Friday, January 28, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Ford, Egypt unrest knock Wall St off 29-month high (Reuters)

Posted: 28 Jan 2011 08:53 AM PST

A trader works on the floor of the New York Stock Exchange January 26, 2011. REUTERS/Brendan McDermidReuters - Stocks fell from 29-month highs on Friday as Amazon and Ford reported weak results and investors worried about escalating protests in Egypt against the government.


Consumer spending and trade buoy economy (Reuters)

Posted: 28 Jan 2011 07:55 AM PST

Reuters - The U.S. economy gathered speed in the fourth quarter to regain its pre-recession peak with a big gain in consumer spending and strong exports, removing doubts about the recovery's sustainability.

Ford profit drops on higher costs, shares slide (Reuters)

Posted: 28 Jan 2011 08:33 AM PST

Ford Motor Co unveils the new 2011 Ford Explorer outside the Ford Motor World Headquarters in Dearborn, Michigan July 26, 2010. REUTERS/Rebecca CookReuters - Ford Motor Co's fourth-quarter earnings fell far short of Wall Street expectations on higher costs to launch new vehicles like the Explorer, increasing commodity prices and an unexpected loss in Europe, sending its shares down 11.5 percent.


CEO trimmed Amazon stake; Q4 margins drag on shares (Reuters)

Posted: 28 Jan 2011 08:33 AM PST

Reuters - Amazon.com founder and Chief Executive Jeff Bezos trimmed his stake in the world's biggest online retailer to under 20 percent last year, a regulatory filing showed on Friday, a day after the company reported quarterly results.

End of cheap food era as grain prices stay high (Reuters)

Posted: 28 Jan 2011 06:09 AM PST

Reuters - U.S. grain prices should stay unrelentingly high this year, according to a Reuters poll, the latest sign that the era of cheap food has come to an end.

Dow Jones index hits 12,000 points (AFP)

Posted: 26 Jan 2011 09:23 AM PST

Traders work on the floor of the New York Stock Exchange (NYSE) in November. The blue-chip Dow made a brief foray above the symbolic threshold of 12,000 for the first time since June 2008.(AFP/File/Stan Honda)AFP - US stock markets traded mostly higher Wednesday as investors awaited the end of a Federal Reserve policy-setting meeting.


Japan's jobless rate drops, deflation slows (AP)

Posted: 27 Jan 2011 07:48 PM PST

AP - A batch of economic indicators released in Japan on Friday offered glimpses of both hope and doubt, underscoring ongoing questions about the fate of the still-fragile recovery.

Earnings Preview: Pfizer report to focus on deals (AP)

Posted: 28 Jan 2011 08:59 AM PST

AP - Pfizer Inc., the world's biggest drugmaker by revenue, will have a new CEO addressing analysts and investors when it reports its fourth-quarter results before the stock market opens Tuesday. Ian Read will try to convince them that deals and drugs in development will prevent a revenue plunge after its $12 billion-a-year cholesterol fighter, Lipitor, loses U.S. patent protection at the end of November.

Spanish Cabinet OKs raising retirement age to 67 (AP)

Posted: 28 Jan 2011 08:57 AM PST

A man crosses a street in front of two tractors holding banners calling for a general strike by Basque Nationalist trade union in Bilbao, northern Spain Thursday Jan. 272011 against the Spanish Government approving a new Pensions Law. The Spanish government said Thursday it had reached a preliminary agreement with unions on key pension reforms, a deal that could avert a general strike that threatens to hamper efforts to ease the debt crisis.(AP Photo/Alvaro Barrientos)AP - Spaniards were hit with another bitter dose of austerity Friday as the Cabinet approved raising the retirement age from 65 to 67 to reassure jittery markets that the country can handle its heavy debt burden.


Get to Know Your Financial Advisor (U.S. News & World Report)

Posted: 28 Jan 2011 08:47 AM PST

U.S. News & World Report - Today I want to highlight the importance of personal relationships, specifically the one between you and your financial advisor. It's a serious relationship, but it is grounded in the most basic foundation: we are all human. As humans we are all shaped by, and products of, the cultures we are immersed in throughout life. I was recently reminded of this by a personal experience I'd like to share. It requires a little bit of background on me.

Cameron defends cuts, Geithner sees confidence (AP)

Posted: 28 Jan 2011 06:28 AM PST

British Prime Minister David Cameron addresses a session at the World Economic Forum in Davos, Switzerland on Friday, Jan. 28, 2011. In a nod to the post-crisis atmosphere, the World Economic Forum shifts its attention on Friday to austerity measures and priorities for improving the economy. (AP Photo/Michel Euler)AP - British Prime Minister David Cameron urged other governments to follow his country's efforts to reduce debts and boost confidence in the world economy, which U.S. Treasury Secretary Tim Geithner noted was already rebounding in the U.S.


Fannie and Freddie's Big Foreclosure Backlog (BusinessWeek)

Posted: 28 Jan 2011 05:08 AM PST

BusinessWeek - Fannie Mae (fnma.ob.OB) and Freddie Mac (fmcc.ob.OB) are trying to sell their huge backlog of foreclosed homes in an orderly way to avoid flooding the market and depressing prices. As foreclosures mount, though, analysts say the companies may be forced to reconsider that approach.

Chevron 4Q profit jumps 72 pct as oil prices rise (AP)

Posted: 28 Jan 2011 07:41 AM PST

AP - Chevron Corp. said Friday its fourth-quarter net income jumped 72 percent as rising fuel demand lifted oil prices and produced a sharp turnaround in its refinery business.

China's first property taxes kick in (AFP)

Posted: 28 Jan 2011 12:43 AM PST

A woman walks past a complex of high rise residential buildings in Shanghai. China's long-awaited first property taxes took effect on Friday in Shanghai and the mega-city of Chongqing in the southwest, as the country tries to reform its booming real estate market.(AFP/File/Philippe Lopez)AFP - China on Friday launched a long-awaited property tax in two of the country's biggest cities, but the mayor of Chongqing in the southwest warned the measure was not a cure-all for soaring prices.


Ford doubles profit in 2010, disappoints in Q4 (AFP)

Posted: 28 Jan 2011 08:53 AM PST

The Ford logo is pictured during the press day of the LA Auto Show in Los Angeles, California 2010. Ford said Friday annual profit doubled in 2010 to its highest earnings in more than a decade, as the second-biggest US automaker posted strong worldwide results and paid down debt.(AFP/File/Gabriel Bouys)AFP - Ford said Friday annual profit doubled in 2010 to its highest earnings in more than a decade, as the second-biggest US automaker posted strong worldwide results and paid down debt.


Admissions Q&A: ESADE (BusinessWeek)

Posted: 28 Jan 2011 05:08 AM PST

BusinessWeek - ESADE Business School (ESADE Full-Time MBA Profile) in Barcelona, Spain, accepted 46 percent of the 692 applications it received in 2010.At No.4 on the Bloomberg Businessweek list of top-ranked non-U.S.business schools, ESADE prides itself on having the feel of a closely knit family in a welcoming city, says Cristina Sassot, director of Admissions at ESADE.

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