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U.S. Top News Early Edition: Third-quarter growth revised up to 2.6 percent

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12/22/2010
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LATEST NEWS
Third-quarter growth revised up to 2.6 percent
WASHINGTON (Reuters) - Economic growth was a touch higher than previously estimated in the third quarter, but below expectations as a rise in the pace of inventory accumulation was offset by downward revisions to consumer spending, a government report showed on Wednesday. | Full Article
Arms treaty with Russia nears Senate approval
December 22, 2010 08:48 AM ET
WASHINGTON (Reuters) - President Barack Obama wrapped up enough support on Tuesday to win Senate approval for a strategic nuclear arms pact with Russia later this week, a key step in his drive to improve ties with Moscow and curb atomic weapons proliferation. | Full Article
South Korea army to hold huge drill, North silent
December 22, 2010 06:11 AM ET
SEOUL (Reuters) - South Korea announced land and sea military exercises on Wednesday including its largest-ever live-fire drill near North Korea just as tension on the peninsula was beginning to ease after Pyongyang's attack on a southern island. | Full Article
Deutsche Bank U.S. tax fraud deal opens floodgates
December 22, 2010 09:22 AM ET
FRANKFURT/ZURICH (Reuters) - Deutsche Bank's U.S. tax fraud settlement has heightened expectations of more deals being struck as American authorities target overseas banks in a crackdown on tax dodgers. | Full Article
U.S. moving to end ban on gays in military
December 22, 2010 07:19 AM ET
WASHINGTON (Reuters) - The Pentagon is drafting new rules that will allow gays and lesbians to serve openly for the first time, but it could be many months before a move that some top officers warn may endanger troops will finally take effect. | Full Article
BUSINESS NEWS
S&P 500 set to inch higher at open
December 22, 2010 09:17 AM ET
NEW YORK (Reuters) - S&P 500 stock index futures edged higher on Wednesday as traders looked to extend four days of gains that drove the S&P 500 to levels reached just before Lehman Brothers went bankrupt two years ago. | Full Article
Home loan demand drops, lowest in nearly 1 year
December 22, 2010 07:01 AM ET
NEW YORK (Reuters) - Mortgage applications tumbled to their lowest level in nearly a year as a six-week-long rise in interest rates took a significant toll on demand, an industry group said on Wednesday. | Full Article
Equity holdings end '10 at solid 65 percent: Reuters poll
December 22, 2010 09:08 AM ET
NEW YORK (Reuters) - Fund managers rebuilt their equity holdings in December to one of the highest points this year on signs of a swifter economic recovery, a Reuters poll showed on Wednesday. | Full Article
Collahuasi may struggle to find new export route
December 22, 2010 09:19 AM ET
SANTIAGO (Reuters) - The quest by Chile's Collahuasi copper mine to find a new route to resume shipments in the wake of a port accident that forced it to suspend exports may be hobbled by environmental and logistical problems at the closest alternative facility. | Full Article
Investors enter 2011 in bullish mood: Reuters poll
December 22, 2010 09:07 AM ET
LONDON (Reuters) - Investors are entering 2011 in a relatively bullish mood, raising equity holdings to a 10-month high, increasing exposure to high-yield credit and cutting back on government debt, Reuters polls showed on Wednesday. | Full Article
HEALTH NEWS
Health insurers face new rules over price hikes
Teen birthrate hits new low amid overall drop
Moms who take folic acid, iron have smarter kids
Many at high heart risk don't get enough drugs
Better HIV screening worthwhile in U.S., study finds
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Newser Daily Digest - Target Still Backing Anti-Gay Politicians

Newser Alert
Target Still Backing Anti-Gay Politicians

Target Still Backing Anti-Gay Politicians

(Newser) - Target continued to donate to anti-gay politicians after its CEO apologized for doing so and promised to investigate the retailer's political donation policy, an investigation by The Awl finds. A few politicians who support gay equality also received relatively small donations, but October filings with the Federal Election Commission show... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
I Spy Anna Chapman Nude in Playboy

