Business Today: Jobless claims edge up; still point to healing labor market

		Click to View in Browser 08/8/2013 Jobless claims edge up; still point to healing labor market WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession, a hopeful sign for the U.S. economy. U.S. same-store sales rise in July, helped by promotions (Reuters) - A group of large U.S. retailers reported higher sales for July, but had to resort to bargains to lure shoppers who are still careful in their spending while the job market continues its slow recovery. Stock futures up, pointing to rebound after three-day decline NEW YORK (Reuters) - Stock index futures were higher on Thursday, indicating that equities would rebound following three straight days of losses, though steep gains may be hard to come by with few market catalysts. Herbalife gets license to sell in more parts of China (Reuters) - Herbalife Ltd said on Thursday that China has granted it a license to conduct its direct-selling business in Yunnan province. McDonald's July comparable sales up 0.7 percent, helped by U.S. (Reuters) - McDonald's Corp on Thursday reported July sales at its established restaurants around the world that were slightly higher than analysts had projected, as better-than-expected U.S. sales helped offset weakness in Europe. Dean Foods warns of challenging quarter after loss; shares fall (Reuters) - Top U.S. dairy company Dean Foods Co reported a second-quarter loss and warned that its current quarter would be the most challenging of the year, sending its shares down 4 percent in premarket trade. Fannie Mae profit doubles, will pay U.S. $10.2 billion WASHINGTON (Reuters) - Fannie Mae , the largest U.S. mortgage finance company, said on Thursday its second-quarter profit nearly doubled to $10.1 billion, mainly driven by a housing recovery that has reduced mortgage delinquencies and lifted home prices. ConocoPhillips to sell oil sands lease to Imperial, ExxonMobil Canada (Reuters) - ConocoPhillips said it will sell its interest in Alberta's Clyden oil sands leasehold to Imperial Oil Ltd and ExxonMobil Corp's Canadian unit for about $720 million. Rio fails to sell loss-making aluminium as profit falls MELBOURNE/LONDON (Reuters) - Mining group Rio Tinto has scrapped efforts to sell its loss-making Pacific Aluminium business, blaming poor market conditions as weaker iron ore, copper and coal prices dragged first-half profit down 18 percent. Unexpected strength in China trade data eases some gloom BEIJING (Reuters) - Surprisingly firm rebounds in China's exports and imports in July offered some hope that the world's second-largest economy might be stabilizing after more than two years of slowing growth, although an imminent rebound still looks unlikely. Related Video U.S. Morning Call: T-Mobile reports big customer growth Market Pulse: European earnings round-up Economic News Jobless claims edge up; still point to healing labor market Fed's Pianalto prepared for QE retreat if job gains continue 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