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Wednesday, January 25, 2012

U.S. Top News Early Edition: Fed set to push back timing of eventual rate hike

Reuters
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01/25/2012
News Good Morning
LATEST NEWS
Fed set to push back timing of eventual rate hike
WASHINGTON (Reuters) - The Federal Reserve looks set to keep monetary policy on hold on Wednesday, even as it releases forecasts expected to show interest rates will be near zero for at least two more years. | Full Article
Apple returns to form, blows Street targets away
January 25, 2012 08:45 AM ET
SAN FRANCISCO (Reuters) - Apple Inc's quarterly results blew past Wall Street's expectations after U.S. consumers snapped up near-unprecedented numbers of iPhones and iPads, sending its shares up 8 percent into record territory. | Full Article
Gingrich wants to hear his debate fans roar
January 25, 2012 09:21 AM ET
TAMPA, Florida (Reuters) - Republican presidential candidate Newt Gingrich, coming off one of his most subdued debate performances of the campaign, signaled on Tuesday he may skip future debates unless his supporters are given full license to clap, cheer and roar. | Full Article
Japan's first trade deficit since 1980 raises debt doubts
January 25, 2012 09:35 AM ET
TOKYO (Reuters) - Japan's first annual trade deficit in more than 30 years calls into question how much longer the country can rely on exports to help finance a huge public debt without having to turn to fickle foreign investors. | Full Article
Iran's Ahmadinejad ups rates to stem money crisis
January 25, 2012 08:29 AM ET
TEHRAN (Reuters) - Iran increased bank interest rates on Wednesday and indicated it would further restrict sales of foreign currency, hoping to halt a spiraling currency crisis after new Western sanctions accelerated a dash for dollars by Iranians worried about their economic future. | Full Article
BUSINESS NEWS
Dow, S&P open lower; Apple lifts Nasdaq
January 25, 2012 09:36 AM ET
NEW YORK (Reuters) - The Dow and S&P 500 index fell at the open on Wednesday as the market continues to show signs of fatigue this week after a strong run from late last year, but the Nasdaq rose on forecast-beating results from Apple Inc . | Full Article
Manufacturers top Street's profit forecasts
January 25, 2012 09:06 AM ET
(Reuters) - Three major U.S. manufacturers reported better-than-expected profit and stuck to their forecasts of earnings growth this year, with solid emerging market demand and a modest U.S. recovery offsetting weakness in Europe. | Full Article
Greece hopes for debt deal soon, talks to resume
January 25, 2012 09:32 AM ET
ATHENS (Reuters) - Greece hoped on Wednesday it could wrap up tortuous negotiations on a debt swap as early as this week when private creditors return to Athens for a fresh round of talks to avert a chaotic default. | Full Article
Global firms sharpen currency hedging on euro concern
January 25, 2012 08:59 AM ET
DAVOS, Switzerland (Reuters) - International firms are spending more time at the highest levels discussing how to hedge currency risk, particularly euro-denominated earnings and transactions, in readiness for a worst case scenario of a euro zone breakup. | Full Article
Boeing profit up, but guidance disappoints
January 25, 2012 09:23 AM ET
(Reuters) - Plane-maker Boeing Co reported a quarterly profit that topped Wall Street forecasts on stronger commercial airplane deliveries, but its 2012 earnings forecast was lower than expected. | Full Article
HEALTH NEWS
Talking things through in your head may help autism
Device makers urge coverage of weight-loss surgery
PFC chemicals tied to immune problems in kids
Swimming lowers older adults' blood pressure
More kids seek tans as they age, may raise skin cancer risk
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