Yahoo! News: Health News

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• Wall Street hurt by company results and weaker data (Reuters)
• GM July U.S. sales up 5 percent (Reuters)
• RIM unveils new BlackBerry to counter iPhone (Reuters)
• Pfizer profit beats, reassures on long-term view (Reuters)
• P&G profit hit as it markets new products (Reuters)
• Progress Exec Tackles Fast, Complex Trades (Investor's Business Daily)
• Special Report: China bets future on inland cities (Reuters)
• Mednax 2Q earnings climb 14 pct to $49.4 million (AP)
• Austria probes diary linked to Haider (AP)
• Countrywide agrees to pay $600M to settle lawsuits (AP)
• Deutsche Post gets global trade pick-up (AFP)
• July retail sales to reflect renewed anxiety (Reuters)
• Pending US home sales down to nine-year low (AFP)
• BP creates special team to speed up claim payments (AP)
• Clorox 4Q net income nearly flat on higher taxes (AP)
• GM sales rise 5 pct as buyers return to dealers (AP)
• In Search of Deans, B-Schools Eye Top Execs (BusinessWeek)

Wall Street hurt by company results and weaker data (Reuters) Posted: 03 Aug 2010 07:36 AM PDT Reuters - Stocks fell on Tuesday, hurt by disappointing results from Dow Chemical Co and Procter & Gamble, while June factory orders and pending home sales dropped off more than expected.

GM July U.S. sales up 5 percent (Reuters) Posted: 03 Aug 2010 08:57 AM PDT Reuters - General Motors Co posted a 5 percent gain in July U.S. sales on Tuesday which it said underscored evidence of progress in the year since its emergence from a U.S. government-funded bankruptcy.

RIM unveils new BlackBerry to counter iPhone (Reuters) Posted: 03 Aug 2010 09:14 AM PDT Reuters - Research In Motion unveiled a new BlackBerry smartphone on Tuesday to raise its consumer appeal and compete with Apple's iPhone.

Pfizer profit beats, reassures on long-term view (Reuters) Posted: 03 Aug 2010 08:59 AM PDT Reuters - Pfizer Inc posted higher-than-expected quarterly results and stood by its longer-term profit view, allaying investor concern over looming generic drug competition and lifting its shares 5 percent.

P&G profit hit as it markets new products (Reuters) Posted: 03 Aug 2010 09:06 AM PDT Reuters - Consumer goods makers like Procter & Gamble and Clorox Co have bet on new products to spur growth, but the associated marketing and promotional expenses are making that a costly wager this year.

Progress Exec Tackles Fast, Complex Trades (Investor's Business Daily) Posted: 02 Aug 2010 03:16 PM PDT Investor's Business Daily - Regulators still can't explain why the Dow Jones industrial average plunged nearly 1,000 points in the span of minutes in last May's Flash Crash. But John Bates aims to help find out — and reduce the chances of such freak occurrences happening in the future.

Special Report: China bets future on inland cities (Reuters) Posted: 03 Aug 2010 04:34 AM PDT Reuters - China has put big money down on a momentous gamble: rush to build new cities in its poor interior, then wait for people to come and help drive the economy to a new stage of growth.

Mednax 2Q earnings climb 14 pct to $49.4 million (AP) Posted: 03 Aug 2010 09:12 AM PDT AP - National physician group Mednax Inc. said Tuesday its second-quarter earnings climbed 14 percent, as contributions from newly acquired doctor practices helped boost revenue.

Austria probes diary linked to Haider (AP) Posted: 03 Aug 2010 07:14 AM PDT AP - Austrian authorities are investigating the authenticity of a diary reportedly containing details about alleged money flows between the country's late far-right politician Joerg Haider and Libyan leader Moammar Gadhafi, as well as with Saddam Hussein and his sons.

Countrywide agrees to pay $600M to settle lawsuits (AP) Posted: 03 Aug 2010 08:19 AM PDT AP - Countrywide Financial Corp. agreed to pay $600 million to settle shareholder lawsuits in the largest payout so far from the mortgage meltdown.

Deutsche Post gets global trade pick-up (AFP) Posted: 02 Aug 2010 11:18 PM PDT AFP - The world's leading logistics group, Deutsche Post, posted earnings Tuesday that benefited from restructuring and the pick-up in global activity, and raised its full-year outlook.

July retail sales to reflect renewed anxiety (Reuters) Posted: 02 Aug 2010 01:28 PM PDT Reuters - U.S. retailers look set to report only a modest improvement in sales for July as anxious consumers cut down on their spending and big chains returned to their discounting ways.

Pending US home sales down to nine-year low (AFP) Posted: 03 Aug 2010 08:33 AM PDT AFP - The number of contracts signed to purchase existing homes in the United States unexpectedly fell in June to its lowest level in nine years, private data showed Tuesday.

BP creates special team to speed up claim payments (AP) Posted: 03 Aug 2010 09:11 AM PDT AP - BP PLC says it has created a special team to speed up payments to businesses that have submitted claims in the aftermath of the Gulf oil spill.

Clorox 4Q net income nearly flat on higher taxes (AP) Posted: 03 Aug 2010 07:05 AM PDT AP - Household products maker Clorox Co. said Tuesday its fourth-quarter net income was nearly flat, even though its revenue rose 1 percent, because it paid higher taxes and had smaller margins than a year earlier.

GM sales rise 5 pct as buyers return to dealers (AP) Posted: 03 Aug 2010 09:14 AM PDT AP - General Motors Co. said Tuesday U.S. sales of its cars and trucks rose slightly last month from a slower-than-normal June, a sign that consumers are still willing to spend on big-ticket items.

In Search of Deans, B-Schools Eye Top Execs (BusinessWeek) Posted: 03 Aug 2010 05:08 AM PDT BusinessWeek - Search committees at business schools are increasingly considering chief executive officers for top administrative positions, with two business schools in Boston and New York recently tapping former CEOs to head up their schools as deans.

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