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Tuesday, November 15, 2011

Business Today: Futures slide as euro zone fears persist

Reuters
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11/15/2011
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LATEST NEWS
Futures slide as euro zone fears persist
NEW YORK (Reuters) - U.S. stock index futures fell on Tuesday, extending a drop in global equities, as doubts about the ability of Europe to tackle its debt crisis sent Italy's bond yields back into a perceived danger zone. | Full Article
Retail sales beat expectations in October
November 15, 2011 08:37 AM ET
WASHINGTON (Reuters) - Retail sales rose more than expected in October as strong receipts from motor vehicle and building material dealers offset the drag from service stations, suggesting the economy started the fourth quarter with some vigor. | Full Article
Italy's Monti center stage, France "alarm bells"
November 15, 2011 07:50 AM ET
ROME (Reuters) - Prime Minister-designate Mario Monti raced to assemble a new government for Italy on Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second biggest economy. | Full Article
Lenders unlikely to tighten screws on Olympus, for now
November 15, 2011 04:54 AM ET
TOKYO (Reuters) - Olympus Corp's creditors are not expected to demand changes in loan terms or take other abrupt steps and risk hurting their own interests when they meet company executives on Wednesday to grill them about the firm's huge accounting scandal, sources and analysts said. | Full Article
Wal-Mart profit below Wall St despite better sales
November 15, 2011 08:24 AM ET
(Reuters) - Wal-Mart Stores Inc's quarterly profit growth missed Wall Street's expectations on Tuesday, as the economy continues to weigh on customers at Walmart U.S., by far the company's largest division. | Full Article
US TOP NEWS
New York police evict anti-Wall Street protesters
November 15, 2011 08:25 AM ET
NEW YORK (Reuters) - Police wearing helmets and carrying shields evicted protesters with the Occupy Wall Street movement early on Tuesday from the park in New York City's financial district where they have camped since September, dismantling their tent city and arresting about 70 people. | Full Article
Supreme Court to take on Obama healthcare law
November 15, 2011 01:01 AM ET
WASHINGTON (Reuters) - The Supreme Court agreed on Monday to decide the fate of President Barack Obama's healthcare law, with an election-year ruling due by July on the U.S. healthcare system's biggest overhaul in nearly 50 years. | Full Article
Harris Bank subpoenaed, workers sue over MF Global
November 14, 2011 08:14 PM ET
(Reuters) - Fallout from MF Global Holdings Ltd's bankruptcy intensified as a U.S. regulator subpoenaed a bank that held some of its customers' money, while some of the 1,066 workers fired from the futures brokerage last week filed three lawsuits over their sudden dismissals. | Full Article
Obama to vow bigger Asia footprint on Pacific tour
November 15, 2011 02:41 AM ET
HONOLULU (Reuters) - President Barack Obama will unveil plans to deepen America's military presence in the Asia-Pacific region during a trip starting on Wednesday to Australia, where he aims to bolster ties with a staunch U.S. ally. | Full Article
Harrisburg misses deadline for bankruptcy plan
November 15, 2011 12:39 AM ET
HARRISBURG, Pennsylvania (Reuters) - The capital of Pennsylvania will let the state or a federal bankruptcy judge determine how it will get out of $318 million in debt after missing the last deadline on Monday to come up with a solution of its own. | Full Article
HEALTH NEWS
Doctors group supports fight on drug shortages
Should you skip alcohol if mom had breast cancer?
Cancer doctors score low on pain management: study
Merck settles Vioxx suits from New York, Florida
Brain scan study finds evidence of "chemo brain"
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