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Tuesday, December 13, 2011

U.S. Top News Early Edition: Fed likely to stay on sidelines at policy meeting

Reuters
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12/13/2011
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LATEST NEWS
Fed likely to stay on sidelines at policy meeting
WASHINGTON (Reuters) - The Federal Reserve is likely to hold off offering the economy fresh stimulus at a meeting on Tuesday as it weighs encouraging signs on the recovery against risks coming from Europe. | Full Article
WaMu settles dispute, eyes bankruptcy exit
December 13, 2011 08:29 AM ET
(Reuters) - Washington Mutual Inc, the biggest bank to fail in U.S. history, said it reached a settlement in a dispute between shareholders and certain creditors that had prevented the bank from emerging from Chapter 11 bankruptcy proceedings. | Full Article
Syria death toll hits 5,000 as insurgency spreads
December 13, 2011 07:27 AM ET
AMMAN (Reuters) - More than 5,000 people have been killed in nine months of unrest in Syria, the U.N. human rights chief said, as an insurgency began to overshadow what had initially been street protests against President Bashar al-Assad's 11-year rule. | Full Article
EU, without Britain, sees fiscal treaty by March
December 13, 2011 09:24 AM ET
STRASBOURG, France (Reuters) - Up to 26 European Union countries will finalize a pact to enforce budget discipline more strictly in the euro zone by March, a top official said on Tuesday, as the bloc tries to move quickly to regain confidence but without Britain's backing. | Full Article
Defense Secretary Panetta makes unannounced Afghanistan trip
December 13, 2011 09:34 AM ET
KABUL (Reuters) - Defense Secretary Leon Panetta arrived in Kabul on Tuesday for an unannounced visit at a time of persistent violence and as the United States and its Western allies are reducing troop levels in Afghanistan. | Full Article
BUSINESS NEWS
Futures pare gains after retail sales
December 13, 2011 08:46 AM ET
NEW YORK (Reuters) - Stock index futures pared gains on Tuesday after retail sales data rose less than expected in November. | Full Article
Retail sales rise less than expected in November
December 13, 2011 09:10 AM ET
WASHINGTON (Reuters) - Retail sales rose less than expected in November as a drop in receipts for food and beverages weighed against stronger sales of motor vehicles, tempering some of the expectations of a strong holiday shopping season. | Full Article
Best Buy's quarterly profit squeezed by discounts
December 13, 2011 09:07 AM ET
Dec 13 (Reuters) - Best Buy Co's quarterly profit missed Wall Street estimates as bigger discounts during the holiday season squeezed margins at the world's largest electronics chain, and its shares fell 9 percent in premarket trading on Tuesday. | Full Article
Boeing lands $19 billion Southwest order
December 13, 2011 07:54 AM ET
(Reuters) - Boeing Co won a $19 billion deal to sell 150 737 MAX aircraft to Dallas-based carrier Southwest Airlines , in what it called its biggest ever order. | Full Article
Woodford says could win fight for control of Olympus
December 13, 2011 08:39 AM ET
TOKYO (Reuters) - Olympus ex-CEO Michael Woodford said on Tuesday that he has a realistic chance of winning a battle for control of the scandal-hit company and that he had the support of two major shareholders. | Full Article
HEALTH NEWS
Deaths from malaria fall, but funding woes loom: WHO
Studies may have overestimated cellphone crash risk
No extra birth defect risk after cancer treatment: study
Poor mental health harming productivity, says OECD
Medtronic settles U.S. probe over doctor kickbacks
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