U.S. Top News Early Edition: May core CPI rises most in nearly 3 years

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	06/15/2011
Good Morning Aron LATEST NEWS May core CPI rises most in nearly 3 years WASHINGTON (Reuters) - Core consumer inflation rose at its quickest pace in nearly three years in May and a regional manufacturing gauge contracted this month, underscoring the headwinds facing the economy. | Full Article Greeks rage against austerity while EU argues June 15, 2011 08:56 AM ET ATHENS/BRUSSELS (Reuters) - Striking Greeks raged against a new wave of austerity on Wednesday after euro zone finance ministers failed to agree how to make private creditors contribute to a second bailout for their indebted country. | Full Article Exclusive: Saudi, U.S. debated oil reserve swap before OPEC June 15, 2011 09:35 AM ET WASHINGTON/LONDON (Reuters) - It was to be a swap felt around the world -- a plan privately discussed by the world's largest oil exporter and the globe's biggest consumer to take the heat out of $120-plus oil prices. | Full Article White House wants business to aid in debt cap fight June 15, 2011 01:42 AM ET WASHINGTON (Reuters) - Worried that Congress will not act in time to raise the country's borrowing cap, the Obama administration is enlisting the business community to persuade lawmakers that a default will have dire consequences. | Full Article China and allies back Russia against U.S. missile shield June 15, 2011 09:03 AM ET ASTANA (Reuters) - Russia won the backing of China and other members of a regional security body in criticizing U.S. plans for a missile shield, saying on Wednesday it could undermine global security. | Full Article BUSINESS NEWS Wall Street set to drop on factory data, Greece fears June 15, 2011 09:17 AM ET NEW YORK (Reuters) - Stocks were set for a sharp drop at the open on Wednesday on worries the Greece debt crisis may escalate and after a negative reading on New York State manufacturing underscoring the headwinds facing the economy. | Full Article Grasso holds court on NYSE deal, trading, politics June 15, 2011 09:33 AM ET NEW YORK (Reuters) - Would Dick Grasso have sold the New York Stock Exchange to the Germans? | Full Article Industrial output edges up in May June 15, 2011 09:34 AM ET WASHINGTON (Reuters) - U.S. industrial output edged up just 0.1 percent in May as supply chain disruptions from the earthquake in Japan disrupted auto production for a second straight month, the Federal Reserve said on Wednesday. | Full Article Dish Network offers $1.38 billion for TerreStar June 15, 2011 08:54 AM ET NEW YORK (Reuters) - TerreStar Networks Inc said it has received a $1.375 billion cash bid from billionaire Charlie Ergen's Dish Network Corp to buy the telecommunications company's assets through a bankruptcy auction, court papers show. | Full Article Mortgage applications see biggest gain in 3 months: MBA June 15, 2011 08:59 AM ET NEW YORK (Reuters) - Applications for home mortgages saw their biggest jump in three months last week, fueled by demand for refinancing as interest rates continued to fall, an industry group said on Wednesday. | Full Article HEALTH NEWS China downplays risk to children from lead poisoning: report Pfizer, BI inhaler may raise risk of death: study J&J pulls back on heart stent business Prenatal pesticide exposure tied to birth size Sleep position may affect stillbirth risk RELATED VIDEO China floods kill 100 Australians stranded by ash cloud Tear gas fired at Greek protesters 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 Children's author ejected from plane for bad language Full Article Arkansas legislators lag nation in college experience Oregon votes to outlaw sale of suicide kits Dinosaur auction features fighting pair of skeletons Elderly woman uses AIDS threat to rob Colorado bank: police Baboon adopts bush baby - 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