LATEST NEWS | Obama weighs effort to overhaul tax code | WASHINGTON (Reuters) - Democrats and Republicans should begin a conversation next year about a broad overhaul of the tax code that would involve lowering rates while eliminating tax breaks for favored groups, President Barack Obama said in an interview broadcast on Friday. | Full Article | | Activists target payment site, deny plotting harm | December 10, 2010 09:31 AM ET | LONDON (Reuters) - Cyber activists striking at companies seen as enemies of WikiLeaks tried to block the website of online payment firm Moneybookers on Friday but denied their campaign was intended to damage economic activity. | Full Article | Jailed Chinese dissident awarded Nobel | December 10, 2010 09:32 AM ET | OSLO (Reuters) - Chinese dissident Liu Xiaobo was awarded the Nobel Peace Prize in an Oslo ceremony derided by Beijing as a political farce, and dedicated it from his prison cell to the "lost souls" of the 1989 Tiananmen Square crackdown. | Full Article | Defense chief keeps pushing for repeal of gay ban | December 10, 2010 06:34 AM ET | ABOARD A U.S. MILITARY AIRCRAFT (Reuters) - Defense Secretary Robert Gates urged Congress on Friday to lift a ban on gays serving openly in the military, saying he was disappointed by the Senate's failure to act this week and fearful of leaving the issue to the uncertainty of the courts. | Full Article | China raises bank reserves again, more seen | December 10, 2010 07:34 AM ET | BEIJING (Reuters) - China's central bank on Friday raised the amount of money that lenders must keep on reserve for the third time in one month, following a spate of robust data that raised the case for policy tightening. | Full Article | | | BUSINESS NEWS | Wall St rises at open after Chinese data | December 10, 2010 09:36 AM ET | NEW YORK (Reuters) - Stocks rose at the open on Friday, boosted by encouraging data out of China and as a two-year high in the S&P 500 had investors betting on a year-end rally. | Full Article | QE2 fragmenting global markets: Stiglitz | December 10, 2010 09:01 AM ET | SANTIAGO (Reuters) - The Federal Reserve's QE2 bond-buying plan is leading to the fragmentation of global markets, and a second U.S. stimulus package is needed for the U.S. economy, Nobel Prize winning economist Joseph Stiglitz told a conference in Chile on Friday. | Full Article | Trade gap narrows more than expected in October | December 10, 2010 09:19 AM ET | WASHINGTON (Reuters) - The U.S. trade deficit narrowed much more than expected in October, as exports rose a robust 3.2 percent and imports declined slightly in the face of slackening demand for industrial and petroleum products, a Commerce Department report showed on Friday. | Full Article | Apple suppliers point to new camera-toting iPad in 2011 | December 10, 2010 03:11 AM ET | HONG KONG/TAIPEI (Reuters) - Component suppliers for Apple Inc's iPad are gearing up for a new round of production in the first quarter, sources said on Friday, with one saying the product will be a revamp of the popular tablet computer including front- and back-mounted cameras. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | 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 | | | |