U.S. Top News Early Edition: Jobless claims add hope to labor outlook

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Good Morning Omss, THU 09 Sep 2010    Jobless claims add hope to labor outlook India leads calls for action to stop Koran burning Health reforms trigger spending shift British MPs to grill BP CEO Hayward Obama says planned Koran burning is boosting Qaeda Economists cut U.S. growth forecast again U.S. slips in WEF's competitiveness rankings Mysterious N.Korea keeps world guessing on rare meeting Afghanistan seeks to dilute foreign anti-graft role Google seeks to speed up Web searches Petraeus asks pastor to stop Mexico arrests suspected drug kings Gunmen attack Honduran shoe factory Jobless claims add hope to labor outlook September 09, 2010 09:20 AM ET WASHINGTON (Reuters) - New claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery. Full Article India leads calls for action to stop Koran burning September 09, 2010 08:06 AM ET KABUL (Reuters) - India led calls on Thursday for the United States to intervene to halt a small church's plan to burn copies of the Koran in commemoration of the September 11 attacks and urged a media blackout to calm tensions. Full Article Health reforms trigger spending shift September 09, 2010 08:10 AM ET WASHINGTON (Reuters) - New U.S. reforms are poised to dramatically shift the nation's healthcare spending, not only curbing Medicare costs but also pumping more money toward the private sector as roughly 32 million people gain coverage. Full Article British MPs to grill BP CEO Hayward September 09, 2010 07:46 AM ET LONDON (Reuters) - British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks around deepwater drilling in the North Sea. Full Article Obama says planned Koran burning is boosting Qaeda September 09, 2010 09:12 AM ET WASHINGTON (Reuters) - President Barack Obama warned on Thursday that a Florida pastor's plan to burn copies of the Koran is being used as an al Qaeda recruitment tool and he urged the minister to reconsider the decision. Full Article Economists cut U.S. growth forecast again September 09, 2010 09:25 AM ET WASHINGTON (Reuters) - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists. Full Article U.S. slips in WEF's competitiveness rankings September 09, 2010 05:22 AM ET BEIJING (Reuters) - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth after losing the top spot last year, according to the World Economic Forum's annual rankings issued on Thursday. Full Article Mysterious N.Korea keeps world guessing on rare meeting September 09, 2010 05:21 AM ET SEOUL (Reuters) - North Korea's capital is ready for its biggest political event in decades: giant billboards proclaim an event to make the country's "history shine forever," the dress rehearsals are complete and the army is ready. Full Article Afghanistan seeks to dilute foreign anti-graft role September 09, 2010 05:26 AM ET KABUL (Reuters) - Afghanistan will limit foreign involvement in two major anti-crime units in a move likely to worry its Western backers and stoke fears about President Hamid Karzai's commitment to fighting endemic graft. Full Article Google seeks to speed up Web searches September 08, 2010 07:27 PM ET SAN FRANCISCO (Reuters) - Google Inc's search engine now displays results before users finish typing. Full Article

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