Monday, September 27, 2010

Yahoo! News: Health News

Yahoo! News: Health News


Wall Street slips after 4-week rally, M&A active (Reuters)

Posted: 27 Sep 2010 09:03 AM PDT

A trader works on the floor of the New York Stock Exchange on September 21 in New York City. Wall Street wrapped up its fourth straight week of gains on Friday, reaching its highest levels in four months, despite jittery trade marked by a cautioning by the Federal Reserve.(AFP/Getty Images/File/Spencer Platt)Reuters - U.S. stocks fell on Monday amid a flurry of proposed acquisitions as investors paused following four straight weeks of gains on Wall Street.


Bank regulators delay move on liquidation power (Reuters)

Posted: 27 Sep 2010 08:03 AM PDT

Reuters - Banking regulators on Monday said they are delaying a proposal that would begin putting into place how the government would use its new authority to dismantle large, collapsing financial companies.

Judge refuses to dismiss AIG class-action lawsuit (Reuters)

Posted: 27 Sep 2010 08:30 AM PDT

Reuters - A federal judge on Monday refused to dismiss a class-action lawsuit accusing American International Group Inc of misleading investors about its exposure to subprime mortgages, which led to a liquidity crisis and $182.3 billion of federal bailouts.

Potash Corp suit vs BHP allowed to proceed (Reuters)

Posted: 27 Sep 2010 08:59 AM PDT

Reuters - A U.S. federal judge said on Monday he would allow the discovery process to proceed in a lawsuit filed by Potash Corp to fend off BHP Billiton's $39 billion hostile takeover bid.

U.S. approves Coca-Cola's buy of big bottler (Reuters)

Posted: 27 Sep 2010 08:43 AM PDT

Reuters - Coca-Cola Co won approval from the United States and Canada to buy the North American operations of its largest bottler on the condition that it safeguards rival Dr Pepper Snapple Group's confidential business information.

Judge ready to approve $75M Citigroup settlement (AP)

Posted: 24 Sep 2010 02:09 PM PDT

AP - A federal judge said Friday that she plans to approve the government's $75 million settlement with Citigroup Inc. over charges it misled investors about billions in potential losses from subprime mortgages.

Californians split on suspending global warming law (Reuters)

Posted: 25 Sep 2010 10:07 AM PDT

Reuters - California voters are essentially split on a ballot measure that would suspend a global warming law until the state's jobless rate falls to 5.5 percent for a year, according to a poll released on Saturday.

Zale posts smaller quarterly loss on cost cuts (AP)

Posted: 27 Sep 2010 09:00 AM PDT

AP - Jewelry seller Zale Corp. on Monday reported a much smaller loss for its fiscal fourth quarter, as cost cuts helped boost margins and offset lower sales.

EU finmins may struggle for deal on debt, deficit rules (Reuters)

Posted: 27 Sep 2010 07:25 AM PDT

Reuters - European Union finance ministers may struggle to agree on ways to toughen debt and deficit rules in talks on Monday aimed at regaining confidence in the euro zone.

Unilever aims for big hair day with Alberto buy (Reuters)

Posted: 27 Sep 2010 07:38 AM PDT

Anglo-Dutch food and cosmetics giant Unilever PLC is nearing a deal to buy US-based Alberto Culver Co., the Wall Street Journal reported Sunday, citing people familiar with the matter.(AFP/File/Eric Feferberg)Reuters - Consumer goods group Unilever Plc/NV (UNc.AS) will buy U.S. hair and skin care company Alberto Culver for $3.7 billion in the latest move to rebalance its portfolio toward higher growth lines.


IMF cuts UK 2011 growth forecast to 2.0% (AFP)

Posted: 27 Sep 2010 08:18 AM PDT

A construction worker works on the Aquatic Centre at the London 2012 Olympic site in Stratford, east London on July 27. The International Monetary Fund said that the country's economy AFP - The International Monetary Fund said on Monday that the nation's economy "is on the mend" but it cut its 2011 growth forecast for the country to 2.0 percent from its previous estimate of 2.1 percent.


Wal-Mart offers $4 billion for S.Africa's Massmart (Reuters)

Posted: 27 Sep 2010 08:24 AM PDT

A man grabs a shopping cart outside a Walmart store. Wal-Mart has entered talks to buy South African wholesaler Massmart for 4.2 billion dollars (3.1 billion euros), as the world's largest retailer seeks to enter Africa's biggest economy.(AFP/Getty Images/File)Reuters - Wal-Mart is in talks to buy South Africa's Massmart, a $4 billion deal that would give the U.S. retailer a big presence in fast-growing Africa and boost its emerging markets strategy.


Fannie Mae offers housing aid to military families (AP)

Posted: 27 Sep 2010 07:19 AM PDT

AP - Mortgage giant Fannie Mae plans to give military families a break on their home loan payments if they are struggling because of the death or injury of a service member.

Motorists getting lower prices at the pump (AP)

Posted: 27 Sep 2010 09:03 AM PDT

Russian President Dmitry Medvedev, left, and his Chinese counterpart Hu Jintao attend a ceremony to mark the completion of a 625-mile (1,000-kilometer) crude oil pipeline from eastern Siberia to China, in Beijing Monday, Sept. 27, 2010. Hu and Medvedev attended a ceremony in Beijing to mark the completion of a 625-mile (1,000-kilometer) crude oil pipeline from eastern Siberia to China, which connects Russian oil fields with Daqing, a major oil production base in northeastern China. The pipeline is part of a deal signed last year in which China will provide a $25 billion loan to Russia in exchange for 15 million tons of oil annually (300,000 barrels per day) for 20 years. (AP Photo/RIA-Novosti Kremlin, Mikhail Klimentyev, Presidential Press Service)AP - Drivers can thank the slower driving season and a glut of supply for the continuing slide in gas pump prices.


Obama adviser slams Republican pledge as a rehash (AFP)

Posted: 26 Sep 2010 12:29 PM PDT

Obama administration's senior adviser David Axelrod (C), pictured in 2009, has criticised Republican plans to cut taxes for wealthier Americans as a recycled failed policy.(AFP/Getty Images/File/Chip Somodevilla)AFP - The White House Sunday slammed Republican plans to cut taxes for wealthy Americans as a recycled failed policy, while sparring lawmakers vowed a vote on the hot-button issue before the tax cuts expire in December.


Detroit area leaders on economic mission to Italy (AP)

Posted: 27 Sep 2010 08:40 AM PDT

AP - The advantages of doing business in the Detroit area is part of the sales pitch made by local elected, auto union and other leaders to Fiat suppliers during an economic mission this week in Italy.

Why Companies Should Insist That Employees Nap (BusinessWeek)

Posted: 27 Sep 2010 05:08 AM PDT

BusinessWeek - Posted on Harvard Business Review: September 20, 2010 2:08 PM

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