Sunday, October 10, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Fed to run the show despite big earnings (Reuters)

Posted: 10 Oct 2010 08:35 AM PDT

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

BOJ's Shirakawa: Easy policy alone can't fix problems (Reuters)

Posted: 10 Oct 2010 08:39 AM PDT

Reuters - Bank of Japan Governor Masaaki Shirakawa on Sunday warned that an extension of unprecedented monetary easing policies by advanced nations for too long carries risks, and loose policy alone will not fix structural economic problems.

Statoil in $1.3 billion shale gas JV with Talisman (Reuters)

Posted: 10 Oct 2010 08:24 AM PDT

Reuters - Norwegian oil firm Statoil is expanding further its shale gas operations in the United States, saying on Sunday it has created a joint venture with Canada's Talisman to acquire acreage on the Eagle Ford prospect in Texas for $1.325 billion.

Canada's OTPP considering joint Potash bid: reports (Reuters)

Posted: 10 Oct 2010 08:25 AM PDT

Reuters - Canada's Ontario Teachers' Pension Plan is plotting a bid to spoil BHP Billiton's $39 billion hostile offer for Potash Corp , British newspaper The Sunday Times said.

Dow strikes 11,000 as world markets recover (AP)

Posted: 08 Oct 2010 09:02 AM PDT

A trader works on the floor of the New York Stock Exchange (NYSE) on October 4, in New York City. Wall Street trade was likely to remain in low gear next week as investors increasingly expect the government to pump cash into the markets to boost the lagging economy.(AFP/Getty Images/File/Spencer Platt)AP - The Dow Jones index breached the 11,000 mark for the first time since May as world stocks recovered Friday on mounting expectations that the Federal Reserve will ease monetary policy further next month following weak U.S. jobs data.

95,000 Jobs Lost But Stocks Rally On Fed Rescue Hopes (Investor's Business Daily)

Posted: 08 Oct 2010 04:21 PM PDT

Investor's Business Daily - Employers unexpectedly shed 95,000 jobs in September as government layoffs outweighed modest private hiring, the Labor Department said Friday, but stocks rallied on stepped-up expectations that the Federal Reserve will take aggressive action soon.

CA-CANADA Summary (Reuters)

Posted: 10 Oct 2010 08:50 AM PDT

Reuters - Prime Minister Stephen Harper on Friday said he is confident the global economy, while fragile, is headed in the right direction and he sees no need for further fiscal stimulus to bolster domestic growth. Harper's comments followed data showing Canada shed 6,600 jobs in September. Economists had expected a gain of 10,000. The unemployment rate dipped to 8.0 percent from 8.1 percent as less people were looking for work.

Up to 40 states plan inquiry into foreclosure data (AP)

Posted: 09 Oct 2010 08:50 PM PDT

In this Sept. 30, 2010 photo, thousands of people wait in line at the Los Angeles Convention Center for free mortgage help in downtown Los Angeles. Potential flaws in foreclosure documents are threatening to throw the real estate industry into a full-blown crisis, as Bank of America on Friday, Oct. 8, became the first bank to stop sales of foreclosed homes in all 50 states. (AP Photo/Nick Ut)AP - The attorneys general of up to 40 states plan to announce soon a joint investigation into banks' use of flawed foreclosure paperwork.

Turkmen leader fires gas monopoly chief (AP)

Posted: 10 Oct 2010 04:26 AM PDT

AP - State television in Turkmenistan says the president has fired the head of the state natural gas monopoly in yet another shake-up of the Central Asian country's burgeoning energy industry.
Posted by Harshad at 9:13 AM

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