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Monday, December 5, 2011

DAI: Wall St up but Europe debt worries chill rally

Reuters
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12/5/2011
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LATEST NEWS
Wall St up but Europe debt worries chill rally
NEW YORK (Reuters) - Stocks gained on Monday, but the day's rally was dampened by news that Germany and other top-rated European nations could see their credit ratings cut. | Full Article
S&P to warn of downgrades for all euro zone: EU
December 05, 2011 04:21 PM ET
NEW YORK (Reuters) - Standard & Poor's is expected to announce later on Monday that it may downgrade the credit ratings of all 17 euro zone countries, two EU officials told Reuters. | Full Article
Franco-German budget plan demands EU treaty change
December 05, 2011 03:23 PM ET
PARIS (Reuters) - The leaders of France and Germany agreed a master plan on Monday for imposing budget discipline across the euro zone, saying the EU's basic treaty will need to be changed in the search for a sweeping solution to its debt crisis. | Full Article
November service sector cools, factory orders fall
December 05, 2011 03:30 PM ET
NEW YORK (Reuters) - Growth in the U.S. service sector eased last month, and new orders for factory goods fell in October, tempering recent optimism that the U.S. economy may be poised for a more vigorous rebound. | Full Article
Fed must act now to boost economy, Evans says
December 05, 2011 01:48 PM ET
MUNCIE, Indiana (Reuters) - The Federal Reserve must take immediate action to inject new life into a moribund U.S. recovery or risk letting the nation settle into a permanently lower growth path, a top Fed official said on Monday. | Full Article
US TOP NEWS
U.S. Postal Service seeks to end next-day mail
December 05, 2011 04:17 PM ET
WASHINGTON (Reuters) - The cash-strapped U.S. Postal Service on Monday moved forward with plans to end next-day delivery of letters, postcards and other First Class mail. | Full Article
Analysis: "Cold War" with Iran heats up across Mideast
December 05, 2011 03:09 PM ET
LONDON (Reuters) - Worries of Israel striking Iran might or might not be overblown but across the region the largely hidden "cold war" between Tehran and its enemies is escalating fast, bringing with it wider risk of conflict. | Full Article
Rajaratnam begins 11-year insider trading sentence
December 05, 2011 01:49 PM ET
(Reuters) - Hedge fund multimillionaire Raj Rajaratnam began serving his 11-year prison sentence on Monday - the longest on record for insider trading - at a former military base near a small, leafy Massachusetts town. | Full Article
Exclusive: Many Americans already done with holiday shopping
December 05, 2011 02:24 PM ET
(Reuters) - More than a third of U.S. shoppers are already done with most of their holiday shopping, a survey showed on Monday, signaling that retailers need to offer bigger incentives to win sales in the few weeks before Christmas. | Full Article
Putin's party has domination cut in Russia
December 05, 2011 03:53 PM ET
MOSCOW (Reuters) - Several thousand protesters took to the streets on Monday to demand an end to Russian Prime Minister Vladimir Putin's 12-year rule after voters cut his party's parliamentary majority in an election that was condemned as unfair by European monitors. | Full Article
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Chocolate helps you grow? EU sifts the evidence
Insight: Stem cell therapy poised to come in from the cold
Study finds how child abuse changes the brain
Extreme preemies show mental deficits as adults
Map study finds vivax malaria has firm grip in Asia
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