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U.S. Top News Early Edition: Jobless claims up, underlying trend still down

Reuters
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01/6/2011
News Good Morning Omss
LATEST NEWS
Jobless claims up, underlying trend still down
WASHINGTON (Reuters) - New claims for jobless benefits moved higher last week, but a decline in the four-week average to a nearly 2-1/2 year low indicated a trend toward better labor market conditions remained intact. | Full Article
Blizzard, shopper angst hurt December retail sales
January 06, 2011 09:16 AM ET
NEW YORK (Reuters) - Many top U.S. retailers missed Wall Street's expectations for December sales, hurt by a post-Christmas blizzard on the East Coast and shoppers returning to their cautious ways after flocking to stores after Thanksgiving. | Full Article
BP, Transocean shares shrug off U.S. oil spill report
January 06, 2011 06:50 AM ET
LONDON (Reuters) - Shares in BP and Transocean rose on Thursday as investors bet a new U.S. Presidential panel report that spread the blame for the country's worst-ever oil spill meant the firms would avoid the massive costs of a gross negligence charge. | Full Article
LinkedIn plans to go public in 2011: sources
January 06, 2011 08:18 AM ET
NEW YORK (Reuters) - LinkedIn, the social networking site for professionals, plans to go public in 2011 and has selected its financial underwriters, three sources familiar with the process told Reuters. | Full Article
China to buy 6 billion euros of Spanish debt: report
January 06, 2011 04:51 AM ET
MADRID (Reuters) - Chinese Vice Premier Li Keqiang has said his country is willing to buy about 6 billion euros ($7.9 billion) of Spain's public debt, Spanish newspaper El Pais reported on Thursday, citing government sources. | Full Article
BUSINESS NEWS
Wall Street to open up on econ hopes, retailers weigh
January 06, 2011 09:25 AM ET
NEW YORK (Reuters) - Wall Street was set up for a positive start on Thursday after an uptick in jobless claims failed to derail sentiment following surprisingly strong data on jobs creation in the last session. | Full Article
Obama renominates MIT economist Diamond for Fed Board
January 05, 2011 10:48 PM ET
WASHINGTON (Reuters) - President Barack Obama on Wednesday renominated economist and Nobel laureate Peter Diamond to the Federal Reserve Board, sticking with a pick that has already been thwarted by Senate Republicans twice. | Full Article
Starbucks cuts name and "coffee" from logo
January 06, 2011 09:35 AM ET
LOS ANGELES (Reuters) - Starbucks Corp , the world's biggest coffee chain, unveiled a new logo on Wednesday that omits its name and the word "coffee", infuriating loyal customers. | Full Article
RIM announces 4G tablet, touts corporate interest
January 06, 2011 12:42 AM ET
LAS VEGAS (Reuters) - Corporate interest in Research in Motion's new tablet was "massive," the company said, as it announced plans to launch a 4G version of the device this summer with Sprint Nextel. | Full Article
China says yuan not main cause of Sino-U.S. trade imbalance
January 06, 2011 06:57 AM ET
BEIJING (Reuters) - The yuan exchange rate is not the main cause of the trade imbalance between China and the United States, the Chinese Foreign Ministry said on Thursday. | Full Article
HEALTH NEWS
Autism-vaccine researcher a "fraud": medical journal
Recession dents growth of healthcare spending
Newer tobacco products to face FDA review
AIDS gel prevents infection in monkeys
Be wary of CPR lessons on YouTube: study
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Ted Williams' Mom: "God Has Answered"

 
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CBS News.com - Daily News Summary
January 06, 2011 | DAILY NEWS SUMMARY
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CBS NEWS TOP STORIES

Ted Williams' Mom: "God Has Answered"

But Reunion with Homeless "Man with Golden Voice" on Hold; He's Been Swamped with Job Offers since Appearing on "Early Show"
Read full story
Ted Williams' Mom: "God Has Answered"
1,400 More U.S. Troops Headed to Afghanistan

1,400 More U.S. Troops Headed to Afghanistan

Sources Confirm to CBS that Another Marine Battalion Deploying to Help Counter Taliban's Expected Spring Offensive


"Twilight" Tops People's Choice Awards

"Twilight" Tops People's Choice Awards

"Eclipse" Wins Favorite Movie, Other Winners Include Johnny Depp Taylor Swift, Katy Perry and Neil Patrick Harris


Edited "Huckleberry Finn" Stirring Heated Debate

Edited "Huckleberry Finn" Stirring Heated Debate

What Happens to a Literary Classic and Discussions of It When an Offensive Word is Replaced with "Slave" 219 Times?


@katiecouric: New Faces of Congress

@katiecouric: New Faces of Congress

Katie Couric Talks to Freshmen Reps. Allen West, R-Fla., Terri Sewell, D-Ala. and Robert Dold, D-Ill. About Their Hopes for 112th Congress


1,400 More U.S. Troops Headed to Afghanistan

1,400 More U.S. Troops Headed to Afghanistan

Sources Confirm to CBS that Another Marine Battalion Deploying to Help Counter Taliban's Expected Spring Offensive


Navy Ship Videos Probe Could Hit Higher-Ups

Navy Ship Videos Probe Could Hit Higher-Ups

Sacked Capt. Owen Honors' Superior Officers Likely to be Questioned Over Series of Lewd Videos


Ted Williams' Mom: "God Has Answered My Prayer"

Ted Williams' Mom: "God Has Answered My Prayer"

But Reunion with Homeless "Man with Golden Voice" on Hold; He's Been Swamped with Job Offers since Appearing on "Early Show"


Report: Study Linking Vaccine, Autism Fraudulent

Report: Study Linking Vaccine, Autism Fraudulent

U.K. Journal Finds Widely Discredited 1998 Study that Spooked Parents was Based on Doctored Information


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