Business Today: Stock futures add to gains after data

		Click to View in Browser 05/2/2013 Stock futures add to gains after data NEW YORK (Reuters) - Stock futures added to earlier gains on Thursday after data showed the number of Americans applying for unemployment insurance fell last week to its lowest level since the early days of the 2007-2009 recession. Jobless claims fall sharply to five-year low WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell sharply last week to its lowest level since the early days of the 2007-09 recession, suggesting the job market is still healing despite weakness in the broader economy. Trade gap narrows in March on weak imports WASHINGTON (Reuters) - The trade deficit fell more than expected in March as imports recorded their biggest drop since 2009, the latest sign of slowing domestic demand. ECB cuts rates to support flagging euro zone economy BRATISLAVA (Reuters) - The European Central Bank cut interest rates for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation. GM posts strong profit as North America, Europe better than expected DETROIT (Reuters) - General Motors Co posted stronger-than-expected quarterly profit on Thursday as the automaker kept a tight grip on costs in its North American and European businesses. Court hears UK taxman struck Goldman deal to save face LONDON (Reuters) - Britain's tax authority approved a controversial deal with Goldman Sachs partly to avoid the embarrassment of the U.S. bank pulling out of a new tax framework, a court heard on Thursday. Kellogg first-quarter profit hurt by ingredient costs (Reuters) - Kellogg Co reported lower quarterly earnings on Thursday, hurt by higher ingredient costs, and said it was on track to meet its full-year goals. U.S. planned layoffs at lowest of the year in April: Challenger NEW YORK (Reuters) - The number of planned layoffs at U.S. firms fell to their lowest level of the year in April, suggesting slowing economic growth has not translated into significant job losses, a report showed on Thursday. UBS faces calls for break-up at investor meeting ZURICH/LONDON (Reuters) - UBS faced a fresh call to separate its investment banking operations and wealth management division at an investor meeting on Thursday, after activist investor Knight Vinke Asset Management demanded a review of the Swiss bank's structure. Shell's renaissance CEO Voser to retire early LONDON (Reuters) - Royal Dutch Shell's 54-year old chief executive Peter Voser is to retire next year in a surprise early departure he said was driven by a desire for a change of lifestyle. Related Video Fed could boost or curb stimulus Economy angst prevails; Facebook excites Economic News Jobless claims fall sharply to five-year low Trade gap narrows in March on weak imports 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