U.S. Top News Early Edition: Yahoo CEO Bartz fired over the phone, rocky run ends

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	09/7/2011
Good Morning Omss LATEST NEWS Yahoo CEO Bartz fired over the phone, rocky run ends SAN FRANCISCO (Reuters) - Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba. | Full Article Court curbs German ability to act fast on debt crisis September 07, 2011 08:09 AM ET BERLIN (Reuters) - Germany's top court handed its country's parliament a greater say over euro zone bailouts, potentially hampering Berlin's ability to act decisively against a debt crisis which Chancellor Angela Merkel said needed a fundamental rethink to solve. | Full Article Obama to propose $300 billion jobs package: reports September 07, 2011 01:46 AM ET WASHINGTON (Reuters) - President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans some $300 billion in tax cuts and government spending as part of a job-creating package, U.S. media reported on Tuesday. | Full Article G7 ministers see urgency but to offer no grand plan September 07, 2011 09:15 AM ET PARIS (Reuters) - A meeting of Group of Seven finance chiefs on Friday will discuss the struggling world economy and progress in regulating the financial sector but a coordinated action plan to calm markets is unlikely. | Full Article Russian plane crashes, 36 dead September 07, 2011 09:36 AM ET MOSCOW (Reuters) - A passenger plane carrying a Russian ice hockey team crashed shortly after takeoff near the city of Yaroslavl on Wednesday, killing 36 of the 37 people on board, officials and news agencies said. | Full Article BUSINESS NEWS Wall Street set for rebound; Yahoo and BofA in focus September 07, 2011 09:03 AM ET NEW YORK (Reuters) - Wall Streets stocks were set to rebound on Wednesday on hopes the European debt crisis might ease after Germany's top court smoothed the way for Berlin's participation in bailout packages. | Full Article GE to "vigorously contest" mortgage lawsuit September 07, 2011 09:05 AM ET BOSTON (Reuters) - General Electric Co said it would "vigorously contest" a lawsuit by the Federal Housing Finance Agency, which said the conglomerate's former WMC unit made inaccurate statements about the sale of two residential mortgage-backed securities. | Full Article BofA consumer bank, brokerage chiefs to step down September 07, 2011 07:36 AM ET CHARLOTTE, North Carolina (Reuters) - Bank of America Corp, which has lost almost half of its market value this year, announced a broad reorganization on Tuesday that includes the departure of two senior executives. | Full Article HSBC to cut 3,000 jobs in Hong Kong September 07, 2011 08:05 AM ET HONG KONG/LONDON (Reuters) - HSBC , Europe's biggest bank, is to cut 3,000 jobs in Hong Kong over the next three years as it targets its first wave of an aggressive cost-cutting plan on five countries. | Full Article Mortgage demand slides despite low loan rates September 07, 2011 08:07 AM ET NEW YORK (Reuters) - Demand for U.S. home loans fell for a third straight week last week although mortgage rates fell to or near record lows, an industry group said on Wednesday. | Full Article HEALTH NEWS Fewer Americans smoke, pace of decline slowing: CDC "Sleep debt" tied to attention trouble in teens Exclusive: Healthcare group wants debt committee to fail Common painkillers tied to miscarriage risk Rare surgery brings more weight loss, more risks RELATED VIDEO Thousands flee Mexico City floods At least 20 die in Pakistan blasts Suspected Delhi bomb blast 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 The world still thinks Americans are "coolest": poll Full Article Forgotten mooncakes spark bomb scare "Dalit queen" sent jet to collect sandals? - 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