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Thursday, January 5, 2012

U.S. Top News Early Edition: Private hiring surges, jobless claims dip

Reuters
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01/5/2012
News Good Morning
LATEST NEWS
Private hiring surges, jobless claims dip
NEW YORK (Reuters) - Private-sector hiring surged in December as employers added 325,000 new workers while claims for jobless benefits fell, raising hope that recent labor market improvement would continue in 2012. | Full Article
Exclusive: KPMG plans return of MF Global assets
January 05, 2012 08:52 AM ET
(Reuters) - MF Global UK administrator KPMG plans to start returning to clients the $1.2 billion of cash and assets frozen at the defunct broker as early as this month in a move that will placate customers ahead of their showdown with KPMG next week. | Full Article
Insight: Rivals set to pounce on Santorum's past
January 05, 2012 08:50 AM ET
ATLANTA (Reuters) - Rick Santorum's last-minute surge in the Iowa caucus brought him neck-and-neck with Mitt Romney in the first contest of the 2012 race to select a Republican presidential candidate. But it came too late to attract the harsh scrutiny usually visited on front-runners. | Full Article
French costs rise but demand solid at debt sale
January 05, 2012 09:38 AM ET
PARIS (Reuters) - French borrowing costs rose slightly when the euro zone's second-largest economy sold debt for the first time this year on Thursday but demand was solid despite concerns the country could lose its AAA credit rating. | Full Article
Bombs kill at least 67 in Iraq
January 05, 2012 09:30 AM ET
BAGHDAD (Reuters) - Bomb attacks targeting Shi'ite Muslim areas of Iraq killed at least 67 people on Thursday, police and hospital sources said, ramping up fears of an increase in sectarian strife. | Full Article
BUSINESS NEWS
Stock futures point to lower open, data may limit losses
January 05, 2012 09:14 AM ET
NEW YORK (Reuters) - Stock index futures pointed to a lower open on Thursday on renewed concerns about the euro zone's financial health, but encouraging employment data was expected to limit the decline. | Full Article
Same-store sales point to strong holidays
January 05, 2012 08:54 AM ET
(Reuters) - The first batch of December sales results suggests that people were willing and able to shop if retailers made it worth the effort with discounts. | Full Article
Lilly projects sharp drop in 2012 profit
January 05, 2012 08:25 AM ET
(Reuters) - Eli Lilly & Co forecast a steeper-than-expected decline in profit for 2012, the first full year without exclusive rights to its big-selling Zyprexa schizophrenia treatment. | Full Article
Pepsi mulls 4,000 job cuts: report
January 05, 2012 08:16 AM ET
(Reuters) - PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation. | Full Article
Madoff trustee sues California attorney general
January 05, 2012 09:25 AM ET
(Reuters) - The Bernard Madoff bankruptcy trustee has sued California Attorney General Kamala Harris to stop her alleged interference with his efforts to recover money for the swindler's former customers. | Full Article
HEALTH NEWS
Want your kids to do better in school? Try exercise
Fewer heart attacks after weight-loss surgery: study
U.S. twin births have doubled in three decades: study
Higher alcohol prices may curb drinking: study
French judge visits PIP breast implant offices
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