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Friday, October 7, 2011 12:16 AM PDT

Today's Reuters News Headlines - Yahoo! News: Obama hits China on trade; cautious on currency bill EU works on banks, Obama urges swift action Hiring seen as dismally weak in September Obama chides banks, taps anger over Wall Street Sniper fire holds up push into Gaddafi's hometown Pakistan says Obama pressure on militants hurts Energy loans official leaves in wake of Solyndra Film festival comes to Kabul on war anniversary Sweden's Transtromer wins 2011 Nobel Literature prize Secret panel can put Americans on "kill list' NHL could have sporting spotlight as NBA lockout drags Europe lifts Wall Street for third day, payrolls awaited Jobless claims data points to labor improvement Energy loans official leaves in wake of Solyndra Obama cautious on currency bill Walmart Moms: Not giving up on Obama yet Israel accuses deputy envoy to U.S. of security breach Retailers ring up solid September, holidays loom Trichet leaves ECB, and opinion, divided Biden: Wall St protests show Americans see system unfair China currency narrowly clears Senate hurdle Police investigate metal cylinder near the Capitol Exclusive: Microsoft considers bidding for Yahoo Nevada Republicans bump presidential caucus to January 14 After decade of war, Afghans mull Taliban return Ridiculed crystal work wins Nobel for Israeli Special Report: A fight for the soul of the ECB Tax on rich will pay for Obama jobs plan: Democrats Exclusive: Microsoft considers bidding for Yahoo White House voices concern on China currency bill Australia seeks world backing on tobacco legal fight Insight: What a stronger Chinese yuan means for the U.S. Afghans hold anti-U.S. rally on eve of war anniversary Jobs authorized biography so his kids can know him For banks, recovery is fading Romney under pressure to break from Republican pack Service sector growth slows, employment mixed Special Report: Europe's debilitating deja vu Secret panel can put Americans on "kill list' Apple co-founder Steve Jobs dead at 56 Obama hits China on trade; cautious on currency bill Thu,6 Oct 2011 06:28 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama accused China on Thursday of "gaming" international trade by keeping its currency weak, but was cautious about a bill before the Senate aimed at pressing Beijing to revalue the yuan. Full Story Top EU works on banks, Obama urges swift action Thu,6 Oct 2011 01:15 PM PDT Reuters - BRUSSELS/BERLIN (Reuters) - European Union moves to shore up ailing banks moved into higher gear on Thursday as President Barack Obama urged European leaders to act faster to tackle a sovereign debt crisis that threatens global economic recovery. Full Story Top Hiring seen as dismally weak in September Thu,6 Oct 2011 09:06 PM PDT Reuters - WASHINGTON (Reuters) - Employment likely grew only modestly in September, with hiring too weak to pull down a lofty jobless rate and dispel recession fears. Full Story Top Obama chides banks, taps anger over Wall Street Thu,6 Oct 2011 03:26 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama launched an onslaught against banks and Republicans on Thursday for working to block financial reform, using a populist tone amid public anger over Wall Street practices. Full Story Top Sniper fire holds up push into Gaddafi's hometown Thu,6 Oct 2011 04:13 PM PDT Reuters - SIRTE, Libya (Reuters) - Snipers loyal to Muammar Gaddafi held back government forces trying to capture his hometown on Thursday and the deposed leader warned the heads of the developing world who have recognized Libya's new rulers that they would face a similar fate to his own. Full Story Top Pakistan says Obama pressure on militants hurts Thu,6 Oct 2011 11:09 PM PDT Reuters - ISLAMABAD (Reuters) - President Barack Obama's warning to Islamabad over suspected ties to militants will hurt efforts to stabilize Afghanistan and fuel anti-Americanism, the chairman of Pakistan's Senate Foreign Affairs Committee said on Friday. Full Story Top Energy loans official leaves in wake of Solyndra Thu,6 Oct 2011 06:05 PM PDT Reuters - WASHINGTON (Reuters) - The Obama administration said on Thursday its top energy loans official was stepping down, following a widening probe into the embarrassing collapse of a solar panel company that got $535 million in federal support. Full Story Top Film festival comes to Kabul on war anniversary Thu,6 Oct 2011 11:17 PM PDT Reuters - KABUL (Reuters) - A father desperately searches for his son, who has been sent on a suicide bomb mission. After losing everything, he ends up homeless and insane on the dusty streets of Kabul. Full Story Top Sweden's Transtromer wins 2011 Nobel Literature prize Thu,6 Oct 2011 03:07 PM PDT Reuters - STOCKHOLM (Reuters) - Swedish poet Tomas Transtromer won the 2011 