Yahoo! News: Health News |
- Wall Street falls on disappointing data
- Private-sector hiring slows in April
- MasterCard profit rises 21 percent, beats estimates
- Factory orders suffer largest drop in 3 years
- Greek bank sues Reuters over investigative report
- Warning strikes hit German engineering sector
- Carlyle Group lowers IPO price range: source
- Exclusive: Shale causes rise in waste gas pollution
- Telenor chairman quits over TV2 deal
- German court rules against Microsoft in Motorola patent fight
- Time Warner's revenue up, though "Luck" wasn't
- Argentine lower house to start YPF takeover debate
- UBS shares jump as private bank proves its appeal
- Analysis: When it comes to EU's budget, anger is easier than reform
- Rosneft beats poll with $3.81 billion Q1 net profit
- Chesapeake Energy shares tumble
- Boeing says new 737 winglet will improve fuel burn
- Comcast profit beats on Internet adds, NBC rebound
- CVS Caremark ups outlook, grabs Walgreen patrons
- S&P raises Greek rating, lifting it out of default
- Analysis: German inflation angst returns in new threat to Europe
- German car maker Daimler hit by warning strike
- Economic stimulus added over 4 percent to GDP: FITCH
- ADB secures $12.4 billion for fund for region's poorest countries
- Cherkizovo freezes new pork investments due to WTO
- Graff to seek HK nod for $1 billion IPO on May 3: sources
- StanChart plans China growth, confident on income
- Toyota posts April U.S. gains, GM lifts sales outlook
- Facebook's IPO show to hit the road on May 7: source
- Sun Hung Kai's Walter Kwok says brothers hired Hui
- Summary Box: Ex-Yugoslav airlines urged to join up
- MasterCard profit up 25 percent on overseas gains
- Bad news about jobs spooks markets
- Pratt & Whitney boss sees long-term strength
- US factory orders fell in March by most in 3 years
- Detroit unions weigh strike option as layoffs loom
- US Treasury delays decision on floating rates
- CVS Caremark 1Q profit jumps 9 percent
- British border workers set May 10 strike date
- 100,000 Facebook users use new organ donor option
| Wall Street falls on disappointing data Posted:
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| Private-sector hiring slows in April Posted:
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| MasterCard profit rises 21 percent, beats estimates Posted:
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| Factory orders suffer largest drop in 3 years Posted:
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| Greek bank sues Reuters over investigative report Posted: LONDON (Reuters) - One of Greece's biggest banks has filed a lawsuit against Reuters claiming 50 million euros ($66 million) in damages over a story that exposed a series of property deals between the bank and companies run by the family of its executive chairman. Piraeus Bank in Athens has sued both the news agency, a unit of Thomson Reuters Corp , and the article's author, reporter Stephen Grey. The lawsuit accuses Reuters of malicious defamation and of wishing "to harm the entire Greek banking system. ... |
| Warning strikes hit German engineering sector Posted: BERLIN (Reuters) - Thousands of workers in Germany's engineering sector walked out on strike over a wage dispute on Wednesday, in what the powerful IG Metall trade union warned could be just the start of warning strikes that aim to drive forward wage negotiations. Around 30,000 workers in Germany's manufacturing sector downed tools until midday, affecting more than 100 companies, including German carmaker Daimler , after regional wage negotiations stalled in April. "Our patience is at an end, we want a 6.5 percent wage increase," Oliver Burkhard, a regional union leader, said in a statement. ... |
| Carlyle Group lowers IPO price range: source Posted: NEW YORK (Reuters) - Carlyle Group LP plans to price its IPO between $22 and $23 per unit, lower than its initial $23-$25 range, a source familiar with the matter said on Wednesday, as the private equity firm courts stock market investors. The book has closed and orders have been received within the new price range for more than the 30.5 million shares on offer, the source said. Pricing of the initial public offering is expected after the market close on Wednesday, with trading starting on Thursday on Nasdaq, under the ticker symbol "CG" . A Carlyle spokesman declined to comment. ... |
