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U.S. Top News Early Edition: U.S. could tap oil reserves as gasoline price surges

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03/7/2011
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U.S. could tap oil reserves as gasoline price surges
WASHINGTON/SINGAPORE (Reuters) - The U.S. government reiterated that it could tap its strategic oil reserves in order to safeguard economic growth as surging gasoline prices increase pressure for action. | Full Article
Wisconsin Senate Democrats say no date set for return
March 07, 2011 07:44 AM ET
MADISON, Wisconsin (Reuters) - Wisconsin Democrats who fled the state more than two weeks ago to block a vote on a Republican plan to limit public union collective bargaining said on Sunday they have no immediate plans to return. | Full Article
Libya plane hits town, over one million need aid
March 07, 2011 09:06 AM ET
RAS LANUF, Libya (Reuters) - Government forces seeking to dislodge rebels from Libya's strategically important coast struck at an oil town on Monday amid quickening efforts to prevent more humanitarian suffering and a mass refugee exodus. | Full Article
Moody's downgrade tips Greece closer to brink
March 07, 2011 08:42 AM ET
ATHENS/LONDON (Reuters) - Moody's slashed Greece's credit rating by three notches on Monday, raising the specter that the distressed euro zone sovereign may be forced to restructure its debt, perhaps even before 2013. | Full Article
British prince pilloried over pedophile pal
March 07, 2011 09:02 AM ET
LONDON (Reuters) - The royal family is supposed to burnish Britain's image but Prince Andrew has generated quite a different buzz by consorting with a convicted U.S. pedophile and allegedly having contacts with the Libyan leader's family. | Full Article
BUSINESS NEWS
Stocks set for higher open as oil climb continues
March 07, 2011 08:59 AM ET
NEW YORK (Reuters) - U.S. stocks were set to open slightly higher on Monday as investors weighed a batch of acquisition activity against another climb in oil prices on unrest in the Middle East and North Africa. | Full Article
Smart Money: Top hedge funds betting on plastics
March 07, 2011 09:03 AM ET
That well-known line from the classic 1967 movie "The Graduate" may sum up the recent investment strategy of some top hedge fund managers, including James Dinan and David Einhorn. | Full Article
Morgan Stanley cancels all Libya oil trade: source
March 07, 2011 09:28 AM ET
LONDON (Reuters) - Wall Street bank Morgan Stanley has stopped trading oil with Libya, a trade source said on Monday, in an early indication that sanctions could hit exports from the north African producer. | Full Article
Fed cannot rule out more bond buys says Lockhart
March 07, 2011 08:54 AM ET
ARLINGTON, Virginia (Reuters) - The Federal Reserve cannot rule out expanding its $600 billion stimulus as political upheaval in the Middle East and North Africa heighten U.S. economic uncertainty, a top Fed official said on Monday. | Full Article
Fed's Fisher warns could vote to stop bond buying
March 07, 2011 09:24 AM ET
WASHINGTON (Reuters) - A senior U.S. Federal Reserve official warned on Monday that he would vote to scale back or stop the central bank's $600 billion bond-buying program if it proves to be "demonstrably counterproductive." | Full Article
HEALTH NEWS
Not getting enough sleep? Turn off the technology
Transplant patients a target of Arizona budget cuts
Japan halts Pfizer, Sanofi vaccines after four die
Better than a BMI? New obesity scale proposed
Scientists develop blood test for Down's Syndrome
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Libyan rebels look to regroup after setback

 
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CBS News.com - Daily News Summary
March 07, 2011 | DAILY NEWS SUMMARY
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CBS NEWS TOP STORIES

Libyan rebels look to regroup after setback

Opposition seeking reinforcements after being pounded by pro-Qaddafi forces in key towns |  Complete coverage
Read full story
Libyan rebels look to regroup after setback
Homeless children: The hard times generation

Homeless children: The hard times generation

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Hawaii volcano shoots lava 65 feet in air

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Haiti celebrates its first post-quake Carnival

Haiti celebrates its first post-quake Carnival

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White House: We need U.S. Muslims' help

White House: We need U.S. Muslims' help

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Libyan rebels look to regroup after setback

Libyan rebels look to regroup after setback

Opposition seeking reinforcements after being pounded by pro-Qaddafi forces in key towns


Int'l community's secret plans in Libya exposed?

Int'l community's secret plans in Libya exposed?

U.K. newspaper says Obama requested secret Saudi airlift to arm Libya rebels as rebels arrest, release British squad


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