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Friday, November 18, 2011

Business Today: Futures advance as S&P faces key test

Reuters
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11/18/2011
News Good Morning
LATEST NEWS
Futures advance as S&P faces key test
NEW YORK (Reuters) - Stock index futures rose on Friday after Europe's debt crisis drove heavy market losses this week, with the S&P 500 falling through important technical levels and possibly facing another key test of the strength. | Full Article
European bank chief urges action on rescue fund
November 18, 2011 08:36 AM ET
FRANKFURT (Reuters) - European Central Bank chief Mario Draghi told euro zone governments on Friday to act fast to get their rescue fund up and running, expressing exasperation at their lack of progress in response to an escalating debt crisis. | Full Article
Even chance ECB to start printing money: Reuters poll
November 18, 2011 04:48 AM ET
LONDON (Reuters) - The European Central Bank could soon bow to pressure to print money to prevent a further escalation of the euro zone's debt crisis, with respondents in a Reuters poll giving an even probability the ECB would adopt a policy of quantitative easing. | Full Article
Insight: Why Wall Street still doesn't get it
November 18, 2011 08:07 AM ET
NEW YORK (Reuters) - It was a telling moment at the height of the Occupy Wall Street protests. | Full Article
Japan probes possible Olympus gangster link: source
November 18, 2011 05:01 AM ET
TOKYO (Reuters) - A unit from the Tokyo Metropolitan Police Department's organized crime division has joined an investigation into an accounting scam at Japan's disgraced Olympus Corp, a source familiar with the matter said on Friday, in a sign that the scandal could widen. | Full Article
US TOP NEWS
Obama opens door to new U.S. ties with Myanmar
November 18, 2011 08:28 AM ET
NUSA DUA, Indonesia (Reuters) - President Barack Obama said on Friday he saw "flickers of progress" in Myanmar, dispatching Secretary of State Hillary Clinton for a historic visit that could draw the country out of half a century of global isolation. | Full Article
Authorities foil NY protest bid to shut Wall Street
November 18, 2011 08:33 AM ET
NEW YORK (Reuters) - New York police prevented protesters from shutting down Wall Street on Thursday, arresting more than 200 people in repeated clashes with an unexpectedly small but spirited Occupy Wall Street rally. | Full Article
Greek debt swap seen cutting 2012 deficit to 5.4 percent of GDP
November 18, 2011 06:55 AM ET
ATHENS (Reuters) - A planned debt swap with private bondholders can reduce Greece's 2012 budget deficit by more than a third from this year's level to 5.4 percent of GDP if it goes ahead as planned, a final budget draft showed on Friday. | Full Article
U.S.-China tension spills over into Asia summit
November 18, 2011 08:24 AM ET
NUSA DUA, Indonesia (Reuters) - Tension between the United States and China spilled over into meetings of Asia-Pacific leaders on Friday as the two countries jostled over how to handle competing claims to the South China Sea. | Full Article
Deficit-cutting panel may scale back efforts
November 17, 2011 08:40 PM ET
WASHINGTON (Reuters) - Members of a Congress deficit-reduction committee considered scaling back their efforts on Thursday amid a Republican split over taxes and mounting doubts of reaching a deal by next week's deadline. | Full Article
HEALTH NEWS
Syphilis rates drop, but STDs still big problem
Survey: U.S. doctors disagree on pregnancy start
Life-saving prescriptions lagging in heart patients
House protects pizza as a vegetable
Five questions about GOP's plan to privatize Medicare
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