Business Today: Markets head into sixth day of losses

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	06/8/2011
Good Morning Aron LATEST NEWS Markets head into sixth day of losses NEW YORK (Reuters) - Stock index futures fell on Wednesday, pointing to a sixth day of losses in an enduring downtrend as investors worry about the bleak economic outlook and technical market indicators point to more weakness ahead. | Full Article China warns U.S. debt-default idea is "playing with fire" June 08, 2011 08:19 AM ET SINGAPORE (Reuters) - Republican lawmakers are "playing with fire" by contemplating even a brief debt default as a means to force deeper government spending cuts, an adviser to China's central bank said on Wednesday. | Full Article OPEC to hike output, Iran proposes compromise June 08, 2011 08:28 AM ET VIENNA (Reuters) - OPEC producers on Wednesday hammered out a deal to raise oil supplies for the first time in four years to support the fragile world economy. | Full Article McDonald's May same-store sales rise 3.1 percent June 08, 2011 08:18 AM ET NEW YORK (Reuters) - McDonald's Corp reported a 3.1 percent rise in May sales at established restaurants, but in the United States, the gains were more modest than expected and its shares fell 1.7 percent in premarket trading. | Full Article Mortgage applications slipped last week: MBA June 08, 2011 07:09 AM ET NEW YORK (Reuters) - Applications for home mortgages eased last week, although demand for refinancing improved as interest rates edged down, an industry group said on Wednesday. | Full Article US TOP NEWS Obama administration to appeal healthcare ruling June 08, 2011 07:18 AM ET ATLANTA (Reuters) - Lawyers for President Barack Obama will on Wednesday seek to stave off the biggest legal challenge yet to healthcare reform, his signature domestic policy achievement. | Full Article Weiner faces Republican fire, Democratic anger June 07, 2011 10:12 PM ET WASHINGTON (Reuters) - A top Republican on Tuesday called on Democratic Representative Anthony Weiner to resign, saying Congress cannot afford to be distracted by the sexually charged photos and tweets he sent to women. | Full Article Syrians flee town as troops approach June 08, 2011 08:19 AM ET BEIRUT (Reuters) - Turkey called on Syria on Wednesday to rein in violence against civilians and promised not to turn away refugees as some residents of a Syrian border town headed for the Turkish frontier in fear of a military assault. | Full Article Inquiry threat may linger for IMF hopeful Lagarde June 08, 2011 08:35 AM ET PARIS (Reuters) - French judges may seek more time to decide on opening an inquiry into Finance Minister Christine Lagarde's role in a 2008 arbitration payout, meaning allegations of misconduct could hang over her bid to head the IMF. | Full Article U.S. aid to Afghanistan needs sharper focus: study June 08, 2011 05:06 AM ET WASHINGTON (Reuters) - The benefits of U.S. foreign aid for Afghanistan could melt away with a planned U.S. troop withdrawal, according to a congressional study that recommends the Obama administration focus on long-term, sustainable development. | Full Article HEALTH NEWS Drug firms go online to test and sell medicines Germany expecting more E.coli deaths U.S. cancer drugs shortage has doctors scrambling Bill Clinton: universal health coverage saves money Special Report: Inside Germany's E.coli hunt RELATED VIDEO Japan's farmers work to rebuild trust Hedge Fund Breakfast: Top Managers Take on Euro Zone Crisis Sin Stocks: Tobacco, A Smoking Hot Opportunity 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 Australia's military loses its UFO X-Files? Full Article "Mullet bandit" robs another bank Marking D-Day with massive paintball battle Humble cabbage becomes art "Miracle on the Hudson" plane departs for museum - 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