PARIS (Reuters) - Airbus parent EADS made sweeping increases in its financial forecasts on Thursday and pledged to increase jetliner production after a spate of new orders raised hopes of an end to a steep industry recession.


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New York Attorney General Andrew Cuomo attends a news conference in New York, June 30, 2010. Cuomo and the New York City Police Department (NYPD) announced the dismantling of a sophisticated international luxury-vehicle theft ring that is believed to have stolen hundreds of vehicles in New York, New Jersey and Connecticut, which were often shipped to Senegal, according to an NYPD press release. Cuomo is the Democratic Party nominee for Governor of New York.  REUTERS/Mike Segar   (UNITED STATES - Tags: POLITICS CRIME LAW TRANSPORT)AP - State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.


AP - Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit filed Thursday.

Pedestrians walk past a Citibank branch in Washington in this January 19, 2010 file photo. REUTERS/Jim YoungReuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.


NEW YORK (Reuters) - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.


AP - Business software maker Epicor Software Corp. said Thursday that its second-quarter loss narrowed as revenue climbed.
AP - Coinstar Inc., the operator of coin-counting machines and Redbox DVD rental kiosks, said Thursday that its second-quarter profit rose as revenue grew.
WASHINGTON (Reuters) - Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation.


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Senate Minority Leader Mitch McConnell (R-KY) speaks to the media on Capitol Hill in Washington in this January 20, 2010 file photo. REUTERS/Joshua RobertsReuters - Senate Republicans blocked a $30-billion plan to help community banks boost lending to small businesses, dealing a blow to President Barack Obama's election-year battle to reduce unemployment.


Reuters - The Senate plans to hold a procedural vote next Wednesday to test whether there is enough support to pass legislation clamping down on offshore oil drilling procedures and expanding alternative energy, a Democratic aide said on Thursday.