Latest Business News -

U.S. "very close" to job growth: Summers (Reuters)
Reuters - White House economic adviser Larry Summers said on Thursday that the United States is "very close" to the point where job growth can begin. (Reporting by Chris Baltimore; editing by Carol Bishopric)

AnnTaylor posts surprise quarterly profit (Reuters)
Reuters - Women's clothing retailer AnnTaylor Stores Corp reported a surprise quarterly profit on Friday, helped by tight inventory management and improved merchandise.

Business inventories flat in January (AP)
AP - Business inventories were basically flat in January even though sales rose for an eighth consecutive month.

Texas Capital Bancshares warrants bring $6.56M (AP)
AP - The Treasury Department has received $6.56 million from the sale of warrants it held from Texas Capital Bancshares Inc. as part of the support it provided the bank during the financial crisis.

A look at global economic developments (AP)
AP - A look at economic developments and activity in major stock markets around the world Thursday:

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