U.S. Top News Early Edition: Deficit-cutting effort ends with whimper

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	11/21/2011
Good Morning LATEST NEWS Deficit-cutting effort ends with whimper WASHINGTON (Reuters) - Washington's most ambitious effort in years to come to grips with its mounting debt is set to end with a whimper on Monday as negotiators plan to announce they have failed to reach a deal. | Full Article Death toll hits 33 on third day of Egypt clashes November 21, 2011 09:22 AM ET CAIRO (Reuters) - Cairo police fought protesters demanding an end to army rule for a third day on Monday and morgue officials said the death toll had risen to 33, making it the worst spasm of violence since the uprising that toppled President Hosni Mubarak. | Full Article Global economic outlook grim, China tells U.S. trade talks November 21, 2011 06:31 AM ET CHENGDU, China (Reuters) - Chinese Vice-Premier Wang Qishan warned on Monday the global economy is in a grim state and the visiting U.S. commerce secretary said China would spend $1.7 trillion on strategic sectors as Beijing seeks to bolster waning growth. | Full Article NYC police say arrest "lone wolf" in bomb plot November 21, 2011 06:36 AM ET NEW YORK (Reuters) - New York police arrested a 27-year-old man they called a "lone wolf" militant on charges of plotting to build bombs to kill American soldiers returning from Iraq and Afghanistan. | Full Article Pressure for fast action after Spain election November 21, 2011 09:36 AM ET MADRID (Reuters) - A landslide conservative win in Spain's election failed to calm markets on Monday and Prime Minister elect Mariano Rajoy was under pressure to end uncertainty by giving rapid details of his policies to combat the worst economic crisis for decades. | Full Article BUSINESS NEWS Futures suggest 1 percent drop on likely debt panel defeat November 21, 2011 09:17 AM ET NEW YORK (Reuters) - Stock index futures pointed to a drop of about 1 percent on Monday as growing concerns about heavy debt loads both domestically and abroad added more uncertainty to a troubled market. | Full Article Gilead to buy Pharmasset for $11 billion November 21, 2011 08:16 AM ET (Reuters) - Gilead Sciences Inc struck a deal to buy Pharmasset Inc for about $11 billion in a huge bet on hepatitis C treatments to diversify its portfolio. | Full Article Alleghany to buy Transatlantic for $3.4 billion November 21, 2011 08:46 AM ET (Reuters) - U.S. property and casualty insurer Alleghany Corp said it would buy reinsurer Transatlantic Holdings for $3.4 billion in cash and stock, possibly putting an end to the months-long buyout battle for the reinsurer. | Full Article Euro zone not working, words alone won't fix it: Buffett November 21, 2011 07:55 AM ET IWAKI, Japan (Reuters) - Billionaire investor Warren Buffett said Europe's debt crisis had shown up a "major flaw" in the 17-member euro zone system and it would take more than words to fix it. | Full Article Debt crisis strikes at heart of Europe November 21, 2011 09:34 AM ET BRUSSELS/MADRID (Reuters) - The euro zone's debt crisis struck again at the heart of Europe on Monday despite a clear-cut election victory in Spain for conservatives committed to tougher austerity. | Full Article HEALTH NEWS HIV numbers hit new high as AIDS drugs save lives Overweight people eat less often: study Healthy male diet may boost IVF success: study Philip Morris challenges Australia on plain pack FDA revokes approval of Avastin for breast cancer RELATED VIDEO Inside the News: More action by Europe leaders seen unlikely Syria ignores crackdown deadline Eygpt's police clash with protesters A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Darth Vader claims land plot in Ukraine Full Article Court upholds fine against nude hiker - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend