U.S. Top News Early Edition: Consumer spending tepid as inflation accelerates

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	05/27/2011
Good Morning Aron LATEST NEWS Consumer spending tepid as inflation accelerates WASHINGTON (Reuters) - Consumer spending rose modestly in April, starting the second quarter on a soft note as high gasoline prices continued to squeeze household finances and keep inflation pressures simmering. | Full Article G8 pledges initial $20 billion to foster Arab Spring May 27, 2011 08:40 AM ET DEAUVILLE, France (Reuters) - Group of Eight leaders promised $20 billion in aid to Tunisia and Egypt on Friday and held out the prospect of billions more to foster the Arab Spring and the new democracies emerging from popular uprisings. | Full Article Greeks hold crunch austerity talks amid aid threat May 27, 2011 07:48 AM ET ATHENS (Reuters) - Greece's prime minister held talks with opposition leaders on Friday in a last-ditch attempt to win their support for more austerity and free up EU/IMF aid needed to avert a debt default. | Full Article Ratko Mladic to face tribunal on genocide charges May 27, 2011 09:16 AM ET BELGRADE (Reuters) - Bosnian Serb wartime general Ratko Mladic will face trial on genocide charges in The Hague following his arrest in Serbia after 15 years at large, with European officials expecting his extradition within 10 days. | Full Article British PM strongly supports Lagarde for IMF head May 27, 2011 09:28 AM ET DEAUVILLE, France (Reuters) - Britain strongly backs French Finance Minister Christine Lagarde as an outstanding candidate for managing director of the International Monetary Fund, British Prime Minister David Cameron said on Friday. | Full Article BUSINESS NEWS Wall Street gains as dollar lifts commodities May 27, 2011 09:37 AM ET NEW YORK (Reuters) - Wall Street opened higher on Friday as the dollar fell, giving a boost to commodities, while data showed personal income rose in April. | Full Article G8 says world economy gaining strength, eyes debt May 27, 2011 03:37 AM ET DEAUVILLE, France (Reuters) - The Group of Eight leaders agreed on Friday that the global economy recovery was becoming more "self-sustained," although higher commodity prices were hampering further growth. | Full Article Yandex over-allotment option takes IPO to $1.43 billion May 27, 2011 08:19 AM ET MOSCOW (Reuters) - Yandex said on Friday the underwriters of its recent blockbuster Nasdaq IPO had exercised an over-allotment option in full, bringing the total raised to $1.43 billion. | Full Article EBay and PayPal sue Google over trade secrets May 26, 2011 10:50 PM ET NEW YORK (Reuters) - EBay and its online payment unit, PayPal Inc, on Thursday sued Google Inc and two executives for stealing trade secrets related to mobile payment systems. | Full Article Hopes of softer capital rules lift European banks May 27, 2011 08:31 AM ET BRUSSELS/PARIS (Reuters) - European bank shares rose Friday on hopes that new international capital rules for lenders would be applied with a lighter touch in the European Union as Germany and France demand more leeway. | Full Article HEALTH NEWS Impasse over taxes, health in debt talks Vermont moving toward single-payer health care Roche upbeat on Avastin in ovarian cancer U.S. jury finds Novartis not liable for jaw disease No heart benefit seen in adding niacin to statin RELATED VIDEO Thousands of Greeks protest into the night Clinton in Pakistan visit Shuttle program's final spacewalk 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 FBI says "mullet bandit" holds up another bank Full Article Phone app tells tales on murderer Brooding men, smiling women seen as sexy? Metro cans French music after complaints Warning: Walking on a Florida street may be dangerous Judgment Day forecaster points to new doomsday date - 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