Yahoo! News: Health News

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• Bar set high as stocks face pullback (Reuters)
• Facebook to unveil financials, raises $1.5 billion (Reuters)
• SEC urges new fiduciary rule for brokers and advisers (Reuters)
• Obama pushes trade agenda ahead of big speech (Reuters)
• Don't rule out debt buy-back idea: Juncker (Reuters)
• Euro hits 2-month high vs dollar as stocks rise (Reuters)
• Democrat urges Obama to target minority hardships (AP)
• Summary Box: Fitch gives Greece thumbs up (AP)
• 10 indicted in Calif. alleged real-estate scheme (AP)
• World trade chief upbeat on Doha deal prospects (AFP)
• Malaysian commandos free tanker off Somalia (AFP)
• Lawmakers' soft words hide spending cuts' pain (AP)
• Higher pump prices coming your way this spring (AP)

Bar set high as stocks face pullback (Reuters) Posted: 21 Jan 2011 02:19 PM PST Reuters - The much anticipated pullback is finally under way, some investors say, after a mid-week wobble. But the market is showing it still has some juice left -- if earnings can meet towering expectations.

Facebook to unveil financials, raises $1.5 billion (Reuters) Posted: 21 Jan 2011 03:48 PM PST Reuters - Facebook is preparing to open its books this year or early in 2012 to give investors a glimpse into the financial workings of the world's No. 1 social network, after it sealed an oversubscribed $1.5 billion round of financing led by Goldman Sachs.

SEC urges new fiduciary rule for brokers and advisers (Reuters) Posted: 21 Jan 2011 10:38 PM PST Reuters - Securities regulators on Friday called for a new uniform fiduciary standard for broker-dealers and investment advisers that would require them to put retail customers ahead of their own financial interests.

Obama pushes trade agenda ahead of big speech (Reuters) Posted: 22 Jan 2011 03:05 AM PST Reuters - President Barack Obama called on Saturday for new efforts to open global markets to U.S. goods, highlighting trade before a big speech on Tuesday that will lay out his policy priorities for the coming year.

Don't rule out debt buy-back idea: Juncker (Reuters) Posted: 22 Jan 2011 05:49 AM PST Reuters - European leaders should not shy away from a proposal to buy back the bonds of troubled euro member states but should not rely too much on rich countries, Eurogroup Chief Jean-Claude Juncker said.

Euro hits 2-month high vs dollar as stocks rise (Reuters) Posted: 21 Jan 2011 01:26 AM PST Reuters - World stocks edged up on Friday but were set to post their biggest weekly drop in eight weeks on concerns that rising inflation in emerging economies could lead to aggressive policy action and hurt global growth. Spain's stocks rose. Madrid plans a partial state takeover of its weakest savings banks as it seeks to reassure investors a costly bank rescue will not weigh on its deficit, sources and reports said.

Democrat urges Obama to target minority hardships (AP) Posted: 21 Jan 2011 12:44 PM PST AP - The top-ranking African-American in Congress called on President Barack Obama Friday to sharpen his focus on hard-hit minority communities in his plans for bolstering the economy.

Summary Box: Fitch gives Greece thumbs up (AP) Posted: 21 Jan 2011 12:17 PM PST AP - THE HEADLINE Fitch Ratings gave cautionary approval to Greece's progress in getting its debt under control, saying the country has "far exceeded admittedly low expectations" by implementing a series of budget cuts, tax increases and reforms.

10 indicted in Calif. alleged real-estate scheme (AP) Posted: 21 Jan 2011 06:15 PM PST AP - A federal grand jury has indicted 10 people in an alleged real-estate scheme that prosecutors say defrauded mortgage lenders of more than $20 million.

World trade chief upbeat on Doha deal prospects (AFP) Posted: 22 Jan 2011 05:41 AM PST AFP - World Trade Organization chief Pascal Lamy said Saturday that the chances of closing the long-delayed Doha round of talks on a new free trade pact are much better than a year ago.

Malaysian commandos free tanker off Somalia (AFP) Posted: 21 Jan 2011 11:58 PM PST AFP - Malaysian naval commandos have rescued 23 crew and captured seven Somali pirates following a firefight to free a hijacked oil tanker in the Gulf of Aden, according to reports.

Lawmakers' soft words hide spending cuts' pain (AP) Posted: 21 Jan 2011 03:16 PM PST AP - Terms like "cutting spending" and "raising taxes," though they sound straightforward enough, are becoming battlegrounds in the Republicans' and Democrats' bids to frame the debate over how to cope with the growing national debt.

Higher pump prices coming your way this spring (AP) Posted: 21 Jan 2011 02:49 PM PST AP - Gas pump prices that are around $3 a gallon now may seem like a bargain by the time your kids are on Easter egg hunts.

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