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Thursday, February 9, 2012

U.S. Top News Early Edition: Greeks strike bailout deal in time for EU meeting

Reuters
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02/9/2012
News Good Morning
LATEST NEWS
Greeks strike bailout deal in time for EU meeting
ATHENS (Reuters) - Greek leaders clinched a long-stalled deal on reforms and austerity measures needed to secure a bailout and avoid a messy default, government sources said, hours before the country's financial backers were to meet in Brussels on Thursday. | Full Article
Jobless claims brighten labor market picture
February 09, 2012 09:22 AM ET
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, underscoring a firming of the labor market. | Full Article
ECB holds rates, refuses to show hand on Greece
February 09, 2012 09:20 AM ET
FRANKFURT (Reuters) - The European Central Bank held interest rates at a record low on Thursday, seeing tentative signs of economic stabilization, but refused to say what part it might play in averting a ruinous Greek default. | Full Article
Iran paying for grain with gold, oil: traders
February 09, 2012 08:56 AM ET
PARIS/HAMBURG (Reuters) - Iran is seeking to close grain purchases using gold and oil as payment, and has paid in yen for a large volume of wheat in its first deal since western sanctions against Tehran started choking imports of food staples, European wheat exporters said. | Full Article
Facing more key votes, Romney can't afford another stumble
February 09, 2012 08:45 AM ET
WASHINGTON (Reuters) - Many Republicans may have growing concerns about their presidential front-runner Mitt Romney, but no one is pushing the panic button - yet. | Full Article
BUSINESS NEWS
Wall Street opens higher on Greek deal
February 09, 2012 09:37 AM ET
NEW YORK (Reuters) - Stocks open higher on Thursday after Greek leaders clinched a long-stalled deal on reforms and data indicated the U.S. labor market continued to improve. | Full Article
PepsiCo to cut 8,700 jobs, invest in brands
February 09, 2012 09:03 AM ET
(Reuters) - PepsiCo Inc expects to cut 8,700 jobs as part of a plan to save an extra $1.5 billion over the next three years, as it invests more money in marketing and advertising its brands. | Full Article
Kodak to stop making cameras to cut costs
February 09, 2012 09:24 AM ET
(Reuters) - Eastman Kodak Co , the bankrupt inventor of the hand-held camera, plans to stop making digital cameras, pocket video cameras and digital picture frames in the first half of 2012 in a bid to cut costs. | Full Article
Oracle to buy Taleo for $1.9 billion
February 09, 2012 08:24 AM ET
(Reuters) - Oracle Corp said it will buy recruitment software maker Taleo Corp for about $1.9 billion, as it expands its portfolio of cloud-based software. | Full Article
Thomson Reuters posts loss, $3 bln goodwill charge
February 09, 2012 09:18 AM ET
NEW YORK (Reuters) - Thomson Reuters Corp reported a fourth-quarter loss on Thursday after taking a $3 billion non-cash goodwill impairment charge to account for the decline in its financial services business. | Full Article
HEALTH NEWS
New plan to cut the fat of the military
EU wants more medical device controls after PIP scare
Obama birth-control rule stokes election-year fight
Insight: Komen charity under microscope for funding, science
Suit wants "morning-after pill" available to girls
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