Business Today: Futures add to losses after GDP data

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	07/29/2011
Good Morning Aron LATEST NEWS Futures add to losses after GDP data NEW YORK (Reuters) - Stock index futures added to losses on Friday after data showed the U.S. economy grew less than expected in the second quarter. | Full Article BSkyB dishes out $1.6 billion to calm investors July 29, 2011 08:27 AM ET LONDON (Reuters) - BSkyB will hand out 1 billion pounds ($1.6 billion) to placate investors who lost out after News Corp bowed to public fury over a hacking scandal and dropped a bid to take full control of the satellite broadcaster. | Full Article Oil majors Total and Eni hit by weak dollar, Libya July 29, 2011 08:15 AM ET PARIS/MILAN (Reuters) - French and Italian oil majors Total SA and Eni SpA reported lower second-quarter profits on Friday, reflecting dollar weakness and production outages partly due to fighting in Libya which shut some fields. | Full Article Merck to slash jobs in cost-savings drive July 29, 2011 08:12 AM ET NEW YORK (Reuters) - Merck & Co said it aims to slash more jobs by late 2015 to wring more than an additional $1 billion in annual cost savings from an ongoing restructuring program. | Full Article Moody's threatens Spain rating cut July 29, 2011 08:38 AM ET MADRID (Reuters) - Rating agency Moody's put Spain on review for a possible downgrade on Friday, adding to concerns that a Greek rescue package has done little to halt the spread of Europe's debt crisis. | Full Article US TOP NEWS Republicans race to revive debt plan July 29, 2011 07:47 AM ET WASHINGTON (Reuters) - Republican leaders will scramble to rescue their budget deficit-cutting plan on Friday after conservatives mounted a rebellion that heaped uncertainty on efforts to avert a catastrophic debt default. | Full Article Economic growth tepid as spending flat July 29, 2011 08:34 AM ET WASHINGTON (Reuters) - The economy grew less than expected in the second quarter as consumer spending barely rose amid higher gasoline prices, and growth braked sharply in the prior quarter, a government report showed on Friday. | Full Article Libyan rebels say military chief killed July 29, 2011 08:14 AM ET BENGHAZI/NALUT, Libya (Reuters) - Libya's rebels said their military commander was shot dead in an incident that remained shrouded in mystery, pointing either to divisions within the movement trying to oust Muammar Gaddafi or to an assassination by Gaddafi loyalists. | Full Article Special report: Is Israel Inc. too powerful? July 29, 2011 07:39 AM ET TEL AVIV (Reuters) - It took a two week-long cottage cheese rebellion to get Israelis to question the power of the country's tycoons. | Full Article Police say arrest of soldier foiled "terror plot" July 29, 2011 07:48 AM ET KILLEEN, Texas (Reuters) - An Army soldier arrested with suspected bomb-making materials near Fort Hood, Texas, was hatching a "terror plot" to attack military personnel, police said on Thursday. | Full Article HEALTH NEWS Screening has little impact on breast cancer deaths: study Flu "super antibody" may bring universal shot closer Can vitamins help boost your memory? Women who eat lots of fiber have less breast cancer No clear link between statins and kidney cancer RELATED VIDEO UK's BSkyB results send out stability message: CreditSights Inside the News: More weak UK data may sap sterling: Boulton Breakingviews: BSkyB reminds News Corp what it missed out 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 Germans brew more beer for first time since 2007 Full Article Hordes of bats delight Texas city residents Man guilty of assault for spilling drink on Zuma Woman faces trial for fake testicles U.S. man operates on himself with butter knife Jail guard guilty of serving up hacksaw blade - 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