Thursday, November 3, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall St rises on doubt over Greek vote, ECB move (Reuters)

Posted: 03 Nov 2011 08:01 AM PDT

John Hector, 25, from Brooklyn, N.Y., wraps himself in a blanket against cold temperatures at the Occupy Wall Street protest at Zuccotti Park on Thursday, Nov. 3, 2011in New York. 'My concern is the economic situation and particularly   police brutality and stop-and-frisk policies in Black and Latino communities,' said Hector. The protests, which started on Sept. 17 with a few dozen demonstrators who tried to pitch tents in front of the New York Stock Exchange, has grown into a nationwide and international movement. (AP Photo/Bebeto Matthews)Reuters - U.S. stocks rose in choppy trading on Thursday as a Greek vote over a euro-zone bailout was put into question, with sentiment also lifted after the European Central Bank unexpectedly cut interest rates.


Greek PM on brink, world tells Europe to fix crisis (Reuters)

Posted: 03 Nov 2011 08:27 AM PDT

Reuters - Greece's teetering government backed away from a proposed referendum on staying in the euro on Thursday, while European leaders talked for the first time of a possible Greek exit to preserve the single currency.

Service sector growth slows, factory orders up (Reuters)

Posted: 03 Nov 2011 07:28 AM PDT

Waitress Renita Rhynes (L), 53, and Jinny Hanson, 64, a former postal worker, attend a basic computer class at the Foundation for an Independent Tomorrow (FIT) workforce development center in Las Vegas, October 20, 2011. REUTERS/Steve MarcusReuters - U.S. service sector activity growth eased in October to its slowest level in three months, but new orders for good from factories unexpectedly rose, suggesting economic growth remains patchy.


SEC conducting broad review of MF Global (Reuters)

Posted: 03 Nov 2011 08:40 AM PDT

Reuters - The U.S. Securities and Exchange Commission is conducting a broad review into the collapse of the futures brokerage MF Global Holdings Ltd, SEC Chairman Mary Schapiro said on Thursday.

ECB surprises with rate cut, cautious on bond buys (Reuters)

Posted: 03 Nov 2011 09:10 AM PDT

Incoming European Central Bank (ECB) President Mario Draghi speaks at the Reuters - The European Central Bank cut interest rates by a quarter point to 1.25 percent in a surprise move on Thursday and President Mario Draghi said the euro zone could subside into a "mild recession" in the latter part of 2011.


Stocks rise as investors weigh Europe, job numbers (AP)

Posted: 03 Nov 2011 09:09 AM PDT

Specialist Frank Masiello, left, and trader Richard Newman work on the floor of the New York Stock Exchange Thursday, Nov. 3, 2011. Stocks rose in early trading Thursday as hopes grow that a plan to tackle the European debt crisis will survive. (AP Photo/Richard Drew)AP - Signs of growth in the U.S. economy combined with an unexpected interest rate cut in Europe to send the Dow Jones industrial average up more than 100 points for the second day in a row.


Estee Lauder 1Q net income jumps on strong sales (AP)

Posted: 03 Nov 2011 06:07 AM PDT

In this Nov. 2, 2011 photo, Estee Lauder products are displayed at a department store in S. Portland, Maine. Estee Lauder Cos. fiscal first quarter net income jumped 46 percent, helped by strong sales globally, particularly in emerging markets. (AP Photo/Pat Wellenbach)AP - Cosmetics seller Estee Lauder Cos. said Thursday that its fiscal first quarter net income jumped 46 percent on strong global sales, as consumers continue to buy little luxuries like lipstick despite the weak economy.


Kodak posts wider loss, warns on prospects (AP)

Posted: 03 Nov 2011 09:25 AM PDT

This photo taken Nov.1, 2011, shows ink cartridges for Kodak printers in Little Rock, Ark., Best Buy store. Eastman Kodak said Thursday, Nov. 3, 2011, its third-quarter loss widened to $222 million on slumping digital camera and film sales.   (AP Photo/Danny Johnston)AP - Eastman Kodak Co. warned Thursday that its survival over the next year hinges on its ability to sell its potentially lucrative digital-imaging patents or raise extra funds by selling debt.


Greek leader signals he may ditch referendum plan (Reuters)

Posted: 03 Nov 2011 09:16 AM PDT

Greek Finance minister Evangelos Venizelos (R) attends a Panhellenic Socialist Movement (PASOK) parliamentary group meeting at the parliament in Athens October 31, 2011. REUTERS/John KolesidisReuters - Prime Minister George Papandreou said on Thursday he would scrap a referendum on Greece's bailout lifeline if the conservative opposition agreed to back the package in parliament.


Average rate on 30-year mortgage falls to 4 pct. (AP)

Posted: 03 Nov 2011 09:06 AM PDT

AP - The average rate on the 30-year fixed mortgage fell to 4 percent this week, nearly matching the all-time low hit just one month ago.

IMF backs ECB move, Greek aid tied to country (Reuters)

Posted: 03 Nov 2011 08:25 AM PDT

Reuters - The IMF said on Thursday it backs the European Central Bank's interest rate cut and its aid to Greece is tied to the country, rather than a specific government, and would continue as long as its terms were met.

Aeropostale sees sales fall, but raises guidance (AP)

Posted: 03 Nov 2011 07:24 AM PDT

AP - Teen retailer Aeropostale Inc. said Thursday that revenue at stores open at least a year fell 9 percent in the third quarter, compared to essentially flat sales in the same period a year ago.

Freddie Mac reports Q3 loss, asks for $6B in aid (AP)

Posted: 03 Nov 2011 09:03 AM PDT

AP - Government-controlled mortgage giant Freddie Mac has requested $6 billion in additional aid after posting a wider loss in the third quarter.

Pirates seize oil tanker, kidnap crew near Nigeria (AP)

Posted: 03 Nov 2011 08:42 AM PDT

AP - Pirates seized an oil tanker off the coast of Nigeria's southern delta, kidnapping the crew in a bid to steal ship's cargo in the latest hijacking targeting the region, private security officials said Thursday.

Bachmann says all Americans should pay taxes (AP)

Posted: 03 Nov 2011 05:54 AM PDT

Republican presidential candidate, Rep. Michele Bachmann, R-Minn., walks on stage before taking part in the Republican Presidential Forum on Manufacturing, Tuesday, Nov. 1, 2011, in Pella, Iowa. (AP Photo/Charlie Neibergall)AP - Republican presidential hopeful Michele Bachmann is telling college students in politically important Iowa that all Americans should pay taxes since they all benefit from services such as roads and bridges, national defense and the courts.


Take-Two announces next 'Grand Theft Auto' (AP)

Posted: 03 Nov 2011 07:26 AM PDT

AP - Take-Two is confirming that its RockStar North studio is deep in development of the next installment of the wildly popular "Grand Theft Auto" shooter series.

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