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Thursday, June 14, 2012

Morning Digest: Foreclosures up for first time in 27 months

Reuters » Morning Digest
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06/14/2012
Reuters     Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the     politics in between
Foreclosures up for first time in 27 months
NEW YORK (Reuters) - Foreclosure starts rose year-over-year in May for the first time in more than two years - though they fell on a month-to-month basis - as banks resumed dealing with distressed properties after a mortgage abuse settlement earlier this year, data firm RealtyTrac said on Thursday..
Thousands in need of food, shelter after Myanmar clashes
SITTWE (Reuters) - Thousands of displaced Muslim Rohingyas and ethnic Rakhine Buddhists were in need of food, water and shelter in northwestern Myanmar on Thursday after fleeing the country's worst sectarian clashes in years..
Stock futures signal pause; eyes on Spain, Italy
PARIS (Reuters) - Stock index futures pointed to a flat open on Wall Street on Thursday, with futures for the S&P 500 up 0.02 percent, Dow Jones futures up 0.15 percent and Nasdaq 100 futures up 0.02 percent at 0925 GMT..
Bristol Palin sued for defamation by bar heckler
LOS ANGELES (Reuters) - A man who heckled Bristol Palin in a Los Angeles bar and insulted her conservative politician mother, Sarah Palin, filed a lawsuit on Wednesday accusing the single mom of defamation..
U.S. doping officials start action against Armstrong
WASHINGTON (Reuters) - The U.S. Anti-Doping Agency (USADA) has notified seven times Tour de France winner Lance Armstrong that formal procedures against him had commenced over allegations he used performance-enhancing drugs during his record-breaking career..
Groupon speeds payments to some European merchants
SAN FRANCISCO (Reuters) - Groupon Inc is speeding up payments to some merchants in Europe as the world's largest daily deal company gets more comfortable running repeat offers in more mature markets, according to Chief Financial Officer Jason Child..
Real-time gene sequencing used to combat superbug
LONDON (Reuters) - Scientists have used genome sequencing technology to control an outbreak of the superbug MRSA in a study that could point to faster and more efficient treatment of a range of diseases..
Cameron left eight-year-old daughter in pub
LONDON (Reuters) - Prime Minister David Cameron accidentally left his daughter behind in a country pub after a Sunday lunch with friends following a mix-up over which car she was meant to be going home in, his Downing Street office said on Monday..
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