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Wednesday, November 9, 2011

DAI: Wall Street tumbles as euro zone wavers

Reuters
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11/9/2011
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LATEST NEWS
Wall Street tumbles as euro zone wavers
NEW YORK (Reuters) - Wall Street tumbled on Wednesday in its worst day since August, as a spike in Italian bond yields signaled the European debt crisis was getting worse. | Full Article
Italy at breaking point, Merkel calls for "new Europe"
November 09, 2011 01:21 PM ET
ROME/BERLIN (Reuters) - Italian borrowing costs reached breaking point Wednesday after Prime Minister Silvio Berlusconi's insistence on elections instead of an interim government opened the way to prolonged instability and delays to long-promised economic reforms. | Full Article
Cisco Q1 earnings beat Street
November 09, 2011 04:32 PM ET
(Reuters) - Cisco Systems Inc, the world's biggest networking equipment maker, reported quarterly earnings per share that beat estimates, signaling that efforts to revive growth are beginning to pay off. | Full Article
GM outlook disappoints, shares tumble
November 09, 2011 04:28 PM ET
DETROIT (Reuters) - General Motors Co posted a lower third-quarter profit on losses in Europe and offered a disappointing outlook that raised doubts about the speed of its turnaround two years after emerging from bankruptcy. | Full Article
RIM investigating reports of BlackBerry delays
November 09, 2011 04:19 PM ET
(Reuters) - BlackBerry maker Research In Motion said on Wednesday it is investigating reports that some users are experiencing delays. | Full Article
US TOP NEWS
At least 18 buildings collapse in Turkish quake: report
November 09, 2011 04:03 PM ET
ANKARA (Reuters) - At least 18 buildings, including two hotels, collapsed in eastern Turkey after a 5.7-magnitude quake struck just south of the city of Van near the Iranian border, Turkish state television reported. | Full Article
Italy's worried president steps in to calm markets
November 09, 2011 03:57 PM ET
ROME (Reuters) - Italy's president stepped in to try to calm markets on Wednesday after the country's borrowing costs raced to catastrophic levels, saying urgent action would be taken to end a political crisis. | Full Article
Greek party deal on new crisis premier collapses
November 09, 2011 03:56 PM ET
ATHENS (Reuters) - A deal on forming a Greek national unity government collapsed on Wednesday as the country headed toward an economic abyss, hours after outgoing Prime Minister George Papandreou said he was handing over to a coalition that does not exist. | Full Article
West seeks new Iran sanctions over nuclear report
November 09, 2011 03:02 PM ET
PARIS/MOSCOW (Reuters) - Western leaders called on Wednesday for expanded sanctions against Iran over a U.N. watchdog report that it has worked to design atom bombs, but veto-wielder Russia indicated it would block new measures at the U.N. Security Council. | Full Article
French and Germans explore idea of smaller euro zone
November 09, 2011 04:27 PM ET
BRUSSELS (Reuters) - German and French officials have discussed plans for a radical overhaul of the European Union that would involve setting up a more integrated and potentially smaller euro zone, EU sources say. | Full Article
HEALTH NEWS
New review questions benefit of cutting down on salt
Malaria finding points to possible new vaccine
Sick in U.S. more likely to skip care than elsewhere
Air pollution in EU still poses major health risks: report
Abbott's cholesterol drug may not lower heart risks:
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