U.S. Top News Early Edition: Wall Street climbs at open after sales data

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	08/12/2011
Good Morning Omss LATEST NEWS Wall Street climbs at open after sales data NEW YORK (Reuters) - Stocks rose at the open on Friday putting the S&P on track for its first two-day winning streak in nearly a month as data showed retail sales posted their biggest gain since March. | Full Article Firm retail sales tamp recession worries August 12, 2011 09:06 AM ET WASHINGTON (Reuters) - Retail sales in July posted their biggest gain since March, tempering fears that the world's largest economy might be slipping back into recession. | Full Article Europe short-selling ban reveals divisions August 12, 2011 08:20 AM ET PARIS/MILAN (Reuters) - A piecemeal ban on short-selling of financial stocks in Europe sparked a rush of alternative proposals from countries and regulators on Friday and investors said the row undermined a rally in bank shares. | Full Article Republican Tim Pawlenty: No more Mr. Nice Guy August 12, 2011 09:30 AM ET AMES, Iowa (Reuters) - No one will accuse Republican Tim Pawlenty of being too nice anymore. | Full Article Gaddafi forces still hold Brega oil terminal, refinery August 12, 2011 09:26 AM ET BENGHAZI, Libya (Reuters) - Troops loyal to Libyan leader Muammar Gaddafi are still in control of the oil terminal and refinery of the strategic eastern port of Brega despite rebel advances, a spokesman for rebel forces said on Friday. | Full Article BUSINESS NEWS Penney issues weak forecast August 12, 2011 09:24 AM ET NEW YORK (Reuters) - J.C. Penney Co Inc forecast weaker-than-expected third-quarter earnings and further erosion in its gross margin, sending its shares down 3 percent in premarket trade. | Full Article Analysis: Recession risk unless oil prices fall further August 12, 2011 09:30 AM ET LONDON (Reuters) - If history is any guide, another oil-induced recession may be just around the corner, at least for the United States and some of the other developed economies. | Full Article Reeling euro zone pins hopes on Berlin and Paris August 12, 2011 08:55 AM ET BERLIN (Reuters) - Reeling from a debt crisis that has spread to the very heart of Europe, the continent is looking once again to the Franco-German duo that dreamed up the euro to save the single currency from ruin. | Full Article GM recalls 16,000 Chevy, Buick cars in US, Canada August 12, 2011 08:58 AM ET DETROIT (Reuters) - General Motors Co is recalling 16,198 Chevrolet Impala and Buick LaCrosse cars in the United States and Canada to address sensor and power steering problems, the automaker said on Friday. | Full Article Analysis: China costs start to worry U.S. multinationals August 12, 2011 08:54 AM ET NEW YORK (Reuters) - For years, low prices on China-sourced goods helped dampen inflation in the United States. Now China's efforts to boost domestic consumer spending, reducing reliance on exports, are leading to higher costs for multinationals that manufacture goods there. | Full Article HEALTH NEWS Woman mauled by chimp shows new face in first photo Semen quality drops after age 35 in Chinese men Experts to hunt genes for China's high cholesterol Health and defense lobby groups ready for super fight Superbug more common in kids who've used antibiotics RELATED VIDEO Measles hits Ethiopian refugee camp Chilean students clash with police Malasyian victim discusses mugging 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 Tarantula fright at rail station Full Article Judge rules inmate has no right to matzoh Man allegedly stole, swallowed client's ring Feared criminal takes short walk to freedom Trojan horse t-shirts trick neo-Nazis Deaf man complains nudists would not provide interpreter - 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