Business Today: Futures tick higher after ADP data

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Good Morning Aron, WED 01 Dec 2010    Futures tick higher after ADP data ECB talk lifts battered euro as crisis worries spread Time for Fed to show who crisis loans benefited Output climbs led by Asia, despite euro crisis Groupon buys 3 discount sites, expands into Asia Private sector November job rise highest in 3 years: report Regulators to be pressed on foreclosure lapses Airbus to revamp aviation's A320 workhorse Japan, Europe November car sales fall Bernanke warns on long-term joblessness Futures tick higher after ADP data December 01, 2010 08:24 AM ET NEW YORK (Reuters) - Stock index futures edged higher on Wednesday after data from payrolls processor ADP showed private sector jobs rose more than expected in November. Full Article ECB talk lifts battered euro as crisis worries spread December 01, 2010 08:01 AM ET MADRID/ROME (Reuters) - The euro rose and borrowing costs for crisis-hit euro zone countries fell on Wednesday amid speculation the ECB could take decisive steps to combat turmoil that has stoked contagion worries in the United States and Asia. Full Article Time for Fed to show who crisis loans benefited December 01, 2010 02:08 AM ET WASHINGTON (Reuters) - The Federal Reserve on Wednesday will have to disclose details about emergency loans made during the 2007-2009 financial meltdown, including who borrowed how much and what collateral was offered in return. Full Article Output climbs led by Asia, despite euro crisis December 01, 2010 08:08 AM ET LONDON/BEIJING (Reuters) - Manufacturers in China and India cranked up the pace of production last month and Germany and France led the way in Europe, offering a boost to the global economy in spite of a spreading euro zone debt crisis. Full Article Groupon buys 3 discount sites, expands into Asia December 01, 2010 03:35 AM ET SHANGHAI (Reuters) - Online group discount website Groupon said on Wednesday that it has acquired three deal websites in Asia, expanding the company's reach across East and Southeast Asia. Full Article Private sector November job rise highest in 3 years: report December 01, 2010 08:28 AM ET NEW YORK (Reuters) - U.S. private employers added a better-than-forecast 93,000 jobs in November, the biggest rise since November 2007, after an upwardly revised gain of 82,000 the month before, a report by a payrolls processor showed on Wednesday. Full Article Regulators to be pressed on foreclosure lapses December 01, 2010 01:23 AM ET WASHINGTON (Reuters) - U.S. regulators will be under pressure Wednesday to show lawmakers they are better policing foreclosures amid widespread evidence that lenders used shoddy paperwork to evict delinquent borrowers. Full Article Airbus to revamp aviation's A320 workhorse December 01, 2010 05:04 AM ET PARIS (Reuters) - European planemaker Airbus plans to upgrade its best-selling A320 medium-haul jets from 2016 with new engines offering 15 percent fuel savings, as it fends off upstart competitors. Full Article Japan, Europe November car sales fall December 01, 2010 07:53 AM ET TOKYO/PARIS (Reuters) - Japanese car sales slumped for the third straight month as the euro zone crisis threatened sales, while economic woes and the end of scrappage schemes threatened a bleak start to 2011 for Europe's car markets. Full Article Bernanke warns on long-term joblessness November 30, 2010 09:56 PM ET NEW YORK (Reuters) - Federal Reserve Chairman Ben Bernanke warned on Tuesday that a long period of high unemployment could exact a steep social cost, as he and other Fed officials defended the central bank against criticism of its easy money policy. Full Article

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