U.S. Top News Early Edition: Obama to lay out deficit plan with focus on tax, spending

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	04/13/2011
Good Morning Aron LATEST NEWS Obama to lay out deficit plan with focus on tax, spending WASHINGTON (Reuters) - President Barack Obama on Wednesday will propose tax reform, defense savings and changes in government healthcare spending as criticism swells over his leadership on curbing a bloated budget deficit. | Full Article JPMorgan Q1 profit up 67 percent; shares climb April 13, 2011 09:15 AM ET NEW YORK (Reuters) - JPMorgan Chase & Co posted a 67 percent increase in first-quarter earnings, topping Wall Street expectations, as it set aside less money to cover bad loans. | Full Article March retail sales up on gasoline April 13, 2011 09:08 AM ET WASHINGTON (Reuters) - U.S. retail sales rose modestly in March as auto sales plunged and consumers stretched to pay for pricey gasoline. | Full Article Schneider denial fails to kill Tyco bid talk April 13, 2011 09:30 AM ET PARIS (Reuters) - Schneider Electric tried in vain on Wednesday to quash rumors that it planned to buy Tyco International after the French engineering company's stock was hammered by worries about a capital hike. | Full Article IMF presses Europe to shore up bank balance sheets April 13, 2011 09:22 AM ET WASHINGTON (Reuters) - Many European banks need bigger capital cushions to restore market confidence and help reduce the risk of another financial crisis, the International Monetary Fund said on Wednesday. | Full Article BUSINESS NEWS Wall St opens higher on JPMorgan results April 13, 2011 09:38 AM ET NEW YORK (Reuters) - Stocks opened higher on Wednesday after JPMorgan Chase's earnings beat expectations and spurred bets that other banks' results will be strong. | Full Article Unilever, P&G fined 315.2 million euros for price fixing April 13, 2011 07:56 AM ET BRUSSELS (Reuters) - Consumer goods giants Unilever and Procter & Gamble were fined 315.2 million euros ($456 million) by EU regulators on Wednesday for fixing washing powder prices in eight EU countries. | Full Article Japan government downgrades economy view on earthquake April 12, 2011 11:05 PM ET TOKYO (Reuters) - - Japan's government on Wednesday downgraded its assessment of the economy for the first time in six months, saying it is showing weakness after a devastating earthquake and tsunami last month battered the northeast coast. | Full Article CEO pay votes intensify debate over proxy advisers April 13, 2011 08:07 AM ET NEW YORK (Reuters) - A growing number of companies are objecting to the role of firms that advise shareholder votes at annual meetings, complaining about conflicts of interest, errors and lack of oversight. | Full Article U.S. debt position not a factor in yield rise: IMF April 13, 2011 09:01 AM ET NEW YORK (Reuters) - Rising U.S. bond yields have more to do with improving economic growth prospects and market concerns about inflation rather than Washington's deteriorating fiscal position, the International Monetary Fund said on Wednesday. | Full Article HEALTH NEWS Special Report: Taking on the real Miami Vice: healthcare fraud Hospital safety plan may save lives, money: government Illinois agency OKs program to pay Medicaid bills Deal near on flu virus-sharing, vaccines: diplomats Roche's diet drug tied to kidney damage RELATED VIDEO Japan gym holds mud-covered memories Yemeni women call for Saleh ouster Army chief swears allegiance to Ouattara 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 Applebee's to retrain staff after mixed-drink mixup Full Article Leader teased for pocketing pen New app calculates calories through photos of food California cat shot in head with arrow, survives - 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