Business Today: Stock futures jump 1 percent on relief over debt deal

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	08/1/2011
Good Morning Aron LATEST NEWS Stock futures jump 1 percent on relief over debt deal NEW YORK (Reuters) - Stock index futures surged more than 1 percent on Monday on relief over a deal in Washington to raise the debt ceiling, avoiding an unprecedented default. | Full Article HSBC sheds 30,000 jobs, posts surprise profit rise August 01, 2011 08:07 AM ET LONDON (Reuters) - HSBC will shed 30,000 jobs as it retreats from countries where it is struggling to compete, Europe's biggest bank said on Monday after it reported a surprise rise in first-half profit. | Full Article Honda raises profit, sales forecast on speedy recovery August 01, 2011 05:46 AM ET TOKYO (Reuters) - Honda Motor Co reported an unexpected quarterly profit and raised its annual outlook by more than a third, as Japan's No.3 automaker rebounded quickly from a severe parts shortage caused by the March 11 earthquake. | Full Article China central bank says inflation fight a policy priority August 01, 2011 03:21 AM ET BEIJING (Reuters) - China pledged to keep to a "prudent" monetary policy for the rest of the year to combat inflation, which is stubbornly fixed near a three-year high. | Full Article Europe, Asian factory growth stalls in July August 01, 2011 07:56 AM ET LONDON (Reuters) - Factories in Asia and Europe expanded in July at the weakest rate since major industrial powers were struggling through the 2009 recession, adding to concerns over world growth. | Full Article US TOP NEWS Lawmakers to vote on last-minute debt deal August 01, 2011 07:57 AM ET WASHINGTON (Reuters) - After months of vitriolic discord, Republican and Democratic lawmakers were expected to vote on Monday on a White House-backed deal to raise the U.S. borrowing limit and avert an unprecedented debt default. | Full Article Debt deal offers only small blessings for economy August 01, 2011 04:45 AM ET WASHINGTON (Reuters) - The tentative deal to avoid a crushing debt default is at best a mild relief for the U.S. economy that nearly stalled in the first half of the year and has yet to show signs of any realistic pickup. | Full Article White House: expiry of Bush tax cuts to spur reform July 31, 2011 10:14 PM ET WASHINGTON (Reuters) - White House officials said on Sunday the spending cuts laid out under a new deficit deal would not take effect until 2013 and the expiry of Bush-era tax cuts for the wealthiest Americans would spur broad tax reform. | Full Article Lawmakers reach into the past on budget deal July 31, 2011 09:44 PM ET WASHINGTON (Reuters) - Lawmakers reached into the past to find a way to enforce future budget cuts called for in the deal to raise the nation's $14.3 trillion debt limit, but history shows these enforcement mechanisms do not always work. | Full Article U.S. holds off on post-August 2 plan for moment July 31, 2011 10:10 PM ET WASHINGTON (Reuters) - The Treasury determined that it was not necessary on Sunday to unveil plans for how the government will pay its bills if Congress does not raise the debt cap by Tuesday. | Full Article HEALTH NEWS New drug regulator asks Congress for more power Gene discovered that raises asthma risk in blacks No need to fast before kids' cholesterol screening Can chewing more help you eat less? Myriad can patent breast cancer genes: court RELATED VIDEO Bunds are king but U.S. Treasuries essential to diversify Breakingviews: Bipartisan dislike of U.S. deal a good sign Inside the News: Relief on U.S. debt deal, downgrade eyed 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 Wild boars invade farms, attack pets Town asks mayor to quit after bar scuffle Southern U.S. distillery to legally sell moonshine - 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