U.S. Top News Early Edition: Obama to propose corporate tax rate of 28 percent

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	02/22/2012
Good Morning LATEST NEWS Obama to propose corporate tax rate of 28 percent WASHINGTON (Reuters) - The Obama administration on Wednesday will propose cutting the top tax rate for corporations to 28 percent, and pay for it by eliminating dozens of tax loopholes companies now use to lower their rates, a senior administration official said. | Full Article U.S., French journalists killed in Syria February 22, 2012 08:27 AM ET AMMAN/BEIRUT (Reuters) - American correspondent Marie Colvin and French photographer Remi Ochlik were killed in the besieged Syrian city of Homs on Wednesday when rockets fired by government forces hit the house they were staying in, opposition activists and witnesses said. | Full Article Fitch downgrades Greece on debt swap plan February 22, 2012 09:05 AM ET ATHENS (Reuters) - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden. | Full Article Assad seeks to bomb Homs into submission, alarms world February 22, 2012 08:31 AM ET AMMAN (Reuters) - Syrian President Bashar al-Assad's forces, trying to hammer the city of Homs into submission, on Wednesday killed 19 more people including two Western journalists in an onslaught that has caused an international outcry for intervention to end the bloodshed. | Full Article Four killed, many wounded in Afghan Koran protests - report February 22, 2012 09:37 AM ET KABUL (Reuters) - Four people were shot dead and dozens wounded in protests in Afghanistan which flared for a second day on Wednesday in several cities over the burning of copies of the Koran, Islam's holy book, at NATO's main base in the country, officials said. | Full Article BUSINESS NEWS US STOCKS-Wall St opens slightly lower February 22, 2012 09:36 AM ET NEW YORK (Reuters) - U.S. stocks opened slightly lower on Wednesday, putting the S&P 500's three-day winning streak in jeopardy after weaker-than-expected euro zone economic data. | Full Article Citi, UBS provide keys to interest rate-rigging probe: sources February 22, 2012 09:24 AM ET (Reuters) - Citigroup Inc and UBS AG , in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest rate, according to people familiar the situation. | Full Article Peugeot and GM discuss production deal: sources February 22, 2012 07:13 AM ET PARIS (Reuters) - General Motors and PSA Peugeot Citroen are discussing a broad manufacturing alliance designed to stem losses in Europe and lower production costs elsewhere, sources with knowledge of the matter said. | Full Article Euro zone teetering on brink of recession February 22, 2012 08:24 AM ET LONDON (Reuters) - The euro zone economy is in danger of tipping into recession, with the services sector shrinking this month along with manufacturing, tempering a wave of optimism after a new bailout deal for Greece struck this week. | Full Article Shell to buy Cove Energy for $1.6 billion February 22, 2012 08:49 AM ET LONDON (Reuters) - Royal Dutch Shell Plc has made an agreed 992.4 million pounds ($1.6 billion) bid for Mozambique-focused Cove Energy , offering a full price to open up a new gas frontier for the Anglo-Dutch oil major in East Africa. | Full Article HEALTH NEWS FDA acts to stem shortages of two cancer drugs Debate over conscience in the workplace intensifies Gender "non-conformity" tied to abuse: study Johnson & Johnson CEO Weldon to step down in April Obesity rates rise, threaten health in OECD nations RELATED VIDEO Five die in Atlanta spa shooting Western journalists killed in Homs shelling Jim Rogers: Greece deal is a sham 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 Bradley to hold fire after Twitter users left spitting mad Full Article I don't like football, says Australian club owner Qatar would host 2020 Summer Games in October - 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