Monday, February 28, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street higher after bullish Bullard comments (Reuters)

Posted: 28 Feb 2011 08:04 AM PST

Traders work on the floor of the New York Stock Exchange, February 23, 2011. REUTERS/Brendan McDermidReuters - Stocks rose on Monday after bullish comments from a Federal Reserve official eased concerns that high oil prices could hurt economic activity.

Consumer spending edges up, manufacturing strong (Reuters)

Posted: 28 Feb 2011 08:37 AM PST

Shoppers carry their purchases along Broadway in New York City, May 11, 2008. Some retailers are offering discounts encouraging consumers to spend their tax rebate checks under a $150 billion economic stimulus package signed by President George W. Bush.REUTERS/Joshua LottReuters - Consumer spending rose modestly in January, getting the year off to a soft start, as households took advantage of tax cuts to rebuild their savings.

Brent up on Libya despite Saudi assurances (Reuters)

Posted: 28 Feb 2011 08:54 AM PST

Gas prices are seen at a petrol station in New York February 22, 2011. REUTERS/Shannon StapletonReuters - Brent crude oil prices rose above $112 a barrel in choppy trade on Monday as investors weighed reassurances from Saudi Arabia that extra supply needs were being met against the prospect that disruption of Libya's output could be prolonged.

Blackstone to buy Centro malls for $9.4 billion: source (Reuters)

Posted: 28 Feb 2011 06:34 AM PST

Rain clouds are seen behind a Centro sign in Sydney in this February 18, 2008 file photo. Private equity firm Blackstone Group will pay about $9.4 billion for the U.S. shopping mall assets of Australia's debt-laden Centro Properties after winning a three-way bidding contest, a source with knowledge of the transaction said on Monday. REUTERS/Mick TsikasReuters - Private equity firm Blackstone Group LP has struck a deal to buy nearly 600 U.S. shopping malls and other properties from Australia's Centro Property Group for about $9.4 billion, a person with direct knowledge of the transaction said on Monday.

HSBC cuts targets as capital rules bite, costs jump (Reuters)

Posted: 28 Feb 2011 07:40 AM PST

An HSBC bank sign is seen outside a branch in central London August 2, 2010. REUTERS/Toby MelvilleReuters - HSBC cut its profitability targets due to the cost of tougher banking regulations and plans to cut costs and overhaul other areas after its annual profits fell short of expectations.

Libya live report (AFP)

Posted: 25 Feb 2011 02:11 PM PST

Libya's ambassador to the United Nations Abdel-Rahman Shalgam speaks to the UN Security Council during a meeting held to consider actions against Libyan leader Muamar Kadhafi's government that could include sanctions.(AFP/Timothy A. Clary)AFP - 2159 GMT: This live report is concluding. Here is a recap of today's key events in the relentless surge of uprisings across the embattled region:

Eurozone inflation revised down to 2.3 percent (AP)

Posted: 28 Feb 2011 04:33 AM PST

AP - Prices in the 17 countries that use the euro did not rise as much as first estimated during January but still increased at their highest rate in over two years, official figures showed Monday.

HSBC 2010 profit up, but disappoints investors (AP)

Posted: 28 Feb 2011 04:45 AM PST

AP - HSBC Holdings PLC increased its dividend Monday as it reported that profits more than doubled last year, but the bank disappointed investors by falling short of analysts' forecasts and cutting its future profitability predictions.

EU seeks to bridge divide over competitivity pact (AFP)

Posted: 28 Feb 2011 08:11 AM PST

European Union president Herman Van Rompuy has sought to bridge divisions over deepening economic coordination in the eurozone, scaling down a disputed Franco-German plan opposed by several states.(AFP/File/Pedro Armestre)AFP - European Union president Herman Van Rompuy sought Monday to bridge divisions over deepening economic coordination in the eurozone, scaling down a disputed Franco-German plan opposed by several states.

Author Lewis sued for defamation by asset manager (Reuters)

Posted: 28 Feb 2011 08:29 AM PST

Reuters - Michael Lewis, best-selling author of "The Big Short" about the mortgage meltdown, has been sued for defamation by an asset manager featured in the book.

Fewer people sign contracts to buy homes in Jan. (AP)

Posted: 28 Feb 2011 07:43 AM PST

In this Jan. 26, 2011 photo, a home with a pending home sale sign is shown in Palo Alto, Calif. Fewer Americans signed contracts to buy homes in January, the latest evidence that the housing market is struggling. (AP Photo/Paul Sakuma)AP - Fewer Americans signed contracts to buy homes in January, the latest evidence that the housing market is struggling to rise above depressed levels.

Libya oil chief: Production down 50 percent (AP)

Posted: 28 Feb 2011 08:30 AM PST

A Libyan oil worker walks in front of a refinery inside the Brega oil complex, in Brega east of Libya, on Saturday Feb. 26, 2011. Production at Brega has dropped by almost 90 percent amid the country's crisis because many employees have fled and few ships are coming to offload the product. (AP Photo/Hussein Malla)AP - Libya's oil chief said Monday that production had been cut by around 50 percent, and argued it was "safe" for foreign oil workers to return after a mass exodus sparked by Moammar Gadhafi's increasingly violent campaign to retain control of the country.

(AP)

Posted: 28 Feb 2011 05:32 AM PST

AP - After tax cut, consumer spending rises but by the smallest amount in seven months.

Russia to global carmakers: Beef up local presence (Reuters)

Posted: 28 Feb 2011 09:01 AM PST

Reuters - The world's biggest carmakers have until the end of Monday to sign up for Russia's latest scheme to entice major players and strengthen its local industry ahead of any future crisis.

Style Q&A (BusinessWeek)

Posted: 28 Feb 2011 05:08 AM PST

BusinessWeek - Q: I'm a vegan and don't wear leather. What should I do as far as shoes for a corporate job interview?
Posted by Harshad at 9:16 AM

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