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Tuesday, December 27, 2011

Business Today: Futures flat after last week's gains

Reuters
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12/27/2011
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LATEST NEWS
Futures flat after last week's gains
NEW YORK (Reuters) - Stock index futures were little changed on Tuesday as investors found little reason to make big bets in what was expected to be a light-volume session following the previous week's gains. | Full Article
Sears to close more stores as holiday sales slump
December 27, 2011 08:05 AM ET
(Reuters) - Sears Holdings Corp will close up to 120 stores in its Kmart and namesake chains, blaming poor sales of consumer electronics so far this holiday season and saying it would focus its energy on its better performing stores. | Full Article
Analysis: U.S. rental demand lifts housing sector
December 27, 2011 04:55 AM ET
(Reuters) - Brian Keith is busier than ever as the architecture firm he works for rushes to wrap up work on a 300-unit apartment complex in Dallas. | Full Article
E&Y audit panel says no violations in Olympus handover
December 27, 2011 06:09 AM ET
TOKYO (Reuters) - A panel reviewing the auditing of Olympus Corp after its $1.7 billion accounting scandal said it had so far not found any problems with the work of Ernst & Young's Japanese arm and questioned the accuracy of a separate investigation critical of auditors. | Full Article
Debt-riddled Japan relaxes decades-old arms exports ban
December 27, 2011 04:08 AM ET
TOKYO (Reuters) - Debt-riddled Japan Tuesday relaxed its self-imposed decades-old ban on military equipment exports in a move that will open new markets to its defense contractors and help the nation squeeze more out of its defense budget. | Full Article
US TOP NEWS
Insight: FDA warned PIP on breast implant safety
December 27, 2011 06:11 AM ET
WASHINGTON (Reuters) - As early as 2000, U.S. health authorities raised concerns about the French breast implant maker at the heart of a scandal affecting hundreds of thousands of women worldwide. That was almost ten years before the company came under scrutiny from European regulators. | Full Article
U.S. stores hope "Mega Monday" led to brisk sales
December 26, 2011 05:02 PM ET
(Reuters) - Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans lured some out for what was likely to be the third-busiest shopping day of the holiday season. | Full Article
Arab monitors tour Homs, Syrian tanks seen leaving
December 27, 2011 07:23 AM ET
BEIRUT (Reuters) - At least 20,000 people protested in Homs on Tuesday against Syrian President Bashar al-Assad as Arab League peace monitors began to tour the flashpoint city and the army withdrew some tanks following battles that killed 34 people. | Full Article
Iraqi al Qaeda group says behind Baghdad bombings
December 27, 2011 07:38 AM ET
BAGHDAD (Reuters) - Al Qaeda's affiliate in Iraq has claimed responsibility for a slew of bombings that killed at least 71 people in Baghdad last week, a group that monitors online communication among insurgents said Tuesday. | Full Article
Any GSM phone vulnerable to new scam: researcher
December 27, 2011 07:41 AM ET
BERLIN (Reuters) - A well-known expert on mobile phone security says a vulnerability in a widely used wireless technology could allow hackers to gain remote control of phones, instructing them to send text messages or make calls. | Full Article
HEALTH NEWS
Breast implants need lifetime of care: experts
PIP implants sold to Dutch firm under new name
Latin American women fret over scandal-hit implants
Ulcer bacteria may protect against diarrhea: study
China's Mengniu says destroys tainted milk
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