Tuesday, May 3, 2011

Yahoo! News: Health News

Yahoo! News: Health News


S&P 500 slips with commods but Alcoa jumps (Reuters)

Posted: 03 May 2011 09:00 AM PDT

The Dow Jones industrial average ended down 3.71 points, or 0.03 percent, at 12,806.83. REUTERS/GraphicReuters - The S&P and Nasdaq declined on Tuesday as investors sold commodity-related shares, and saw the market digressing further from its recent rally.


General Motors U.S. sales up 26 percent for April (Reuters)

Posted: 03 May 2011 08:31 AM PDT

A GM sign is seen outside the Medved General Motors car dealership in Arvada, Colorado August 12, 2010. REUTERS/Rick WilkingReuters - General Motors Co's U.S. sales rose 26 percent in April, a sign that the automaker has not been greatly affected by supply disruptions from Japan after the March 11 earthquake.


U.S. sues Deutsche Bank over mortgage fraud (Reuters)

Posted: 03 May 2011 08:02 AM PDT

Reuters - The United States sued Deutsche Bank AG for more than $1 billion, accusing the German bank of defrauding the government by repeatedly lying to obtain federal insurance guarantees on mortgage debt.

Pfizer drugs wilt, lower-margin units shine (Reuters)

Posted: 03 May 2011 08:53 AM PDT

Reuters - Pfizer Inc reported disappointing quarterly revenue on declining demand for its prescription medicines, exposing the risks the world's biggest drugmaker would face if it sells better-performing units like its nutritional products business.

Alcoa shares climb on chatter of Rio Tinto bid (Reuters)

Posted: 03 May 2011 08:25 AM PDT

Reuters - Alcoa Inc shares rose 3.6 percent on Tuesday and activity in the options market surged on market talk that Rio Tinto was lining up a bid to buy the U.S. aluminum company.

A look at economic developments around the globe (AP)

Posted: 02 May 2011 11:28 AM PDT

AP - A look at economic developments and activity in major stock markets around the world Monday:

Summary Box: Weak dollar boosts factory exports (AP)

Posted: 02 May 2011 03:01 PM PDT

AP - MANUFACTURING EXPANDS: Manufacturing activity expanded for the 21st straight month in April, though at a slower pace than March. A trade group said its index of manufacturing activity dipped to 60.4 from 61.2 in March. A reading above 50 indicates expansion.

Summary Box: Avon 1st-quarter net income jumps (AP)

Posted: 03 May 2011 08:20 AM PDT

AP - THE NEWS: Cosmetics seller Avon Products Inc. on Tuesday reported its first-quarter net income nearly tripled. Revenue rose 7 percent to $2.63 billion, helped by strength in Latin America.

US sues Deutsche Bank for mortgage fraud (AFP)

Posted: 03 May 2011 09:16 AM PDT

Exterior view of the headquarters of Germany's largest bank, Deutsche Bank, on February 24. The US Justice Department on Tuesday sued German giant Deutsche Bank for mortgage fraud, saying the bank obtained government insurance for substandard mortgages during the US housing boom.(AFP/DPA/File/Boris Roessler)AFP - The US Justice Department sued German giant Deutsche Bank Tuesday for mortgage fraud, saying the bank illegally obtained government insurance for substandard mortgages during the US housing boom.


Saab reprieved with cash and keys in China (AFP)

Posted: 03 May 2011 05:19 AM PDT

Saab and its owner Dutch car maker Spyker have signed a strategic partnership agreement in China(DDP/AFP/File/Torsten Silz)AFP - Dutch auto minnow Spyker revealed on Tuesday a deal with Chinese carmaker Hawtai to pump 150 million euros ($221 million dollars) into stricken Saab, hoping this will be a key to sales in China


Sears shareholders to hear new CEO's sales plan (AP)

Posted: 03 May 2011 03:13 AM PDT

AP - Sears' new CEO faces shareholders Tuesday to detail what plans he has to revive sales at the long-struggling retailer.

Feds sue Deutsche Bank, alleging mortgage fraud (AP)

Posted: 03 May 2011 08:33 AM PDT

AP - The federal government has sued Deutsche (DOY'-chuh) Bank. It alleges the bank committed mortgage fraud by repeatedly lying so that it could join a government program that insured mortgages.

Oil falls on stronger dollar and supply forecast (AP)

Posted: 03 May 2011 08:59 AM PDT

Flames shoot into the sky from a gas pipeline after unknown saboteurs bombed the Egyptian pipeline near the village of Al-Sabil in the El-Arish region of the Sinai.(AFP)AP - Oil fell Tuesday because of a stronger dollar and expectations that U.S. supplies are rising.


Pfizer 1Q net up 10 percent on lower costs, taxes (AP)

Posted: 03 May 2011 07:19 AM PDT

FILE - In this file photo from Jan. 31, 2011, the Pfizer logo is displayed at the drug company's world headquarters in New York. Pfizer Inc. said Tuesday, May 3, 2011 its first-quarter profit rose 10 percent, due to lower costs for production and research and a smaller tax bill. (AP Photo/Mark Lennihan, file)AP - Drugmaker Pfizer Inc. said Tuesday its first-quarter profit rose 10 percent, despite flat revenue, due to lower costs for production and research and a smaller tax bill.


Saab rescued by Chinese automaker (Reuters)

Posted: 03 May 2011 08:41 AM PDT

The new Saab 9-5 model is displayed on the exhibition stand during the second media day of the 80th Geneva Car Show at the Palexpo in Geneva March 3, 2010. REUTERS/Denis BalibouseReuters - A privately-owned Chinese auto maker has come to the rescue of Saab, paving the way for the Swedish marque's new model to be made in China by pumping cash into a company in danger of collapse.


MBAs Aim to Reinvent Management (BusinessWeek)

Posted: 03 May 2011 05:08 AM PDT

BusinessWeek - Free pizza has a way of motivating people. Armed with this knowledge, technology companies have supersized brainstorming sessions by creating "hackathons," intense events in which employees are divided into teams to focus on generating ideas and turning them quickly into prototypes, all while chowing down on pizza. The goal: to unearth the creativity lying dormant in employees, who might have felt stifled in traditional companies.

No comments:

Post a Comment