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Tuesday, July 26, 2011 12:01 AM PDT

Today's Reuters News Headlines - Yahoo! News: Lawmakers deadlocked over debt deal as default looms Norway mass killer jeered on way to court hearing CME acts to curb volatile Treasury futures Back to business for NFL as labor dispute settled Saudi billionaire backs News Corp structure: report Greek debt swap process to start in August: deputy finmin U.S. trucking funds end up in Taliban hands Credit Suisse may cut up to 2,000 jobs: report Chrysler set to outpace Fiat, merger seen closer Exclusive: Fed president hints at broad money-market fix Moody's warns Greek default almost certain Strauss-Kahn's accuser: Schemer or immigrant survivor? Chrysler and union aim for deal without arbitration Airlines raise fares as taxes lapse Amid dueling debt plans, Obama to address nation Private funeral to be held for Winehouse on Tuesday RIM adjusts to new reality by slashing 2,000 jobs Terminal at NYC airport re-opened after evacuation Analysis: Trichet loses face but leaves ECB a winner Analysis: U.S and South Korea stand firm against Pyongyang Hotel maid in Strauss-Kahn case speaks out Companies churn out profits but not jobs No permanent U.S. bases in Afghanistan: U.S. ambassador Analysis: Brutal attack tests Norwegian society New York hopes for economic boost from gay marriage Congress "nutters" risk global finance: UK minister China sacks 3 senior officials after train crash U.S. airlines fight prospect of higher security fees Amy Winehouse family pleads for "privacy and space" New York state celebrates first same-sex marriages Norway mourns victims of anti-Islam "Crusader" Officials scramble for debt deal, markets on edge Analysis: Companies churn out profits but jobs don't follow Credit Suisse unlikely to get help over U.S. tax probe BSkyB chair James Murdoch backed by investor Odey Norway rescuer shot at making life or death choice Iran blamed U.S., Israel for killing of scientist Norway police haven't sought attack probes abroad Car bomb in Yemen's Aden kills 9 soldiers, injures 21 Britain's "Rehab" singer Amy Winehouse dies aged 27 Lawmakers deadlocked over debt deal as default looms Mon,25 Jul 2011 10:00 PM PDT Reuters - WASHINGTON (Reuters) - The United States edged closer on Tuesday to a devastating default as Republicans and Democrats deadlocked over competing plans to raise the debt ceiling, one week before a deadline to act. Full Story Top Norway mass killer jeered on way to court hearing Mon,25 Jul 2011 06:34 AM PDT Reuters - OSLO (Reuters) - Anders Behring Breivik, who killed at least 93 people in a bomb attack and shooting rampage in Norway, arrived at an Oslo courtroom for a closed custody hearing on Monday to jeers from an angry crowd. Full Story Top CME acts to curb volatile Treasury futures Mon,25 Jul 2011 07:22 PM PDT Reuters - NEW YORK (Reuters) - The CME Group has made it more expensive to trade Treasury futures in an effort to curb market swings created by growing fears of a government default. Full Story Top Back to business for NFL as labor dispute settled Mon,25 Jul 2011 02:18 PM PDT Reuters - NEW YORK (Reuters) - The National Football League (NFL) and its players ended their months-long row over how to carve up their financial empire Monday by agreeing to a multi-billion dollar, 10-year deal. Full Story Top Saudi billionaire backs News Corp structure: report Mon,25 Jul 2011 04:17 PM PDT Reuters - LONDON (Reuters) - News Corp's major shareholder Prince Alwaleed bin Tala has rebuffed calls to change the company's dual-class structure or leadership, the Financial Times reported in its Tuesday edition. Full Story Top Greek debt swap process to start in August: deputy finmin Mon,25 Jul 2011 11:39 PM PDT Reuters - ATHENS (Reuters) - Procedures for a voluntary swap of privately-held Greek government bonds for longer maturity paper will start in August, Greece's deputy finance minister said on Tuesday. Full Story Top U.S. trucking funds end up in Taliban hands Mon,25 Jul 2011 03:35 PM PDT Reuters - WASHINGTON (Reuters) - Cash from part of a $2.16 billion U.S. transportation contract in Afghanistan has ended up in the hands of Taliban insurgents, the Pentagon said on Monday. Full Story Top Credit Suisse may cut up to 2,000 jobs: report Mon,25 Jul 2011 11:33 PM PDT Reuters - ZURICH (Reuters) - Credit Suisse will likely announce cost savings measures including a cut of 1,500-2,000 jobs, a Swiss paper reported on Tuesday, without naming any sources. Full Story Top Chrysler set to outpace Fiat, merger seen closer Mon,25 Jul 2011 10:16 PM PDT Reuters - MILAN (Reuters) - Strong U.S. sales for Chrysler and growth in Brazil will help offset a weak European market for Fiat SpA, combined financial results are set to show on Tuesday as the two car makers move closer toward a full merger. Full Story Top Exclusive: Fed president hints at broad money-market fix Mon,25 Jul 2011 05:01 PM PDT Reuters - BOSTON (Reuters) - A