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Sunday, July 3, 2011 12:03 AM PDT

Today's Reuters News Headlines - Yahoo! News: Obama says ending tax breaks required to cut deficit Euro zone approves further $17.4 billion for Greece Japan officials draw up Tepco breakup plan: report Minnesotans frustrated, angry over state government shutdown More questions raised about Strauss-Kahn accuser Clinton slams Gaddafi threat to attack Europe Britain to pull 800 troops from Afghanistan: report Los Alamos lab prepares to reopen as fire threat eases Puerto Rico's police chief resigns as crime soars Edgy Thailand votes in crucial test of stability Small plane strays into Camp David airspace while Obama there Los Alamos lab prepares to reopen as fire threat eases Clinton slams Gaddafi threat to attack Europe More questions raised about Strauss-Kahn accuser Euro zone approves further $17.4 billion for Greece Edgy Thailand votes, bracing for further turmoil KKR, Silver Lake to buy Go Daddy for $2.25 billion: sources Shriver files for divorce from Schwarzenegger Zynga files for IPO, surfs Facebook wave Analysis: Geithner may want to go; will Obama let him? Facebook set for $1 billion in social-gaming revenue Rockets push back rebels south of Libyan capital June auto sales weak for 2nd month in row Manufacturing rises but consumers remain wary Mixed feelings on DSK in home of 'caviar left' Strauss-Kahn released from house arrest Minnesota government shutdown begins after talks fail Shriver files for divorce from Schwarzenegger: documents Apple/RIM group top Google in $4.5 billion Nortel sale Big Lehman creditor group backs bankruptcy plan Prosecutors detail flaws in Strauss-Kahn accuser's account Investors revel as housing looks for bottom Geithner mulls departing Treasury post: sources Venezuela gov't, army insist Chavez still in charge Nine killed as Syrian protesters tell Assad to go Syria running out of time to reform, Clinton says GM announces two recalls affecting 10,000 trucks Protestors doubt Bahrain dialogue will end crisis Better laws needed to counter cyber attacks: U.S. Fed's Bullard: QE effective proxy for rate cuts Obama says ending tax breaks required to cut deficit Sat,2 Jul 2011 10:33 AM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama pressed his case on Saturday for achieving deficit reduction, in part by ending tax breaks and singling out hedge fund managers, oil companies and billionaires to take the hit. Full Story1 Top Euro zone approves further $17.4 billion for Greece Sat,2 Jul 2011 06:18 PM PDT Reuters - BRUSSELS (Reuters) - Euro zone finance ministers agreed on Saturday to disburse a further 12 billion euros ($17.4 billion) to Greece and said the details of a second aid package for Athens would be finalised by mid-September. Full Story1 Top Japan officials draw up Tepco breakup plan: report Sat,2 Jul 2011 08:30 PM PDT Reuters - TOKYO (Reuters) - A group of Japanese government heavyweights have written a secret proposal to break up Tokyo Electric Power Co and nationalise its nuclear operations, a newspaper said on Sunday. Full Story1 Top Minnesotans frustrated, angry over state government shutdown Sat,2 Jul 2011 12:19 PM PDT Reuters - (Warning: Use of strong language in paragraph 3) Full Story1 Top More questions raised about Strauss-Kahn accuser Sat,2 Jul 2011 10:55 PM PDT Reuters - NEW YORK (Reuters) - Scrutiny of the accuser in the sexual assault case against former IMF chief Dominique Strauss-Kahn intensified on Saturday after more revelations about her conduct following the purported May 14 attack. Full Story1 Top Clinton slams Gaddafi threat to attack Europe Sat,2 Jul 2011 06:20 PM PDT Reuters - MADRID/TRIPOLI, July 2 (Reuters) - Secretary of State Hillary Clinton stepped up