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Tuesday, January 24, 2012

Business Today: Futures down on Greece ahead of busy earnings day

Reuters
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01/24/2012
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LATEST NEWS
Futures down on Greece ahead of busy earnings day
NEW YORK (Reuters) - Stock index futures fell on Tuesday as talks to resolve Greece's debt crisis stumbled again and analysts pointed to a short-term top in equity markets after the S&P 500 posted five days of back-to-back gains. | Full Article
Greece clings to hope of debt deal despite setback
January 24, 2012 08:08 AM ET
BRUSSELS/ATHENS (Reuters) - Greece was clinging on Tuesday to hope of a last-minute bond swap deal to avoid a messy default after euro zone officials sent talks back to square one by rejecting a final offer from the country's private bondholders. | Full Article
McDonald's 4th-quarter profit beats estimates
January 24, 2012 08:21 AM ET
(Reuters) - McDonald's Corp reported quarterly profit that beat analysts' estimates as sales at established restaurants rose more than 7 percent in the United States and Europe. | Full Article
Exporter Japan eyes first trade deficit in 3 decades
January 24, 2012 07:20 AM ET
TOKYO (Reuters) - Japan probably produced its first trade deficit last year in more than three decades as energy imports surged to cover for the loss of nuclear power following the Fukushima disaster, a major blow to an economy built on its exports prowess. | Full Article
Euro zone may skirt recession as PMIs surprise
January 24, 2012 07:45 AM ET
LONDON (Reuters) - The euro zone may escape recession thanks to a surprise upturn in the service sector this month but the overall economy is still struggling to gain any traction outside Germany and to a lesser extent France, surveys showed on Tuesday. | Full Article
US TOP NEWS
Aggressive Romney takes new tack in Florida
January 24, 2012 08:19 AM ET
TAMPA, Florida (Reuters) - Republican Mitt Romney looked to get his White House campaign back on track on Tuesday, releasing two years of tax records hours after he battered rival Newt Gingrich in his most aggressive debate performance. | Full Article
Obama to make pitch for second term in State of the Union
January 24, 2012 07:05 AM ET
WASHINGTON (Reuters) - President Barack Obama will pitch new initiatives on jobs, taxes and housing in an election-year State of the Union address on Tuesday as he seizes his biggest moment yet on the national stage to make a sweeping case for a second term. | Full Article
Romney reports tax bill of $6.2 million for 2010-11
January 24, 2012 12:23 AM ET
TAMPA, Fla./WASHINGTON (Reuters) - Republican presidential candidate Mitt Romney released tax records on Tuesday indicating he will pay $6.2 million in taxes on a total of $42.5 million in income over the years 2010 and 2011. | Full Article
Gulf Arabs quit Syria monitoring mission
January 24, 2012 08:28 AM ET
BEIRUT (Reuters) - Saudi Arabia's Gulf allies joined Riyadh on Tuesday in pulling out of an Arab League monitoring team to Syria, risking the collapse of a mission whose presence has not halted more than 10 months of violence. | Full Article
Italy tax police at Fitch Milan offices: prosecutor
January 24, 2012 07:10 AM ET
MILAN (Reuters) - The Italian tax police was in the offices of ratings agency Fitch in Milan on Tuesday to carry out checks ordered by prosecutors investigating rival agencies Standard & Poor's and Moody's, a senior prosecutor told Reuters. | Full Article
HEALTH NEWS
First patients shown to improve with embryonic stem cells
Brain scans spot early signs of dyslexia
Psychedelic mushroom trips point to new depression drugs
Keeping brain sharp may ward off Alzheimer's protein
FDA clears more orange juice imports
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