Yahoo! News: Health News

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• Wall Street pares losses, recovery stays anemic (Reuters)
• Imports slow second-quarter growth (Reuters)
• Chevron earnings triple (Reuters)
• Merck pares 2010 forecast, despite beat in quarter (Reuters)
• Chrysler to keep Michigan plant open, add jobs (Reuters)
• A look at global economic developments (AP)
• China overtakes Japan as No.2 economy: FX chief (Reuters)
• Areva net profit soars despite new EPR charge (AP)
• No end for Greek fuel protest, tourism slammed (AP)
• Reverse Mortgages Aren't Catching On (U.S. News & World Report)
• Arch Coal 2Q profit surges on global sales (AP)
• Fannie Mae portfolio grows, delinquencies decline (Reuters)
• Time to scrap BP brand? Gas-station owners divided (AP)
• Kerry says he mishandled furor over yacht taxes (AP)
• Chrysler to add 900 jobs to midsize-car plant (AP)

Wall Street pares losses, recovery stays anemic (Reuters) Posted: 30 Jul 2010 09:12 AM PDT Reuters - Stocks eased slightly on Friday, but for the second day in a row major indexes bounced off session lows, this time on a positive report on Midwest manufacturing activity.

Imports slow second-quarter growth (Reuters) Posted: 30 Jul 2010 08:38 AM PDT Reuters - Economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.

Chevron earnings triple (Reuters) Posted: 30 Jul 2010 10:03 AM PDT Reuters - Chevron Corp, the second-largest U.S. oil company, posted three-fold profit growth that beat estimates as refinery margins improved, and raised its 2010 oil and gas production growth target to 3 percent.

Merck pares 2010 forecast, despite beat in quarter (Reuters) Posted: 30 Jul 2010 07:20 AM PDT Reuters - Merck and Co issued a more cautious 2010 profit outlook on Friday and reported disappointing second-quarter sales of its vaccines and Singulair asthma drug, sending its shares down more than 3 percent.

Chrysler to keep Michigan plant open, add jobs (Reuters) Posted: 30 Jul 2010 09:23 AM PDT Reuters - Chrysler Group LLC will add a second shift to the Sterling Heights Assembly Plant near Detroit in early 2011 and keep that plant open beyond 2012, when it had been planned to shut, the company said on Friday.

A look at global economic developments (AP) Posted: 29 Jul 2010 01:53 PM PDT AP - A look at economic developments and activity in major stock markets around the world Thursday:

China overtakes Japan as No.2 economy: FX chief (Reuters) Posted: 30 Jul 2010 06:40 AM PDT Reuters - China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty.

Areva net profit soars despite new EPR charge (AP) Posted: 30 Jul 2010 09:58 AM PDT AP - France's state-owned nuclear reactor builder Areva SA said Friday its net profit soared in the first half after it booked a euro1.3 billion (US$1.7 billion) gain selling its electric transmission and distribution division to French engineering firms Alstom SA and Schneider Electric SA.

No end for Greek fuel protest, tourism slammed (AP) Posted: 30 Jul 2010 08:53 AM PDT AP - Defying an emergency government order, Greek truck drivers vowed Friday to press ahead with a strike that has halted fuel supplies across the country and is hurting tourism during the peak summer season.

Reverse Mortgages Aren't Catching On (U.S. News & World Report) Posted: 30 Jul 2010 08:51 AM PDT U.S. News & World Report - The reverse mortgage industry, hammered for high fees and high pressure sales tactics, has steadily improved its procedures and its image. Loan fees and interest rates have been lowered, consumer disclosure has improved, and the federal government's insured reverse mortgage program has provided stability and credibility to the industry. A-list lenders have expanded their presence in the market; Wells Fargo and Bank America are the nation's top two reverse mortgage lenders.

Arch Coal 2Q profit surges on global sales (AP) Posted: 30 Jul 2010 06:20 AM PDT AP - Arch Coal Inc. said Friday it reversed losses from a year ago during the second quarter, handily beating Wall Street's expectations on the strength of global markets and a nearly 40 percent jump in sales.

Fannie Mae portfolio grows, delinquencies decline (Reuters) Posted: 30 Jul 2010 07:22 AM PDT Reuters - Fannie Mae expanded its mortgage portfolio in June, while the rate of late payments on loans it guarantees fell in May to the lowest level this year, the largest U.S. home loan purchaser said on Friday.

Time to scrap BP brand? Gas-station owners divided (AP) Posted: 30 Jul 2010 09:41 AM PDT AP - BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets as Amoco or another name as part of efforts to repair the company's badly damaged reputation.

Kerry says he mishandled furor over yacht taxes (AP) Posted: 30 Jul 2010 06:52 AM PDT AP - Sen. John Kerry said he always intended to pay taxes in Massachusetts on his $7 million yacht but conceded he mishandled the public furor over his decision to dock the vessel in tax-free Rhode Island.

Chrysler to add 900 jobs to midsize-car plant (AP) Posted: 30 Jul 2010 09:55 AM PDT AP - Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit. Its decision is a show of optimism that consumers will embrace its redesigned midsize sedans.

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