Western calls on Libyan leader Muammar Gaddafi to quit, brushing off his threat to attack Europeans in their homes and offices. Full Story1 Top Britain to pull 800 troops from Afghanistan: report Sat,2 Jul 2011 03:41 PM PDT Reuters - LONDON (Reuters) - Britain will announce this week that it is to withdraw up to 800 troops by the end of next year, according to a report in the Sunday Times newspaper. Full Story1 Top Los Alamos lab prepares to reopen as fire threat eases Sat,2 Jul 2011 08:27 PM PDT Reuters - SANTA FE, N.M (Reuters) - The Los Alamos nuclear weapons laboratory has ended a state of emergency and was taking small steps on Saturday toward reopening as the threat from a record New Mexico wildfire subsided. Full Story1 Top Puerto Rico's police chief resigns as crime soars Sat,2 Jul 2011 02:07 PM PDT Reuters - SAN JUAN (Reuters) - Puerto Rico's top police official resigned Saturday as the U.S. Caribbean territory battles a crime wave with killings on pace to set a record this year. Full Story1 Top Edgy Thailand votes in crucial test of stability Sat,2 Jul 2011 11:07 PM PDT Reuters - BANGKOK (Reuters) - Thailand voted on Sunday in an election that will test whether one of Asia's most promising nations can end a six-year crisis marked by bloody protests, military crackdowns and growing tension between rich and poor. Full Story1 Top Small plane strays into Camp David airspace while Obama there Sat,2 Jul 2011 03:24 PM PDT Reuters - WASHINGTON (Reuters) - A small plane wandered into the airspace around Camp David, Maryland, on Saturday while President Barack Obama was there, prompting an F-15 fighter jet to scramble to intercept it, authorities said. Full Story1 Top Los Alamos lab prepares to reopen as fire threat eases Sat,2 Jul 2011 02:42 PM PDT Reuters - SANTA FE, N.M (Reuters) - The Los Alamos nuclear weapons laboratory has ended a state of emergency and was taking small steps on Saturday toward reopening as the threat from a record New Mexico wildfire subsided. Full Story1 Top Clinton slams Gaddafi threat to attack Europe Sat,2 Jul 2011 04:08 PM PDT Reuters - MADRID/TRIPOLI, July 2 (Reuters) - Secretary of State Hillary Clinton stepped up Western calls on Libyan leader Muammar Gaddafi to quit, brushing off his threat to attack Europeans in their homes and offices. Full Story1 Top More questions raised about Strauss-Kahn accuser Sat,2 Jul 2011 01:17 PM PDT Reuters - NEW YORK (Reuters) - Scrutiny of the accuser in the sexual assault case against former IMF chief Dominique Strauss-Kahn intensified on Saturday after more revelations about her conduct following the purported May 14 attack. Full Story1 Top Euro zone approves further $17.4 billion for Greece Sat,2 Jul 2011 03:17 PM PDT Reuters - BRUSSELS (Reuters) - Euro zone finance ministers agreed on Saturday to disburse a further 12 billion euros ($17.4 billion) to Greece and said the details of a second aid package for Athens would now be finalised by mid-September. Full Story1 Top Edgy Thailand votes, bracing for further turmoil Sat,2 Jul 2011 03:15 PM PDT Reuters - BANGKOK (Reuters) - Thailand votes on Sunday in a general election that could trigger a new crisis after six years of turmoil centred on a man revered by the poor and living in luxury, and exile, in the Middle East. Full Story1 Top KKR, Silver Lake to buy Go Daddy for $2.25 billion: sources Fri,1 Jul 2011 07:51 PM PDT Reuters - NEW YORK (Reuters) - Web hosting company The Go Daddy Group Inc agreed to be bought by a private equity consortium led by KKR and Silver Lake for $2.25 billion, including debt, people close to the situation said on Friday. Full Story1 Top Shriver files for divorce from Schwarzenegger Fri,1 Jul 2011 06:00 PM PDT Reuters - LOS ANGELES (Reuters) - Former California first