Two Koreas and U.S. militaries lower alert: report | Financial & Forex Info News | Reuters Morning Digest

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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

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