Monday, December 20, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street ticks down, tech weighs (Reuters)

Posted: 20 Dec 2010 07:20 AM PST

Traders work on the floor of the New York Stock Exchange December 3, 2010. REUTERS/Brendan McDermidReuters - U.S. stock indexes turned negative in morning trade on Monday, weighed by declines in the information technology sector.

NY prosecutors set to sue Ernst & Young: report (Reuters)

Posted: 20 Dec 2010 08:53 AM PST

Reuters - Prosecutors in New York are set to file civil fraud charges against accounting firm Ernst & Young LLC over the collapse of Lehman Brothers Holdings Inc, the Wall Street Journal said on Monday, citing people familiar with the matter.

Genzyme to argue Campath value in Sanofi fight (Reuters)

Posted: 20 Dec 2010 08:45 AM PST

A sign marks the headquarters of Genzyme in Cambridge, Massachusetts in this August 3, 2010 file photo. REUTERS/Brian SnyderReuters - Genzyme Corp , which is fighting off a hostile $18.5 billion bid from Sanofi-Aventis SA , is taking another stab at persuading investors that its experimental multiple sclerosis drug is worth more than Sanofi's projections.

Russian potash miner Uralkali to buy Silvinit (Reuters)

Posted: 20 Dec 2010 08:36 AM PST

Reuters - A Russian billionaire set the terms on Monday for a merger of Russia's top two producers of potash, Uralkali and Silvinit to create the world's No. 2 player.

Telenor blasts troubled Vimpelcom-Weather deal (Reuters)

Posted: 20 Dec 2010 07:56 AM PST

Reuters - Vimpelcom's $6.6 billion bid for telecoms assets owned by Weather Investments was hanging by a thread after Norwegian shareholder Telenor said on Monday it would not back the deal.

QR Energy units fall in first trading day (AP)

Posted: 17 Dec 2010 02:43 PM PST

AP - QR Energy LP units dipped Friday on their first day of trading on the New York Stock Exchange.

Obama salutes spirit of compromise, signs tax bill (AP)

Posted: 18 Dec 2010 02:46 AM PST

President Barack Obama, joined by Republican and Democratic lawmakers including Senate Republican leader Mitch McConnell of Kentucky at right, looks up after signing the bipartisan tax package that extends tax cuts for families at all income levels, during a signing ceremony at the Eisenhower Executive Office Building in the White House complex, Friday, Dec. 17, 2010, in Washington. Aimed at helping to stabilize the recovering economy, the bill keeps in place tax cuts instituted by President George W. Bush for another two years. (AP Photo/J. Scott Applewhite)AP - President Barack Obama signed into law a huge, holiday-season tax bill extending cuts for all Americans on Friday, saluting a new spirit of political compromise as Republicans applauded and liberals seethed. The benefits range from tax cuts for millionaires and the middle class to longer-term help for the jobless.

ECB government bond purchases drop sharply (AP)

Posted: 20 Dec 2010 08:50 AM PST

**ALTERNATIVE CROP OF DR103** A riot police runs as a patrol police car burns during riots in Barcelona on Wednesday, Sept. 29, 2010. Spanish workers staged a general strike Wednesday to protest austerity measures imposed by a government struggling to slash its budget deficit and overcome recession.(AP Photo/Manu Fernandez)AP - The European Central Bank has sharply reduced its purchases of bonds from vulnerable governments such as Greece, Ireland, or Portugal, despite pressure to do more to help fight the continent's crippling debt crisis.

Moody's downgrades ratings on Irish banks (AP)

Posted: 20 Dec 2010 07:49 AM PST

Tens of thousands of people Saturday joined a mass protest in Dublin against austerity measures needed to secure an international bailout for Ireland, as speculation grew of an imminent deal. Duration: 00:50(AFPTV)AP - Ratings agency Moody's on Monday downgraded four Irish banks and an insurer, dropping two of them to junk status — a reminder of the financial mess the country faces at it looks to draw on an international rescue loan.

Online holiday spending up 12 percent (Reuters)

Posted: 20 Dec 2010 07:48 AM PST

Reuters - U.S. online sales are up 12 percent to $27.5 billion so far this holiday shopping season compared with a year ago, according to research firm comScore.

Peugeot China sales could outstrip France by 2015: WSJ (AFP)

Posted: 19 Dec 2010 11:09 PM PST

French automaker Peugeot has said its sales in China could pass those in its home market in five years, a report said Monday, underlining the Asian nation's importance as the world's largest car market.(AFP/File/Eric Piermont)AFP - French automaker Peugeot has said its sales in China could pass those in its home market in five years, a report said Monday, underlining the Asian nation's importance as the world's largest car market.

Exxon restarts some Nigeria Oso condensate output (Reuters)

Posted: 20 Dec 2010 08:52 AM PST

Reuters - Exxon Mobil said on Monday it had restarted 15,000 barrels per day (bpd) of Nigerian Oso condensate production, which was shut in following a militant raid on an offshore platform on November 14.

Audacity of 'austerity,' 2010 Word of the Year (AP)

Posted: 20 Dec 2010 07:14 AM PST

In this Tuesday, Dec. 14, 2010 photo, the word 'austerity' is shown on an index card file at dictionary publisher Merriam-Webster Inc. in Springfield, Mass. Merriam-Webster has chosen 'austerity' as its 2010 Word of the Year. (AP Photo/Charles Krupa)AP - As Greece faced a debt crisis, the government passed a series of strict austerity measures, including taxes hikes and cutting public sector pay.

Ford bringing C-Max small minivan to U.S. market (Reuters)

Posted: 20 Dec 2010 07:08 AM PST

Reuters - Ford Motor Co will introduce a seven-passenger C-Max minivan to the North American market in 2012, a vehicle that is smaller than most current minivans in an effort aimed at young families.
Posted by Harshad at 9:11 AM

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