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Thursday, December 8, 2011

U.S. Top News Early Edition: ECB cool on more bond buying, lending to IMF

Reuters
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12/8/2011
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ECB cool on more bond buying, lending to IMF
FRANKFURT (Reuters) - The European Central Bank doused on Thursday hopes it will aggressively ramp up its bond-buying program and allow the euro zone to lend money to IMF so it can help fight the euro zone debt crisis. | Full Article
Jobless claims at 9-month low last week
December 08, 2011 09:17 AM ET
WASHINGTON (Reuters) - New claims for unemployment benefits dropped to a nine-month low last week, a government report showed on Thursday, suggesting the labor market recovery was gaining momentum. | Full Article
ECB cuts rates as France, Germany press for EU deal
December 08, 2011 09:36 AM ET
FRANKFURT/MARSEILLE, France (Reuters) - The European Central Bank acted to soften a looming recession and avert a credit crunch in the debt-plagued euro zone by cutting interest rates on Thursday as European Union leaders prepared for a crucial summit. | Full Article
Corzine apologizes for collapse of MF Global
December 08, 2011 09:15 AM ET
WASHINGTON (Reuters) - Former MF Global chief Jon Corzine apologized to customers, employees and investors who have suffered because of the brokerage firm's collapse, but said he does not know where missing customer money is. | Full Article
S&P may downgrade EU, large euro-zone banks
December 07, 2011 08:37 PM ET
NEW YORK (Reuters) - Standard & Poor's warned on Wednesday that it could cut the credit ratings of the European Union and large euro-zone banks if a mass downgrade of euro-zone countries materializes. | Full Article
BUSINESS NEWS
Stock futures point to lower open on ECB comments
December 08, 2011 09:30 AM ET
NEW YORK (Reuters) - Stock index futures pointed to a lower open on Thursday after the head of the European Central Bank said "substantial downside risks" remained in Europe's financial markets. | Full Article
McDonald's November sales beat Street view
December 08, 2011 08:51 AM ET
(Reuters) - McDonald's Corp reported a bigger-than-expected rise in November sales at established restaurants across the board, led by big gains in Japan, China and a strong showing in its top revenue market of Europe. | Full Article
Japan mulls $13 billion Fukushima bailout
December 08, 2011 08:51 AM ET
TOKYO (Reuters) - The Japanese government may inject about $13 billion into Tokyo Electric Power Co as early as next summer in a de facto nationalization of the operator of the crippled Fukushima nuclear power plant, sources said on Thursday. | Full Article
Boeing, Air Lease close $1.2 billion order
December 08, 2011 09:14 AM ET
(Reuters) - Boeing Co and Air Lease Corp said on Thursday they finalized an order worth $1.2 billion, for four 787-9 Dreamliners and four Next-Generation 737-800s. | Full Article
E&Y sets up external panel to probe Olympus audit
December 08, 2011 07:58 AM ET
TOKYO (Reuters) - The Japanese arm of Ernst & Young said on Thursday it would set up an external committee to investigate its audit of Olympus Corp. | Full Article
HEALTH NEWS
Health Secretary blocks wider access to morning-after pill
U.S. to test therapy to prevent birth defects
GE, Microsoft in healthcare software joint venture
Vow of chastity and the pill may keep nuns healthy
Some men can delay prostate cancer treatment: panel
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