Friday, September 24, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Wall St jumps on data enthusiasm (Reuters)

Posted: 24 Sep 2010 08:32 AM PDT

Traders work on the floor of the New York Stock Exchange September 22, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks extended gains on Friday as a rebound in business spending and steady home sales in August fueled investor optimism and provided firmer ground for a sustainable rally.

New home sales unchanged in August, supply at 42-year low (Reuters)

Posted: 24 Sep 2010 07:46 AM PDT

A home under construction is for sale in Great Falls, Virginia August 23, 2010. REUTERS/Kevin LamarqueReuters - New U.S. single-family home sales were flat in August, but the supply of houses on the market tumbled to the lowest level in 42 years, government data showed on Friday.

Brazil basks in record Petrobras deal (Reuters)

Posted: 24 Sep 2010 08:04 AM PDT

A Petrobras Oil platform is seen at Guabanara bay in Rio de Janeiro, March 26, 2010. REUTERS/Bruno DomingosReuters - President Luiz Inacio Lula da Silva hailed a "new chapter in Brazil's development" on Friday after state oil company Petrobras sold $70 billion in shares at a higher-than-expected price, a record deal that could make the country one of the top global energy exporters.

HSBC power struggle forces top team shake-up (Reuters)

Posted: 24 Sep 2010 03:14 AM PDT

HSBC Group Chief Executive Michael Geoghegan picks a journalist to ask a question during a news conference announcing the bank's results in Hong Kong March 1, 2010. REUTERS/Bobby YipReuters - A dramatic upheaval among HSBC's (0005.HK) top management after a boardroom row has left the bank scrambling to limit damage to its reputation but unlikely to alter its increasing focus on Asia.

Zucker to leave NBC Universal after Comcast deal (Reuters)

Posted: 24 Sep 2010 08:38 AM PDT

President and Chief Executive Officer of NBC Universal Jeff Zucker arrives at the Simon Wiesenthal Center's 2010 Humanitarian Award Ceremony honoring producer Brian Grazer and director Ron Howard in Beverly Hills, California May 5, 2010. REUTERS/Danny MoloshokReuters - NBC Universal's top executive Jeff Zucker will leave after Comcast Corp takes control, Zucker wrote in a memo to the company on Friday.

Fragmented stock markets seen due for pruning (Reuters)

Posted: 23 Sep 2010 01:56 PM PDT

Reuters - The 50 some venues where U.S. stocks can now trade are due for a pruning, industry executives said on Thursday, citing both free market forces and new rules expected in the wake of the May "flash crash."

German business climate improves in September (AP)

Posted: 24 Sep 2010 05:24 AM PDT

AP - German business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business, but the coming months are likely to be more difficult, a closely watched survey showed Friday.

KB Home 3rd-quarter loss narrows as revenue rises (AP)

Posted: 24 Sep 2010 07:29 AM PDT

In this photo taken Sept. 15, 2010, a model home is reflected in the window at the construction site of KB Home in Irvine, Calif. KB Home released its fiscal third-quarter reports, Friday, Sept. 24, 2010. The homebuilder said it lost $1.4 million, or 2 cents per share, in the three months ended Aug. 31. That compares with a loss of $66 million, or 87 cents a share, a year earlier. (AP Photo/Jae C. Hong)AP - KB Home narrowed its fiscal third-quarter loss, helped by fewer charges and higher revenue.

Spain unveils lean 2011 budget (AP)

Posted: 24 Sep 2010 06:47 AM PDT

AP - Spain unveiled an austere budget draft for 2011 as it fights to cut a bloated deficit that has rattled markets worried about the country's finances, slashing spending and throwing in a largely symbolic tax hike on the rich.

Where to Buy a Retirement Home for Under $600 a Month (U.S. News & World Report)

Posted: 24 Sep 2010 08:10 AM PDT

U.S. News & World Report - For Americans looking to buy retirement property, the historic real estate crash has created all sorts of opportunities. Home prices in 20 major metropolitan areas have declined roughly 28 percent from their 2006 peaks. Meanwhile, government efforts to ramp up demand for homes have significantly reduced mortgage costs for borrowers. Thirty-year fixed mortgage rates stood at 4.37 percent for the week ending September 16, only slightly above the 39-year lows reached two weeks earlier. ...

Buffett: Recession continues, by his definition (AP)

Posted: 23 Sep 2010 03:32 PM PDT

AP - Billionaire Warren Buffett says the economy remains in a recession, by his definition, because most people and businesses still aren't doing as well as they were before the financial crisis.

More homeowners lost their home in Q2 (Reuters)

Posted: 24 Sep 2010 08:13 AM PDT

Reuters - Delinquencies on U.S. home mortgages fell slightly in the three months through June, though the number of homeowners who lost their homes rose sharply from the first quarter, U.S. banking regulators said on Friday.

Petrobras raises $70B in offer, world's largest (AP)

Posted: 24 Sep 2010 09:12 AM PDT

Construction workers leave for lunch as they work to build a Petrobras offshore oil platform, behind, at the BrasFels shipyard in Angra dos Reis, Brazil, Wednesday Sept. 22, 2010. In the last two years Brazil's state-controlled oil company Petrobras has made the largest offshore oil discoveries in the Western hemisphere in three decades, all just off the southeast coast of Brazil. (AP Photo/Felipe Dana)AP - The exploration and production of Brazil's massive offshore oil reserves is the driving force behind the globe's biggest-ever share offering.

Pelosi says tax cut vote possible before election (AP)

Posted: 24 Sep 2010 09:08 AM PDT

AP - House Speaker Nancy Pelosi isn't ruling out a vote to extend soon-to-expire tax cuts before lawmakers go home to campaign in the next week, even though Senate Democrats have abandoned plans to vote before the Nov. 2 election.

J.D. Power: September US auto sales stronger (AP)

Posted: 23 Sep 2010 03:17 PM PDT

AP - U.S. auto dealers have been seeing stronger new-vehicle sales in September after a tumultuous summer, J.D. Power and Associates said Thursday.

How to Keep the Bedbugs from Biting (BusinessWeek)

Posted: 24 Sep 2010 05:08 AM PDT

BusinessWeek - Until it was banned in 1972, the pesticide DDT helped keep bedbugs in check. Increased international travel and other modern phenomena have contributed to a resurgence of the apple-seed-size insects, which feed on human blood. Outbreaks have hit several U.S. cities. In New York, stores including Niketown and Victoria's Secret have closed temporarily because of infestations. The pests are now attracting attention from scientists and entrepreneurs. On Sept. 21 and 22, the experts showed off their anti-insect weapons at the first-ever North American BedBug Summit in Chicago.
Posted by Harshad at 9:20 AM

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