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Tuesday, February 14, 2012

Business Today: Stock futures flat after euro-zone downgrades

Reuters
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02/14/2012
News Good Morning
LATEST NEWS
Stock futures flat after euro-zone downgrades
NEW YORK (Reuters) - Stock index futures were little changed Tuesday as upbeat data from Germany offset Moody's ratings downgrade of six euro-zone countries and investors remained concerned about the financial health of the region. | Full Article
Retail sales rise 0.4 percent in January
February 14, 2012 08:37 AM ET
WASHINGTON (Reuters) - - U.S. retail sales rose less than expected in January as consumers cut back on car purchases and did less online shopping. | Full Article
Moody's warns may cut AAA-rating for UK and France
February 14, 2012 08:07 AM ET
NEW YORK (Reuters) - Rating agency Moody's warned it may cut the triple-A ratings of France, Britain and Austria and it downgraded six other European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis. | Full Article
Wall Street fights back against expert witness in lawsuits
February 14, 2012 08:19 AM ET
(Reuters) - For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of dollars for investors who sued financial companies. | Full Article
Exclusive: EU to punish Spain for deficits, inaction
February 14, 2012 06:57 AM ET
BRUSSELS/MADRID (Reuters) - The European Union is likely to take action against Spain's newly installed government by May for delaying austerity measures ahead of a regional election next month, sources familiar with the situation told Reuters. | Full Article
US TOP NEWS
Obama, China's Xi to tread cautiously in White House talks
February 14, 2012 05:42 AM ET
WASHINGTON (Reuters) - President Barack Obama and Chinese Vice President Xi Jinping will hold talks on Tuesday that could help boost the international stature of China's leader-in-waiting while testing Obama's ability to balance U.S.-China diplomacy with election-year pressures. | Full Article
Assad's forces attack opposition on fronts across Syria
February 14, 2012 07:44 AM ET
AMMAN/BEIRUT (Reuters) - Syrian government forces attacked opponents of President Bashar al-Assad on several fronts on Tuesday, sending residents fleeing from one town near the capital and bombarding the city of Homs for an 11th day running, activists said. | Full Article
Greece rushes to meet lender demands
February 14, 2012 07:53 AM ET
ATHENS (Reuters) - Greece's government rushed on Tuesday to find 325 million euros in budget cuts to satisfy euro zone finance ministers deciding whether to sign off on a rescue package to save the country from a chaotic default. | Full Article
Insight: Post-election hangover looms for Venezuela economy
February 14, 2012 08:27 AM ET
CARACAS (Reuters) - From new homes in slums to cash for struggling mothers, Venezuela's Hugo Chavez is unleashing a flood of state spending to try to tip the balance in what looks like the toughest presidential election of his political career. | Full Article
Iranian bomber maimed in blasts in Thai capital
February 14, 2012 08:00 AM ET
BANGKOK (Reuters) - An Iranian man was seriously wounded in Bangkok Tuesday when a bomb he was carrying exploded and blew one of his legs off, police and government officials said, but they declined to speculate on whether he was involved with any militant group. | Full Article
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