U.S. Top News Early Edition: Euro zone debt fears send world stocks reeling

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	09/12/2011
Good Morning Omss LATEST NEWS Euro zone debt fears send world stocks reeling LONDON (Reuters) - World shares tumbled 2 percent on Monday with European equities down 3 percent for a more than 20 percent loss this year as investors worried Greece was edging closer to default. | Full Article Russia resists Syria sanctions, U.N. says 2,600 dead September 12, 2011 09:29 AM ET MOSCOW (Reuters) - Russia rejected Monday Western calls for greater pressure on Syria over its violent crackdown on protests against President Bashar al-Assad, in which the United Nations said 2,600 people have been killed. | Full Article Broadcom to buy NetLogic for $3.7 billion September 12, 2011 09:30 AM ET NEW YORK (Reuters) - Wireless chipmaker Broadcom Corp agreed to buy NetLogic Microsystems Inc for about $3.7 billion to extend its range of chipmaking technology for more advanced networks. | Full Article Bank of America looking to cut $5 billion annual costs September 12, 2011 09:36 AM ET (Reuters) - Bank of America seeks to cut its annual expenses by $5 billion a year, through its major cost cutting initiative, the bank's chief executive said. | Full Article French banks hit as SocGen ditches assets September 12, 2011 09:31 AM ET PARIS (Reuters) - Societe Generale said it would cut costs and sell assets to free up 4 billion euros in fresh capital on Monday, although the surprise move failed to stem a sell-off in French bank shares, driven by fears of a Greek debt default. | Full Article BUSINESS NEWS Wall St opens lower on euro zone debt fears September 12, 2011 09:37 AM ET NEW YORK (Reuters) - Stocks indexes opened lower on Monday as fears of a credit rating downgrade of French banks and the lack of a solution to Greece's debt problem heightened concerns about the euro zone's debt crisis. | Full Article Greek default jitters hammer French banks, euro September 12, 2011 09:34 AM ET PARIS (Reuters) - Growing fears of a Greek default sent a hurricane through heavily exposed French banks on Monday and hit the euro as investor confidence in the European currency area's ability to surmount a sovereign debt crisis ebbed. | Full Article McGraw-Hill to split into two listed companies September 12, 2011 08:46 AM ET NEW YORK (Reuters) - McGraw-Hill Cos Inc plans to split into two public companies, with one holding its Standard & Poor's ratings and index businesses and the other holding its textbook publishing units. | Full Article Bove sees no threat of Europe default on U.S. banks September 12, 2011 07:53 AM ET (Reuters) - Rochdale Securities' analyst Richard Bove said fears of a possible impact of a European debt crisis on U.S. banks were overblown, with only Citigroup and JP Morgan Chase having a significant exposure to the crisis. | Full Article HSBC launches sale of non-life insurance business: sources September 12, 2011 06:56 AM ET HONG KONG (Reuters) - HSBC Holdings Plc has launched the sale of its non-life insurance business, sources told Reuters on Monday, a global division worth about $1 billion and now part of the bank's plan to strip away non-core units. | Full Article HEALTH NEWS Smoking marijuana not linked to obesity: study U.S. to charge 9 people in health-care services case Hospital workers outspend others on medical care Green-glowing cats are new tool in AIDS research Parental counseling may help kids' sleep RELATED VIDEO Twin towers of light shine in New York sky Obama lays wreath at pentagon Pakistani Muslims hold anti-U.S. rally in Karachi 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 Ordinance would cover naked bottoms Full Article - 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