Yahoo! News: Health News

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• Wall Street rises on data, House debt vote on tap (Reuters)
• Jobless claims 3-month low, pending home sales up (Reuters)
• Analysis: Mortgage tax break eyed to help cut debt (Reuters)
• James Murdoch to stay on as BSkyB chairman: sources (Reuters)
• Bank trading slump to spark more job losses (Reuters)
• How the major stock indexes fared Wednesday (AP)
• Japan's tech firms face weak TV demand, keep forecasts (Reuters)
• D.R. Horton's profit falls in fiscal 3rd quarter (AP)
• Italy borrowing costs soar in volatile euro markets (Reuters)
• Fixed mortgage rates mostly unchanged last week (AP)
• Greek FM: Athens bond swap talks 'encouraging' (AP)
• Japan retail sales post first rise since quake (AFP)
• Contracts to buy homes rose in June for 2nd month (AP)
• Shell profits soar on high oil prices (AFP)
• IRS says airlines can issue ticket-tax refunds (AP)
• AP Sources: Parts problem hurts Ford Focus sales (AP)

Wall Street rises on data, House debt vote on tap (Reuters) Posted: 28 Jul 2011 09:21 AM PDT Reuters - Wall Street advanced on Thursday, boosted by an unexpected rise in pending U.S. home sales and a dip in jobless claims, but trading was volatile as investors awaited a key vote in Congress on a plan to prevent a U.S. default.

Jobless claims 3-month low, pending home sales up (Reuters) Posted: 28 Jul 2011 08:02 AM PDT Reuters - The number of Americans claiming new jobless benefits hit a three-month low last week and contracts to buy existing homes rose in June, hopeful signs for the economy which has struggled to regain momentum.

Analysis: Mortgage tax break eyed to help cut debt (Reuters) Posted: 28 Jul 2011 08:41 AM PDT Reuters - Lawmakers are eyeing a popular tax deduction for mortgage interest as they look for ways to fill record budget deficits, although any changes are likely to await a broad reworking of the tax code.

James Murdoch to stay on as BSkyB chairman: sources (Reuters) Posted: 28 Jul 2011 09:23 AM PDT Reuters - James Murdoch is to stay on as chairman of BSkyB after the British satellite broadcaster's board voted unanimously in his favor, two sources with knowledge of the situation told Reuters on Thursday.

Bank trading slump to spark more job losses (Reuters) Posted: 28 Jul 2011 07:19 AM PDT Reuters - Tens of thousands of European bankers are losing their jobs in a deep trading slump that has been compounded by regulatory curbs on excessive risk -- and many more will be out of work before Christmas.

How the major stock indexes fared Wednesday (AP) Posted: 27 Jul 2011 02:47 PM PDT AP - Stocks plunged Wednesday as the U.S. edged closer to defaulting on its debt and the economy showed more signs of deteriorating. Major indexes gave up all of their gains for the month.

Japan's tech firms face weak TV demand, keep forecasts (Reuters) Posted: 28 Jul 2011 04:47 AM PDT Reuters - Japan's top consumer electronic firms recovered faster than expected from the March earthquake, keeping their full-year profit forecasts despite a weakening TV market and worries about the outlook for the global economy.

D.R. Horton's profit falls in fiscal 3rd quarter (AP) Posted: 28 Jul 2011 10:06 AM PDT AP - D.R. Horton Inc. says its profit fell 43 percent from a year ago in its fiscal third quarter as the homebuilder closed on fewer homes and new home orders declined.

Italy borrowing costs soar in volatile euro markets (Reuters) Posted: 28 Jul 2011 10:01 AM PDT Reuters - Italy's borrowing costs soared at a closely-watched bond auction on Thursday as investors worried by the euro zone debt crisis and an impasse over the U.S. debt ceiling exacted a high risk premium.

Fixed mortgage rates mostly unchanged last week (AP) Posted: 28 Jul 2011 07:46 AM PDT AP - Fixed mortgage rates were mostly unchanged this week as credit markets showed little reaction to Washington's impasse over raising the federal government's borrowing limit.

Greek FM: Athens bond swap talks 'encouraging' (AP) Posted: 28 Jul 2011 09:20 AM PDT AP - Greek officials launched talks with international bankers Thursday on the details of a complex plan to restructure the loan-dependent country's privately held debt under a new bailout deal.

Japan retail sales post first rise since quake (AFP) Posted: 27 Jul 2011 07:32 PM PDT AFP - Japan's retail sales rose in June, marking the first gain since a devastating March earthquake and tsunami in a further signal of recovery in the world's third-biggest economy, data showed Thursday.

Contracts to buy homes rose in June for 2nd month (AP) Posted: 28 Jul 2011 07:32 AM PDT AP - The number of people who signed contracts to buy homes rose for a second month in June. But the gain was not enough to signal a rebound in the weak housing market.

Shell profits soar on high oil prices (AFP) Posted: 28 Jul 2011 10:03 AM PDT AFP - Oil major Royal Dutch Shell said Thursday that net profits almost doubled to $8.6 billion (6.0 billion euros) in the second quarter, when the energy sector was boosted by surging crude oil prices.

IRS says airlines can issue ticket-tax refunds (AP) Posted: 27 Jul 2011 04:54 PM PDT AP - The IRS is asking airlines to refund taxes to people who bought tickets before last weekend but are just now taking their trips.

AP Sources: Parts problem hurts Ford Focus sales (AP) Posted: 28 Jul 2011 09:56 AM PDT AP - Two people familiar with the matter say Ford Motor Co. can't build as many hot-selling Focus cars as it wants because of equipment problems at a parts factory.

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