Tuesday, November 29, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Dow. S&P rise on Europe hopes, strong confidence data (Reuters)

Posted: 29 Nov 2011 09:17 AM PST

Traders and officials from the New York Stock Exchange await the opening of AMR Corp., the parent company of American Airlines, on the floor of the New York Stock Exchange November 29, 2011.  American Airlines and its parent company AMR Corp filed for bankruptcy on Tuesday to cut costs and combat soaring fuel prices and dampened travel demand.     REUTERS/Brendan McDermid (UNITED STATES - Tags: TRANSPORT BUSINESS)Reuters - Stocks mostly rose for a second straight day on Tuesday as a rebound in consumer confidence and soothed fears over Europe whetted investors' appetite for risky assets.


American Airlines, AMR file for bankruptcy (Reuters)

Posted: 29 Nov 2011 08:34 AM PST

Reuters - American Airlines and its parent company AMR Corp filed for bankruptcy on Tuesday to cut costs and combat soaring fuel prices and dampened travel demand.

Consumers more hopeful but home prices fall (Reuters)

Posted: 29 Nov 2011 09:48 AM PST

Reuters - Americans shook off some of their concerns about the economy as consumer sentiment rebounded this month from a 2-1/2-year low but a fall in house prices in September underscored the weak foundations of the recovery.

Europe struggles with rescue fund, may turn to IMF (Reuters)

Posted: 29 Nov 2011 08:57 AM PST

Reuters - Euro zone ministers struggled to ramp up the firepower of their rescue fund and looked to the IMF for more help on Tuesday after Italy's borrowing costs hit a euro lifetime high of nearly 8 percent.

Yellen sees scope for further Fed monetary easing (Reuters)

Posted: 29 Nov 2011 09:21 AM PST

Reuters - Janet Yellen, the Federal Reserve's influential vice chair, said on Tuesday the U.S. central bank has room to ease monetary policy further to support a tenuous economic recovery.

Europe bond yields to keep stocks spellbound (Reuters)

Posted: 27 Nov 2011 12:48 PM PST

Reuters - U.S. investors came to the Thanksgiving holiday table on Thursday mostly thankful that the week was a short one, or losses could have been larger.

UK borrowing forecasts revised sharply higher (Reuters)

Posted: 29 Nov 2011 05:12 AM PST

Reuters - British government borrowing will fall much less than expected because of slower economic growth, finance minister George Osborne said on Tuesday, erasing any room for error in the coalition government's deficit reduction plan.

Strong global sales boost Tiffany's 3Q results (AP)

Posted: 29 Nov 2011 07:51 AM PST

This photo taken Nov. 28, 2011, shows the exterior of Tiffany & Co. store in Santa Clara, Calif. Tiffany & Co. said Tuesday, Nov. 29, 2011, its fiscal third quarter rose 63 percent on strong sales globally, particularly in Asia.(AP Photo/Paul Sakuma)AP - Foreign tourists in the U.S. and luxury shoppers globally continued to snap up jewelry seller Tiffany & Co.'s baubles in the third-quarter, sending the jewelry seller's profit up 63 percent.


Pressure builds as eurozone ponders debt solutions (AP)

Posted: 29 Nov 2011 09:22 AM PST

Greek Finance Minister Evangelos Venizelos, left, shakes hands with Italian Prime Minister and Finance Minister Mario Monti during a round table meeting of the eurogroup at the EU Council building in Brussels on Tuesday, Nov. 29, 2011. The 17 finance ministers of countries that use the euro converged on EU headquarters Tuesday in a desperate bid to save their currency and to protect Europe, the United States, Asia and the rest of the global economy from a debt-induced financial tsunami. (AP Photo/Virginia Mayo)AP - The eurozone's 17 finance ministers converged on EU headquarters Tuesday in a desperate bid to save their currency — and to protect Europe, the United States, Asia and the rest of the global economy from a debt-induced financial tsunami.


Fitch may lower Fannie, Freddie debt outlook (AP)

Posted: 29 Nov 2011 08:34 AM PST

AP - The Fitch ratings agency will likely lower its outlook for debts linked to the U.S. government to negative, including debt of government-controlled mortgage buyers Fannie Mae and Freddie Mac.

Financing battle emerges at climate change talks (AP)

Posted: 29 Nov 2011 09:14 AM PST

AP - International climate negotiators were at odds Tuesday on how to raise billions of dollars to help poor countries cope with global warming. A major shipping group is willing to help, endorsing a proposal for a carbon tax on vessels carrying the world's trade.

Sales tracker says 'Cyber Monday' sales up 33 pct (AP)

Posted: 29 Nov 2011 08:15 AM PST

AP - Online sales rose 33 percent on the Monday after the Thanksgiving holiday weekend, a report by a sales tracking agency said Tuesday.

Watchdog: Fannie, Freddie abuses went unchecked (AP)

Posted: 29 Nov 2011 10:01 AM PST

AP - A government watchdog said Fannie Mae and Freddie Mac improperly foreclosed on homeowners and cost the government billions of dollars by not holding major banks to strict underwriting requirements.

Oil price rises to $100 a barrel again (AP)

Posted: 29 Nov 2011 09:44 AM PST

RNPS IMAGES OF THE YEAR 2011 - Venezuela's President Hugo Chavez arrives back from Cuba at Simon Bolivar national airport in Maiquetia August 14, 2011. Chavez returned from chemotherapy treatment in Cuba to treat a cancer that has called into question the 57-year-old's fitness to run for re-election in the OPEC nation next year. REUTERS/Miraflores Palace/Handout (VENEZUELA - Tags: POLITICS HEALTH) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTSAP - A rebound in consumer confidence pushed oil close to $100 per barrel again on Tuesday.


Ill. to let civil-union couples file tax returns (AP)

Posted: 28 Nov 2011 07:45 PM PST

AP - Couples with civil-union licenses in Illinois will soon be allowed to file joint income tax returns with the state.

GM to offer free loaner cars to Volt owners (AP)

Posted: 28 Nov 2011 12:55 PM PST

FILE - In this file photograph taken Jan. 7, 2010, former General Motors Chairman and CEO Ed Whitacre addresses the media next to the first lithium-ion battery off the assembly line for the Chevrolet Volt at the Brownstown Battery Pack Assembly in Brownstown Township, Mich. General Motors said Monday, Nov. 28, 2011, it will offer free loaner cars to Chevrolet Volt owners if they're concerned about the cars catching fire.(AP Photo/Carlos Osorio, File)AP - General Motors, concerned about the image of its Chevrolet Volt, is offering free loaner vehicles to owners who are worried about the electric cars catching fire.


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