Yahoo! News: Health News

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• Wall Street makes plans to open Monday even as Sandy bears down
• News Corp eyes cash bid for Penguin: paper
• Greek editor arrested over list of Swiss accounts
• ECB's Draghi backs Schaeuble's "currency commissioner" -Spiegel
• Miners take "rail-veyors" and robots to automated future
• Consumers, farmers squeezed as grain giants tighten grip
• Future of Nokia hangs on Windows Phone 8 rollout
• Germany: No to new Greek debt haircut
• Ukraine votes with opposition leader in jail
• Former Israeli bank chairman indicted
• Spain anti-austerity protests draw thousands
• Calif Latino grocery chain fights immigration woes
• Greek magazine publisher faces charges
• Wall Street Week Ahead: Jobs data, election may overshadow earnings
• Greek editor arrested over list of Swiss accounts
• NYSE still planning Monday morning open
• Halftime report: Is fear of a weak 3Q overblown?
• Insurers nervous over prospect of Romney victory
• Former Israeli bank chairman indicted
• Global growth could lift TSX out of autumn lull
• News Corp eyes cash bid for Penguin: paper
• Miners take "rail-veyors" and robots to automated future
• Future of Nokia hangs on Windows Phone 8 rollout
• Former British pop star Gary Glitter arrested
• Ukraine votes with opposition leader in jail
• ECB'S Nowotny says Spain has no immediate need of help
• BoE's Bean sees reason for some optimism
• An uneasy economy, and those living through it
• Report: China premier's family denies huge wealth
• Germany: No to new Greek debt haircut
• ECB's Draghi backs Schaeuble's "currency commissioner" -Spiegel
• Factbox: Major acquisitions in global grain trading

Wall Street makes plans to open Monday even as Sandy bears down Posted: 28 Oct 2012 08:29 AM PDT NEW YORK (Reuters) - New York-based stock exchanges are sending officials into Manhattan on Sunday to stay in hotels and coworkers' homes as the NYSE and Nasdaq prepare to open for business on Monday, even as Hurricane Sandy closes off public transportation links. Hurricane Sandy is expected to slam into the East Coast on Monday night, bringing torrential rains, high winds, severe flooding and power outages, forecasters said. The rare "super storm," created by an Arctic jetstream wrapping itself around a tropical storm, could be the biggest to hit the U.S. mainland. ...

News Corp eyes cash bid for Penguin: paper Posted: 28 Oct 2012 06:50 AM PDT LONDON (Reuters) - Rupert Murdoch's News Corp has indicated it will make a "substantial cash offer" for media conglomerate Pearson's Penguin Group, joining the race for the book publisher, the Sunday Times reported. In an unsourced report, the paper said the bid could total around 1 billion pounds ($1.6 billion) and could scupper plans to tie Penguin with Random House, owned by Germany's Bertelsmann. News Corp owns book publisher HarperCollins. ...

Greek editor arrested over list of Swiss accounts Posted: 28 Oct 2012 08:22 AM PDT ATHENS (Reuters) - Greek police arrested the editor of a weekly magazine for publishing a list of more than 2,000 names of wealthy Greeks who have placed money in Swiss bank accounts, police said on Sunday. The so-called "Lagarde List" - given to Greece by French authorities in 2010 with names to be probed for possible tax evasion - has been a topic of heated speculation in the Greek media. It is named after International Monetary Fund chief Christine Lagarde, who was French finance minister when the list was handed over. ...

ECB's Draghi backs Schaeuble's "currency commissioner" -Spiegel Posted: 28 Oct 2012 03:51 AM PDT BERLIN (Reuters) - European Central Bank Chief Mario Draghi backed a proposal by German Finance Minister Wolfgang Schaeuble to radically expand the powers of the European Union's monetary affairs commissioner giving Brussels greater control over member states budgets. In an interview with German magazine Der Spiegel published four days after defending his bond-purchase program in the country's lower house of parliament, Draghi also said he did not expect his Outright Monetary Transactions (OMT) plan to cost the taxpayer money. ...

Miners take "rail-veyors" and robots to automated future Posted: 28 Oct 2012 06:18 AM PDT SUDBURY, Ontario (Reuters) - In an office trailer parked outside a mine shaft in northern Ontario, operator Carolyn St-Jean leans back in her chair and monitors a machine loading nickel-rich ore into rail cars deep underground. Once filled, the automated train will snake through a series of narrow tunnels, emerge from a rocky outcropping, then loop past St-Jean's window and dump its payload for sorting. Vale SA, the Brazilian company that owns the mine near this nickel-rich Canadian town, has spent nearly $50 million in two years to install and test the "rail-veyor. ...

Consumers, farmers squeezed as grain giants tighten grip Posted: 28 Oct 2012 02:21 AM PDT LONDON (Reuters) - A global race for grain trading power is putting more of the world's vital cereals in the hands of fewer companies, with a string of recent acquisitions raising fears that consumers will pay even more for their food, while farmers are squeezed. Archer Daniels Midland last week bid for Australia's last independent grain handler GrainCorp , the latest in a series of moves by grain trading heavyweights to grab a larger slice of a booming market as developing economies seek food security. ...

