UNITED STATES

Stocks, bonds correlation eases after tax deal

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The markets for equities and government bonds have returned to their long-term pattern of moving in opposite directions as a result of a U.S. tax cuts deal that is expected to boost spending there.
GE researchers demonstrate electric bus of the future

GE close to bringing out 'Electric Bus of the Future'

General Electric (GE) is very close to bringing out the 'Electric Bus of the Future', which is mooted to be cost-effective solution for electrification of buses, delivery trucks, off-highway vehicles and other heavy-duty vehicles.
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Cyber group says WikiLeaks attacks to grow

More cyber attacks in retaliation for attempts to block the WikiLeaks website are likely in a data war to protect Internet freedom, a representative of one of the groups involved said on Thursday.
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More U.S. billionaires pledge to give away wealth

Another 17 U.S. billionaires, including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz, have pledged to give away at least half their fortunes in a philanthropic campaign led by Warren Buffett and Bill Gates.
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Stock index futures signal more gains

U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.3 percent and Nasdaq 100 futures up 0.2 percent. at 1051 GMT.
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UPS to hike div, buy back more stock: CFO in paper

United Parcel Service plans to woo shareholders with a higher dividend and more share buybacks rather than use strong cashflow for large acquisitions, chief financial officer Kurt Kuehn told a German newspaper.
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More billionaires pledge to give away wealth

Another 17 U.S. billionaires, including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz, have pledged to give away at least half their fortunes in a philanthropic campaign led by Warren Buffett and Bill Gates.
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Morgan Stanley set to cut bonus payouts: report

Morgan Stanley is planning to pay out 10 to 25 percent less bonus this year to its employees, owing to volatile market conditions, the Wall Street Journal said, citing a person familiar with the situation.
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U.S. yields slip as selloff pauses, dollar down

U.S. Treasury prices edged up on Thursday as bargain hunters entered the fray after a violent two-day surge in yields, pulling the dollar lower, while Asian stocks rose on hopes added fiscal stimulus will help the U.S. economy in the near term.
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Euro Dämmerung

Germans are now the world's number one Gold Bar buyers. Germany's swivel-eyed gold bugs simply show more imagination than journalists, policy-makers and academic economists.
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U.S. tax deal squeezes potential home buyers

For Kathryn Confer, refinancing the mortgage on her home in Erie, Pennsylvania, became a race against time -- first because she was drowning under a 10.5 percent interest rate and then because of the U.S. Congress.
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Google says shut out of USDA cloud computing deal

Google Inc didn't get the chance to compete for the largest federal government cloud computing deal yet announced, according to the Web firm, adding to its concerns that government agencies are unfairly favoring rival Microsoft Corp.
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Tax deal squeezes potential home buyers

For Kathryn Confer, refinancing the mortgage on her home in Erie, Pennsylvania, became a race against time -- first because she was drowning under a 10.5 percent interest rate and then because of Congress.
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Corrected: Attacks on credit card sites a grass-roots effort

Corrects day of week in third paragraphBOSTON - Supporters of WikiLeaks founder Julian Assange quickly built a cyber army that shut down the websites of the world's two biggest credit card companies using simple tools posted on the Internet.

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