I Spy Anna Chapman Nude in Playboy

(Newser) - Sexy Russian spy Anna Chapman is still thumbing her ... nose ... at the US and is appearing in all her seductive glory completely nude in Playboy. She didn't sit for a Playboy photo shoot, however—the photos were provided by a former boyfriend, reports the New York Daily News. Not that... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
Last-Ditch Move to Block 'Don't Ask' Repeal Fails

Last-Ditch Move to Block 'Don't Ask' Repeal Fails

(Newser) - A final Republican attempt to block the repeal of "Don't Ask Don't Tell" has failed and President Obama will sign the repeal into law today. Senate Minority Leader Mitch McConnell attempted to add an amendment to the defense bill that would have required all four military service chiefs to... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
Congress Protects Sharks Against 'Finning'

Congress Protects Sharks Against 'Finning'

(Newser) - Both the House and Senate have approved new protections for sharks, effectively outlawing the practice of "finning"—in which the shark is killed for its fin and the rest of the body discarded, reports the Washington Post . Thanks to big demand for shark fin soup in Asia, the... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
Nuclear Arms Treaty Clears Biggest Senate Hurdle

Nuclear Arms Treaty Clears Biggest Senate Hurdle

(Newser) - It looks like President Obama's full-court press on the New Start treaty will give him his top foreign policy priority of the year. The Senate today voted 67-28 to end debate on the nuclear arms pact with Russia, all but assuring final passage tomorrow. Democrats needed at least nine Republicans... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
States That Gained or Lost House Seats in Census

States That Gained or Lost House Seats in Census

(Newser) - Here's a look at the states that will either gain or lose seats in the House based on the new Census results , from the Wall Street Journal : Gainers: Texas, 4; Florida, 2; and six states with 1: Arizona, Georgia, Nevada, South Carolina, Utah, and Washington. Losers: New York and Ohio... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
With 9/11 Bill, Jon Stewart Steps Off the Sidelines

With 9/11 Bill, Jon Stewart Steps Off the Sidelines

(Newser) - Jon Stewart has always maintained he's a comedian, not a politician or an activist. But his stalwart advocacy of the 9/11 first responders bill—he may have single-handedly saved it—looks different. Stewart labeled the non-passage of the bill “an outrageous abdication of our responsibility” to the 9/11 responders.... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
Haley Barbour Finds Himself in (Another) Civil Rights Mess

Haley Barbour Finds Himself in (Another) Civil Rights Mess

(Newser) - Haley Barbour still hasn’t said whether he’ll run for president, but he’s already stirring up controversy thanks to a lengthy Weekly Standard profile in which he recalls his hometown of Yazoo City, Miss., fondly, and doesn’t remember the struggle for civil rights as being “that... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
Va. Pol: Screw Feds, Ban Gays From National Guard

Va. Pol: Screw Feds, Ban Gays From National Guard

(Newser) - The Commonwealth of Virginia is showing another sign of going rogue these days: Just days after Congress repealed DADT, a Republican lawmaker is calling for the state to ban gays from serving in the National Guard, reports the Richmond Times-Dispatch. Bob Marshall says the repeal amounts to a "social... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
Larry David: My Life Is Glorious Thanks to the Tax Cut

Larry David: My Life Is Glorious Thanks to the Tax Cut

(Newser) - The Bush tax cuts have been extended for the wealthiest earners, and one of those wealthy earners is Larry David. “There is a God!” the Seinfeld co-creator proclaims in an op-ed for the New York Times . “I’m the last person in the world I’d want... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
GOP Support Grows Ahead of START Vote

GOP Support Grows Ahead of START Vote

(Newser) - Things were looking bleak yesterday for the New START arms treaty—but that was yesterday. Following a closed-door meeting, GOP Sen. Scott Brown said he’d vote for the treaty and two other Republicans said they would likely support it, giving supporters enough votes to push it through as voting... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 
Napolitano: Homeland Security Is Working '24/7/364'

Napolitano: Homeland Security Is Working '24/7/364'

(Newser) - The head of Homeland Security wants Americans to know her team is working 24 hours a day, seven days a week, 364 days a year to protect us. So Janet Napolitano told Diane Sawyer in an interview last night, raising an important question: Which day is our anti-terror forces taking... More  »
Newser located this story for you on Wednesday, December 22, 2010 7:01 AM. The story matched your section(s) Politics.

 

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