Wednesday, December 22, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street edges higher as financials gain (Reuters)

Posted: 22 Dec 2010 08:41 AM PST

Traders work on the floor of the New York Stock Exchange, November 29, 2010. REUTERS/Brendan McDermidReuters - Stocks edged higher on Wednesday as gains in financial stocks helped put the S&P 500 on pace for a fifth-straight winning session and lifted the benchmark index to levels not seen since before Lehman Brothers went bankrupt.

Third-quarter GDP raised, home sales bounce back (Reuters)

Posted: 22 Dec 2010 09:04 AM PST

Reuters - Sales of previously owned U.S. homes rose in November, offering the latest sign the economy was ending the year on a more solid footing after a sluggish third-quarter performance.

JPMorgan tops fee pool, equity business takes hit (Reuters)

Posted: 22 Dec 2010 08:23 AM PST

Reuters - JPMorgan took a hit in its equity capital markets business in 2010 even though its dominance in debt markets allowed it to cling on to the global top spot for investment banking fees.

Deutsche Bank U.S. tax fraud deal opens floodgates (Reuters)

Posted: 22 Dec 2010 06:22 AM PST

Reuters - Deutsche Bank's U.S. tax fraud settlement has heightened expectations of more deals being struck as American authorities target overseas banks in a crackdown on tax dodgers.

Equity holdings end '10 at solid 65 percent: Reuters poll (Reuters)

Posted: 22 Dec 2010 06:08 AM PST

Reuters - Fund managers rebuilt their equity holdings in December to one of the highest points this year on signs of a swifter economic recovery, a Reuters poll showed on Wednesday.

Analysis: Investors wary of U.S. retailers playing catch-up (Reuters)

Posted: 21 Dec 2010 05:35 AM PST

Reuters - Holiday sales have outpaced expectations so far for U.S. retailers, but stock pickers still see several retailers, including Wal-Mart Stores and Sears Holdings , as laggards days before Christmas.

Fears grow of euro-style debt crisis in US states (AFP)

Posted: 21 Dec 2010 03:47 PM PST

Job seekers enter a career fair in Los Angeles on December 1. No sooner has the last crisis ended, than warnings about the next one begin. In the dying days of the year, with the sub-prime mortgage debacle entering the rear-view mirror, economy-watchers are warning 2011 could see US states and municipalities plunge into a debt crisis of that type that has wrought chaos in Europe.(AFP/Getty Images/File/Kevork Djansezian)AFP - No sooner has the last crisis ended, than warnings about the next one begin. In the dying days of the year, with the sub-prime mortgage debacle entering the rear-view mirror, economy-watchers are warning 2011 could see US states and municipalities plunge into a debt crisis of that type that has wrought chaos in Europe.

Walgreen 1Q profit jumps 18.8 percent (AP)

Posted: 22 Dec 2010 07:15 AM PST

FILE - In this Sept. 27, 2010 file photo, a customer shops at Walgreens in St. Clair Shores, Mich. Walgreen Co., the largest drugstore operator in the U.S., said Wednesday, Dec. 22, 2010, its profit jumped 18.8 percent in the fiscal first quarter on a mix of better pricing and generic drug sales. (AP Photo/Paul Sancya, file)AP - Walgreen Co., the largest drugstore operator in the U.S., said Wednesday that its net income jumped 19 percent in the fiscal first quarter as it continued to remodel thousands of stores and promotions were more successful.

Spain PM: Fixing hurting economy will take 5 years (AP)

Posted: 22 Dec 2010 06:21 AM PST

AP - Spain's prime minister says it will take his nation five years to repair the economic damage caused by Europe's debt crisis and a big real estate boom that went bust.

More people fell out of Obama mortgage-aid program (AP)

Posted: 22 Dec 2010 08:48 AM PST

AP - More troubled homeowners are dropping out of the Obama administration's main foreclosure-relief program, which has been widely criticized for failing to help more people keep their homes.

Greeks go on strike before austerity budget vote (Reuters)

Posted: 22 Dec 2010 02:21 AM PST

A Turkish Cypriot man holds up a cucumber, parsley and a green pepper to symbolically demonstrate against what protesters say are unfair restrictions imposed by authorities in the breakaway Turkish Cypriot north of the divided island on bringing back goods purchased in the internationally recognized Greek Cypriot south at a crossing point in the divided capital Nicosia on Tuesday, Dec. 21, 2010. Cyprus was split in 1974 when Turkey invaded after a coup by supporters of union with Greece. (AP Photo/Harun Ucar)Reuters - Greek unions called a general strike on Wednesday and Athens was paralyzed by a 24-hour public transport stoppage in protest against the government's 2011 budget, set to pass later as part of an EU/IMF bailout.

Last-minute holiday shoppers boost U.S. sales (Reuters)

Posted: 21 Dec 2010 03:11 PM PST

Reuters - More last-minute shoppers flocked to stores this year on the final Saturday before Christmas than last year, but spending is expected to be even higher late this week.

Sales of previously occupied homes up in November (AP)

Posted: 22 Dec 2010 08:43 AM PST

In this Dec. 13, 2010 photo, a home is seen with a 'sold' sign in the front yard, in Springfield, Ill. Sales of previously owned homes edged up in November, posting the third increase in the past four months and offering a glimmer of hope that housing may be starting to stage a slow improvement. ( AP Photo/Seth Perlman)AP - More people bought previously owned homes in November, the third increase in four months after the worst summer season in more than a decade.

Oil tops $90 as gov't says crude supplies shrank (AP)

Posted: 22 Dec 2010 08:43 AM PST

Members of Civil Protection and state-owned oil company Pemex stand inside a burnt building during an inspection in San Martin Texmelucan December 21, 2010. Fuel thieves tampering with an oil pipeline may have sparked a deadly explosion that turned streets of the Mexican town into an inferno that killed 28 people on Sunday, officials said. Oil spilling from a breached pipeline maintained by state oil monopoly Pemex burst into a fireball that destroyed homes and cars before dawn in San Martin Texmelucan, a small community in the state of Puebla about 50 miles (75 km) east of Mexico City. REUTERS/Imelda Medina (MEXICO - Tags: POLITICS DISASTER ENERGY BUSINESS)AP - Oil prices climbed past $90 a barrel on Wednesday as the government reported a drop in the nation's crude supplies. Benchmark oil rose 43 cents to $90.25 in midday trading on the New York Mercantile Exchange.

Senior Safety Nets at Risk in 2011 (U.S. News & World Report)

Posted: 22 Dec 2010 07:22 AM PST

U.S. News & World Report - When Texas Governor Rick Perry recently threatened to pull his state out of Medicaid, he was hardly alone. Across the country, state budgets continue to be strapped. Federal stimulus dollars are running out. And the latest federal tax and stimulus package will not provide much relief at the state and local levels. Meanwhile, looming provisions of health reform will add a projected 16 million to the Medicaid rolls. Where are the facilities to take care of these folks? Where is the money?

Hyundai, VW top insurance industry safe car list (AP)

Posted: 22 Dec 2010 06:58 AM PST

An employee at a dealership of Hyundai Motors walks past autos displayed in Seoul December 1, 2010. Hyundai reported the worst November sales among South Korean automakers on Wednesday, as a prolonged strike at its biggest local production base hit output and sales of its best-selling subcompact car. REUTERS/Truth Leem (SOUTH KOREA - Tags: TRANSPORT BUSINESS)AP - South Korean automakers Hyundai and Kia and German car maker Volkswagen lead the insurance industry's annual list of the safest new vehicles, used by safety-minded consumers looking to buy a new car.
Posted by Harshad at 9:09 AM

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