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U.S. Top News Early Edition: Obama faces looming budget fight with Republicans

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01/26/2011
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LATEST NEWS
Obama faces looming budget fight with Republicans
WASHINGTON (Reuters) - President Barack Obama on Wednesday faced a looming battle with Republicans over deficit reduction and government spending despite his efforts to set a conciliatory tone in his State of the Union speech. | Full Article
Egypt bans protests seeking end to Mubarak rule
January 26, 2011 09:03 AM ET
CAIRO (Reuters) - Egypt said on Wednesday it was banning demonstrations and quickly dispersed protesters who tried to gather, seeking to draw a line under unprecedented protests against President Hosni Mubarak's rule. | Full Article
Toyota recalls 1.7 million vehicles as quality woes mount
January 26, 2011 07:13 AM ET
TOKYO (Reuters) - Toyota Motor Corp said it would recall more than 1.7 million vehicles worldwide, bringing its total for recalls to nearly 16 million since late 2009 and dealing a blow to its efforts to restore its reputation for quality. | Full Article
Lehman Brothers amends bankruptcy plan
January 26, 2011 07:32 AM ET
WILMINGTON, Delaware (Reuters) - Bankrupt financial company Lehman Brothers Holdings Inc proposed a new plan for divvying up billions of dollars among its creditors and offered a bigger payment to bondholders, provided they sign on. | Full Article
Boeing profit slips; shares down on 2011 outlook
January 26, 2011 08:59 AM ET
CHICAGO (Reuters) - Boeing Co's quarterly profit slipped on fewer commercial airplane deliveries and its shares fell 3.3 percent in premarket trade on a disappointing earnings outlook for 2011. | Full Article
BUSINESS NEWS
Higher open seen after Obama speech, Boeing weighs
January 26, 2011 08:53 AM ET
NEW YORK (Reuters) - Stock index futures pointed to a modestly higher open on Wednesday, hours after U.S. President Barack Obama called for a lower corporate tax rate to boost the economy, but weakness in Boeing looked to limit gains. | Full Article
Fed likely to hold easing course, note improvement
January 26, 2011 08:01 AM ET
WASHINGTON (Reuters) - The Federal Reserve is expected to nod to an improving U.S. economic outlook on Wednesday even as it reaffirms a plan to buy $600 billion in government debt to help speed recovery. | Full Article
Cautious CEOs counting on BRICs for growth
January 26, 2011 09:35 AM ET
DAVOS, Switzerland (Reuters) - Global chief executives pinned their hopes on roaring growth in emerging markets at the start of the annual Davos forum on Wednesday but warned that rising inflation and political risks cast a shadow. | Full Article
Barclays to cut 1,000 UK retail banking jobs
January 26, 2011 08:56 AM ET
LONDON (Reuters) - British bank Barclays Plc is to cut about 1,000 UK jobs as it stops offering financial planning advice in its branches. | Full Article
Xerox's profit falls, CFO to retire
January 26, 2011 08:16 AM ET
NEW YORK (Reuters) - Xerox Corp's profit fell due to restructuring charges in the fourth-quarter and its chief financial officer plans to retire next month. | Full Article
HEALTH NEWS
Smoking explains why Americans don't live longer
Cholera causing more deaths, experts urge vaccination
New U.S. analysis backs annual breast screening
Industry debuts new U.S. food labels, critics pan
Fewer die after treatment at stroke centers: study
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Obama: "The Future is Ours to Win"

 
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CBS News.com - Daily News Summary
January 26, 2011 | DAILY NEWS SUMMARY
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CBS NEWS TOP STORIES

Obama: "The Future is Ours to Win"

President Obama Called on Republicans and Democrats to Put Politics aside and Look to the Future   More Coverage
Read full story
Obama: "The Future is Ours to Win"
GOP Response: U.S. at "Tipping Point" over Debt

GOP Response: U.S. at "Tipping Point" over Debt

Rep. Paul Ryan Calls for Less Government Spending in Response to Obama's Speech; Says "Investments" Are More Wasted Stimulus


Giffords Upgraded to "Good"; Rehab Next

Giffords Upgraded to "Good"; Rehab Next

Arizona Congresswoman's Condition Continues to Improve as Doctors Prepare for her Transfer to Rehab Facility  More Coverage


Analysis: Obama Battle Cry for the Next 2 Years

Analysis: Obama Battle Cry for the Next 2 Years

Rob Hendin: Rather Than a Laundry List of New Ideas, Obama Set the Themes of His 2011 Agenda, and His Reelection Campaign


State of the Union Shuffle: Prom Dates

State of the Union Shuffle: Prom Dates

Lawmakers Get One Night -- and One Night Only -- to Feel Like Their Differences are Water Under the Bridge   Photos


Obama: "The Future is Ours to Win"

Obama: "The Future is Ours to Win"

In his State of the Union Address, President Obama Called for Investments and Reforms to Put Americans Back to Work in an Ever-Changing Economy


Poll: High Marks for Obama's Speech

Poll: High Marks for Obama's Speech

Nine in Ten Americans Approve of Obama's State of the Union Proposals, According to CBS News Poll


Cantor: GOP, Dems "Can Work Together"

Cantor: GOP, Dems "Can Work Together"

After State of the Union Address, House Majority Leader Voices Hope for Cooperation on Efforts to Cut Spending, Create Jobs


GOP Response: U.S. at "Tipping Point" over Debt

GOP Response: U.S. at "Tipping Point" over Debt

Rep. Paul Ryan Calls for Less Government Spending in Response to Obama's Speech; Says "Investments" Are More Wasted Stimulus


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