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Friday, December 16, 2011

DAI: S&P 500 ends up; U.S. data offers hope

Reuters
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12/16/2011
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LATEST NEWS
S&P 500 ends up; U.S. data offers hope
NEW YORK (Reuters) - An early rally in stocks fizzled, leaving major averages with modest gains on Friday, as Wall Street was torn between hope that U.S. economic data points to better times ahead and fear Europe's debt crisis will engulf major world economies. | Full Article
Fitch: comprehensive euro zone deal "beyond reach"
December 16, 2011 04:38 PM ET
ROME/BERLIN (Reuters) - The credit rating agency Fitch said on Friday it thought a comprehensive solution to the euro zone's debt crisis was beyond reach, putting six euro zone economies including Italy on watch for potential near-term downgrades. | Full Article
SEC sues former top Fannie, Freddie executives
December 16, 2011 03:02 PM ET
NEW YORK (Reuters) - Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies' exposure to risky home loans in the run-up to the 2008 financial crisis. | Full Article
Layoffs hit Soros investment company
December 16, 2011 02:06 PM ET
BOSTON (Reuters) - Soros Fund Management, the investment company of billionaire George Soros, has laid off a handful of analysts and portfolio managers in recent months. | Full Article
Inflation eases, creates space for Fed stimulus
December 16, 2011 01:28 PM ET
WASHINGTON (Reuters) - Consumer prices were flat in November as Americans paid less for cars and gasoline, a further sign of a cooldown in inflation that could give the Federal Reserve more room to help a still weak economy. | Full Article
US TOP NEWS
Lawmakers seek deal to extend payroll tax cut
December 16, 2011 04:20 PM ET
WASHINGTON (Reuters) - U.S. lawmakers were trying to forge a compromise deal on payroll tax relief for 160 million Americans on Friday as the House of Representatives overwhelmingly approved legislation to keep government agencies operating through September, 2012. | Full Article
U.S. withdrawal in Iraq rolls into final act
December 16, 2011 04:30 PM ET
BAGHDAD (Reuters) - American soldiers signed over their last military base to Iraqi officials on Friday with the U.S. troop pullout drawing to an swift end nearly nine years after the invasion that ousted Saddam Hussein. | Full Article
Suspected WikiLeaks source appears in court
December 16, 2011 04:25 PM ET
FORT MEADE, Maryland (Reuters) - An American Army intelligence analyst suspected of being behind the largest leak of classified documents in U.S. history made his first court appearance on Friday, sitting stone-faced as military prosecutors launched into their case against him. | Full Article
Barry Bonds gets 2 years probation in steroids probe
December 16, 2011 04:34 PM ET
SAN FRANCISCO (Reuters) - Home-run king Barry Bonds avoided a prison sentence on Friday over a single criminal conviction related to an investigation of steroids in sports, a punishment one prosecutor called a slap on the wrist. | Full Article
Exclusive: Google CEO's inner circle: Meet the L Team
December 16, 2011 04:26 PM ET
SAN FRANCISCO (Reuters) - The most powerful group at Google Inc used to be known simply as "The OC," short for operating committee. Now, it goes by a more telling name: "L Team," short for Larry's Team. | Full Article
HEALTH NEWS
States to weigh in on basic health coverage
Many surgeons don't discuss end-of-life care: study
FDA requires precaution on Boston Sci stent
Pfizer's Lyrica helps in restless legs syndrome study
Fewer veterans with PTSD using anti-anxiety drugs
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