U.S. Top News Early Edition: British lawmakers to grill Murdochs on scandal

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	07/19/2011
Good Morning Aron LATEST NEWS British lawmakers to grill Murdochs on scandal LONDON (Reuters) - News Corp Chief Executive Rupert Murdoch and his son James face questions from parliament on Tuesday in a phone-hacking and corruption scandal that has rocked Britain's establishment right up to Prime Minister David Cameron. | Full Article Goldman profit misses expectations on weak trading July 19, 2011 09:05 AM ET NEW YORK (Reuters) - Goldman Sachs Group Inc's second-quarter net income missed market expectations by a wide margin as the investment bank's fixed income trading revenues dropped sharply. | Full Article June housing starts at 6-month high July 19, 2011 09:00 AM ET WASHINGTON (Reuters) - Housing starts scaled a six-month high in June and permits for future construction unexpectedly increased, a government report showed on Tuesday, partly reflecting growing demand for rental apartments. | Full Article BofA posts $8.8 billion net loss, worst ever July 19, 2011 09:29 AM ET CHARLOTTE, North Carolina (Reuters) - Bank of America Corp reported an $8.8 billion second-quarter loss, its worst ever, and posted a drop in lending margins as low interest rates weigh on the largest U.S. bank. | Full Article Exclusive: Euro zone paper points to bank tax to fund July 19, 2011 07:25 AM ET BRUSSELS (Reuters) - A tax on euro zone banks and cheaper, longer-dated official loans are the least risky way to provide extra funding for debt-stricken Greece, a confidential paper drafted ahead of a European summit showed on Tuesday. | Full Article BUSINESS NEWS Wall Street stocks open higher on earnings July 19, 2011 09:35 AM ET NEW YORK (Reuters) - Stocks opened higher on Tuesday after upbeat corporate results and better-than-expected data on the housing market eased jitters about an economic slowdown. | Full Article Special report: Banks continue robo-signing July 19, 2011 07:22 AM ET NEW YORK/IMMOKALEE, Florida (Reuters) - America's leading mortgage lenders vowed in March to end the dubious foreclosure practices that caused a bruising scandal last year. | Full Article Rupert Murdoch has board backing July 19, 2011 08:41 AM ET NEW YORK (Reuters) - News Corp independent directors are fully behind Rupert Murdoch, a board member told Reuters on Monday, as his iron grip on his vast media empire came under question because of the hacking scandal that already has consumed his London newspaper company. | Full Article Trust banks earnings up amid new business July 19, 2011 09:02 AM ET BOSTON (Reuters) - State Street Corp and Bank of New York Mellon , two of the world's biggest custody banks, each reported stronger second-quarter earnings as new demand for their products boosted revenue. | Full Article Cisco to cut workforce by 15 percent, sell factory to Hon Hai July 19, 2011 12:48 AM ET NEW YORK/SAN FRANCISCO (Reuters) - Cisco Systems plans to cut 15 percent of its staff and sell a set-top box factory as part of a plan to cut annual expenses by $1 billion as the network equipment maker tries to revive its fortunes. | Full Article HEALTH NEWS Exclusive: GE to soon seek FDA OK for Alzheimer's imaging agent FDA plans oversight of some mobile medical apps Tests for inherited colon cancer may be worth cost Johns Hopkins ranks top among 5,000 hospitals for 22nd year Seattle approves medical marijuana regulations RELATED VIDEO Japan braces for typhoon Stephenson on why he resigned British PM discusses media in Nigeria 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 Women urged to strip to support Putin as president Full Article Band escapes as stage collapses Can Billy the Kid ever RIP? - 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