| Exclusive: Shale causes rise in waste gas pollution Posted: LONDON (Reuters) - The shale energy boom is fuelling a rise in the burning of waste gas after years of decline, a World Bank source told Reuters ahead of the release of new data, giving environmentalists more ammunition against the industry. Global gas flaring crept up by 4.5 percent in 2011, the first rise since 2008 and equivalent to the annual gas use of Denmark, preliminary data from the World Bank shows. The increase is mostly due to the rise in shale oil exploration in North Dakota, propelling the United States into the top 10 gas flaring countries along with Russia, Nigeria and Iraq. ... |
| Telenor chairman quits over TV2 deal Posted: OSLO (Reuters) - Telenor chairman Harald Norvik quit on Wednesday after the government, which owns 54 percent of the Norwegian group, withdrew support for him over the sale of TV2, the country's top commercial channel. The resignation capped months of controversy since a company jointly owned by Telenor and labor unions sold its 50 percent stake in TV2 to Egmont for 2.1 billion Norwegian crowns ($367 million) in January, giving the Danish firm 100 percent control. "The Minister of Trade and Industry, Mr. ... |
| German court rules against Microsoft in Motorola patent fight Posted:
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| Time Warner's revenue up, though "Luck" wasn't Posted:
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| Argentine lower house to start YPF takeover debate Posted:
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| UBS shares jump as private bank proves its appeal Posted:
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| Analysis: When it comes to EU's budget, anger is easier than reform Posted: BRUSSELS (Reuters) - European governments have expressed outrage at a request for a sharp increase in European Union spending next year, seeking to preempt an outcry by Eurosceptic rivals who have picked up support as austerity takes hold in much of the 27-nation bloc. The European Commission, the EU's executive, says the proposed 6.8 percent increase is due to long-term spending commitments agreed by members themselves before the economic downturn and accused the governments of being less than honest. ... |
| Rosneft beats poll with $3.81 billion Q1 net profit Posted:
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| Chesapeake Energy shares tumble Posted: (Reuters) - Chesapeake Energy Corp shares fell nearly 11 percent in trading before the bell on Wednesday after the company reported earnings that disappointed investors. Wall Street analysts pointed to the company's higher-than-expected natural gas output, which increased quarter on quarter, even as the company sought to cut production. Chesapeake reported its results on Tuesday after the market had closed. Reuters also reported that Chesapeake Chief Executive Officer Aubrey McClendon ran a $200 million hedged fund that traded the same commodities that the company produces. ... |
| Boeing says new 737 winglet will improve fuel burn Posted: (Reuters) - Boeing Co has designed a new winglet for its upcoming 737 MAX, a step the plane-maker says will provide an additional fuel-burn of up to 1.5 percent beyond the 10-12 percent improvement it has said the airplane will deliver. A winglet is a feature used on the wings of some aircraft to improve aerodynamics and efficiency. The use of winglets on aircraft can improve fuel burn by up to 4 percent on long-haul flights. Boeing said in a statement on Wednesday its new device will provide a total fuel-burn improvement of up to 5.5 percent on the same routes. ... |
| Comcast profit beats on Internet adds, NBC rebound Posted:
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| CVS Caremark ups outlook, grabs Walgreen patrons Posted: (Reuters) - CVS Caremark Corp raised its full-year forecast on Wednesday after reporting a sharp rise in first-quarter sales as the drugstore operator and pharmacy benefits manager continued to win over former patrons of Walgreen Co stores. CVS, which operates the CVS drugstore chain and the CVS Caremark pharmacy benefits management business, said sales rose 19.9 percent to $30.8 billion in the quarter, helped by an 8.4 percent increase in sales at drugstores open at least a year and more business from Medicare recipients. Its shares rose 2.5 percent to $45.85 in premarket trading. ... |
| S&P raises Greek rating, lifting it out of default Posted:
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| Analysis: German inflation angst returns in new threat to Europe Posted: BERLIN (Reuters) - While its European partners agonize about recession, austerity and rising unemployment, Germany is shifting its attention to a very different, and yet familiar, source of angst - inflation. Despite recent data showing German consumer prices rose by just 2 percent in April, the slowest pace in over a year, some economists see the beginnings of a dangerous price bubble that could come back to haunt the country in the years to come. ... |
