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Tuesday, January 24, 2012

U.S. Top News Early Edition: Aggressive Romney takes new tack in Florida

Reuters
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01/24/2012
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LATEST NEWS
Aggressive Romney takes new tack in Florida
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 08:59 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, making a sweeping case for a second term despite the slow U.S. economic recovery and high jobless rate. | Full Article
Greece clings to hope of debt deal despite setback
January 24, 2012 08:39 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
S&P says likely to declare Greece in default
January 24, 2012 08:59 AM ET
NEW YORK (Reuters) - Standard & Poor's will likely downgrade Greece's ratings to "selective default" when the country concludes its debt restructuring, but that will not necessarily destroy the credibility of the European Union, an official with the ratings agency said on Tuesday. | Full Article
Romney reports tax bill of $6.2 million for 2010-11
January 24, 2012 09:02 AM ET
TAMPA, Fla./WASHINGTON (Reuters) - Republican presidential candidate Mitt Romney bowed to political pressure and cracked the books on his personal finances on Tuesday, releasing tax returns showing he will pay $6.2 million in taxes on $42.5 million in combined 2010 and 2011 income. | Full Article
BUSINESS NEWS
Wall Street falls at open on Greece talks
January 24, 2012 09:35 AM ET
NEW YORK (Reuters) - Stocks fell at the open 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 gains in five straight sessions. | Full Article
McDonald's 4th-quarter profit beats on December sales strength
January 24, 2012 08:48 AM ET
(Reuters) - McDonald's Corp reported quarterly profit that beat analysts' estimates as sales, which were already outpacing competitors, picked up strength in December. | 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
DuPont revenue misses on weak electronics demand
January 24, 2012 08:48 AM ET
(Reuters) - DuPont's quarterly revenue missed Wall Street expectations as a sharp drop in demand, especially for solar and electronic materials, offset higher prices. | 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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