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Tuesday, November 8, 2011

Morning Digest: Olympus admits it hid losses for decades

Reuters
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11/8/2011
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LATEST NEWS
Olympus admits it hid losses for decades
TOKYO (Reuters) - Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back to the 1980s, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt. | Full Article
Berlusconi faces crunch vote, pressure to quit
November 08, 2011 05:59 AM ET
ROME (Reuters) - Italian Prime Minister Silvio Berlusconi, under massive pressure to resign, faces a crucial vote on public finances in parliament on Tuesday which could sink his government if enough party rebels desert him. | Full Article
Stock index futures signal higher open
November 08, 2011 04:28 AM ET
NEW YORK (Reuters) - Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures up 0.3 percent, and Nasdaq 100 futures up 0.5 percent at 4:05 a.m. ET. | Full Article
Apple security expert finds apps-software bug
November 07, 2011 08:03 PM ET
(Reuters) - A software flaw in Apple Inc's iPhones and iPads may allow hackers to build apps that secretly install programs to steal data, send text messages or destroy information, according to an expert on Apple device security. | Full Article
Huge asteroid headed for close encounter with Earth
November 07, 2011 02:41 PM ET
CAPE CANAVERAL, Fla (Reuters) - A huge asteroid will pass closer to Earth than the moon Tuesday, giving scientists a rare chance for study without having to go through the time and expense of launching a probe, officials said. | Full Article
Boxer Frazier, Ali's greatest foe, dies
November 08, 2011 12:17 AM ET
WASHINGTON (Reuters) - Joe Frazier, the relentless slugger who became the heavyweight champion of the world and earned boxing immortality with three epic battles against Muhammad Ali, died on Monday at age 67, his personal manager said. | Full Article
Michael Jackson's doctor guilty of manslaughter
November 07, 2011 10:50 PM ET
LOS ANGELES (Reuters) - Michael Jackson's personal doctor was found guilty on Monday of involuntary manslaughter in the pop star's drug-related death in 2009 but may not spend much time in jail. | Full Article
Five teenagers arrested for stealing Halloween candy
November 07, 2011 10:22 AM ET
(Reuters) - Five Virginia teenagers were charged with robbery and assault after they beat up two Halloween trick-or-treaters and stole their candy, Police said on Saturday. | Full Article
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