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U.S. Top News Early Edition: Lawmakers optimistic about deal on tax cuts

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Good Morning Omss, MON 06 Dec 2010 
 
Lawmakers optimistic about deal on tax cuts
Bernanke: More Fed bond buys "certainly possible"
WikiLeaks lists sites U.S. says vital to interests
China's Hu tells Obama Korea tension could go
Continental, welder guilty in Concorde crash trial
Major powers, Iran resume nuclear talks
China's GDP is "man-made," unreliable: top leader
Pfizer CEO Jeffrey Kindler retires, replaced by Read
Merkel rebuffs IMF call to raise euro zone fund
Japan defense plan wary of China's military: report


Lawmakers optimistic about deal on tax cuts
December 06, 2010 08:13 AM ET
WASHINGTON (Reuters) - Senior lawmakers said on Sunday they were optimistic about striking a deal to extend Bush-era tax cuts for all taxpayers and continue emergency jobless aid for millions of long-term unemployed Americans.

Full Article
Bernanke: More Fed bond buys "certainly possible"
December 06, 2010 08:36 AM ET
WASHINGTON (Reuters) - The Federal Reserve could end up buying more than the $600 billion in U.S. government bonds it has committed to purchase if the economy fails to respond or unemployment stays too high, Fed Chairman Ben Bernanke said.

Full Article
WikiLeaks lists sites U.S. says vital to interests
December 06, 2010 08:20 AM ET
LONDON (Reuters) - Website WikiLeaks published details of sites around the globe which the United States deems vital to its interests, prompting criticism that it is helping militants identify targets for attack.

Full Article
China's Hu tells Obama Korea tension could go
December 06, 2010 09:25 AM ET
BEIJING/SEOUL (Reuters) - Chinese President Hu Jintao on Monday warned U.S. President Barack Obama that tensions on the Korean peninsula could spiral out of control if not dealt with properly, their first discussion on the issue since the North shelled the South nearly two weeks ago. Analysts said Hu's comments showed a greater sense of urgency in the Chinese leadership over the mounting tension and also an attempt to avoid the perception that Beijing is siding with its ally Pyongyang to face of

Full Article
Continental, welder guilty in Concorde crash trial
December 06, 2010 08:57 AM ET
PONTOISE, France (Reuters) - A French court Monday found Continental Airlines and a mechanic at the airline guilty of involuntary manslaughter for their part in the 2000 Concorde crash that spelled the end of the supersonic airliner.

Full Article
Major powers, Iran resume nuclear talks
December 06, 2010 07:53 AM ET
GENEVA (Reuters) - Six world powers began their first talks with Iran in more than a year on Monday, hoping the meeting will lead to new negotiations over a nuclear program the West believes is aimed at making atomic bombs.

Full Article
China's GDP is "man-made," unreliable: top leader
December 06, 2010 08:29 AM ET
BEIJING (Reuters) - China's GDP figures are "man-made" and therefore unreliable, the man who is expected to be the country's next head of government said in 2007, according to U.S. diplomatic cables released by WikiLeaks.

Full Article
Pfizer CEO Jeffrey Kindler retires, replaced by Read
December 06, 2010 01:25 AM ET
NEW YORK (Reuters) - The chief executive officer of Pfizer Inc,, the world's largest drugmaker, retired in an unexpected move to "recharge his batteries" after completing the mega merger with rival Wyeth.

Full Article
Merkel rebuffs IMF call to raise euro zone fund
December 06, 2010 08:12 AM ET
BRUSSELS (Reuters) - Euro zone finance ministers meeting on Monday face IMF pressure to increase the size of a 750 billion euro ($1,006 billion) safety net for debt-stricken members to halt contagion in the single currency bloc.

Full Article
Japan defense plan wary of China's military: report
December 06, 2010 07:09 AM ET
TOKYO (Reuters) - Japan will identify North Korea as a threat and call China's military activities a concern in a review of its defense policy that will include plans to beef up its ability to cope with Beijing's rise, a newspaper reported on Monday.

Full Article
 
 











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