lady Maria Shriver filed for divorce on Friday from her estranged husband, Arnold Schwarzenegger, the ex-governor and film star who has admitted fathering a child out of wedlock more than a decade ago. Full Story1 Top Zynga files for IPO, surfs Facebook wave Fri,1 Jul 2011 02:04 PM PDT Reuters - NEW YORK (Reuters) - Zynga Inc, developer of popular Facebook games such as FarmVille and Mafia Wars, could be the best proxy for investing in Facebook until the world's largest social network goes public itself. Full Story1 Top Analysis: Geithner may want to go; will Obama let him? Fri,1 Jul 2011 02:58 PM PDT Reuters - WASHINGTON (Reuters) - Timothy Geithner may be musing about stepping down as Treasury secretary but President Barack Obama has ample reason to try to talk him out of it, not least that doing so would avoid a bruising succession battle. Full Story1 Top Facebook set for $1 billion in social-gaming revenue Fri,1 Jul 2011 01:35 PM PDT Reuters - SAN FRANCISCO (Reuters) - Facebook Inc is on course to generate $1 billion in revenue this year from social gaming, according to Kevin Ryan, a leading Internet entrepreneur and former chief executive of online advertising giant DoubleClick. Full Story1 Top Rockets push back rebels south of Libyan capital Fri,1 Jul 2011 04:37 PM PDT Reuters - BIR-AYYAD, Libya (Reuters) - Libyan rebels who had advanced to within 80 km (50 miles) of Muammar Gaddafi's stronghold in the capital were forced to retreat on Friday after coming under a barrage of rocket fire from government forces. Full Story1 Top June auto sales weak for 2nd month in row Fri,1 Jul 2011 02:14 PM PDT Reuters - DETROIT (Reuters) - The auto industry sputtered to its second consecutive month of weaker-than-expected U.S. sales in June, marked by disappointing results from General Motors Co, Ford Motor Co and the big Japanese automakers, as the weak economy and tight supply of cars left buyers wary. Full Story1 Top Manufacturing rises but consumers remain wary Fri,1 Jul 2011 11:10 AM PDT Reuters - NEW YORK (Reuters) - The pace of growth in U.S. manufacturing picked up for the first time in four months in June, surprising investors and fueling optimism the recent economic slowdown will be temporary. Full Story1 Top Mixed feelings on DSK in home of 'caviar left' Fri,1 Jul 2011 10:52 AM PDT Reuters - SAINT-REMY-DE-PROVENCE, France (Reuters) - In the heart of France's "caviar left," there were mixed feelings on Friday about news that U.S. sexual assault charges against former Socialist presidential frontrunner Dominique Strauss-Kahn may collapse. Full Story1 Top Strauss-Kahn released from house arrest Fri,1 Jul 2011 03:55 PM PDT Reuters - NEW YORK (Reuters) - Former IMF chief Dominique Strauss-Kahn was released from house arrest on Friday after prosecutors said the hotel maid who accuses him of attempted rape lied to a grand jury and made other false statements. Full Story1 Top Minnesota government shutdown begins after talks fail Fri,1 Jul 2011 04:56 PM PDT Reuters - MINNEAPOLIS (Reuters) - Minnesota's state government began a broad shutdown on Friday going into the July 4 holiday weekend after the Democratic governor and Republican legislative leaders failed to agree on a budget. Full Story1 Top Shriver files for divorce from Schwarzenegger: documents Fri,1 Jul 2011 04:25 PM PDT Reuters - LOS ANGELES (Reuters) - Former California first lady and TV journalist Maria Shriver filed for divorce on Friday from her estranged husband, Arnold Schwarzenegger, the ex-governor and film star who has admitted fathering a child out of wedlock more than a decade ago. Full Story1 Top Apple/RIM group top Google in $4.5 billion Nortel sale Fri,1 Jul 2011 03:23 PM PDT Reuters - TORONTO/NEW YORK (Reuters) - Apple, Microsoft, RIM and