Yahoo! News: Health News

---

• ECB's Trichet presses Italy on budget targets (Reuters)
• Ford aims for more vehicle market segments in China (Reuters)
• Regulator sues major banks over subprime bonds (Reuters)
• Job growth stalls, fuels recession fears (Reuters)
• Worldwide factories falter as orders fade (Reuters)
• Gold jumps as US jobs report jolts investors (AP)
• Experts: Europe needs more perfect union (AP)
• Feds sue big banks over sales of risky investments (AP)
• ECB gives Italy stiff warning (AP)
• Oil down nearly 3 percent despite storm (AP)
• Government giving tax relief, loans after Irene (AP)

ECB's Trichet presses Italy on budget targets (Reuters) Posted: 03 Sep 2011 06:03 AM PDT Reuters - ECB President Jean-Claude Trichet stepped up warnings over Italy's strained public finances on Saturday, telling the struggling center-right government it must act quickly to reassure nervous markets.

Ford aims for more vehicle market segments in China (Reuters) Posted: 03 Sep 2011 03:20 AM PDT Reuters - Ford Motor plans to more than double its offers across vehicle segments in China, the world's top market, as it speeds up the launch of new models, a senior executive said on Saturday.

Regulator sues major banks over subprime bonds (Reuters) Posted: 03 Sep 2011 02:41 AM PDT Reuters - A regulator sued 17 large banks and financial institutions on Friday over losses on about $200 billion of subprime bonds, which may hamper a broader government settlement of the mortgage mess left over from the housing crisis.

Job growth stalls, fuels recession fears (Reuters) Posted: 03 Sep 2011 02:37 AM PDT Reuters - Employment growth ground to a halt in August, reviving recession fears and piling pressure on both President Barack Obama and the Federal Reserve to provide more stimulus to aid the frail economy.

Worldwide factories falter as orders fade (Reuters) Posted: 01 Sep 2011 05:22 AM PDT Reuters - Factory activity worldwide stalled last month as new orders tumbled, heightening fears that the global economy may be heading for another recession and driving stock markets lower.

Gold jumps as US jobs report jolts investors (AP) Posted: 02 Sep 2011 01:35 PM PDT AP - Gold approached another record high Friday as a bleak jobs report added to fears that the U.S. economy is weakening.

Experts: Europe needs more perfect union (AP) Posted: 03 Sep 2011 08:44 AM PDT AP - Finance officials and experts gathered in Italy mostly agreed Saturday that Europe needs deeper political union to preserve the troubled euro — even though persistent national identities made the prospect politically unlikely in the near future.

Feds sue big banks over sales of risky investments (AP) Posted: 02 Sep 2011 05:00 PM PDT AP - The government on Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed.

ECB gives Italy stiff warning (AP) Posted: 03 Sep 2011 07:47 AM PDT AP - Italy's government, waffling for weeks on an emergency austerity plan, received a stern warning Saturday from the European central bank chief to promptly implement the deficit-fighting measures and to stay on target.

Oil down nearly 3 percent despite storm (AP) Posted: 02 Sep 2011 02:28 PM PDT AP - Oil prices fell Friday along with the prospects for global economic growth as the government reported the economy added no jobs last month.

Government giving tax relief, loans after Irene (AP) Posted: 02 Sep 2011 10:28 AM PDT AP - Hurricane Irene hit many small businesses as it moved up the East Coast last weekend. Owners typically look to the federal government for help after a disaster.

You are subscribed to email updates from Yahoo! News: Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610