Saturday, October 1, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Europe, China woes fuel earnings worries (Reuters)

Posted: 30 Sep 2011 03:25 PM PDT

An U.S. flag hangs outside the New York Stock Exchange August 5, 2011. REUTERS/Lucas JacksonReuters - Investors are worried U.S. earnings growth may finally fall back to earth as turmoil in Europe and signs of a less robust Chinese economy hurt foreign support.

State job cuts on table at Greek loan talks (Reuters)

Posted: 01 Oct 2011 09:23 AM PDT

Reuters - Greek officials held talks on Saturday with EU and IMF negotiators to free up urgently needed bailout loans, but the government and the lenders were reported to be at odds over how to meet a promise to lay off state workers.

Alibaba's Ma: "very interested" in buying Yahoo (Reuters)

Posted: 30 Sep 2011 08:19 PM PDT

Reuters - Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options.

China paper urges Europe get act together on debt crisis (Reuters)

Posted: 30 Sep 2011 08:59 PM PDT

Reuters - European countries must act decisively to resolve the euro zone debt crisis or risk having some member states forced out of the single currency, China's top newspaper said in a front page commentary on Saturday.

Kodak denies bankruptcy plan but shares plummet (Reuters)

Posted: 30 Sep 2011 04:36 PM PDT

Reuters - (Reuters) Eastman Kodak Co shares lost more than half their value on Friday as the company hired a law firm well-known for bankruptcy cases, triggering speculation that the photography pioneer could file for bankruptcy.

Europe shares set to mark worst quarter since 2008 (Reuters)

Posted: 30 Sep 2011 04:38 AM PDT

A man walks past a stock quotation board outside a brokerage in Tokyo September 26, 2011. REUTERS/Toru HanaiReuters - World stocks fell on Friday with European shares on track to mark their biggest quarterly loss since the collapse of Lehman Bros three years ago as European economic readings compounded pessimism over global growth.

Three steps to avoid a global depression: Soros (Reuters)

Posted: 30 Sep 2011 06:24 AM PDT

Reuters - Policymakers have lost control of the economic crisis and financial markets are forcing the world into a depression, George Soros said on Friday, urging Europe to create a common Treasury, recapitalize its banks and protect vulnerable states.

Earnings schedule for week of 10/03/11 (AP)

Posted: 30 Sep 2011 02:02 PM PDT

AP - Major companies tentatively scheduled to report quarterly earnings next week:

Judge dismisses part of fraud case against Citi (Reuters)

Posted: 30 Sep 2011 04:29 PM PDT

Reuters - A U.S. federal judge dismissed part of a case brought by European bond investors accusing Citigroup Inc and its directors of misrepresenting or failing to disclose Citi's exposure to toxic mortgage assets and its own solvency.

Oil back at price last seen a year ago (AP)

Posted: 30 Sep 2011 01:29 PM PDT

Nebraska state Sen. Annette Dubas, center, and others follow testimony at a public hearing on the proposed Keystone XL pipeline, in Atkinson, Neb., Thursday, Sept. 29, 2011. Supporters and opponents of a proposed Canadian oil pipeline flooded into the north-central Nebraska town of Atkinson on Thursday, hoping to sway the U.S. State Department before it decides whether to allow the $7 billion project to proceed. (AP Photo/Nati Harnik)AP - Oil prices are back to where they were a year ago.

Dozens arrested at Bank of America offices (AP)

Posted: 01 Oct 2011 02:10 AM PDT

AP - Police have arrested two dozen protesters for trespassing during a demonstration against Bank of America's foreclosure practices at the banking giant's offices in downtown Boston.

Gov't backs 4 more solar loans as deadline looms (AP)

Posted: 30 Sep 2011 06:29 PM PDT

This artist rendering released by SolarReserve LLC shows what will be the Crescent Dunes Solar Energy Project, a solar generating facility, that is being constructed northwest of Tonopah, Nev., in Nye County. Energy Secretary Steven Chu said Wednesday, Sept. 28, 2011, the department has completed a $737 million loan guarantee to Tonopah Solar Energy, for a 110 megawatt solar tower on federal land near Tonopah. SolarReserve LLC, of Santa Monica, Calif., is the parent company for Tonopah Solar Energy. (AP Photo/SolarReserve)AP - The Energy Department on Friday approved four more solar energy loan guarantees worth nearly $5 billion, hours before a controversial loan program was set to expire.

Herman Cain's '9 9 9' Plan: Some Practical, Political Objections (ContributorNetwork)

Posted: 30 Sep 2011 03:46 PM PDT

ContributorNetwork - COMMENTARY | Part of the appeal of Herman Cain's campaign for president is the elegant simplicity of his "9 9 9" proposal, which would replace the current tax code with a 9 percent tax on personal income, a 9 percent tax on corporate income and a 9 percent sales tax.

Ford CEO pressed to explain anti-bailout ad (Reuters)

Posted: 30 Sep 2011 01:48 PM PDT

Reuters - The Republican chairman of a congressional oversight panel has asked Ford Motor Co to explain why it pulled a TV commercial critical of the Obama administration's auto bailout.
Posted by Harshad at 9:38 AM

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