Business Today: Stock futures point higher ahead of Bernanke testimony

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE

Good Morning Robert, WED 24 Feb 2010    Stock futures point higher ahead of Bernanke testimony Bernanke to outline exit path to skeptical Congress Toyota faces grilling in Congress Google execs convicted in Italy for Down's video Thomson Reuters sees 2010 revenue flat to slightly down Citi in advanced talks to sell hedge business: report Home purchase loan demand at lowest since 1997 Google execs convicted in Italy for Down syndrome video World trade contracted 12 percent in 2009: WTO's Lamy Democrats: Say Goodbye to Wall Street? British zoo trials vertical farming Workers wanted for Chinese factories Business Update: Toyota dips Stock futures point higher ahead of Bernanke testimony February 24, 2010 08:29 AM ET NEW YORK (Reuters) - U.S. stock index futures rose on Wednesday as investors awaited congressional testimony from Federal Reserve Chairman Ben Bernanke for clues to the U.S. central bank's thinking on the economy. Full Article Bernanke to outline exit path to skeptical Congress February 24, 2010 07:06 AM ET NEW YORK (Reuters) - Ben Bernanke may have cleared the hurdles to his confirmation for a second term as Federal Reserve chairman, but that does not mean lawmakers will be any friendlier to him at high-profile hearings on Wednesday and Thursday. Full Article Toyota faces grilling in Congress February 24, 2010 08:28 AM ET TOKYO/WASHINGTON (Reuters) - Toyota Motor Corp's president braced for tough questions from a U.S. congressional panel on Wednesday after the Japanese automaker conceded it had let safety standards slip and could still not explain most incidents of unintended acceleration. Full Article Google execs convicted in Italy for Down's video February 24, 2010 08:10 AM ET MILAN (Reuters) - A Milan court convicted three Google Inc executives on Wednesday for violating the privacy of an Italian boy with Down's syndrome by letting a video of him being bullied be posted on the site in 2006. Full Article Thomson Reuters sees 2010 revenue flat to slightly down February 24, 2010 08:12 AM ET NEW YORK (Reuters) - News and information provider Thomson Reuters Corp reported a lower quarterly profit and signaled that financial customer losses in 2009 would continue to hurt revenue in the current year. Full Article Citi in advanced talks to sell hedge business: report February 24, 2010 07:16 AM ET NEW YORK (Reuters) - New York-based SkyBridge Capital is in advanced talks to purchase Citigroup Inc's $4 billion hedge fund business, according to the Wall Street Journal. Full Article Home purchase loan demand at lowest since 1997 February 24, 2010 08:34 AM ET NEW YORK (Reuters) - U.S. mortgage applications fell for a third straight week, with demand for home purchase loans sinking to the lowest level in 13 years as inclement weather weighed, data from an industry group showed on Wednesday. Full Article Google execs convicted in Italy for Down syndrome video February 24, 2010 04:05 AM ET MILAN (Reuters) - A Milan court has convicted three Google Inc executives for the 2006 transmission of a video showing the bullying of a youth with Down syndrome, the judge in the case told Reuters on Wednesday. Full Article World trade contracted 12 percent in 2009: WTO's Lamy February 24, 2010 05:36 AM ET BRUSSELS (Reuters) - Global trade contracted by about 12 percent in 2009 but has started to pick up, the head of the World Trade Organization (WTO) said on Wednesday. Full Article Democrats: Say Goodbye to Wall Street? February 24, 2010 07:36 AM ET WASHINGTON (Reuters) - U.S. banks and investment firms transferred their political contributions to Republicans in 2009 as Democrats in Washington put the focus on big bonuses, huge profits and tight lending, The Washington Post reported on Wednesday. Full Article

REUTERS www.reuters.com Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details Subscribe to other Reuters newsletters Unsubscribe from this newsletter. Send this mailing to a friend or colleague Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers