Business Today: Employment report sinks futures

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	06/1/2011
Good Morning Aron LATEST NEWS Employment report sinks futures NEW YORK (Reuters) - U.S. stocks index futures added to losses on Wednesday after the ADP private employment report came in much weaker than expected in May and at its lowest level since September 2010, continuing a string of weak economic data. | Full Article Private sector adds 38,000 jobs in May June 01, 2011 08:34 AM ET NEW YORK (Reuters) - U.S. private employers added a scant 38,000 jobs in May, far below economists' expectations and the lowest level since September 2010, a report by a payrolls processor showed on Wednesday. | Full Article Greece nears IMF/EU deal, dismisses drachma talk June 01, 2011 08:35 AM ET ATHENS (Reuters) - Greece should complete talks by the end of the week with inspectors from the EU and IMF on a medium-term budget plan plus a vital next slice of international aid, sources close to the negotiations said on Wednesday. | Full Article 150 economists back Republicans in debt fight June 01, 2011 06:33 AM ET WASHINGTON (Reuters) - More than 150 economists back House of Representatives Speaker John Boehner's call to match any increase in the debt limit with spending cuts of equal size, according to a letter released by the Republican leader's office on Wednesday. | Full Article Smart Money: Hedge funds sell faltering U.S. banks June 01, 2011 05:51 AM ET NEW YORK (Reuters) - The recovery of Citigroup and Bank of America provided famed hedge fund managers like Lee Ainslie and Jeff Altman some of their biggest gains last year, but now the smart money is getting out while the getting is good. | Full Article US TOP NEWS Debt-limit hike fails in House in symbolic vote May 31, 2011 07:28 PM ET WASHINGTON (Reuters) - The House of Representatives on Tuesday defeated a bill to raise the debt limit in a vote staged by Republicans to strengthen their push for deep spending cuts in negotiations with the White House. | Full Article SAC faces insider trading probe on MedImmune: report June 01, 2011 07:56 AM ET (Reuters) - SAC Capital Advisors LP faces an insider trading probe from the U.S. Securities and Exchange Commission related to the $15 billion takeover of biotechnology firm MedImmune Inc, the Wall Street Journal reported, citing people familiar with the matter. | Full Article U.N. urges Japan nuclear safety overhaul after Fukushima June 01, 2011 05:15 AM ET TOKYO (Reuters) - U.N. atomic safety experts said Japan underestimated the threat from a killer wave to its crippled Fukushima power plant and urged sweeping changes to prevent a repeat of the crisis that triggered the word's worst nuclear disaster since Chernobyl. | Full Article War crimes suspect Mladic to be charged on Friday June 01, 2011 06:53 AM ET THE HAGUE (Reuters) - Former Bosnian Serb military commander Ratko Mladic, extradited to the Netherlands from Serbia after 16 years on the run, will be formally charged with genocide at the U.N. war crimes tribunal on Friday. | Full Article U.S. arms makers said to be bleeding secrets to cyber foes May 31, 2011 07:24 PM ET WASHINGTON (Reuters) - Top Pentagon contractors have been bleeding secrets for years as a result of penetrations of their computer networks, current and former national security officials say. | Full Article HEALTH NEWS Spain mulls action against Hamburg for E.coli blame WHO says cell phone use "possibly carcinogenic" Another 365 new E. coli cases found in Germany Beta-blockers tied to breast cancer survival Cancer costs highest for individually insured RELATED VIDEO 10 percent sales tax eyed for Japan China's factory output at 9 mnth low Home prices revisit 2009 low 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 Malta backs introduction of divorce in referendum Full Article Infamous tax man faces new trial over fake passport - 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