Morning Digest: U.S. aims to cut defense budget and slash troops

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	01/7/2011
Good Morning Bit LATEST NEWS U.S. aims to cut defense budget and slash troops WASHINGTON (Reuters) - The United States plans to cut $78 billion in defense spending over five years, including a reduction of up to 47,000 troops, in a politically contentious move that would trim the government's growing budget deficit. | Full Article Two Koreas and U.S. militaries lower alert: report January 07, 2011 02:20 AM ET SEOUL (Reuters) - South Korean and U.S. forces have downgraded their defensive alert against the North based on intelligence that Pyongyang has relaxed the standby status of military units on the west coast, a news report said on Friday. | Full Article Wall Street futures fall ahead of U.S. payrolls January 07, 2011 05:04 AM ET NEW YORK (Reuters) - U.S. stock index futures edged down on Friday, as caution prevailed ahead of the release of U.S. non-farm payroll figures, with futures for the S&P 500, the Dow Jones and the Nasdaq down 0.1 to 0.2 percent by 4:42 a.m. ET. | Full Article FCC head urges swift action on spectrum crunch January 06, 2011 09:27 PM ET WASHINGTON (Reuters) - A booming wireless market threatens to overload U.S. airwaves if the government fails to act swiftly, the nation's top communications regulator said in remarks prepared for a speech on Friday. | Full Article Mass bird deaths rare, not apocalyptic: experts January 06, 2011 01:15 PM ET OSLO (Reuters) - Birds falling out of the sky in the United States and Sweden are freak examples of the kind of mass animal deaths, from beached whales to deluges of frogs, that have unusual but not apocalyptic causes, experts say. | Full Article Top prospect Luck to skip draft and stay in school January 06, 2011 04:19 PM ET SAN FRANCISCO (Reuters) - Andrew Luck, who was expected to be the top pick in the 2011 NFL draft, has decided to return to school for another year, the Stanford University quarterback said on Thursday. | Full Article Michael Jackson doctor kept mum about propofol at hospital January 06, 2011 09:38 PM ET LOS ANGELES (Reuters) - Two hospital physicians testified on Thursday that Michael Jackson's doctor never admitted to giving him the powerful anesthetic propofol after the singer arrived at their emergency room in cardiac arrest. | Full Article Penguin in zoo strolls into lions' den January 06, 2011 12:55 PM ET BERLIN (Reuters) - A resourceful baby penguin took advantage of Germany's wintry weather to give her minders the slip and embark on a tour of the zoo before waddling into the lions' den. | Full Article RELATED VIDEO Mail attack in Maryland Gates details Pentagon cuts Industry tries 3D TV revival at CES 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 - 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