Monday, February 7, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall Street rises, has force to move higher (Reuters)

Posted: 07 Feb 2011 08:22 AM PST

Traders work on the floor of the New York Stock Exchange January 25, 2011. REUTERS/Brendan McDermidReuters - U.S. stocks rose on Monday, lifted by merger news and solid earnings that suggested Wall Street may have the strength to rally further.


Oil driller Ensco to buy Pride for $7.3 billion (Reuters)

Posted: 07 Feb 2011 07:16 AM PST

Reuters - Ensco Plc will buy its rival Pride International Inc for about $7.3 billion in a deal that would create the world's second-largest offshore oil and gas driller, according to the companies.

Obama urges overhaul of "burdensome" tax code (Reuters)

Posted: 07 Feb 2011 09:01 AM PST

Reuters - President Barack Obama said on Monday he wanted to lower the corporate tax rate and pay for it by eliminating tax loopholes, and requested support from the business community to achieve that goal.

Danaher to buy Beckman Coulter for $5.8 billion (Reuters)

Posted: 07 Feb 2011 09:09 AM PST

Reuters - Danaher Corp has struck a deal to buy medical diagnostics company Beckman Coulter Inc for $5.8 billion in cash, its biggest bet yet on the medical technology business.

AOL to buy The Huffington Post for $315 million (Reuters)

Posted: 07 Feb 2011 08:08 AM PST

Reuters - AOL Inc will buy Arianna Huffington's influential website for $315 million, looking to the high-profile liberal pundit to rescue it from the dustbin of Internet history.

Bangladeshis protest over another big market fall (Reuters)

Posted: 06 Feb 2011 05:19 AM PST

Reuters - Angry investors took to the streets of the Bangladeshi capital on Sunday after the stock exchange suffered another dramatic fall, the latest of a series of collapses that forced halts in trading several times last month.

Budget-conscious Beverly Hills lays off ambassador (AP)

Posted: 07 Feb 2011 12:23 AM PST

In this photo taken Feb. 4, 2011, Gregg Donovan, the ambassador of Beverly Hills, Calif., poses on Rodeo Drive in Beverly Hills. Donovan, the jovial, stentorian-voiced actor who has spent much of the past dozen years in top hat and tails giving directions, posing for photos, promoting local businesses and shouting to tourists in dozens of languages, “Welcome to Beverly Hills, you have arrived!” is leaving his post on tony Rodeo Drive. Donovan says he was told the Beverly Hills Conference and Visitors Bureau can't afford him anymore. (AP Photo/Nick Ut)AP - Just how bad is the economy these days? So bad that even the kingdom of Beverly Hills has had to lay off its ambassador.


Summary Box: Humana's 4Q net income falls 57 pct (AP)

Posted: 07 Feb 2011 09:19 AM PST

AP - THE RESULTS: Humana Inc.'s fourth-quarter net income fell 57 percent to $107.3 million, or 63 cents per share, weighed down by $1.02 per share of expenses. Revenue rose 9.4 percent to $8.35 billion.

Egypt pound hits 6-year low as European markets reopen (Reuters)

Posted: 07 Feb 2011 03:40 AM PST

People stand in the line to make withdrawals outside Al Ahli United Bank in Cairo February 6, 2011.REUTERS/Mohamed Abd El-GhanyReuters - The Egyptian pound hit a 6-year low on Monday after banks reopened their doors to international deals, with the government facing a new test of sentiment later in the day when it seeks to sell $2.5 billion of short-term debt.


IMF, EU grant Romania five-billion-euro credit line (AFP)

Posted: 06 Feb 2011 11:55 AM PST

European Commission President Jose Manuel Barroso (R) welcomes Romanian President Traian Basescu prior to a working dinner on February 3, at the European Commission headquarters in Brussels. Romania will get a fresh credit line of five billion euros ($6.8 billion dollars) from the IMF and the EU after an emergency loan helped the country exit the crisis, Basescu said Sunday.(AFP/File/Georges Gobet)AFP - Romania will get a fresh credit line of five billion euros ($6.8 billion dollars) from the IMF and the EU after an emergency loan helped the country exit the crisis, president Traian Basescu said Sunday.


The rise and fall of a foreclosure king (AP)

Posted: 06 Feb 2011 04:29 PM PST

This undated photo provided by Bill Warner, shows David Stern, a Florida foreclosure lawyer who became one of the nation's top foreclosure lawyers. The worse things got for homeowners, the better they got for Stern.  That is, until last fall, when the nation’s foreclosure machine blew apart and Stern’s gilded world came undone.   (AP Photo/Bill Warner) ** NO SALES **AP - During the housing crash, it was good to be a foreclosure king. David Stern was Florida's top foreclosure lawyer, and he lived like an oil sheik. He piled up a collection of trophy properties, glided through town in a fleet of six-figure sports cars and, with his bombshell wife, partied on an ocean cruiser the size of a small hotel.


Chesapeake Energy plans to sell $5B in assets (AP)

Posted: 07 Feb 2011 08:40 AM PST

AP - Chesapeake Energy Corp. said Monday it will sell all of its assets in a massive natural gas field and stakes in two companies as part of a plan to reduce debt and focus on more profitable regions.

OECD wants more Swiss help in tax cheat hunt: report (Reuters)

Posted: 06 Feb 2011 04:50 AM PST

Reuters - The Organization for Economic Co-operation and Development (OECD) wants Switzerland to make the international hunt for tax evaders easier, a Swiss newspaper reported on Sunday.

Suzuki net profit nearly triples in 9 mths to Dec (AFP)

Posted: 07 Feb 2011 01:47 AM PST

Suzuki Motor chairman Osamu Suzuki launches the new economy model MR Wagon, featuring a 660cc engine, in Tokyo last month. Suzuki Motor says its net profit nearly tripled in the April-December period as healthy sales in Asia offset the strength of the yen.(AFP/File/Yoshikazu Tsuno)AFP - Japanese automaker Suzuki Motor on Monday said its net profit nearly tripled in the April-December period as healthy sales in Asia offset the strength of the yen.


Great Moments in Parking History (BusinessWeek)

Posted: 07 Feb 2011 05:08 AM PST

BusinessWeek - The Palmer & Singer Manufacturing Co. garage is one of the earliest multistory garages known to historians. It predates even the multilevel unit at Chicago's LaSalle Hotel. These early structures were known for their wide spaces, which helped neophyte drivers.

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