Business Today: Stock futures pare gains on durable goods data

Click to View in Browser 03/28/2012 Stock futures pare gains on durable goods data Stock index futures pared gains on Wednesday after data showed new orders for long-lasting manufactured goods rose less than expected in February. Durable goods orders rise 2.2 percent in February WASHINGTON (Reuters) - New orders for manufactured goods rose less than expected in February and a gauge of future business investment also fell short of forecasts, Commerce Department data showed on Wednesday. Goldman weighs leadership change, strikes union deal NEW YORK (Reuters) - Senior executives within Goldman Sachs have talked about splitting the roles of chief executive officer and chairman, two sources said, although pressure for any imminent move appears to have eased after a deal with a labor union pension fund. Magic Johnson group to buy Dodgers for record $2 billion LOS ANGELES (Reuters) - A group spear-headed by former basketball great Earvin "Magic" Johnson agreed to buy the Los Angeles Dodgers baseball team for a record $2 billion, team owner Frank McCourt announced on Tuesday, capping a two-year drama that started with McCourt's divorce and wound its way through bankruptcy court. France discussing strategic oil release with UK, U.S PARIS (Reuters) - France is in talks with the United States and Britain on a possible release of strategic oil stocks to push fuel prices lower, French ministers said on Wednesday, four weeks before the country's presidential election. Banks find opportunity in Postal Service woes (Reuters) - The bank industry, struggling to make the profits it used to, is using the struggles of another industry for its marketing: The Postal Service. UK faces bigger hill to climb after fourth-quarter GDP cut LONDON (Reuters) - Britain's economy shrank by more than expected in the last three months of 2011 than previously thought, driven down by a weaker services sector, official data showed on Wednesday. German, UK car plants in balance as Opel board meets FRANKFURT (Reuters) - The board of European carmaker Opel met on Wednesday under pressure from parent General Motors to put an end to years of steep losses, with thousands of workers in Germany and Britain fearing the closure of their plants. Brazil oil workers file lawsuit against Chevron RIO DE JANEIRO (Reuters) - Brazil's largest oil workers federation filed a civil lawsuit against oil company Chevron and drilling firm Transocean in a federal court in Rio de Janeiro, according to documents filed with the court on Tuesday. Apple offers refund to Australian buyers of new iPad MELBOURNE (Reuters) - Apple Inc will email all buyers of its new iPad in Australia to offer them a refund, a lawyer for the company said on Wednesday, after the nation's consumer watchdog accused it of misleading advertising over one key aspect of the product. Related Video Breakingviews: North Sea leak isn't 'Total' blowout Reuters Today: Bernanke says recovery to early to call Economic News Durable goods orders rise 2.2 percent in February Bernanke: Far too early to call victory in recovery 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