Yahoo! News: Health News

---

• Global slowdown worries send Wall Street lower (Reuters)
• SEC finds failures at credit-rating agencies (Reuters)
• JPMorgan, BofA sued over mortgage debt losses (Reuters)
• Weak income curbs spending but factories roar (Reuters)
• Bullard: Fed will act if economy weakens further (Reuters)
• Special Report: "Rats" and "black mouths" gnaw at China stocks (Reuters)
• Global wine auctions, investments to slow in 2012 (Reuters)
• French, Greek leaders to meet on debt crisis (AP)
• Austria approves expanding eurozone rescue fund (AP)
• Pending home sales fall 1.2 percent in August: NAR (Reuters)
• Sailor abducted off ship supplying Nigeria oil rig (AP)
• Gingrich calls for changes in taxes, health care (AP)
• Bubble cars to provide jolt to Paris motoring (Reuters)

Global slowdown worries send Wall Street lower (Reuters) Posted: 30 Sep 2011 08:58 AM PDT Reuters - Stocks fell on Friday, putting equities on track for their worst quarter since 2008, as economic data from China and Europe fueled fears of a global economic slowdown.

SEC finds failures at credit-rating agencies (Reuters) Posted: 30 Sep 2011 08:10 AM PDT Reuters - The U.S. Securities and Exchange Commission staff found "apparent failures" at each of the 10 credit rating agencies it examined, including Standard & Poor's and Moody's, the agency said on Friday in its first annual report of credit raters.

JPMorgan, BofA sued over mortgage debt losses (Reuters) Posted: 30 Sep 2011 07:20 AM PDT Reuters - JPMorgan Chase & Co and Bank of America Corp were hit with new lawsuits by investors seeking to recover losses on $4.5 billion of soured mortgage debt, expanding the litigation targeting the two largest U.S. banks.

Weak income curbs spending but factories roar (Reuters) Posted: 30 Sep 2011 08:23 AM PDT Reuters - Consumers struggled to make ends meet in August as incomes fell for the first time in nearly two years, while a surge in Midwest manufacturing this month provided one bright spot in an otherwise weak economy.

Bullard: Fed will act if economy weakens further (Reuters) Posted: 30 Sep 2011 08:12 AM PDT Reuters - The Federal Reserve will act if the economy weakens further and has the tools to do so, a top Fed official said on Friday.

Special Report: "Rats" and "black mouths" gnaw at China stocks (Reuters) Posted: 29 Sep 2011 06:35 AM PDT Reuters - Even before China's great stock market bull run of 2006-2007, Wang Jianzhong had become known as China's "god of stocks" for his prescient picks.

Global wine auctions, investments to slow in 2012 (Reuters) Posted: 29 Sep 2011 10:36 PM PDT Reuters - Global wine auctions and investments will slow next year as the euro zone crisis and slowdown in the U.S. economy take their toll on the wine industry, but Asia may prove slightly more resilient, said Pancho Campo, a Spanish wine expert.

French, Greek leaders to meet on debt crisis (AP) Posted: 30 Sep 2011 07:27 AM PDT AP - France's president will discuss Europe's tortured attempts to prop up debt-choked Greece when he meets the country's Prime Minister George Papandreou at the Elysee Palace later Friday.

Austria approves expanding eurozone rescue fund (AP) Posted: 30 Sep 2011 07:23 AM PDT AP - Austrian lawmakers have voted to expand the powers of the eurozone's bailout fund, which is designed to help Greece and other potentially struggling countries deal with their debts.

Pending home sales fall 1.2 percent in August: NAR (Reuters) Posted: 29 Sep 2011 08:18 AM PDT Reuters - Pending sales of existing U.S. homes fell less than expected in August despite rock-bottom mortgage rates, underscoring the difficulties policymakers face in helping the struggling housing sector.

Sailor abducted off ship supplying Nigeria oil rig (AP) Posted: 30 Sep 2011 09:02 AM PDT AP - Gunmen attacked a ship Friday supplying an Exxon Mobil Corp. offshore oil rig near the coast of Nigeria, kidnapping a sailor and leaving another wounded, an official said.

Gingrich calls for changes in taxes, health care (AP) Posted: 29 Sep 2011 06:30 PM PDT AP - Hoping to revive his flagging bid for the Republican presidential nomination, former House Speaker Newt Gingrich is calling for an overhaul of the way Americans pay taxes, buy health care and contribute to the Social Security system.

Bubble cars to provide jolt to Paris motoring (Reuters) Posted: 30 Sep 2011 04:00 AM PDT Reuters - Bubble-shaped vehicles will appear on Paris streets next week which billionaire entrepreneur Vincent Bollore hopes will help clear the traffic-clogged arteries of the French capital as well as providing a charge to his nascent battery business.

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