Monday, May 23, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall St drops on euro debt, demand worries (Reuters)

Posted: 23 May 2011 08:45 AM PDT

Traders work on the floor of the New York Stock Exchange, May 2, 2011. REUTERS/Brendan McDermidReuters - Stocks fell on Monday as escalating worries about the euro-zone debt crisis and a slowdown in global industrial demand led investors to sell risky assets.


Sony to post $3.2 billion annual loss on tax write-offs (Reuters)

Posted: 23 May 2011 05:00 AM PDT

Factfile on the situation surrounding a cyber attack on Sony's PlayStation 3 network in April 2011. Japan's Sony on Monday said it expected to swing to a $3.2 billion net loss for the fiscal year ended March, after delaying its corporate results to gauge damage from the March 11 earthquake and tsunami.(AFP/Graphic/File)Reuters - Sony Corp will post its third straight annual net loss for the year that ended in March after writing off tax credits in the wake of Japan's earthquake and tsunami, the latest in a string of grim headlines on the consumer electronics giant.


Euro zone periphery under pressure over new risks (Reuters)

Posted: 23 May 2011 09:17 AM PDT

Reuters - Financial markets piled pressure on peripheral euro zone countries on Monday as investors worried about heightened risks in Spain and Greece and fresh concerns over Italy.

India Mahindra Satyam posts Q4 loss on charge (Reuters)

Posted: 23 May 2011 03:25 AM PDT

Reuters - Indian software services exporter Mahindra Satyam posted on Monday a net loss for its fiscal fourth quarter, hurt by a one-time expense due to settlement of a U.S. shareholder lawsuit, sending its shares down as much as 6 percent.

Schawk gets Wells notice from SEC; shares fall (Reuters)

Posted: 23 May 2011 07:39 AM PDT

Reuters - Schawk Inc , a provider of digital imaging graphic services, said it may face U.S. Securities and Exchange Commission civil charges relating to a 2008 restatement, and its shares fell as much as 8.9 percent.

A look at economic developments around the globe (AP)

Posted: 20 May 2011 12:52 PM PDT

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

Regulators shut 2 Ga. banks, 1 in Wash state (AP)

Posted: 20 May 2011 06:55 PM PDT

AP - Regulators shut two banks in Georgia and a smaller bank in Washington state Friday, lifting to 43 the number of U.S. bank failures this year in the wake of a gutted economy and mounds of soured loans.

Campbell's 3Q profit up, but US soup sales slump (AP)

Posted: 23 May 2011 09:32 AM PDT

FILE - In this file product image provided by Campbell's Soup Co., a can of Vegetable Beef soup displaying new labeling, is shown. Campbell Soup said Monday, May 23, 2011, its fiscal third quarter earnings rose 11 percent as sales increases in its snack, food service and international businesses offset a decline in its core U.S. soup, sauce and beverage division. (AP Photo/Campbell's Soup Co., file)AP - Campbell Soup Co. said Monday that its U.S. soup sales fell in its third quarter as it ditched the heavy discounts and found consumers stocked up less.


Spain thrust into debt-crisis spotlight again (AP)

Posted: 23 May 2011 09:42 AM PDT

Demonstrators sleep on the ground as they spend the night at Sol square during a protest in Madrid, Monday May 23, 2011. Thousands of Spaniards defied a ban on a pre-election demonstration and have mounted a protest camp in the heart of the Spanish capital to express anger at political parties and the country's handling of the economic crisis. The crowds have packed Puerta del Sol square since last Sunday and pledged to stay there until after municipal and regional elections this weekend. The banner in Spanish reads 'Bakers and politicians, here you have the door'. (AP Photo/Emilio Morenatti)AP - Spanish financial markets slumped Monday after voters angry about austerity measures dealt the governing Socialist party a painful loss in local and regional elections, raising doubts over the country's ability to enforce debt cuts.


Feds seek to derail H&R Block's deal for TaxACT (AP)

Posted: 23 May 2011 09:07 AM PDT

AP - The Department of Justice is trying to halt H&R Block's plans to acquire the creator of TaxACT software, saying the deal would leave just two major competitors in the do-it-yourself tax preparation market.

Lagarde in wings as candidates emerge for IMF job (AFP)

Posted: 23 May 2011 09:42 AM PDT

France's Finance and Economy Minister Christine Lagarde said it was AFP - The race to succeed disgraced IMF chief Dominique Strauss-Kahn officially got under way Monday, with French Finance Minister Christine Lagarde tipped as the favorite against at least three opponents.


Labelux buys Jimmy Choo for $812 million: sources (Reuters)

Posted: 22 May 2011 02:45 PM PDT

A woman looks at a Jimmy Choo open-toed slingback shoe displayed in a shop window on Via Condotti in central Rome October 7, 2008. REUTERS/Tony GentileReuters - Upscale British shoemaker and retailer Jimmy Choo was bought by luxury goods group Labelux from TowerBrook Capital Partners LP, the companies said on Sunday.


Service members grapple with housing market (AP)

Posted: 22 May 2011 03:52 PM PDT

AP - Air Force Lt. Col. Michael Ballek thought the four-bedroom house bordered by sage bushes and mountain roads on the edge of Las Vegas was a good deal when he purchased it for his growing family in 2007. Nevada's skyrocketing home prices had dipped slightly that year, and the so-called experts all assured him he was getting in at the bottom of the market.

Ahmadinejad not to attend OPEC meet (AFP)

Posted: 23 May 2011 09:05 AM PDT

Iranian President Mahmoud Ahmadinejad, seen here in 2010, will not attend the meeting of the oil cartel OPEC in June despite being in charge of Iran's oil ministry, a senior Islamic republic official has said.(AFP/File/Philippe Lopez)AFP - President Mahmoud Ahmadinejad will not attend the meeting of the oil cartel OPEC in June despite being in charge of Iran's oil ministry, a senior Islamic republic oil official said on Monday.


Court to decide if Japanese couple can be deported (AP)

Posted: 23 May 2011 07:42 AM PDT

AP - The Supreme Court will decide if a Japanese couple can be deported because of convictions resulting from a false tax return.

Panel: Insular Toyota should listen to outsiders (AP)

Posted: 23 May 2011 09:28 AM PDT

AP - An independent panel set up to review Toyota Motor Corp.'s safety and quality issues says the company doesn't do a good job of incorporating customer feedback into its car designs.

Family Planning Loses Out in the Budget Brawl (BusinessWeek)

Posted: 23 May 2011 05:08 AM PDT

BusinessWeek - As the city-run Women's Health and Family Planning Center in Bayonne, N.J., closed its doors last month for the final time, workers hauled away desks, cabinets, and dozens of white boxes labeled "pregnancy tests" and "condoms." The clinic was one of six forced to close after Republican Governor Chris Christie eliminated all of the $7.45 million in state funding for family planning last year as part of an effort to narrow a budget shortfall approaching $11 billion.

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