Stocks slide...IMF warns on Europe slowdown impact...Verizon targets Netflix

影视帝国 tomove.com.cnMAP NEW YORK (AP) — Stocks are lower in early trading. Investors are cautious with talks dragging on among Greek political leaders over the austerity package required for the country to get more bailout loans. BEIJING (AP) — The International Monetary Fund warns a sharp downturn in Europe could cut China's economic growth by nearly half. The IMF says Beijing should be ready to launch a multibillion-dollar stimulus to avoid a relative slump in the world's second-largest economy. NEW YORK (AP) — Looking to take on Netflix, Verizon Communications says it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks. The move adds another twist in Verizon's quest to become a force in home entertainment, and looks set to compete to some extent with the cable-TV services it already sells. WASHINGTON (AP) — Scientists for the Food and Drug Administration say an Amgen drug slowed the spread of cancer to the bone in men with hard-to-treat prostate cancer. At the same time, the drug did not extend life and carries significant side effects. PAWTUCKET, R.I. (AP) — Toymaker Hasbro reports its fourth-quarter profit fell 1 percent. It was hurt by softer-than-expected demand in the U.S. and Canada and slow sales of games and puzzles.