Wednesday, January 5, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Stocks rise as strong data boosts (Reuters)

Posted: 05 Jan 2011 08:40 AM PST

Traders work on the floor of the New York Stock Exchange early in the trading session in New York, January 3, 2011. REUTERS/Mike SegarReuters - U.S. stocks rose on Wednesday with the major indexes hitting session highs supported by strong data on new private-sector jobs and the services sphere.

Surprise jobs surge boosts economic outlook (Reuters)

Posted: 05 Jan 2011 07:26 AM PST

Reuters - A surprise surge in private-sector employment last month for its biggest-ever rise in a private payrolls report provided the most bullish signal in months that the economy is on the mend.

Non-manufacturing sector grows in December: ISM (Reuters)

Posted: 05 Jan 2011 07:35 AM PST

Reuters - The non-manufacturing sector grew in December at its fastest pace in more than 4 years, according to an industry report released on Wednesday.

Credit Suisse upgrades Barnes & Noble on Borders woes (Reuters)

Posted: 05 Jan 2011 06:50 AM PST

Reuters - Credit Suisse upgraded Barnes & Noble Inc shares, citing benefits the top U.S. bookstore chain could reap from the woes faced by smaller rival Borders Group Inc , which is meeting with publishers this week to negotiate new payment terms.

Qualcomm to buy Atheros for around $3.2 billion (Reuters)

Posted: 05 Jan 2011 07:12 AM PST

Reuters - Qualcomm Inc plans to buy Atheros Communications Inc for roughly $3.2 billion in cash, showing its determination to become a major player in supplying chips for smartphones and tablet computers.

Report adds to Molycorp's ascent (Investor's Business Daily)

Posted: 03 Jan 2011 03:50 PM PST

Investor's Business Daily - Dahlman Rose raised its target price on Molycorp to $85 a share from $49, sending its stock soaring 15% to 57.50, its highest level since it went public in July at $14 a share. Dahlman says the rare-earth metals miner has entered into valuable joint ventures with Hitachi and Sumitomo that will provide it with financing and expertise. It also stands to benefit from scarcity because China said it would reduce exports of the metals, used in phones, hybrid cars and other devices.

Harvard: Summers return to teaching, research (AP)

Posted: 04 Jan 2011 09:43 PM PST

AP - Harvard University says Lawrence Summers is returning to teaching and academic research at the Ivy League school after serving as President Barack Obama's top economic adviser for two years.

Portugal pays higher rate to sell debt (AP)

Posted: 05 Jan 2011 06:00 AM PST

AP - Portugal successfully raised euro500 million in a Treasury bill sale Wednesday but had to pay sharply higher interest to attract investors, fueling fears its borrowing costs could spiral and force it to follow Greece and Ireland in seeking a multibillion-euro bailout.

Relieve Student Loan Burden With Public Service (U.S. News & World Report)

Posted: 05 Jan 2011 08:48 AM PST

U.S. News & World Report - The Public Service Loan Forgiveness program created by the College Cost Reduction and Access Act encourages individuals to enter and continue full-time public service employment by offering loan forgiveness for those borrowers that meet the requirements. To qualify, a borrower must make 120 qualifying monthly loan payments (once a month for 10 years) on eligible loans while working in qualifying public service employment.

Samsung to invest $38.3 bln in 2011 (AFP)

Posted: 05 Jan 2011 02:28 AM PST

A Samsung Group flag (R) flutters alongside a South Korean national flag in Seoul. The nation's largest business group is set to invest 29.9 trillion won in expanding or building new plants producing semiconductors, liquid crystal display panels and other electronics and an additional 12.1 trillion won on research and development.(AFP/File/Jung Yeon-Je)AFP - South Korea's Samsung Group said Wednesday it plans to invest almost 40 billion dollars this year as it tries to get ahead of global rivals still struggling after the financial crisis.

Bad weather drives HMV Christmas sales slump (AP)

Posted: 05 Jan 2011 12:26 AM PST

AP - Music and games retailer HMV Group PLC said Wednesday it plans to close about 60 of its U.K. stores this year following a dismal performance in its key Christmas shopping season.

Oil prices extend losses after recent surge (AFP)

Posted: 05 Jan 2011 04:17 AM PST

World oil prices fell further on Wednesday as investors reacted to strength of the dollar and took profits following a recent rally which took the commodity to two-year highs.(AFP/File/Laurent Fievet)AFP - World oil prices fell further on Wednesday as investors reacted to strength of the dollar and took profits following a recent rally which took the commodity to two-year highs.

House GOP challenges Obama to join them (AP)

Posted: 04 Jan 2011 06:29 PM PST

House Speaker-designate John Boehner of Ohio arrives for a closed GOP conference on Capitol Hill in Washington, Tuesday, Jan. 4, 2011. (AP Photo/Charles Dharapak)AP - On the brink of power, House Republicans challenged President Barack Obama on Tuesday to join them in a drive to cut federal spending, ban earmarks for favored projects and overhaul the nation's tax code.

Renault suspends officials over 'electric car secrets' (AFP)

Posted: 05 Jan 2011 08:57 AM PST

The new Renault electric model Fluence ZE is displayed at the Paris motor show. French car maker Renault suspended three senior managers in what a source close to the company said was a move linked to the suspected leaking of secrets on its new electric vehicle models.(AFP/File/Miguel Medina)AFP - French automaker Renault, staking its future on electric cars, has suspended three senior managers in what a source said Wednesday was a move linked to the suspected leaking of secrets on the new vehicles.
Posted by Harshad at 9:08 AM

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