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Tuesday, December 6, 2011

DAI: Wall St rises on EU summit hopes

Reuters
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12/6/2011
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Wall St rises on EU summit hopes
NEW YORK (Reuters) - Stocks rose on Tuesday as investors bet European leaders would take strong steps this week to end the region's debt crisis, including bolstering its financial rescue fund. | Full Article
Geithner backs EU crisis plan, stresses ECB role
December 06, 2011 04:30 PM ET
BRUSSELS/BERLIN (Reuters) - Treasury Secretary Timothy Geithner threw his weight on Tuesday behind a Franco-German plan to tackle the euro zone's sovereign debt crisis and said the European Central Bank had to play a major role in any solution. | Full Article
Exclusive: Fiat-Chrysler CEO "guardedly optimistic" on euro
December 06, 2011 02:59 PM ET
NEW YORK (Reuters) - Sergio Marchionne, the chief executive of Chrysler Group LLC and Fiat SpA, is "guardedly optimistic" the European Union will take steps this week to help the euro regain its credibility. | Full Article
Fed to hold off on easing, finalize policy framework
December 06, 2011 02:37 PM ET
WASHINGTON (Reuters) - The Federal Reserve looks set to hold off on easing monetary policy for a second meeting in a row as it gauges the impact of Europe's crisis on the U.S. economy and ponders additional transparency steps. | Full Article
Court approves Lehman plan to exit bankruptcy
December 06, 2011 04:36 PM ET
NEW YORK (Reuters) - Lehman Brothers Holdings Corp, now just the odds and ends of the global financial behemoth that collapsed in September 2008, received court approval on Tuesday to exit bankruptcy early next year. | Full Article
US TOP NEWS
CFTC chief slammed for ties to MF Global's Corzine
December 06, 2011 01:55 PM ET
WASHINGTON (Reuters) - Republican senators skewered the top U.S. futures regulator for his ties to former MF Global chief Jon Corzine and said he was "ducking" his responsibilities by stepping aside from a probe into now-bankrupt futures brokerage. | Full Article
Obama hits Republicans in starkly populist speech
December 06, 2011 04:22 PM ET
OSAWATOMIE, Kansas (Reuters) - President Barack Obama turned up the heat on his Republican foes on Tuesday as he portrayed himself as a champion of the middle class and laid out in the starkest terms yet the populist themes of his 2012 re-election bid. | Full Article
Insight: Conflicting visions at core of euro zone crisis
December 06, 2011 02:23 PM 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
Panel urges legal action in damning Olympus report
December 06, 2011 12:32 PM 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 "rotten" executives responsible for the cover-up and the replacement of other board members. | Full Article
Blasts across Afghanistan target Shi'ites, 59 dead
December 06, 2011 02:17 PM ET
KABUL (Reuters) - A suicide attack killed dozens of Shi'ite Muslims at a crowded Kabul shrine on Tuesday, and four others died in a smaller blast in a key northern city, in the worst sectarian violence Afghanistan has seen since the fall of the Taliban. | Full Article
HEALTH NEWS
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