Friday, August 26, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Stocks rebound as investors digest Bernanke speech (Reuters)

Posted: 26 Aug 2011 09:21 AM PDT

The Dow Jones industrial average dropped 170.89 points, or 1.51 percent, to 11,149.82. REUTERS/GraphicReuters - Wall Street stocks rebounded on Friday as investors digested Federal Reserve Chairman Ben Bernanke's remarks about the economy and regained hope the door was still open for more monetary stimulus down the road.

Bernanke quiet on next Fed moves, stresses job crisis (Reuters)

Posted: 26 Aug 2011 08:20 AM PDT

Reuters - Federal Reserve Chairman Ben Bernanke on Friday stopped short of signaling further action to boost the U.S. recovery, but said it was critical for the economy's health to reduce unemployment.

Second-quarter growth cut on inventories, trade (Reuters)

Posted: 26 Aug 2011 08:05 AM PDT

Reuters - U.S. economic growth in the second quarter was slower than previously thought and consumer confidence sank in August, further reducing prospects of a strong pick-up in output in the second half of the year.

Consumer sentiment sinks in August on government despair (Reuters)

Posted: 26 Aug 2011 07:06 AM PDT

A customer shops along the cleaning product aisle at a Sam's Club store in Bentonville, Arkansas June 2, 2011. REUTERS/Sarah ConardReuters - U.S. consumer sentiment sank in August as consumers lost confidence in lawmakers' ability to stave off the threat of another recession, a survey released on Friday showed.

Biden says U.S. needs more stimulus, business mad at S&P (Reuters)

Posted: 26 Aug 2011 08:30 AM PDT

Reuters - Vice President Joe Biden said on Friday the U.S. economy needed more stimulus to get it moving, putting in a plug for government intervention shortly before the White House unveils new proposals to boost job growth.

Obesity to worsen, weigh heavily on healthcare costs (Reuters)

Posted: 25 Aug 2011 11:30 PM PDT

A passenger waits for a delayed flight at Heathrow airport's terminal four in London August 12, 2006. REUTERS/Toby Melville/FilesReuters - Obesity is most widespread in Britain and the United States among the world's leading economies and if present trends continue, about half of both men and women in the United States will be obese by 2030, health experts warned on Friday.

Summary Box: Tiffany sparkles in 2nd quarter (AP)

Posted: 26 Aug 2011 08:35 AM PDT

AP - THE PERFORMANCE: Luxury jewelry company Tiffany & Co. reported second-quarter adjusted earnings of 86 cents per share on revenue of $872.7 million. That beat Street estimates for earnings of 70 cents per share on revenue of $785.6 million.

Troubled Spain amends constitution to limit debt (AP)

Posted: 26 Aug 2011 07:47 AM PDT

Spain's Prime Minister Jose Luis Rodriguez Zapatero speaks during a extraordinary session at the Spanish Parliament in Madrid, Tuesday Aug. 23, 2011. Zapatero and the opposition leader agreed to work on amending the Constitution to limit the government deficit. Spain is among many countries which are far from complying with an EU-mandated deficit limit of 3 percent of GDP. (AP Photo/Daniel Ochoa de Olza)AP - Spain's main political powers agreed to amend the constitution Friday to make the government legally obliged to keep its deficit low, an effort to reassure financial markets that it will keep its troubled finances under control and not need a bailout.

BofA $8.5 billion settlement moves to federal court (Reuters)

Posted: 26 Aug 2011 09:40 AM PDT

Reuters - Investors who objected to Bank of America Corp's proposed $8.5 billion settlement of claims related to losses on mortgage-backed securities have moved the case to federal court from a New York state court.

Greece: No bond swaps without 90 pct participation (AP)

Posted: 26 Aug 2011 06:12 AM PDT

AP - Greece said Friday it might only go ahead with a bond swap plan that is a critical part of its second bailout if at least 90 percent of private creditors who hold government bonds participate.

Generators, batteries big sellers ahead of Irene (AP)

Posted: 26 Aug 2011 09:43 AM PDT

AP - It's the not-so-quiet before the storm.

Under fire, N.Y. AG wins plaudits in mortgage probe (Reuters)

Posted: 25 Aug 2011 11:05 AM PDT

Reuters - The New York attorney general's booting from a panel of state officials negotiating a settlement of mortgage abuses may shore up his political base and enforcement agenda.

ConocoPhillips finds new seeps in China oil spill (AP)

Posted: 26 Aug 2011 02:33 AM PDT

AP - ConocoPhillips said Friday it has discovered new oil seeps in an area of China's Bohai Bay where it faces a deadline to clean up spills from earlier this summer.

California governor eyes jobs with tax credits (Reuters)

Posted: 25 Aug 2011 01:14 PM PDT

Reuters - Aiming to spark job growth in California, Governor Jerry Brown unveiled on Thursday proposals for tax breaks for businesses, including tax relief for companies that buy new manufacturing equipment.

GM cutting truck production next month (AP)

Posted: 25 Aug 2011 03:40 PM PDT

AP - General Motors Co. is cutting its production of pickup trucks next month, a sign that truck sales aren't as robust as the company had hoped.
Posted by Harshad at 9:52 AM

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