Future of Nokia hangs on Windows Phone 8 rollout Posted: 28 Oct 2012 06:14 AM PDT For Nokia, it comes down to this: Is Microsoft's new phone software going to get it back in the smartphone race, or is it going to be too late?

Germany: No to new Greek debt haircut Posted: 28 Oct 2012 03:58 AM PDT Germany's finance minister has dismissed the idea of governments and other public creditors taking a hit on their Greek debt holdings, arguing that it wouldn't be legally feasible.

Ukraine votes with opposition leader in jail Posted: 28 Oct 2012 05:34 AM PDT Ukrainians voted in an election on Sunday that was expected to maintain President Viktor Yanukovych's parliamentary majority, despite his rollback on democracy during nearly three years in power.

Former Israeli bank chairman indicted Posted: 28 Oct 2012 08:07 AM PDT Israel's Justice Ministry has indicted the former chairman of a major bank on charges including aggravated fraud and money laundering.

Spain anti-austerity protests draw thousands Posted: 27 Oct 2012 12:23 PM PDT Several thousand people marched to Spain's parliament in an anti-austerity protest Saturday, but were held back from surrounding the building by metal rail barricades and a large police presence.

Calif Latino grocery chain fights immigration woes Posted: 27 Oct 2012 09:15 AM PDT Two decades ago, Mi Pueblo Food Center began modestly as a small butcher shop run by an illegal immigrant. Now, the supermarket that caters to the Latino immigrant community has grown into a popular chain of 21 stores in California.

Greek magazine publisher faces charges Posted: 28 Oct 2012 08:43 AM PDT Police have arrested the publisher of a magazine that printed what is it says is a list of more than 2,000 Greek depositors at an HSBC bank in Switzerland.

Wall Street Week Ahead: Jobs data, election may overshadow earnings Posted: 28 Oct 2012 08:33 AM PDT NEW YORK (Reuters) - Earnings season may be only half over, but the focus on profits should subside this week as investors turn their attention to the coming election and Friday's jobs data - the last major economic indicator before the November 6 contest. More bellwether companies are set to report results in what will be another "peak week" of the earnings season. Such a flurry of numbers normally holds Wall Street's attention, and it can lead to market swings. ...

Greek editor arrested over list of Swiss accounts Posted: 28 Oct 2012 08:22 AM PDT ATHENS (Reuters) - Greek police arrested the editor of a weekly magazine for publishing a list of more than 2,000 names of wealthy Greeks who have placed money in Swiss bank accounts, police said on Sunday. The so-called "Lagarde List" - given to Greece by French authorities in 2010 with names to be probed for possible tax evasion - has been a topic of heated speculation in the Greek media. It is named after International Monetary Fund chief Christine Lagarde, who was French finance minister when the list was handed over. ...

NYSE still planning Monday morning open Posted: 28 Oct 2012 08:20 AM PDT (Reuters) - The New York Stock Exchange will open on Monday morning as usual, a spokesman for the stock exchange said after officials announced plans to close all area public transportation at 7 p.m. EDT to prepare for Hurricane Sandy. "We continue to monitor the situation and to communicate with government officials, regulators, and markets participants," NYSE spokesman Rich Adamonis said. (Reporting By John McCrank; Editing by Maureen Bavdek)

Halftime report: Is fear of a weak 3Q overblown? Posted: 28 Oct 2012 08:15 AM PDT It's halftime for the season of corporate earnings reports, and investors are in desperate need of a locker-room pep talk.

Insurers nervous over prospect of Romney victory Posted: 28 Oct 2012 08:13 AM PDT You'd think health insurance CEOs would be chilling the bubbly with Republican Mitt Romney's improved election prospects, but instead they're in a quandary.

Former Israeli bank chairman indicted Posted: 28 Oct 2012 08:07 AM PDT Israel's Justice Ministry has indicted the former chairman of a major bank on charges including aggravated fraud and money laundering.

Global growth could lift TSX out of autumn lull Posted: 28 Oct 2012 07:35 AM PDT TORONTO (Reuters) - Promising global economic news could lift Canadian stock prices out of their autumn lull to 2012 highs by the end of the year, offsetting tepid U.S. corporate results and modest earnings expectations at home. Signs that China's growth slowdown has bottomed and Europe's debt crisis may be contained, combined with a U.S. housing market showing signs of life, could propel Toronto's resource-heavy stock market higher, strategists and fund managers said. ...

News Corp eyes cash bid for Penguin: paper Posted: 28 Oct 2012 06:50 AM PDT LONDON (Reuters) - Rupert Murdoch's News Corp has indicated it will make a "substantial cash offer" for media conglomerate Pearson's Penguin Group, joining the race for the book publisher, the Sunday Times reported. In an unsourced report, the paper said the bid could total around 1 billion pounds ($1.6 billion) and could scupper plans to tie Penguin with Random House, owned by Germany's Bertelsmann. News Corp owns book publisher HarperCollins. ...

