U.S. Top News Early Edition: Euro fund head: no quick China deal; Italy costs up

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	10/28/2011
Good Morning LATEST NEWS Euro fund head: no quick China deal; Italy costs up BEIJING (Reuters) - The head of Europe's bailout fund sought financial support from China on Friday to help resolve the bloc's debt crisis, saying that while no quick deal was in sight he was still confident Beijing would keep buying bonds issued by his fund. | Full Article Consumer spending up in September on savings October 28, 2011 09:15 AM ET WASHINGTON (Reuters) - Sluggish growth in U.S. consumer income in September led households to cut back on saving to increase their spending, casting doubts over the durability of the economy's third-quarter growth spurt. | Full Article Wall St opens lower after 3 percent rally October 28, 2011 09:35 AM ET NEW YORK (Reuters) - Stocks opened lower on Friday as investors booked profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August. | Full Article More companies shed light on political spending October 28, 2011 07:12 AM ET WASHINGTON (Reuters) - More American companies are bending to shareholder pressure to reveal their spending to sway political campaigns despite court decisions allowing unfettered corporate cash in elections, according to a study released on Friday. | Full Article Chevron profit jumps, tops Wall Street forecast October 28, 2011 09:01 AM ET (Reuters) - Chevron Corp said its quarterly earnings more than doubled, beating Wall Street forecasts, as the second-largest U.S. oil company benefited from high oil prices and strong refinery margins. | Full Article BUSINESS NEWS Olympus risks lawsuits unless probe truly independent: TSE October 28, 2011 05:23 AM ET TOKYO (Reuters) - Olympus Corp risks possible lawsuits unless a planned probe of acquisitions at the heart of a scandal engulfing the endoscope maker is truly independent, the head of the Tokyo Stock Exchange warned Friday. | Full Article Merck profit beats forecast on impressive sales October 28, 2011 07:24 AM ET (Reuters) - Merck & Co's quarterly profit and sales beat forecasts as strong demand for the company's diabetes and asthma drugs offset a sharp decline for its Remicade arthritis drug. | Full Article Metro seen cutting profit goal, CEO news eyed October 28, 2011 08:56 AM ET LONDON/FRANKFURT (Reuters) - Metro AG could become the latest European retailer to warn on profits next week, piling pressure on the German group to sort out a successor to Chief Executive Eckhard Cordes. | Full Article HP ditches costly PC unit spin-off October 27, 2011 07:48 PM ET SAN FRANCISCO (Reuters) - Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business. | Full Article Whirlpool takes axe to outlook, jobs October 28, 2011 07:41 AM ET (Reuters) - Whirlpool Corp , the world's largest maker of household appliances, is responding to "recessionary" demand in major developed markets by cutting jobs and manufacturing capacity, following a similar move by rival AB Electrolux . | Full Article HEALTH NEWS Support waning for Obama healthcare law: poll Aspirin slashes hereditary cancer risk in UK study Medicare 2012 premium hike smaller than feared Steroid medications tied to vitamin D deficiency Alcohol linked to better survival after heart attack RELATED VIDEO Should married men weigh in on pay inequality? Floods tighten grip on Bangkok Pilgrims flock to Mecca A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Rare early Smurf drawings on sale Full Article Microchip reunites owner with Tennessee dog found near Detroit Elite Polish cops sacked for protecting Paris Hilton Popular tattooed Barbie causes controversy Cain video ad blows smoke in unorthodox campaign Want to buy a bridge? Kentucky's giving one away - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend