Business Today: Futures drop on Libya revolt, oil prices spike

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	02/22/2011
Good Morning Aron LATEST NEWS Futures drop on Libya revolt, oil prices spike NEW YORK (Reuters) - U.S. stock index futures tumbled on Tuesday as a revolt in Libya drove investors away from risky assets and prompted a spike in crude oil prices. | Full Article Home Depot tops estimates, raises outlook February 22, 2011 07:51 AM ET NEW YORK (Reuters) - Home Depot Inc beat quarterly profit and sales estimates and raised its fiscal-year outlook as shoppers took up long-delayed maintenance and repair projects for their homes in a slowly recovering U.S. economy. | Full Article Wal-Mart's U.S. sales woes deepen February 22, 2011 07:59 AM ET CHICAGO (Reuters) - Wal-Mart Stores Inc posted its seventh consecutive quarterly drop in sales at existing U.S. stores and said it will take some time to turn around sales in that unit. | Full Article BHP Billiton makes $4.75 billion push into U.S. shale gas February 22, 2011 08:13 AM ET MELBOURNE (Reuters) - BHP Billiton struck a deal to buy shale gas reserves from Chesapeake Energy Corp for $4.75 billion, pitting itself against oil giants and China in the battle for the fast-growing energy source in North America. | Full Article Moody's warns of Japan ratings cut if no reforms February 22, 2011 05:36 AM ET TOKYO (Reuters)- Moody's Investors Service warned Tuesday that it may cut Japan's sovereign credit rating if government policies fall short of comprehensive tax reform needed to bring ballooning public debt under control. | Full Article US TOP NEWS Gaddafi defies revolt with tanks, planes February 22, 2011 08:19 AM ET TRIPOLI (Reuters) - Libya's Muammar Gaddafi used tanks, helicopters and warplanes to quell a growing revolt, witnesses said on Tuesday, as the veteran leader scoffed at reports he was fleeing after four decades in power. | Full Article New Zealand quake kills at least 65 February 22, 2011 08:13 AM ET WELLINGTON (Reuters) - A strong earthquake killed at least 65 people in New Zealand's second-biggest city of Christchurch on Tuesday, with more casualties expected as rescuers worked into the night to find scores of people trapped inside collapsed buildings. | Full Article Housing data may have understated extent of collapse: report February 22, 2011 07:41 AM ET WASHINGTON (Reuters) - A housing trade association is examining the possibility that the data it releases underestimated the collapse of the housing industry, the Wall Street Journal reported on Monday. | Full Article Special Report: Is Wen's "new socialist countryside" working? February 22, 2011 07:43 AM ET ZHAOYUAN, China (Reuters) - When Chinese premier Wen Jiabao visited Zhao Mengleng's village, she hoped to show him the cracks threatening her mud-brick home, a reminder that the country's embryonic prosperity has not reached everybody in the vast rural heartland. | Full Article Pakistan says American's CIA link has no bearing on February 22, 2011 08:17 AM ET LAHORE/TOKYO (Reuters) - Pakistan insisted on Tuesday that the courts would decide the fate of an American detained on murder charges, even after it was revealed he was a CIA contractor whom Washington says enjoys diplomatic immunity. | Full Article HEALTH NEWS Climate change creates longer ragweed season 1 in 9 people aged 45-54 is hearing impaired: study Gastric bypass better than Lap-Band: study Stent blood clot risk may be higher in the morning Could more IVF attempts really mean more success? RELATED VIDEO Moody's cuts Japan debt outlook NZ dollar tumbles on quake fears Gaddafi's rule appears in jeopardy 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 Full Article - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend