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  |  | 01/3/2011 | 
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  |   |  | Good Morning Aron |   |   |   |              |   | BofA to take $3 billion mortgage settlement charge |   | January 03, 2011 08:10 AM ET |   | NEW YORK (Reuters) - Bank of America Corp agreed to settle outstanding  claims on poorly underwritten mortgages it sold to government  sponsored entities Fannie Mae and Freddie Mac, and said it will  put aside $3 billion in the fourth quarter related to the claims. | Full Article |    | Jobs trickle in. Whither workers? |   | January 02, 2011 03:10 PM ET |   | WASHINGTON (Reuters) - U.S. private employers have recorded 11  consecutive months of job gains, yet the number of people who  are so discouraged that they have given up searching for work  stands at an all-time high. | Full Article |    | Small business borrowing jumps again: PayNet |   | January 03, 2011 05:27 AM ET |   | CHICAGO (Reuters) - Borrowing by small U.S. businesses jumped  in November to the highest level in more than two years, PayNet  Inc reported on Monday, as entrepreneurs invested in their businesses  and did a better job of paying existing debts. | Full Article |  |    |   |  |   | US TOP NEWS |    | Obama aide: Debt limit fight could be "catastrophic" |   | January 03, 2011 04:45 AM ET |   | WASHINGTON (Reuters) - A fight over the budget loomed on Sunday  as a top aide to President Barack Obama warned of catastrophic  consequences if Republicans follow through on threats to reject  an increase in the nation's borrowing limit. | Full Article |    | Goldman, Digital Sky Technologies invest in Facebook: report |   | January 03, 2011 01:41 AM ET |   | BANGALORE (Reuters) - Facebook has raised $500 million from Goldman  Sachs and Russian Internet investment group Digital Sky Technologies  in a deal valuing the social networking site at $50 billion,  the New York Times reported citing people involved in the transaction. | Full Article |    | Australian floods submerge towns, coal exports hit |   | January 03, 2011 07:34 AM ET |   | GRACEMERE, Australia (Reuters) - Military aircraft ferried supplies  to an Australian town slowly sinking beneath swollen rivers  on Monday, as record flooding in the country's northeast severed  roads and ports, curtailing coal exports and devastating farmland. | Full Article |  |    |   |  |   | HEALTH NEWS |  |  |   |   |  |   | RELATED VIDEO |   |  |  |    |  |   |   |  |   | 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 |   |  |  |  |   |  |  | 
 
 
 
 
 
 
          
      
 
 
This blog offers a compilation of recent news and world events given by RSOE-Emergency and Disaster Information Service, Reuters News Agency, BBC News , CNN International and Al Jezeera News