| LATEST NEWS | | Wall Street posts worst month in over a year | | NEW YORK (Reuters) - Stocks closed their worst month in more than a year on an up note, with sharp gains in the last several days still not enough to repair the damage from a U.S. credit downgrade and fears of a coming recession. | Full Article | | | U.S. moves to block AT&T, T-Mobile deal | | August 31, 2011 04:38 PM ET | | WASHINGTON/NEW YORK (Reuters) - The Obama administration sued to block AT&T Inc's $39 billion acquisition of wireless rival T-Mobile on concerns it would harm competition, launching its biggest challenge yet to a takeover and dealing the carrier a potentially costly blow. | Full Article | | Recession fears ease on factory, hiring data | | August 31, 2011 01:55 PM ET | | WASHINGTON (Reuters) - Factory activity in the U.S. Midwest slowed just a bit in August and private employers continued to hire despite extreme financial market turmoil, easing fears the economy would fall back into recession. | Full Article | | Motorola deal offers Google tax, patent benefits | | August 31, 2011 11:19 AM ET | | FAIRFIELD, Conn./CHAPEL HILL, North Carolina (Reuters) -- Google Inc's blockbuster acquisition of Motorola Mobility Holdings Inc will bring an unusual stable of tax and accounting benefits to the search-engine giant, already one of Corporate America's most savvy users of such perks. | Full Article | | New blow for BP in Russia as office raided | | August 31, 2011 02:01 PM ET | | MOSCOW (Reuters) - Black-clad special forces raided BP's Moscow offices on Wednesday, deepening the British company's problems in Russia after its attempts to salvage an oil exploration agreement in the Russian Arctic collapsed. | Full Article | |  | | US TOP NEWS | | Obama makes opening salvo on jobs with speech date | | August 31, 2011 03:09 PM ET | | WASHINGTON (Reuters) - President Barack Obama on Wednesday sought a high profile and politically provocative venue to unveil new economic proposals, asking to address Congress on the same night Republican presidential candidates hold a debate. | Full Article | | Waters recede but storm victims suffer in East | | August 31, 2011 04:06 PM ET | | PATERSON, N.J./BRATTLEBORO, Vermont (Reuters) - Floodwaters finally started to recede from areas of the northeast devastated by Hurricane Irene but many communities were still under water on Wednesday and relief workers battled cut-off roads and raging rivers to deliver emergency supplies. | Full Article | | Insight: Arctic has great riches, but greater challenges | | August 31, 2011 01:35 PM ET | | IQALUIT, Nunavut/BAKER LAKE, Nunavut (Reuters) - At the rim of the Arctic Circle in Canada, gold mining firm Agnico-Eagle is learning how tough it is to operate in a remote region with temptingly large, but frustratingly inaccessible, reserves of oil, gas and minerals. | Full Article | | Merkel backs euro fund boost, faces revolt risk | | August 31, 2011 03:22 PM ET | | BERLIN (Reuters) - German Chancellor Angela Merkel's cabinet approved new powers for the euro zone's bailout fund on Wednesday, but she faces an uphill battle to convince party skeptics to back efforts to contain the crisis. | 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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