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Friday, November 25, 2011

U.S. Top News Early Edition: Crowds hit stores for "Black Friday" deals

Reuters
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11/25/2011
News Good Morning
LATEST NEWS
Crowds hit stores for "Black Friday" deals
(Reuters) - Bargain hunters flocked to stores late Thursday and overnight Friday, searching for deals on big screen televisions, video games and toys while fretting about their own shaky economic well-being. | Full Article
Thousands rally in Egypt on "last chance Friday"
November 25, 2011 08:20 AM ET
CAIRO (Reuters) - Tens of thousands of Egyptians demanding an end to military rule converged on Cairo's Tahrir square on Friday in what activists say will be the biggest day yet in a week of demonstrations in which 41 people have been killed. | Full Article
"Awful" Italy debt sale heightens euro zone stress
November 25, 2011 07:50 AM ET
MILAN (Reuters) - Italy paid a record 6.5 percent to borrow money over six months on Friday and its longer-term funding costs soared far above levels seen as sustainable for public finances, raising the pressure on Rome's new emergency government. | Full Article
Ex-Olympus CEO says willing but not begging to return
November 25, 2011 08:15 AM ET
TOKYO (Reuters) - The British ex-CEO of Japan's Olympus Corp emerged from a frosty meeting of directors on Friday convinced its board would eventually quit over an accounting scandal engulfing the firm, but he said he wasn't "begging" to return and clean up the mess. | Full Article
Global supermarkets wary of fine print on India invite
November 25, 2011 09:16 AM ET
NEW DELHI (Reuters) - Global supermarket chains welcomed a long-awaited invitation from India to invest in the country's $450 billion retail market, but they fear the small print may keep a lid on investment in the short term. | Full Article
BUSINESS NEWS
Euro zone debt worries set to punish stocks, again
November 25, 2011 08:47 AM ET
NEW YORK (Reuters) - Stock index futures pointed to a seventh straight session of losses on Friday, their longest losing streak in four months, as fears about the euro zone's debt crisis overshadowed what appeared to be a buoyant start to the holiday shopping season. | Full Article
Euro zone considering end to future private sector involvement
November 25, 2011 09:00 AM ET
BRUSSELS (Reuters) - Euro zone member states are discussing dropping private sector involvement from the permanent bailout mechanism that is due to come into force in 2013, four EU officials said on Friday. | Full Article
Gap says to triple China network in 2012
November 25, 2011 07:26 AM ET
HONG KONG (Reuters) - Apparel brand Gap Inc said on Friday that it aims to triple its store network in China next year, one of the latest foreign brands to target the country's consumer spending growth. | Full Article
Fame-hungry funds risk investor ire with A-list ads
November 25, 2011 08:09 AM ET
LONDON (Reuters) - Fund managers keen to cash in on the cult of celebrity are being warned high-profile, pricey marketing campaigns in today's tough economic times could lose them more business than they win. | Full Article
"Fair value" accounting rule tweak raises concerns
November 25, 2011 06:12 AM ET
LONDON (Reuters) - A global accounting rule that was rehashed under pressure from policymakers in the financial crisis has to be revised, sparking industry fears it could make standard setters vulnerable again to political influence. | Full Article
HEALTH NEWS
Moderate drinking tied to lower diabetes risk
Doctor brain drain costs Africa $2 billion
Aspirin not worth risks for healthy women: study
Migraines may raise depression risk: study
UK switches to Merck's Gardasil for HPV vaccination
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