft maker. Fiat says Americas, Asia to support 2013 targets TURIN, Italy (Reuters) - Italian carmaker Fiat does not expect to revise its 2013 targets, although it may become more reliant on growth in the Americas and Asia amid weak European markets, its chief executive said on Tuesday. Fiat "must continue to grow", says Chairman John Elkann TURIN (Reuters) - Italian carmaker Fiat has expanded its geographical reach thanks to its acquisition of Chrysler but is still "too small" and "must continue to grow", Chairman John Elkann said on Tuesday. Related Video U.S. Morning Call: Out with the new, in with the old at JCP Reuters Breakingviews: U.S. workers stuck euro-style Economic News Too early to call U.S. in a spring "swoon": Fed's Bullard Small business confidence sags in March 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