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Friday, November 11, 2011

DAI: Wall Street gains on Italian reform

Reuters
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11/11/2011
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LATEST NEWS
Wall Street gains on Italian reform
NEW YORK (Reuters) - Stocks jumped on Friday, ending higher on the week after the Italian Senate's approval of economic reforms gave some relief to worries about the euro zone's debt crisis. | Full Article
Italy pushes through austerity law, Greek PM sworn in
November 11, 2011 03:08 PM ET
ROME/ATHENS (Reuters) - Italy's parliament on Friday began rushing through austerity measures demanded by the European Union to avert a euro zone meltdown and Washington ratcheted up pressure for more dramatic action from the currency bloc. | Full Article
Consumer sentiment rises on better outlook in November
November 11, 2011 02:05 PM ET
NEW YORK (Reuters) - Americans became more hopeful about the economic outlook in November, pushing consumer sentiment to a five-month high, though they still have a gloomy view of personal finances, a survey released on Friday showed. | Full Article
MF Global fires brokerage staff en masse
November 11, 2011 04:25 PM ET
NEW YORK (Reuters) - MF Global fired all 1,066 of its brokerage employees on Friday, triggering anger and resentment about the firm's collapse after bad bets on European debt under former CEO Jon Corzine's leadership. | Full Article
Mizuho Financial to cut 3000 jobs: report
November 11, 2011 01:33 PM ET
(Reuters) - As part of the restructuring related to the merger of its two banking units, Mizuho Financial Group Inc will cut 10 percent of its workforce, or 3,000 jobs, by end of fiscal 2015, The Nikkei said. | Full Article
US TOP NEWS
Mexican interior minister killed in helicopter crash
November 11, 2011 04:09 PM ET
MEXICO CITY (Reuters) - Mexican Interior Minister Francisco Blake was killed in a helicopter crash on Friday, a blow to the government as it fights powerful drug cartels. | Full Article
Italy Senate passes budget, Berlusconi end nigh
November 11, 2011 03:01 PM ET
ROME (Reuters) - Italy's Senate approved economic reforms intended to reverse a collapse of market confidence on Friday, kicking off a rapid transition that will end the era of Silvio Berlusconi and clear the way for an emergency government within days. | Full Article
Universal, Sony stun in EMI deal wins
November 11, 2011 12:05 PM ET
NEW YORK/PARIS (Reuters) - Vivendi's Universal Music Group and Sony won the auction for EMI's recorded music and music publishing operations on Friday, trumping bids by archrivals Warner Music Group and BMG Music Publishing at the 11th hour. | Full Article
Correction: Rajaratnam told to pay $92.8 million in SEC case
November 11, 2011 02:48 PM ET
NEW YORK (Reuters) - A federal judge ordered Raj Rajaratnam, the Galleon Group hedge fund founder sentenced to 11 years in prison for insider trading, to pay a record $92.8 million penalty in a related U.S. Securities and Exchange Commission civil case. | Full Article
IMF warns rich states may fall back into recession
November 11, 2011 11:03 AM ET
WASHINGTON (Reuters) - The International Monetary Fund on Friday warned that advanced economies could fall back into recession unless policy-makers move with greater urgency to agree on policies to boost growth. | Full Article
HEALTH NEWS
U.S. panel advises testing children for cholesterol
Employer health insurance hits new low: Gallup
U.S. Ok's therapy using human cord blood cells
Low levels of radioactive particles in Europe: IAEA
Insight: In Greek crisis, HIV gains ground
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