Tuesday, August 31, 2010

Yahoo! News: Health News

Yahoo! News: Health News


Wall St climbs after consumer confidence data (Reuters)

Posted: 31 Aug 2010 07:49 AM PDT

Traders work on the floor of the New York Stock Exchange, August 30, 2010. REUTERS/Brendan McDermidReuters - Wall Street erased initial gains and moved higher on Tuesday as a string of economic data helped relieve investor anxiety about the strength of the economic recovery.


Loan picture improves but troubles remain: FDIC (Reuters)

Posted: 31 Aug 2010 07:08 AM PDT

FDIC Chairman Sheila Bair in Washington, October 21, 2009. REUTERS/Jonathan ErnstReuters - The U.S. loan picture improved slightly during the second quarter, with the amount of loans 90 days or more past due declining for the first time in more than four years, bank regulators said on Tuesday.


Consumer confidence and home prices edge up (Reuters)

Posted: 31 Aug 2010 07:51 AM PDT

A man pushes his shopping cart down an aisle at a Home Depot store in New York, July 29, 2010. REUTERS/Shannon StapletonReuters - U.S. consumer confidence edged up in August while prices for U.S. homes gained more than expected in June, providing a little relief for those concerned about a slowdown in the economic recovery.


Exelon to buy Deere's wind power unit for $860 million (Reuters)

Posted: 31 Aug 2010 07:47 AM PDT

Reuters - Electric utility Exelon Corp said it will buy Deere & Co's wind power business for about $860 million, expanding its portfolio of carbon-free electricity generation.

Bayer and Bristol's rival clot drugs both impress (Reuters)

Posted: 31 Aug 2010 08:23 AM PDT

Reuters - Rival anti-clotting drugs from Bayer (BAYGn.DE) and Bristol-Myers Squibb both impressed in clinical trials, keeping them firmly in the race to displace the old, problematic heart drug warfarin.

A look at economic developments around the globe (AP)

Posted: 30 Aug 2010 10:45 AM PDT

AP - A look at economic developments and activity in major stock markets around the world Monday:

India GDP grows most since Dec 2007 (Reuters)

Posted: 31 Aug 2010 03:56 AM PDT

Reuters - India's economy grew at its fastest pace in nearly three years in the April-June quarter on strong manufacturing growth and better farm output that may keep the central bank on its gradual monetary tightening path.

Heinz operating earnings up 10 percent (Reuters)

Posted: 31 Aug 2010 07:55 AM PDT

Reuters - U.S. food maker H.J. Heinz Co said quarterly earnings from continuing operations rose 10 percent, helped by sales growth in emerging markets.

German official unemployment rate stable at 7.6% (AFP)

Posted: 31 Aug 2010 01:43 AM PDT

A woman walks into an unemployment agency in the southern German city of Nuremberg in June 2010. The German unemployment rate was stable in August at 7.6 percent of the workforce, official figures showed as the number of people seeking work edged slightly lower to 3.188 million people.(AFP/File/Christof Stache)AFP - The German unemployment rate was stable in August at 7.6 percent of the workforce, official figures showed on Tuesday as the number of people seeking work edged slightly lower to 3.188 million people.


Taiwan rejects Primus purchase of AIG unit (AP)

Posted: 31 Aug 2010 04:12 AM PDT

AP - Taiwanese regulators on Tuesday rejected Primus Financial Holdings' planned purchase of AIG's Taiwan life insurance unit amid concerns that the Cayman Island-based firm may be backed by funds from rival China.

Indian economy posts best performance since 2007 (AFP)

Posted: 31 Aug 2010 04:34 AM PDT

Indian vegetable vendors sort through potatoes at market in New Delhi. India's economy grew 8.8 percent in the fiscal first quarter, its best performance since 2007, data showed Tuesday as the country returned to boom levels last seen before the financial crisis.(AFP/Manpreet Romana)AFP - India's economy grew 8.8 percent in the fiscal first quarter, its best performance since 2007, data showed Tuesday as the country returned to boom levels last seen before the financial crisis.


Staples will sell Amazon.com's Kindle (AP)

Posted: 31 Aug 2010 05:35 AM PDT

In this May 25, 2010 photograph, an Amazon.com Inc. Kindle e-reader is shown at the annual Amazon.com Shareholders Meeting in Seattle. Office supply retailer Staples Inc. will start selling Amazon.com's Kindle electronic-book reader this fall.(AP Photo/Ted S. Warren)AP - Office supply retailer Staples Inc. will start selling Amazon.com's Kindle electronic-book reader this fall.


Forget Treasuries. Buy Convertibles Instead. (The Motley Fool)

Posted: 30 Aug 2010 10:41 AM PDT

The Motley Fool - The recent pullback in the stock market has many investors running for cover. Meanwhile, fear of an imminent double-dip recession and concerns about renewed pressure in the housing market has pushed bond prices to historic highs, reducing bond yields and creating an income crunch for savers. Throughout 2010, billions of dollars have gone into bond mutual funds, and the trend shows no sign of reversing anytime soon.

Greenpeace blocks Greenland drilling (AP)

Posted: 31 Aug 2010 07:43 AM PDT

In this photo made available by Greenpeace on Tuesday, Aug. 31, 2010, an activist occupies the Stena Don oil-rig in the Arctic, off the coast of Greenland. Greenpeace claims it has forced a Scottish company to stop drilling off Greenland after four activists climbed onto an oil rig. Greenpeace said in a Tuesday statement that the activists had breached a 1,650-feet (500-meter) security perimeter around the Stena Don rig off western Greenland, triggering a shutdown. (AP Photo/Greenpeace, HO)  ** EDITORIAL USE NO SALES  **AP - Greenpeace forced a Scottish company to stop drilling off Greenland on Tuesday by having four activists climb onto an oil rig.


A look at home prices in 20 US cities (AP)

Posted: 31 Aug 2010 08:53 AM PDT

AP - Home prices rose in June as now-expired tax credits inspired a burst of home-buying. But demand has faded and prices are expected to fall through the rest of the year.

GM expects competitive Chevy Volt pricing in China (Reuters)

Posted: 31 Aug 2010 04:21 AM PDT

A car sale is advertised on the back of a Chevrolet vehicle at a General Motors car dealership in Ferndale, Michigan. The top US automaker is leading a pack of companies pursuing initial public offerings of their shares this year, after a long hiatus due to the financial crisis that plunged the country into a brutal recession.(AFP/Getty Images/File/Bill Pugliano)Reuters - General Motors expects competitive pricing for its electric Chevrolet Volt in China as it hopes to gain a foothold in China's fledgling environmentally friendly car industry with the highly anticipated car.


Making the Most of the Campus Visit (BusinessWeek)

Posted: 31 Aug 2010 05:08 AM PDT

BusinessWeek - The campus visit is important to business school applicants because it can enhance their application and give them a sense of where they might one day earn their MBA. Although most experts agree that visitors should not get hung up on garnering face time with the busy admissions committee, some programs go as far as aiding them with their application, says Sam Kang, director of admissions for the full-time MBA/MS programs at the University of Maryland Smith School of Business (Smith Full-Time MBA Profile).

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