Aaron's Daily WWW Newspaper

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This edition was generated on Mon Dec 12 08:45:01 EST 2011

Table of Contents

General News Update
Sports News Update
Business News Update
Miscellaneous Daily Information
Boston Area Weather

General News Update

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  • To match Interview OLYMPUS/WOODFORD
    Olympus ex-CEO to meet MPs, push for Japan reform: source Reuters - 1 hr 1 min ago

    TOKYO (Reuters) - The whistleblower in a $1.7 billion accounting scandal at Japan's Olympus Corp, ex-CEO Michael Woodford, plans to meet ruling-party lawmakers in Tokyo … More »Olympus ex-CEO to meet MPs, push for Japan reform: source

    To match Interview OLYMPUS/WOODFORD

    TOKYO (Reuters) - The whistleblower in a $1.7 billion accounting scandal at Japan's Olympus Corp, ex-CEO Michael Woodford, plans to meet ruling-party lawmakers in Tokyo this week as he lobbies for reforms to Japanese boardrooms, a source said on Monday. Woodford, an Englishman who was sacked as chief executive by the firm's …

  • Morning commuters rush past a branch of RBS in London
    RBS report urges tougher rules on bank M&A, execs Reuters - 3 hrs ago

    LONDON (Reuters) - Bank takeovers should face deeper scrutiny and directors be more accountable for their actions, Britain's finance watchdog said in a long-awaited report … More »RBS report urges tougher rules on bank M&A, execs

    Morning commuters rush past a branch of RBS in London

    LONDON (Reuters) - Bank takeovers should face deeper scrutiny and directors be more accountable for their actions, Britain's finance watchdog said in a long-awaited report into Royal Bank of Scotland's near collapse. The Financial Services Authority (FSA) said in a 452-page report on Monday that RBS managers, like former …

  • Italy yields stay close to record high at 1-year auction Reuters - 58 mins ago

    MILAN (Reuters) - Italian one-year borrowing costs stayed close to a record high at an auction on Monday, in an early sign that last week's EU summit failed to reassure … More »Italy yields stay close to record high at 1-year auction

    MILAN (Reuters) - Italian one-year borrowing costs stayed close to a record high at an auction on Monday, in an early sign that last week's EU summit failed to reassure investors European leaders can take the urgent steps required to stem the euro zone debt crisis. The Dutch government in contrast paid a negative yield …

  • German state seeks changes to D.Boerse, NYSE deal Reuters - 1 hr 25 mins ago

    FRANKFURT (Reuters) - A regional regulator said it had raised some objections to exchange operator Deutsche Boerse's takeover of NYSE Euronext and was awaiting a reply. … More »German state seeks changes to D.Boerse, NYSE deal

    FRANKFURT (Reuters) - A regional regulator said it had raised some objections to exchange operator Deutsche Boerse's takeover of NYSE Euronext and was awaiting a reply. "There are legal reservations about the deal," the Hessian Ministry of Economics said in an e-mailed statement on Monday. The ministry, based in Wiesbaden, …

  • A worker checks aluminium utensils outside a factory on the outskirts of Agartala
    India's industrial output slumps, pressures central Reuters - 4 hrs ago

    NEW DELHI (Reuters) - India's industrial output fell in October for the first time in more than two years as capital goods investment slumped, ramping up pressure on … More »India's industrial output slumps, pressures central

    A worker checks aluminium utensils outside a factory on the outskirts of Agartala

    NEW DELHI (Reuters) - India's industrial output fell in October for the first time in more than two years as capital goods investment slumped, ramping up pressure on the central bank to ease monetary or liquidity conditions, possibly as soon as Friday. Production at factories, mines and utilities plunged 5.1 percent from …

  • Britain's Prime Minister Cameron looks at Germany's Chancellor Merkel at a European Union summit in Brussels
    Insight: The day Europe lost patience with Britain Reuters - 10 hrs ago

    BRUSSELS (Reuters) - It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its … More »Insight: The day Europe lost patience with Britain

    Britain's Prime Minister Cameron looks at Germany's Chancellor Merkel at a European Union summit in Brussels

    BRUSSELS (Reuters) - It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its lot in with EU founding members France and Germany and committed to binding their economies ever more tightly. There was plenty of talk of history in the …

