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U.S. Top News Early Edition: S&P cuts Japan sovereign debt rating

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01/27/2011
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LATEST NEWS
S&P cuts Japan sovereign debt rating
TOKYO (Reuters) - Standard & Poor's cut Japan's credit rating on Thursday for the first time since 2002, saying Tokyo lacked a plan to deal with its mounting debt, in a warning that will rattle other heavily indebted rich nations. | Full Article
Egypt unrest enters third day, ElBaradei to return
January 27, 2011 09:04 AM ET
CAIRO (Reuters) - Egyptian police fought protesters in two cities in eastern Egypt on Thursday and prominent reform campaigner Mohamed ElBaradei headed back to the country to join demonstrators trying to oust President Hosni Mubarak. | Full Article
Snow boosts jobless claims, durable orders mixed
January 27, 2011 09:09 AM ET
WASHINGTON (Reuters) - New U.S. claims for jobless benefits surged last week as snowstorms in some parts of the country kept workers at home, but the underlying trend pointed to an only gradual labor market improvement. | Full Article
Obama touts investment plan on middle America trip
January 27, 2011 06:47 AM ET
MANITOWOC, Wisc. (Reuters) - President Barack Obama pressed his case on Wednesday for investment to grow the U.S. economy out of its budget woes, a job made tougher by a forecast that the deficit will surge 40 percent this year. | Full Article
Lawmakers plan to reintroduce China currency bill
January 26, 2011 11:06 PM ET
WASHINGTON (Reuters) - U.S. lawmakers plan to reintroduce China currency legislation that was overwhelmingly approved last year by the House of Representative but failed to become law, congressional aides said on Wednesday. | Full Article
BUSINESS NEWS
Futures show flat open as data offsets Caterpillar
January 27, 2011 09:10 AM ET
NEW YORK (Reuters) - Stock index futures pointed to a flat open on Thursday as disappointing data on the labor market offset strong results from Caterpillar. | Full Article
AT&T shares fall on disappointing results
January 27, 2011 08:54 AM ET
NEW YORK (Reuters) - AT&T Inc posted revenue that missed estimates and it added fewer wireless subscribers than expected in its final quarter as exclusive U.S. provider for the Apple Inc iPhone, | Full Article
Corrected: P&G, Colgate hurt by slow developed markets
January 27, 2011 09:23 AM ET
(Corrects Bob McDonald's title to CEO of P&G, paragraph 8) | Full Article
Drugmakers see pain from reform and prices in 2011
January 27, 2011 08:41 AM ET
LONDON/BASEL (Reuters) - Drugmakers AstraZeneca , Novartis , Eli Lilly and Bristol-Myers Squibb issued cautious 2011 forecasts, bracing the sector for challenging patent expiries and price pressures from U.S. health reforms. | Full Article
BP seen reinstating dividend
January 27, 2011 09:09 AM ET
LONDON (Reuters) - Oil giant BP Plc is expected to reinstate its dividend when it unveils fourth quarter earnings on Tuesday, after it canceled the payout at the height of the oil spill last summer. | Full Article
HEALTH NEWS
Breast implants may be linked to rare cancer: FDA
Drugmakers see pain from reform and prices in 2011
Gene study shows way to help save orangutans
Citi starts U.S. healthcare IT on positive note
Appeals court to expedite Virginia healthcare challenges
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Doc: Giffords "Miraculous" as Rehab Underway

 
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CBS News.com - Daily News Summary
January 27, 2011 | DAILY NEWS SUMMARY
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CBS NEWS TOP STORIES

Doc: Giffords "Miraculous" as Rehab Underway

Congresswoman Begins Physical, Occupational and Speech Therapy at Houston Center; Progressing Rapidly  Complete Coverage
Read full story
Doc: Giffords "Miraculous" as Rehab Underway
Another Snow Blow Slams Northeast

Another Snow Blow Slams Northeast

A Foot Could Fall from Washington to NYC; 300K Around D.C. Already in the Dark, Airline Passengers Stranded


Egypt Protests Continue; Reformist Returns Home

Egypt Protests Continue; Reformist Returns Home

Pro-Reform Leader Mohamed ElBaradei May Give Protest Movement a Boost Ahead of Friday's Planned Demonstrations


Djokovic Knocks Federer out of Australian Open

Djokovic Knocks Federer out of Australian Open

Serbian Beats Swiss Defending Champ to Face Andy Murray or David Ferrer in the Final


Jimmy Buffett Out of Hospital after Fall

Jimmy Buffett Out of Hospital after Fall

Singer Took "A Very Nasty Tumble" Off Stage at End of Concert in Sydney and was Knocked Unconscious  Watch the Fall


Another Snow Blow Slams Northeast

Another Snow Blow Slams Northeast

A Foot Could Fall from Washington to NYC; 300K Around D.C. Already in the Dark, Airline Passengers Stranded


NYT: WikiLeaks' Assange is "Thin-Skinned"

NYT: WikiLeaks' Assange is "Thin-Skinned"

In Preparation for Upcoming E-Book, NYTimes' Bill Keller Describes the Relationship Between WikiLeaks and The Gray Lady


Rehab Underway, Doc Calls Giffords "Miraculous"

Rehab Underway, Doc Calls Giffords "Miraculous"

Gabrielle Giffords Has Begun Physical, Occupational and Speech Therapy at Houston Center and is Progressing Rapidly


Bombs Targeting Iraq's Shiites Kill 40

Bombs Targeting Iraq's Shiites Kill 40

Most Deadly in Series of Attacks is Car Bomb Parked at Funeral in Shiite Area of Baghdad, Killing 37


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