Fwd: DAI: Wall Street falls on global debt worry

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	07/18/2011
Good evening John LATEST NEWS Wall Street falls on global debt worry NEW YORK (Reuters) - Stocks dropped on Monday as bank shares bore the brunt of investor frustration over governments' inability to solve debt crises in the United States and Europe. | Full Article IBM profit rises as revenue grows 12 percent July 18, 2011 04:19 PM ET BOSTON (Reuters) - International Business Machines Corp's quarterly profit rose 8 percent from a year earlier, buoyed by strong growth in sales of its computers and software. | Full Article No consensus as Europe limps toward Greece summit July 18, 2011 04:07 PM ET BRUSSELS/PARIS (Reuters) - European government officials and commercial bankers struggled to reconcile competing proposals for a second bailout of Greece Monday, just three days before a summit meeting called to prevent the crisis from spreading through the region. | Full Article Lockhart: Fed could keep rates low "much longer" July 18, 2011 03:28 PM ET WASHINGTON (Reuters) - The Federal Reserve faces a high bar for further monetary stimulus in the absence of deflation risks, but could maintain rock-bottom borrowing costs for a long time, a top central bank official said on Monday. | Full Article James Murdoch BSkyB role clouded July 18, 2011 02:55 PM ET LONDON/NEW YORK (Reuters) - James Murdoch's future as chairman of British Sky Broadcasting was thrown into doubt on Monday after minority investors called for a corporate governance health check of its board. | Full Article US TOP NEWS Washington crafts fall-back debt plan as clock ticks July 18, 2011 04:22 PM ET WASHINGTON (Reuters) - With time running short, the White House said on Monday it was pursuing a last-ditch plan with Congress to raise the U.S. debt ceiling and avert a default that could plunge global financial markets into chaos. | Full Article Cameron to fly home as corruption storm builds July 18, 2011 04:16 PM ET LONDON (Reuters) - David Cameron cut short a trip to Africa and will fly home on Tuesday to defend himself from a scandal that has battered Rupert Murdoch's media empire, forced British police chiefs to resign and raised doubts about the prime minister's judgment. | Full Article UK phone-hacking whistleblower found dead: reports July 18, 2011 04:38 PM ET LONDON (Reuters) - A former journalist who told the New York Times that phone hacking at Rupert Murdoch's now defunct News of the World was more extensive than the paper had acknowledged at the time, has been found dead, media reported on Monday. | Full Article Obama vows fight with pick for consumer agency chief July 18, 2011 03:47 PM ET WASHINGTON (Reuters) - President Barack Obama warned the financial industry Monday to stop fighting his administration's reforms to help consumers as he officially announced his pick to head a financial watchdog agency. | Full Article Summers urges aggressive euro zone crisis response July 18, 2011 03:36 AM ET WASHINGTON (Reuters) - Former White House aide Lawrence Summers on Sunday urged Europe to take a more aggressive response to the debt crisis sweeping the region and suggested patience with its approach was running thin. | Full Article HEALTH NEWS Autopsy guidelines revised for Alzheimer's Falls, eye tests may hint at early Alzheimer's Birth defects linked to coal smoke, pesticides: China study Hispanics still lagging in sun-safe behaviors Brain swelling may be common with Alzheimer's drugs RELATED VIDEO Harry Potter makes box office magic UK PM under pressure in scandal Banks put pressure on stocks 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 Women urged to strip to support Putin as president Full Article Band escapes as stage collapses Can Billy the Kid ever RIP? - 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