three other companies joined forces to outbid Google at an auction for Nortel wireless patents, a move that could result in big licensing fees for Google. Full Story1 Top Big Lehman creditor group backs bankruptcy plan Fri,1 Jul 2011 12:06 PM PDT Reuters - NEW YORK/BANGALORE (Reuters) - Lehman Brothers Holdings Inc said creditors holding more than $100 billion of claims now support its reorganization plan, moving the company closer to emerging from the largest-ever U.S. bankruptcy. Full Story1 Top Prosecutors detail flaws in Strauss-Kahn accuser's account Fri,1 Jul 2011 09:55 AM PDT Reuters - NEW YORK (Reuters) - The woman who accused former IMF chief Dominique Strauss-Kahn of sexual assault admitted she lied to a grand jury about what happened after the purported attack, prosecutors told Strauss-Kahn's lawyers in a letter. Full Story1 Top Investors revel as housing looks for bottom Fri,1 Jul 2011 09:38 AM PDT Reuters - NEW YORK (Reuters) - Tony Alvarez recalls his doubts as he contemplated the wrecked, two-bedroom foreclosed house up for sale 30 years ago with his real estate agent's reassuring hand on his shoulder. Full Story1 Top Geithner mulls departing Treasury post: sources Thu,30 Jun 2011 06:11 PM PDT Reuters - WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner is considering stepping down later this year, but will not make a decision until contentious negotiations over the U.S. debt ceiling are completed, people familiar with his thinking said on Thursday. Full Story1 Top Venezuela gov't, army insist Chavez still in charge Fri,1 Jul 2011 03:34 PM PDT Reuters - CARACAS (Reuters) - Military and civilian allies of Venezuela's convalescent President Hugo Chavez insisted on Friday he was still running the OPEC oil-producing nation despite his prolonged absence in Cuba for the removal of a cancerous tumor. Full Story1 Top Nine killed as Syrian protesters tell Assad to go Fri,1 Jul 2011 10:06 AM PDT Reuters - AMMAN (Reuters) - Syrian forces shot dead nine protesters on Friday as tens of thousands of people called on President Bashar to step down in some of the biggest demonstrations since Syria's uprising began in March. Full Story1 Top Syria running out of time to reform, Clinton says Fri,1 Jul 2011 05:24 AM PDT Reuters - VILNIUS (Reuters) - Syria is running out of time to reform and will face more organized resistance if it does not, Secretary of State Hillary Clinton said on Friday. Full Story1 Top GM announces two recalls affecting 10,000 trucks Fri,1 Jul 2011 06:23 AM PDT Reuters - DETROIT (Reuters) - General Motors Co announced two separate recalls on Friday affecting a little more than 10,000 pickup trucks, predominantly in North America. Full Story1 Top Protestors doubt Bahrain dialogue will end crisis Fri,1 Jul 2011 06:59 AM PDT Reuters - MANAMA/DUBAI (Reuters) - Bahrain launches a national dialogue on Saturday but majority Shi'ites are skeptical the ruling Sunni monarchy is willing to offer the sort of concessions that could heal wounds caused by a crackdown on pro-democracy protests. Full Story1 Top Better laws needed to counter cyber attacks: U.S. Fri,1 Jul 2011 08:57 AM PDT Reuters - VIENNA (Reuters) - Cyber criminals are outwitting national and international legal systems that fail to embrace technological advances, a top U.S. official said on Friday, demanding a cross-border campaign to combat the security threat. Full Story1 Top Fed's Bullard: QE effective proxy for rate cuts Thu,30 Jun 2011 06:04 PM PDT Reuters - ST. LOUIS (Reuters) - A top Federal Reserve official said on Thursday large-scale bond buying can be an effective monetary policy substitute when the central bank runs out of room to cut interest rates. Full Story1 Top

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