UPDATE 3-Bed Bath tests Cost Plus food section

* Pilot in handful of New York/New Jersey stores -analyst
* Test seen raising possibility of Bed Bath buying Cost Plus
* Cost Plus shares close up 8.7 pct, Bed Bath up 0.5 pct
(Adds company…

Boston emerges as a major hub in insider probe

NEW YORK/BOSTON (Reuters) – Think of hedge fund hubs in the United States, and the names that tend to come to mind are New York and Greenwich, Connecticut. Yet when it comes to a major U.S. insider trading investigation, Boston is taking center stage.


Sentiment and trade data signal firmer recovery

NEW YORK/WASHINGTON (Reuters) – A rise in U.S. consumer confidence to its highest in six months and a much bigger-than-expected contraction in the country’s trade deficit pointed to a firmer economic…


Apple prepares new camera-toting iPads: sources

HONG KONG/TAIPEI/SHANGHAI (Reuters) – Apple Inc is working on a smaller iPad tablet with built-in cameras that could ship early next year, according to manufacturers in Asia.

Wall Street rises on upbeat data, S&P holds key level

NEW YORK (Reuters) – U.S. stocks rose on Friday, with the S&P 500 at its highest level since the week Lehman Brothers collapsed in 2008, and breaching technical levels that suggest the year-end…


Rovio turns to apps billing after Angry Birds hit

HELSINKI (Reuters) – Finland’s Rovio Mobile, known for its Angry Birds puzzle video game, unveiled on Friday payment software that gives mobile telecom operators a chance to win a share of booming app store business.

UPDATE 2-MOVES-HSBC, UBS, Butterfield Fulcrum, Schroders

Dec 10 (Reuters) – The following financial services
industry appointments were announced on Friday. To inform us of
other job changes, email to moves@thomsonreuters.com.

Cult Apple store lurks in suburban California mall

GLENDALE, California (Reuters) – Before there was an Apple store under a giant futuristic cube near New York’s Central Park or beneath a sleek glass cylinder in Shanghai, there was “store 001” on the second floor of a 70s-era suburban California shopping mall.