Fwd: DAI: Wall Street surges 2 percent on Greek bank deal; trade thin

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	08/29/2011
Good evening John LATEST NEWS Wall Street surges 2 percent on Greek bank deal; trade thin NEW YORK (Reuters) - U.S. stocks soared more than 2 percent in a broad rally on Monday as a merger between two big Greek banks provided a rare bit of encouraging news out of debt-stricken Europe. | Full Article Consumer spending data allays recession worries August 29, 2011 01:47 PM ET WASHINGTON (Reuters) - Consumer spending rose at its fastest pace in five months in July, a further sign the economy is not falling back into recession, although manufacturing activity in Texas almost stalled this month. | Full Article Irene likely dented August U.S. auto, retail sales August 29, 2011 03:21 PM ET NEW YORK/DETROIT (Reuters) - Hurricane Irene hit the U.S. East Coast at the most inopportune time for many businesses, keeping millions of shoppers away from stores and auto dealerships during what should have been a busy weekend. | Full Article Bank of America to sell China bank stake for $8.3 billion August 29, 2011 02:37 PM ET CHARLOTTE, N.C./HONG KONG (Reuters) - Bank of America Corp is selling about half its stake in China Construction Bank for $8.3 billion, in its latest effort to shed assets and boost capital. | Full Article UAW chief says "upbeat" on auto talks August 29, 2011 03:00 PM ET DETROIT (Reuters) - United Auto Workers President Bob King said on Monday that he was "upbeat" about reaching a contract deal with U.S. automakers that would keep them competitive against Asian and European rivals. | Full Article US TOP NEWS Vermont, New Jersey flooded as Irene spares NYC August 29, 2011 04:28 PM ET NEW YORK (Reuters) - Vermont and New Jersey struggled with their worst flooding in decades on Monday, a day after Hurricane Irene slammed an already soaked region with torrential rain, threatening to cut off small towns and damaging hundreds of thousands of homes. | Full Article Exclusive: Finland wants Luxembourg agency to hold Greek assets August 29, 2011 12:18 PM ET BRUSSELS (Reuters) - Finland has proposed that Greek state assets be transferred to a Luxembourg-based holding company and held as security for new loans to Athens, according to an internal document obtained by Reuters. | Full Article Gaddafi family members flee to Algeria without him August 29, 2011 04:22 PM ET TRIPOLI (Reuters) - The wife of Muammar Gaddafi and other members of his family took refuge in Algeria on Monday but the whereabouts of the fugitive former strongman himself remained a mystery, a week after rebels drove him from power. | Full Article No sign that Gaddafi has left Libya: White House August 29, 2011 02:54 PM ET WASHINGTON (Reuters) - The U.S. government has seen no indication that Muammar Gaddafi has left Libya, the White House said on Monday. | Full Article Mexico arrests 5 linked to deadly casino attack August 29, 2011 02:17 PM ET MEXICO CITY (Reuters) - Mexico has arrested five suspected drug gang members in connection with the torching of a casino last week that killed at least 52 people, one of the worst attacks on civilians in the country in years. | Full Article HEALTH NEWS Is chocolate good for your heart? It depends Women may get unneeded osteoporosis screening Doctors join boxing debate as "vigorous" opponents Hip fracture risk rises after women stop hormones: research New Bristol, Pfizer clot drug saves lives in study RELATED VIDEO Mobius: Bernanke's silence on QE3 a "smart move" Greek banks merge with Qatar aid Irene could cost insurers up to $5 billion, says expert 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 Town mints own money to fight austerity Full Article Qantas apologizes for rugby fan photo Boy trapped in bus after driver forgets him Fish-catching trick may be spreading among dolphins - 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