U.S. Top News Early Edition: Strauss-Kahn faces home hurdle as U.S. woes ease

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	07/5/2011
Good Morning Aron LATEST NEWS Strauss-Kahn faces home hurdle as U.S. woes ease PARIS (Reuters) - Former IMF chief Dominique Strauss-Kahn inched closer on Tuesday to having U.S. sex assault charges against him dropped although a complaint of assault in France could pose a further hurdle to any political comeback. | Full Article 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 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 Pressure on Murdoch over new hacking allegation July 05, 2011 09:28 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 BUSINESS NEWS Wall St set to drop at open after five-day run July 05, 2011 08:50 AM ET NEW YORK (Reuters) - Stock index futures were poised for a slightly lower open on Tuesday before factory orders data and after stocks had their best week in two years last week, leaving the market primed for a decline. | 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 Bombardier to cut 1,400 jobs in UK July 05, 2011 07:44 AM ET LONDON (Reuters) - Canadian train maker Bombardier is cutting more than 1,400 jobs at its plant in Derby, central England, after losing out to German group Siemens in a competition to upgrade rolling stock on the Thameslink cross-London railway. | Full Article Energy Transfer raises offer for Southern Union July 05, 2011 09:26 AM ET NEW YORK (Reuters) - Pipeline operator Energy Transfer Equity LP sweetened its deal for rival Southern Union 21 percent to about $5 billion, as it works to muscle out a competing offer from Williams Companies Inc . | 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 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 One dead in Kinshasa protest Floods cut southern China highways U.S. tourists in boat accident 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