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U.S. Top News Early Edition: After summit pomp, China's Hu to face lawmakers

Reuters
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01/20/2011
News Good Morning Omss
LATEST NEWS
After summit pomp, China's Hu to face lawmakers
WASHINGTON/BEIJING (Reuters) - President Hu Jintao on Thursday will try to persuade often hostile U.S. lawmakers that China is a threat-free engine of growth, after a White House summit sought to narrow rifts between the world's top two economies. | Full Article
Embattled Irish PM sets election for March 11
January 20, 2011 09:15 AM ET
DUBLIN (Reuters) - Ireland's Prime Minister Brian Cowen set March 11 as the date for a parliamentary election on Thursday after an attempt to reshuffle his cabinet backfired. | Full Article
Morgan Stanley profit jumps; Smith Barney pays off
January 20, 2011 09:05 AM ET
NEW YORK (Reuters) - Morgan Stanley said fourth-quarter shareholder profit surged 60 percent as rising fees from retail brokerage offset the weak fixed-income trading results that have marred bank earnings. | Full Article
South Korea agrees to North military talks
January 20, 2011 08:28 AM ET
SEOUL (Reuters) - South Korea agreed on Thursday to hold high-level military talks with rival North Korea, marking a major breakthrough in a crisis on the Korean peninsula and heightening the prospect of renewed aid-for-disarmament talks. | Full Article
Jobless claims fall more than expected
January 20, 2011 09:04 AM ET
WASHINGTON (Reuters) - U.S. claims for initial jobless benefits last week posted their biggest decline in nearly a year, erasing a holiday-related spike to show a trend toward a healthier labor market remained intact. | Full Article
BUSINESS NEWS
Wall St set for flat open, jobs data offset China
January 20, 2011 09:22 AM ET
NEW YORK (Reuters) - Stocks were set to open little changed on Thursday as encouraging labor market data offset worries that China's rapid economic growth may lead to more aggressive measures to tackle inflation. | Full Article
China's sizzling end to 2010 calls for tighter policy
January 20, 2011 06:44 AM ET
BEIJING (Reuters) - China finished 2010 with a bang, its growth soaring past forecasts and inflation slowing less than expected, numbers that could prod the government to intensify its easy-does-it approach to tightening. | Full Article
Special Report: A wing and a prayer: outsourcing at Boeing
January 20, 2011 08:43 AM ET
EVERETT, Washington (Reuters) - On a blustery and drizzly December afternoon in the Pacific Northwest, about 20 airplanes sat engineless and inert near the runway at a Boeing manufacturing plant. Huge, yellow blocks hung from the wings of some planes to substitute for the weight of absent engines. | Full Article
Spain readying fresh bank funding plan: government sources
January 20, 2011 08:12 AM ET
MADRID (Reuters) - Spain's government is finalizing plans to raise fresh funds for its troubled savings banks, officials said, as its efforts to force the country's regional administrations to cut spending began to bear fruit. | Full Article
Arby's chain up for sale as focus put on Wendy's
January 20, 2011 09:06 AM ET
NEW YORK (Reuters) - Wendy's/Arby's Group plans to sell its struggling Arby's roast beef sandwich chain to focus on the Wendy's hamburger business, which top shareholder Nelson Peltz expects to be the company's engine of growth. | Full Article
HEALTH NEWS
Antibodies help seriously ill H1N1 patients recover
House backs repeal of Obama healthcare law
Group praises U.S. strides in tobacco control
Heavy drinking may raise abnormal heart rhythm risk
Merck clot preventer linked to bleeding risk
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Politics News & Analysis: House votes to repeal health-care law

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Politics News & Analysis  Thursday, Jan. 20, 2011
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» State Dinner spotlight: U.S. Amb. to China Jon Huntsman attended the state dinner last night at the White House. The former Utah Governor's current boss brushed off speculation that Huntsman would run against him in 2012. Read Huntsman's profile.
House votes to repeal health-care law (Amy Goldstein and N.C. Aizenman)
Economic & Domestic Policy by Ezra Klein
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