Fwd: DAI: Wall Street slips on euro zone, spillover effect feared

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	05/20/2011
Good evening John LATEST NEWS Wall Street slips on euro zone, spillover effect feared NEW YORK (Reuters) - U.S. stocks fell on Friday on euro-zone debt worries that could spill over into next week's trading with a bearish note, while retailers lost ground after a weak profit outlook from Gap. | Full Article Tepco chief quits after $15 billion loss on nuclear crisis May 20, 2011 07:24 AM ET TOKYO (Reuters) - Tokyo Electric Power Co reported a $15 billion net loss on Friday to account for the disaster at its Fukushima nuclear plant, marking the biggest loss in Japan by a non-financial company and prompting the firm to warn its future was uncertain. | Full Article Fitch cuts Greek rating, warns over restructuring May 20, 2011 03:17 PM ET ATHENS (Reuters) - Fitch cut Greece's credit rating by three notches on Friday, pushing the country deeper into junk territory, and warned that any kind of debt restructuring would amount to default. | Full Article States cut money sent to cities, counties May 20, 2011 01:50 PM ET WASHINGTON (Reuters) - To balance their budgets, states are cutting funds they send to local governments, worrying many in the $2.9 trillion municipal bond market, from cities to rating agencies. | Full Article Valuation worries drive Glencore below issue price May 20, 2011 12:04 PM ET LONDON (Reuters) - Shares in commodities trading group Glencore fell below their issue price of 530 pence on Friday, the second day of conditional trading, as investors fretted over its valuation. | Full Article US TOP NEWS Israel's Netanyahu rejects Obama proposal on borders May 20, 2011 04:29 PM ET WASHINGTON (Reuters) - Israeli Prime Minister Benjamin Netanyahu on Friday bluntly rejected President Barack Obama's vision for the borders of a future Palestinian state, opening up one of the deepest divides in years between Washington and the Jewish state. | Full Article Ex-IMF chief Strauss-Kahn released from New York jail May 20, 2011 04:37 PM ET NEW YORK (Reuters) - Former IMF chief Dominique Strauss-Kahn was released from New York's Rikers Island jail shortly before 4 p.m. (2000 GMT) on Friday, a law enforcement official said. | Full Article Europe races to claim top job at IMF May 20, 2011 04:19 PM ET BRUSSELS/WASHINGTON (Reuters) - European leaders raced on Friday to nominate a successor for fallen IMF chief Dominique Strauss-Kahn before a G8 summit next week, with French Economy Minister Christine Lagarde in pole position. | Full Article Signs of division between IMF and Europe over bailouts May 20, 2011 02:02 PM ET DUBLIN/HAMBURG (Reuters) - The International Monetary Fund pressed Europe on Friday for stronger steps to tackle the region's debt crisis, saying countries needed access to more funding to stay afloat. | Full Article Saleh calls for early election as Yemenis protest May 20, 2011 03:29 PM ET SANAA (Reuters) - Yemeni President Ali Abdullah Saleh, who has agreed to sign a Gulf-brokered power transition, called on Friday for early elections to prevent bloodshed as three months of protests raged on in the fractious country. | Full Article HEALTH NEWS GSK and HGS lupus drug wins green light in Europe Fate of last smallpox virus stocks divides WHO Paralyzed man stands, steps after spine treatment McDonald's stockholders reject obesity proposal New Texas law mandates sonograms before abortion RELATED VIDEO Fall into The Gap, again Harrods sells superyachts Mitsui deal cuts BP oil spill burden 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 Texas legislature acts to make state safe for "noodling" Full Article "Zombie Apocalypse" campaign crashes website Man linked to murder by tattoo sentenced to prison Predictor of May 21 doomsday to watch it on TV In a first, Venezuela suspends driver's license Police comb city for mullet-wearing bandit - 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