Saturday, April 30, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Sell in May and go away? Not so fast (Reuters)

Posted: 29 Apr 2011 03:22 PM PDT

Reuters - Major U.S. stock indexes are at multi-year highs but Wall Street does not seem to be running out of steam, not just yet.

Buffett downplays chance of Berkshire dividend (Reuters)

Posted: 30 Apr 2011 07:13 AM PDT

Reuters - Berkshire Hathaway Chief Executive Warren Buffett downplayed on Saturday the idea of a first-ever dividend for shareholders, as he opened his conglomerate's annual meeting for tens of thousands of people.

Insurance to drag on Berkshire Q1 results (Reuters)

Posted: 30 Apr 2011 08:06 AM PDT

Reuters - Berkshire Hathaway Inc (BRKa.N) (BRKb.N) will report a significantly lower first-quarter profit, as one of the worst quarters ever for global catastrophes weighed on the company's insurance businesses, Chief Executive Warren Buffett said on Saturday.

EU hits banks with credit default swap probe (Reuters)

Posted: 29 Apr 2011 05:18 PM PDT

A worker passes through a walkway in an office of Goldman Sachs in London April 20, 2010. REUTERS/Toby MelvilleReuters - The $28 trillion credit default swaps market came under investigation on Friday by the European Union, adding to official pressures bearing down on a huge and opaque business that is widely blamed for aggravating the recent banking and euro zone debt crises.

Microsoft stock tumbles after Windows sales dip (Reuters)

Posted: 29 Apr 2011 03:33 PM PDT

Microsoft CEO Steve Ballmer delivers a speech in Las Vegas on January 2011. Microsoft said Friday it was raising pay for employees to retain Reuters - Microsoft Corp shares fell as much as 5 percent on Friday, a day after the software company reported a dip in its Windows operating system sales.

Former SAC analyst settles insider charges with SEC (Reuters)

Posted: 28 Apr 2011 02:29 PM PDT

Reuters - Former SAC Capital Advisors LP analyst Jonathan Hollander reached a settlement with U.S. securities regulators over allegations he engaged in insider trading in his personal account, while working at Steven A. Cohen's $12 billion hedge fund.

Gasoline prices dent U.S. consumers' buying power (Reuters)

Posted: 29 Apr 2011 11:57 AM PDT

Shoppers stroll along Condotti street during the Christmas season in downtown Rome December 21, 2009. REUTERS/Alessia PierdomenicoReuters - U.S. consumers increased spending for a ninth straight month in March as they stretched to cover higher costs for food and gasoline, with inflation posting its biggest year-on-year gain in 10 months.

Berkshire 1Q profit drops on insurance losses (AP)

Posted: 30 Apr 2011 09:18 AM PDT

The Berkshire Hathaway Warren & Charlie Magic Answer Ball is offered for sale at a cocktail party hosted by the Berkshire-owned Borsheims jewelry store, in Omaha, Neb., Friday, April 29, 2011. The cocktail party welcomes the many thousands who arrive to Omaha for the annual Berkshire Hathaway shareholders meeting, which starts on Saturday. (AP Photo/Nati Harnik)AP - Berkshire Hathaway's first-quarter profits fell 58 percent because of an estimated $1.7 billion in pretax insurance losses from major disasters in Japan, Australia and the U.S.

Target CEO pay rises 83 percent on one-time items (AP)

Posted: 29 Apr 2011 10:36 AM PDT

AP - The CEO of discount retailer Target Corp. received a pay package in 2010 worth $23.9 million, 83 percent more than he made in 2009, because he became eligible for enhanced pension benefits and his stock awards rose as the company's performance improved, according to documents Target filed Friday with the Securities and Exchange Commission.

How to Sell Your Small House (U.S. News & World Report)

Posted: 29 Apr 2011 12:40 PM PDT

U.S. News & World Report - Here's the good news: smaller homes are selling much faster in this market than the jumbling McMansions of 10 years ago. The bad news? Although buyers want a small home, selling one can be something of a challenge.

Crude oil chemical linked to heart defect in babies (AFP)

Posted: 29 Apr 2011 11:26 PM PDT

Babies who are exposed before birth to ethyl benzene, a toxic component in crude oil, may have a higher risk of developing congenital heart disease, US researchers said Saturday.(AFP/File/Deshakalyan Chowdhury)AFP - Babies who are exposed before birth to ethyl benzene, a toxic component in crude oil, may have a higher risk of developing congenital heart disease, US researchers said Saturday.

Tax, spending divisions laid bare in public forums (AP)

Posted: 30 Apr 2011 06:57 AM PDT

FILE - In this Jan. 5, 2011, file photo freshman Rep. Frank Guinta, R-N.H., seen with some family members, participates in a ceremonial House swearing-in ceremony with House Speaker John Boehner of Ohio, left, on Capitol Hill in Washington. The low-key former mayor of Manchester took criticism at a town hall forum in April 2011 for not raising taxes on the wealthy. A bipartisan plan might emerge from a group of six senators, three from each party, working on the issue, he said, and promised to hold a 'manufacturers' summit' and 'innovators' conference' in his district, and to 'look beyond party labels' for solutions to the nation's problems. (AP Photo/Alex Brandon, File)AP - Peter Cass could stand it no longer as he listened to the Republican congressman defend a plan to cut taxes and Medicare simultaneously.

Obama keeps up push to end gas, oil tax breaks (AP)

Posted: 30 Apr 2011 06:33 AM PDT

FILE - In this April 20, 2011 file photo, gas prices above five dollars a gallon are seen on a sign at a gas station in Washington. Americans are down in the dumps. Even though the economy is slowly recovering from the Great Recession, unemployment remains near 9 percent. Gasoline prices have shot up to about $4 a gallon (almost a dollar a liter). That's about a third more than than just six months ago. It's pinching already tight household budgets. (AP Photo/Susan Walsh, File)AP - President Barack Obama says oil companies are profiting from rising pump prices and he wants Congress to end $4 billion in annual tax breaks for the oil and gas industry.
Posted by Harshad at 9:32 AM

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