Thursday, January 27, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Market holds near 29-month high, Netflix soars (Reuters)

Posted: 27 Jan 2011 08:55 AM PST

A trader talks on the phone on the floor of the New York Stock Exchange, January 26, 2011. REUTERS/Brendan McDermidReuters - Stock indexes held near 29-month highs on Thursday as buyers took their cues from companies reporting strong results, like Caterpillar, but the short-term technical picture suggested big gains are going to be hard to muster.

Mixed data points to steady growth momentum (Reuters)

Posted: 27 Jan 2011 08:54 AM PST

A home stands for sale in the Brooklyn borough of New York City. Pending home sales in the United States rose two percent in December from the previous month, suggesting a Reuters - U.S. housing and manufacturing data showed the economic recovery gaining strength fitfully in December, a day after the Federal Reserve said it was sticking to its huge stimulus plan.

S&P cuts Japan sovereign debt rating (Reuters)

Posted: 27 Jan 2011 06:13 AM PST

Reuters - Standard & Poor's cut Japan's credit rating on Thursday for the first time since 2002, saying Tokyo lacked a plan to deal with its mounting debt, in a warning that will rattle other heavily indebted rich nations.

GM drops U.S. loan application after turnaround (Reuters)

Posted: 27 Jan 2011 08:47 AM PST

General Motors' vehicles are displayed in front of the New York Stock Exchange on the morning of GM's initial public offering in New York, November 18, 2010. REUTERS/Todd Plitt/General Motors/HandoutReuters - General Motors Co has withdrawn its application for $14 billion in subsidized loans from the U.S. Department of Energy, saying it has the financial strength to fund investment in more fuel-efficient and electric vehicles on its own.

Caterpillar posts stronger-than-expected profit (Reuters)

Posted: 27 Jan 2011 08:41 AM PST

Caterpillar construction machines sit parked at the Patten Cat dealership in Hammond, Indiana, in this October 20, 2006 file photo. REUTERS/Joshua Lott/FilesReuters - Caterpillar Inc reported a higher-than-expected quarterly profit and raised its 2011 sales forecast, sending its shares to an all-time high, as rising commodity prices increased mining industry demand for its earth-moving equipment.

Egypt stock market tumbles over 6 pct on protests (AP)

Posted: 26 Jan 2011 05:59 AM PST

Egyptian riot police move forward to push back protesters, unseen, during clashes in downtown Cairo, Egypt, in the early hours of Wednesday, Jan. 26, 2011. Egyptian police fired tear gas and rubber bullets and beat protesters to clear thousands of people from a central Cairo square Wednesday after the biggest demonstrations in years against President Hosni Mubarak's authoritarian rule. (AP Photo/Ben Curtis)AP - Egypt's benchmark stock index fell to its lowest point in eight months on Wednesday, tumbling more than 6 percent as investors fled the market a day after massive protests engulfed the country's capital and other cities in what emerged as one of the most serious challenges to the government in years.

Snow boosts jobless claims, durable orders mixed (Reuters)

Posted: 27 Jan 2011 06:09 AM PST

Reuters - New U.S. claims for jobless benefits surged last week as snowstorms in some parts of the country kept workers at home, but the underlying trend pointed to an only gradual labor market improvement.

AT&T CEO: We'll push Android phones (AP)

Posted: 27 Jan 2011 08:22 AM PST

FILE - In this July 19, 2010 file photo, the AT&T logo is displayed on the side of a corporate office in Springfield, Ill. AT&T Inc. said Thursday, Jan. 27, 2011 it signed up a net of just 400,000 customers on contract-based wireless plans in the fourth quarter, the lowest number in at least five years. (AP Photo/Seth Perlman, File)AP - The CEO of AT&T Inc. on Thursday said the company will start "very aggressively" marketing smart phones based on Google Inc.'s Android software now that it will no longer be the exclusive carrier for Apple Inc.'s iPhone in the U.S.

Sarkozy: No turning our backs on the euro (AP)

Posted: 27 Jan 2011 08:23 AM PST

From left, WEF founder Klaus Schwab, Chairman and CEO, JSC VTB Bank, Russia, Andrei Kostin, Chairman of the Management Board of Deutsche Bank and Chairman and CEO, Cisco, USA, John Chambers speak with each other prior to a session at the World Economic Forum in Davos, Switzerland on Thursday, Jan. 27, 2011. Focus shifts on Thursday to the future of the euro and the issue of climate change. (AP Photo/Virginia Mayo)AP - French President Nicolas Sarkozy vowed Thursday that he and European partners will "never turn our backs on the euro," given as extra boost to the rebounding currency by calling it a linchpin of peace and prosperity — despite the debt crises worrying investors and leaders worldwide.

When will your tax refund arrive? There's an app for that (Reuters)

Posted: 27 Jan 2011 07:48 AM PST

Reuters - With the onset of the annual tax season in the United States, residents concerned about the status of their refund or their federal tax returns don't have to worry -- because there is an app for that.

Panel finds financial crisis was avoidable (AP)

Posted: 27 Jan 2011 08:44 AM PST

Street sign shows the New York-based financial centre, Wall Street. A documentary opening at the Sundance Film Festival suggests that the 2008 financial meltdown highlighted not only the greed of US banks, but the growing economic woes of average Americans, the filmmaker says.(AFP/File/Timothy A. Clary)AP - The government-appointed panel investigating the roots of the financial crisis says the meltdown occurred because government officials and Wall Street executives ignored warning signs and failed to manage risks.

H&M Q4 profit drops 11 pct amid high cotton prices (AP)

Posted: 27 Jan 2011 12:36 AM PST

AP - Swedish fashion retailer Hennes & Mauritz AB on Thursday said its fourth quarter net profit dropped by 11 percent as higher prices for raw materials such as cotton cut into its earnings.

US pending home sales up 2% in December (AFP)

Posted: 27 Jan 2011 07:40 AM PST

A home stands for sale in the Brooklyn borough of New York City. Pending home sales in the United States rose two percent in December from the previous month, suggesting a AFP - Pending home sales in the United States rose two percent in December from the previous month, suggesting a "sustainable" upward trend in the hard-hit sector, a real estate agent group said Thursday.

Iraq's largest hydropower dam grinds to halt (AFP)

Posted: 27 Jan 2011 08:08 AM PST

The Mosul hydropower dam on the Tigris River, pictured in 2007. Record low water levels at Iraq's largest hydroelectric dam have ground turbines there to a halt, amplifying a power shortage that led to riots last summer.(AFP/File/Ahmad al-Rubaye)AFP - Record low water levels at Iraq's largest hydroelectric dam have ground turbines there to a halt, amplifying a power shortage that led to riots last summer, a top official said on Thursday.

Special Report: A Long Island tax cut backfires on the Tea Party (Reuters)

Posted: 27 Jan 2011 08:30 AM PST

Reuters - At his January 2010 inauguration, Tea Party-backed Republican Edward Mangano marched up to the podium, pen in hand. Even before being officially declared Nassau County Executive, he signed a repeal of an unpopular home energy tax.

GM says it no longer needs gov't loan to go green (AP)

Posted: 27 Jan 2011 08:16 AM PST

AP - General Motors, in another sign of its progress since a government-led bankruptcy, said Thursday it is withdrawing its application for $14.4 billion in federal loans it had sought to help build more fuel-efficient cars.
Posted by Harshad at 9:05 AM

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