Saturday, January 1, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Hangover or afterparty for stocks? (Reuters)

Posted: 01 Jan 2011 05:27 AM PST

A visitor wears a glitter top hat to the floor of the New York Stock Exchange on the last trading day of the year December 31, 2010. REUTERS/Jessica RinaldiReuters - A bout of profit taking seems likely early next year after the S&P 500 ended its best December in almost two decades, but stocks may have further to run at the start of 2011.

United loses arbitration in regional jet dispute (Reuters)

Posted: 31 Dec 2010 11:48 AM PST

Reuters - An arbitrator ruled that United Continental Holdings cannot use Continental's codes for 70-seat jets operated by its regional partners since a labor contract requires them to be flown by Continental pilots.

Global stock fund inflows gain, bonds slow: source (Reuters)

Posted: 31 Dec 2010 11:46 AM PST

Reuters - Money flows to global equity and other stock funds accelerated during the fourth quarter, signaling a possible twist in 2011 from the record investments made in bond portfolios over the last year, according to a report published by EPFR Global on Friday.

Euro has 1-in-5 chance of lasting decade: UK think-tank (Reuters)

Posted: 31 Dec 2010 11:10 AM PST

Reuters - The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said on Friday.

Fund investors begin slowly embracing US stocks (AP)

Posted: 30 Dec 2010 02:05 PM PST

AP - It appears investors are beginning to get comfortable with risk again. Not only are they pulling money out of bond mutual funds at the fastest pace in two years, but they're slowly starting to embrace stocks again.

Fewer join unemployment rolls; good sign for '11 (AP)

Posted: 30 Dec 2010 03:19 PM PST

In this Dec. 26, 2010 photo, a sign advertises that a new Target store is hiring workers in Marborough, Mass. The number of people applying for unemployment benefits drops Thursday, De. 30, 2010, to lowest level since July 2008. (AP Photo/Bill Sikes)AP - Far fewer people are applying for unemployment benefits as the year ends, raising hopes for a healthier job market in 2011.

Estonia joins crisis-hit euro club (Reuters)

Posted: 01 Jan 2011 05:50 AM PST

People walk past a placard placed by anti-Euro activists in Tallinn December 31, 2010. Estonia will join the euro zone from January 1, 2011. The sign reads: Reuters - Estonia switched smoothly to the euro on Saturday, brushing off worries about a crisis in the currency club which is likely to put off bigger eastern European nations from joining for up to a decade.

Bonds' dramatic year sets stage for higher rates (AP)

Posted: 31 Dec 2010 02:59 PM PST

FILE - In this April 14, 2010 file photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, before the Joint Economic Committee hearing on the economy. (AP Photo/Pablo Martinez Monsivais, file)AP - It was a dramatic ride for bonds and the mortgage market in 2010 as an economic crisis in Europe and wonky concepts like "quantitative easing" helped push down yields to levels not seen since the 1950s.

Mortgage lenders now advertising as crisis solvers (AP)

Posted: 31 Dec 2010 01:17 PM PST

In this Nov. 29, 2010 photo, Mike Rainis and his wife Camille, who gave Green Credit Solutions thousands of dollars for mortgage modification help that they never received, stand in their home in San Juan Capistrano, Calif. Many firms, including Green Credit Solutions, have been shut down and are now facing state and federal investigations trying to prove that they bilked their customers. (AP Photo/Damian Dovarganes)AP - PacWest Funding's CEO watched in late 2007 as rival mortgage brokerages, banks and collaborators collapsed under the weight of the declining housing market.

Russia in milestone oil pipeline supply to China (Reuters)

Posted: 01 Jan 2011 02:50 AM PST

Reuters - Russia, the world's top crude exporter, said it had begun scheduled oil shipments to China via an East Siberian link on Saturday as the Kremlin cements ties with its energy-hungry neighbor.

Police: Ohio robber paid for aborted getaway taxi (AP)

Posted: 31 Dec 2010 12:15 PM PST

AP - Authorities in Ohio say a man robbed a bank, hopped into a taxi and paid for the ride even after the cabbie cut the trip short.

Electric cars fail to spark sales (Investor's Business Daily)

Posted: 31 Dec 2010 02:40 PM PST

Investor's Business Daily - Due to limited supplies, General Motors says it sold just 250 to 350 Chevy Volts this month, and Nissan Motor (OTC:NSANY.ob - News) says it sold fewer than 10 of its Leaf sedans in the past 2 weeks. It could be well into 2012 before Volt, with a base price of $40,280, and the $32,780 Leaf are widely available. Watchers say it's still not clear how well electric cars will be received. Still, some 50,000 people are on lists to get first dibs when they're available. GM edged up 0.1% to 36.86 and Nissan rose 0.2% to 18.96.
Posted by Harshad at 9:31 AM

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