WASHINGTON (Reuters) - New claims for U.S. state jobless benefits rose for the fifth time in six weeks and consumer prices fell in May, opening the door wider for the U.S. Federal Reserve to help an economy that shows signs of weakening.

PARIS (Reuters) - Nokia plans to cut 10,000 more jobs, bringing the total to one in three staff, as it loses market share to cellphone rivals Apple and Samsung and burns through cash, raising new fears over its future.

WASHINGTON (Reuters) - Sheila Bair, the former regulator who helped steer the U.S. financial system through the recent credit crisis, said JPMorgan Chase & Co's multibillion-dollar trading loss needs to be put in perspective.

WASHINGTON/BRUSSELS (Reuters) - Central banks from major economies stand ready to take steps, including coordinated action, to stabilize markets as world economies prepare for a possible financial storm or public panic after cliffhanger elections in Greece this weekend.

NEW YORK (Reuters) - Stocks jumped on Thursday after news major central banks are preparing coordinated action if the results of Greek elections this weekend lead to turmoil in financial markets.

MILAN (Reuters) - The ties between national governments and their banks should be broken with a banking union, European Central Bank policymaker Jens Weidmann said in an interview in Italian newspaper Corriere della Sera on Friday.

WASHINGTON (Reuters) - Lockheed Martin Corp , under intense pressure from the Pentagon to reduce labor and pension costs, said on Thursday it would hire more temporary workers to maintain production at its Fort Worth, Texas, plant, where a key union has been on strike for eight weeks, mainly over future pension benefits.

SINGAPORE (Reuters) - Asian shares rose on Friday and the euro edged higher as traders placed modest bets that central banks will unleash further monetary stimulus measures, but volumes were razor-thin amid fears that Sunday's Greek election could trigger market turmoil.

(Reuters) - Facebook is set to file a motion to consolidate all the shareholder lawsuits against the social network site, and is expected to place some blame on the Nasdaq for its botched IPO when it files the motion, the New York Times reported Thursday.

NEW YORK (Reuters) - Through phone logs, trading records and a parade of witnesses, U.S. prosecutors repeatedly worked to connect the dots between Rajat Gupta, the former head of top consulting firm McKinsey & Co, and his hedge fund manager friend Raj Rajaratnam.