Gloomy consumers cast dark cloud over economy | July 15, 2011 01:19 PM ET | WASHINGTON (Reuters) - U.S. consumer confidence hit a near 2-1/2 year low in early July and manufacturing output stalled in June, further frustrating expectations of a quick economic growth rebound in the second half of the year. | Full Article | Murdoch says sorry over hacking, Brooks quits | July 15, 2011 04:31 PM ET | LONDON (Reuters) - Rupert Murdoch said sorry on Friday to victims of criminal phone hacking by one of his tabloids after confidante Rebekah Brooks quit as head of the British newspaper arm of his News Corp media empire. | Full Article | S&P threatens downgrade of U.S. finance companies | July 15, 2011 04:34 PM ET | NEW YORK (Reuters) - Standard & Poor's on Friday raised the pressure on Washington debt negotiators, saying it could downgrade insurers, securities clearinghouses, mortgage agencies and a laundry list of other firms if there is not a deal soon to lift the debt ceiling and cut the deficit. | Full Article | Centerbridge vows to fight Lehman bankruptcy plan | July 15, 2011 03:58 PM ET | WILMINGTON, Delaware (Reuters) - The Centerbridge hedge fund does not think Lehman Brothers Holding Inc's plan to exit bankruptcy can be confirmed by a judge and it plans to mount a fight against it, according to court documents. | Full Article | | | US TOP NEWS | Dow Jones CEO, Murdoch lieutenant, Hinton quits | July 15, 2011 04:31 PM ET | NEW YORK (Reuters) - Les Hinton, the top executive of Rupert Murdoch's Dow Jones & Co, resigned after becoming one of the targets of criticism for the phone-hacking scandal that occurred when he oversaw News Corp's British newspapers, the company said. | Full Article | Obama, Republicans trade demands for debt plan | July 15, 2011 03:04 PM ET | WASHINGTON (Reuters) - President Barack Obama and Republicans traded demands for a serious deficit plan on Friday, as an acrimonious stalemate deepened in negotiations to avert a looming government default. | Full Article | Boehner says upcoming deficit legislation is solid | July 15, 2011 10:44 AM ET | WASHINGTON (Reuters) - House of Representatives Speaker John Boehner said on Friday that deficit reduction legislation due for a House vote next week is "a solid plan" for moving forward toward an increase in the U.S. debt limit. | Full Article | Crunch European bank tests fail to quell doubts | July 15, 2011 04:36 PM ET | LONDON/MADRID (Reuters) - Eight European banks have failed a test of their ability to withstand a long recession and will have to raise just 2.5 billion euros ($3.5 billion) of capital, significantly less than expected. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | 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 | | | |
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