NEW YORK (

TheStreet

) -- Here are 10 things you should know for Thursday, Aug. 29:

1.

-- U.S. stock futures on Thursday were pointing to a second day of gains on Wall Street after concerns over a military strike against Syria eased.

European shares were rising while Asian stocks finished the trading session higher. Japan's Nikkei 225 index rose 0.9%.

2.

-- The

economic calendar

in the U.S. Thursday includes weekly initial jobless claims at 8:30 a.m. EDT, and the second estimate of second-quarter gross domestic product.

3.

--

U.S. stocks

on Wednesday rose as concern eased about the potential magnitude of international military action against Syria.

The

S&P 500

gained 0.28% to close at 1,635.01 while the

Dow Jones Industrial Average

added 0.33% to finish at 14,824.51. The

Nasdaq

rose 0.41% to 3,593.35.

4.

--

Vodafone

(VOD) - Get Report

confirmed Thursday it is in talks with

Verizon Communications

(VZ) - Get Report

to sell its 45% stake in their joint venture,

Verizon Wireless

.

The Wall Street Journal

reported Wednesday that the two companies had rekindled

discussions

in a deal that likely would cost Verizon well more than $100 billion. The

Journal

report cited people familiar with the matter.

Vodafone said Thursday there is no certainty an agreement will be reached.

5.

--

Ford's

(F) - Get Report

Flat Rock, Mich., plant will start making the Fusion Thursday, the first time the car is being made in the U.S.

Ford hired a second shift of 1,400 new workers to make the Fusion at the plant, which also makes the Mustang.

The plant will be able to produce 350,000 Fusions a year, 30% more than Ford makes at its plant in Hermosillo, Mexico, according to

The Associated Press

.

6.

--

Campbell Soup

(CPB) - Get Report

is expected by Wall Street on Thursday to post fiscal fourth-quarter earnings of 42 cents a share on revenue of $1.84 billion.

7.

-- One of

Google's

(GOOG) - Get Report

top Android executives,

Hugo Barra

, is leaving the company,

AllThingsD

reported.

Barra's official title was vice president of product management for Android, and he was one of the more public faces of the mobile operating system. He is leaving for a job at Xiaomi, a fast-growing Chinese phone maker,

AllThingsD

reported.

8.

--

Guess?

(GES) - Get Report

, the jeans maker, posted fiscal second-quarter profit and revenue that topped analysts' forecasts and it raised its earnings guidance for the full year.

Adjusted profit for the quarter was 52 cents a share and revenue rose to $639 million from $635.4 million a year earlier.

Analysts were expecting Guess? to post earnings of 36 cents a share on revenue of $622.9 million.

9.

-- Hedge fund Karsch Capital Management is shutting down after 13 years, and

Michael Karsch

plans to return 95% of the fund's $1.8 billion in assets by the end of September.

The last 5% would be returned in January after the fund's audit,

Reuters

reported.

Karsch's biggest investments included

Yahoo!

(YHOO)

and

Expedia

(EXPE) - Get Report

.

10.

-- Fast-food workers are set to stage walkouts in dozens of cities around the country Thursday, part of a push to get chains such as

McDonald's

(MCD) - Get Report

and

Wendy's

(WEN) - Get Report

to pay higher wages to workers.

It's expected be the largest nationwide strike by fast-food workers, according to organizers, the

AP

reported.

Workers say they want $15 an hour, more than double the federal minimum wage, which many fast food workers make, of $7.25 an hour.

-- Written by Joseph Woelfel

>To contact the writer of this article, click here:

Joseph Woelfel

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.

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