Breaking business news: Dow eyes 25,000 on signs of strong global growth

Click to View in Browser Thursday, January 4, 2018 Dow eyes 25,000 on signs of strong global growth (Reuters) - The Dow Jones Industrial Average was set to breach the 25,000 mark for the first time on Thursday as upbeat economic data from around the world boosted sentiment. U.S. jobless claims rise, data for several states estimated WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose for a third straight week last week, but that likely does not suggest a material shift in labor market conditions as data for several states, including California, were estimated. Oil hits highest since 2015 as Iran unrest spooks market LONDON (Reuters) - Oil rose to its highest since May 2015 on Thursday, supported by unrest in Iran that has raised concerns about supply risks, cold weather in the United States which is boosting demand and OPEC-led output cuts. U.S. private sector adds 250,000 jobs in December, biggest rise since March (Reuters) - U.S. private employers added 250,000 jobs in December, marking the biggest monthly increase since March, a report by ADP Research Institute showed on Thursday. Tesla falls on Model 3 production delay, but analysts upbeat (Reuters) - Tesla Inc shares fell 3.5 percent in premarket trading on Thursday, setting the company up to lose nearly $1.9 billion in market value after it pushed back a production target for its much-anticipated Model 3 sedan yet again. JPMorgan, Goldman Sachs come top of banker pay league in Britain LONDON (Reuters) - JPMorgan and Goldman Sachs paid their top bankers in Britain an average of $1.5 million each in 2016, compared with $1 million for local rivals HSBC and Barclays , data released by the banks last year shows. Walgreens quarterly profit falls 22 percent (Reuters) - Drugstore chain Walgreens Boots Alliance Inc on Thursday reported a 22.1 percent fall in quarterly profit, partly hurt by an impairment charge related to its investment in Chinese wholesale partner Guangzhou Pharmaceuticals [GZPHA.UL]. AT&T to launch 5G in U.S. by late 2018 (Reuters) - AT&T Inc , the No. 2 U.S. wireless carrier, said it would launch fifth-generation (5G) mobile network service in a dozen cities in the United States by late 2018, after international wireless standards for the network were finalised last month. Higher Berlin court to rule on challenge to Niki insolvency FRANKFURT (Reuters) - A Berlin court on Thursday rebuffed a legal challenge to the insolvency filing of airline Niki, which could derail the sale of the Air Berlin unit to Britain's IAG , and referred the case to a higher court for a ruling. German tax office targets Chinese online retailers: Handelsblatt FRANKFURT/BERLIN (Reuters) - German tax investigators have seized goods and accounts of about 100 Chinese online retailers selling products via Amazon.com Inc in Germany and failing to pay sales taxes, daily Handelsblatt reported on Thursday, citing industry sources. Related Video Oil at highest since 2015, as Iran spooks market 'Fat cat Thursday' for UK CEOs Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2018 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook