Business : Stocks
AFP - Shares in London were upbeat at the end of trade on Thursday as investors cheered new data showing the US trade deficit narrowing sharply and the number of US jobless claims dropping faster than expected.
US data buoys world markets (AP)
AP - Stock markets in Europe and the U.S. spiked higher Thursday after better than expected U.S. jobs and trade data further eased concerns that the world's largest economy was heading back towards recession.
AP - The Wall Street Journal is set to launch a book review in the next few weeks, even as newspapers across the country cut back on book coverage.
Wall Street rises on upbeat economic data (Reuters)
Reuters - Stocks rose nearly 1 percent in morning trading on Thursday after data indicated the U.S. economy may see faster growth than economists have anticipated.
AP - The government is defending as "fair and adequate" its $75 million settlement with Citigroup Inc. over charges it misled investors about billions in potential losses from subprime mortgages.
Flash crash cause still a mystery (Investor's Business Daily)Investor's Business Daily - The SEC, which is probing the stock market "flash crash" on May 6, still hasn't identified a single cause, but a trade practice known as "stub quotes" and other issues contributed to the market's dramatic drop, sources said. Stub quotes are orders placed by market makers that are well off the market prices for stocks. The SEC wants to ban stub quotes.
SEC says proposed Citi settlement is fair (Reuters)Reuters - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.
Summary Box: Stocks rebound as Europe worries ease (AP)AP - BACK ON TRACK: The Dow Jones industrial average and other market indicators rose Wednesday as concerns about Europe's financial system eased thanks to a successful sale of debt by Portugal. The Dow rose five out of the last six days.
How the major stock indexes fared Wednesday (AP)AP - Stocks resumed their rally Wednesday after a successful auction of Portuguese government debt eased worries about Europe's financial system. Major indexes pulled back from their highs in the afternoon after the Federal Reserve said more regions of the country saw slower growth late in the summer.



