Friday, June 24, 2011

Yahoo! News: Health News

Yahoo! News: Health News

S&P falls 1 percent; 200-day average eyed (Reuters)

Posted: 24 Jun 2011 08:01 AM PDT

Traders work on the floor of the New York Stock Exchange in New York June 22, 2011. REUTERS/Lucas JacksonReuters - The S&P fell about 1 percent on Friday, moving closer to a key technical level, as worries about the Italian banking sector added to the uncertainty over passage of a Greek austerity plan.

Data points to underlying factory strength (Reuters)

Posted: 24 Jun 2011 07:07 AM PDT

Reuters - New orders for U.S. manufactured goods and a gauge of business spending plans rose in May, easing fears of a sharp slowdown in factory activity.

Antitrust fixes loom as D.Boerse/NYSE vote nears (Reuters)

Posted: 24 Jun 2011 08:21 AM PDT

Shareholders arrive for the annual shareholders meeting of German Stock Exchange Deutsche Boerse in Frankfurt May 12, 2011. REUTERS/Alex DomanskiReuters - Complex antitrust questions hang over Deutsche Boerse AG and NYSE Euronext just weeks before shareholders must decide whether to endorse a blockbuster merger of the two exchange operators.

EU appoints Draghi to ECB, Bini Smaghi to leave (Reuters)

Posted: 24 Jun 2011 08:31 AM PDT

Bank of Italy Governor Mario Draghi attends the European Parliament economic and monetary affairs committee for hearing on proposed appointment as European Central Bank (ECB) president in Brussels June 14, 2011. REUTERS/Francois LenoirReuters - EU leaders appointed Italy's Mario Draghi as the next president of the European Central Bank on Friday and said another Italian would step down from the ECB's Executive Board early to smooth the process.

Banks discuss new Greek rollover plan (Reuters)

Posted: 24 Jun 2011 05:06 AM PDT

A protester raises a Greek flag during a rally against a new austerity package in front of the parliament in Athens June 21, 2011. REUTERS/Yiorgos KarahalisReuters - European banks and finance officials are discussing a proposal to replace existing Greek debt with a different type of bond to get around ratings agencies' reservations about a planned rollover, two senior European banking sources said on Friday.

Oil, world stocks tumble on signs of dismal economy (Reuters)

Posted: 23 Jun 2011 07:11 AM PDT

U.S. Marines based in Japan prepare to start reconstruction work at Sendai airport which was damaged by the March 11 earthquake and tsunami, in Miyagi Prefecture March 25, 2011. Sendai airport resumed international flight operations with a chartered jet flight to Malaga in Spain on June 23, 2011 since it was devastated by the earthquake and tsunami, local media reported. Picture taken March 25, 2011. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: DISASTER MILITARY TRANSPORT)Reuters - Oil prices plunged, global stocks tumbled and the euro shred more than 1.0 percent on Thursday after news of disappointing private sector activity in Europe and China, coupled with a rise in U.S. jobless claims, sent a chill through global financial markets.

High-level US delegation to visit Pacific islands (AFP)

Posted: 23 Jun 2011 04:31 PM PDT

A humpback whale dives near the island of Vava'u in Tonga in 2008. Senior US civilian and military officials will travel next week to the Pacific islands to discuss environmental, economic and other issues, the State Department said Thursday.(AFP/File/David Brooks)AFP - Senior US civilian and military officials will travel next week to the Pacific islands to discuss environmental, economic and other issues, the State Department said Thursday.

The Earnings Boom (The Motley Fool)

Posted: 24 Jun 2011 08:05 AM PDT

The Motley Fool - If the economy's limping along, you'd never know it by looking at earnings estimates.

Oil falls as euro zone woes, dollar pressure (Reuters)

Posted: 24 Jun 2011 09:03 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 - Brent crude futures fell sharply on Friday as Europe's debt problems helped the dollar index rebound, extending losses into a second day after consuming nations announced they were tapping strategic reserves.