  • The Caterpillar logo is seen on a tractor in Gilbert
    U.S.-listed firms told to reveal Syria, Iran links: FT Reuters - 10 hrs ago

    NEW YORK (Reuters) - At least a dozen U.S.-listed companies have been told by the U.S. Securities and Exchange Commission to disclose business activity in and with Syria, … More »U.S.-listed firms told to reveal Syria, Iran links: FT

    The Caterpillar logo is seen on a tractor in Gilbert

    NEW YORK (Reuters) - At least a dozen U.S.-listed companies have been told by the U.S. Securities and Exchange Commission to disclose business activity in and with Syria, Iran and others deemed "state sponsors" of terror by the state department, the Financial Times said on Sunday. The inquiries are part of SEC reviews of …

  • US stock futures fall on euro pact concerns AP - 6 mins ago

    U.S. stock futures are falling Monday as the initial enthusiasm over last week's agreement on fixing the European debt crisis is replaced by worries that it won't be … More »US stock futures fall on euro pact concerns

    U.S. stock futures are falling Monday as the initial enthusiasm over last week's agreement on fixing the European debt crisis is replaced by worries that it won't be enough.

  • Spanish king distances himself from son-in-law AP - 30 mins ago

    King Juan Carlos's son-in-law will stop taking part in official ceremonies because of business dealings that are under investigation, Spain's Royal Palace said Monday … More »Spanish king distances himself from son-in-law

    King Juan Carlos's son-in-law will stop taking part in official ceremonies because of business dealings that are under investigation, Spain's Royal Palace said Monday as it sought to dissipate a whiff of scandal.

  • Metalworkers march through downtown Turin, Italy, Monday, Dec. 12, 2011. Union leaders in Italy are calling on workers to stage a three-hour strike to protest austerity measures that Premier Mario Monti hopes will save the country from financial ruin. The union leaders say the measures hit too hard at pensioners and workers and not hard enough at the wealthy (AP Photo/Fabio Ferrari, Lapresse) ITALY OUT
    Italian markets nervous as unions strike over cuts AP - 40 mins ago

    Italian financial market jitters worsened on Monday, as workers angry about government austerity reforms went on strike and held nationwide rallies while investors turned … More »Italian markets nervous as unions strike over cuts

    Metalworkers march through downtown Turin, Italy, Monday, Dec. 12, 2011. Union leaders in Italy are calling on workers to stage a three-hour strike to protest austerity measures that Premier Mario Monti hopes will save the country from financial ruin. The union leaders say the measures hit too hard at pensioners and workers and not hard enough at the wealthy (AP Photo/Fabio Ferrari, Lapresse) ITALY OUT

    Italian financial market jitters worsened on Monday, as workers angry about government austerity reforms went on strike and held nationwide rallies while investors turned skeptical about an EU pact to save the euro.

  • In this Dec. 9, 2011 photo, trader Anthony Satriale, center, works on the floor of the New York Stock Exchange. Enthusiasm for riskier assets such as stocks and the euro faded Monday, Dec. 12, 2011, as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be insufficient. (AP Photo/Richard Drew)
    Markets fall as mood darkens over EU crisis pact AP - 54 mins ago

    Enthusiasm for riskier assets such as stocks and the euro faded Monday as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be … More »Markets fall as mood darkens over EU crisis pact

    In this Dec. 9, 2011 photo, trader Anthony Satriale, center, works on the floor of the New York Stock Exchange. Enthusiasm for riskier assets such as stocks and the euro faded Monday, Dec. 12, 2011, as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be insufficient. (AP Photo/Richard Drew)

    Enthusiasm for riskier assets such as stocks and the euro faded Monday as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be insufficient.

  • Volvo proposes BP's Svanberg as new chairman AP - 57 mins ago

    AB Volvo proposed Monday that BP Chairman Carl-Henric Svanberg also becomes chairman of the Swedish truck maker. More »Volvo proposes BP's Svanberg as new chairman

    AB Volvo proposed Monday that BP Chairman Carl-Henric Svanberg also becomes chairman of the Swedish truck maker.

