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WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by Washington. Full Story
Top Headlines
Wall Street ends down but off session lows
SAC lawyers met with prosecutors to argue against charges: sources
Gap first-quarter profit rises 43 percent
Icahn seeks up to $7 billion for Dell bid
NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday. Full Story
NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday. Full Story
Sprint, SoftBank complete U.S. state regulatory review process
NEW YORK (Reuters) - Sprint Nextel <S.N> and SoftBank Corp <9984.T> said on Thursday they had received all necessary state regulatory approvals for the Japanese company's proposed $20.1 billion purchase of 70 percent of Sprint. Full Story
NEW YORK (Reuters) - Sprint Nextel <S.N> and SoftBank Corp <9984.T> said on Thursday they had received all necessary state regulatory approvals for the Japanese company's proposed $20.1 billion purchase of 70 percent of Sprint. Full Story
Who repaid U.S. loan first? Chrysler, Tesla don't see eye to eye
DETROIT (Reuters) - Chrysler Group LLC and Tesla Motors Inc <TSLA.O>, both led by media-savvy executives, are trading public jabs over the definition of payback. Full Story
DETROIT (Reuters) - Chrysler Group LLC and Tesla Motors Inc <TSLA.O>, both led by media-savvy executives, are trading public jabs over the definition of payback. Full Story
Pentagon sees slight drop in F-35 acquisition costs: sources
WASHINGTON (Reuters) - The Pentagon's annual report to Congress shows a decline of $4.5 billion, or just over 1 percent, in the projected development and acquisition cost of the Lockheed Martin Corp <LMT.N> F-35 fighter jet program, sources familiar with the data said on Thursday. Full Story
WASHINGTON (Reuters) - The Pentagon's annual report to Congress shows a decline of $4.5 billion, or just over 1 percent, in the projected development and acquisition cost of the Lockheed Martin Corp <LMT.N> F-35 fighter jet program, sources familiar with the data said on Thursday. Full Story
