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U.S. Top News Early Edition: U.S., China, Germany slumps hammer stocks

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09/22/2011
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LATEST NEWS
U.S., China, Germany slumps hammer stocks
LONDON (Reuters) - A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing in China and Germany sent world stocks tumbling on Thursday and drove investors into safer currencies and government bonds. | Full Article
Warnings mount on euro crisis as G20 gathers
September 22, 2011 09:14 AM ET
FRANKFURT/OTTAWA (Reuters) - Seven world leaders demanded Europe take more decisive action against its debt crisis and a European Central Bank study warned on Thursday that the entire euro currency project was now in peril. | Full Article
Jobless claims fall but recession still feared
September 22, 2011 09:16 AM ET
WASHINGTON (Reuters) - Americans filed fewer new claims for jobless benefits last week, but the decline was not enough to dispel worries the economy was dangerously close to falling into a new recession. | Full Article
House unexpectedly defeats spending bill
September 22, 2011 08:27 AM ET
WASHINGTON (Reuters) - The House of Representatives unexpectedly defeated a bill that would fund the federal government past September 30 on Wednesday as dozens of Republicans broke with their party to push for deeper spending cuts. | Full Article
Special report: Crunch time at America's richest union
September 22, 2011 08:26 AM ET
DETROIT (Reuters) - Bob King, the president of the United Auto Workers, has a problem: the labor union that credits itself with creating the American middle class has glimpsed the end of the line. | Full Article
BUSINESS NEWS
Wall Street slides at open on recession fears
September 22, 2011 09:36 AM ET
NEW YORK (Reuters) - Stocks fell sharply at the open on Thursday, extending losses for a third day, as a grim outlook from the Federal Reserve and downbeat data in Europe and China heightened fears about a global recession. | Full Article
FedEx profit rises; pares 2012 outlook
September 22, 2011 08:57 AM ET
(Reuters) - FedEx Corp , the world's No. 2 package delivery company, reported a higher quarterly profit that slightly beat forecasts but pared its outlook for the full year, citing fuel prices and moderate global economic growth. | Full Article
United Tech shares slide, Goodrich soars on tie-up
September 22, 2011 09:09 AM ET
(Reuters) - Shares of United Technologies Corp fell 4.5 percent in premarket trading on Thursday after the diversified U.S. manufacturer said it would pay $16.5 billion in cash for aircraft components maker Goodrich Corp . | Full Article
China's manufacturing slows as U.S., Europe stall
September 22, 2011 09:01 AM ET
BEIJING (Reuters) - China's manufacturing sector contracted for a third consecutive month in September while a measure of inflation picked up, suggesting the world's No.2 economy may not be able to provide much of a counterweight to flagging U.S. and European growth. | Full Article
UBS chief fights to keep investment bank and his job
September 22, 2011 07:53 AM ET
SINGAPORE (Reuters) - UBS CEO Oswald Gruebel is fighting to keep the Swiss bank's investment arm -- the scene of a $2.3 billion rogue trading scandal -- despite pressure to scale it back or split it off, as he seeks to save his own position. | Full Article
HEALTH NEWS
U.S. health officials push flu shots for all
Lung cancer linked to risk of stroke
Cigarette makers, FDA clash over new graphic ads
Health industry lacks patient data safeguards: poll
Poor women get more unneeded breast cancer surgery
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