U.S. Top News Early Edition: GM profit nearly doubles on stronger pricing

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	08/4/2011
Good Morning Omss LATEST NEWS GM profit nearly doubles on stronger pricing DETROIT (Reuters) - General Motors Co's quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales globally and raised prices on its vehicles. | Full Article Jobless claims edge down last week August 04, 2011 09:28 AM ET WASHINGTON (Reuters) - New claims for unemployment benefits were little changed last week, a government report showed on Thursday, pointing to a marginal improvement in the labor market. | Full Article Special report: How Washington took the U.S. to the brink August 04, 2011 08:03 AM ET WASHINGTON (Reuters) - The world's largest economy was headed toward an unprecedented default, and all Washington wanted to talk about was the manner in which the president had left a room. | Full Article Kraft's Rosenfeld breaking up food giant she built August 04, 2011 08:21 AM ET NEW YORK (Reuters) - Kraft Foods Inc CEO Irene Rosenfeld is breaking up the food giant she helped create through multibillion-dollar deals, with a plan to split Oreo cookies and Cadbury chocolates from Kraft cheese and other groceries. | Full Article Japan acts to tame yen, follows Swiss move August 04, 2011 09:27 AM ET TOKYO (Reuters) - Japan sold one trillion yen ($12.5 billion) and loosened its monetary reins on Thursday, joining Switzerland in efforts to tame currencies buoyed by safe-haven demand from investors fretting about the deteriorating health of the global economy. | Full Article BUSINESS NEWS Wall Street opens 1 percent lower on growth fears August 04, 2011 09:37 AM ET NEW YORK (Reuters) - Major stock indexes tumbled more than 1 percent at the open on Thursday, resuming their downturn after a labor market report became the latest datapoint to show the economy has stalled. | Full Article ECB buying bonds, increases liquidity to banks August 04, 2011 09:38 AM ET FRANKFURT (Reuters) - The European Central Bank signaled on Thursday that it was buying government bonds in response to a deepening debt crisis as it also offered a new round of liquidity to banks. | Full Article Hitachi, Mitsubishi edge towards groundbreaking merger August 04, 2011 07:44 AM ET TOKYO (Reuters) - Hitachi Ltd and Mitsubishi Heavy Industries Ltd have begun talks on what would be Japan's biggest domestic merger, three sources said, heralding a long awaited shake-up of the nation's industrial behemoths. | Full Article Chains win shoppers, July sales with discounts August 04, 2011 08:36 AM ET NEW YORK (Reuters) - Deep discounts and the warmest July weather in decades brought shoppers to malls, helping many retail chains report healthy monthly sales increases at established stores. | Full Article Insight: CEOs warned: mind the pay gap August 04, 2011 08:00 AM ET LONDON (Reuters) - A stuttering economy and anemic profit growth means company bosses' pay is unlikely to rise as fast this year as in 2010, but complaints from politicians and disgruntled shareholders over executive rewards are not going away. | Full Article HEALTH NEWS Childhood hardship tied to adulthood disease risks Self-medication of anxiety tied to later drug abuse Teenage brides suffer pain and shame of fistula Pfizer interested in over-the-counter Lipitor: report Tea Party groups see Medicare overhaul chance RELATED VIDEO Syrians protest despite crackdown Somalis flee famine and conflict Japan and China brace for typhoon 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 Stop wearing bunny suit, police tell Idaho man Full Article Bears saved from forced vodka drinking Bra chain record comes apart at the seams To start life afresh, Thais "practice" death Rate your priest on new Website - 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