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Wednesday, December 14, 2011

U.S. Top News Early Edition: Gingrich worse against Obama than Romney: Reuters/Ipsos poll

Reuters
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12/14/2011
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LATEST NEWS
Gingrich worse against Obama than Romney: Reuters/Ipsos poll
WASHINGTON (Reuters) - Newt Gingrich holds a 10-point lead in the fight for the Republican presidential nomination, but he would fare worse against President Barack Obama than Republican Mitt Romney, according to a new Reuters/Ipsos poll. | Full Article
Italian yields ease after bond auction
December 14, 2011 09:15 AM ET
LONDON (Reuters) - Italian government bond yields eased on Wednesday after the country sold 3 billion euros of five-year debt in the first longer-term auction since the European Union took steps towards greater fiscal integration last week. | Full Article
Pressure for more ECB action after summit falls short
December 14, 2011 08:22 AM ET
PARIS/FRANKFURT (Reuters) - Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after financial markets judged that yet another EU summit had failed to resolve the euro zone's debt crisis. | Full Article
Olympus reveals $1 billion balance sheet hit, stirs merger talk
December 14, 2011 08:18 AM ET
TOKYO (Reuters) - Japan's disgraced Olympus Corp ironed out its crooked accounts on Wednesday after a 13-year fraud, with a $1.1 billion dent in its balance sheet triggering speculation it will need to merge, sell assets or raise capital to repair its finances. | Full Article
China makes growth guarantee against grim global economy
December 14, 2011 05:35 AM ET
BEIJING (Reuters) - China pledged to guarantee growth in the face of an "extremely grim" outlook for the global economy in 2012, rounding off its annual policy-setting conference on Wednesday with a series of commitments to deliver economic stability. | Full Article
BUSINESS NEWS
Wall Street to dip on continued Europe anxiety
December 14, 2011 09:08 AM ET
NEW YORK (Reuters) - Wall Street was set to open slightly lower on Wednesday with traders focused on a sliding euro and rising Italian bond yields as market anxiety over Europe persisted. | Full Article
Exclusive: American Airlines' $30 million London town house
December 14, 2011 09:37 AM ET
LONDON (Reuters) - Buried deep in American Airlines' Chapter 11 bankruptcy filing is a striking asset -- a town house in one of London's most expensive residential streets that property experts say could be worth up to $30 million. | Full Article
Analysis: China's $300 billion fund a wake-up call to U.S.
December 14, 2011 09:30 AM ET
BEIJING (Reuters) - China's plan for a new $300 billion sovereign wealth fund is as much a warning to Washington as it is a body blow to Brussels. | Full Article
OPEC oil deal puts Saudi back in charge
December 14, 2011 09:05 AM ET
VIENNA (Reuters) - OPEC oil producers on Wednesday sealed their first new production limit in three years in a deal that settles a 6-month-old argument over output levels firmly in Saudi Arabia's favor. | Full Article
Credit Agricole to cut 2,350 jobs: union source
December 14, 2011 09:30 AM ET
PARIS (Reuters) - Credit Agricole is to cut 2,350 jobs, primarily in investment banking, a union source told Reuters Wednesday, as the French bank slashes costs and ploughs ahead with a back-to-basics strategy sped up by the eurozone debt crisis. | Full Article
HEALTH NEWS
U.S. cracking down on Medicare painkiller abuse
Safety board proposes ban on cell use while driving
States tough on abortion face legal costs
State Medicaid spending soars
Medtronic settles U.S. probe over doctor kickbacks
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