senior Federal Reserve official is prescribing sweeping medicine to stabilize the $2.5 trillion money market mutual fund industry, which would be rattled by potential downgrades of the government securities that are among its key holdings. Full Story Top Moody's warns Greek default almost certain Mon,25 Jul 2011 10:31 AM PDT Reuters - ATHENS (Reuters) - Moody's cut Greece's credit rating further into junk territory on Monday and said it was almost certain to slap a default tag on its debt as a result of a new EU rescue package. Full Story Top Strauss-Kahn's accuser: Schemer or immigrant survivor? Mon,25 Jul 2011 12:01 PM PDT Reuters - NEW YORK (Reuters) - First she was portrayed as a model of virtue who was violated by a rich and powerful man. Full Story Top Chrysler and union aim for deal without arbitration Mon,25 Jul 2011 12:12 PM PDT Reuters - AUBURN HILLS, Michigan (Reuters) - Chrysler Group LLC and the United Auto Workers union expect to reach a deal on a new labor contract without resorting to arbitration, officials for the company and union said on Monday. Full Story Top Airlines raise fares as taxes lapse Mon,25 Jul 2011 01:29 PM PDT Reuters - ATLANTA (Reuters) - Many U.S. airlines have raised fares in recent days to take advantage of a lapse in U.S. ticket tax collection after Congress failed last week to fully fund the Federal Aviation Administration budget, but passengers are not likely to notice any price difference. Full Story Top Amid dueling debt plans, Obama to address nation Mon,25 Jul 2011 03:54 PM PDT Reuters - WASHINGTON (Reuters) - Top U.S. lawmakers dueled with diverging debt plans on Monday that offered little compromise and raised the threat of a ratings downgrade and national default as President Barack Obama prepared to address Americans on the impasse. Full Story Top Private funeral to be held for Winehouse on Tuesday Mon,25 Jul 2011 02:50 PM PDT Reuters - LONDON (Reuters) - Amy Winehouse's funeral will take place on Tuesday and will be attended only by her family and close friends, her spokesman said on Monday. Full Story Top RIM adjusts to new reality by slashing 2,000 jobs Mon,25 Jul 2011 09:05 AM PDT Reuters - TORONTO (Reuters) - BlackBerry maker Research In Motion plans to cut about 11 percent of its workforce as it struggles to keep pace with Apple and Google in the mobile market it once dominated. Full Story Top Terminal at NYC airport re-opened after evacuation Mon,25 Jul 2011 06:56 AM PDT Reuters - NEW YORK (Reuters) - A busy terminal in New York's John F. Kennedy International Airport was reopened on Monday after a partial evacuation prompted by an unattended bag was found, according to a spokesman for American Airlines. Full Story Top Analysis: Trichet loses face but leaves ECB a winner Mon,25 Jul 2011 07:24 AM PDT Reuters - FRANKFURT (Reuters) - On the face of it he buckled. Full Story Top Analysis: U.S and South Korea stand firm against Pyongyang Mon,25 Jul 2011 05:19 AM PDT Reuters - SEOUL (Reuters) - A rare visit by one of North Korea's top diplomats to the United States this week has renewed hopes for stalled nuclear talks, but Seoul and Washington's terms have not changed: Pyongyang has to show it is sincere about scrapping its atomic bomb. Full Story Top Hotel maid in Strauss-Kahn case speaks out Sun,24 Jul 2011 04:44 PM PDT Reuters - NEW YORK (Reuters) - The New York hotel maid who accused former IMF chief Dominique Strauss-Kahn of attempting to rape her said in an interview published on Newsweek's website on Sunday that he appeared as a "crazy man" and attacked her when she entered his room. Full Story Top Companies churn out profits but not jobs Sun,24 Jul 2011 05:06 PM PDT Reuters - NEW YORK (Reuters) - The sluggish pace of hiring may be hobbling the U.S. economy, but it's not been holding back big U.S. companies' profits thanks to growth overseas and cost controls at home. And that's bad news for the more than 14 million Americans without jobs. Full Story Top No permanent U.S. bases in Afghanistan: U.S. ambassador Mon,25 Jul 2011 01:01 AM PDT Reuters - KABUL (Reuters) - The United States has no interest in creating permanent military bases in Afghanistan and does not want to use the country as a platform to influence neighboring countries, the new U.S. ambassador to Afghanistan said Monday. Full Story Top Analysis: Brutal attack tests Norwegian society Sun,24 Jul 2011 11:56 AM PDT Reuters - OSLO (Reuters) - Before Friday's deadly attacks by a Norwegian on a self-styled mission to save European "Christendom" from Islam, it was not uncommon to see Prime Minister Jens Stoltenberg taking public transport to work and senior ministers walking in Oslo without bodyguards. Full Story Top New York hopes for economic boost from gay marriage Mon,25 Jul 2011 03:00 PM PDT Reuters - NEW YORK (Reuters) - New York City businesses hope the Big Apple will become the destination of choice for same-sex marriages, with hotels, wedding planners and caterers vying for a slice