U.S. Top News Early Edition: Chile's trapped miners finally set to escape

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Good Morning Aron, TUE 12 Oct 2010    Chile's trapped miners finally set to escape Asia stiffens resolve to resist capital inflows China cancels second meeting with Norway minister Pfizer to buy King Pharma for $3.6 billion in cash Not many early bonuses for Wall Street banks: experts States to probe mortgage foreclosures: report U.S. sees crisis fears easing over South China Sea North Korea leader's oldest son says opposes dynastic succession Obama accuses Republicans of peddling "snake oil" Hurricane Paula heads for Mexico's Yucatan coast Hungary spill due to negligence: PM Chile rescuers test run capsule Dramatic calls in London 7/7 inquest Chile's trapped miners finally set to escape October 12, 2010 09:02 AM ET COPIAPO, Chile (Reuters) - Chile's 33 trapped miners are set to travel nearly half a mile through solid rock in a shaft just wider than a man's shoulders on Tuesday night, as their two month ordeal after a cave-in draws to an end. Full Article Asia stiffens resolve to resist capital inflows October 12, 2010 07:57 AM ET BANGKOK/BEIJING (Reuters) - Thailand slapped a tax on foreign investment in government debt on Tuesday, Japan said it could intervene anew to weaken the yen and China again talked down the prospects of a faster rise in the yuan. Full Article China cancels second meeting with Norway minister October 12, 2010 08:17 AM ET OSLO (Reuters) - China canceled a cabinet level political meeting with Norway on Tuesday for the second time since the Norwegian Nobel Committee awarded the 2010 Nobel Peace Prize to Chinese dissident Liu Xiaobo. Full Article Pfizer to buy King Pharma for $3.6 billion in cash October 12, 2010 09:08 AM ET NEW YORK (Reuters) - Pfizer Inc reached a deal to buy drugmaker King Pharmaceuticals Inc for $3.6 billion in cash, aiming to boost revenue before it loses patent protection on some of its top-selling treatments. Full Article Not many early bonuses for Wall Street banks: experts October 12, 2010 09:10 AM ET NEW YORK (Reuters) - Large Wall Street banks are unlikely to accelerate bonus payouts, even if doling out bonuses in December would cut the tax bills of employees, compensation experts said. Full Article States to probe mortgage foreclosures: report October 12, 2010 07:59 AM ET BANGALORE (Reuters) - As many as 40 state attorneys general in the United States are expected to announce an investigation into the mortgage servicing industry on Wednesday, the Wall Street Journal said. Full Article U.S. sees crisis fears easing over South China Sea October 12, 2010 07:59 AM ET HANOI (Reuters) - Asian nations appeared to be moving to ease the risk of an immediate crisis over territorial disputes in the South China Sea, where concern has risen over China's growing military reach and assertiveness. Full Article North Korea leader's oldest son says opposes dynastic succession October 12, 2010 07:54 AM ET SEOUL (Reuters) - The oldest son of North Korean leader Kim Jong-il says he is opposed to the idea of dynastic succession in his country but wishes the best for his brother who has been chosen by their father as heir. Full Article Obama accuses Republicans of peddling "snake oil" October 11, 2010 07:36 PM ET CORAL GABLES, Florida (Reuters) - President Barack Obama accused Republicans on Monday of peddling "snake oil" in their campaigns to gain power in Congress on November 2 and urged Democrats to get motivated about the elections. Full Article Hurricane Paula heads for Mexico's Yucatan coast October 12, 2010 08:33 AM ET MIAMI (Reuters) - Hurricane Paula, the ninth hurricane of the busy 2010 Atlantic season, churned toward the east coast of Mexico's Yucatan peninsula on Tuesday, the U.S. National Hurricane Center said. Full Article

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