Yahoo! News: Health News

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• Investors embark on treacherous month (Reuters)
• K+S: no threat from Potash Corp bid battle: report (Reuters)
• Fiscal "alchemy" must mimic monetary science (Reuters)
• Paul Allen's firm sues Silicon Valley giants (Reuters)
• Japan's Noda says ready to use all measures on yen (Reuters)
• FTSE falls after Wall Street slump (AFP)
• Business Highlights (AP)
• Summary Box: British 2Q economic growth revised up (AP)
• Cheaper Reverse Mortgages May Be Coming (U.S. News & World Report)
• China, Japan talks to strengthen economic ties (AP)
• August auto sales sluggish (Reuters)
• Architectural gems languish on Calif. home market (AP)
• Candidate says Alaskans should invest in gas line (AP)
• Democrats claim conservative group tax violation (AP)
• Aug. auto sales expected to fall (Investor's Business Daily)

Investors embark on treacherous month (Reuters) Posted: 28 Aug 2010 06:22 AM PDT Reuters - Beaten-up investors go into September, historically a weak month for stocks, facing key reports on jobs, manufacturing and services. If those disappoint, the S&P 500 could breach technical support levels, pushing stocks yet lower.

K+S: no threat from Potash Corp bid battle: report (Reuters) Posted: 28 Aug 2010 06:20 AM PDT Reuters - Potash miner K+S is specialized enough to weather any takeover of Canadian rival Potash Corp and survive as a standalone entity, the German firm's finance director told a newspaper.

Fiscal "alchemy" must mimic monetary science (Reuters) Posted: 28 Aug 2010 08:19 AM PDT Reuters - Tax and budget policies need the same regularity and independence as monetary policy if countries around the world are to cope with looming stresses from pension programs, world central bankers were told at a Federal Reserve conference on Saturday.

Paul Allen's firm sues Silicon Valley giants (Reuters) Posted: 27 Aug 2010 04:28 PM PDT Reuters - A company linked to Microsoft Corp co-founder Paul Allen is suing 11 major corporations, including Apple, Google and Facebook, accusing them of infringing on technology patents.

Japan's Noda says ready to use all measures on yen (Reuters) Posted: 28 Aug 2010 07:45 AM PDT Reuters - Japanese Finance Minister Yoshihiko Noda said on Saturday he was ready to employ "all possible measures" to tackle the soaring yen, which was having a big impact on the country's export-led economy.

FTSE falls after Wall Street slump (AFP) Posted: 27 Aug 2010 12:37 AM PDT AFP - London stocks fell at the start of trading on Friday after a slump on Wall Street overnight.

Business Highlights (AP) Posted: 27 Aug 2010 02:51 PM PDT AP - Economy edges closer to stalling, government says

Summary Box: British 2Q economic growth revised up (AP) Posted: 27 Aug 2010 12:35 PM PDT AP - CONSTRUCTION BOOSTS GROWTH: Britain's economy grew by 1.2 percent during the second quarter, faster than the earlier estimate of 1.1 percent, thanks to a sharp rise in construction.

Cheaper Reverse Mortgages May Be Coming (U.S. News & World Report) Posted: 27 Aug 2010 11:05 AM PDT U.S. News & World Report - The Federal Housing Administration (FHA) is developing a new reverse mortgage product that sharply cuts up-front payments by home owners but also significantly reduces the percentage of a home's equity that can be paid to owners under the program. Reverse mortgages insured by the government are available on homes where the youngest owner is at least 62 years old. The program is called a Home Equity Conversion Mortgage (HECM).

China, Japan talks to strengthen economic ties (AP) Posted: 28 Aug 2010 02:28 AM PDT AP - The economies of China and Japan are interdependent and their close cooperation has helped two-way trade rebound above the levels before the world financial crisis, a top Chinese economic official said Saturday.

August auto sales sluggish (Reuters) Posted: 27 Aug 2010 08:19 PM PDT Reuters - The U.S. auto industry felt like it dodged a bullet in July when retail sales to consumers held up and confounded forecasts for a drop, but then August came and that sense of relief went out the window.

Architectural gems languish on Calif. home market (AP) Posted: 28 Aug 2010 01:38 AM PDT AP - The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California market.

Candidate says Alaskans should invest in gas line (AP) Posted: 27 Aug 2010 04:33 PM PDT AP - The state's Democratic nominee for governor said Friday he wants to give residents the chance to invest in a proposed pipeline that could ship natural gas to Lower 48 states.

Democrats claim conservative group tax violation (AP) Posted: 27 Aug 2010 03:54 PM PDT AP - The Democratic Party has filed a complaint with the Internal Revenue Service complaining that a conservative foundation spending millions of dollars on ads in election battleground states is violating its status as a tax-exempt organization.

Aug. auto sales expected to fall (Investor's Business Daily) Posted: 27 Aug 2010 03:39 PM PDT Investor's Business Daily - Vehicle sales will likely be 18% lower this month than a year ago, when they were boosted by the federal Cash for Clunkers stimulus program, according to auto Web site Edmunds.com. It estimated that the industry will sell roughly 1.03 mil units in Aug. Five of the six top automakers are projected to report decreases this month, with Chrysler seen as the lone exception.

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