Wednesday, June 1, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Stocks falter after weak economic data (Reuters)

Posted: 01 Jun 2011 07:58 AM PDT

The outside of the New York Stock Exchange is seen in New York May 13, 2011. REUTERS/Shannon StapletonReuters - Stocks fell on Wednesday as another round of weak economic data cast doubts on the strength of an economic recovery.

Nokia declines comment on report of Microsoft talks (Reuters)

Posted: 01 Jun 2011 08:35 AM PDT

Reuters - Nokia on Wednesday declined to comment on a report on website BGR that it was set to begin talks with Microsoft Corp about the possible sale of the Finnish company's cell phone business.

Jobs and factory slowdown add to recovery fears (Reuters)

Posted: 01 Jun 2011 07:54 AM PDT

A customer counts his cash at the register while purchasing an item at a Best Buy store in Flushing, New York March 27, 2010. REUTERS/Jessica RinaldiReuters - Companies hired far fewer workers than expected in May and output in the manufacturing sector slowed to its lowest level since 2009, raising concerns that the U.S. recovery is running out of steam.

GM May U.S. vehicle sales dip (Reuters)

Posted: 01 Jun 2011 08:38 AM PDT

General Motors SUV's are displayed in an autosales lot in Troy, Michigan June 3, 2008. REUTERS/Rebecca CookReuters - General Motors Co on Wednesday said total vehicle sales in May fell slightly from a year ago as sales of its Chevrolet brand, including its top-selling Silverado pickup truck, fell 3.5 percent.

Greek aid hopes boost euro (Reuters)

Posted: 01 Jun 2011 07:33 AM PDT

People walk past the Bank of Greece in Athens May 9, 2011. REUTERS/Yiorgos KarahalisReuters - Greece neared a deal with the EU and IMF to avert a near-term default, pushing the euro to a one-month high on Wednesday, but a poor debt auction in Portugal and stalled Spanish wage talks highlighted the risks of contagion.

Stock index futures signal higher open (Reuters)

Posted: 31 May 2011 01:08 AM PDT

Reuters - NEW YORK (Reuters) Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.7 to 0.8 percent. The market was closed on Monday for the Memorial Day holiday.

World factory growth slips as U.S. hiring weak (Reuters)

Posted: 01 Jun 2011 06:00 AM PDT

Reuters - Factory growth eased in Europe and Asia in May, surveys showed on Wednesday, feeding concerns that the world's main economic engines are cooling fast as richer countries curtail orders.

Bombardier lifted by CSeries order (Reuters)

Posted: 01 Jun 2011 07:27 AM PDT

Reuters - Bombardier Inc (BBDb.TO) reported a stronger-than-expected rise in quarterly profit on Wednesday and announced a long-awaited order for its new C-Series commercial jetliner, propelling its stock higher.

Germany sees IMF and EU staying involved in Greece (Reuters)

Posted: 01 Jun 2011 05:06 AM PDT

Reuters - Germany expects the European Union and the International Monetary Fund to remain involved jointly in any continued aid program for debt-laden Greece, a finance ministry spokesman said on Wednesday. The comments contradict an earlier report in the Frankfurter Allgemeine Zeitung newspaper which had said it appeared certain the IMF would not contribute its share of the next tranche of aid under Greece's international bailout package.

The Student Loan Ranger's Mailbag Express: Forgiveness and Repayment (U.S. News & World Report)

Posted: 01 Jun 2011 08:36 AM PDT

U.S. News & World Report - The Student Loan Ranger would like to give a special shout out to all you new graduates!

Cash-strapped Belarus seeks IMF rescue (AFP)

Posted: 01 Jun 2011 08:02 AM PDT

Belarussian President Alexander Lukashenko is seen in January. Belarus has asked the International Monetary Fund for a rescue loan to bail it out of a growing economic crisis that has seen currency devaluation and consumer panic.(AFP/File/Sergei Grits)AFP - Belarus on Wednesday asked the International Monetary Fund (IMF) for up to $8 billion in assistance aimed at easing a crisis that has seen the currency sharply devalued and stores emptied by panicked buyers.

Smart Money: Hedge funds see bargains in discount retail (Reuters)

Posted: 01 Jun 2011 02:52 AM PDT

Reuters - With gas prices and unemployment high, low-income shoppers are not the only ones trying to find the best bargains in discount stores.

BofA CEO says foreclosure deal will take time (Reuters)

Posted: 01 Jun 2011 07:15 AM PDT

Reuters - A settlement between a coalition of federal and state agencies and banks over foreclosure practices will take longer to hammer out than many expect, Bank of America Corp Chief Executive Brian Moynihan said on Wednesday.

Massey, Alpha investors approve $7.1B deal (AP)

Posted: 01 Jun 2011 08:54 AM PDT

AP - Shareholders overwhelmingly approved coal producer Alpha Natural Resources' $7.1 billion takeover of struggling rival Massey Energy Co. on Wednesday, the companies said.

Assembly votes to extend film production tax break (AP)

Posted: 31 May 2011 05:29 PM PDT

AP - The state Assembly voted Tuesday to extend incentives for California's entertainment industry for five more years, approving up to $500 million in additional tax credits to help keep movie-making jobs in the state.

GM sales fall as deals and fleet sales decline (AP)

Posted: 01 Jun 2011 08:35 AM PDT

AP - General Motors' U.S. sales fell 1.2 percent in May as it offered fewer deals to customers and it cut sales to rental car companies.
Posted by Harshad at 9:07 AM

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