U.S. Top News Early Edition: Cisco to overhaul troubled consumer products unit

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	04/12/2011
Good Morning Aron LATEST NEWS Cisco to overhaul troubled consumer products unit NEW YORK (Reuters) - Cisco Systems Inc will cut 550 jobs and shut down its Flip camera business in an overhaul of its troubled consumer products, following chief John Chambers' recent admission that the company had lost its way. | Full Article Japan raises nuclear crisis to same level as Chernobyl April 12, 2011 08:56 AM ET TOKYO (Reuters) - Japan put its nuclear calamity on a par with the world's worst nuclear disaster, Chernobyl, on Tuesday after new data showed that more radiation leaked from its earthquake-crippled power plant in the early days of the crisis than first thought. | Full Article Trade gap falls in February as trade contracts April 12, 2011 09:13 AM ET WASHINGTON (Reuters) - The U.S. trade deficit shrank in February as imports fell more than exports, according to a government report on Tuesday that suggested a slowdown in global demand. | Full Article Ouattara urges peace after Ivory Coast rival held April 12, 2011 09:20 AM ET ABIDJAN (Reuters) - Ivory Coast's internationally recognized president, Alassane Ouattara, called for peace after his rival was arrested with the help of French forces, but he faces a huge task reuniting a country shattered by civil war. | Full Article Nasdaq, D.Boerse eye shareholders in NYSE battle April 12, 2011 06:07 AM ET NEW YORK (Reuters) - Nasdaq OMX Group and Deutsche Boerse are wooing major NYSE Euronext shareholders, as both exchanges stand by their bids for the Big Board parent and dig in for a drawn-out battle. | Full Article BUSINESS NEWS Wall St opens lower on Japan, Alcoa revenue April 12, 2011 09:35 AM ET NEW YORK (Reuters) - Stocks opened lower on Tuesday in the wake of a disappointing revenue miss from Alcoa Inc and Japan's upgrade of the severity of its nuclear crisis. | Full Article BP's Rosneft deal more uncertain after Sechin quits April 12, 2011 09:26 AM ET LONDON (Reuters) - BP's planned $18 billion tie-up with Russia's Rosneft was looking even more uncertain after chief backer Igor Sechin stood down as Rosneft chairman, and sources said BP faced a new legal challenge. | Full Article Bank risk culture, pay not curbed enough: survey April 12, 2011 07:02 AM ET LONDON (Reuters) - Banks need to do more to shift away from a culture of risk and the excessive pay structures that prevailed before the financial crisis, an industry report said. | Full Article Allied Irish loss soars to $15 billion, axes 2,000 jobs April 12, 2011 09:06 AM ET DUBLIN (Reuters) - Allied Irish Banks aimed to put the "collective madness" of a homegrown property bubble behind it on Tuesday with a jaw-dropping annual loss of 10.4 billion euros and a plan to axe over 2,000 jobs. | Full Article Renault CEO under pressure after lieutenant quits April 12, 2011 09:12 AM ET PARIS (Reuters) - The departure of Renault's number two executive over a spying-turned-fraud debacle heaps pressure on CEO Carlos Ghosn at a crucial moment in the carmaker's latest strategic initiative. | Full Article HEALTH NEWS Study: Older brains less nimble at multi-tasking With head in the sand, Indonesia struggles to tackle AIDS Study reveals new target for antidepressants Three Nebraska nuclear workers exposed to radiation Endo cuts patent risk with $2.6 billion American Medical RELATED VIDEO New homes for Japan's quake survivors Egypt's PM sorry for army crackdown Japan raises nuclear crisis level 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 New app calculates calories through photos of food Full Article Time out at Applebee's after accidental kiddie cocktail - 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