Saturday, June 4, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Market stalls but no panic signs yet (Reuters)

Posted: 04 Jun 2011 08:18 AM PDT

Traders work on the floor of the New York Stock Exchange, June 1, 2011. REUTERS/Brendan McDermidReuters - More bad days may be in store for stocks in coming weeks, but investors aren't pressing the panic button. Not yet.

Toyota president sees return to full output from November (Reuters)

Posted: 04 Jun 2011 01:04 AM PDT

Reuters - The president of Toyota Motors (7203.T) said on Saturday he expects the automaker to resume full production globally in November and its Japanese output is expected this month to recover to 90 percent of levels seen before a March earthquake.

Germany has plan for Greece private creditors: report (Reuters)

Posted: 04 Jun 2011 06:24 AM PDT

Reuters - The German Finance Ministry has come up with a model for a new aid package for Greece that would include the voluntary participation of private creditors, Welt am Sonntag newspaper reported on Saturday.

Boeing to cut 510 jobs as Shuttle program winds down (Reuters)

Posted: 03 Jun 2011 07:39 PM PDT

A model of Boeing 747 passenger plane is displayed at the Asian Aerospace Expo in Hong Kong September 8, 2009. REUTERS/Bobby YipReuters - Boeing Co will lay off about 510 employees in its Space Exploration division as the United States' space shuttle program draws to a close.

Stocks tank after soft US jobs data (AP)

Posted: 03 Jun 2011 06:02 AM PDT

Specialists crowd a post on the floor of the New York Stock Exchange Wednesday, June 1, 2011. Fears that the economy is stalling sent the Dow Jones industrial average down 280 points, erasing more than a quarter of the stock market's gains for the year. (AP Photo/Richard Drew)AP - Stocks slid Friday after figures showed the U.S. generated far fewer jobs than anticipated in May — another sign that recovery in the world's largest economy is slowing down.

Summary Box: Hiring drops, unemployment rises (AP)

Posted: 03 Jun 2011 02:06 PM PDT

AP - HIRING FALLS: Employers added 54,000 net new jobs in May, the fewest in eight months, and the unemployment rate rose to 9.1 percent. The bleak jobs report suggests the economy will remain weak for months. Employers added an average of 220,000 per month in the previous three months.

The Last Housing Mistake You'll Ever Make (The Motley Fool)

Posted: 03 Jun 2011 09:52 AM PDT

The Motley Fool - With the housing market seeing signs of a double dip in prices, homeowners who got in over their heads have looked to save money by any means necessary. Now, thanks to extremely low interest rates, adjustable-rate mortgages are luring borrowers away from locking in rates with longer-term fixed mortgages. Although you can score from savings in the short run, choosing an ARM over a fixed-rate mortgage could prove to be a big mistake in the long run.

IMF frees up $225 mn for Iceland (AFP)

Posted: 03 Jun 2011 01:56 PM PDT

A woman enters a branch of Iceland's Landsbanki, mother company of failed bank Icesave, in Rejkjavik, 2010. The International Monetary Fund said Friday it had okayed a sixth tranche of $225 million in financing for Iceland, citing Reykjavik's AFP - The International Monetary Fund said Friday it had okayed a sixth tranche of $225 million in financing for Iceland, citing Reykjavik's "impressive progress" in post-crisis restructuring.

18 activists arrested on Greenland oil rig (AP)

Posted: 04 Jun 2011 09:13 AM PDT

This undated photo made available by environmental organization Greenpeace Saturday June 4, 2011 shows activists climbing ladders to reach the platform of the 53,000 tonne oil rig, the Leiv Eiriksson in the Arctic waters off Greenland. Eighteen Greenpeace activists have climbed a 53,000-ton oil rig in the Arctic waters off Greenland to protest deepwater drilling by a Scottish oil company, the environmental group said Saturday. The activists claim that Cairn Energy, which runs the Leiv Eiriksson rig, is not taking enough precautions to avoid accidents like the Gulf of Mexico blowout in 2010, and demand the group release a plan for how to manage a potential oil spill. (AP Photo/Jiri Rezac/Greenpeace, HO) EDITORIAL USE ONLY, NO SALES, NO USE AFTER 14 DAYS OF TRANSMISSIONAP - Police on Saturday arrested 18 Greenpeace activists who climbed aboard an oil rig off Greenland's coast to protest deepwater drilling in the Arctic.

GOP's Pawlenty to outline economic plan on Tuesday (AP)

Posted: 03 Jun 2011 01:08 PM PDT

AP - Republican presidential candidate Tim Pawlenty is planning next week to detail how he would balance the federal budget and reshape the nation's tax code.

US icon Chrysler under control of Italy's Fiat (AFP)

Posted: 03 Jun 2011 05:51 PM PDT

Iconic American carmaker Chrysler has officially come under the Italian flag with Fiat announcing it had obtained a majority share after buying out the US government's stake.(AFP/File/Gabriel Bouys)AFP - Iconic American carmaker Chrysler has officially come under the Italian flag with Fiat announcing it had obtained a majority share after buying out the US government's stake.
Posted by Harshad at 9:18 AM

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