Friday, February 11, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street gains after Mubarak resignation (Reuters)

Posted: 11 Feb 2011 08:58 AM PST

Traders work on the floor of the New York Stock Exchange, February 7, 2011. REUTERS/Brendan McDermidReuters - U.S. stocks rose on Friday as investors welcomed news that Egyptian President Hosni Mubarak resigned, easing concerns that have been weighing on the market for weeks.

Long road ahead for Obama housing overhaul plan (Reuters)

Posted: 11 Feb 2011 06:14 AM PST

The US Treasury Department proposed to wind down state-backed mortgage lenders Fannie Mae and Freddie Mac, which have underpinned the housing market for 40 years.(AFP/File/Karen Bleier)Reuters - The Obama administration nailed a 'condemned' sign on the wrecked U.S. housing finance system on Friday, but did not offer a clear blueprint for a rebuilding project that could go on for years.

Consumer sentiment hits 8-month high (Reuters)

Posted: 11 Feb 2011 08:12 AM PST

Reuters - U.S. consumer sentiment rose to its highest level in eight months in early February, boosted by recent tax cuts and optimism about the economy, a survey released on Friday showed.

Nokia and Microsoft join forces in smartphone war (Reuters)

Posted: 11 Feb 2011 08:19 AM PST

Reuters - Nokia and Microsoft teamed up on Friday to build an iPhone killer in a desperate attempt to take on Google and Apple in the fast-growing smartphone market.

Raided hedge fund Level Global to shut down (Reuters)

Posted: 11 Feb 2011 08:31 AM PST

Reuters - Level Global Investors, one of the hedge funds raided by U.S. agents last November in a broad investigation into insider trading, told investors it would begin the process of winding down.

Manulife profit doubles, but misses estimates (Reuters)

Posted: 10 Feb 2011 03:31 PM PST

Reuters - Manulife Financial Corp's fourth-quarter profit more than doubled from a year earlier and rebounded from a steep third-quarter loss, lifted by strong stock markets and bond yields.

Asustek 2010 Earnings Signal Notebook Strength (PC World)

Posted: 11 Feb 2011 05:20 AM PST

PC World - Asustek Computer's revenue for 2010 grew 29 percent over the previous year, largely on the strength of traditional laptop computer sales, the world's sixth-largest PC maker said on Friday.

Debt inspectors: Greek reforms face critical test (AP)

Posted: 11 Feb 2011 06:15 AM PST

Protesting Athens transport workers on motorcycles ride through the Greek capital's center to demonstrate against a planned shakeup of loss-making state transport companies, on Friday, Feb. 11, 2011. Transport workers in Athens walked off the job for several hours Friday to protest against planned public sector reforms, continuing a series of strikes that have plagued the Greek capital recently. (AP Photo/Petros Giannakouris)AP - International inspectors say Greece's ambitious program to overcome its debt crisis had reached a "critical juncture" and that faster structural reforms are needed.

Bernanke's Big Talk: Here's What You Need to Know (The Motley Fool)

Posted: 11 Feb 2011 07:54 AM PST

The Motley Fool - Love him or hate him, you should listen when Fed chairman Ben Bernanke speaks. He affects your finances regardless if you agree with him.

Canada takes fight over EU seal ban to WTO (AFP)

Posted: 11 Feb 2011 08:21 AM PST

Baby seals at the North Sea island Juist in 2009. The government of Canada has formally challenged a European Union seal products ban at the World Trade Organization, it announced Friday after negotiations failed to resolve the trade row.(AFP/DDP/File/Nigel Treblin)AFP - The government has formally challenged a European Union seal products ban at the World Trade Organization, it announced Friday after negotiations failed to resolve the trade row.

You Don't Need Millions to Own a Tropical Home (BusinessWeek)

Posted: 11 Feb 2011 05:08 AM PST

BusinessWeek - Tropical storms tend to hit the Caribbean before they reach the mainland. The economic storm that hit the global housing market continues to blow over the Caribbean even as the U.S. sees signs of recovery.

Oil prices drop as Mubarak leaves Cairo (AP)

Posted: 11 Feb 2011 08:57 AM PST

In this Feb. 10, 2011 photo, a fire burns at Hanover Farms in Hanoverton, Ohio after what officials believe was a natural gas pipeline explosion. A dispatcher for the Columbiana County Sheriff's Office in Ohio said officials had no initial reports of injury from the Thursday night explosion and fire. (AP Photo/Morning Journal, Patti Schaeffer)AP - Oil prices dropped on Friday after Egypt's President Hosni Mubarak handed over power to the military and left Cairo.

Rockets, doughnuts could face ax in US budget cuts (AFP)

Posted: 11 Feb 2011 06:29 AM PST

This NASA artist's rendition received in 2007 shows the James Webb Space Telescope, a large infrared telescope with a 6.5-meter primary mirror. The James Webb Space Telescope, has careened billions of dollars over budget and needs 500 million dollars more to be completed by 2015.(AFP/NASA/File)AFP - Hundreds of millions of US taxpayer dollars have been wasted on everything from doughnuts to rockets, auditors told Congress Thursday as budget-minded lawmakers prepared to slash science funding.

GM, Chrysler salaried workers to get bonuses (AP)

Posted: 11 Feb 2011 04:08 AM PST

AP - Most of the 26,000 white-collar workers at General Motors Co. will get performance bonuses of 4 to 16 percent of their base salaries this year, but payments to a small number could be 50 percent or more, the company confirmed late Thursday.

AACSB Urges B-Schools to Adapt to a Global World (BusinessWeek)

Posted: 11 Feb 2011 05:08 AM PST

BusinessWeek - Business schools are lagging behind in preparing students for careers in an increasingly global world and need to become more strategic about how they weave cross-border content into their programs, according to a report released today by the Association to Advance Collegiate Schools of Business (AACSB).
Posted by Harshad at 9:36 AM

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