Tuesday, September 7, 2010

Yahoo! News: Health News

Yahoo! News: Health News

S&P 500 falls 1 percent on euro bank worries (Reuters)

Posted: 07 Sep 2010 07:16 AM PDT

Traders work on the floor of the New York Stock Exchange, August 30, 2010. REUTERS/Brendan McDermidReuters - Wall Street dropped on Tuesday, with the S&P 500 briefly falling 1 percent, after reports on the European banking system reignited concerns about the financial stability of the region.

Sinochem approaches Temasek on Potash bid: sources (Reuters)

Posted: 07 Sep 2010 08:39 AM PDT

A train car waits in line at the Potash Corp's Cory mine site near Saskatoon in this August 19, 2010 file photo. REUTERS/David StobbeReuters - China's state-owned chemicals group Sinochem Corp has approached Singapore state investor Temasek to join a consortium that may bid for Canada's Potash Corp , sources with knowledge of the deal said on Tuesday.

Google to start TV service in U.S. this autumn (Reuters)

Posted: 07 Sep 2010 07:37 AM PDT

Reuters - Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach from the desktop to the living room.

Coke Enterprises raises earnings forecast (Reuters)

Posted: 07 Sep 2010 08:10 AM PDT

Reuters - Coca-Cola Enterprises Inc raised its full-year earnings forecast on Tuesday, helped by improving sales trends in North America.

Final Basel reform goes to oversight body (Reuters)

Posted: 07 Sep 2010 09:09 AM PDT

Reuters - Central bank and regulatory officials agreed tougher new global bank capital rules on Tuesday but will keep investors on tenterhooks until Sunday when formal endorsement is expected.

Wall Street ends week with hope (AFP)

Posted: 04 Sep 2010 08:56 AM PDT

Street signs outside the New York Stock Exchange. Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new plans for boosting the shaky US economy.(AFP/File/Stan Honda)AFP - Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new plans for boosting the shaky US economy.

Obama assails GOP, promotes new jobs program (AP)

Posted: 06 Sep 2010 07:14 PM PDT

President Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010. (AP Photo/Pablo Martinez Monsivais)AP - A combative President Barack Obama rolled out a long-term jobs program Monday that would exceed $50 billion to rebuild roads, railways and runways, and coupled it with a blunt campaign-season assault on Republicans for causing Americans' hard economic times.

Casey's 1Q profit falls on fees, expenses (AP)

Posted: 07 Sep 2010 08:42 AM PDT

AP - Casey's General Stores Inc., which is fending off a hostile takeover bid, said Tuesday that its fiscal first-quarter profit fell 16 percent on fees related to evaluating the takeover offer and higher operating expenses. Its revenue rose 14 percent.

EU OKs new financial supervision deal (AP)

Posted: 07 Sep 2010 09:18 AM PDT

From left, European Central Bank President Jean Claude Trichet, Belgian Finance Minister Didier Reynders, and Spanish Finance Minister Elena Salgado speak during a meeting of EU finance ministers at the EU Council building in Brussels on Tuesday, Sept. 7, 2010. European finance ministers meet Tuesday to discuss taxes on banks. (AP Photo/Virginia Mayo)AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.

AIG seeks Sept 21 approval for AIA IPO: sources (Reuters)

Posted: 07 Sep 2010 03:32 AM PDT

Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.

Gulf council fails to finalise customs union pact (AFP)

Posted: 07 Sep 2010 03:28 AM PDT

Emiratis walk past Burj Dubai, the world's tallest tower, in the Gulf emirate. The six members of the Gulf Cooperation Council have postponed the implementation on Tuesday of a customs union due to disagreement over sharing tariff revenues and problems meeting World Trade Organisation rules, officials said.(AFP/File/Karim Sahib)AFP - The six members of the Gulf Cooperation Council have postponed the implementation on Tuesday of a customs union due to disagreement over sharing tariff revenues and problems meeting World Trade Organisation rules, officials said.

Gov't launches plan to help "underwater" borrowers (AP)

Posted: 07 Sep 2010 08:17 AM PDT

AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.

Governor Rendell Says Gas Industry Must Pay Fair Share to Support Communities Struggling with Drilling, Protect Environment (PR Newswire)

Posted: 07 Sep 2010 09:00 AM PDT

PR Newswire - WASHINGTON, Pa., Sept. 7 /PRNewswire-USNewswire/ -- A series of accidents and environmental concerns illustrate the challenges the natural gas industry poses to the state and the reason why drilling companies need to pay their fair share to address them, Governor Edward G. Rendell said today as he visited southwestern Pennsylvania.

EU moves on bank taxes skid into trouble (AFP)

Posted: 07 Sep 2010 09:03 AM PDT

Taxation commissioner Algirdas Semeta pictured during an interview in Shanghai on September 2. Much-vaunted EU plans to tax banks skidded into trouble after moves to clamp down on big-spending governments also hit buffers despite broad agreement on Tuesday to regulate the financial sector.(AFP/File/Philippe Lopez)AFP - Much-vaunted EU plans to tax banks skidded into trouble after moves to clamp down on big-spending governments also hit buffers despite broad agreement on Tuesday to regulate the financial sector.

Post-holiday pump prices should slide (AP)

Posted: 07 Sep 2010 08:40 AM PDT

An engineer works at the Barjisiya oil fields in Zubair One south west of the city of Basra, Iraq. Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) has said.(AFP/File/Essam -al-Sudani)AP - Motorists should see pump prices slide again after they spending a little more to fill their tanks over the Labor Day weekend.

The Treasury's New Research Office (BusinessWeek)

Posted: 07 Sep 2010 05:08 AM PDT

BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
Posted by Harshad at 9:30 AM

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