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Monday, February 13, 2012

U.S. Top News Early Edition: Obama's election-year budget to target rich

Reuters
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02/13/2012
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LATEST NEWS
Obama's election-year budget to target rich
WASHINGTON (Reuters) - President Barack Obama will propose an election-year budget on Monday that raises taxes on millionaires and seeks billions of dollars for job-creating infrastructure projects, drawing a populist battle line with his Republican opponents. | Full Article
Greece still to convince Europe after rescue deal
February 13, 2012 08:28 AM ET
ATHENS (Reuters) - The Greek government came under pressure on Monday to convince skeptical European capitals that it would stick to the terms of a multi-billion-euro rescue package endorsed by lawmakers during violent protests on the streets of Athens. | Full Article
Syrian forces bombard Homs after Arab peace proposal
February 13, 2012 06:42 AM ET
AMMAN/BEIRUT (Reuters) - Syrian forces bombarded districts of Homs and attacked other cities on Monday after Arab states pledged support for the opposition battling President Bashar al-Assad and called for international peacekeepers to be sent to the country. | Full Article
OECD flags signs of broader upturn in economic outlook
February 13, 2012 07:43 AM ET
PARIS (Reuters) - The international economic outlook is showing tentative signs of improvement, with the momentum shift spreading from the United States and Japan to other developed countries, the OECD's December survey of growth prospects showed on Monday. | Full Article
Israel says bombs target embassies in India, Georgia
February 13, 2012 09:16 AM ET
JERUSALEM (Reuters) - Bombers targeted staff at Israel's embassies in India and Georgia on Monday, wounding four people, and Israeli Prime Minister Benjamin Netanyahu accused Iran and its Lebanese ally Hezbollah of involvement. | Full Article
BUSINESS NEWS
Wall St opens higher on Greek deal
February 13, 2012 09:34 AM ET
NEW YORK (Reuters) - Stocks opened higher on Monday, putting the S&P 500 on track to bounce back from its biggest one-day loss of the year, as Greece's parliament approved strict financial reforms needed to obtain its latest international bailout package. | Full Article
Investors peer past gloom, eye Asian economic rebound
February 13, 2012 09:09 AM ET
BEIJING (Reuters) - If the World Bank is correct, 2012 will see the second slowest year of global economic growth in a decade, at a level consistent with a world recession that, like the 2008/2009 financial crisis, would not spare Asia. | Full Article
Chafing at insults, Germany loses patience with Greece
February 13, 2012 09:06 AM ET
BERLIN (Reuters) - Germany is running out of patience with throwing money into the "bottomless pit" of Greece's debt crisis and any lingering sympathy in Berlin is being undermined by anti-German slogans on the lips of politicians and austerity protesters in Athens. | Full Article
GE to hire 5,000 U.S. veterans, investing in plants
February 13, 2012 06:06 AM ET
WASHINGTON (Reuters) - General Electric Co plans to hire 5,000 U.S. military veterans over the next five years and to invest $580 million to expand its aviation footprint in the United States this year. | Full Article
SEC again pushes AIG on disclosures
February 13, 2012 09:15 AM ET
BOSTON (Reuters) - For the second time in less than a year, the Securities and Exchange Commission has pressed bailed-out insurer American International Group to provide more disclosures in its quarterly reports, this time on guaranteed interest rates in its life insurance business. | Full Article
HEALTH NEWS
With no firm science, sleep standards are slipping
New study casts doubt on lung cancer treatment
White House sticking to contraception plan
Test for Komen charity looms at next Race for the Cure
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