U.S. Top News Early Edition: Wall Street opens lower on recession concerns

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	08/19/2011
Good Morning Omss LATEST NEWS Wall Street opens lower on recession concerns NEW YORK (Reuters) - Stocks fell on Friday after the market opened, extending the previous session's steep losses, on fears the economy may slip back into recession and European banks could be severely damaged by another credit freeze. | Full Article Biden seeks to reassure China on U.S. debt August 19, 2011 06:09 AM ET BEIJING (Reuters) - U.S. Vice President Joe Biden on Friday said China had "nothing to worry about" concerning the safety of its vast holdings of Treasury debt, while China's Premier Wen Jiabao gave a ringing endorsement of the resilience of the debt-ridden U.S. economy. | Full Article Insight: The madness of Wall Street August 19, 2011 09:15 AM ET By Matthew Goldstein, Lauren Tara LaCapra, Jennifer Ablan and Joseph Giannone | Full Article Syrian forces kill six despite Assad pledge August 19, 2011 08:17 AM ET AMMAN (Reuters) - Syrian forces shot dead six protesters on Friday despite President Bashar al-Assad's pledge that his military crackdown on dissent was over, as thousands marched across the country spurred on by U.S. and European calls for him to step down. | Full Article Taliban attack on British office in Kabul kills at least nine August 19, 2011 07:11 AM ET KABUL (Reuters) - Five Taliban attackers laid siege to a British cultural center in the Afghan capital Friday, killing at least nine people during an hours-long assault on the 92nd anniversary of Afghanistan's independence from British rule. | Full Article BUSINESS NEWS HP sinks on lowered outlook, business overhaul August 19, 2011 08:30 AM ET BANGALORE (Reuters) - Shares of Hewlett-Packard slid more than 15 percent in pre-market trade on Friday, a day after the world's biggest PC maker said it may spin off the business, and cut its outlook, signaling a massive overhaul in the wake of bleak tech spending across the board. | Full Article Fed's Pianalto sees U.S. GDP up 2 percent in 2011 August 19, 2011 09:00 AM ET WASHINGTON (Reuters) - Cleveland Federal Reserve President Sandra Pianalto said on Friday the U.S. economy will likely grow 2 percent this year and 3 percent during each of the next two years. | Full Article European banks' dollar funding woes feeds worries August 19, 2011 09:35 AM ET LONDON (Reuters) - Soaring costs for borrowing dollars to fund the daily business of Europe's banks is hitting their shares and feeding worries that the continent's spiraling debt crisis could trigger the next funding crisis for lenders. | Full Article Hedge fund Cairn sees France, Germany downgrades August 19, 2011 08:52 AM ET LONDON (Reuters) - France's top AAA credit rating is likely to be downgraded and Germany could easily follow as the costs of bailing out weaker euro zone economies push up their own debt piles, says credit hedge fund firm Cairn Capital's chief investment strategist. | Full Article Icahn wants all 11 seats on Clorox board August 19, 2011 09:03 AM ET CHICAGO (Reuters) - Billionaire investor Carl Icahn wants all 11 seats on the board of consumer products maker Clorox Co , which has twice rejected his offers this summer to buy the company. | Full Article HEALTH NEWS Employees beware: Higher healthcare costs ahead Moderate drinking cuts risk of Alzheimer's, study shows Study questions testosterone's link to early death Vision problems common after glaucoma surgery CT scans to spot appendicitis up sharply in U.S. RELATED VIDEO More cars set ablaze in Berlin arson attacks New dust storm hits Phoenix Taliban claims Kabul attacks 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 Student arrested, accused of having gun on school bus Full Article Reindeer herder finds baby mammoth in Russia Arctic And America's most trusted celebrity is... "Vampire" arrest sparks discussion on pop culture Bachmann tribute to Elvis marks wrong anniversary Depardieu outrages passengers by urinating in plane - 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