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Tuesday, October 25, 2011

U.S. Top News Early Edition: Libya gives Gaddafi inglorious secret burial

Reuters
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10/25/2011
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LATEST NEWS
Libya gives Gaddafi inglorious secret burial
TRIPOLI (Reuters) - Muammar Gaddafi and his son Mo'tassim were buried in a secret desert location on Tuesday, five days after the disposed Libyan leader was captured, killed and put on grisly public display. | Full Article
U.S. throws lifeline to underwater homeowners
October 25, 2011 07:30 AM ET
WASHINGTON (Reuters) - Homeowners who owe more than their properties are worth got new help on Monday with the government's expansion of a refinancing program in a step that could help up to 1 million borrowers. | Full Article
Netflix plummets on weak outlook, downgrades
October 25, 2011 09:30 AM ET
(Reuters) - Netflix Inc's shares plunged almost 40 percent on Tuesday and were set to open at their lowest level since March last year, a day after the movie rental company warned of higher subscriber attrition and mounting costs. | Full Article
Obama plans moves to spur jobs for veterans: White House
October 25, 2011 06:04 AM ET
WASHINGTON (Reuters) - The White House said on Tuesday that President Barack Obama will take executive action to help military veterans find work, bypassing congressional Republicans to show voters he is serious about creating jobs. | Full Article
UBS salvages Q3 profit with one-off gain
October 25, 2011 08:52 AM ET
ZURICH (Reuters) - Swiss bank UBS AG overcame a 1.8 billion Swiss franc ($2 billion) rogue trading loss to post a smaller than forecast fall in third quarter net profit on Tuesday as its core wealth management business performed well. | Full Article
BUSINESS NEWS
Wall Street opens down on euro zone concerns, 3M
October 25, 2011 09:37 AM ET
NEW YORK (Reuters) - Stocks opened lower on Tuesday following comments from Germany's Chancellor that the country is opposed to phrase in a final draft for the region's summit. | Full Article
EU waits for Italy reforms on eve of crucial summit
October 25, 2011 09:13 AM ET
ROME/BRUSSELS (Reuters) - Italy's divided government kept Europe waiting on Tuesday for long delayed economic reforms that are central to efforts to confront the euro zone's worsening debt crisis. | Full Article
UPS reports higher profit, affirms outlook
October 25, 2011 08:44 AM ET
(Reuters) - United Parcel Service reported a higher quarterly profit as margins improved in the face of flat domestic shipping volume dulled by a sluggish economy, and it affirmed its outlook for record 2011 results. | Full Article
Home prices flat in August: S&P
October 25, 2011 09:24 AM ET
NEW YORK (Reuters) - Single-family home prices were unchanged in August, pointing to a market that continued to stabilize but has yet to gain traction, a closely watched survey said on Tuesday. | Full Article
Newsmaker: The "emperor" of Olympus, protector no longer
October 25, 2011 08:34 AM ET
TOKYO (Reuters) - When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an "umbrella," a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting. | Full Article
HEALTH NEWS
Gas pump handles top study of filthy surfaces
Yoga and stretching both ease chronic back pain
Don't screen everybody for HIV in the ER: study
Mammograms don't save as many lives as women think
Million-dollar payments to surgeons raise questions
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