Friday, July 1, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Dow and Nasdaq jump 1 percent (Reuters)

Posted: 01 Jul 2011 08:44 AM PDT

Traders work on the floor of the New York Stock Exchange June 29, 2011. REUTERS/Brendan McDermidReuters - Stocks were poised for their best week in year on Friday, with Dow and the Nasdaq up more than 1 percent, after data showed the manufacturing sector grew faster than expected in June.

Strauss-Kahn released without bail (Reuters)

Posted: 01 Jul 2011 08:53 AM PDT

Former IMF chief Dominique Strauss-Kahn (C) and his wife Anne Sinclair arrive for a hearing at the New York State Supreme Courthouse in New York July 1, 2011. REUTERS/Lucas JacksonReuters - Former IMF chief Dominique Strauss-Kahn was released without bail at a New York court hearing for his sexual assault case on Friday.

Manufacturing rises but consumers remain wary (Reuters)

Posted: 01 Jul 2011 08:18 AM PDT

Reuters - The pace of growth in manufacturing picked up for the first time in four months in June, fueling optimism the recent economic slowdown will be temporary.

Geithner mulls departing Treasury post: sources (Reuters)

Posted: 30 Jun 2011 06:11 PM PDT

Reuters - Treasury Secretary Timothy Geithner is considering stepping down later this year, but will not make a decision until contentious negotiations over the U.S. debt ceiling are completed, people familiar with his thinking said on Thursday.

GM's U.S. June sales below forecasts (Reuters)

Posted: 01 Jul 2011 08:50 AM PDT

Reuters - General Motors Co on Friday reported a weaker-than-expected gain in June U.S. sales and tempered its full-year forecast for the industry as some consumers were still holding back on buying cars.

Toyota aiming for parent-only operating profit: Nikkei (Reuters)

Posted: 30 Jun 2011 01:57 PM PDT

Visitors are reflected on a Toyota vehicle at the company's showroom in Tokyo June 17, 2011. REUTERS/Toru HanaiReuters - Toyota Motor Corp (7203.T) will continue to slash costs in a bid to swing back to an operating profit on a parent-only basis, The Nikkei business daily reported.

Makers of corporate jets stung by Obama tax plan (AP)

Posted: 30 Jun 2011 06:04 PM PDT

AP - The industry behind corporate jets was scrambling Thursday to fend off President Barack Obama's proposal to eliminate a tax break that encourages businesses to purchase the planes, saying it will hurt the economy and cost jobs.

Euro zone finmins to hold call on Greece Saturday (Reuters)

Posted: 01 Jul 2011 08:14 AM PDT

Reuters - Eurogroup President Jean-Claude Juncker moved forward a meeting of euro zone finance ministers scheduled for Sunday in Brussels and changed it to a conference call on Saturday, his spokesman said on Friday.

Mortgage exec gets 30 years for $3 billion fraud (AP)

Posted: 30 Jun 2011 06:38 PM PDT

AP - An executive convicted of orchestrating a nearly $3 billion fraud as chairman of one of America's largest private mortgage companies was sentenced Thursday to 30 years in prison by a judge who accused him of lacking remorse.

Strauss-Kahn freed from house arrest (AFP)

Posted: 01 Jul 2011 08:50 AM PDT

Former IMF head Dominique Strauss-Kahn, pictured with his wife Anne Sinclair, was released on his own recognizance on sexual assault charges.(AFP/Getty Images/Mario Tama)AFP - A US judge released Dominique Strauss-Kahn on his "own recognizance" Friday, but prosecutors who consented to the easing of bail restrictions did not agree to dismiss the sexual assault case against the former IMF chief.

Auto retail sales slowed in late June: J.D. Power (Reuters)

Posted: 30 Jun 2011 09:45 AM PDT

Reuters - New-car retail sales in the U.S. market cooled in the third week of June from the stronger pace of the first two weeks, a top industry consulting firm said on Thursday.

Will Second Half Of Year Help Out Lagging Home Sales? (Investor's Business Daily)

Posted: 30 Jun 2011 01:58 PM PDT

Investor's Business Daily - The days are longer, the weather's turned warm. But in what should be peak homebuying season, many sellers only hear crickets chirping.

Gas is 24 cents/gallon cheaper since Memorial Day (AP)

Posted: 01 Jul 2011 08:37 AM PDT

A car is drives past a poster of Venezuela's president Hugo Chavez in Havana July 1, 2011. Venezuela's flamboyant socialist leader Hugo Chavez said on Thursday he had surgery to remove a cancerous tumor, presenting a serious challenge to his near-total dominance of the South American OPEC nation since 1999. The banner reads AP - Call it an Independence Day discount.

Obama picks fight on taxes, big or just symbolic (AP)

Posted: 01 Jul 2011 05:08 AM PDT

Having insisted there is too much to do for lawmakers to spend a week away from the Capitol, Senate Majority Leader Harry Reid of Nev., center, walks with Senate Majority Whip Richard Durbin of Ill., left, and Sen. Charles Schumer, D-N.Y., after a news conference on Capitol Hill in Washington, Thursday, June 30, 2011. (AP Photo/J. Scott Applewhite)AP - President Barack Obama is renewing an old fight with the business community by insisting that $400 billion in tax increases be part of a deficit-reduction package. His proposals have languished on Capitol Hill, repeatedly blocked by Republicans, often with help from Democrats.

GM's US sales up 10% in June (AFP)

Posted: 01 Jul 2011 08:31 AM PDT

The second annual meeting of shareholders of General Motors Company June 7 in Detroit, Michigan. General Motors posted a 10 percent increase in June US sales amid strong demand for its more fuel-efficient vehicles.(AFP/Getty Images/File/Bill Pugliano)AFP - General Motors posted a 10 percent increase in June US sales Friday amid strong demand for its more fuel-efficient vehicles.
Posted by Harshad at 9:08 AM

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