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Thursday, November 17, 2011

U.S. Top News Early Edition: Jobless claims at 7-month low, building permits jump

Reuters
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11/17/2011
News Good Morning
LATEST NEWS
Jobless claims at 7-month low, building permits jump
WASHINGTON (Reuters) - New claims for jobless benefits hit a seven-month low last week, while permits for future home construction rebounded strongly last month, bolstering views the economy was gaining traction. | Full Article
Spanish, French borrowing costs raise contagion alarm
November 17, 2011 09:30 AM ET
MADRID/PARIS (Reuters) - Spain and France faced sharply higher borrowing costs on Thursday, struggling with bond auctions that highlighted the threat of larger euro zone economies succumbing to the debt crisis that began in Greece and is now threatening Italy. | Full Article
Hundreds of protesters march on Wall Street
November 17, 2011 09:23 AM ET
NEW YORK (Reuters) - Hundreds of Occupy Wall Street protesters marched through New York's financial district toward the stock exchange on Thursday to protest economic inequality at the heart of the American capitalism. | Full Article
Obama to announce Asian export deals for Boeing, GE
November 17, 2011 08:37 AM ET
NUSA DUA, INDONESIA (Reuters) - As he wraps up his Asia-Pacific tour, President Barack Obama will showcase a $21.7 billion deal Boeing has struck with Indonesia's largest domestic airline, Lion Air, the White House said. | Full Article
New premier Monti says Italy faces emergency
November 17, 2011 09:25 AM ET
ROME (Reuters) - New Prime Minister Mario Monti said on Thursday Italy faced a major emergency as he promised rigor and fairness in sweeping reforms to dig the country out of a major financial crisis. | Full Article
BUSINESS NEWS
Wall Street opens down on euro zone concerns
November 17, 2011 09:37 AM ET
NEW YORK (Reuters) - Stocks edged lower at the opening on Thursday as another round of improved U.S. economic data was offset by concerns over rising yields on euro zone debt. | Full Article
Sears loss widens as sales fall
November 17, 2011 06:56 AM ET
(Reuters) - Sears Holdings Corp's quarterly loss almost doubled as weak demand for gadgets and a reputation for run-down locations hurt sales at the operator of Sears department stores and the Kmart discount chain. | Full Article
Olympus ex-CEO to return to Japan, top shareholder cuts stake
November 17, 2011 08:09 AM ET
TOKYO (Reuters) - The former CEO of Olympus Corp, whose revelations about irregular deals and payments exposed an accounting scandal at the camera and medical equipment maker, will return to Japan next week to meet police and authorities investigating the case. | Full Article
Delphi IPO prices at low end of range
November 17, 2011 09:35 AM ET
(Reuters) - Delphi Automotive Plc raised $530 million in its initial public offering -- in a deal that values the company much less than it had hoped for when IPO plans were first being formed. | Full Article
More Americans to shop on Black Friday: survey
November 17, 2011 09:37 AM ET
(Reuters) - Americans plan this year to go shopping in greater numbers on Black Friday, the biggest shopping day of the year and unofficial kick-off the holiday spending season. | Full Article
HEALTH NEWS
Asia's mobile tech-driven healthcare market seen at $7 billion
Europe in the grip of drug-resistant superbugs
Fund backs cervical cancer vaccine in poor nations
FDA panel backs Pfizer vaccine for adults
Green tea may trim "bad" cholesterol: study
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