U.S. Top News Early Edition: Exclusive: North Korea's military to share power with Kim's heir

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	12/21/2011
Good Morning LATEST NEWS Exclusive: North Korea's military to share power with Kim's heir BEIJING (Reuters) - North Korea will shift to collective rule from a strongman dictatorship after last week's death of Kim Jong-il, although his untested young son will be at the head of the ruling coterie, a source with close ties to Pyongyang and Beijing said. | Full Article Banks gorge on ECB loans December 21, 2011 09:32 AM ET FRANKFURT (Reuters) - Banks gobbled up nearly 490 billion euros in three-year cut-price loans from the European Central Bank on Wednesday, easing immediate fears of a credit crunch but leaving unresolved how much will flow to needy euro zone economies. | Full Article Payroll tax cut in doubt with stand-off in Congress December 21, 2011 09:00 AM ET WASHINGTON (Reuters) - A payroll tax cut for 160 million American workers was in limbo on Wednesday with Democrats and Republicans in Congress accusing each other of bringing an extension to a dead stop. | Full Article Insight: Boehner leadership in focus in tax cut debate December 20, 2011 11:30 PM ET WASHINGTON (Reuters) - In Congress' tense drama over how to extend payroll tax cuts for 160 million Americans, it may be the most intriguing subplot: whether Republican House Speaker John Boehner is losing his grip on members of his own party. | Full Article Olympus offices, homes raided in accounting scandal December 21, 2011 08:41 AM ET TOKYO (Reuters) - Dozens of black-suited investigators, marching double-file, raided the office building of three small Olympus Corp subsidiaries Wednesday, one of 20 sites searched in a probe of a $1.7 billion accounting scandal that threatens the once-proud Japanese medical device maker's survival. | Full Article BUSINESS NEWS Wall Street set for lower open as Europe optimism fades December 21, 2011 08:58 AM ET NEW YORK (Reuters) - Stock index futures pointed to a lower open on Wednesday as enthusiasm waned after strong bank demand for the European Central Bank's record funding operation and fears over the debt crisis resurfaced. | Full Article Walgreen profit down, says no Express Scripts deal December 21, 2011 09:20 AM ET (Reuters) - Walgreen Co posted a lower quarterly profit as the largest U.S. drugstore chain's margins were hurt by lower reimbursement rates for the prescriptions it fills, fewer flu shots and its spat with pharmacy benefits manager Express Scripts Inc . | Full Article Oracle results shock investors, shares plunge December 21, 2011 05:15 AM ET (Reuters) - Oracle Corp's earnings fell short of Wall Street's forecasts for the first time in a decade as software and hardware sales sputtered, sending its shares down more than 10 percent and stoking fears a global recession will hurt tech spending. | Full Article Mortgage applications eased last week: MBA December 21, 2011 07:15 AM ET NEW YORK (Reuters) - Applications for home mortgages slipped last week, led by a drop in purchase demand as low interest rates were not enough to entice home buyers, an industry group said on Wednesday. | Full Article Top EU court says carbon airline law valid December 21, 2011 08:55 AM ET LUXEMBOURG/BRUSSELS (Reuters) - Europe's highest court gave unreserved backing on Wednesday to an EU law that charges airlines for carbon emissions on flights to and from Europe, a decision likely to escalate tension with its trading partners, including the United States. | Full Article HEALTH NEWS Hong Kong culls chickens at market, bans trade, as H5N1 found UK authorities see no breast implant cancer link Insight: Pharma asks the money question earlier for new drugs Experimental malaria vaccine shows early promise Sleep disorders common in cops: study RELATED VIDEO Argentine protesters remember 2001 financial meltdown Kim Jong-un to share power Kim lies in state A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH California sperm donor at odds with federal regulators Full Article Disgraced duke's figure moved in Madrid wax museum - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend