Friday, May 27, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall Street gains on commodities but home sales off (Reuters)

Posted: 27 May 2011 07:32 AM PDT

The Dow Jones industrial average edged up 8.10 points, or 0.07 percent, to 12,402.76. REUTERS/GraphicReuters - Stocks were higher on Friday as bullish comments about Greece caused the dollar to fall, resulting in strength in commodity prices.


Consumer spending tepid as inflation accelerates (Reuters)

Posted: 27 May 2011 08:09 AM PDT

Reuters - Consumer spending rose modestly in April, starting the second quarter on a soft note as high gasoline prices continued to squeeze household finances and keep inflation pressures simmering.

Greeks fail to agree on debt measures amid aid threat (Reuters)

Posted: 27 May 2011 07:16 AM PDT

A woman walks past electronic boards displaying stock prices and economic index at the Athens stock exchange in Athens May 16, 2011. REUTERS/John KolesidisReuters - Greece's prime minister failed to convince opposition leaders on Friday to support tougher austerity measures to free up EU/IMF aid needed to avert a debt default.


Yandex over-allotment option takes IPO to $1.43 billion (Reuters)

Posted: 27 May 2011 05:19 AM PDT

Yandex founder and CEO Arkady Volozh (front, 2nd R) celebrates as Yandex is listed on the Nasdaq exchange during their IPO at the Nasdaq market site in New York May 24, 2011. REUTERS/Mike SegarReuters - Yandex said on Friday the underwriters of its recent blockbuster Nasdaq IPO had exercised an over-allotment option in full, bringing the total raised to $1.43 billion.


Morgan Stanley loses bid to toss MBIA lawsuit (Reuters)

Posted: 27 May 2011 08:13 AM PDT

Reuters - A New York judge rejected Morgan Stanley's bid to throw out a lawsuit accusing the bank of fraudulently inducing bond insurer MBIA Inc to insure $223.2 million of risky mortgage debt.

European stocks subdued before US GDP numbers (AFP)

Posted: 26 May 2011 05:01 AM PDT

The Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas on Sunday. Europe's stock markets are awaiting US economic growth data.(AFP/Getty Images/File/Ethan Miller)AFP - Europe's main stock markets traded mixed on Thursday as investors awaited vital US economic growth data, while London's mining sector was boosted by rising commodity prices.


Oil set to close out week with a gain (AP)

Posted: 27 May 2011 07:26 AM PDT

Rep. Dennis Kucinich (D-OH) speaks during a briefing on Capitol Hill to discuss the U.S. proposal for the Keystone XL tar sands oil pipeline, May 26, 2011. REUTERS/Yuri Gripas (UNITED STATES - Tags: POLITICS BUSINESS)AP - Oil is rising as the dollar weakens in light trading before the Memorial Day weekend.


Tiffany 1Q earnings up 25 pct, raises year view (AP)

Posted: 26 May 2011 04:31 PM PDT

A woman walks out from Tiffany's Fifth Avenue store with a purchase, Wednesday, May 25, 2011 in New York. Tiffany said Thursday, its first-quarter earnings rose 25 percent on worldwide sales growth. It also raised its forecast for the year. (AP Photo/Mark Lennihan)AP - In another sign that the luxury sector remains strong, Tiffany & Co. said Thursday its first-quarter profit rose 25 percent on higher revenue across all regions worldwide.


Greek leaders fail to agree on austerity measures (AP)

Posted: 27 May 2011 08:45 AM PDT

Greece's conservative leader Antonis Samaras, right and right-wing LAOS party leader Giorgos Karatzaferis attend a meeting in Athens on Friday May 27, 2011.Greek political leaders held crisis meeting to find consensus on austerity measures. (AP Photo/Aris Messinis,pool)AP - Greece's main opposition conservative party has rejected a government plea for cross-party agreement on new austerity measures, despite strong pressure from the European Union and worries about a default.


How to Maintain Your Lifestyle in Retirement (U.S. News & World Report)

Posted: 27 May 2011 06:32 AM PDT

U.S. News & World Report - Life expectancy in the U.S. has doubled in the last 200 years, and now the average 65-year-old will live to be 84. And that's just the average. If you're a married couple in your 60s there is a 50 percent chance that one of you will live to age 95! Potentially, that's 30 years in retirement if you stop working at 65. With our longer life spans, financial planning for retirement has never been more important if we want to maintain our lifestyle over the long term.

Europeans consider Lagarde IMF job done deal: diplomat (AFP)

Posted: 27 May 2011 08:35 AM PDT

French Finance Minister Christine Lagarde arrives at a press conference to announce her candidacy to head the International Monetary Fund at her ministry in Paris. EU capitals now consider that French Finance Minister Christine Lagarde's appointment as the next head of the IMF is a done deal, after US Secretary of State Hillary Clinton hailed the candidacy, a European official has told AFP.(AFP/Bertrand Langlois)AFP - EU capitals now consider the appointment of French Finance Minister Christine Lagarde as the next head of the IMF as a done deal, after US Secretary of State Hillary Clinton hailed her candidacy, a European official told AFP at the G8 summit.


Oil pares gains after home sales data (Reuters)

Posted: 27 May 2011 08:52 AM PDT

An employee holds a gas pump to refill a car at a petrol station in central Seoul April 6, 2011. REUTERS/Lee Jae-WonReuters - Oil pared gains on Friday as weaker-than-expected U.S. pending home sales data for April triggered fresh concerns about the pace of recovery by the world's largest energy consumer and after a softer dollar initially lent support to prices.


Syrian security forces fire on protests, killing 8 (AP)

Posted: 27 May 2011 08:29 AM PDT

Pro-Syrian President Bashar Assad protesters  kiss Assad's portrait in Beirut, Lebanon, on Monday May 23, 2011.  Lebanese soldiers acted as a buffer between pro- and anti-Assad protesters who blocked traffic Monday in Beirut's main commercial and residential Hamra Street, highlighting concerns that the crisis in Syria could spill over into tiny Lebanon. Many in Lebanon support the uprising in Syria, which maintained troops in the country for 29 years before withdrawing in 2005. (AP Photo/Hussein Malla)AP - Syrian security forces opened fire on anti-government demonstrations Friday, killing at least eight people as thousands took to the streets despite the near-certainty they would face gunfire, tear gas and stun guns, human rights activists and witnesses said.


Calif. IRS agent gets 3 years for tax cheating (AP)

Posted: 27 May 2011 06:26 AM PDT

AP - A California-based Internal Revenue Service agent has been sentenced to three years in prison for cheating on his taxes and must repay $127,000 to the IRS.

US safety regulators probe Nissan, Jeep problems (AP)

Posted: 27 May 2011 08:04 AM PDT

AP - Auto safety regulators are investigating brake problems with the Nissan Altima and complaints of air bag troubles with the Jeep Wrangler.

Financing an MBA, With Help From Mom and Dad (BusinessWeek)

Posted: 27 May 2011 05:08 AM PDT

BusinessWeek - Daniel Wesley knew as soon as he started applying to business school that he wanted to avoid student loans. He'd already racked up about $45,000 in loans from his undergraduate days and didn't relish the idea of adding another $200,000 or so to that debt load, he says. When he found out he got into the Weekend MBA program at the University of Chicago's Booth School of Business (Booth Part-Time MBA Profile), he turned to his mother and father, a retired construction foreman, for help. ...

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