GOP Unveils $2.5 Trillion in Cuts; Time's Bias Slammed; Fed Helpless to Stop Easing

Breaking News from Newsmax.com GOP Attempts Historic $2.5 Trillion Spending Cut Special: 'Blood in the Streets' Author Warns Investors Money: Sowell Predicts QE30, Fed in Endless Easing Trap Democrat Denies Comparing GOP to Nazis, Cites Goebbels Netanyahu Aide Rips Time Magazine for Anti-Israel Bias ALERT: Will Obama Target Rush, O’Reilly, Savage With FCC Crackdown? More links: Many Have Cured Arthritis, Stopped Joint Pain With Nutrients Cure Blood Pressure in 8 Weeks Without Drugs This e-mail is never sent unsolicited. You have received this Newsmax e-mail because you subscribed to it or someone forwarded it to you. To opt out, see the links below. TO ADVERTISE For information on advertising, please contact Newsmax Advertising Sales via e-mail. TO SUBSCRIBE If this e-mail has been forwarded to you and you would like to sign up, please click here. Remove your e-mail address from our list or modify your profile. We respect your right to privacy. View our policy. This e-mail was sent by: Newsmax.com 4152 West Blue Heron Blvd., Ste. 1114 Riviera Beach, FL 33404 USA 1058415 B834-1

NEWSWEEK: What Mattered Most This Week

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January 21, 2011	subscribe now
WEEK OF JAN. 15-21, 2011
Bettmann-Corbis Photos: Assassination Nation America's unique brand of political menace.   advertisement   FOR THE TOP STORIES & CONTINUOUS UPDATES:    Follow us on Twitter    Become a fan on Facebook	MORE FROM THIS WEEK: Hu Jintao's All-American White House State Visit Lyons: Why We Should All Leave Steve Jobs Alone Richard Holbrooke's Lonely Final Mission Joe Lieberman and the Fate of Independent Candidates Tunisia: The Facebook Revolution? The Backlash in China to Amy Chua's 'Tiger Mother' Ben Bradlee: JFK, My Friend and My President Get more options, analysis, photo galleries, and videos at Newsweek.com

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U.S. Top News Early Edition: Breakthrough after U.S. warns China on North Korea

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	01/21/2011
Good Morning Omss LATEST NEWS Breakthrough after U.S. warns China on North Korea SEOUL/WASHINGTON (Reuters) - The United States warned China that it would redeploy forces in Asia if it failed to rein in its ally North Korea, the New York Times reported on Friday, as Pyongyang bowed to Seoul's demands for crisis talks. | Full Article BofA posts loss on mortgage problems January 21, 2011 09:01 AM ET CHARLOTTE, North Carolina (Reuters) - Bank of America Corp, the largest U.S. bank by assets, reported a second straight quarterly loss as mortgage woes continue to saddle the bank with billions in problem home loans. | Full Article GE results portend stronger economy, shares rise January 21, 2011 08:57 AM ET BOSTON (Reuters) - General Electric Co reported better-than-expected quarterly earnings, helped by the recovery of its finance arm and its first rise in overall revenue since late 2008. | Full Article Google co-founder Page takes over, targets Facebook January 21, 2011 06:24 AM ET SAN FRANCISCO (Reuters) - Google Inc co-founder Larry Page will take over as CEO from Eric Schmidt, a surprise move to make the company more nimble at a time when competition heats up with fast-growing rivals like Facebook. | Full Article Iran draws red lines at outset of nuclear talks January 21, 2011 08:43 AM ET ISTANBUL (Reuters) - Iran gave no sign of making concessions to world powers bent on coaxing it to curb its nuclear program at talks Friday, saying it would not discuss suspending sensitive uranium enrichment. | Full Article BUSINESS NEWS Wall St set for higher open after GE results January 21, 2011 08:56 AM ET NEW YORK (Reuters) - Wall Street was set for a higher open on Friday after two days of declines as strong earnings from General Electric and Google boosted investor optimism. | Full Article Spain plans partial nationalization of savings banks January 21, 2011 08:41 AM ET MADRID (Reuters) - Spain plans a partial state takeover of its weakest savings banks as it seeks to reassure investors a rescue will not weigh on its deficit, sources and reports said on Friday. | Full Article Warner Music looking for potential buyers: source January 21, 2011 08:43 AM ET NEW YORK (Reuters) - Shares in Warner Music Group climbed over 20 percent in premarket trade on Friday. | Full Article Verizon sees $600 million accounting change charge January 21, 2011 08:04 AM ET NEW YORK (Reuters) - Verizon Communications Inc plans to report a $600 million charge for the full year 2010 due to a change in the way it accounts for retirement benefits, following the lead of rival AT&T Inc . | Full Article Schlumberger profit climbs, see strong 2011 January 21, 2011 08:33 AM ET NEW YORK (Reuters) - Schlumberger Ltd , the world's largest oilfield services company, posted a higher-than-expected profit boosted by strong demand in North America, and said it expected brisk activity to continue. | Full Article HEALTH NEWS Studies show swift impact of rotavirus vaccines California woman regains voice in rare transplant Genes map study finds clues to pancreatic cancer Back surgery does not end careers for NFL linemen AstraZeneca responds to FDA on heart drug Brilinta RELATED VIDEO Violence grips Mexico's richest city Hu visits Chicago North-South Korea talks possible 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 Court confiscates 3 tons of mammoth tusks Full Article Braving the cold for taste of commando life Dracula goes dry as new drink rules bite Burglars snort man's ashes, thought it was cocaine Man admits mailing hundreds of tarantulas Texas town most affluent U.S. neighborhood - 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