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Wednesday, January 11, 2012

U.S. Top News Early Edition: Romney takes winning streak to South Carolina

Reuters
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01/11/2012
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LATEST NEWS
Romney takes winning streak to South Carolina
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
Santorum runs out of steam in New Hampshire
January 11, 2012 08:49 AM ET
MANCHESTER, New Hampshire (Reuters) - Rick Santorum never showed up for a scheduled Election Day stop at the busiest voting ward in this New Hampshire city on Tuesday. | 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
Hostess returns to bankruptcy over pensions
January 11, 2012 08:48 AM ET
(Reuters) - Twinkies and Wonder Bread maker Hostess Brands Inc filed for bankruptcy protection for the second time in less than three years, after failing to reach an agreement with workers on pension and health benefits. | 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
BUSINESS NEWS
Wall Street set to pull back from 5-month high
January 11, 2012 09:20 AM ET
NEW YORK (Reuters) - A pullback in stocks was expected at the open on Wednesday, a day after the Dow and S&P 500 hit five-month highs, with pressure on the euro testing the recent view that U.S. equities were decoupling from Europe. | Full Article
ECB must do more to prevent euro collapse: Fitch
January 11, 2012 09:18 AM ET
FRANKFURT (Reuters) - The European Central Bank should ramp up its buying of troubled euro zone debt to support Italy and prevent a "cataclysmic" collapse of the euro, David Riley, the head of sovereign ratings for Fitch, said on Wednesday. | Full Article
Fed should keep easy policy to boost economy: Evans
January 11, 2012 09:37 AM ET
LAKE FOREST, Illinois (Reuters) - The Federal Reserve should stick to its super-easy monetary policy to fight unemployment and spur a "painstakingly slow" economic recovery, even if doing so pushes inflation temporarily higher, a top Fed official said on Wednesday. | Full Article
Icahn drops $1.73 billion bid for Commercial Metals
January 11, 2012 09:08 AM ET
(Reuters) - Billionaire investor Carl Icahn on Wednesday dropped his $1.73 billion hostile bid for Commercial Metals Co after failing to pick up support among the metal company's other shareholders. | Full Article
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
HEALTH NEWS
Pot smokers don't puff away lung health: study
Exclusive: The troubled history of PIP's implants man in America
Heart disease more likely in people with psoriasis: study
Loud hospital rooms linked to poor patient sleep
One in six adults goes on drinking binges: CDC
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