Wednesday, October 6, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Indexes mixed after ADP data, with more QE eyed (Reuters)

Posted: 06 Oct 2010 09:07 AM PDT

Traders work on the floor of the New York Stock Exchange, October 4, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks were little changed on Wednesday as continued hopes for more global economic stimulus efforts offset an unexpectedly poor reading on private-sector hiring in the United States last month.

Private sector job cuts raise Fed easing chance (Reuters)

Posted: 06 Oct 2010 07:02 AM PDT

Case worker Jessica Yon discusses job eligibility for unemployed people at a jobs center in San Francisco, California in this February 4, 2010 file photo. REUTERS/Robert Galbraith/FilesReuters - U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.

GE inks $4.6 billion in deals in big return to M&A (Reuters)

Posted: 06 Oct 2010 07:40 AM PDT

Reuters - General Electric Co made a pair of major acquisitions and said it was spurned in a third attempt, as the largest U.S. conglomerate builds up its energy and finance arms.

IMF revises U.S. growth down, jobs picture bleak (Reuters)

Posted: 06 Oct 2010 05:25 AM PDT

A man looks over employment opportunities at a jobs center in San Francisco, California, in this February 4, 2010 file photo. REUTERS/Robert Galbraith/FilesReuters - U.S. economic growth will be much weaker this year and in 2011 than previously thought and that dims hopes for bringing down a very high unemployment rate anytime soon, the International Monetary Fund said on Wednesday.

Markets must be allowed to drive currencies: Geithner (Reuters)

Posted: 06 Oct 2010 09:00 AM PDT

Reuters - Failure by global institutions to make a coordinated push to persuade countries such as China to let their currencies' value rise would endanger the global economy, U.S. Treasury Secretary Timothy Geithner said on Wednesday.

Wall Street soars after strong services sector data (AFP)

Posted: 05 Oct 2010 08:31 AM PDT

US stocks have soared after a key index showed the massive US services sector grew more than expected last month, giving trading a strong tailwind ahead of a key jobs report later in the week.(AFP/Getty Images/File/Spencer Platt)AFP - US stocks soared on Tuesday after a key index showed the massive US services sector grew more than expected last month, giving trading a strong tailwind ahead of a key jobs report later in the week.

Private sector sheds 39,000 jobs in September (Reuters)

Posted: 06 Oct 2010 05:24 AM PDT

Scott Stevenson stands outside the locked gate of a shuttered small manufacturing plant he once worked at in Ferndale, Michigan August 31, 2010. REUTERS/Rebecca CookReuters - Private employers unexpectedly cut 39,000 jobs in September after an upwardly revised gain of 10,000 in August, a report by a payrolls processor showed on Wednesday.

Constellation Brands' 2Q profit falls (AP)

Posted: 06 Oct 2010 07:48 AM PDT

Displayed are bottles of Constellation Brands, Inc., beer products including, Negra Modelo, left, Tsingtao, St. Pauli Girl, Corona Extra and Pacifico in Philadelphia, Tuesday, Oct. 5, 2010. The maker of Robert Mondavi wine and Svedka vodka said Wednesday, Oct. 6, its second-quarter net income fell 8 percent on lower wine, beer and spirits sales. (AP Photo/Matt Rourke)AP - Constellation Brands Inc.'s second-quarter net income fell 8 percent as moderate growth in its North American wine business was more than offset by slumping profits from its beer partnership.

EU should not press China on yuan: Chinese PM (Reuters)

Posted: 06 Oct 2010 09:04 AM PDT

A 100 yuan banknote is placed next to a U.S. 100 dollar banknote in this picture illustration taken in Beijing September 24, 2010.Reuters - The European Union should stop pressing China to revalue the yuan as a rapid revaluation could cause turmoil, Chinese Premier Wen Jiabao said on Wednesday.

Vanguard cuts fees by expanding share class (AP)

Posted: 06 Oct 2010 08:34 AM PDT

AP - Vanguard is expanding access to its lowest-cost mutual fund share class for individual investors, a move that will bring fee reductions to nearly 2 million clients of the nation's largest fund company.

Countries release text of anti-counterfeiting pact (Reuters)

Posted: 06 Oct 2010 08:41 AM PDT

Reuters - An international pact to fight global trade in counterfeit and pirated goods moved closer to reality on Wednesday when countries participating in the talks released the final draft of the proposed deal.

Kohl's boosts holiday hiring by 21 percent in 2010 (AP)

Posted: 06 Oct 2010 06:39 AM PDT

FILE - In this Feb. 24, 2010 file photo, shoppers exit a Kohl's store in Paramus, N.J. Kohl's Corp. is increasing its holiday hiring this season by 21 percent, another major retailer to boost its employee count this winter. The department store chain said Wednesday, Oct. 6, 2010, it expects to hire more than 40,000 people this season, up from 33,000 last year. (AP Photo/Seth Wenig, file )AP - Kohl's Corp. is increasing its holiday hiring this season by 21 percent, another major retailer to boost its employee count this winter.

NC AG investigating 15 lenders over foreclosures (AP)

Posted: 06 Oct 2010 07:49 AM PDT

AP - North Carolina's attorney general is investigating the state's 15 largest mortgage lenders, questioning them about procedures used in foreclosure.

Oil prices rise again with falling dollar (AP)

Posted: 06 Oct 2010 09:07 AM PDT

FILE - In this Sept. 13, 2010, file photo boxes of donated items are shown at an evacuation area for residents affected by a fire caused by a pipeline explosion in a mostly residential area in San Bruno, Calif. The explosion prompted California regulators to order the utility, Pacific Gas and Electric, to survey all its natural gas lines in the state in hopes of heading off another disaster. (AP Photo/Jeff Chiu, File)AP - Oil prices rose Wednesday as the dollar continued to weaken and stocks held their ground after Tuesday's big rally.

Argentina accuses grain giant of tax evasion (AFP)

Posted: 05 Oct 2010 11:08 PM PDT

A cargo ship is loaded with wheat in Rosario, Santa Fe province, Argentina. The country's President Cristina Kirchner has accused multinational grain producer Bunge of committing the AFP - Argentine President Cristina Kirchner has accused multinational grain producer Bunge of committing the "biggest tax evasion" in the country's history, worth some 300 million dollars (1.2 billion pesos).

Penske taps Nissan to build new 4-door Smart (AP)

Posted: 06 Oct 2010 09:06 AM PDT

FILE - In this July 10, 2007 file photo, journalists test drive the Smart car, in Detroit. Penske Automotive Group Inc. said Wednesday, Oct. 6, 2010, it has signed a deal for Nissan to build a new four-door version of its Smart line of small cars, as it aims to boost sales of the suffering brand. (AP Photo/Carlos Osorio, file)AP - Car dealership chain Penske Automotive Group Inc. has signed a deal for Nissan Motor Co. to build a new four-door version of its Smart line of small cars, as it aims to boost sales of the suffering brand.

Excerpt: Conversations for Change (BusinessWeek)

Posted: 06 Oct 2010 05:08 AM PDT

BusinessWeek - Jonathan, the president of a mid-sized university, invited me to observe one of his advisory board meetings because he said he was "stumped by the team dynamics going on with this group of people." As I observed their meetings, I noticed that when a team member, Mike, spoke, no one seemed to pay attention. But a few minutes later in the meeting, when another team member, Kim, made the same point using different words and another example, everyone seemed to be engaged, agreeing to move forward with the idea . ...
Posted by Harshad at 9:24 AM

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