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Wednesday, November 16, 2011

U.S. Top News Early Edition: Wall Street opens lower Europe warnings

Reuters
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11/16/2011
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LATEST NEWS
Wall Street opens lower Europe warnings
NEW YORK (Reuters) - Stocks opened lower on Wednesday as policymakers warned Europe's debt crisis posed dangers to the global economy and on growing signs the contagion was starting to spread to larger European nations. | Full Article
October consumer prices fall, giving Fed more room
November 16, 2011 09:20 AM ET
WASHINGTON (Reuters) - Consumer prices fell in October for the first time in four months, taking pressure off strapped households and giving the Federal Reserve more room to ease monetary policy if the economy falters. | Full Article
Monti forms new Italy government
November 16, 2011 09:19 AM ET
ROME (Reuters) - Mario Monti formed a new technocrat government in Italy on Wednesday to tackle a major debt crisis threatening the entire euro zone and said he hoped it would placate financial markets. | Full Article
More Americans than not want health law repeal: poll
November 16, 2011 09:29 AM ET
WASHINGTON (Reuters) - As the U.S. Supreme Court prepares to review President Barack Obama's healthcare reforms, more Americans want to it repealed than want to keep it, a poll released on Wednesday shows. | Full Article
Exclusive: Olympus says readying legal steps vs execs
November 16, 2011 06:50 AM ET
TOKYO (Reuters) - Japan's disgraced Olympus Corp is preparing to take legal action, including possible criminal complaints, against any executives found responsible for the accounting scandal engulfing the firm, according to an internal staff email. | Full Article
BUSINESS NEWS
France, Germany clash over ECB role to stem crisis
November 16, 2011 09:31 AM ET
PARIS/ROME (Reuters) - France and Germany, Europe's two central powers, clashed on Wednesday over whether the European Central Bank should intervene to halt the euro zone's accelerating debt crisis as modest bond purchases failed to stop the rout. | Full Article
Target profit tops expectations; shares climb
November 16, 2011 09:01 AM ET
(Reuters) - Target Corp posted a much bigger-than-expected jump in quarterly profit on Wednesday as shoppers responded to its 5 percent discount for cardholders. | Full Article
TransCanada CEO confident of Keystone XL approvals
November 16, 2011 08:46 AM ET
CALGARY, Alberta (Reuters) - TransCanada Corp is committed to building the $7 billion Keystone XL project despite a 12-to-18-month delay in U.S. approvals, the company's chief executive said on Wednesday. | Full Article
Conoco selling $2 billion in pipeline assets
November 16, 2011 08:48 AM ET
(Reuters) - ConocoPhillips plans to sell its interest in two U.S. pipeline companies for $2 billion as part of its strategy to shed assets it no longer considers strategic. | Full Article
MF Global trustee moves to return $520 million in client cash
November 16, 2011 09:14 AM ET
(Reuters) - The trustee overseeing the bankruptcy of MF Global filed on Tuesday for permission to release 60 percent of the near $900 million in client cash that has been frozen at the commodity brokerage for more than two weeks. | Full Article
HEALTH NEWS
Supreme Court asked to broadcast healthcare case
Senate bill to encourage generic drug market
Keen video-gamers' brains may reward them more
Uninsured hospital patients discharged sooner
More "healthy" patients die after a heart attack
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