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Friday, December 23, 2011

Morning Digest: Congress poised to pass payroll tax cut deal

Reuters
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12/23/2011
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Congress poised to pass payroll tax cut deal
(Reuters) - Congress, after months of bitter fighting, is poised on Friday to pass a payroll tax cut extension that President Barack Obama argues is vital to the health of the economy. | Full Article
Damascus blasts kill civilians, soldiers: Syrian TV
December 23, 2011 06:06 AM ET
BEIRUT (Reuters) - Two booby-trapped cars blew up at security sites in Damascus on Friday, killing a number of civilians and soldiers, state television said, in the worst violence to hit Syria's capital during nine months of unrest against President Bashar al-Assad. | Full Article
U.S. economy hopes give European stocks respite
December 23, 2011 05:40 AM ET
LONDON (Reuters) - Signs of renewed momentum in the giant U.S. economy boosted European stocks and supported the euro on Friday, but any gains in holiday-thinned markets are likely to prove short-lived with concerns about the euro zone debt crisis undiminished. | Full Article
Xinhua website planning $158 million IPO: sources
December 23, 2011 04:29 AM ET
BEIJING (Reuters) - China's state news agency Xinhua plans to list its online portal in a 1 billion yuan ($157.8 million) stock market offering in Shanghai with China International Capital Corp underwriting the deal, two sources with knowledge of the matter said on Friday. | Full Article
U.S. approves Monsanto drought-tolerant GM corn
December 22, 2011 12:00 PM ET
WASHINGTON (Reuters) - Monsanto's genetically engineered, drought resistant corn is deregulated, the U.S. Agriculture Department said Thursday, clearing the variety for sale. | Full Article
Colts score late touchdown to shock Texans 19-16
December 23, 2011 03:42 AM ET
(Reuters) - The Indianapolis Colts scored a touchdown in the final minute to stun AFC South rivals Houston 19-16 at Lucas Oil Stadium on Thursday. | Full Article
Melanie Amaro wins first U.S. season of "X Factor"
December 22, 2011 10:29 PM ET
LOS ANGELES (Reuters) - An emotional Melanie Amaro won the TV singing contest "The X Factor" on Thursday, earning a $5 million recording contract and closing the first U.S. season of the heavily hyped Fox show. | Full Article
Waiting for Congress, Obama takes dog Bo shopping
December 21, 2011 04:50 PM ET
ALEXANDRIA, Virginia (Reuters) - With his wife and daughters already in Hawaii for the holidays, President Barack Obama took his dog Bo shopping on Wednesday as he waited for congressional leaders to mop up a payroll tax mess that has kept him in Washington. | Full Article
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