Reuters Business Today: March 2, 2017

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U.S. jobless claims fall to 44-year-low as labor market tightens WASHINGTON,(Reuters) - The number of Americans filing for unemployment benefits fell to near a 44-year-low last week, pointing to further tightening in the labor market even as economic growth appears to have remained moderate in the first quarter.

Futures flat as investors pause after record day on Wall Street (Reuters) - U.S. stock index futures were little changed on Thursday as investors took a breather after sending Wall Street to its best day since the November presidential elections on renewed optimism about the economy.

Snap's sought-after shares set for market debut after $3.4 billion IPO NEW YORK (Reuters) - Snap Inc's in-demand shares are set to start trading in New York on Thursday after the owner of the popular Snapchat messaging app raised $3.4 billion in its initial public offering (IPO) on Wednesday, above its price expectations.

Exclusive: SEC advisory committee to question Snap's transparency for investors BOSTON (Reuters) - An investor committee that advises the U.S. Securities and Exchange Commission will next week review if Snap Inc's decision to deny shareholders voting rights might also reduce the social media company's public disclosures on executive pay and other governance matters, the head of that committee told Reuters on Wednesday.

Abercrombie's Hollister posts first comp sales rise in a year (Reuters) - U.S. teen apparel retailer Abercrombie & Fitch Co said on Thursday quarterly comparable sales of Hollister, its largest brand, increased for the first time in a year.

U.S. Senators draft bill to boost employee private stock ownership WASHINGTON (Reuters) - A bipartisan pair of lawmakers on the U.S. Senate Banking Committee are planning to introduce a bill that aims to entice private corporations to give their employees larger equity stakes in their companies and promote longer-term investing.

Boeing to sue Denmark over lack of access to jet deal documents COPENHAGEN (Reuters) - Boeing will take Denmark to court over a lack of access to documents used in a decision to select Lockheed Martin's F-35 over Boeing's F/A 18 Super Hornet in a fighter jet contract awarded last year.

Electrolux buys U.S. coffee machine maker Grindmaster-Cecilware for $108 million STOCKHOLM (Reuters) - Swedish home appliance maker Electrolux said on Thursday it was buying U.S. firm Grindmaster-Cecilware, a maker of coffee machines and beverage dispensers, for $108 million in cash.

Deutsche Telekom core profit growth to halve as U.S. motor slows BONN, Germany (Reuters) - Deutsche Telekom forecast its core profit growth would halve this year as earnings engine T-Mobile US slows, strengthening the case for a U.S. mobile merger that Deutsche Telekom has long desired.

Exclusive: EU markets watchdog looks to stop unfair Brexit sweeteners LONDON (Reuters) - The European Union's market watchdog is investigating ways to stop national regulators competing unfairly with each other as they try to attract firms from Britain after Brexit in a beauty parade of financial centers.