Morning Digest: Moody's cuts ratings of 15 banks

	Click to View in Browser 06/22/2012 Moody's cuts ratings of 15 banks CHARLOTTE, N.C./LONDON (Reuters) - Ratings agency Moody's downgraded 15 of the world's biggest banks on Thursday, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital markets activities, but banks criticized the move as backward looking.. Insight: Children of Mao's wrath vie for power in China BEIJING (Reuters) - Forty five years before ambitious Chinese politician Bo Xilai fell from power accused of flirting with Cultural Revolution extremism, he stood as a teenager in front of a baying crowd that accused him of defying Mao Zedong's campaign.. Stock index futures rise; banks in focus PARIS (Reuters) - Stock index futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500 up 0.45 percent, Dow Jones futures up 0.25 percent and Nasdaq 100 futures up 0.4 percent at 0916 GMT.. Travolta sued for libel as gay claims resurface LOS ANGELES (Reuters) - A Los Angeles man who wrote a book about his alleged gay encounters with John Travolta filed a libel lawsuit on Thursday against the actor and his attorney.. Miami steals Oklahoma's thunder, NBA title MIAMI (Reuters) - LeBron James led an outstanding team effort as the Miami Heat demolished the Oklahoma City Thunder 121-106 to claim the NBA title on Thursday, the new champions reeling off four straight wins to take the series 4-1.. Yahoo, Facebook seek more time for settlement talks (Reuters) - Yahoo Inc and Facebook Inc believe settlement talks in a high profile patent lawsuit would be helped if a U.S. judge pushed back certain deadlines in the case, according to a court filing on Tuesday.. U.S. close to seizing disputed dinosaur skeleton (Reuters) - U.S. authorities said they expect this week to seize a 70-million-year-old dinosaur skeleton that was discovered in Mongolia more 65 years ago and now is stored in New York and at the center of an international legal dispute.. Same-sex couple wed to mark comic book superhero marriage NEW YORK (Reuters) - A same-sex couple tied the knot at a comic-book store in New York on Wednesday to celebrate the first gay nuptials in the superhero world in a new edition from Marvel Comics.. Related Video Casualties after blast near Pakistan shrine Police strike in Bolivia Great Debate Yes, there are things the Rio summit can accomplish Will George W. Bush become a surprise Obama asset? A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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