Business Today: Jobless claims fall to lowest level in almost five-and-half years

		Click to View in Browser 05/9/2013 Jobless claims fall to lowest level in almost five-and-half years WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5-1/2 years last week, signaling labor market resilience in the face of fiscal austerity. Stock futures point to slightly lower open after rally NEW YORK (Reuters) - Stock index futures pointed to a slightly lower open on Thursday despite stronger-than-expected data on the labor market, with Wall Street coming off a sustained rally that took the S&P 500 to record closing highs for five straight sessions. Huawei's CEO breaks silence, says company not connected to U.S. cyber threats (Reuters) - Ren Zhengfei, founder and CEO of Huawei Technologies Co Ltd, defended the Chinese firm's stand on U.S. cyber-security concerns when he spoke to the media for the first time on Thursday, lifting a veil of secrecy surrounding the elusive executive. Exclusive - Peregrine Financial scion: My father is dead to me SAN FRANCISCO/CHICAGO (Reuters) - Russell Wasendorf Jr., whose father went to prison for stealing $215 million from clients of the futures brokerage they ran together for nearly 20 years, is starting over. China inflation data shows central bank policy dilemma BEIJING (Reuters) - China's annual consumer inflation accelerated more than expected in April while factory prices fell for a 14th consecutive month, highlighting the dilemma facing the central bank as it balances support for the economy against the threat of rising prices. Insight: Bangalore on Tagus? Portugal outsourcing gets reforms boost LISBON (Reuters) - When Nelson Craveiro lost his minimum wage job selling soft drinks last October due to Portugal's raging economic crisis, he dared not imagine that his fluent German would soon get him a better-paying job without the need to emigrate. Fannie Mae to send $59.4 billion to U.S. Treasury WASHINGTON (Reuters) - Fannie Mae , the nation's biggest mortgage finance company, on Thursday said it will pay $59.4 billion in dividends to the U.S. Treasury after a record profit in the first quarter that reflected a multibillion dollar tax-related gain. Dish Network profit drops 40 percent; subscription growth falls (Reuters) - Dish Network Corp's first-quarter profit fell 40 percent, hurt by higher programming and subscriber-acquisition costs, and the U.S. satellite TV company added fewer subscribers than expected. Consumer Reports gives near-perfect score to Tesla Model S DETROIT (Reuters) - Consumer Reports magazine awarded a near-perfect score to Tesla Motors Co's Model S, citing the electric car's power, "pinpoint" handling and quiet, well-crafted interior. Tensions high as Amplats to unveil South Africa job cuts plan JOHANNESBURG (Reuters) - Anglo American's platinum arm, under pressure from South Africa's government, could announce a restructuring plan on Thursday or Friday that will sharply scale back job losses as it tries to balance out cost cuts and the threat of labor unrest. Related Video U.S. Morning Call: Dish profits drop; Groupon surprises FACTBOX: Dear Europe, a very unhappy birthday Economic News Jobless claims fall to lowest level in almost five-and-half years Fed's Plosser wants to slow bond buys 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