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Monday, November 14, 2011

DAI: Wall St. ends lower amid euro zone fears

Reuters
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11/14/2011
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LATEST NEWS
Wall St. ends lower amid euro zone fears
NEW YORK (Reuters) - Stocks ended lower on Monday as rising bond yields in Italy and other euro zone countries reminded investors that despite changes in governments, the region's debt crisis could still spin out of control. | Full Article
Europe could be in worst hour since WW2: Merkel
November 14, 2011 04:16 PM ET
LEIPZIG, Germany (Reuters) - German Chancellor Angela Merkel said on Monday that Europe could be living through its toughest hour since World War Two as new leaders in Italy and Greece rushed to form governments and limit the damage from the euro zone debt crisis. | Full Article
Buffett sheds tech aversion with big IBM investment
November 14, 2011 02:39 PM ET
(Reuters) - Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion. | Full Article
Lossmaking UniCredit seeks $10.3 billion, axes 6,150 jobs
November 14, 2011 02:29 PM ET
MILAN (Reuters) - Italian bank UniCredit is to ask shareholders for 7.5 billion euros ($10.3 billion) in new capital, cut 6,150 jobs and retreat from key business areas in a bid to repair its ravaged balance sheet and return to profit. | Full Article
Chance of 2012 U.S. recession tops 50 percent: Fed paper
November 14, 2011 03:31 PM ET
(Reuters) - The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank. | Full Article
US TOP NEWS
Supreme Court agrees to hear Obama healthcare law
November 14, 2011 01:29 PM 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 healthcare system's biggest overhaul in nearly 50 years. | Full Article
Yemen's Saleh says ready to step down in 90 days
November 14, 2011 03:38 PM ET
SANAA (Reuters) - Yemeni President Ali Abdullah Saleh said on Monday he was ready to step down within 90 days of reaching a deal on a formal process for implementing a Gulf initiative aimed at ending the nine-month-old crisis in his country. | Full Article
Charity linked to Penn State abuse scandal cleans house
November 14, 2011 04:28 PM ET
STATE COLLEGE (Reuters) - The charity founded by a former assistant football coach at Penn State University who has been charged with child sex abuse started a shake-up on Monday, with its long-time leader out and an internal investigation under way. | Full Article
Syria faces growing world pressure to halt bloodshed
November 14, 2011 04:21 PM ET
BEIRUT (Reuters) - Jordan's King Abdullah told Syria's President Bashar al-Assad on Monday he should step down and the European Union added pressure with more sanctions after the Arab League's surprise suspension of Damascus for its violent crackdown on protests. | Full Article
Italy's Monti says talks constructive, should stay until 2013
November 14, 2011 03:28 PM ET
ROME (Reuters) - Italy's Prime Minister-designate Mario Monti said on Monday his first day of talks for a new government were constructive and he hoped to form an administration that could take the country through to the next scheduled elections in 2013. | Full Article
HEALTH NEWS
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Brain scan study finds evidence of "chemo brain"
Top court to hear in vitro fertilization benefits
Phone therapy and exercise can ease chronic pain
Pfizer vaccine effective for adults: FDA staff
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