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U.S. Top News Early Edition: High pressure on Sarkozy-Merkel euro zone talks

Reuters
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08/16/2011
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High pressure on Sarkozy-Merkel euro zone talks
PARIS (Reuters) - The leaders of France and Germany meet for high-pressure talks on Tuesday to discuss what further measures they can take to shore up investor confidence in the euro zone following a dramatic market sell-off last week. | Full Article
Slow German growth hits stocks, euro
August 16, 2011 07:20 AM ET
LONDON (Reuters) - Stagnant growth in Europe's powerhouse Germany knocked stocks lower on Tuesday and hit the euro, fuelling investor fears that the global economy is slowing more than expected. | Full Article
Housing starts fall less than expected in July
August 16, 2011 08:58 AM ET
WASHINGTON (Reuters) - Housing starts fell less than expected in July as builders broke ground on new multifamily units likely to meet demand for rental apartments, while permits for future construction dropped. | Full Article
Fitch affirms U.S. at AAA, outlook stable
August 16, 2011 09:36 AM ET
NEW YORK (Reuters) - Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's little more than a week ago. | Full Article
Zoellick: Governments should deal with global debt woes
August 16, 2011 06:59 AM ET
CANBERRA (Reuters) - The World Bank called for national governments to seek long-term debt curbs on Tuesday to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations. | Full Article
BUSINESS NEWS
Wall Street to resume slide as German economy stalls
August 16, 2011 09:30 AM ET
NEW YORK (Reuters) - Stocks were set to open lower on Tuesday after three days of gains as data showed sluggish German growth hobbled the euro zone, rekindling fears over a stagnant global economy. | Full Article
Wal-Mart profit up, U.S. same-store sales fall
August 16, 2011 09:14 AM ET
CHICAGO (Reuters) - Sales at Wal-Mart Stores Inc's U.S. discount stores open at least a year fell 0.9 percent during its second quarter, marking the ninth straight quarterly decline as it tries to lure back bargain hunters. | Full Article
Home Depot raises outlook; eclipses Lowe's
August 16, 2011 09:25 AM ET
NEW YORK (Reuters) - Home Depot Inc , the world's largest home improvement chain, raised its fiscal-year profit forecast for the second time in three months on Tuesday as timely promotions and renewed focus on cheaper products helped it gain market share from rival Lowe's Cos Inc . | Full Article
Google's Motorola bet to reshape Asian phone makers
August 16, 2011 08:37 AM ET
SEOUL/TAIPEI (Reuters) - Asian handset makers using Google Inc's Android operating system might turn to rival platforms such as Microsoft Corp's Windows after Google upended the mobile landscape with its $12.5 billion bid for Motorola Mobility Holdings. | Full Article
Tabloid reporter implicates senior Murdoch executives
August 16, 2011 09:12 AM ET
LONDON (Reuters) - Phone hacking was widely discussed at editorial meetings at Rupert Murdoch's News of the World, the reporter who was blamed as the sole culprit said in a letter which threatened to undermine repeated denials by senior News Corp executives. | Full Article
HEALTH NEWS
15 minutes of exercise a day can extend life by three years
Amoeba blamed for swimming death in Florida
Experts redesign common microbe to fight drug-resistant bacteria
Analysis: Two justices may decide fate of Obama healthcare law
Study questions important heart failure trials
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