U.S. Top News Early Edition: Obama faces looming budget fight with Republicans

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	01/26/2011
Good Morning Aron LATEST NEWS Obama faces looming budget fight with Republicans WASHINGTON (Reuters) - President Barack Obama on Wednesday faced a looming battle with Republicans over deficit reduction and government spending despite his efforts to set a conciliatory tone in his State of the Union speech. | Full Article Egypt bans protests seeking end to Mubarak rule January 26, 2011 09:03 AM ET CAIRO (Reuters) - Egypt said on Wednesday it was banning demonstrations and quickly dispersed protesters who tried to gather, seeking to draw a line under unprecedented protests against President Hosni Mubarak's rule. | Full Article Toyota recalls 1.7 million vehicles as quality woes mount January 26, 2011 07:13 AM ET TOKYO (Reuters) - Toyota Motor Corp said it would recall more than 1.7 million vehicles worldwide, bringing its total for recalls to nearly 16 million since late 2009 and dealing a blow to its efforts to restore its reputation for quality. | Full Article Lehman Brothers amends bankruptcy plan January 26, 2011 07:32 AM ET WILMINGTON, Delaware (Reuters) - Bankrupt financial company Lehman Brothers Holdings Inc proposed a new plan for divvying up billions of dollars among its creditors and offered a bigger payment to bondholders, provided they sign on. | Full Article Boeing profit slips; shares down on 2011 outlook January 26, 2011 08:59 AM ET CHICAGO (Reuters) - Boeing Co's quarterly profit slipped on fewer commercial airplane deliveries and its shares fell 3.3 percent in premarket trade on a disappointing earnings outlook for 2011. | Full Article BUSINESS NEWS Higher open seen after Obama speech, Boeing weighs January 26, 2011 08:53 AM ET NEW YORK (Reuters) - Stock index futures pointed to a modestly higher open on Wednesday, hours after U.S. President Barack Obama called for a lower corporate tax rate to boost the economy, but weakness in Boeing looked to limit gains. | Full Article Fed likely to hold easing course, note improvement January 26, 2011 08:01 AM ET WASHINGTON (Reuters) - The Federal Reserve is expected to nod to an improving U.S. economic outlook on Wednesday even as it reaffirms a plan to buy $600 billion in government debt to help speed recovery. | Full Article Cautious CEOs counting on BRICs for growth January 26, 2011 09:35 AM ET DAVOS, Switzerland (Reuters) - Global chief executives pinned their hopes on roaring growth in emerging markets at the start of the annual Davos forum on Wednesday but warned that rising inflation and political risks cast a shadow. | Full Article Barclays to cut 1,000 UK retail banking jobs January 26, 2011 08:56 AM ET LONDON (Reuters) - British bank Barclays Plc is to cut about 1,000 UK jobs as it stops offering financial planning advice in its branches. | Full Article Xerox's profit falls, CFO to retire January 26, 2011 08:16 AM ET NEW YORK (Reuters) - Xerox Corp's profit fell due to restructuring charges in the fourth-quarter and its chief financial officer plans to retire next month. | Full Article HEALTH NEWS Smoking explains why Americans don't live longer Cholera causing more deaths, experts urge vaccination New U.S. analysis backs annual breast screening Industry debuts new U.S. food labels, critics pan Fewer die after treatment at stroke centers: study RELATED VIDEO Obama strikes centrist tone Jackson doctor pleads not guilty Yahoo warns of weak Q1 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 Woman survives fall from 23rd floor Full Article Social networking leads to sex faster? SPLATNAV! UK pensioners drive into German church Purported JFK ambulance sold for $120,000 at auction Popularity of vampires spawns subculture, scholar says - 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