U.S. Top News Early Edition: Jobless claims fall below 400,000

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	07/28/2011
Good Morning Aron LATEST NEWS Jobless claims fall below 400,000 WASHINGTON (Reuters) - The number of Americans claiming new unemployment benefits last week dropped below the 400,000 level for the first time since early April, a hopeful sign for the economy which has struggled to regain momentum. | Full Article China institute takes blame for train crash; Wen visits July 28, 2011 08:53 AM ET WENZHOU, China (Reuters) - A Chinese railway research institute took responsibility on Thursday for a flaw in signaling equipment that led to a deadly accident and stoked widespread public anger and suspicion of the government's high-speed rail plans. | Full Article Exxon profit up 41 percent, misses Street July 28, 2011 09:38 AM ET HOUSTON (Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, reported a higher quarterly profit that missed Wall Street estimates as its international refining business and output fell short. | Full Article James Murdoch faces BSkyB board, doubts about role July 28, 2011 08:22 AM ET LONDON (Reuters) - James Murdoch looks set to survive a board meeting of BSkyB on Thursday even as questions multiply from other quarters over whether his role in a phone-hacking scandal leave him a fit chairman of the satellite broadcaster. | Full Article Somalia rebels main block to aid: U.N. report July 28, 2011 09:35 AM ET NAIROBI (Reuters) - Rebels in Somalia -- where famine has been declared and 3.7 million people are going hungry -- burned food and medicine, and killed charity workers, as part of a long-running campaign of extortion against aid groups, according to a U.N. report. | Full Article BUSINESS NEWS Wall Street edges up after dip in jobless claims July 28, 2011 09:37 AM ET NEW YORK (Reuters) - Stock indexes rose on Thursday after weekly claims for unemployment benefits fell below a key level for the first time since early April, but the session was predicted to be volatile ahead of a key vote later in the day on a bill to cut the U.S. deficit. | Full Article Credit Suisse cuts 2,000 jobs as poor trading hurts results July 28, 2011 06:44 AM ET ZURICH (Reuters) - Swiss bank Credit Suisse is cutting about 2,000 jobs after weak trading activity and the strong Swiss franc hit second-quarter results. | Full Article Italy borrowing costs soar in volatile euro markets July 28, 2011 09:10 AM ET MILAN/LONDON (Reuters) - Italy's borrowing costs soared at a closely-watched bond auction on Thursday as investors worried by the euro zone debt crisis and an impasse over the U.S. debt ceiling exacted a high risk premium. | Full Article Latin America helps Colgate, Avon during U.S. slump July 28, 2011 09:34 AM ET CHICAGO (Reuters) - Big gains in Latin America covered up U.S. declines at Colgate-Palmolive Co and Avon Products Inc , as growth in the largest market for both U.S. companies offset slumps back at home. | Full Article Sprint inks LightSquared deal, shares fall July 28, 2011 08:57 AM ET NEW YORK (Reuters) - Sprint Nextel announced a $9 billion network contract but its shares fell 9 percent as investors were disappointed that the No. 3 U.S. mobile provider did not give a strategy for the future. | Full Article HEALTH NEWS Health bill to approach 20 percent of spending by 2020 Mobile use doesn't alter kids' cancer risk: study WHO renews push to cut hepatitis infections in babies in Asia Obama healthcare battle appealed to Supreme Court China to offer rewards for food safety informers RELATED VIDEO Baghdad blast kills one Wen visits site of train crash Norwegians mourn on the sixth day 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 U.S. man operates on himself with butter knife Full Article Jail guard guilty of serving up hacksaw blade Half of men would ditch woman who gained weight? City offers to turn dog poo into gold Hit UFO image was polystyrene, says forger Yard banner for U.S. Marine sparks legal tussle - 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