Business Today: Housing starts rise in November, but permits drop

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	12/16/2010
Good Morning Aron LATEST NEWS Housing starts rise in November, but permits drop WASHINGTON (Reuters) - Housing starts rose slightly more than expected in November, but a surprise drop in permits for future home construction to a 1-1/2 year low indicated continued weakness in the housing market even as the economic recovery gains traction. | Full Article Futures turn flat after FedEx results December 16, 2010 08:24 AM ET NEW YORK (Reuters) - Stock index futures turned flat on Thursday, giving up some gains after economic bellwether FedEx reported quarterly results that missed expectations. | Full Article EU leaders to be warned debt crisis is "systemic" December 16, 2010 08:26 AM ET BRUSSELS/BERLIN (Reuters) - European Union leaders will be warned on Thursday that a rolling debt crisis poses a systemic threat to the euro zone as they seek to paper over divisions at a summit on how to restore confidence. | Full Article Obama's $858 billion tax-cut plan heads to House December 16, 2010 07:01 AM ET WASHINGTON (Reuters) - A deal that President Barack Obama struck with Republicans to extend tax cuts for nearly every working American and spur job growth moves to the House of Representatives for passage as early as Thursday. | Full Article Basel regulators give some countries extra leeway December 16, 2010 06:18 AM ET LONDON (Reuters) - Global regulators said on Thursday that banks in low debt countries like Australia and Denmark will get more leeway to comply with tough new liquidity rules. | Full Article US TOP NEWS Despite bloodshed, U.S. reports Afghanistan progress December 16, 2010 07:17 AM ET WASHINGTON (Reuters) - A White House review of President Barack Obama's Afghanistan war strategy reported on Thursday that allied forces are making headway against the Taliban and al Qaeda but that serious challenges remain. | Full Article BP investors spooked by oil spill lawsuit December 16, 2010 07:45 AM ET LONDON (Reuters) - Oil giant BP was the biggest faller on Britain's blue-chip board on Thursday, as investors fretted that a U.S. government lawsuit may mean the cost of its oil spill will be far higher than predicted. | Full Article Special Report: Is America the sick man of the globe? December 16, 2010 08:23 AM ET SAGINAW, Michigan (Reuters) - Not long ago, if you wanted steak for lunch at the Texan Restaurant, less than two minutes drive from the Nexteer Automotive assembly plant, you had to be in the door by 11 o'clock in the morning. If you arrived any later, you joined a long line with other laggards and waited for a table to open up. | Full Article UK court upholds bail for WikiLeaks' Assange December 16, 2010 08:12 AM ET LONDON (Reuters) - London's High Court on Thursday upheld the decision to grant bail to WikiLeaks' founder Julian Assange, who is fighting extradition to Sweden over allegations of sex crimes. | Full Article Special Report: Seven Samurai of new Japan Inc December 16, 2010 07:37 AM ET TOKYO (Reuters) - For decades, their ability to sell masses of cars and oodles of televisions was how corporate Japan, and its government at home, benchmarked its progress in conquering overseas markets. | Full Article HEALTH NEWS German doctors declare "cure" in HIV patient FDA uncovers more problems at J&J Fort Washington plant FDA panel urges new look at "silver" teeth fillings Tainted food sickens 48 mln each year: CDC Deaths from heart disease down 28 pct: AHA RELATED VIDEO US, China make progress on trade Asia's Rice Bowl Half Empty Tax extension passes U.S. Senate 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 "Whatever" voted most irritating word in poll Full Article Embalmed head of France's King Henri IV found Online flirting: it's all about lip service Arizona teacher claims $95.3 million lottery jackpot Fireman admits causing farmer's death with siren Soldier jailed for stealing Israeli army chief's gun - 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