Friday, June 3, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Stocks falls on weak payrolls data (Reuters)

Posted: 03 Jun 2011 07:42 AM PDT

The Nasdaq Composite stock market index is seen inside their studios at Times Square in New York April 1, 2011. REUTERS/Shannon StapletonReuters - U.S. stocks dropped on Friday after a dismal report on the labor market appeared to confirm the recent glut of data signaling the economic recovery was waning.

Employment growth slows sharply in May (Reuters)

Posted: 03 Jun 2011 09:05 AM PDT

Reuters - The U.S. economy may be in for a prolonged period of soft growth as employers hired the fewest number of workers in eight months in May and the unemployment rate rose to 9.1 percent.

Service sector growth picks up in May: ISM (Reuters)

Posted: 03 Jun 2011 07:51 AM PDT

Two men inspect laptop computers while shopping in a Best Buy store in New York April 13, 2011. REUTERS/Lucas JacksonReuters - The pace of growth in the services sector picked up modestly in May while gauges of new orders and employment climbed, according to an industry report released on Friday.

U.S. pushed Goldman to provide legal loss estimate (Reuters)

Posted: 03 Jun 2011 08:36 AM PDT

The Goldman Sachs building is seen at 200 West Street, New York June 2, 2011. REUTERS/Shannon StapletonReuters - Goldman Sachs Group Inc disclosed estimates of potential losses from legal issues after pressure from U.S. Securities and Exchange Commission staff, according to documents released on Friday.

Next tranche of Greek aid expected next month: lenders (Reuters)

Posted: 03 Jun 2011 09:16 AM PDT

Protesters stand in front of the Greek parliament during a rally against a new austerity package in Athens' Constitution (Syntagma) square June 1, 2011. REUTERS/Yannis BehrakisReuters - A next tranche of international aid for Greece should be available in early July following further talks in the next few weeks on the government's economic program, the EU, ECB and IMF said on Friday.

How the major stock indexes fared Thursday (AP)

Posted: 02 Jun 2011 02:52 PM PDT

AP - Weaker than expected sales reports from retailers and another large number of claims for unemployment benefits left stocks with a mixed finish on Thursday, a day after the Dow Jones industrial average took its biggest dive in nearly a year.

Obama heads to Ohio to defend record, reach voters (Reuters)

Posted: 03 Jun 2011 06:58 AM PDT

U.S. President Barack Obama speaks at the Pritzker Architecture Prize Event at the Andrew Mellon Auditorium at the White House in Washington, June 2, 2011. REUTERS/Jim YoungReuters - Under pressure on unemployment, President Barack Obama will remind voters that his 2009 auto bailout saved thousands of jobs in a visit on Friday to Ohio, a state vital to his re-election hopes.

Greece to get next batch of bailout funds (AP)

Posted: 03 Jun 2011 09:03 AM PDT

A woman looks towards the Finance Ministry building, on which protesters have hung a giant banner calling for a general strike, as Greece wraps up tough negotiations with international officials on new austerity measures, in Athens, Friday, June 3, 2011. About 100 protesters from the communist party-backed PAME union blockaded the entrance to the ministry from dawn Friday. (AP Photo/Dimitri Messinis)AP - Debt inspectors from the European Union, European Central Bank and International Monetary Fund say Greece is expected to receive the next installment from a euro110 billion bailout fund in July.

Despite mortgage crisis, home ownership remains cherished American dream (Exclusive to Yahoo! News)

Posted: 03 Jun 2011 08:58 AM PDT

Exclusive to Yahoo! News - by Charlie Cook National Journal Last week's confirmation that the gross domestic product grew only 1.8 percent in the first quarter came when economists were already busily revising their growth forecasts downward for the rest of this year. A double-dip …

Lagarde's IMF roadshow in India on Tuesday: source (AFP)

Posted: 03 Jun 2011 09:05 AM PDT

French Finance Minister Christine Lagarde, pictured in May 2011, is due to travel to India next Tuesday as part of her tour to solicit emerging nations' support for her bid to lead the IMF, an Indian government source said.(AFP/File/Evaristo Sa)AFP - French Finance Minister Christine Lagarde is due to travel to India next Tuesday as part of her tour to solicit emerging nations' support for her bid to lead the IMF, an Indian government source said.

Wal-Mart CEO Duke lays out growth plan (AP)

Posted: 03 Jun 2011 09:05 AM PDT

International associates attend the Wal-Mart shareholder meeting in Fayetteville, Ark., Friday, June 3, 2011. Wal-Mart Stores Inc. says it is launching a $15 billion share repurchase program.(AP Photo/Danny Johnston)AP - Wal-Mart President and CEO Mike Duke says the company's top priority is building U.S. sales, but he also laid out a five-point plan for selling to the "next-generation customer."

Mortgage rates for the past 52 weeks, at a glance (AP)

Posted: 02 Jun 2011 01:41 PM PDT

AP - Mortgage rates for the past 52 weeks, at a glance

Oil drops after weak jobs report (AP)

Posted: 03 Jun 2011 08:16 AM PDT

A plane drops water on a burning ammunition dump near the Russian city of Izhevsk June 3, 2011. Russian authorities battled a blaze raging through an arms depot on Friday that halted oil pipeline flows from the country's top crude producer and forced tens of thousands to be moved out of the area. REUTERS/Nikolai Glukhov (RUSSIA - Tags: DISASTER MILITARY)AP - Oil slipped below $100 per barrel Friday after the government said the U.S. unemployment rate in May rose to 9.1 percent from 9 percent in April.

The IRS Grills Taxpayers on Offshore Accounts (BusinessWeek)

Posted: 03 Jun 2011 05:08 AM PDT

BusinessWeek - In 2009, as U.S. prosecutors were bearing down on Swiss bank UBS to disclose the names of tax cheats, thousands of wealthy Americans decided it was best to avoid prosecution and come clean with the Internal Revenue Service. Under a limited amnesty program, they disclosed their secret offshore accounts and paid the taxes they owed, along with the reduced penalties that were part of the deal. They also agreed to turn over records and cooperate with the IRS.

Treasury to sell remaining Chrysler stake to Fiat (Reuters)

Posted: 03 Jun 2011 01:22 AM PDT

Reuters - The Treasury said on Thursday it reached an agreement to sell its remaining 6 percent equity stake in Chrysler to Italy's Fiat in a deal that will net Washington $560 million.

Forum Exclusive: Q&A With Bain Recruiter Mark Howorth (BusinessWeek)

Posted: 03 Jun 2011 05:08 AM PDT

BusinessWeek - Among MBA grads from top business schools, a job at the global business and strategy consulting firm Bain & Co. is one of the most coveted. If you've dreamed of working at Bain, then you don't want to miss your chance to get the ear (or at least the reading eye) of Mark Howorth, senior director of Bain's Global MBA Recruiting, who is based in Los Angeles. He will be fielding questions about MBA recruiting and hiring from readers on the Bloomberg Businessweek Business Schools Forum from June 3 to 17.
Posted by Harshad at 9:27 AM

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