Business Today: Jobless claims rise, but labor recovery grinds on

		Click to View in Browser 07/11/2013 Jobless claims rise, but labor recovery grinds on WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, although the level still appeared to point to healing in the nation's job market. Futures jump as worries ease over early stimulus pullback NEW YORK (Reuters) - Stock index futures climbed on Thursday, after comments by Federal Reserve Chairman Ben Bernanke indicated the central bank was unlikely to scale back its stimulus measures earlier than expected. China security ministry says GSK executives confess to economic crimes BEIJING (Reuters) - Executives of GlaxoSmithKline Plc in China have confessed to charges of bribery and tax law violations, the country's security ministry said, in one of the most prominent graft cases involving a foreign company in three years. Prices for U.S. imports and exports fall in June WASHINGTON (Reuters) - Prices for U.S. imports and exports fell in June for the fourth straight month, a sign of cooler economic growth worldwide that could weigh on the American economy and unnerve policymakers. McGraw Hill Financial CEO to retire (Reuters) - McGraw Hill Financial Inc said Chief Executive Harold McGraw will step down and be replaced by Douglas Peterson. Costco strong, L Brands weak as retailers report June sales (Reuters) - Sales at U.S. retailers, including Costco Wholesale Corp and the company that runs Victoria's Secret, suggest that overall U.S. consumer spending is improving while discretionary spending may remain under pressure. Analysis: Forward guidance more than passing fashion for central banks FRANKFURT (Reuters) - "Watch what we do, not what we say," was the central bank mantra for generations. But no more. Exclusive: Spanish court to hear Repsol lawsuit against YPF MADRID (Reuters) - A Spanish court has agreed to hear an unfair competition claim brought by oil major Repsol against former Argentine subsidiary YPF over the exploration of the vast Vaca Muerta shale oil field, court documents seen by Reuters show. Shareholders back Easyjet's fleet expansion LONDON (Reuters) - EasyJet can continue with its plan to buy 135 new Airbus planes after shareholders backed the deal on Thursday, defeating a move by the group's estranged founder to block it. Shares, bonds rally, dollar tumbles as Fed cools taper talk LONDON (Reuters) - Shares and bonds rallied globally on Thursday and the dollar tumbled after U.S. central bank chief Ben Bernanke signaled the Fed may not be as close to winding down its stimulus policy as markets had begun to expect. Related Video U.S. Morning Call: Bernanke effect boosts stocks, bonds Doomed to fail? Turkey tries FX intervention Economic News Jobless claims rise, but labor recovery grinds on Prices for U.S. imports and exports fall in June 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