Miners take "rail-veyors" and robots to automated future Posted: 28 Oct 2012 06:18 AM PDT SUDBURY, Ontario (Reuters) - In an office trailer parked outside a mine shaft in northern Ontario, operator Carolyn St-Jean leans back in her chair and monitors a machine loading nickel-rich ore into rail cars deep underground. Once filled, the automated train will snake through a series of narrow tunnels, emerge from a rocky outcropping, then loop past St-Jean's window and dump its payload for sorting. Vale SA, the Brazilian company that owns the mine near this nickel-rich Canadian town, has spent nearly $50 million in two years to install and test the "rail-veyor. ...

Future of Nokia hangs on Windows Phone 8 rollout Posted: 28 Oct 2012 06:14 AM PDT For Nokia, it comes down to this: Is Microsoft's new phone software going to get it back in the smartphone race, or is it going to be too late?

Former British pop star Gary Glitter arrested Posted: 28 Oct 2012 06:04 AM PDT LONDON (Reuters) - One-time British pop star Gary Glitter was arrested on Sunday as part of an investigation into allegations of child sex abuse by the late BBC presenter Jimmy Savile, the BBC said. It was the first arrest to be reported in a scandal that has already damaged the reputation of the publicly-funded BBC and the legacy of Savile, a former DJ who was one of the broadcaster's top show hosts and a dedicated charity fundraiser. The head of the BBC's governing body said on Sunday the broadcaster's reputation was on the line, and promised to get to the bottom of the scandal. ...

Ukraine votes with opposition leader in jail Posted: 28 Oct 2012 05:34 AM PDT Ukrainians voted in an election on Sunday that was expected to maintain President Viktor Yanukovych's parliamentary majority, despite his rollback on democracy during nearly three years in power.

ECB'S Nowotny says Spain has no immediate need of help Posted: 28 Oct 2012 05:33 AM PDT VIENNA (Reuters) - Spain has no immediate need of help from the European Central Bank's new bond-buying program and should try to refinance itself before requesting aid, ECB policymaker Ewald Nowotny said. Spain does not have the structural problems that Greece has and is currently in a position to refinance its debts on the markets at an acceptable cost, Nowotny said in an interview on Austrian ORF television on Sunday. "As far as I'm informed, Spain is essentially refinanced for 2012. ...

BoE's Bean sees reason for some optimism Posted: 28 Oct 2012 05:09 AM PDT LONDON (Reuters) - Bank of England deputy governor Charlie Bean said on Sunday that there was "reason for some optimism" going forward, but warned against getting overexcited about the latest GDP figures showing Britain pulled out of recession in the third quarter. "We should avoid getting overexcited," Bean told Sky News television, adding that growth could be weak in the fourth quarter. "We do think there's reason for some optimism going forward, some of the headwinds that we've been struggling against in the past couple of years will be abating somewhat," he said. ...

An uneasy economy, and those living through it Posted: 28 Oct 2012 04:55 AM PDT Here was Chas Kaufmann's life before the Great Recession: $28,000 in restaurant tabs in a year, cruises, house parties with fireworks. His Mr. Gutter business was booming in the Pennsylvania Poconos.

Report: China premier's family denies huge wealth Posted: 28 Oct 2012 04:26 AM PDT Lawyers have denied a report that Chinese Premier Wen Jiabao's family has amassed $2.7 billion in "hidden riches," a Hong Kong newspaper said Sunday.

Germany: No to new Greek debt haircut Posted: 28 Oct 2012 03:58 AM PDT Germany's finance minister has dismissed the idea of governments and other public creditors taking a hit on their Greek debt holdings, arguing that it wouldn't be legally feasible.

ECB's Draghi backs Schaeuble's "currency commissioner" -Spiegel Posted: 28 Oct 2012 03:51 AM PDT BERLIN (Reuters) - European Central Bank Chief Mario Draghi backed a proposal by German Finance Minister Wolfgang Schaeuble to radically expand the powers of the European Union's monetary affairs commissioner giving Brussels greater control over member states budgets. In an interview with German magazine Der Spiegel published four days after defending his bond-purchase program in the country's lower house of parliament, Draghi also said he did not expect his Outright Monetary Transactions (OMT) plan to cost the taxpayer money. ...

Factbox: Major acquisitions in global grain trading Posted: 28 Oct 2012 02:22 AM PDT (Reuters) - A consolidation is underway in global grain trading as the major players position themselves for an expected surge in demand for food commodities, particularly in Asia. The following are some of the key moves during the last couple of years: OCTOBER 2012 - Archer Daniels Midland bids $2.8 billion for Australia's GrainCorp in a deal that could give it a platform to supply Asia. MAY 2012 - Japanese trading house Marubeni Corp. agreed to buy U.S. grain merchant Gavilon for $5.6 billion including about $2 billion in debt. ...

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