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Monday, January 9, 2012

U.S. Top News Early Edition: Iran condemns American to die, starts nuclear bunker

Reuters
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01/9/2012
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Iran condemns American to die, starts nuclear bunker
TEHRAN/VIENNA (Reuters) - Iran announced on Monday it had sentenced a dual U.S.-Iranian citizen to death as a spy, and diplomats said it had switched on a uranium enrichment plant deep inside a mountain, actions certain to infuriate the West. | Full Article
U.S. moves toward legal action against Swiss bank: sources
January 09, 2012 06:02 AM ET
(Reuters) - U.S. authorities are moving toward taking legal action against Wegelin & Co, which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. | Full Article
Analysis: For euro zone, the heat is on again
January 09, 2012 08:02 AM ET
BERLIN (Reuters) - The euro zone crisis seemed to vanish from the headlines for a brief moment as 2011 ticked over into 2012, but it is about to return with a vengeance. | Full Article
U.S. auto market now industry bedrock
January 09, 2012 09:13 AM ET
DETROIT (Reuters) - Welcome to an unlikely beacon of hope for the global auto industry -- Detroit. | Full Article
UAE delays oil pipeline to bypass Hormuz
January 09, 2012 08:40 AM ET
ABU DHABI (Reuters) - The United Arab Emirates has delayed the launch of a crucial oil pipeline to bypass the Straits of Hormuz to mid-2012, which analysts said would add to supply worries at a time when Iran threatens to block the strait for all the Gulf's oil. | Full Article
BUSINESS NEWS
Wall Street seen up as European leaders meet, Alcoa eyed
January 09, 2012 09:12 AM ET
NEW YORK (Reuters) - Stocks were set to tick up at the open on Monday as investors focused on a European meeting intended to find ways to boost the region's economies and tackle a debt crisis and prepared for the start of U.S. corporate earnings. | Full Article
Merkel tells Greece to hasten debt deal
January 09, 2012 09:36 AM ET
BERLIN (Reuters) - German Chancellor Angela Merkel warned Greece on Monday it would not be possible to give further aid without rapid progress on its second rescue package, including a voluntary write-down on Greek debt held by private creditors. | Full Article
Swiss central bank chief quits over wife's currency deal
January 09, 2012 09:27 AM ET
BERNE (Reuters) - Swiss central bank chief Philipp Hildebrand resigned on Monday in the face of growing criticism of a controversial currency trade made by his wife in August. | Full Article
Exclusive: Olympus sues current president, ex-directors
January 09, 2012 06:29 AM ET
TOKYO (Reuters) - Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals. | Full Article
Europe may avoid recession this year, IMF says
January 09, 2012 02:29 AM ET
JOHANNESBURG (Reuters) - Europe as a whole may avoid a recession this year and there were reasons to be more upbeat about prospects for the region, South Africa's Business Day newspaper quoted International Monetary Fund head Christine Lagarde as saying. | Full Article
HEALTH NEWS
Britons told to "stay off drink for two days a week"
Nestle to help pets and owners lose weight online
Argentina's Fernandez sent home, never had cancer
Novartis unit to take $120 million charge on recall
Bristol to buy Inhibitex for hepatitis C treatment
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