of the potentially lucrative trade. Full Story Top Congress "nutters" risk global finance: UK minister Sun,24 Jul 2011 05:05 AM PDT Reuters - LONDON (Reuters) - Right-wing "nutters" in the United States Congress holding up a deal to prevent a catastrophic debt default are a greater risk to the global financial system than problems in the euro zone, a British minister said Sunday. Full Story Top China sacks 3 senior officials after train crash Sun,24 Jul 2011 10:19 AM PDT Reuters - WENZHOU, China (Reuters) - China sacked three senior railway officials Sunday after a collision between two high-speed trains killed at least 35 people and raised new questions about the safety of the fast-growing rail network. Full Story Top U.S. airlines fight prospect of higher security fees Sun,24 Jul 2011 10:41 AM PDT Reuters - WASHINGTON (Reuters) - U.S. airlines are fighting the prospect of sharply higher passenger security fees that could be part of any deficit-reduction plan. Full Story Top Amy Winehouse family pleads for "privacy and space" Sun,24 Jul 2011 01:14 PM PDT Reuters - LONDON (Reuters) - The family of Amy Winehouse sought "privacy" from the public eye on Sunday, one day after the young, beehive-haired soul singer's untimely death, which sent fans rushing to download her songs in remembrance. Full Story Top New York state celebrates first same-sex marriages Sun,24 Jul 2011 12:49 PM PDT Reuters - NEW YORK/NIAGARA FALLS, New York (Reuters) - Wedding fever hit New York on Sunday, as hundreds of gay and lesbian couples lined up to be married on the first day that same-sex marriage was legal in the state. Full Story Top Norway mourns victims of anti-Islam "Crusader" Sun,24 Jul 2011 11:47 AM PDT Reuters - SUNDVOLLEN, Norway (Reuters) - Norway mourned on Sunday 93 people killed in a shooting spree and car bombing by a Norwegian who saw his attacks as "atrocious, but necessary" to defeat liberal immigration policies and the spread of Islam. Full Story Top Officials scramble for debt deal, markets on edge Sun,24 Jul 2011 03:47 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama and congressional leaders struggled on Sunday to break a partisan deadlock on a budget deal to avoid a U.S. debt default and reassure global markets, with no sign of a deal emerging. Full Story Top Analysis: Companies churn out profits but jobs don't follow Sun,24 Jul 2011 02:00 PM PDT Reuters - NEW YORK (Reuters) - The sluggish pace of hiring may be hobbling the economy, but it's not been holding back big U.S. companies' profits thanks to growth overseas and cost controls at home. And that's bad news for the more than 14 million Americans without jobs. Full Story Top Credit Suisse unlikely to get help over U.S. tax probe Sun,24 Jul 2011 05:35 AM PDT Reuters - ZURICH (Reuters) - Switzerland's parliament would not vote for a second tax treaty to help settle U.S. charges that Credit Suisse bankers helped wealthy Americans evade taxes, Swiss politicians were quoted as saying on Sunday. Full Story Top BSkyB chair James Murdoch backed by investor Odey Sat,23 Jul 2011 10:32 PM PDT Reuters - LONDON (Reuters) - A leading investor in BSkyB said he backs James Murdoch staying as chairman of the pay-TV firm despite politicians questioning his suitability, the Telegraph newspaper web site reported on Saturday. Full Story Top Norway rescuer shot at making life or death choice Sun,24 Jul 2011 10:18 AM PDT Reuters - UTVIKA, Norway (Reuters) - Otto Loevik had to decide who to pick up on his boat and who to leave behind as he came under fire trying to rescue teenagers fleeing a massacre in which 86 were killed by a far-right Norwegian gunman. Full Story Top Iran blamed U.S., Israel for killing of scientist Sun,24 Jul 2011 04:45 AM PDT Reuters - TEHRAN (Reuters) - A senior Iranian official on Sunday blamed the United States and Israel for the killing of an Iranian scientist, who the deputy interior minister said was not linked to Iran's nuclear program as reported by media. Full Story Top Norway police haven't sought attack probes abroad Sun,24 Jul 2011 10:11 AM PDT Reuters - OSLO (Reuters) - Norwegian police have not requested any separate investigations in foreign countries after attacks in Norway that killed at least 93 people, a spokesman told Reuters. Full Story Top Car bomb in Yemen's Aden kills 9 soldiers, injures 21 Sun,24 Jul 2011 04:38 AM PDT Reuters - ADEN/SANAA (Reuters) - A suicide bomber drove a booby-trapped car into an army checkpoint outside Yemen's southern port city of Aden on Sunday, killing at least nine soldiers and wounding 21 others, officials and medical sources said. Full Story Top Britain's "Rehab" singer Amy Winehouse dies aged 27 Sat,23 Jul 2011 02:43 PM PDT Reuters - LONDON (Reuters) - Amy Winehouse, one of the most talented singers of her generation whose hit song "Rehab" summed up her struggles with addiction, died in London on Saturday at the age of 27. Full Story Top

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