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Friday, November 4, 2011

Business Today: Futures fall after Merkel fund comments

Reuters
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11/4/2011
News Good Morning
LATEST NEWS
Futures fall after Merkel fund comments
NEW YORK (Reuters) - Stock index futures extended losses after German Chancellor Angela Merkel said hardly any countries in the Group of 20 industrialized nations said they will participate in the euro zone bailout fund. | Full Article
Groupon raises $700 million in massive IPO
November 04, 2011 07:49 AM ET
(Reuters) - Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004. | Full Article
Italy accepts IMF monitoring, EU looks for support
November 04, 2011 07:31 AM ET
CANNES, France (Reuters) - Italy, under fierce pressure from financial markets and European peers, agreed to have the IMF monitor its progress with long delayed reforms of pensions, labor markets and privatization, senior EU sources said on Friday. | Full Article
Insight: MF board seen beholden to Corzine as risk grew
November 04, 2011 04:31 AM ET
(Reuters) - Following MF Global's sudden meltdown, the company's board of directors is under harsh scrutiny. | Full Article
Euro zone Oct private sector slump flags recession
November 04, 2011 06:50 AM ET
LONDON (Reuters) - Private sector activity in the euro zone shrank at its fastest pace in 28 months in October as the debt crisis sapped new business and soured sentiment in an economy looking like it is heading into a slump, survey data showed on Friday. | Full Article
US TOP NEWS
Greek PM faces survival vote, bailout in balance
November 04, 2011 08:36 AM ET
ATHENS (Reuters) - Prime Minister George Papandreou faces a knife-edge confidence vote on Friday, with the fate of both the nation's EU/IMF bailout deal and the global economy in the balance. | Full Article
Job report hints at some improvement
November 04, 2011 08:37 AM ET
WASHINGTON (Reuters) - U.S. employment rose less than expected in October, but a drop in the jobless rate to a six-month low of 9.0 percent and upward revisions to prior months' job gains pointed to underlying strength in the labor market. | Full Article
Obama advisers fret over pipeline's political risks
November 04, 2011 08:31 AM ET
WASHINGTON (Reuters) - Stung by months of protests, President Barack Obama's advisers are worried that administration approval for a planned oil pipeline from Canada could cost him political support from Democrats in 2012. | Full Article
Olympus delays earnings announcement; shares plunge
November 04, 2011 03:28 AM ET
TOKYO (Reuters) - Japan's Olympus Corp said it will not announce its quarterly earnings on November 8 as expected because it needs more time after appointing an external panel to look into past acquisitions, sparking a fresh plunge in the firm's shares. | Full Article
Agitators blamed for Oakland unrest that injured 8
November 04, 2011 12:37 AM ET
OAKLAND, Calif (Reuters) - Police arrested more than 100 demonstrators early on Thursday in clashes that activists and Oakland city officials alike blamed on agitators who provoked unrest following a day of mostly peaceful rallies against economic inequality. | Full Article
HEALTH NEWS
FDA says drugs approved in U.S. before Europe
Medicare beneficiaries sue U.S. over hospital stays
More evidence obesity tied to colon cancer: study
In developing world, poor still means thin: study
More evidence obesity tied to colon cancer
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