Yahoo! News: Health News

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• Jobless claims, factory data buoy recovery hopes (Reuters)
• Caution pulls shares lower despite robust data (Reuters)
• World stocks eye two-year high (Reuters)
• Groupon raises $500 million, to payout investors (Reuters)
• U.S. losing IPO pole position: survey (Reuters)
• Asia stocks recover from China rate hike jitters (AFP)
• German Q3 exports up by 21.5 pct on the year (AP)
• Spain PM says economy will grow in 4th quarter (AP)
• A look at mortgage rates in 2010 (AP)
• China defends rare earth quotas as in line with WTO (Reuters)
• Blizzard delays $1 billion in holiday sales (Reuters)
• Signed contracts to buy homes up 3.5 pct. in Nov. (AP)
• Cleanup of oil-tainted Gulf Coast nears end (AP)
• Profs' website urges rich to 'give back' tax cuts (AP)
• Chrysler recalling trucks and SUVs (AP)
• Understanding the GFC (BusinessWeek)

Jobless claims, factory data buoy recovery hopes (Reuters) Posted: 30 Dec 2010 07:55 AM PST Reuters - New claims for jobless aid hit their lowest level in more than two years last week and factory activity in the Midwest grew in December at its fast pace since 1988, evidence the recovery was gaining steam.

Caution pulls shares lower despite robust data (Reuters) Posted: 30 Dec 2010 07:34 AM PST Reuters - U.S. stocks edged lower on Thursday as the recent rally and light volume left investors reluctant to take on much more risk before the new year, despite a solid batch of economic data.

World stocks eye two-year high (Reuters) Posted: 30 Dec 2010 04:09 AM PST Reuters - World stocks approached their highest level since September 2008 on Thursday on optimism about global growth next year, while the dollar fell on expectations of further money printing in 2011 by the U.S. Federal Reserve.

Groupon raises $500 million, to payout investors (Reuters) Posted: 30 Dec 2010 08:44 AM PST Reuters - Groupon, considered one of the fastest growing companies in Internet history, has raised $500 million as part of an effort to generate $950 million in financing.

U.S. losing IPO pole position: survey (Reuters) Posted: 30 Dec 2010 07:52 AM PST Reuters - The United States is losing its appeal as leading global center for stock market flotations, hit by restrictive regulations and competition from other financial centers, a survey of American lawyers showed on Thursday.

Asia stocks recover from China rate hike jitters (AFP) Posted: 29 Dec 2010 02:27 AM PST AFP - Asian stock markets mostly rose on Wednesday as Shanghai shares started to recover from jitters caused by a weekend interest rate hike and firm oil prices lifted energy stocks.

German Q3 exports up by 21.5 pct on the year (AP) Posted: 30 Dec 2010 01:16 AM PST AP - Official data show Germany's third quarter exports rose by 21.5 percent to euro245 billion ($322 billion) from euro202 billion a year earlier.

Spain PM says economy will grow in 4th quarter (AP) Posted: 30 Dec 2010 08:56 AM PST AP - Spain's prime minister said Thursday he expected the Spanish economy to grow again in the final three months of the year after a flat third quarter performance raised fears that the eurozone's fourth largest economy could be heading back into recession.

A look at mortgage rates in 2010 (AP) Posted: 30 Dec 2010 08:34 AM PST AP - A look at mortgage rates in 2010

China defends rare earth quotas as in line with WTO (Reuters) Posted: 30 Dec 2010 08:21 AM PST Reuters - China defended its export controls on rare earth minerals on Thursday, saying that they were in line with World Trade Organization rules, after a government move to slash export quotas on rare earths sparked trade concerns.

Blizzard delays $1 billion in holiday sales (Reuters) Posted: 29 Dec 2010 06:35 PM PST Reuters - A blizzard in the Northeast this weekend postponed about $1 billion in holiday retail sales by keeping shoppers out of stores in the days after Christmas, research firm ShopperTrak said on Wednesday.

Signed contracts to buy homes up 3.5 pct. in Nov. (AP) Posted: 30 Dec 2010 08:33 AM PST AP - The number of people who signed contracts to buy homes rose in November, the fourth increase since hitting a low in June. Even with the gains, this year is shaping up to be the worst for home sales in 13 years.

Cleanup of oil-tainted Gulf Coast nears end (AP) Posted: 30 Dec 2010 09:13 AM PST AP - Dig 2 feet into the sand on the wind-swept beach at East Grand Terre (TAIR') Island in Louisiana and up comes the foul smell of oil.

Profs' website urges rich to 'give back' tax cuts (AP) Posted: 29 Dec 2010 01:44 PM PST AP - Upset the federal government recently extended tax cuts for the rich, three professors at Yale and Cornell universities have created a website that encourages wealthy Americans to give their tax savings to charities and send a political message in the process.

Chrysler recalling trucks and SUVs (AP) Posted: 30 Dec 2010 08:22 AM PST AP - Chrysler is recalling nearly 150,000 trucks and SUVs to address several problems, including steering, air bag issues and the potential for trucks to stall.

Understanding the GFC (BusinessWeek) Posted: 30 Dec 2010 05:08 AM PST BusinessWeek - Well, here I am in Tasmania on a computer I've borrowed from one of my travel companions, so you, dear readers, can learn more about how business school really is. If you've been paying any attention to my previous posts over the past year or so, you know I'm actually on exchange from the UCLA Anderson School of Management (Anderson Full-Time MBA Profile) and I am currently studying abroad at Melbourne Business School (MBS) in Australia.

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