Tuesday, August 24, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Indexes slump as July home sales hit 15-year low (Reuters)

Posted: 24 Aug 2010 07:49 AM PDT

Traders work on the floor of the New York Stock Exchange, August 16, 2010. REUTERS/Brendan McDermidReuters - Stocks fell more than 1 percent on Tuesday as sales of existing homes in the United States last month fell to a 15-year low, underlining growing concerns about the pace of economic recovery.

Existing home sales dive to 15-year low (Reuters)

Posted: 24 Aug 2010 07:48 AM PDT

A 'sale' sign advertises a home in Alexandria, Virginia July 22, 2010. REUTERS/Molly RileyReuters - Sales of previously owned U.S. homes took a record drop in July to their lowest pace in 15 years, suggesting further loss of momentum in the economic recovery.

Fed's Evans says double-dip risk has risen (Reuters)

Posted: 24 Aug 2010 07:18 AM PDT

Reuters - The risks of a double-dip U.S. recession have risen in the last six months, Chicago Federal Reserve Bank President Charles Evans said on Tuesday.

Dell ready to up bid for 3PAR: report (Reuters)

Posted: 24 Aug 2010 05:56 AM PDT

Reuters - Dell Inc is preparing to sweeten its bid for 3PAR Inc after its earlier bid was topped by rival Hewlett-Packard Co's $1.6 billion offer for the data storage company, according to a report on Bloomberg's website.

Yen rises broadly on global risk aversion (Reuters)

Posted: 24 Aug 2010 08:11 AM PDT

A man stands in front of an electronic board displaying graphs of exchange rates outside a brokerage in Tokyo August 11, 2010. REUTERS/Toru HanaiReuters - The yen rose to a 15-year high against the dollar and a nine-year peak versus the euro on Tuesday amid fears the global economy is slowing, testing Japanese authorities' resolve to stem the currency's climb.

How the major stock indexes fared Monday (AP)

Posted: 23 Aug 2010 01:44 PM PDT

AP - Stocks slumped to a weak finish Monday as lingering worries about the economy overcame optimism from a fresh round of corporate dealmaking. Stocks had an early lift after Hewlett-Packard outbid Dell for a data storage provider, but the gains faded quickly.

Recovery from floods to take Pakistan years: Zardari (Reuters)

Posted: 24 Aug 2010 03:02 AM PDT

A child cries during the evening meal at a road-side camp for flood victims near Shabar Jangi on the outskirts of Peshawar in Pakistan's northwest Khyber-Pakhtunkhwa Province August 22, 2010. REUTERS/Tim WimborneReuters - Pakistan could take years to recover from the floods disaster, its president said, as crisis talks began with the IMF which predicted the catastrophe would have a "major and lasting" economic impact.

Medtronic cuts 2011 guidance on weaker demand (AP)

Posted: 24 Aug 2010 08:49 AM PDT

AP - Medtronic Inc., the world's largest medical device maker, reported fiscal first-quarter earnings Tuesday in line with Wall Street expectations, but weaker global demand for medical implants forced the company to slash 2011 earnings expectations.

EU clears MetLife takeover of AIG unit (AFP)

Posted: 24 Aug 2010 07:27 AM PDT

US life insurance giant MetLife won clearance from European Union regulators on Tuesday to acquire a unit of American International Group for 15.5 billion dollars (12.3 billion euros).(MetLife)AFP - US life insurance giant MetLife won clearance from European Union regulators on Tuesday to acquire a unit of American International Group for 15.5 billion dollars (12.3 billion euros).

Yen hits 15-year dollar high (AFP)

Posted: 24 Aug 2010 05:41 AM PDT

The yen struck a 15-year high against the dollar and a near nine-year peak versus the euro Tuesday as investors rushed to the safe-haven Japanese currency amid fears about a struggling global economy.(AFP/File/Mike Clarke)AFP - The yen struck a 15-year high against the dollar and a near nine-year peak versus the euro Tuesday as investors rushed to the safe-haven Japanese currency amid fears about a struggling global economy.

On the Call: Barnes & Noble Retail CEO Klipper (AP)

Posted: 24 Aug 2010 07:40 AM PDT

AP - Barnes & Noble Inc.'s revenue in the first quarter rose 21 percent, much of it on success with its e-reader Nook and online book sales. The company's largest segment, retail, was still hurting and sales there fell 2.5 percent to $1 billion.

Mass. home sales plummet for first time in a year (AP)

Posted: 24 Aug 2010 08:02 AM PDT

AP - Sales of single-family homes in Massachusetts plummeted by more than 25 percent in July when compared to the same month last year, reversing a trend of 12 consecutive months of increases.

Greenland gas find fuels environmental worries (AP)

Posted: 24 Aug 2010 08:41 AM PDT

In this August 23 2010 photo issued by environmental campaigners Greenpeace, Greenpeace boats in the water near the Cairn Energy Stena Don Oil Rig, in the seas west of Disko Island in the Arctic. Danish warship Tuesday confronted the Greenpeace protest ship Esperanza as it approached one of the world's most controversial oil drilling projects operated by the British company Cairn Energy. The company's discovery of hydrocarbons off Greenland's coast could spark an oil rush that 'would threaten the fragile environment,' Greenpeace warned Tuesday.(AP Photo/ Will Rose/ Greenpeace) ** EDITORIAL USE ONLY **AP - Scotland's Cairn Energy PLC said Tuesday it found gas off the west coast of Greenland, a discovery that environmental group Greenpeace warned could lead to a damaging rush for hydrocarbons in "vulnerable" Arctic waters.

Tax Reform: These Small Steps Could Help Deficit, Economy (BusinessWeek)

Posted: 24 Aug 2010 05:08 AM PDT

BusinessWeek - Is the American system of taxation nearing a watershed moment? It doesn't seem like it, considering the political brawl in Washington over the soon-to-be-expired 2001 and 2003 tax cuts passed during the Bush era. Lawmakers have known for the past several years that, if they did nothing, the tax breaks would automatically end on Dec. 31, 2010. Now, Washington is scrambling as the deadline looms and the economy sputters.

Prius gets sound option to protect pedestrians (AP)

Posted: 24 Aug 2010 12:38 AM PDT

File - In this July 6, 2010 file photo, Prius hybrid vehicles are displayed at Toyota Motor Corp.'s showroom in Tokyo. Toyota's Prius is becoming a little less quiet with a new electronic humming device that is the automaker's answer to complaints that pedestrians can't hear the top-selling car approaching. The 12,600 yen ($148) speaker system that goes under the hood of the third-generation Prius sets off a whirring sound designed to be about the same noise level as a regular car engine so that it isn't annoying, Toyota said Tuesday, Aug. 24, 2010. (AP Photo/Itsuo Inouye, File)AP - Toyota's Prius hybrid is becoming a little less quiet with a new electronic humming device that is the automaker's answer to complaints that pedestrians can't hear the top-selling car approaching.

B-School, Day One: A Primer (BusinessWeek)

Posted: 24 Aug 2010 05:08 AM PDT

BusinessWeek - Nearly three years out of school and Brock Rasmussen forgot what it was like to be a student: homework every night, running on four hours of sleep, and prepping for the first major exam only two weeks after starting classes. During his first days as an MBA student at Duke's Fuqua School of Business (Fuqua Full-Time MBA Profile) he was overwhelmed.
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