Wall Street falls on Europe woes, U.S. data

NEW YORK (Reuters) - Stock indexes fell on Thursday as weak economic data spooked investors already concerned about Spain's economy and banking system, and about developments in Greece.

Jobless claims steady, mid-Atlantic factories sag

WASHINGTON (Reuters) - New claims for jobless benefits last week held at levels suggesting sluggish growth in hiring and factory activity in the mid-Atlantic region contracted in May, worrisome signs for a still-fragile economic recovery.

Wal-Mart posts strong profit as U.S. sales jump

(Reuters) - Wal-Mart Stores Inc posted a better-than-expected quarterly profit on Thursday as more people shopped its established U.S. discount stores and spent more money.

Analysis: Facebook can't take Asian growth for granted

SINGAPORE (Reuters) - Even as Facebook fever grips investors ahead of the social networking giant's potential $100 billion-plus initial public offering, its breakneck growth in Asia may be slowing as it moves beyond desktop users to those who access the Internet largely or solely from a mobile phone.

Groupon CEO, founders to keep shares after lockup

NEW YORK (Reuters) - Groupon Inc Chief Executive Andrew Mason and the company's other founders are planning to keep their shares in the company after a trading lock-up expires on June 1.

General Motors chooses UK over Germany for new Astra

LONDON (Reuters) - General Motors Co opted to build the next generation of its Astra compact in Britain, leaving its plant in Bochum, Germany in danger of closure as it revamps the business to counter more than a decade of losses in Europe.

Berkshire Hathaway to buy Media General newspapers

(Reuters) - Warren Buffett's Berkshire Hathaway Inc is making another bet on the newspaper industry, with a deal to buy the majority of Media General Inc's papers for $142 million in cash.

Delta Air to trim capacity on trans-Atlantic routes

(Reuters) - Delta Air Lines will cut capacity on trans-Atlantic routes 5 percent after Labor Day, airline President Ed Bastian said on Thursday.

Acura recalls over 56,000 cars in N. America

(Reuters) - Honda Motor Co Ltd's Acura brand is recalling 56,881 TL sedans from model years 2007 and 2008 in North America to replace a power steering hose that could leak over time and potentially cause a fire.

Tiffany raises dividend 10 percent

(Reuters) - Upscale jeweler Tiffany & Co raised its dividend for the 11th time in 10 years on Thursday.