Saturday, October 9, 2010

Yahoo! News: Health News

Yahoo! News: Health News


Fed to run the show despite big earnings (Reuters)

Posted: 08 Oct 2010 04:13 PM PDT

Reuters - Not even earnings from big names like Google and GE next week will be able to pull Wall Street's focus away from the possibility of more cheap cash flowing in from the Federal Reserve.

China currency must rise to fix imbalances: Soros (Reuters)

Posted: 09 Oct 2010 03:46 AM PDT

Reuters - Billionaire investor George Soros considers the global currency system "lop-sided" and "controlled" by China, and urged the Asian giant to allow its currency to appreciate.

Alcoa supports aluminum-backed exchange traded fund (Reuters)

Posted: 08 Oct 2010 04:49 PM PDT

Reuters - Alcoa Inc , the largest U.S. aluminum producer, would be supportive of an aluminum-backed exchange traded fund, or ETF, whether or not it provided metal to back up the security.

G7 agreed excessive FX moves undesirable: Japan (Reuters)

Posted: 08 Oct 2010 10:17 PM PDT

Japan's Finance Minister Yoshihiko Noda speaks during a news conference at the Finance Ministry in Tokyo September 21, 2010. REUTERS/Toru HanaiReuters - Japanese Finance Minister Yoshihiko Noda said on Friday that finance leaders from the Group of Seven nations agreed at a meeting that excessive and disorderly foreign exchange movements are undesirable.


Why You Shouldn't Follow the Dow (U.S. News & World Report)

Posted: 08 Oct 2010 07:50 AM PDT

U.S. News & World Report - Many people follow the action of the Dow Jones Industrial Average (DJIA) to get a feel for how well the market is doing. Nary a day goes by without the top national news anchors mentioning how well this venerable index performed on the evening news.

Economy 101: How unemployment varies across groups (AP)

Posted: 08 Oct 2010 02:19 PM PDT

AP - Economy 101: How unemployment varies across groups

Banks' credit improved in Q3, growth uncertain (Reuters)

Posted: 08 Oct 2010 11:48 AM PDT

A flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York July 15, 2010. REUTERS/Lucas JacksonReuters - One of the U.S. banking industry's main methods of pumping up profits in recent quarters may be nearing its limits, and third-quarter results are expected to be lackluster as a result.


Abbott Labs (Investor's Business Daily)

Posted: 08 Oct 2010 03:12 PM PDT

Investor's Business Daily - Abbott Labs , a pharmaceutical firm, is withdrawing its diet pill Meridia in the U.S. and Canada, at the FDA's request, almost a year after studies showed it increases the risk of heart attack and stroke in patients with a history of heart disease. Meridia was removed from European markets earlier this year. Abbott dipped 0.4% to 52.81.

On housing, Donilon at center of regulatory fight (AP)

Posted: 09 Oct 2010 03:16 AM PDT

Deputy National Security Adviser Tom Donilon listens as President Barack Obama speaks in the Rose Garden of the White House in Washington, Friday, Oct. 8, 2010. (AP Photo/Charles Dharapak)AP - Before President Barack Obama picked him to be his next national security adviser, Tom Donilon was a lobbyist for mortgage giant Fannie Mae and fought off congressional attempts to impose new regulations.


Geithner urges greater IMF role in currencies (AP)

Posted: 09 Oct 2010 07:05 AM PDT

Treasury Secretary Timothy Geithner gestures while speaking at the Brookings Institution's 'The Path to Global Recovery' forum, Wednesday, Oct. 6, 2010, in Washington.    (AP Photo/Manuel Balce Ceneta)AP - Treasury Secretary Timothy Geithner is urging the International Monetary Fund to play a bigger role in monitoring how countries manage their currencies.


Bank of America stops US foreclosures for review (AP)

Posted: 08 Oct 2010 11:19 PM PDT

An illuminated Bank of America sign atop an ATM machine is displayed at the bank in downtown Los Angeles on Friday Oct.8,2010. Bank of America Corp., the nation's largest bank, said Friday it would stop sales of foreclosed homes in all 50 states as it reviews potential flaws in foreclosure documents. (AP Photo/Richard Vogel)AP - Bank of America on Friday halted foreclosures on homes across the country so it could review paperwork in tens of thousands of cases for flaws, expanding a crisis at a perilous time for the housing market.


America moves on from spill; coast feels abandoned (AP)

Posted: 09 Oct 2010 08:55 AM PDT

In this Oct. 8, 2010 photo, Chris Sherrill, owner of Staycations Beach Weddings, uses the kitchen of Champs Place as he prepares for an event in Gulf Shores, Ala.  Sherrill and other business owners along the Alabama Gulf Coast feel forgotten since the oil well has been capped and attention has been moved elsewhere. (AP Photo/Michelle Rolls-Thomas)AP - Gulf Coast residents say they are feeling abandoned now that the nation's attention seems to be turning away from the oil spill.


RI Dem Caprio blasts Chafee on taxes in gov race (AP)

Posted: 08 Oct 2010 02:59 PM PDT

AP - Rhode Island Democratic candidate for governor Frank Caprio on Friday criticized his independent rival Lincoln Chafee over Chafee's acknowledgment that his old Senate campaign committee of $18,400 in back taxes and fees due to a misunderstanding of tax regulations by his campaign treasurers.

Toyota to roll out 2 new cars under Prius name (AP)

Posted: 08 Oct 2010 02:39 PM PDT

Japan's auto maker Honda Motor president Takanobu Ito introduces the company's new hybrid compact car AP - Toyota plans to roll out two new cars under the Prius name by next year, according to a dealer briefed on the plans, as the automaker seeks to turn its popular hybrid into a family of vehicles.


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