U.S. Top News Early Edition: Fed seeks to calm markets after discount rate rise

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Good Morning Robert, FRI 19 Feb 2010    Fed seeks to calm markets after discount rate rise Toyota head prepares for Congress grilling on recalls Small plane is crashed into tax offices in Texas In Nevada, Obama pushes for more housing help Russia urges Iran to cooperate on nuclear issue U.S. strike in Pakistan kills Afghan militant's son NY Democrats seek to avoid Massachusetts debacle China says Obama hurt ties by meeting Dalai Lama Tiger Woods to make public apology Suspect substance at U.N. complex thought harmless Asia eyes U.S.-Dalai Lama meet Coup in Niger Clinton & UN launch 2nd Haiti appeal Fed seeks to calm markets after discount rate rise February 19, 2010 07:34 AM ET WASHINGTON/MEMPHIS, Tennessee (Reuters) - Federal Reserve officials moved to calm speculation that a surprise rise in its emergency lending rate could bring forward broader policy tightening, saying borrowing costs in the economy would stay low. Full Article Toyota head prepares for Congress grilling on recalls February 19, 2010 07:37 AM ET TOKYO/WASHINGTON (Reuters) - The head of Toyota Motor Corp bowed to pressure to testify before U.S. lawmakers and explain the company's safety crisis, becoming the highest profile Japanese executive to face such a grilling from Congress. Full Article Small plane is crashed into tax offices in Texas February 19, 2010 09:16 AM ET AUSTIN (Reuters) - An apparently disgruntled man crashed a small plane into a federal building housing U.S. tax offices in Austin, Texas on Thursday in what local officials said was likely a deliberate attack. Full Article In Nevada, Obama pushes for more housing help February 19, 2010 08:27 AM ET LAS VEGAS (Reuters) - President Barack Obama will use a campaign stop for Senate Majority Leader Harry Reid on Friday to announce a new initiative to help support homeowners in five states hit hardest by the U.S. housing crisis. Full Article Russia urges Iran to cooperate on nuclear issue February 19, 2010 07:57 AM ET MOSCOW (Reuters) - Russia said on Friday Iran must cooperate more actively with the U.N. nuclear agency to convince the world its nuclear program is peaceful, and gave fresh signals the Kremlin may back sanctions. Full Article U.S. strike in Pakistan kills Afghan militant's son February 19, 2010 08:20 AM ET ISLAMABAD (Reuters) - A son of the leader of a major Taliban faction attacking Western forces in Afghanistan has been killed in a missile strike by a U.S. drone in Pakistan, security officials said on Friday. Full Article NY Democrats seek to avoid Massachusetts debacle February 19, 2010 06:51 AM ET NEW YORK (Reuters) - In a year in which Republicans look likely to make sweeping gains in congressional and governors' elections, New York Democrats are more concerned with fighting each other. Full Article China says Obama hurt ties by meeting Dalai Lama February 19, 2010 02:52 AM ET BEIJING (Reuters) - China accused President Barack Obama of damaging ties by meeting the Dalai Lama and said it was up to Washington to repair relations between the two global powers, while stopping short of threats of retaliation. Full Article Tiger Woods to make public apology February 19, 2010 09:17 AM ET PONTE VEDRA BEACH, Florida (Reuters) - Superstar golfer Tiger Woods, whose stunning fall from grace late last year captivated the sports world, is set to make a public apology on Friday and speak about his playing future. Full Article Suspect substance at U.N. complex thought harmless February 19, 2010 09:00 AM ET UNITED NATIONS (Reuters) - A suspicious substance whose discovery led to the closure of the U.N. staff cafeteria appears to be harmless but is still being analyzed, the United Nations said on Friday. Full Article

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