Wednesday, February 2, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street flat as indexes struggle to extend gains (Reuters)

Posted: 02 Feb 2011 08:41 AM PST

Traders work on the floor of the New York Stock Exchange, February 1, 2011. REUTERS/Brendan McDermidReuters - U.S. stocks seesawed between modest gains and losses on Wednesday as indexes struggled to move higher a day after the Dow and S&P 500 closed at their highest in about 2-1/2 years.

Private sector jobs gains beat forecasts (Reuters)

Posted: 02 Feb 2011 07:43 AM PST

A battery engineer checks a Chevrolet Volt battery at the General Motors Global Battery Systems Lab in Warren, Michigan, June 30, 2010. REUTERS/John F. Martin/ChevroletReuters - U.S. private employers added more jobs than expected in January, the 12th consecutive month that companies took on staff, adding to hopes that the weak American labor market is slowly improving.

News Corp launches iPad newspaper at 14 cents/day (Reuters)

Posted: 02 Feb 2011 09:08 AM PST

Reuters - NEW YORK (Reuters) -News Corp Chairman Rupert Murdoch, among the most ardent defenders of the traditional press, introduced the first ever newspaper created solely for tablet devices like the iPad.

Time Warner revenue, profit up on cable ad sales (Reuters)

Posted: 02 Feb 2011 06:32 AM PST

Reuters - Time Warner Inc's fourth-quarter profit and revenue beat Wall Street expectations, thanks to a 21 percent jump in cable advertising sales from programs like Conan O'Brien's late night talk show.

Euro zone closer to new anti-crisis package (Reuters)

Posted: 02 Feb 2011 08:17 AM PST

A woman walks along Grafton Street past a newspaper flyer reporting on the government bailout Dublin November 29, 2010. REUTERS/Cathal McNaughtonReuters - Germany and France have reached a consensus on steps to boost economic coordination within the euro zone as part of a comprehensive anti-crisis package that will also see the scope of Europe's bailout fund bolstered.

A look at economic developments around the globe (AP)

Posted: 01 Feb 2011 09:51 AM PST

AP - A look at economic developments and activity in major stock markets around the world Tuesday:

Ex-BOJ official Iwata sees prolonged deflation (Reuters)

Posted: 02 Feb 2011 01:03 AM PST

Reuters - Japan is unlikely to escape from deflation at least through the fiscal year ending in March 2013, prompting the Bank of Japan to stick to its ultra-loose policy, Kazumasa Iwata, former deputy governor of the central bank, said on Wednesday.

AOL posts higher 4Q net income but revenue slides (AP)

Posted: 02 Feb 2011 09:38 AM PST

AP - Internet company AOL Inc. says its fourth-quarter net income grew from a year-ago period weighed down by hefty restructuring costs, but revenue fell sharply on weak advertising sales. The company sought to reassure investors that its turnaround is well on its way toward fruition and said it will start to see growth in the second half of the year.

S&P cuts Ireland credit grade over bank debt fears (AP)

Posted: 02 Feb 2011 05:40 AM PST

Irish Prime Minister Brian Cowen waves to the media as he leaves Aras an Uachtarain in Dublin, Ireland, Tuesday, Feb. 1, 2011. Cowen arrived at the Irish President's residents office to sign a request for Proclamation of Dissolution of the Irish Parliament and announcing a general election, which will take place on Feb. 25. Cowen had previously announced his intention to resign from politics.(AP Photo/Peter Morrison)AP - Ratings agency Standard & Poor's cut its credit grade for Ireland on Wednesday and warned it could fall further because of doubts about the true scale of defaulting loans yet to surface in the country's largely state-owned banks.

How the Surplus Became a Deficit (The Motley Fool)

Posted: 02 Feb 2011 08:26 AM PST

The Motley Fool - Exactly 10 years ago, the nonpartisan Congressional Budget Office issued a report projecting that, in 2010, the federal government would run a $796 billion surplus. In reality, 2010 produced a $1.3 trillion deficit.

UN says Asian tech exports far outpace US (AP)

Posted: 02 Feb 2011 07:35 AM PST

A man uses his mobile phone near the sign advertising Samsung Electronics Co's HD TV screen at a subway station in Seoul, South Korea, Friday, Jan. 28, 2011. Samsung Electronics said net profit rose 13 percent in the fourth quarter of 2010 amid higher sales of semiconductors and smartphones as the technology giant rounded out a record year for profits and revenue. (AP Photo/ Lee Jin-man)AP - Asia is now exporting two-thirds of the world's mobile phones, personal computers, digital televisions and other high-tech goods for information and communications, in a significant shift in world trade accentuated by the global financial crisis, the U.N. reported Wednesday.

Barbie, American Girl drive Mattel's holiday win (Reuters)

Posted: 02 Feb 2011 08:22 AM PST

An action figure of World Wrestling Entertainment personality Sergeant Slaughter (C) is seen in a display of Mattel WWE action figures at the Toy Fair in New York, February 12, 2010. REUTERS/Jeff ZelevanskyReuters - Mattel Inc, the No. 1 toy company, staked its claim as the winner of the holiday shopping season as strong demand for its core Barbie and American Girl brands helped quarterly earnings beat expectations.

Why the Housing Bottom Might Be Here (U.S. News & World Report)

Posted: 02 Feb 2011 08:40 AM PST

U.S. News & World Report - Predictions can be risky, and downright foolish if you're trying to guess the direction of the wayward housing market. Yet thousands of potential home buyers are making bets every day on whether the housing bust is over, or only at an intermission.

BP oil spill claims czar says recovery in 3 years (AP)

Posted: 02 Feb 2011 08:19 AM PST

A cargo ship transits the Suez Canal en route from the Mediterranean Sea to the Gulf of Suez at the city of Suez, Egypt, Wednesday, Feb. 2, 2011. Oil has come off two-year highs above $92 earlier this week as investor fears that chaos in Egypt could disrupt the two million barrels of crude per day that pass through the Suez Canal and an adjacent pipeline eased. (AP Photo/Emilio Morenatti)AP - The Gulf of Mexico should largely recover from BP's oil spill within three years, and all settlement offers to victims who lost revenue from the disaster will be based on that assessment, the administrator of the $20 billion compensation fund said Wednesday.

Whirlpool 4Q profit rises on lower costs, taxes (AP)

Posted: 02 Feb 2011 07:18 AM PST

In this photo taken Jan. 28, 2011, the Whirpool logo is displayed on a wall at the Whirlpool Latin America office in Miami. Whirlpool Corp., the world's biggest appliance maker, said Wednesday, Feb. 2, 2011, its fourth-quarter profit rose 80 percent, mainly on lower costs and an income tax benefit.(AP Photo/Alan Diaz)AP - Whirlpool Corp.'s fourth-quarter earnings rose 80 percent mostly on lower costs and an income tax benefit, but the world's biggest appliance maker said it is raising prices to help deal with higher raw material costs.

Snowstorm shuts auto plants across Midwest (Reuters)

Posted: 02 Feb 2011 09:19 AM PST

Reuters - Major automakers shut down plants in six Midwest states and Ontario on Wednesday, after a winter storm that swept through the region a day before cut off shipments of parts and raw materials.
Posted by Harshad at 9:48 AM

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