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NEWSWEEK: What Mattered Most This Week

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N December 10, 2010
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NEWSWEEK.COM What Mattered Most This Week
 
WEEK OF: DEC. 4-10, 2010  
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2010: The Year in Celebrity Dolls
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U.S. Top News Early Edition: Obama weighs effort to overhaul tax code

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12/10/2010
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LATEST NEWS
Obama weighs effort to overhaul tax code
WASHINGTON (Reuters) - Democrats and Republicans should begin a conversation next year about a broad overhaul of the tax code that would involve lowering rates while eliminating tax breaks for favored groups, President Barack Obama said in an interview broadcast on Friday. | Full Article
Activists target payment site, deny plotting harm
December 10, 2010 09:31 AM ET
LONDON (Reuters) - Cyber activists striking at companies seen as enemies of WikiLeaks tried to block the website of online payment firm Moneybookers on Friday but denied their campaign was intended to damage economic activity. | Full Article
Jailed Chinese dissident awarded Nobel
December 10, 2010 09:32 AM ET
OSLO (Reuters) - Chinese dissident Liu Xiaobo was awarded the Nobel Peace Prize in an Oslo ceremony derided by Beijing as a political farce, and dedicated it from his prison cell to the "lost souls" of the 1989 Tiananmen Square crackdown. | Full Article
Defense chief keeps pushing for repeal of gay ban
December 10, 2010 06:34 AM ET
ABOARD A U.S. MILITARY AIRCRAFT (Reuters) - Defense Secretary Robert Gates urged Congress on Friday to lift a ban on gays serving openly in the military, saying he was disappointed by the Senate's failure to act this week and fearful of leaving the issue to the uncertainty of the courts. | Full Article
China raises bank reserves again, more seen
December 10, 2010 07:34 AM ET
BEIJING (Reuters) - China's central bank on Friday raised the amount of money that lenders must keep on reserve for the third time in one month, following a spate of robust data that raised the case for policy tightening. | Full Article
BUSINESS NEWS
Wall St rises at open after Chinese data
December 10, 2010 09:36 AM ET
NEW YORK (Reuters) - Stocks rose at the open on Friday, boosted by encouraging data out of China and as a two-year high in the S&P 500 had investors betting on a year-end rally. | Full Article
QE2 fragmenting global markets: Stiglitz
December 10, 2010 09:01 AM ET
SANTIAGO (Reuters) - The Federal Reserve's QE2 bond-buying plan is leading to the fragmentation of global markets, and a second U.S. stimulus package is needed for the U.S. economy, Nobel Prize winning economist Joseph Stiglitz told a conference in Chile on Friday. | Full Article
Trade gap narrows more than expected in October
December 10, 2010 09:19 AM ET
WASHINGTON (Reuters) - The U.S. trade deficit narrowed much more than expected in October, as exports rose a robust 3.2 percent and imports declined slightly in the face of slackening demand for industrial and petroleum products, a Commerce Department report showed on Friday. | Full Article
Apple suppliers point to new camera-toting iPad in 2011
December 10, 2010 03:11 AM ET
HONG KONG/TAIPEI (Reuters) - Component suppliers for Apple Inc's iPad are gearing up for a new round of production in the first quarter, sources said on Friday, with one saying the product will be a revamp of the popular tablet computer including front- and back-mounted cameras. | Full Article
Citi names Orszag global banking vice chairman
December 09, 2010 03:55 PM ET
CHARLOTTE, North Carolina (Reuters) - Citigroup Inc appointed on Thursday president Barack Obama's former budget director as a global banking vice chairman. | Full Article
HEALTH NEWS
Cycling may have impact on sperm health: study
Tobacco smoke causes immediate damage: U.S. report
Pfizer pulls Thelin from market due to liver injury
U.S. life expectancy falls slightly in 2008
J&J "Softchews" recall grows as wood, metal found
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