Wednesday, July 28, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street slips, S&P hovers at technical level (Reuters)

Posted: 28 Jul 2010 09:20 AM PDT

Traders work on the floor of the New York Stock Exchange, July 22, 2010. REUTERS/Brendan McDermidReuters - The S&P 500 struggled to break a key technical level as conflicting reports showing improved corporate earnings and falling orders for the most expensive manufactured goods kept U.S. stocks slightly lower on Wednesday.

Durable goods orders fall, but business spending up (Reuters)

Posted: 28 Jul 2010 09:35 AM PDT

Shoppers look at appliances at a Home Depot store in New York in this file image from December 23, 2009. REUTERS/Lucas Jackson/FilesReuters - New orders for U.S. manufactured goods like cars and planes fell unexpectedly for a second straight month in June, posting the largest drop since August in a sign economic recovery cooled in the second quarter.

Boeing profit beats but shares fall on revenue (Reuters)

Posted: 28 Jul 2010 08:28 AM PDT

The engine and body of the Boeing 787 Dreamliner is seen at the Farnborough International Airshow 2010 in Farnborough, southern England July 19, 2010. REUTERS/Kieran DohertyReuters - Boeing Co reported a higher-than-expected quarterly net profit on Wednesday as the commercial airplane market recovers from a downturn, but its shares slipped 2 percent as revenue fell short of estimates.

Telefonica wins battle for Brazil's Vivo (Reuters)

Posted: 28 Jul 2010 06:59 AM PDT

A man speaks on his mobile phone outside the headquarters of Vivo in Sao Paulo June 30, 2010. REUTERS/Nacho DoceReuters - Spain's Telefonica has won its battle for a bigger share of the burgeoning Brazilian market, raising its offer for Portugal Telecom's stake in mobile operator Vivo (VIVO4.SA) to 7.5 billion euros ($9.7 billion).

Oil spill hits 100 days as BP tees up firesale (Reuters)

Posted: 28 Jul 2010 09:18 AM PDT

A response vessel is seen along a line of emulsified oil between the Deepwater Horizon oil spill site and the Louisiana coast in the Gulf of Mexico, Monday, July 26, 2010. (AP Photo/Gerald Herbert)Reuters - A day after BP said it would sell $30 billion in assets to pay for its Gulf of Mexico oil spill, the focus shifted to what is for sale, while lawyers prepared to tackle a mountain of claims for damages.

Stock rally goes on hold after consumer data (AP)

Posted: 27 Jul 2010 03:07 PM PDT

AP - ECONOMIC DATA TRUMPS EARNINGS: A reading on consumer confidence that came in lower than expected stalled the stock market's three-day rally. The Conference Board's report distracted investors from another batch of upbeat earnings reports.

Obama pushes Congress to pass small business plan (Reuters)

Posted: 27 Jul 2010 05:01 PM PDT

U.S. President Barack Obama makes remarks on the Senate campaign finance reform vote in the Rose Garden at the White House in Washington July 26, 2010. REUTERS/Jim YoungReuters - President Barack Obama pushed the Senate on Tuesday to pass legislation he says will benefit small businesses and generate jobs, and called on Republicans to back what he described as a plan similar to programs they had supported in the past.

Summary Box: Japan's NEC sinks deeper into the red (AP)

Posted: 28 Jul 2010 09:50 AM PDT

AP - LOSS DEEPENS: Japan's NEC Corp. posts a bigger quarterly loss amid a slump in its network systems business and after the sale of its chipmaking unit.

Summary Box: German consumer confidence rises (AP)

Posted: 27 Jul 2010 09:01 AM PDT

AP - FEELING BETTER: A new GfK institute survey shows German consumer confidence is up strongly, rising to 3.9 points for August from 3.6 points in July. That's its highest level since November 2009.

Mortgage applications fall 4.4 percent last week (AP)

Posted: 28 Jul 2010 06:30 AM PDT

AP - Applications for home loans fell last week despite the lowest mortgage rates in decades.

Yuan 'substantially' undervalued: IMF official (AFP)

Posted: 28 Jul 2010 07:29 AM PDT

Chinese 100 Yuan notes are counted in Beijing in June. The Chinese currency is AFP - The Chinese currency is "substantially" undervalued, a senior IMF official said Wednesday, more than a month after Beijing said it would allow the yuan to trade more freely.

Office Depot narrows 2Q loss, but revenue falls (AP)

Posted: 27 Jul 2010 01:09 PM PDT

AP - Office Depot Inc. narrowed its loss in the second quarter on tax benefits and cost cutting but the office supply retailer's sales continued to fall.

What's next for housing finance, Fannie and Freddie? (McClatchy Newspapers)

Posted: 27 Jul 2010 02:06 PM PDT

McClatchy Newspapers - WASHINGTON — With the overhaul of financial regulation in the bag, the Obama administration Tuesday said it'll focus next on housing finance — another key cause of the recent deep economic downturn — with an eye to deciding the fate of mortgage finance titans Fannie Mae and Freddie Mac.

Company doubling workforce on Mich. river spill (AP)

Posted: 28 Jul 2010 09:38 AM PDT

A Canada goose covered in oil attempts to fly out of the Kalamazoo River in Marshall, Mich., Tuesday, July 27, 2010. Crews were working Tuesday to contain and clean up oil from a ruptured pipeline that poured into a creek and flowed into the Kalamazoo River in southern Michigan, coating birds and fish. An estimated 877,000 gallons (3.3 million liters) of oil leaked from a pipeline into the river. (AP Photo/Kalamazoo Gazette, Jonathon Gruenke)AP - A company operating a pipeline that dumped more than 800,000 gallons of oil into a southern Michigan river says it's doubling its work force on the containment and cleanup effort.

Sen. Kerry to pay Mass. tax on yacht docked in RI (AP)

Posted: 27 Jul 2010 03:57 PM PDT

'Isabel,' the 76-foot yacht owned by Democratic Sen. John Kerry of Massachusetts, is undergoing repairs at the Hinckley shipyard in Portsmouth, R.I., Friday, July 23, 2010. Kerry is docking his family's new $7 million yacht in neighboring Newport, R.I., allowing him to avoid paying roughly $500,000 in taxes to the cash-strapped Bay State. (AP Photo/Stew Milne)AP - Sen. John Kerry moved to end a controversy over his decision to base his new $7 million yacht in tax-free Rhode Island, informing the Massachusetts Department of Revenue on Tuesday that he would "promptly" pay taxes as if the vessel were docked in his home state.

Peugeot Citroen returns to profit in first half (AP)

Posted: 28 Jul 2010 02:44 AM PDT

Peugeot Citroen chief executive officer Philippe Varin addresses reporters during the presentation of the company's financial results in Paris, Wednesday July 28, 2001. The French carmaker reported that it made a net profit in the six months through June of euros 680 million ($886 million) compared with a euros 962 million net loss in the same period a year ago.(AP Photo/Remy de la Mauviniere)AP - Carmaker PSA Peugeot Citroen SA on Wednesday reported a return to profit in the first half of 2010, beating market expectations and boosting its outlook thanks to strong demand in China and a raft of new models.

Five Insights into Innovating via Mobile Devices (BusinessWeek)

Posted: 28 Jul 2010 05:08 AM PDT

BusinessWeek - Hey, you rock star, you. You know all about innovating through mobility, right? You do the text messaging and the digital coupons. You're even developing the app your boss wants. You're mirroring what you have on your website. All in all, you have it under control. Yep, you can check another item off your to-do list.
Posted by Harshad at 9:51 AM

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