Business Today: Stock futures fall on Europe fears, ahead of jobs data

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Good Morning Robert, FRI 04 Jun 2010 
 
Stock futures fall on Europe fears, ahead of jobs data
Nonfarm payrolls hit 10-year high on Census
G20 policymakers go public with fears for economy
Investors eye detail as AgBank heads for record IPO
Increasingly hawkish Fed ponders raising rates
Ash cloud hangs over Berlin air meetings
Dell CEO says considered taking company private
Oil industry grapples with risk and volatile prices
BP's battered brand draws consumer opposition
Growth momentum to top Europe's woes: Geithner


Stock futures fall on Europe fears, ahead of jobs data
June 04, 2010 08:05 AM ET
NEW YORK (Reuters) - Stock index futures fell on Friday, tracking European equities and the euro as investor worries intensified over the sovereign debt crisis in the region.

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Nonfarm payrolls hit 10-year high on Census
June 04, 2010 08:36 AM ET
WASHINGTON (Reuters) - Nonfarm payrolls grew at their fastest pace in 10 years in May, buoyed by recruitment for the decennial census, but private hiring slowed sharply as businesses opted to increase hours rather than hire new workers.

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G20 policymakers go public with fears for economy
June 04, 2010 07:46 AM ET
BUSAN, South Korea (Reuters) - Leading policymakers were unusually candid on Friday in voicing fears that the euro zone's financial and banking woes could derail the global economic recovery.

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Investors eye detail as AgBank heads for record IPO
June 04, 2010 05:46 AM ET
HONG KONG (Reuters) - Investors will scour a preliminary prospectus for Agricultural Bank of China's around $30 billion IPO, the world's largest, for updates on its book value and bad loans.

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Increasingly hawkish Fed ponders raising rates
June 04, 2010 07:53 AM ET
ATLANTA (Reuters) - Three top Federal Reserve officials said on Thursday it may soon be time to begin raising interest rates as the economic recovery in the United States gathers momentum, despite persistently high unemployment.

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Ash cloud hangs over Berlin air meetings
June 04, 2010 03:21 AM ET
AMSTERDAM (Reuters) - Top executives of the world's biggest airlines will gather in Berlin this weekend, seeking elusive answers to the future of the industry as they move past the financial crisis and the damage from Iceland's ash cloud. The International Air Transport Association holds its annual meeting in the German capital from June 6-8, followed by the ILA Berlin Air Show from June 8-13.

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Dell CEO says considered taking company private
June 03, 2010 06:59 PM ET
SAN FRANCISCO (Reuters) - Dell Inc's Michael Dell revealed on Thursday he had once considered taking the company he founded private, sending shares in the No. 3 PC maker surging as much as 6.4 percent.

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Oil industry grapples with risk and volatile prices
June 04, 2010 01:50 AM ET
SINGAPORE (Reuters) - Oil's steep drop of more than $20 a barrel over three weeks last month, sparked by European debt woes, underscored market volatility from stocks to commodities and the fragile state of global economic recovery.

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BP's battered brand draws consumer opposition
June 04, 2010 03:30 AM ET
WASHINGTON/LOS ANGELES (Reuters) - U.S. consumers are venting frustration over the BP oil spill, demonstrating at gas stations and corporate offices, drumming up support on Facebook and waging a mock public relations campaign on Twitter.

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Growth momentum to top Europe's woes: Geithner
June 03, 2010 05:51 PM ET
WASHINGTON (Reuters) - The global recovery had enough momentum before Europe's debt crisis struck to be able to weather it without being derailed, Treasury Secretary Timothy Geithner said on Thursday.

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