U.S. Top News Early Edition: Second-quarter GDP trimmed, spending raised

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	08/26/2011
Good Morning Omss LATEST NEWS Second-quarter GDP trimmed, spending raised WASHINGTON (Reuters) - The U.S. economy grew slower than previously thought in the second quarter as business inventories and exports were less robust, a government report showed on Friday, although consumer spending was revised up. | Full Article Hurricane Irene targets East Coast, many evacuate, cities brace August 26, 2011 09:33 AM ET WILMINGTON, North Carolina (Reuters) - Hurricane Irene bore down on North Carolina on Friday, tens of thousands of people evacuated and East Coast cities including New York braced for a weekend hit from the powerful storm. | Full Article Rebels send in special forces to hunt for Gaddafi August 26, 2011 09:32 AM ET TRIPOLI (Reuters) - Libyan rebels said they were sending in special forces units in their hunt for fugitive strongman Muammar Gaddafi, whose supporters are now pinned down in pockets of resistance in the capital, Tripoli. | Full Article Bernanke seen stopping short of pledge for QE3 August 26, 2011 09:02 AM ET JACKSON HOLE, Wyoming (Reuters) - Those expecting Federal Reserve Chairman Ben Bernanke to pull a rabbit from his hat at a retreat for central bankers here on Friday may be in for a letdown. | Full Article Google chairman Schmidt to woo TV elite August 26, 2011 08:56 AM ET LONDON (Reuters) - Google's Eric Schmidt faces a wary audience of British television professionals on Friday following a major acquisition that could turn Google TV into a real competitor for TV advertising dollars. | Full Article BUSINESS NEWS Wall Street opens off ahead of Bernanke speech August 26, 2011 09:34 AM ET NEW YORK (Reuters) - Stocks opened lower on Friday as investors found few reasons to buy following a volatile week and ahead of a speech from Federal Reserve Chairman Ben Bernanke on the economy. | Full Article How much higher can Apple shares go without Jobs? August 26, 2011 08:22 AM ET NEW YORK (Reuters) - As far as investors can see, the outlook for Apple's shares remains as bright as an iPad screen despite the resignation of Steve Jobs, the company's legendary co-founder, as chief executive. | Full Article Analysis: Buffett trades off his reputation August 26, 2011 05:36 AM ET NEW YORK (Reuters) - Warren Buffett showed again that his name and money is enough to give a struggling company instant credibility in the market. But the legendary investor also demonstrated his canny command of that reputation means that such deals can immediately generate profits. | Full Article Analysis: History shows iconic CEOs tough act to follow August 26, 2011 08:30 AM ET SEATTLE (Reuters) - How does a company recover from the loss of an iconic leader like Steve Jobs at Apple Inc ? | Full Article Exclusive: China plans to mop up bank liquidity August 26, 2011 09:11 AM ET BEIJING (Reuters) - China has ordered banks to include their margin deposits in required reserves at the central bank to mop up excessive liquidity, banking sources said on Friday, the latest move in Beijing's campaign to rein in worrisome inflation. | Full Article HEALTH NEWS Obesity to worsen, weigh heavily on healthcare costs Vaccines largely safe, U.S. expert panel finds Experts find way to make mosquitoes dengue-free Many seniors leave the hospital without their meds UK warns on painkiller, anti-psychotic drug mix-up RELATED VIDEO Japan PM Naoto Kan quits Hazare hunger strike continues Dozens dead in Mexican casino attack 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 Captain allowed to stay in Navy despite bawdy videos Full Article Kentucky jury rules for doctor in penis amputation suit Hoax sign warns Arizona drivers of panda rampage Bull semen spill causes scare, closes highway Funeral home accused of losing woman's body Clark Gable grandson charged with crimes - 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