Nobel prize for literature, the awarding committee said on Thursday. Full Story Top Secret panel can put Americans on "kill list' Thu,6 Oct 2011 05:26 AM PDT Reuters - WASHINGTON (Reuters) - American militants like Anwar al-Awlaki are placed on a kill or capture list by a secretive panel of senior government officials, which then informs the president of its decisions, according to officials. Full Story Top NHL could have sporting spotlight as NBA lockout drags Thu,6 Oct 2011 09:55 PM PDT Reuters - TORONTO (Reuters) - The National Hockey League (NHL) could have the North American sporting stage to itself if the National Basketball Association's (NBA) lockout drags into the New Year but the league has no plans to try and poach fans. Full Story Top Europe lifts Wall Street for third day, payrolls awaited Thu,6 Oct 2011 01:32 PM PDT Reuters - NEW YORK (Reuters) - Stocks rose for a third day in a row on Thursday as developing euro zone plans to backstop European banks gave investors hope the threat of a financial crisis was waning. Full Story Top Jobless claims data points to labor improvement Thu,6 Oct 2011 02:35 PM PDT Reuters - WASHINGTON (Reuters) - New claims for unemployment benefits rose modestly last week but hovered near levels normally associated with improving labor market conditions, in a hopeful sign for the struggling economy. Full Story Top Energy loans official leaves in wake of Solyndra Thu,6 Oct 2011 04:01 PM PDT Reuters - WASHINGTON (Reuters) - The Obama administration said on Thursday its top energy loans official was stepping down, following a widening probe into the embarrassing collapse of a solar panel company that got $535 million in federal support. Full Story Top Obama cautious on currency bill Thu,6 Oct 2011 03:59 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama accused China on Thursday of "gaming" international trade by keeping its currency weak, but was cautious about a bill before the Senate aimed at pressing Beijing to revalue the yuan. Full Story Top Walmart Moms: Not giving up on Obama yet Thu,6 Oct 2011 11:21 AM PDT Reuters - WASHINGTON (Reuters) - Their views on the economy are relentlessly bleak, but America's so-called Walmart Moms -- the much-coveted working-class female voters whose support can swing an election -- do not blame President Barack Obama and have not given up on him. Full Story Top Israel accuses deputy envoy to U.S. of security breach Thu,6 Oct 2011 08:22 AM PDT Reuters - JERUSALEM (Reuters) - Israel's deputy ambassador to the United States was dismissed after admitting a serious security breach that required "blood, sweat and tears" to repair, Foreign Minister Avigdor Lieberman said on Thursday. Full Story Top Retailers ring up solid September, holidays loom Thu,6 Oct 2011 10:19 AM PDT Reuters - (Reuters) - Brisk back-to-school shopping benefited many U.S. retailers in September, with strong sales growth at chains from Kohl's Corp to Nordstrom Inc suggesting optimism for the holiday season. Full Story Top Trichet leaves ECB, and opinion, divided Thu,6 Oct 2011 07:54 AM PDT Reuters - FRANKFURT (Reuters) - After keeping his cool for almost eight years, European Central Bank President Jean-Claude Trichet exploded last month. Full Story Top Biden: Wall St protests show Americans see system unfair Thu,6 Oct 2011 08:20 AM PDT Reuters - WASHINGTON (Reuters) - The spreading protests against Wall Street show that the American people are angry about worsening economic disparities, Vice President Joe Biden said on Thursday. Full Story Top China currency narrowly clears Senate hurdle Thu,6 Oct 2011 08:25 AM PDT Reuters - WASHINGTON (Reuters) - Legislation aimed at cracking down on China's currency practice narrowly cleared a major procedural hurdle on Thursday when the Senate voted 62-38 to move to final action on the bill. Full Story Top Police investigate metal cylinder near the Capitol Thu,6 Oct 2011 06:49 AM PDT Reuters - WASHINGTON (Reuters) - Police blocked off streets around the Capitol on Thursday after discovering a suspicious metal cylinder near the domed landmark that houses the Senate and House of Representatives. Full Story Top Exclusive: Microsoft considers bidding for Yahoo Thu,6 Oct 2011 05:33 AM PDT Reuters - NEW YORK (Reuters) - Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday. Full Story Top Nevada Republicans bump presidential caucus to January 14 Thu,6 Oct 2011 05:33 AM PDT Reuters - LAS VEGAS (Reuters) - Nevada Republicans on Wednesday moved up their presidential caucus to January 14, aiming to protect its status as one of the earliest contests in the race as states jostle for influence in the nominating process. Full Story Top After decade of war, Afghans mull Taliban return Thu,6 Oct 2011 02:34 AM PDT Reuters - KABUL (Reuters) - Wakil Ahmad Muttawakil, a former