  • Fed nearing a plan to clarify direction of rates AP - 1 hr 28 mins ago

    The Federal Reserve under Ben Bernanke has gone further than ever to explain its policies to the public. It's ready to go further still. More »Fed nearing a plan to clarify direction of rates

    The Federal Reserve under Ben Bernanke has gone further than ever to explain its policies to the public. It's ready to go further still.

  • Etihad buys 12 more Boeing jets in $2.8B deal AP - 1 hr 43 mins ago

    Fast-growing Gulf carrier Etihad Airways said Monday it is buying 10 more of Boeing's new 787-9 planes, making it the largest airline customer for that version of the … More »Etihad buys 12 more Boeing jets in $2.8B deal

    Fast-growing Gulf carrier Etihad Airways said Monday it is buying 10 more of Boeing's new 787-9 planes, making it the largest airline customer for that version of the much-hyped carbon fiber jet.

  • Latvian bank fights off deposit run AP - 1 hr 37 mins ago

    Latvia's largest bank scrambled Monday to head off a run among depositors who were gripped by rumors of the bank's imminent ruin. More »Latvian bank fights off deposit run

    Latvia's largest bank scrambled Monday to head off a run among depositors who were gripped by rumors of the bank's imminent ruin.

  • 'Fake Sheik' appears at UK phone hacking inquiry AP - 1 hr 46 mins ago

    The star undercover reporter for the now-defunct News of the World tabloid told Britain's media ethics inquiry Monday that he duped celebrities only to expose criminality, … More »'Fake Sheik' appears at UK phone hacking inquiry

    The star undercover reporter for the now-defunct News of the World tabloid told Britain's media ethics inquiry Monday that he duped celebrities only to expose criminality, immorality or hypocrisy.

  • Dutch firm sorry for design resembling 9/11 attack AP - 2 hrs 23 mins ago

    A Dutch architectural company has apologized for a design of two Seoul skyscrapers that to some resembles the World Trade Center exploding during the 9/11 terror att … More »Dutch firm sorry for design resembling 9/11 attack

    A Dutch architectural company has apologized for a design of two Seoul skyscrapers that to some resembles the World Trade Center exploding during the 9/11 terror attacks.

  • TSX to open lower as euro zone doubts linger Reuters - 3 mins 56 secs ago

    (Reuters) - Canada's resource-heavy main stock index was set to open lower on Monday, dragged down by falling commodity prices as the initial enthusiasm over a European … More »TSX to open lower as euro zone doubts linger

    (Reuters) - Canada's resource-heavy main stock index was set to open lower on Monday, dragged down by falling commodity prices as the initial enthusiasm over a European Union deal to tackle its debt crisis faded. FACTORS TO WATCH * Canadian equity futures pointed to a lower open. * U.S. stock index futures fell on lingering …

  • A trader works on the floor of the New York Stock Exchange in New York
    TSX to open lower as euro zone doubts linger Reuters - 5 mins ago

    (Reuters) - Canada's resource-heavy main stock index was set to open lower on Monday, dragged down by falling commodity prices as the initial enthusiasm over a European … More »TSX to open lower as euro zone doubts linger

    A trader works on the floor of the New York Stock Exchange in New York

    (Reuters) - Canada's resource-heavy main stock index was set to open lower on Monday, dragged down by falling commodity prices as the initial enthusiasm over a European Union deal to tackle its debt crisis faded. FACTORS TO WATCH * Canadian equity futures pointed to a lower open. * U.S. stock index futures fell on lingering …

  • US stock futures fall on euro pact concerns AP - 6 mins ago

    U.S. stock futures are falling Monday as the initial enthusiasm over last week's agreement on fixing the European debt crisis is replaced by worries that it won't be … More »US stock futures fall on euro pact concerns

    U.S. stock futures are falling Monday as the initial enthusiasm over last week's agreement on fixing the European debt crisis is replaced by worries that it won't be enough.

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Life is a sexually transmitted disease.
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R. D. Laing
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You can take all the sincerity in Hollywood, place it in the navel of a firefly and still have room enough for three caraway seeds and a producer's heart.
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Fred Allen (1894 - 1956)
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The height of cleverness is to be able to conceal it.
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Francois de La Rochefoucauld (1613 - 1680)
No man remains quite what he was when he recognizes himself.
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Thomas Mann (1875 - 1955)
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