U.S. Top News Early Edition: Woodford to sue Olympus over firing, drops CEO bid

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	01/6/2012
Good Morning LATEST NEWS Woodford to sue Olympus over firing, drops CEO bid TOKYO (Reuters) - The ousted British CEO of disgraced Olympus Corp, who blew the whistle on a $1.7 billion accounting fraud, dropped his bid to return to lead the medical device maker, blaming cozy ties between its management and big Japanese shareholders and saying the saga had taken its toll on his family. | Full Article Iran plans more war games in strait as sanctions bite January 06, 2012 08:58 AM ET TEHRAN (Reuters) - Iran announced plans on Friday for new military exercises in the world's most important oil shipping lane, the latest in weeks of bellicose gestures towards the West as new sanctions threaten Tehran's oil exports. | Full Article Soros says EU break-up would be catastrophic: report January 06, 2012 08:17 AM ET (Reuters) - A collapse of the euro and break-up of the European Union would have catastrophic consequences for the global financial system, billionaire investor George Soros was quoted as saying. | Full Article Suicide bomb kills 25 in Damascus: Syrian TV January 06, 2012 09:16 AM ET BEIRUT (Reuters) - A suicide bomber killed about 25 people and wounded 46 in Damascus on Friday, Syria's state news agency SANA said, in the third such attack in the Syrian capital in a month. | Full Article Smartphones power Samsung to record quarterly profit January 06, 2012 09:32 AM ET SEOUL (Reuters) - Samsung Electronics, the world's top maker of memory chips and smartphones, reported a record quarterly profit on Friday, aided by one-off gains and best-ever sales of high-end phones. | Full Article BUSINESS NEWS Dollar, stocks up after U.S. jobs data January 06, 2012 09:07 AM ET LONDON (Reuters) - Stocks, commodity prices and the dollar moved higher on Friday while safe-haven government bonds fell after better-than-expected U.S. jobs data for December confirmed the recovery in the world's biggest economy is strengthening. | Full Article Payroll jobs up, jobless rate falls to 8.5 percent January 06, 2012 09:22 AM ET WASHINGTON (Reuters) - Employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity. | Full Article Hungary downgraded to "junk" as PM says wants deal January 06, 2012 09:30 AM ET BUDAPEST (Reuters) - A rating downgrade on Friday left Hungary's debt rated "junk" across the board, underscoring investors' doubts about the government's willingness to change its controversial policies in return for aid to stave off a financial crisis. | Full Article Best Buy backs profit view despite soft December sales January 06, 2012 09:33 AM ET (Reuters) - Best Buy Co stood by its profit outlook for the financial year despite a 1.2 percent same-store sales decline in the key selling month of December, allaying some concerns that all its holiday sales were driven by profit-sapping discounts. | Full Article Euro zone's economy slumps at year-end January 06, 2012 08:11 AM ET BRUSSELS (Reuters) - The euro zone's economy deepened its downturn at the end of 2011 as retail sales fell and sentiment soured, but the first improvement in the business climate in 10 months offered hope that an expected recession may be mild. | Full Article HEALTH NEWS Exclusive: EU medicines head urges tougher implant rules Babies' sleep problems may persist over years, study says France urges tighter EU rules on implants EU to set new biosimilar drug rules by mid-year Doctors pressure Hospira over execution drug RELATED VIDEO Japanese whalers clash with activists Two shot dead in south Thailand Brazil dam bursts 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 Taiwan's Ma to win election? The stars have foreseen it Full Article Women are a mystery to British physicist Hawking Colorado woman accused of damaging $30 million painting Maldives lifts ban on luxury resort spas U.S. twin births have doubled in three decades: study Give slim kids higher marks, says French diet guru - 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