Tuesday, May 31, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Stocks gain on Greece hopes, but economy weighs (Reuters)

Posted: 31 May 2011 09:08 AM PDT

A flag flies on outside of the New York Stock Exchange building in New York in this May 6, 2010 file photo. REUTERS/Lucas Jackson/FilesReuters - Stocks rose on Tuesday on optimism that more financial aid for Greece was imminent, but weaker-than-expected manufacturing and consumer confidence data underscored the doubts that have hit stocks this month.

Home prices fall again as May confidence dips (Reuters)

Posted: 31 May 2011 08:24 AM PDT

A home for sale is seen in Santa Monica, California, September 27, 2010. REUTERS/Lucy NicholsonReuters - Consumers turned more pessimistic this month, while home prices fell back below crisis-era lows in March, pointing to an economy that continues to struggle.

Europe weighs options for new Greek package (Reuters)

Posted: 31 May 2011 05:35 AM PDT

Reuters - European officials met on Tuesday to sketch out options for a second bailout package for Greece, with private sector participation still under discussion to help relieve the country of its massive debt burden.

Nokia warns of weaker sales, shares drop 15 percent (Reuters)

Posted: 31 May 2011 06:21 AM PDT

Reuters - Mobile phone maker Nokia Oyj slashed its sales and profit outlook on Tuesday and scrapped forecasts for 2011 due to tumbling prices and intense competition, sending its shares crashing 15 percent.

Steve Jobs to kick off Apple meet, launch iCloud (Reuters)

Posted: 31 May 2011 08:57 AM PDT

Reuters - Apple Inc Chief Executive Steve Jobs, who spent months on medical leave, will open an annual developers' conference next week showcasing the iPad maker's latest computer software and a new cloud computing service.

How the major stock indexes fared Friday (AP)

Posted: 27 May 2011 02:01 PM PDT

AP - An unexpected jump in consumer confidence and slight gains in Americans' spending and income helped push stocks higher for the third day in a row Friday. Stocks were still down slightly for the week, however, giving the market its fourth week of losses.

Japan jobless rate rises, factory output anemic (AP)

Posted: 31 May 2011 01:03 AM PDT

People walk around Shinbashi train station in Tokyo Tuesday, May 31, 2011. Japan's unemployment rate in April rose for the first time in six months, while the nation's industrial production rebounded weakly from a record drop following March's earthquake and tsunami. (AP Photo/Koji Sasahara)AP - Japan's unemployment rate rose for the first time in six months in April and industrial production remained anemic after a record drop in the aftermath of March's earthquake and tsunami.

Nokia shares plunge after profit warning (AP)

Posted: 31 May 2011 08:30 AM PDT

AP - Nokia Corp. on Tuesday warned its second-quarter sales and margins will be much lower than expected as rivals challenge the world's largest handset maker in both smartphones and low-end devices.

Europe locked in 'chaotic' debate over Greece (AP)

Posted: 31 May 2011 08:39 AM PDT

Protesters gesture as they hold a banner with an E.U. flag and swastika in the center during a peaceful rally for a sixth day, attended by thousands called through a social networking site - modeled on protests by young people in Spain, on Monday, May 30, 2011. Greece could get another euro 20 billion ($28 billion) in aid from its fellow euro countries and raise three times that through new austerity measures such as selling government property, a top European Central Bank official says. (AP Photo/Thanassis Stavrakis)AP - European officials are locked in a heated debate over whether — and how — to give more aid to debt-ridden Greece just as a much-delayed examination of the country's finances draws to a close.

Military Families Find Signs of Progress in the Fight Against Financial Exploitation (The Motley Fool)

Posted: 30 May 2011 05:39 PM PDT

The Motley Fool - Military members and their families sacrifice a great deal to keep America safe.

Lagarde in Brazil charm offensive for top IMF post (AFP)

Posted: 31 May 2011 03:20 AM PDT

France's Finance Minister Christine Lagarde answers a question during a press conference in a hotel in Brasilia, on May 30, 2011. Lagarde is defending her bid to lead the International Monetary Fund on a visit to Brazil, part of a tour to several increasingly important emerging nations.(AFP/Evaristo Sa)AFP - France's Christine Lagarde sought to rally support for her bid to lead the International Monetary Fund, promising on a visit to Brazil to "deepen" reforms at the institution.

KKR plans to buy Academy Sports (AP)

Posted: 31 May 2011 08:11 AM PDT

AP - The buyout firm Kohlberg Kravis Roberts & Co. LP said Tuesday that it has agreed to buy a majority stake in Academy Sports + Outdoors, a privately held sporting goods retailer with locations throughout the Southeast.

Home-price index at lowest point since 2006 bust (AP)

Posted: 31 May 2011 09:15 AM PDT

In this May 23, 2011 photo, a home is shown for sale in Chagrin Falls, Ohio. Home prices have reached their lowest points since the housing bubble burst in 2006, driven down by foreclosures, a glut of unsold homes and the reluctance or inability of many to buy. (AP Photo/Amy Sancetta)AP - Home prices in major areas have reached their lowest level since the housing bubble burst in 2006, driven down by foreclosures, a glut of unsold homes and the reluctance or inability of many to buy.

Oil up 2 percent on weaker dollar, gas prices down (AP)

Posted: 31 May 2011 09:03 AM PDT

File photo shows Shamseddin Hosseini, Iran's Minister of Economic Affairs and Finance, as he leaves a cabinet meeting in Tehran September 29, 2010. Hosseini will AP - Oil rose about 2 percent Tuesday after a sharp drop in the dollar and reports of pipeline problems in the Midwest.

The Deficit-Friendly Tax Cut (The Daily Beast)

Posted: 31 May 2011 03:01 AM PDT

The Daily Beast - As the budget battle resumes today, one obvious fix—decreasing corporate taxes, but ending loopholes and subsidies—fights for traction. Zachary Karabell on D.C.'s latest irrationality.

Toyota's Japan production will near normal in June (AP)

Posted: 31 May 2011 06:11 AM PDT

FILE - In this May 23, 2011 file photo, Toyota Motor Corp. President Akio Toyoda speaks during a joint press conference with Salesforce.Com chief executive Marc Benioff in Tokyo about Toyota and U.S. Internet company Salesforce.com's alliance to launch 'Toyota Friend,' a private social network for Toyota owners that works similar to tweets on Twitter. Toyota's auto production in Japan will recover to 90 percent of pre-disaster levels next month, faster than its earlier projections and highlighting its power to bounce back from the disaster, the Japanese automaker gave the good news to suppliers in a meeting Tuesday, May 31, 2011. (AP Photo/Koji Sasahara, File)AP - Toyota production in Japan will recover to 90 percent of pre-disaster levels in June, faster than the world's biggest automaker had projected and highlighting its power to bounce back from the supply disruptions caused by the March earthquake and tsunami.

How to Reverse-Engineer Criticism (BusinessWeek)

Posted: 31 May 2011 05:08 AM PDT

BusinessWeek - Good companies always strive to be better and a potentially useful way to catalyze such improvement is to consider how analyst and public criticism might be used to institute corporate change. By parallel, managers themselves might similarly benefit from "reverse-engineering" the criticism of not only outsiders but of their own colleagues: considering both parties as their benefactors on the road to greater performance. In both cases, however, constructive use of criticism only requires a dose of humility and an honest desire to make things better.
Posted by Harshad at 9:27 AM

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