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Thursday, January 12, 2012

Business Today: Stock futures up after Europe debt auctions

Reuters
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01/12/2012
News Good Morning
LATEST NEWS
Stock futures up after Europe debt auctions
NEW YORK (Reuters) - Stock index futures rose on Thursday after well-received European sovereign debt auctions encouraged investors ahead of job market and retail sales data expected to show the economy is steadily recovering. | Full Article
Jobless claims rise sharply to 6-week high
January 12, 2012 08:33 AM ET
WASHINGTON (Reuters) - The number of Americans applying for first-time jobless benefits rose on Thursday, reversing a recent decline and suggesting the labor market remains brittle. | Full Article
ECB holds rates while policy package takes effect
January 12, 2012 08:19 AM ET
FRANKFURT (Reuters) - The European Central Bank left interest rates on hold on Thursday, pausing to assess the impact of back-to-back cuts and a slew of other measures it unleashed late last year that are showing some signs of helping fight the euro zone debt crisis. | Full Article
Retail sales post weakest reading in 7 months
January 12, 2012 08:35 AM ET
WASHINGTON (Reuters) - Retail sales rose at the weakest pace in seven months in December as consumers pulled back late in the holiday shopping season, cutting purchases at department stores and spending less on electronic gadgets. | Full Article
Yields fall sharply at Spanish, Italian debt sales
January 12, 2012 08:12 AM ET
MADRID (Reuters) - Spain and Italy spread cheer through euro zone markets on Thursday with successful debt auctions at sharply lower borrowing costs in 2012's first real test of appetite for debt from the euro zone's bruised periphery. | Full Article
US TOP NEWS
Republicans head to South Carolina, guns blazing
January 12, 2012 01:20 AM ET
COLUMBIA, South Carolina (Reuters) - Republican presidential contenders brought buckets of cash and sharp rhetoric to South Carolina on Wednesday for an intense 10-day battle that may determine whether anyone can stop front-runner Mitt Romney's march to the party's nomination. | Full Article
U.S. wins Japan support over Iran nuclear program
January 12, 2012 08:31 AM ET
TEHRAN (Reuters) - The United States won key support from Japan Thursday for tough oil sanctions against Iran over a nuclear program that the West suspects is geared to developing atomic bombs. | Full Article
Republicans move to control Keystone approval
January 11, 2012 10:35 PM ET
WASHINGTON (Reuters) - Congressional Republicans, who are urging President Barack Obama to give a permit to the Canada-to-Texas Keystone XL oil pipeline project, are working on a plan to take the reins of approval from the president should the White House say no. | Full Article
RBS ditches investment bank in fresh jobs cull
January 12, 2012 08:25 AM ET
LONDON (Reuters) - Royal Bank of Scotland abandoned ambitions to be a top global investment bank and said it would cut another 4,450 jobs as it bows to pressure from the UK government to shut down risky operations and prepare for tougher international regulations. | Full Article
Insight: At the sharp end of Iranian sanctions
January 12, 2012 05:48 AM ET
(Reuters) - Tehran factory worker Mohammad Varamini lost his job of 14 years when rising energy costs and shrinking sales drove the tile maker that employed him out of business. His tale is a familiar one, repeated across Iran where hundreds of firms have been shuttered over the past year, a consequence of international sanctions and economic mismanagement. | Full Article
HEALTH NEWS
Help smokers quit whether they ask or not: study
Analysis: India's polio victory fuels endgame vaccine talks
Red wine-heart research slammed with fraud charges
Frequent red meat eaters at higher risk of stroke
Check-ups urged for Mexicans with flawed implants
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