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Business Today: U.S. job growth weakest in three years

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01/10/2014
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U.S. job growth weakest in three years
WASHINGTON (Reuters) - U.S. employers hired the fewest workers in almost three years in December, but the setback was likely to be temporary amid signs that cold weather conditions might have had an impact.
Futures trim gains after payroll report
NEW YORK (Reuters) - U.S. stock index futures trimmed gains on Friday, after the December nonfarm payroll report came in sharply below expectations.
Target says data breach affected up to 70 million customers
(Reuters) - Target Corp said a massive payment card data breach that occurred during the first three weeks of the holiday shopping season affected up to 70 million people, far more than previously estimated.
Fed's Lacker expects taper discussions at upcoming meetings
RALEIGH, North Carolina (Reuters) - The U.S. Federal Reserve will likely consider further reductions in the pace of bond purchases at coming meetings given the improvement in the labor market conditions, a top Fed official said on Friday.
Tiffany sales rise 4 percent in holiday season
(Reuters) - U.S. jeweler Tiffany & Co reported a 4 percent rise in sales through November and December, helped by strong demand in America and Asia.
Fiat to focus on Italy-based Alfa revamp after Chrysler deal
MILAN (Reuters) - Fiat will focus on revamping its Alfa Romeo brand after its planned merger with Chrysler and will keep production of the marque in Italy as it seeks to revive its European operations and protect jobs, its chief executive said on Friday.
China December export growth slows
BEIJING (Reuters) - China's export growth slowed more than expected in December due to a higher comparison base a year earlier and a clamp-down on speculative activities disguised as export deals, missing the official target on foreign trade.
Some banks easing lending ahead of stress tests: ECB's Honohan
DUBLIN (Reuters) - Some euro zone banks are restricting lending to boost their performance in financial stress tests this year, a member of the European Central Bank's (ECB) governing council said on Friday.
Heathrow says new price cap threatens growth
LONDON (Reuters) - London's Heathrow warned it could struggle to grow its business after accusing the industry regulator of imposing a "draconian" cap on the prices Britain's biggest airport can charge airlines.
Renault-Nissan's Ghosn recommends two successors: report
PARIS (Reuters) - Renault-Nissan chief Carlos Ghosn wants to be succeeded by separate chief executives for the allied carmakers when he eventually steps down as head of both, he told Automotive News in an interview published on Friday.
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