Risk retention crucial to housing reform: Treasury (Reuters)

Posted: 23 Jun 2011 10:21 PM PDT

Reuters - Regulators want to ensure mortgage lenders retain some of the risk on loans they originate, as it is crucial to strengthen the housing finance system, a top Treasury official said on Friday.

EU leaders appoint Draghi as next ECB president (AP)

Posted: 24 Jun 2011 08:04 AM PDT

FILE -- In this file photo taken in Venice on Oct. 8, 2009, Bank of Italy Governor Mario Draghi looks on prior to a news conference. European Union leaders appointed Italy's Mario Draghi as the next president of the European Central Bank on Friday, June 24, 2011- a move that gives investors much-needed certainty over who will lead the institution in its pivotal role in the fight against the crippling debt crisis. (AP Photo/Luca Bruno)AP - European Union leaders appointed Italy's Mario Draghi as the next president of the European Central Bank on Friday — a move that gives investors much-needed certainty over who will lead the institution in its pivotal role in the fight against the crippling debt crisis.

Home Retail Group buys Habitat UK (AFP)

Posted: 24 Jun 2011 04:27 AM PDT

Two people walk past a Habitat furniture and design store at the Montparnasse tower in Paris, October 2009. Britain's Home Retail Group on Friday said it had bought the Habitat UK brand and three of its London furniture stores for £24.5 million from US private equity firm Hilco.(AFP/File/Jacques Demarthon)AFP - Britain's Home Retail Group on Friday said it had bought the Habitat UK brand and three of its London furniture stores for £24.5 million from US private equity firm Hilco.

U.S. wants ex-mortgage boss to get life in prison (Reuters)

Posted: 24 Jun 2011 08:55 AM PDT

This June, 2010 booking photo, obtained from the Marion County Sheriffs Department on April 20, 2011, shows Lee Farkas of Taylor, Bean & Whitaker Mortgage Corp at the time of his arrest. REUTERS/Courtesy of Marion County Sheriffs Department/HandoutReuters - U.S. prosecutors have urged a judge to send the former chairman of bankrupt Taylor, Bean & Whitaker Mortgage Corp to prison for the rest of his life for masterminding the $2.9 billion fraud scheme that took down the company.

Diesel price up by 3 rupee per litre, LPG to cost 50 rupees more (Reuters)

Posted: 24 Jun 2011 09:06 AM PDT

Workers fill diesel in plastic containers at a fuel station in Noida in Uttar Pradesh January 27, 2011. REUTERS/Parivartan Sharma/FilesReuters - The government raised diesel prices by 3 rupees per litre, or 7.8 percent, and abolished the crude import duty, Oil Minister S. Jaipal Reddy announced on Friday after a ministerial panel agreed to the changes.

Car-sharing services seen suffering under punitive taxes (Reuters)

Posted: 24 Jun 2011 08:32 AM PDT

The Zipcar.com logo is seen on a Mini Cooper car during a promotional event in New York's Times Square April 14, 2011. REUTERS/Mike SegarReuters - Car-sharing services, which allow city residents to use a car for a few hours in order to run errands or visit friends in the suburbs, have soared in popularity in recent years due to high gas prices.

JD Power sees June auto sales up 2.6 percent from May (Reuters)

Posted: 24 Jun 2011 07:17 AM PDT

Reuters - J.D. Power and Associates forecast that June U.S. auto sales will rise 8 percent from a year ago and 2.6 percent from last month, in line with statements earlier this week from General Motors Co and Ford Motor Co executives.

Small Companies: The MBA Road Not Taken (BusinessWeek)

Posted: 24 Jun 2011 05:08 AM PDT

BusinessWeek - For many students and their schools, an MBA stands for Master of Business Administration during the program and then for McKinsey, Bain, and Accenture once the job search begins. So much is made of return on investment when the subject of MBAs is raised that it seems to be an undisputed truth that these programs naturally lead to positions with large, public companies.
Posted by Harshad at 9:15 AM

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