Tuesday, January 4, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street dips as consumer shares weigh (Reuters)

Posted: 04 Jan 2011 09:05 AM PST

A trader works on a phone on the floor of the New York Stock Exchange early in the trading session in New York January 3, 2011. REUTERS/Mike SegarReuters - Stocks fell on Tuesday on worries that rising food costs will sap supermarket profits, hurting consumer stocks and denting growing optimism about the economic outlook.

GM Dec sales up, industry on upswing into 2011 (Reuters)

Posted: 04 Jan 2011 09:15 AM PST

Chevrolet cars are seen at a GM dealership in Miami, Florida August 12, 2010. REUTERS/Carlos BarriaReuters - General Motors Co posted a 7.5 percent rise in December U.S. auto sales and said it expects the industry to report sales at a 13 million-vehicle annualized rate for last month -- far higher than many forecasts and what would be the highest rate of 2010.

Factory orders rebound, brighten growth view (Reuters)

Posted: 04 Jan 2011 07:24 AM PST

Reuters - New orders received by factories unexpectedly rose in November, and orders excluding transportation recorded their largest gain in eight months, providing more signs the economic recovery was on sustainable path.

BP shares hit 6-month high after Shell bid report (Reuters)

Posted: 04 Jan 2011 05:57 AM PST

A BP logo is seen on a petrol station in London in this November 2, 2010 file photo. REUTERS/Suzanne PlunkettReuters - Shares in oil major BP hit a six-month high on Tuesday after reports rival Royal Dutch Shell considered a takeover bid, and that economic damages from its oil spill will be lower than forecast.

Top lenders set for foreclosure settlement: report (Reuters)

Posted: 04 Jan 2011 05:39 AM PST

Reuters - The five largest mortgage loan servicers, including Bank of America Corp and JPMorgan Chase & Co, may be the first to settle with 50 state attorneys general who are investigating foreclosure practices, Bloomberg reported, citing Iowa Attorney General Tom Miller.

Strong January starts spell good years for stocks (AP)

Posted: 03 Jan 2011 10:49 AM PST

AP - A strong start for the stock market in 2011 could bode well for the rest of the year. That's if historical precedent is any guide.

China c.bank sees 2010 GDP growth at around 10 percent (Reuters)

Posted: 04 Jan 2011 04:01 AM PST

Reuters - China's central bank chief Zhou Xiaochuan said the Chinese economy likely grew around 10 percent in 2010.

Euro gains ground against dollar (AFP)

Posted: 04 Jan 2011 05:01 AM PST

A cashier gives change in euros to a young customer in a Tallinn supermarket at the weekend after Estonia became the 17th country to adopt the European single currency. The euro climbed against the dollar on Tuesday as investors digested rising eurozone inflation and upbeat German unemployment data, and flocked to risky assets after the holiday break.(AFP/File/Raigo Pajula)AFP - The euro climbed against the dollar on Tuesday as investors digested rising eurozone inflation and upbeat German unemployment data, and flocked to risky assets after the holiday break, dealers said.

Canadian dollar near 2 1/2-year high on upbeat sentiment (Reuters)

Posted: 04 Jan 2011 05:29 AM PST

Reuters - The Canadian dollar traded near its strongest level since May 2008 on Tuesday, holding above parity with its U.S. counterpart as investors kicked off the new year with optimism about the world economy.

December U.S. retail sales: upswing's last hurrah? (Reuters)

Posted: 03 Jan 2011 09:19 PM PST

Reuters - U.S. retailers should post another month of strong sales gains for December, capping their best holiday season since 2007, amid doubts that shoppers will keep spending as enthusiastically in the new year.

Oil near 27-month peak; U.S. crude stocks fall seen (Reuters)

Posted: 04 Jan 2011 06:46 AM PST

An employee walks past a pump jack at a PetroChina plant on the outskirts of Shenyang, Liaoning province January 13, 2008. REUTERS/StringerReuters - Oil held near its highest prices in more than two years in volatile trade on Tuesday, due to accelerating manufacturing activity in developed economies and expectations that U.S. crude inventories will keep falling.

Britain's austerity measures to stay on track: economists (AFP)

Posted: 03 Jan 2011 06:22 PM PST

Shoppers walk through Oxford Circus in central London. Britain's plan to reduce its record deficit will stay on track this year because deep spending cuts and tax rises will not cut growth enough to cause a double-dip recession, leading economists said Tuesday.(AFP/File/Carl Court)AFP - Britain's plan to reduce its record deficit will stay on track this year because deep spending cuts and tax rises will not cut growth enough to cause a double-dip recession, leading economists said Tuesday.

SUVs from Ford and GM lose key Consumer Reports rating (Reuters)

Posted: 04 Jan 2011 09:18 AM PST

Reuters - Ford Motor Co midsized SUVs Ford Edge and Lincoln MKX have lost a "recommended" rating from Consumer Reports, in part because of a complex audio and interior controls system, the influential magazine said on Tuesday.

Business School Resolutions for 2011 (BusinessWeek)

Posted: 04 Jan 2011 05:08 AM PST

BusinessWeek - With the turning of the calendar, organizations are granted the gift of a new year and a clean slate. Business schools are no different. Administrators at top programs have visions of gifted applicants, motivated faculty, strong student leaders, and higher job placement numbers in a renewed economy. But that's not all. Still reeling from the financial meltdown that began in 2008, B-schools are aiming to be a part of the economic cleanup.
Posted by Harshad at 9:29 AM

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