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Thursday, December 15, 2011

U.S. Top News Early Edition: Republicans push $915 billion spending bill

Reuters
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12/15/2011
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Republicans push $915 billion spending bill
WASHINGTON (Reuters) - Republicans introduced a $915 billion spending bill in the House of Representatives early on Thursday in an attempt to force Democrats to finalize legislation that would keep the U.S. government operating beyond the weekend. | Full Article
Olympus ex-CEO attacks Japan investors as comeback bid struggles
December 15, 2011 05:19 AM ET
TOKYO (Reuters) - The whistleblower in Japan's Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders on Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated. | Full Article
SEC looking to appeal blocked Citigroup settlement: report
December 15, 2011 08:54 AM ET
(Reuters) - Enforcement staff of the Securities and Exchange Commission may request the commissioners leading the agency that they appeal last month's rejection by a U.S. district judge of a proposed $285 million settlement with Citigroup, the Wall Street Journal said, citing people familiar with the matter. | Full Article
U.S. military marks end to nearly nine bloody years in Iraq
December 15, 2011 08:25 AM ET
BAGHDAD (Reuters) - The U.S. military officially ended its war in Iraq on Thursday, rolling up its flag at a low-key ceremony with Defense Secretary Leon Panetta nearly nine bloody years after the invasion that ousted dictator Saddam Hussein. | Full Article
Putin rules out new election in marathon show
December 15, 2011 09:21 AM ET
MOSCOW (Reuters) - Vladimir Putin dismissed calls to rerun a parliamentary election in a marathon phone call-in on Russian television on Thursday and ignored most of the demands of protesters complaining of electoral fraud and demanding an end to his 12-year rule. | Full Article
BUSINESS NEWS
Wall Street set to bounce back on stronger data
December 15, 2011 09:22 AM ET
NEW YORK (Reuters) - Wall Street stocks were set to rise at the open on Thursday as stronger labor market and manufacturing data lifted sentiment after three days of losses, while higher quarterly profit from FedEx also boosted equity futures. | Full Article
FedEx profit beats Street
December 15, 2011 08:51 AM ET
(Reuters) - FedEx Corp reported a higher-than-expected quarterly profit and said it is buying 27 new Boeing aircraft to update its fleet for fuel efficiency and cost savings. | Full Article
Morgan Stanley to cut 1,600 jobs
December 15, 2011 09:30 AM ET
(Reuters) - Morgan Stanley will cut 1,600 employees in the first quarter, the bank said on Thursday, as it trims costs in a difficult period for trading and banking revenue. | Full Article
Jobless claims at 3.5 year low
December 15, 2011 09:24 AM ET
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits dropped to a 3-1/2 year low last week and factory activity in New York state scaled a seven-month high in December, more evidence of a pick-up in economic activity. | Full Article
Spain looks safer than Italy as borrowing costs fall
December 15, 2011 09:01 AM ET
MADRID (Reuters) - Spain saw solid demand for its bonds on Thursday, paying more than 2 percentage points less to borrow over 5-years than Italy a day earlier as budget cuts helped ease concerns it could be among the next to fall in the euro zone's debt crisis. | Full Article
HEALTH NEWS
Cancer group aims to boost trust in guidelines
Gilenya trial could ease safety worries
Brain stimulation may help some stroke patients
Health law keeps 2.5 million young adults insured
Study endorses HPV testing for all women over 30
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