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Thursday, December 1, 2011

Business Today: Stock futures little changed after powerful rally

Reuters
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12/1/2011
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LATEST NEWS
Stock futures little changed after powerful rally
NEW YORK (Reuters) - Stock index futures were little changed on Thursday after the S&P 500 posted its best gains since August in a powerful rally in the previous session. | Full Article
Early reports by retailers suggest strong month
December 01, 2011 08:06 AM ET
(Reuters) - Early reports by big U.S. retailers showed November sales were better than expected, buoyed by a strong turnout on "Black Friday," the busiest shopping day of the year. | Full Article
ECB hints at action if euro zone adopts fiscal pact
December 01, 2011 08:26 AM ET
BRUSSELS/FRANKFURT (Reuters) - The new head of the European Central Bank signaled on Thursday it was ready to take stronger action to fight Europe's debt crisis if political leaders agree next week on much tighter budget controls in the 17-nation euro zone. | Full Article
More charges coming in insider trading probe: sources
December 01, 2011 08:10 AM ET
(Reuters) - A year after four hedge funds were raided as part of a sweeping probe into insider trading, agents are ready to arrest as many as three people who worked at the raided funds, sources familiar with the investigation said. | Full Article
AT&T, Deutsche Telekom "battling" for merger: sources
December 01, 2011 08:30 AM ET
LONDON (Reuters) - AT&T Inc and T-Mobile USA's parent company Deutsche Telekom AG are still battling to save their $39 billion merger and are not in talks about a network-sharing alternative, people familiar with the matter said on Thursday. | Full Article
US TOP NEWS
Jobless claims rise 6,000 in latest week
December 01, 2011 08:36 AM ET
WASHINGTON (Reuters) - New claims for unemployment benefits rose unexpectedly last week, popping above 400,000 for the first time in just over a month and reinforcing the view that the battered labor market was healing only slowly. | Full Article
Enraged Pakistan says NATO attack threatens war on terror
December 01, 2011 07:21 AM ET
ISLAMABAD (Reuters) - Pakistan, enraged by a NATO cross-border attack that killed 24 soldiers, could end support for the U.S.-led war on militancy if its sovereignty is violated again, the foreign minister said, warning "enough is enough." | Full Article
Britain seeks EU action on Iran as China urges calm
December 01, 2011 08:26 AM ET
BRUSSELS/TEHRAN (Reuters) - Britain urged the European Union on Thursday to tighten sanctions on Iran over its nuclear program, as China warned against "emotionally charged actions" that might aggravate a bitter row between London and Tehran. | Full Article
Olympus ex-CEO campaigns to oust board
December 01, 2011 05:11 AM ET
NEW YORK/TOKYO (Reuters) - The former chief executive of disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and bring in his own team to save the Japanese firm from a big accounting scandal. | Full Article
Clinton offers Myanmar first rewards for political reform
December 01, 2011 08:32 AM ET
YANGON (Reuters) - Secretary of State Hillary Clinton offered Myanmar the first rewards for reform on Thursday, saying the United States would back more aid for the reclusive country and consider returning an ambassador after an absence of some two decades. | Full Article
HEALTH NEWS
Insight: Diabetes breakthrough stalled in safety debate
Children with HIV in Asia suffer resistance to AIDS drugs
Germany offers therapy to child sex abuse victims
Medicare to cover obesity counseling, screening
Pfizer aims to keep one-third of Lipitor pie
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