Business Today: Stock futures down on U.S. credit downgrade worries

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	08/2/2011
Good Morning Aron LATEST NEWS Stock futures down on U.S. credit downgrade worries NEW YORK (Reuters) - Wall Street equity futures were lower on Tuesday as a last-minute congressional deal to raise the U.S. debt ceiling failed to ease worries about a possible U.S. credit downgrade as questions lingered over the economy's strength. | Full Article Debt battle set to draw to close, for now August 02, 2011 08:21 AM ET WASHINGTON (Reuters) - The United States is poised to step back from economic disaster on Tuesday when a bitterly fought deal to cut the budget deficit is expected to clear its final hurdles. | Full Article June consumer spending in first decline in nearly 2 years August 02, 2011 08:36 AM ET WASHINGTON (Reuters) - Consumer spending unexpectedly fell in June to post the first decline in nearly two years as incomes barely rose, a government report showed, suggesting economic growth could remain subdued in the third quarter. | Full Article Italy under fire in widening euro debt crisis August 02, 2011 08:32 AM ET ROME (Reuters) - Financial market pressure on Italy intensified on Tuesday, sucking Europe's biggest debtor nation deeper into the euro area danger zone and prompting Italian authorities to call emergency talks. | Full Article Toyota cautious on forecast after quake hits results August 02, 2011 07:42 AM ET TOKYO (Reuters) - Toyota Motor Corp raised its annual profit forecast to a level well below market estimates, warning the stronger yen was hobbling it in the battle against South Korean rivals as it races to restore quake-hit production. | Full Article US TOP NEWS Syria death toll rises, Italy recalls envoy August 02, 2011 08:19 AM ET AMMAN (Reuters) - The death toll in Syria's violent crackdown on opposition to President Bashar al-Assad in the city of Hama and elsewhere climbed on Tuesday, spurring Western efforts to pile diplomatic pressure on Damascus. | Full Article Pfizer profit rises, buoyed by animal products August 02, 2011 08:36 AM ET NEW YORK (Reuters) - Pfizer Inc reported higher quarterly earnings, as higher sales of animal health and nutritional products that the company aims to divest helped offset falling sales of its core pharmaceuticals business. | Full Article War to go on even if NATO bombing ends: Gaddafi camp August 02, 2011 07:49 AM ET TRIPOLI/ZLITAN, Libya (Reuters) - Libyan leader Muammar Gaddafi's camp has vowed to push on with its war against rebels whether or not NATO stops its bombing campaign, leaving little room for diplomacy to end the five-month conflict. | Full Article Bombers target churches in northern Iraq: police August 02, 2011 08:15 AM ET KIRKUK, Iraq (Reuters) - A car bomb exploded near a Catholic Church in northern Iraq on Tuesday, injuring at least 16 people in part of a coordinated attack on Christian places of worship in the ethnically-mixed city of Kirkuk, a senior police official said. | Full Article Mubarak trial may scare Arab rulers, placate Egyptians August 02, 2011 07:40 AM ET CAIRO (Reuters) - Egypt's fallen leader, Hosni Mubarak, goes on trial Wednesday over his role in killing protesters, in a stark message to Arab rulers elsewhere that they too may one day be held to account. | Full Article HEALTH NEWS U.S. says insurers must fully cover birth control Acute-care hospitals to see higher Medicare payments Experts design soft, strong robot for healthcare facilities TV product placements termed junk food ad loophole Judge blocks Kansas law aimed at Planned Parenthood RELATED VIDEO Spain and Italy fight to halt runaway yields breaching 7 pct Breakingviews: Barclays' targets still look a stretch Metro CEO Eckhard Cordes outlines plan to revive sales 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 Drunk father lets 8-year-old son drive pickup? Full Article Lingerie shops drag feet on deadline to hire women - 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