Tuesday, March 1, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street lower as crude oil jumps (Reuters)

Posted: 01 Mar 2011 07:34 AM PST

Traders work on the floor of the New York Stock Exchange, February 23, 2011. REUTERS/Brendan McDermidReuters - U.S. stocks traded lower on Tuesday as a jump in oil prices renewed fears of hampered economic activity, offsetting a positive reading on manufacturing.

Bernanke sees few ripples from oil cost on economy (Reuters)

Posted: 01 Mar 2011 09:13 AM PST

U.S. Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking, Housing and Urban Affairs Committee on the semi-annual Monetary Policy Report to Congress on Capitol Hill in Washington March 1, 2011. REUTERS/Jim YoungReuters - Federal Reserve Chairman Ben Bernanke said on Tuesday the recent surge in oil prices is unlikely to have a big impact on the U.S. economy but could dampen growth and raise inflation if sustained.

GM U.S. sales surge as incentives catch fire (Reuters)

Posted: 01 Mar 2011 08:32 AM PST

Ford trucks are shown for sale on a car lot in Carlsbad, California March 30, 2010. Picture taken March 30, 2010. REUTERS/Mike BlakeReuters - General Motors Co's sales in its home market surged by 46 percent in February as sales incentives including lease deals and cash offers for existing GM owners drove shoppers to dealerships.

SEC charges ex-Goldman director in insider case (Reuters)

Posted: 01 Mar 2011 09:18 AM PST

Reuters - A former Goldman Sachs Group Inc director has been charged by U.S. securities regulators with leaking inside information about the investment bank's results to Galleon Group founder Raj Rajaratnam.

Goldman estimates $3.4 billion in legal losses (Reuters)

Posted: 01 Mar 2011 05:22 AM PST

Reuters - Goldman Sachs Group Inc could lose up to $3.4 billion from lawsuits and other disputes over the securities it sold and underwrote, the investment bank said in its annual filing with regulators on Tuesday.

CME to slash rate traders' costs to fight NYSE (Reuters)

Posted: 28 Feb 2011 04:19 PM PST

Reuters - CME Group Inc unveiled a plan that would slash costs for interest-rate traders to shore up its key Treasury futures franchise ahead of an imminent challenge from NYSE Euronext .

Libya: live report (AFP)

Posted: 01 Mar 2011 09:13 AM PST

Libyan anti-Kadhafi protesters wave their old national flag as they stand atop an abandoned army tank in the eastern city of Benghazi on Monday.(AFP/Patrick Baz)AFP - 1700 GMT: Here's a recap of today's major developments:

Live Nation's loss for 2010 more than triples (AP)

Posted: 28 Feb 2011 02:07 PM PST

AP - Live Nation Entertainment Inc., the concert promoter that merged with Ticketmaster last year, said Monday that its net loss for 2010 more than tripled as concert attendance fell and ticket sales for other events also declined.

European recovery boosted by US tax cuts deal (AP)

Posted: 01 Mar 2011 04:43 AM PST

AP - The recently agreed tax cuts in the U.S. will help Europe's economic recovery pick up some steam this year despite rising energy costs and debt troubles in a number of countries that use the euro, the EU's executive said Tuesday.

Geithner: Can't stall forever on Fannie, Freddie (Reuters)

Posted: 01 Mar 2011 09:05 AM PST

Treasury Secretary Timothy Geithner testifies during a House Financial Services Committee hearing on mortgage finance reform, on Capitol Hill in Washington, March 1, 2011. REUTERS/Jonathan ErnstReuters - Treasury Secretary Timothy Geithner said on Tuesday that lawmakers can't stall indefinitely on implementing housing finance reforms if they really want to back the government out of the market.

FDIC calls for big bank restructuring (Reuters)

Posted: 28 Feb 2011 10:19 PM PST

Reuters - America's big international banks may have to restructure and downsize their operations now, unless they can prove they will be easy to dismantle in another financial crisis, said U.S. regulator Sheila Bair.

GM's US sales jump 46% in February (AFP)

Posted: 01 Mar 2011 08:09 AM PST

General Motors reported a 46 percent jump in February US sales as retail sales swelled 70 percent in their largest year-over-year gain in the company's history.(AFP/File/Patrick Hertzog)AFP - General Motors reported a 46 percent jump in February US sales on Tuesday as retail sales swelled 70 percent in their largest year-over-year gain in the company's history.

Key House Republican praises Obama housing plan (AP)

Posted: 01 Mar 2011 08:41 AM PST

U.S. Secretary of Treasury Timothy Geithner walks at the Cleveland Hopkins International Airport in Cleveland, Ohio, after arriving aboard Air Force One, February 22, 2011. U.S. President Barack Obama, with much of his Cabinet in tow, visited Ohio on Tuesday to try to reach out to U.S. entrepreneurs amid complaints from some small business owners that his policies inhibit growth. REUTERS/Larry Downing (UNITED STATES - Tags: POLITICS BUSINESS)AP - The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the mortgage market drew praise from House Republicans on Tuesday. The GOP chairman of the House Financial Services Committee called the proposal a good starting point for bipartisan negotiations over a housing overhaul.

London shares end in the red (AFP)

Posted: 01 Mar 2011 09:08 AM PST

A man walks past an electronic display board showing the FTSE 100 share index in London. London shares ended in the red as investor sentiment remained jittery over the Middle East crisis which in turn contributed to a spike in oil prices.(AFP/File/Shaun Curry)AFP - London shares ended in the red on Tuesday as investor sentiment remained jittery over the Middle East crisis which in turn contributed to a spike in oil prices.

Minn. deficit shrinks; Dayton drops income surtax (AP)

Posted: 28 Feb 2011 04:18 PM PST

State economist Tom Stinson speaks during a news conference in St. Paul, Minn., Monday, Feb. 28, 2011. On the left is Minnesota Management and Budget Commissioner Jim Schowalter. Minnesota's projected budget deficit shrank by a fifth to $5 billion on Monday, prompting Gov. Mark Dayton to withdraw his proposal for a 3 percent temporary surtax on top incomes that would have given the state the nation's highest income tax rate. (AP Photo/The Star Tribune, Glen Stubbe) MANDATORY CREDIT; ST. PAUL PIONEER PRESS OUT; MAGS OUT; TWIN CITIES TV OUTAP - Minnesota's projected budget deficit shrank by a fifth to $5 billion on Monday, prompting Gov. Mark Dayton to withdraw his proposal for a 3 percent temporary surtax on top earners that would have given the state the nation's highest income tax rate.

Chrysler US sales rise 13 percent in February (AP)

Posted: 01 Mar 2011 09:13 AM PST

AP - Chrysler Group says sales in February rose 13 percent as the company continued its recovery from bankruptcy.

MBA Journal: B-School on a Caffeine High (BusinessWeek)

Posted: 01 Mar 2011 05:08 AM PST

BusinessWeek - Greetings from Lausanne, Switzerland. After a few weeks of handling some administrative tasks, my wife and I are finally settled into our apartment, which is a 10-minute walk from the IMD Business School (IMD Full-Time MBA Profile) campus. Similar to any relocation, we had to acquaint ourselves with where we can buy groceries, get a haircut, and find the best fondue. The challenge with the international move was the entirely new set of rules and regulations that pertain to banking, renting, Internet access, and just being here. ...
Posted by Harshad at 9:32 AM

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