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Friday, February 10, 2012

U.S. Top News Early Edition: Greeks strike against IMF/EU austerity before crucial vote

Reuters
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02/10/2012
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Greeks strike against IMF/EU austerity before crucial vote
ATHENS (Reuters) - Striking Greek workers denounced a new wave of austerity on Friday as a demand too far by the IMF and EU, but Finance Minister Evangelos Venizelos told the nation it had to decide within days whether to take the pain and stay in the euro or not. | Full Article
Bomb blasts bring death to Syria's Aleppo
February 10, 2012 08:08 AM ET
AMMAN/BEIRUT (Reuters) - Twin bomb blasts hit Syrian military and security buildings in the northern city of Aleppo on Friday, killing 25 people in the worst violence to hit the country's commercial hub in the 11-month uprising against President Bashar al-Assad. | Full Article
U.S. banks agree to $25 billion in homeowner help
February 10, 2012 09:30 AM ET
WASHINGTON (Reuters) - Five big U.S. banks accused of abusive mortgage practices have agreed to a $25 billion government settlement that may help roughly one million borrowers but is no magic bullet for the ailing housing market. | Full Article
Exclusive: Eyeing Yahoo deal, Alibaba may take HK unit private
February 10, 2012 06:18 AM ET
HONG KONG (Reuters) - Chinese e-commerce group Alibaba plans to take private its Hong Kong-listed unit, two sources familiar with the matter said, as part of a complex deal that would strengthen founder Jack Ma's control and give key stakeholder Yahoo cash and a direct stake in one of Alibaba's operating businesses. | Full Article
Obama to try to placate Catholics on contraceptives: sources
February 10, 2012 09:08 AM ET
(Reuters) - The White House will announce a move to accommodate religious organizations on its rule for health insurance coverage of contraceptives, sources familiar with the matter said on Friday. | Full Article
BUSINESS NEWS
Wall St to pull back as Greece talks stumble
February 10, 2012 09:37 AM ET
NEW YORK (Reuters) - Stocks were poised to drop at the open on Friday as the most recent flare-up in Greek negotiations for a financial bailout package put the S&P 500 on track to snap a three-day winning streak. | Full Article
December trade gap widens
February 10, 2012 09:21 AM ET
WASHINGTON (Reuters) - The U.S. trade deficit widened slightly more than expected in December, as stronger U.S. economic growth lifted imports to the highest level in three-and-a-half years. | Full Article
Exclusive: Brazil jets deal heats up as Boeing freezes bid
February 10, 2012 08:43 AM ET
SAO PAULO (Reuters) - Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive. | Full Article
China economy shows strain as policy shift eyed
February 10, 2012 07:43 AM ET
BEIJING (Reuters) - China betrayed signs of spluttering domestic demand on Friday as imports crumbling to their lowest in more than two years and weaker-than-forecast bank lending signaled to investors that policymakers would soon make a fresh bid to bolster growth. | Full Article
NYSE Euronext eyes new sectors for growth
February 10, 2012 07:02 AM ET
LONDON (Reuters) - NYSE Euronext signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the U.S. exchange looks to an independent future following the collapse of a takeover by Deutsche Boerse. | Full Article
HEALTH NEWS
Gauging hype during Heart Month: 5 tests you might not need
FDA issues plan to avoid heparin contamination
China probes "bouncing" boiled eggs
FDA sets draft rules for biotech drug copies
New mental health manual is "dangerous" say experts
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