EU treaty draft spells out escape clause | January 11, 2012 07:47 AM ET | BRUSSELS (Reuters) - A new EU fiscal treaty will only allow euro zone countries to incur budget deficits during severe economic downturns in the euro zone or other exceptional events, according to a draft of the document obtained by Reuters on Wednesday. | Full Article | Hostess returns to bankruptcy protection over pensions | January 11, 2012 08:09 AM ET | (Reuters) - Wholesale baker Hostess Brands Inc filed for Chapter 11 bankruptcy protection in Manhattan on Wednesday, nearly three years after emerging from a similar process, after failing to reach an agreement with workers on pension and health benefits. | Full Article | | | US TOP NEWS | Romney takes winning streak to South Carolina | January 11, 2012 06:37 AM ET | MANCHESTER, New Hampshire (Reuters) - One day after a solid victory in New Hampshire, Republican presidential candidate Mitt Romney faces a critical test in South Carolina as he seeks to convince conservative voters that he is their best bet to defeat Democratic President Barack Obama. | Full Article | Fannie Mae CEO to leave after successor chosen | January 11, 2012 08:37 AM ET | WASHINGTON (Reuters) - Fannie Mae Chief Executive Michael Williams said on Tuesday he was stepping down from the government-controlled mortgage firm, which is at the center of a fight over how to reduce foreclosures. | Full Article | Iran says bomb kills nuclear scientist, blames Israel | January 11, 2012 08:14 AM ET | TEHRAN (Reuters) - Iran said one of its nuclear scientists was killed on Wednesday by a magnet bomb fixed to his car by a motorcyclist and blamed Israel for the attack, intensifying diplomatic tensions the West over Tehran's nuclear program. | Full Article | Arab monitor quits Syria mission in disgust | January 11, 2012 07:31 AM ET | BEIRUT (Reuters) - An Arab League observer has left Syria, accusing the authorities of committing war crimes and turning the Arab monitoring mission sent to check its compliance with a peace plan into a "farce." | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | 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 | | | |
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