U.S. Top News Early Edition: Obama to unveil plan to withdraw troops from Afghanistan

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	06/22/2011
Good Morning Omss LATEST NEWS Obama to unveil plan to withdraw troops from Afghanistan WASHINGTON (Reuters) - President Barack Obama was set to unveil on Wednesday his plan to start bringing U.S. troops home from Afghanistan, a first step toward ending a decade-long war that is increasingly unpopular in the United States. | Full Article Fed seen dialing down GDP forecasts June 22, 2011 09:33 AM ET WASHINGTON (Reuters) - The Federal Reserve will likely nod to renewed weakness in the U.S. economy in a post-meeting policy statement on Wednesday, but don't expect policymakers to do anything about it any time soon. | Full Article PIMCO's El-Erian predicts Greece, others will default June 22, 2011 08:00 AM ET TAIPEI (Reuters) - The head of PIMCO, the world's biggest bond fund, predicted that Greece and other European economies would default on their debts to resolve their problems as the euro area deals with its debt crisis. | Full Article FedEx profit rises, sees robust 2012 June 22, 2011 08:43 AM ET NEW YORK (Reuters) - FedEx Corp reported a strong fourth-quarter profit on Wednesday despite fuel and economic challenges and forecast robust 2012 earnings, sending its shares up 3 percent in premarket trading. | Full Article Pressure stays on Greeks to avoid default June 22, 2011 09:17 AM ET ATHENS (Reuters) - Europe kept up the pressure on Greece to push forward with a painful austerity program on Wednesday after the government jumped a crucial hurdle in averting the euro zone's first debt default. | Full Article BUSINESS NEWS Wall Street set for slightly lower open; Fed decision eyed June 22, 2011 08:52 AM ET NEW YORK (Reuters) - Stocks were set for a lower open on Wednesday as investors were cautious about the direction the Federal Reserve would take to deal with renewed weakness in the economy. | Full Article Airbus set to unveil record plane order June 22, 2011 09:34 AM ET LE BOURGET, France, June 22 - Airbus was set to announce a record $16 billion plane order at the Paris Air Show on Wednesday as the EADS unit racks up sales of a revamped version of its top-selling single-aisle aircraft. | Full Article Mortgage applications declined last week: MBA June 22, 2011 09:04 AM ET NEW YORK (Reuters) - Applications for home mortgages fell last week, after a sharp bounce the week before, as refinance demand dropped and interest rates rose, an industry group said on Wednesday. | Full Article Transocean report pins oil spill blame on BP June 22, 2011 08:51 AM ET NEW YORK (Reuters) - Transocean Ltd, the owner of the oil drilling rig that exploded and sank in the Gulf of Mexico last year, blamed BP Plc in a report released on Wednesday for decisions that led to the disastrous oil spill. | Full Article States close to deal with big tobacco companies: report June 22, 2011 08:41 AM ET (Reuters) - Big cigarette makers could recoup $2 billion under a proposed deal with state attorneys general to resolve a long-running dispute over payments required by the landmark 1998 tobacco settlement, the Wall Street Journal reported. | Full Article HEALTH NEWS U.S. releases graphic tobacco warning labels Oregon worker sues over sex change insurance denial Merck KGaA pulls plug on cladribine on FDA feedback Senators probe Medtronic and surgeons: report Doctors seek standardized patient records RELATED VIDEO Chilean ash causes further chaos Air strike hits Gaza chicken farm Greek vote buoys Asian markets A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Boeing rights a wrong: the flight attendant button Full Article Study: Women dig dudes driving hot cars Ice cream chain sues over TV report criticizing product Village bites into snake business Thousands in Portland take to bikes for naked ride Erection-boosting condom gets EU backing - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend