Business Today: U.S. jobless claims fall less than expected, California backlog lingers

		Click to View in Browser 10/24/2013 U.S. jobless claims fall less than expected, California backlog lingers WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell less than expected last week as California continued to process a backlog of applications caused by computer problems. Stock futures rise ahead of data as earnings pour in NEW YORK (Reuters) - U.S. stock index futures advanced on Thursday, indicating the S&P 500 will rebound from its first decline in the last six sessions, ahead of labor market and manufacturing data and a slew of corporate earnings. Ford boosts outlook after third-quarter profit beats estimates DETROIT (Reuters) - Ford Motor Co boosted its full-year global earnings and margin outlook on Thursday, helped by an improved forecast in Europe and better-than-expected results in the third quarter. Xerox forecast misses estimates due to restructuring (Reuters) - Xerox Corp forecast adjusted earnings for the current quarter below analysts' estimates as the company expects to take charges related to restructuring in its outsourcing business, sending its shares down 4 percent before the bell. U.S. trade deficit widens slightly on weak exports WASHINGTON (Reuters) - The U.S. trade deficit widened slightly in August as exports slipped, suggesting trade will probably not be much of a boost to growth in the third quarter. PMIs show euro zone growth sluggish, China picking up LONDON (Reuters) - The euro zone economy is only expanding slowly, according to surveys on Thursday that showed the rate of growth eased unexpectedly in the private sector this month, although globally, factories in China ratcheted up production. Dow Chemical says looking to raise $3 billion-$4 billion from asset sales (Reuters) - Dow Chemical Co , which is looking to exit businesses that are exposed to commodity price swings, said it planned to raise at least $3 billion to $4 billion from asset sales. Raytheon posts lower quarterly results, boosts year EPS forecast WASHINGTON (Reuters) - U.S. weapons maker Raytheon Co on Thursday reported lower quarterly earnings and a 3 percent drop in revenues, but raised its forecast for full-year profit and sales. 3M Co profit rises six percent as sales grow (Reuters) - 3M Co reported a 6 percent rise in quarterly profit due to higher sales across all its businesses. Exclusive: JAL may take legal action against government over landing slots TOKYO (Reuters) - Japan Airlines reserves the right to sue the Japanese government for favoring rival ANA Holdings by allocating it more landing slots, JAL's president told Reuters on Thursday, raising the prospect of an unprecedented battle that could batter the nation's airline industry. Related Video Breakingviews: Credit Suisse shoved into more restructuring Breakingviews: Li Ka-shing can still ka-ching Economic News U.S. jobless claims fall less than expected, California backlog lingers U.S. trade deficit widens slightly on weak exports 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