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US stocks recovered Wednesday as a scarcity of profit warnings fueled optimism over the corporate reporting season, investors were also looking for buying opportunities after the previous session's sharp drop.

The Conference Board announced that the leading index for Korea increased 0.5 percent, while the coincident index increased 0.2 percent in May.

The spirit business in America is hot and getting hotter, as consumers in 2006 continued to flock to more expensive premium and flavored products, according to the just-published Adams Liquor Handbook 2007.

U.S. employers may be significantly underestimating the overall costs of poor employee health, while failing to fully assess the diseases and health conditions that drive these costs.

The United States venture capital industry is not flocking broadly to global investment opportunities, according to the 2007 Global Venture Capital (VC) Survey sponsored by Deloitte & Touche LLP in cooperation with the National Venture Capital Association (NVCA) in the United States and numerous other venture capital associations around the world.

Public limited liability companies will no longer have to order costly expert reports in cases of mergers and divisions, unless there is a demand for such reports among shareholders. After a three months fast track procedure, the European Parliament accepted a Commission proposal for removing unnecessary burdens on small businesses.

Consumers are continuing to use the Internet to make their travel arrangements, but usage has declined over the past few years, The Conference Board and TNS report.

Online recruitment experienced strong growth across the UK in June, as the Monster Employment Index UK grew eight points. The Index showed that demand grew sharply in the first half of 2007, despite a dip in April. In June, the Index rose to 170, led by significant growth in the management and consulting industry sector. London and East Anglia saw the highest increases in online job opportunities in June, while the South West dropped by five points after a highly successful Q1. Overall, the Index is up 45 points in the last 12 months. The Monster Employment Index UK is a monthly analysis of millions of online job opportunities culled from different websites across Europe, including Monster.uk.

On the last business day of May, there were 4.2 million job openings in the United States, and the job openings rate was 2.9 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The job openings rate was unchanged in May, and the hires and total separations rates were essentially unchanged.

US stocks took a dip on Tuesday as the subprime mortgage crisis escalated after Standard & Poor's said it may cut ratings on $12 billion of subprime-related debt, undermining banking shares.