Fwd: DAI: Wall Street plunges in worst selloff in two years

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	08/4/2011
Good evening John LATEST NEWS Wall Street plunges in worst selloff in two years NEW YORK (Reuters) - Investors fled Wall Street in the worst stock-market selloff since the depths of the Great Recession in early 2009 in what has turned into a full-fledged correction. | Full Article BNY Mellon imposes fee on rapidly growing deposits August 04, 2011 03:34 PM ET NEW YORK (Reuters) - Bank of New York Mellon Corp said it is being overwhelmed with deposits from investors fleeing risky markets, and said it will begin charging for above-average deposits. | Full Article Jobs, retail sales data support recovery hopes August 04, 2011 11:27 AM ET WASHINGTON (Reuters) - The number of Americans claiming new unemployment benefits was steady last week and heavy discounting lifted sales at retailers in July, hopeful signs for the sputtering economy. | Full Article Kraft's Rosenfeld breaking up food giant she built August 04, 2011 02:46 PM ET NEW YORK (Reuters) - Kraft Foods Inc Chief Executive Irene Rosenfeld plans to break up the food giant, just 18 months after driving through the controversial acquisition of UK chocolate maker Cadbury. | Full Article GM profit nearly doubles, slowdown risk ahead August 04, 2011 12:54 PM ET DETROIT (Reuters) - General Motors Co's quarterly profit shot past Wall Street expectations, but its share price slipped as investors focused on the risks of a sputtering economy and resurgent Japanese rivals. | Full Article US TOP NEWS Bipartisan deal reached to end FAA impasse August 04, 2011 04:00 PM ET WASHINGTON (Reuters) - Congressional leaders reached a bipartisan compromise on Thursday to temporarily settle a funding dispute and allow thousands of workers at the Federal Aviation Administration to return to their jobs. | Full Article Dozens die, thousands flee Syrian tank assault in Hama August 04, 2011 04:11 PM ET AMMAN, Aug 4 Reuters) - Syrian troops killed at least 45 civilians in a tank assault to occupy the center of the besieged city of Hama, an activist said on Thursday, seeking to crush an uprising against President Bashar al-Assad's rule. | Full Article Special report: How Washington took the U.S. to the brink August 04, 2011 11:01 AM ET WASHINGTON (Reuters) - The world's largest economy was headed toward an unprecedented default, and all Washington wanted to talk about was the manner in which the president had left a room. | Full Article Euro zone policymakers fail to extinguish market fire August 04, 2011 01:14 PM ET FRANKFURT (Reuters) - European policymakers tried to turn a more powerful fire hose on the euro zone debt crisis on Thursday but financial markets were unimpressed with their response. | Full Article Analysis: Shaky economy has companies wary of spending August 04, 2011 12:14 PM ET BOSTON/NEW YORK (Reuters) - Weakening demand in the United States and Europe has spooked some in corporate America, prompting big companies to throttle back their spending just as U.S. government looks for ways to cut its own outlays. | Full Article HEALTH NEWS Eating healthy food costs more money in U.S. New tick-borne bacterium found in upper Midwest Medtronic hires Yale experts for spine drug review After prostate surgery, some men leak during sex Pfizer interested in over-the-counter Lipitor: report RELATED VIDEO CFTC's Gensler: Whistle-blower rules take balanced approach U.S. stocks tumble UK music spending down, exports up 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 Swede tried to build nuclear reactor in his kitchen Full Article Greyfriars Bobby was a scam to lure tourists New saggy jeans designed to improve mobility Stop wearing bunny suit, police tell Idaho man Bears saved from forced vodka drinking Bra chain record comes apart at the seams - 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