U.S. Top News Early Edition: Italy, under market attack, seeks EU political support

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	08/3/2011
Good Morning Omss LATEST NEWS Italy, under market attack, seeks EU political support LUXEMBOURG/ROME (Reuters) - Italy sought European political support on Wednesday as its stocks and bonds gained some respite from a selloff triggered by the euro zone's unresolved debt crisis and fears of a global economic slowdown. | Full Article Private sector added 114,000 jobs in July August 03, 2011 08:47 AM ET NEW YORK (Reuters) - Private employers added more jobs than expected in July, though less than in June, but planned layoffs rose to a 16-month high, according to separate surveys on Wednesday. | Full Article World's private sector falters as debt crisis bites August 03, 2011 09:00 AM ET LONDON (Reuters) - The world's economy moved closer to stagnation last month as firms in Asia and Europe reined back in the face of an ongoing debt crisis and signs of a new U.S. slowdown, business surveys showed on Wednesday. | Full Article Default avoided but fears on economy remain August 03, 2011 08:52 AM ET WASHINGTON (Reuters) - The United States stepped back from the brink of default on Tuesday but congressional approval of a last-ditch deficit-cutting plan failed to dispel fears of a credit downgrade and future tax and spending feuds. | Full Article MasterCard profit jumps 33 percent August 03, 2011 09:31 AM ET CHARLOTTE, North Carolina (Reuters) - MasterCard Inc's second-quarter profit rose a better-than-expected 33 percent as the company processed more card transactions and revenue increased. | Full Article BUSINESS NEWS Stocks set to bounce after selloff, ADP August 03, 2011 09:05 AM ET NEW YORK (Reuters) - Wall Street equity futures were set for a higher open on Wednesday as buyers looked to halt the market's longest losing streak since October 2008 after a better-than-expected reading on the labor market. | Full Article Mortgage applications rose last week: MBA August 03, 2011 07:01 AM ET NEW YORK (Reuters) - Applications for U.S. home mortgages rose last week as interest rates fell, an industry group said on Wednesday. | Full Article Comcast profit up on Web subscribers, ad sales August 03, 2011 08:29 AM ET NEW YORK (Reuters) - Comcast Corp's quarterly earnings beat Wall Street expectations on a better-than-expected rise in Internet and phone subscribers and advertising sales growth at its NBC Universal joint venture. | Full Article SNB cuts rates as safe-haven Swiss franc soars August 03, 2011 07:55 AM ET ZURICH (Reuters) - The Swiss National Bank announced a shock cut in interest rates and threatened more action to cap a soaring Swiss franc, but was seen fighting a losing battle as investors seek respite from debt crises elsewhere. | Full Article Chrysler CEO: Industry faces reckoning with China August 03, 2011 09:20 AM ET TRAVERSE CITY, Michigan (Reuters) - U.S. and European automakers better watch their rear-view mirrors as competition from Chinese rivals will result in a "day of reckoning" down the road, the head of Fiat SpA and Chrysler Group LLC said on Wednesday. | Full Article HEALTH NEWS Scientists find new superbug strain of salmonella HIV epidemics emerging in Middle East, North Africa: study Common vein problem raises clot risk on the Pill Salmonella linked to turkey sickens dozens, one dead in U.S. Report questions "offshoring" in U.S. heart studies RELATED VIDEO Bomb scare in Sydney suburb Somali refugees pour into Kenya Mubarak appears in Cairo court 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 Bra chain record comes apart at the seams Full Article To start life afresh, Thais "practice" death Rate your priest on new Website Drunk father lets 8-year-old son drive pickup? Lingerie shops drag feet on deadline to hire women - 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