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U.S. Top News Early Edition: Obama sets in motion U.S. pullout from Afghanistan

Reuters
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06/23/2011
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Obama sets in motion U.S. pullout from Afghanistan
WASHINGTON/KABUL (Reuters) - President Barack Obama announced a phased pullout of troops to end a costly war in Afghanistan, but the country faced fresh turmoil after a court overturned results from last year's fraud-tainted parliament election. | Full Article
Jobless claims rise more than expected
June 23, 2011 08:53 AM ET
WASHINGTON (Reuters) - New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, suggesting little improvement in the labor market this month after employment stumbled in May. | Full Article
EU to pressure Greece amid bank rollover talks
June 23, 2011 08:39 AM ET
BRUSSELS/ATHENS (Reuters) - European Union leaders will pile pressure on Greece at a summit on Thursday to adopt deeply unpopular austerity measures in return for fresh funds to avert a bankruptcy that could shake the global economy. | Full Article
IEA announces 60 million barrel oil stock release
June 23, 2011 09:33 AM ET
PARIS (Reuters) - The International Energy Agency will release 60 million barrels of oil from strategic government stockpiles held by industrialized consumer nations in a bid to push down oil prices, the 28-member group announced on Thursday. | Full Article
Syrian troops near Turkey border as refugees flee
June 23, 2011 08:58 AM ET
AMMAN, Jun (Reuters) - Syrian troops massed near the Turkish border, witnesses said on Thursday, raising tensions with Ankara as President Bashar al-Assad uses increasing military force against a popular revolt. | Full Article
BUSINESS NEWS
Wall Street drops at open on economic concerns, oil
June 23, 2011 09:37 AM ET
NEW YORK (Reuters) - Stocks dropped more than 1 percent at the open on Thursday after the latest data on the labor market further confirmed investor fears of a slowdown in the economy. | Full Article
LSE bid on knife edge as TMX battle heats up
June 23, 2011 09:04 AM ET
LONDON (Reuters) - The London Stock Exchange faces a nail-biting fight for Canadian peer TMX Group after aggressive rival bidder Maple trumped its sweetened offer by a whisker overnight. | Full Article
Discover beats forecasts, profit more than doubles
June 23, 2011 09:15 AM ET
NEW YORK (Reuters) - Discover Financial Services said on Thursday that quarterly profit more than doubled, beating expectations, as customers spent more on their credit cards and the company started to reap the benefits of its expansion beyond credit card lending. | Full Article
Walgreen CFO: Better off without Express Scripts
June 23, 2011 09:32 AM ET
NEW YORK (Reuters) - Walgreen Co Chief Financial Officer Wade Miquelon said on Thursday that the drugstore chain's decision to end its agreement with pharmacy benefits management (PBM) company Express Scripts Inc was not a bargaining tactic but a "principled stand." | Full Article
European Parliament endorses Draghi as ECB president
June 23, 2011 07:36 AM ET
BRUSSELS (Reuters) - The European Parliament formally endorsed Italy's Mario Draghi to be the next president of the European Central Bank on Thursday. | Full Article
HEALTH NEWS
Women can't keep breast implants for life: FDA
Study finds autistic toddlers' brains out of sync
B vitamins in pregnancy not tied to baby's asthma
More evidence air pollution may be a heart risk
Bristol/Pfizer stroke prevention data wow market
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