Business Today: U.S. weekly jobless claims fall to near six-year low

		Click to View in Browser 08/15/2013 U.S. weekly jobless claims fall to near six-year low WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell to a near six-year low last week, hinting at a pick-up in job growth in early August. Wal-Mart sales disappoint as consumers curb spending (Reuters) - Wal-Mart Stores Inc posted disappointing quarterly U.S. sales on Thursday as shoppers pinched by higher payroll taxes and gas prices made fewer trips to its stores, and the discount retailer lowered its revenue and profit forecasts for the year. U.S. consumer prices rise as expected in July WASHINGTON (Reuters) - U.S. consumer prices rose as expected in July, which could comfort Federal Reserve officials worried about low inflation as they weigh trimming their massive bond buying program. Berkshire Hathaway takes positions in Dish, Suncor (Reuters) - Warren Buffett's Berkshire Hathaway Inc took new positions in Canada's Suncor Energy Inc and U.S. satellite TV company Dish Network Corp in the second quarter, a regulatory filing showed on Thursday. Stock futures slip as Fed uncertainty lingers NEW YORK (Reuters) - Stock index futures fell on Thursday on continued uncertainty over when, and how quickly, the Federal Reserve will begin to wind down its program to stimulate the world's largest economy. Kohl's profit forecast misses Wall Street estimates (Reuters) - Department store chain Kohl's Corp forecast current-quarter earnings below analysts' estimates after reporting a 4 percent drop in second-quarter profit. HKEx CEO says close to picking new LME chief HONG KONG (Reuters) - Hong Kong Exchanges and Clearing Ltd (HKEx) is close to picking a new CEO for the London Metal Exchange and will make an announcement in due course, Chief Executive Charles Li said on Thursday. BP's tough talk will backfire, Gulf spill lawyer says LONDON (Reuters) - BP's hard-line legal tactics aimed at capping the financial blowout from the 2010 Gulf of Mexico oil disaster will backfire, according to Joe Rice, negotiator of last year's settlement on behalf of over 100,000 compensation claimants. Germany poised to overtake U.S. as world's No.2 exporter this year: DIHK BERLIN (Reuters) - Germany could overtake the United States to become the world's second-biggest exporter this year, but its share of global trade is likely to dip as its exports lag global expansion, German chambers of commerce said on Thursday. Ford Europe sees no quick end to price war FRANKFURT/DETROIT (Reuters) - Europe's car market may have finally stopped shrinking, but a manufacturers' price war will not let up until sales increase significantly, a senior Ford executive said. Related Video UK football gets an American accent U.S. Morning Call: Apple sweetens 13Fs, Mondelez sours Economic News U.S. weekly jobless claims fall to near six-year low U.S. consumer prices rise as expected in July 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