U.S. Top News Early Edition: Jobless claims fall, retail sales edge up

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	07/14/2011
Good Morning Aron LATEST NEWS Jobless claims fall, retail sales edge up WASHINGTON (Reuters) - The number of Americans claiming initial unemployment benefits dropped last week, but remained elevated and retail sales barely rose, suggesting the economy would struggle to regain speed in the second half. | Full Article JPMorgan quarterly profit rises, loan book grows July 14, 2011 09:09 AM ET NEW YORK (Reuters) - JPMorgan Chase & Co posted a higher-than-expected jump in second-quarter profit as it wrote off fewer bad mortgages and credit card loans. | Full Article Obama and lawmakers face fresh doubts on debt deal July 14, 2011 07:49 AM ET WASHINGTON (Reuters) - President Barack Obama and top Republicans face growing pressure Thursday to surmount acrimonious divisions over how to avoid a debt default as an August 2 deadline looms for raising the national debt ceiling. | Full Article Murdochs refuse to go before UK parliament next week July 14, 2011 08:41 AM ET LONDON (Reuters) - Rupert Murdoch on Thursday refused a summons by Britain's parliament to answer questions over alleged crimes at one of his newspapers, leaving a senior executive from his media empire to face lawmakers keen to break the media mogul's grip on politics. | Full Article Euro zone makes fresh bid to tackle Greek crisis July 14, 2011 06:57 AM ET BRUSSELS/BERLIN (Reuters) - Euro zone countries continued to grapple with the thorny issue of involving the private sector in tackling Greece's debt pile as they prepared for a meeting to decide support for the country next week. | Full Article BUSINESS NEWS Wall Street set to rise as JPMorgan lifts debt gloom July 14, 2011 09:01 AM ET NEW YORK (Reuters) - Wall Street was set to rise on Thursday as higher profit from JPMorgan offset concern about closing the U.S. budget deficit after Moody's threatened to downgrade the United States' top credit rating. | Full Article Italian Senate approves austerity package July 14, 2011 09:19 AM ET ROME (Reuters) - The Italian austerity budget worth nearly 48 billion euros was approved by the upper house of parliament on Thursday, overcoming its first parliamentary hurdle. | Full Article ConocoPhillips to split into two; shares surge July 14, 2011 09:33 AM ET NEW YORK (Reuters) - ConocoPhillips will split itself into two by spinning off its refining arm, the third-largest U.S. oil company said on Thursday, sending its shares up more than 7 percent. | Full Article China first-half fiscal surplus at $193 billion July 14, 2011 06:43 AM ET BEIJING (Reuters) - China posted a fiscal surplus of 1.25 trillion yuan ($193.3 billion) in the first half of the year as steady economic growth and rising prices lifted government revenues, the Ministry of Finance said on Thursday. | Full Article Google margins and new social product in spotlight July 14, 2011 12:42 AM ET SAN FRANCISCO (Reuters) - Google Inc's profit margins and its newly released social networking service will be in the investor spotlight when the Internet company reports its quarterly results after Thursday's market close. | Full Article HEALTH NEWS No link seen between cellphones, brain tumor Once-daily AIDS pill can slash HIV infection risk Samsung study rejects claims semiconductor plants caused cancers Eateries eye healthier kids' food amid pressure Secondhand smoke tied to kids' behavior problems RELATED VIDEO Israeli aircraft strike Gaza Mutilated remains found Suicide blast in Kandahar 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 Sister Wives family to challenge Utah polygamy laws Full Article Sisters sue cemetery over grave mix-up Calif. woman charged with torture in severed penis case Rock musician uses cell phone stickup note in robbery Police nab runaway elephants at bus stop Free online shopping briefly delights customers - 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