NEW YORK, Dec 12- U.S. stock index futures rebounded after earlier declines to turn positive as investors digested a flurry of data, including weekly jobless claims and retail sales.» Read More
CHICAGO, June 27- While a legislative committee reopened a debate on how to fix Illinois pensions, a panel of municipal analysts said on Thursday that the state paid "dearly" for its bond sale this week.
RIO DE JANEIRO, June 27- A proposed change to rules governing the auction of Brazil's giant offshore oil fields, part of legislation rushed through Congress amid nationwide street protests, has caught the country's oil industry off guard, the head of industry group IBP told reporters on Thursday.
WASHINGTON, June 27- President Barack Obama has tapped renewable energy advocate Ron Binz as chairman of the Federal Energy Regulatory Commission, the agency that has made headlines in the past year with tough enforcement actions against Wall Street banks.
CALGARY, Alberta, June 27- Five rail cars carrying hazardous petroleum products derailed on a broken bridge over the swollen Bow River in Calgary, Alberta, on Thursday, perching perilously close to the water as emergency crews rushed to prevent a spill.
WASHINGTON/ NEW YORK, June 27- The U.S. telecommunications regulator is not planning to ask Sprint Nextel Corp or Clearwire Corp to divest any spectrum in order to gain approval for Sprint's proposed buyout of Clearwire, two sources familiar with the matter said on Thursday.
SAN FRANCISCO, June 27- Oracle Corp Chief Executive Larry Ellison and Salesforce.com CEO Marc Benioff publicly ended one of Silicon Valley's most bitter feuds on Thursday as they leapt into a major alliance aimed at selling more Internet-based software.
NEW YORK, June 27- Mergers and acquisitions around the world slowed to their most sluggish pace since 2009 in the first half of 2013, Thomson Reuters data shows, as recession-hit European companies put the brakes on transactions and their healthier U.S. counterparts took a cautious approach amid market uncertainty.
WASHINGTON, June 27- President Barack Obama made a plea this week for the U.S. Senate to confirm his choice to head the agency that will oversee the core of his new climate change plan, but nominee Gina McCarthy's prospects seem increasingly in doubt.
Shares of Accenture, whose clients include London's Heathrow Airport, Nokia Oyj, Baker Hughes Inc and AstraZeneca UK, were down 7 percent at $74.60 in extended trading on Thursday. Clients were slowing the pace and level of spending on existing contracts, said Accenture, whose rivals include Cognizant Technology Solutions Corp and Infosys Ltd.
June 27- Detroit's emergency manager issued a flurry of announcements on Thursday addressing union contracts, power distribution and an errant council president as he steps up the pace of efforts to tackle the city's massive $18.5 billion debt problem.
June 27- Dramatic home price gains in some of America's largest cities point to a potentially new housing bubble in those areas, according to Robert Shiller, who helped create a closely watched gauge of U.S. housing prices.
NEW YORK, June 27- Buyout firm CVC Capital Partners Ltd has raised more than the 10.5 billion euros it can accept for its latest flagship fund in just six months and will have to turn down money, a person familiar with the matter said on Thursday.
OTTAWA/ TORONTO, June 27- Canada's broadcast regulator on Thursday approved a C $3 billion bid by BCE Inc, the country's biggest telecoms company, to take over Astral Media Inc, a deal that will give BCE more control over content it distributes to television, computer and mobile screens.
QUITO, June 27- Ecuador's leftist government thumbed its nose at Washington on Thursday by renouncing U.S. trade benefits and offering to pay for human rights training in America in response to pressure over asylum for former intelligence contractor Edward Snowden.
PANAMA CITY, June 27- Panama's economic activity accelerated in April despite slow traffic through its canal and ports, which helped depress growth to the lowest rate in two years in March. Construction is also under way for a mine for one of the world's largest untapped copper deposits on Panama's Atlantic Coast.
WASHINGTON, June 27- China's currency controls create incentives for Chinese gamblers to launder their winnings through organized crime gangs in Macau, Nevada's state gaming regulator said on Thursday.
NEW YORK, June 27- Citigroup Inc may name as many as three more directors to its 11- member board to add skills and share the work load, Chairman Michael O'Neill said on Thursday. O'Neill did not say exactly which additional talents he seeks for Citigroup, but he noted that banks today need to have a board member who understands digital trends.
SAN FRANCISCO, June 27- Payment start-up Square Inc scrapped its gift card service less than a year after it launched the effort. Square, which competes against eBay Inc's PayPal division, launched the service in December, offering gift cards useable at businesses that accepted the company's Square Wallet mobile payment application.
BRUSSELS, June 27- European Union leaders agreed on Thursday to use the EU's structural funds to boost lending to companies in an effort to kick-start growth, mainly in recession-blighted southern Europe.
June 27- Nike Inc on Thursday posted a higher quarterly profit and said advance orders for its clothes and shoes had jumped, particularly in North America. Orders for Nike- branded shoes and clothing scheduled for delivery between June and November 2013, a gauge of demand Nike calls "futures orders," rose 8 percent globally.