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Thursday, December 15, 2011

Business Today: Futures rise ahead of data, FedEx jumps

Reuters
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12/15/2011
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LATEST NEWS
Futures rise ahead of data, FedEx jumps
NEW YORK (Reuters) - Stock index futures rose on Thursday, following three days of market losses and ahead of a batch of data including industrial production, jobless claims and New York manufacturing. | Full Article
Jobless claims drop to 3.5 year low
December 15, 2011 08:35 AM ET
WASHINGTON (Reuters) - New U.S. claims for unemployment benefits dropped to a 3-1/2 year low last week, a government report showed on Thursday, suggesting the labor market | Full Article
Spain looks safer than Italy as borrowing costs fall
December 15, 2011 07:51 AM ET
MADRID (Reuters) - Spain saw solid demand for its bonds on Thursday, paying more than 2 percentage points less to borrow over 5-years than Italy a day earlier as budget cuts helped ease concerns it could be among the next to fall in the euro zone's debt crisis. | Full Article
Olympus ex-CEO attacks Japan investors as comeback bid struggles
December 15, 2011 05:19 AM ET
TOKYO (Reuters) - The whistleblower in Japan's Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders on Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated. | Full Article
FedEx affirms 2012 view, buying Boeing aircraft
December 15, 2011 08:29 AM ET
(Reuters) - FedEx Corp reported higher quarterly profit and said it is buying 27 new Boeing aircraft to update its fleet for fuel efficiency and cost savings. | Full Article
US TOP NEWS
Republicans push $915 billion spending bill
December 15, 2011 06:36 AM ET
WASHINGTON (Reuters) - Republicans introduced a $915 billion spending bill in the House of Representatives early on Thursday in an attempt to force Democrats to finalize legislation that would keep the U.S. government operating beyond the weekend. | Full Article
SEC looking to appeal blocked Citigroup settlement: report
December 15, 2011 03:21 AM ET
(Reuters) - Enforcement staff of the Securities and Exchange Commission may request the commissioners leading the agency that they appeal last month's rejection by a U.S. district judge of a proposed $285 million settlement with Citigroup, the Wall Street Journal said, citing people familiar with the matter. | Full Article
U.S. military marks end to nearly nine bloody years in Iraq
December 15, 2011 08:25 AM ET
BAGHDAD (Reuters) - The U.S. military officially ended its war in Iraq on Thursday, rolling up its flag at a low-key ceremony with Defense Secretary Leon Panetta nearly nine bloody years after the invasion that ousted dictator Saddam Hussein. | Full Article
Putin rules out new election in marathon show
December 15, 2011 08:06 AM ET
MOSCOW (Reuters) - Vladimir Putin dismissed calls to rerun a parliamentary election in a marathon phone call-in on Russian television on Thursday and ignored most of the demands of protesters complaining of electoral fraud and demanding an end to his 12-year rule. | Full Article
China villagers defy government in standoff over death
December 15, 2011 08:03 AM ET
BEIJING (Reuters) - Villagers in southern China on Thursday defied authorities and continued protests over a death in custody and land dispute in the latest outburst of simmering rural discontent that is eroding the ruling Communist Party's grip at the grassroots. | Full Article
HEALTH NEWS
Cancer group aims to boost trust in guidelines
Gilenya trial could ease safety worries
Brain stimulation may help some stroke patients
Health law keeps 2.5 million young adults insured
Study endorses HPV testing for all women over 30
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