Business Today: Market up slightly, factory orders on tap

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	07/5/2011
Good Morning Aron LATEST NEWS Market up slightly, factory orders on tap NEW YORK (Reuters) - Stock index futures rose slightly on Tuesday before factory orders data and after stocks had their best week in two years last week. | Full Article Prosecutors to drop charges against Strauss-Kahn July 05, 2011 08:21 AM ET WASHINGTON (Reuters) - Prosecutors will drop sexual assault charges against ex-IMF chief Dominique Strauss-Kahn at his next court appearance in two weeks, or earlier, because of doubts about the credibility of the alleged victim, the New York Post said Tuesday. | Full Article Chinese local debt understated by $540 billion: Moody's July 05, 2011 07:15 AM ET BEIJING (Reuters) - China's local government debt burden may be 3.5 trillion yuan ($540 billion) larger than auditors estimated, putting banks on the hook for deeper losses that could threaten their credit ratings, Moody's said on Tuesday. | Full Article Banks meet to discuss plan to help Greece: sources July 05, 2011 08:08 AM ET LONDON (Reuters) - International banks are meeting in Paris Tuesday to discuss France's proposed plan for the private sector to contribute to Greece's bailout effort, people familiar with the matter said. | Full Article Euro zone growth slows, orders dry up: PMIs July 05, 2011 07:00 AM ET LONDON (Reuters) - European services growth slowed in June in the face of sluggish new orders and rising interest rates, giving firms less optimism about the year ahead, business surveys showed on Tuesday. | Full Article US TOP NEWS Analysis: Debt deal not that far out of reach July 05, 2011 08:08 AM ET WASHINGTON (Reuters) - You would never know it from all the hot air rising out of Washington, but President Barack Obama and congressional Republicans could easily reach a deal to raise the debt limit and avoid an early August default. | Full Article Pressure on Murdoch over new hacking allegation July 05, 2011 07:12 AM ET LONDON (Reuters) - British Prime Minister David Cameron condemned the alleged hacking of a murdered schoolgirl's voicemail by the News of the World, part of Rupert Murdoch's media empire, as the scandal closed in on a top News Corp executive and Murdoch protegee. | Full Article Russian paper says Gaddafi seeking way out July 05, 2011 08:37 AM ET TRIPOLI (Reuters) - Muammar Gaddafi is sounding out the possibility of handing over power, a Russian newspaper said on Tuesday, but the Libyan government denied it was in talks about the veteran leader stepping down. | Full Article NY AG sends subpoenas to nine life insurers: report July 05, 2011 05:56 AM ET BANGALORE (Reuters) - New York Attorney General has issued subpoenas to at least nine leading life insurers to examine whether the firms have adequately ensured payouts on policies of some deceased customers, the Wall Street Journal said, citing people familiar with the matter. | Full Article Special Report: A tale of two Europes July 05, 2011 06:58 AM ET THEBES, Greece/STUTTGART, Germany (Reuters) -Petzetakis likes to call itself the first Greek multinational. The company began making plastic pipes and hoses in the early 1960s and grew steadily over the next couple of decades, opening a plant in Portugal and pushing into Germany. Proud of its role as a pioneer, the firm dreamed of bigger things. | Full Article HEALTH NEWS Egyptian seeds most likely source of deadly E. coli Environment, not just genetics, at play in autism Mental problems of soldiers' kids tied to wars Too many women get HPV tests: study Who wants to live forever? Scientist sees aging cured RELATED VIDEO Germany falling out of love with Europe, think tank says Vale CFO on mining trends, commodity outlook German, Euro zone services growth slows in June 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 Motorcyclist crashes in helmet law protest, dies Full Article July 4 without local ice cream won't be the same Divorce ceremonies pick up in Japan after disaster - 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