U.S. Top News Early Edition: Snow and tears mark funeral for North Korean leader

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	12/28/2011
Good Morning LATEST NEWS Snow and tears mark funeral for North Korean leader SEOUL (Reuters) - The world watched anxiously on Wednesday as North Korea staged a huge funeral in the capital, Pyongyang, for former leader Kim Jong-il, searching for signs of what to expect from the isolated nation that may be close to attaining nuclear weapons capacity. | Full Article Obama taps economist, banker as Fed governors December 27, 2011 07:43 PM ET HONOLULU/WASHINGTON (Reuters) - President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and former Treasury official, to the two empty seats on the Federal Reserve's policy-setting board of governors. | Full Article Deutsche Boerse, NYSE extend merger deadline to sway Europe December 28, 2011 08:23 AM ET LONDON (Reuters) - Deutsche Boerse and NYSE Euronext have extended the deadline for completion of their planned merger to March 31 next year as they seek to convince European regulators to back the $9 billion deal. | Full Article Analysis: China needs new policy course as capital tide turns December 28, 2011 08:11 AM ET BEIJING (Reuters) - China's economy has surfed for years on a crest of hefty capital inflows, but the tide that brought gains in money supply is turning as global growth slows. | Full Article Iran navy chief says closing Gulf "really easy" December 28, 2011 09:16 AM ET TEHRAN (Reuters) - Closing off the Gulf to oil tankers will be "easier than drinking a glass of water" for Iran if the Islamic state deems it necessary, state television reported on Wednesday, ratcheting up fears over the world's most important oil chokepoint. | Full Article BUSINESS NEWS S&P 500 churns at key level December 28, 2011 09:37 AM ET NEW YORK (Reuters) - The S&P 500 looked set to churn around its 200-day moving average for a second day in a light-volume session as stocks opened little changed on Wednesday. | Full Article Italy short-term debt costs halve at auction December 28, 2011 09:38 AM ET MILAN (Reuters) - Italy's short-term debt costs halved at auction Wednesday as a new package of budget austerity and an injection of cheap long-term money from the European Central Bank won Rome some respite in thin year-end markets. | Full Article U.S. says China not currency manipulator; chides Japan December 28, 2011 08:06 AM ET WASHINGTON (Reuters) - The U.S. Treasury again shied away from labeling China a currency manipulator on Tuesday, but it rapped the country for not moving quickly enough on exchange rate reforms. | Full Article Netflix, Gap lag in customer satisfaction online December 28, 2011 08:47 AM ET (Reuters) - Netflix Inc and Gap Inc were among the worst performers in customer satisfaction among the largest online retailers this holiday season, according to a survey released on Wednesday. | Full Article NY Times to sell regional newspapers for $143 million December 28, 2011 07:59 AM ET (Reuters) - The New York Times Co said it will sell 16 regional newspapers spread across the U.S. Southeast and California to Halifax Media Holdings for $143 million in cash as it looks to cut costs and focus on its most important papers and their websites. | Full Article HEALTH NEWS Insight: FDA warned PIP on breast implant safety in 2000 Third infant infected as U.S. probes baby formula Breast implants need lifetime of care: experts Venezuela offers free removal of PIP breast implants Want a pet cat? Think again, researchers say RELATED VIDEO Lava floods kill three in Indonesia Russian ship freed from Antarctic ice Egyptian President Hosni Mubarak leaves court 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 Whale sperm, orgasmic feet top 2011 bad science list Full Article Crime scene cleanup ad lifts Handel's Messiah Stressed Chinese fight back -- with pillows Boston student re-united with $170,000 violin - 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