U.S. Top News Early Edition: Retailers' March sales not as bleak as expected

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	04/7/2011
Good Morning Aron LATEST NEWS Retailers' March sales not as bleak as expected CHICAGO (Reuters) - March was not as bad as expected for many U.S. retailers, suggesting that shoppers largely ignored higher gasoline prices and other concerns to treat themselves. | Full Article ECB hikes interest rates in exit from crisis policy April 07, 2011 08:30 AM ET FRANKFURT (Reuters) - The European Central Bank raised interest rates by 25 basis points to 1.25 percent on Thursday, announcing its first hike since July 2008 to counter firming inflation pressures in the 17-country euro zone. | Full Article Wisconsin high court challenger declares victory April 07, 2011 08:47 AM ET MADISON, Wis (Reuters) - The union-backed challenger in the race for a seat on Wisconsin's state Supreme Court declared victory on Wednesday in a contest that became a referendum on new restrictions on public sector unions. | Full Article Obama and Congress to try reaching spending-cut deal April 07, 2011 08:26 AM ET WASHINGTON (Reuters) - President Barack Obama and leaders in Congress will attempt to reach a spending-cut deal on Thursday that would avert a dangerous government shutdown at week's end. | Full Article French strikes hit Gbagbo forces in Ivory Coast April 07, 2011 07:57 AM ET ABIDJAN (Reuters) - French forces hit military vehicles belonging to troops loyal to Ivory Coast's Laurent Gbagbo during a helicopter-borne mission that rescued Japan's ambassador to the West African country on Thursday. | Full Article BUSINESS NEWS Sales, jobless claims set to lift Wall Street April 07, 2011 09:11 AM ET NEW YORK (Reuters) - Wall Street stocks were set to open slightly higher on Thursday as positive labor market and same-store sales data brightened the outlook for consumer spending, a pillar of the U.S. economy. | Full Article Jobless claims fall slightly more than expected April 07, 2011 09:09 AM ET WASHINGTON (Reuters) - New U.S. claims for unemployment benefits fell slightly more than expected last week, pointing to firming labor market conditions. | Full Article Fed's Lacker says must let ailing big firms fail April 07, 2011 08:44 AM ET ROANOKE, Virginia (Reuters) - Large financial firms should be allowed to fail or they will continue to take excess risks that lead to crises, Richmond Federal Reserve President Jeffrey Lacker said on Thursday. | Full Article Spain vows won't be next after Portugal seeks aid April 07, 2011 07:30 AM ET MADRID (Reuters) - Spain vowed on Thursday it would not follow ailing neighbor Portugal in seeking a European bailout, and a successful Spanish bond auction suggested markets do not immediately fear contagion. | Full Article Portugal to get aid before June polls: EU source April 07, 2011 08:13 AM ET LISBON/BRUSSELS (Reuters) - The European Commission expects a formal request from Portugal for aid "soon" and a deal will probably be agreed to ease its debt crisis before a new government is elected on June 5, officials said on Thursday. | Full Article HEALTH NEWS Scientists find superbugs in Delhi drinking water WHO warns drugs misuse weakens fight against diseases FDA approves AstraZeneca's thyroid cancer drug Simple treatment cuts preterm births by 45 percent Teen substance abuse on rise over past 3 years: study RELATED VIDEO Young volunteers keep Benghazi clean Mosque becomes hospital for wounded Yemenis Obama aims to avert government shutdown 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 Friday most popular day for bank robberies Full Article Rat problem damaging tourism? Detectives probe burglary -- at police station Oregon thief with "good taste" nips $2,300 cognac German mayor invents park bench for teen etiquette Spending on pets up during lean economic times: poll - 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