| German car maker Daimler hit by warning strike Posted: BERLIN (Reuters) - Hundreds of workers at German carmaker Daimler went on strike on Wednesday, engineering trade union IG Metall said, after wage talks affecting 70,000 employees in the state of North Rhine-Westphalia stalled last week. Daimler's Sprinter plant in Duesseldorf was hit by the walk out during the early morning shift as 800 workers downed tools, starting a wave of warning strikes planned for Germany's industrial heartland, IG Metall said. "Our patience is at an end, we want a 6.5 percent wage increase," Oliver Burkhard, a regional union leader, said in a statement. ... |
| Economic stimulus added over 4 percent to GDP: FITCH Posted: NEW YORK (Reuters) - In the wake of the financial crisis, stimulative fiscal and monetary policies boosted aggregate U.S. gross domestic product over 4 percent in the two to three years after the end of the last recession, a new study published on Wednesday shows. "These policies helped support GDP growth of 3.0 percent in 2010 and 1.7 percent in 2011, implying that the U.S. might still be mired in a recession absent this stimulus," Fitch Ratings and Oxford Economics said in a new research report. ... |
| ADB secures $12.4 billion for fund for region's poorest countries Posted:
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| Cherkizovo freezes new pork investments due to WTO Posted: MOSCOW (Reuters) - Russian meat producer Cherkizovo will hold off on new investments in pork in anticipation of a slump in prices following Russia's accession to the World Trade Organization, the group's chief executive said in an interview. "WTO is the main issue affecting our plans, capital expenditure and strategy. In pork and meat processing ... the prices may come under serious pressure due to the lowering of import tariffs," Sergei Mikhailov told Reuters. ... |
| Graff to seek HK nod for $1 billion IPO on May 3: sources Posted: HONG KONG (Reuters) - Graff Diamonds, a high-end jeweler based in London, will seek approval from the Hong Kong stock exchange on Thursday for an initial public offering of as much as $1 billion, two sources with direct knowledge of the plan said. The share sale would surpass the $600 million listing by the property fund of Tesco's Thai unit, the biggest IPO in the Asia-Pacific region so far this year, according to Thomson Reuters data. ... |
| StanChart plans China growth, confident on income Posted:
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| Toyota posts April U.S. gains, GM lifts sales outlook Posted:
|
| Facebook's IPO show to hit the road on May 7: source Posted:
|
| Sun Hung Kai's Walter Kwok says brothers hired Hui Posted:
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| Summary Box: Ex-Yugoslav airlines urged to join up Posted: FLIGHT PATH: A European aviation grouping is urging financially troubled carriers of the former Yugoslavia to step up cooperation to survive fierce competition from major airlines and low-cost carriers. |
| MasterCard profit up 25 percent on overseas gains Posted:
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| Bad news about jobs spooks markets Posted:
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| Pratt & Whitney boss sees long-term strength Posted: The president of Pratt & Whitney expects that the military and commercial aerospace business will improve, but not for a while. |
| US factory orders fell in March by most in 3 years Posted:
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| Detroit unions weigh strike option as layoffs loom Posted: Unions angry that Detroit is trying to mend its financially-battered books by laying off hundreds of workers and imposing steep contract concessions on those who remain are considering an illegal strike. |
| US Treasury delays decision on floating rates Posted: The U.S. Treasury is delaying a decision on whether to start borrowing in an unconventional way to help cover the federal budget deficits: By offering Treasurys with variable interest rates, like those on some home mortgages. |
| CVS Caremark 1Q profit jumps 9 percent Posted:
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| British border workers set May 10 strike date Posted:
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| 100,000 Facebook users use new organ donor option Posted: An organ donation group says more than 100,000 people used a new Facebook feature the first day to declare they are donors. |
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