right hand man to the reclusive, one-eyed leader of the Taliban, believes there is only one way to end a decade of fighting in Afghanistan. Return the hardline Islamists to power. Full Story Top Ridiculed crystal work wins Nobel for Israeli Thu,6 Oct 2011 07:12 AM PDT Reuters - STOCKHOLM (Reuters) - An Israeli scientist who suffered years of ridicule and even lost a research post for claiming to have found an entirely new class of solid material was awarded the Nobel Prize for chemistry on Wednesday for his discovery of quasicrystals. Full Story Top Special Report: A fight for the soul of the ECB Thu,6 Oct 2011 08:03 AM PDT Reuters - FRANKFURT (Reuters) - Juergen Stark is not the kind of man who enjoys drawing attention to himself. But the euro-zone crisis pushed him over the edge. Full Story Top Tax on rich will pay for Obama jobs plan: Democrats Wed,5 Oct 2011 04:36 PM PDT Reuters - WASHINGTON (Reuters) - Senate Democrats want to hit millionaires with a 5 percent surcharge on their taxes to pay for President Barack Obama's $447 billion jobs program, but the plan seems to be going nowhere in the divided Congress. Full Story Top Exclusive: Microsoft considers bidding for Yahoo Wed,5 Oct 2011 03:40 PM PDT Reuters - NEW YORK (Reuters) - Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday. Full Story Top White House voices concern on China currency bill Wed,5 Oct 2011 03:41 PM PDT Reuters - WASHINGTON (Reuters) - The prospects for U.S. legislation designed to get China to revalue its currency appeared to dim on Wednesday when the White House voiced concern it could violate international trade rules. Full Story Top Australia seeks world backing on tobacco legal fight Wed,5 Oct 2011 11:14 PM PDT Reuters - CANBERRA (Reuters) - Australia is confident the world's toughest anti-tobacco laws will soon pass parliament, but the government warned on Thursday that the anti-smoking fight was not over and urged other nations to reject a possible WTO challenge backed by big tobacco. Full Story Top Insight: What a stronger Chinese yuan means for the U.S. Wed,5 Oct 2011 09:28 AM PDT Reuters - (Reuters) - A sharp rise in China's yuan currency might cut the U.S. trade deficit by as much as one third and create enough American jobs to put at least a modest dent in the unemployment rate. Full Story Top Afghans hold anti-U.S. rally on eve of war anniversary Thu,6 Oct 2011 05:04 AM PDT Reuters - KABUL (Reuters) - Hundreds of Afghans marched through Kabul on Thursday, the eve of the 10-year anniversary of the U.S. military campaign in Afghanistan, to condemn the United States as occupiers and demand the immediate withdrawal of all foreign troops. Full Story Top Jobs authorized biography so his kids can know him Thu,6 Oct 2011 03:14 PM PDT Reuters - CUPERTINO, Calif./SAN FRANCISCO (Reuters) - Steve Jobs, in pain and too weak to climb stairs a few weeks before his death, wanted his children to understand why he wasn't always there for them, according to the author of his highly anticipated biography. Full Story Top For banks, recovery is fading Wed,5 Oct 2011 02:55 PM PDT Reuters - (Reuters) - U.S. bank profits have been rising steadily for more than a year, but the recovery may be losing momentum due to weak loan demand and low lending rates. Full Story Top Romney under pressure to break from Republican pack Wed,5 Oct 2011 03:37 PM PDT Reuters - WASHINGTON (Reuters) - The good news for Republican Mitt Romney is that he is now the leader of the pack of candidates jockeying for the party's 2012 presidential nomination. The bad news is he is still stuck in that pack. Full Story Top Service sector growth slows, employment mixed Wed,5 Oct 2011 09:24 AM PDT Reuters - NEW YORK/WASHINGTON (Reuters) - Growth in the U.S. service sector was steady in September and private hiring picked up, suggesting the economy was not yet slipping into recession. Full Story Top Special Report: Europe's debilitating deja vu Wed,5 Oct 2011 07:19 AM PDT Reuters - How a host of divisions caused a seemingly unending string of setbacks to a deal for a new Greek bailout. First of three parts. Full Story Top Secret panel can put Americans on "kill list' Wed,5 Oct 2011 04:59 PM PDT Reuters - WASHINGTON (Reuters) - American militants like Anwar al-Awlaki are placed on a kill or capture list by a secretive panel of senior government officials, which then informs the president of its decisions, according to officials. Full Story Top Apple co-founder Steve Jobs dead at 56 Wed,5 Oct 2011 07:25 PM PDT Reuters - (Reuters) Apple Inc co-founder and former CEO Steve Jobs, counted among the greatest American CEOs of his generation, died on Wednesday at the age of 56, after a years-long and highly public battle with cancer and other health issues. Full Story Top

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