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Saturday, July 2, 2011 12:01 AM PDT

Today's Reuters Business News Headlines - Yahoo! News: Strauss-Kahn released from house arrest KKR, Silver Lake to buy Go Daddy for $2.25 billion: sources Rally could spell pullback for stocks Fewer writers made money in 2010, says Writers Guild Prosecutors detail lies told by DSK accuser Obama taps Curry, Miller for top financial posts NY Attorney General subpoenas BofA CEO, others: report Credibility of accuser key to Strauss-Kahn case MySpace owner talks Justin Timberlake's new job June auto sales weak for 2nd month in row Zynga files for IPO, surfs Facebook wave World stocks gain on U.S. data; oil down on China New York Times sells half of Red Sox stake Citigroup top muni underwriter so far in 201: data Investors buy emerging equities on Greek hopes: EPFR Strauss-Kahn released from house arrest Fri,1 Jul 2011 09:01 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 accused him of attempted rape lied to a grand jury and made other false statements. 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 Rally could spell pullback for stocks Fri,1 Jul 2011 07:43 PM PDT Reuters - NEW YORK (Reuters) - A pullback could be on the table next week for stocks after their best weekly performance in two years, especially if a raft of data headlined by the June jobs report doesn't bolster the argument of a strengthening economy. Full Story1 Top Fewer writers made money in 2010, says Writers Guild Fri,1 Jul 2011 07:33 PM PDT Reuters - LOS ANGELES (TheWrap) - Television writers saw their earnings increase in 2010, but the total number of writers reporting income fell -- and movie writers' income fell by nearly 10 percent -- according to a report the Writers Guild of America West released on Friday. Full Story1 Top Prosecutors detail lies told by DSK accuser Fri,1 Jul 2011 04:34 PM PDT Reuters - NEW YORK (Reuters) - She lied about being gang-raped in her home country. She cheated on her taxes. And she changed details of her story about being sexually assaulted by a man once seen as the next president of France. Full Story1 Top Obama taps Curry, Miller for top financial posts Fri,1 Jul 2011 04:24 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama moved to fill two key posts in the ranks of financial regulators as officials work to complete new rules required by the Dodd-Frank Wall Street oversight law. Full Story1 Top NY Attorney General subpoenas BofA CEO, others: report Fri,1 Jul 2011 04:22 PM PDT Reuters - (Reuters) - New York state Attorney General Eric Schneiderman has issued subpoenas seeking new depositions from Bank of America's chief executive and other current and former executives, the Wall Street Journal reported, citing people familiar with the situation. Full Story1 Top Credibility of accuser key to Strauss-Kahn case Fri,1 Jul 2011 03:55 PM PDT Reuters - NEW YORK (Reuters) - Investigators had to make a snap judgment about the accuser in the sexual assault case against Dominique Strauss-Kahn -- haste that may have contributed to the unraveling of the case. Full Story1 Top MySpace owner talks Justin Timberlake's new job Fri,1 Jul 2011 02:48 PM PDT Reuters - LOS ANGELES (TheWrap) - Can MySpace be saved? 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 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 World stocks gain on U.S. data; oil down on China Fri,1 Jul 2011 01:42 PM PDT Reuters - NEW YORK (Reuters) - World stocks rose on Friday on news that U.S. factory activity expanded more than expected in June, but weakening industrial production in Asia kept oil prices down. Full Story1 Top New York Times sells half of Red Sox stake Fri,1 Jul 2011 01:40 PM PDT Reuters - NEW YORK (Reuters) - New York Times Co said on Friday it sold more than half its stake in the company which owns the Boston Red Sox baseball team, and is looking to sell the rest of its share. Full Story1 Top Citigroup top muni underwriter so far in 201: data Fri,1 Jul 2011 12:45 PM PDT Reuters - CHICAGO (Reuters) - Citigroup was the top bookrunning underwriter of U.S. municipal bonds in the first half of 2011, according to Thomson Reuters data on Friday. Full Story1 Top Investors buy emerging equities on Greek hopes: EPFR Fri,1 Jul 2011 12:36 PM PDT Reuters - NEW YORK (Reuters) - Investors massively returned to emerging market equity funds in the week ended June 29 as hopes that Greece would avoid imminent bankruptcy encouraged risk taking, fund tracker EFPR Global said on Friday. Full Story1 Top

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