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Tuesday, December 6, 2011

Business Today: Stock futures gain on hopes of euro zone reforms

Reuters
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12/6/2011
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Stock futures gain on hopes of euro zone reforms
NEW YORK (Reuters) - Stock index futures rose on Tuesday as investors hoped S&P's downgrade warning on the euro zone's credit ratings will help force through budget changes at a European Union summit this week. | Full Article
S&P downgrade threat a clarion call for euro reform
December 06, 2011 07:50 AM ET
PARIS/BERLIN (Reuters) - A threat by Standard & Poors to slash credit ratings across the euro zone has sounded a clarion call, which could help Nicolas Sarkozy and Angela Merkel force through a change to the European Union treaty at a summit this week. | Full Article
Legal action urged in damning Olympus report
December 06, 2011 08:30 AM ET
TOKYO (Reuters) - An independent panel issued a damning report on a $1.7 billion accounting scandal at Japan's disgraced Olympus Corp on Tuesday, urging legal action against the executives responsible for the cover-up and the replacement of other board members who knew. | Full Article
BofA Merrill unit in $315 mln mortgage settlement
December 06, 2011 08:22 AM ET
(Reuters) - Bank of America Corp agreed to pay $315 million to settle claims by investors who said they were misled about mortgage securities offerings by its Merrill Lynch unit, a court filing shows. | Full Article
D.Boerse, NYSE must sell assets for merger: report
December 06, 2011 07:59 AM ET
PARIS (Reuters) - European competition authorities are ready to block the merger of NYSE Euronext and Deutsche Boerse unless the companies agree to new asset sales, Le Monde newspaper reported on Tuesday. | Full Article
US TOP NEWS
Insight: Conflicting visions at core of euro zone crisis
December 06, 2011 08:36 AM ET
Since the inception of the euro, France and Germany have pursued divergent visions of European economic and monetary union. In two decades, the French have become a little more German, the Germans a little more French. But the gulf remains. | Full Article
Afghan Shi'ite shrine blast kills 54
December 06, 2011 08:23 AM ET
KABUL (Reuters) - A suicide bomber attacked a Shi'ite Muslim shrine in Kabul on Tuesday killing at least 54 people in unprecedented sectarian violence a day after Afghanistan's Western allies pledged long-term support once their troops leave. | Full Article
Putin promises changes, faces protests
December 06, 2011 07:59 AM ET
MOSCOW (Reuters) - Russian Prime Minister Vladimir Putin responded to an election setback and protests by promising on Tuesday to reshuffle the government next year but his spokesman warned the opposition that any unsanctioned rallies would be stopped. | Full Article
Romney staff spent nearly $100,000 to hide records
December 06, 2011 07:52 AM ET
WASHINGTON (Reuters) - Mitt Romney spent nearly $100,000 in state funds to replace computers in his office at the end of his term as governor of Massachusetts in 2007 as part of an unprecedented effort to keep his records secret, Reuters has learned. | Full Article
Analysis: Court tests liability of healthcare executives
December 06, 2011 06:48 AM ET
(Reuters) - After decades in relative obscurity, a legal doctrine that holds corporate officers liable for company wrongdoing is finding its way back into some high-profile healthcare prosecutions. | Full Article
HEALTH NEWS
AIDS group seeks Los Angeles referendum on porn star condom use
Chocolate helps you grow? EU sifts the evidence
Imperial Tobacco challenges Australia plain packaging
Sanofi announces positive results for diabetes drug
Government asks top court to rule for generic drugmaker
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