Yahoo! News: Health News

---

• Wall Street extends slide as Fed stokes economic fears (Reuters)
• Recession fears hammer stocks, commodities (Reuters)
• HP close to naming Whitman CEO, firing Apotheker (Reuters)
• Jobless claims fall but recession still feared (Reuters)
• Warnings mount on euro crisis as G20 gathers (Reuters)
• SEC official recuses self from crowdfunding issues (Reuters)
• Mixed impact on consumers from Fed's 'Twist' (AP)
• Rite Aid 2Q loss narrows, 2012 forecast improves (AP)
• Spanish lawmakers pass wealth tax to cut deficit (AP)
• Questions and answers about the Fed's decision (AP)
• Public transport grinds to halt in Greek capital (AP)
• Outdoor retailer accused of racial discrimination (AP)
• Home sales jump 7.7 pct as foreclosures rise (AP)
• Oil falls sharply on global economic worries (AP)
• UAW labor talk focus shifts to Ford (Reuters)

Wall Street extends slide as Fed stokes economic fears (Reuters) Posted: 22 Sep 2011 09:22 AM PDT Reuters - Stocks skidded 3 percent on Thursday, extending losses for a fourth day as a gloomy outlook from the Federal Reserve and weak data from China heightened fears of a global recession.

Recession fears hammer stocks, commodities (Reuters) Posted: 22 Sep 2011 10:02 AM PDT Reuters - World stocks and commodities tumbled on Thursday as weak data from China crystallized investor fears of a global recession one day after a grim economic outlook from the U.S. Federal Reserve.

HP close to naming Whitman CEO, firing Apotheker (Reuters) Posted: 22 Sep 2011 09:49 AM PDT Reuters - Hewlett-Packard Co is on the verge of naming former eBay Chief Executive Meg Whitman its new CEO, replacing Leo Apotheker at the helm of the largest U.S. technology company, two sources told Reuters on Thursday.

Jobless claims fall but recession still feared (Reuters) Posted: 22 Sep 2011 08:57 AM PDT Reuters - Americans filed fewer new claims for jobless benefits last week but the decline was not enough to dispel worries the economy was dangerously close to falling into a new recession.

Warnings mount on euro crisis as G20 gathers (Reuters) Posted: 22 Sep 2011 07:53 AM PDT Reuters - Seven world leaders on Thursday demanded Europe act more decisively to quell its debt crisis as a European Central Bank study warned that the entire euro currency project was now in peril.

SEC official recuses self from crowdfunding issues (Reuters) Posted: 21 Sep 2011 05:19 AM PDT Reuters - A senior U.S. securities official is recusing herself from any discussions on a new capital-raising strategy known as "crowdfunding," just one week after testifying extensively on the topic.

Mixed impact on consumers from Fed's 'Twist' (AP) Posted: 22 Sep 2011 07:15 AM PDT AP - Operation Twist doesn't give consumers much to shout about.

Rite Aid 2Q loss narrows, 2012 forecast improves (AP) Posted: 22 Sep 2011 10:00 AM PDT AP - Rite Aid Corp. said Thursday its fiscal second-quarter loss narrowed as a customer rewards program improved sales and Hurricane Irene brought the drugstore operator more business at the end of the quarter.

Spanish lawmakers pass wealth tax to cut deficit (AP) Posted: 22 Sep 2011 07:10 AM PDT AP - Spain's Parliament restored a deficit-reducing wealth tax Thursday in its final session before dissolving to make way for an election that opposition conservatives are favored to win.

Questions and answers about the Fed's decision (AP) Posted: 21 Sep 2011 03:39 PM PDT AP - The Federal Reserve unveiled a two-pronged effort Wednesday to boost the economy. It said it will sell $400 billion in short-term Treasurys it owns and replace them with longer-term Treasurys. And it will reinvest principal payments from its mortgage-backed securities. Both steps are intended to cut long-term interest rates and increase growth.

Public transport grinds to halt in Greek capital (AP) Posted: 22 Sep 2011 05:14 AM PDT AP - Austerity-weary Greeks lashed out against more tax hikes and pension cuts with a new round of strikes Thursday, with public transport workers, taxi drivers, teachers and air traffic controllers walking off the job.

Outdoor retailer accused of racial discrimination (AP) Posted: 21 Sep 2011 03:15 PM PDT AP - Retail chain Bass Pro Outdoor World is accused in a federal lawsuit filed Wednesday of discriminating against qualified black and Hispanic job applicants since 2005 and retaliating against those employees who spoke up about the practice.

Home sales jump 7.7 pct as foreclosures rise (AP) Posted: 22 Sep 2011 02:23 AM PDT AP - The number of Americans who bought previously occupied homes rose in August. But the sales were driven by an increase in foreclosures, a sign that home prices could fall further next year and slow a housing recovery.

Oil falls sharply on global economic worries (AP) Posted: 22 Sep 2011 08:29 AM PDT AP - Oil prices tumbled 5 percent Thursday after some of the world's top financial officials gave a gloomy reading on the international economy.

UAW labor talk focus shifts to Ford (Reuters) Posted: 22 Sep 2011 06:02 AM PDT Reuters - The United Auto Workers union has shifted its focus to Ford Motor Co on Thursday in an attempt to reach a new labor contract with the only U.S. automaker that avoided bankruptcy.

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