Monday, October 25, 2010

Yahoo! News: Health News

Yahoo! News: Health News


Wall St rises on dollar weakness, Fed stimulus talk (Reuters)

Posted: 25 Oct 2010 08:28 AM PDT

Traders work on the floor of the New York Stock Exchange, October 19, 2010. REUTERS/Brendan McDermidReuters - Stocks rose on Monday as a weak dollar and expectations of economic stimulus from the Federal Reserve prompted investors to pick up risker assets.


Existing home sales rise, supply edges down (Reuters)

Posted: 25 Oct 2010 07:57 AM PDT

Reuters - Sales of previously owned homes rose in September, but remained at subdued levels that did little to undermine the case for additional monetary stimulus next week from the Federal Reserve.

SEC questioned Warren Buffett's Berkshire on loss accounting (Reuters)

Posted: 25 Oct 2010 07:13 AM PDT

Reuters - The U.S. Securities and Exchange Commission questioned Warren Buffett's Berkshire Hathaway in the second quarter on why it was not writing down large losses on shares in Kraft and US Bancorp , but the company insisted its accounting was right.

Bank of America finds foreclosure mistakes: report (Reuters)

Posted: 24 Oct 2010 10:04 PM PDT

The sign of a Bank of America ATM machine is pictured in downtown Los Angeles October 8, 2010. REUTERS/Fred ProuserReuters - Bank of America Corp acknowledged some mistakes in foreclosure files as it begins to resubmit documents in 102,000 cases, the Wall Street Journal said.


Regulators reviewing foreclosure practices: Bernanke (Reuters)

Posted: 25 Oct 2010 07:10 AM PDT

Fed Chairman Ben Bernanke delivers opening remarks at a Federal Reserve System symposium on Reuters - U.S. banking regulators will issue a report next month on foreclosure practices at large financial institutions, following allegations that lenders cut corners to illegally evict homeowners, Federal Reserve Chairman Ben Bernanke said on Monday.


Wall Street rises as it enters week cautiously (AFP)

Posted: 23 Oct 2010 09:01 AM PDT

Traders work on the floor at the New York Stock Exchange in August 2010. Wall Street heads into next week hesitantly after a third week of gains following a flood of robust corporate earnings and a stronger outlook for the US economy.(AFP/File/Stan Honda)AFP - Wall Street heads into next week hesitantly after a third week of gains following a flood of robust corporate earnings and a stronger outlook for the US economy.


Cities hold key to healthier GDP (Reuters)

Posted: 24 Oct 2010 12:05 PM PDT

Reuters - The only question about the rate of U.S. economic growth right now is which adjective fits best: sluggish or slumping.

Cigarette maker Lorillard 3Q profit rises (AP)

Posted: 25 Oct 2010 08:13 AM PDT

FILE - In this file photo made Dec. 8, 2009, Newport cigarettes, a Lorillard Inc. brand, are seen on display at Costco in Mountain View, Calif. Cigarette maker Lorillard says its net income rose more than 16 percent as it sold more cigarettes at higher prices. (AP Photo/Paul Sakuma, file)AP - Cigarette maker Lorillard Inc. said Monday its net income rose more than 16 percent as it sold more cigarettes at higher prices, beating Wall Street expectations and bucking the trend of declining cigarette volumes.


France: Strikes costing up to $557 million per day (AP)

Posted: 25 Oct 2010 08:51 AM PDT

Piles of garbage, in front of a clothes shop in Marseille, southern France, Monday, Oct. 25, 2010. France's massive strikes are costing the national economy up to euro400 million ($562 million) each day, the French finance minister said Monday, as workers continued to block ports, oil refineries and trash incineration plants to protest a plan to raise the retirement age to 62. Nearly 10,000 tons of garbage have been piling up in southern Marseille and its suburbs. (AP Photo/Laurent Cipriani)AP - France's massive strikes are costing the national economy up to euro400 million ($557 million) each day, the French finance minister said Monday as workers continued to block oil refineries and trash incinerators to protest a plan to raise the retirement age to 62.


7 Costs to Eliminate Before You Retire (U.S. News & World Report)

Posted: 25 Oct 2010 07:57 AM PDT

U.S. News & World Report - You will be able to get by in retirement with a smaller nest egg if you eliminate as many expenses as possible before you leave the workforce, such as mortgage and credit card debt. While you're still working, you can also take care of many other expenses that are likely to crop up in retirement, including home repairs, and even taxes in some cases. Here are some expenses you should try to tackle before you retire.

Australia warns currency reform 'no panacea' (AFP)

Posted: 24 Oct 2010 08:13 PM PDT

File photo shows workmen passing the Reserve Bank of Australia in Sydney. Australia's central bank chief Monday said stronger domestic demand in Asia was needed to help iron out imbalances in the global economy, and tackling ongoing AFP - Australia's central bank chief Monday said stronger domestic demand in Asia was needed to help iron out imbalances in the global economy, and tackling ongoing "currency wars" would not be enough.


Wal-Mart "very positive" on India rules easing (Reuters)

Posted: 25 Oct 2010 06:51 AM PDT

Reuters - Wal-Mart , the world's largest retailer, expects India to open up foreign direct investment in multi-brand retail given the positive tone coming from government officials, its chief executive said on Monday.

Home sales up in Sept. but more troubles ahead (AP)

Posted: 25 Oct 2010 09:08 AM PDT

In this Oct. 19, 2010 photo, a 'Sold' sign is added to a Realtor's sign in Santa Monica, Calif. Sales of previously occupied homes rose last month after a dismal summer but remain well short of healthy levels. (AP Photo/Reed Saxon)AP - Sales of previously occupied homes rose last month after the worst summer for the housing market in more than a decade. And fears over flawed foreclosure documents could keep buyers on the sidelines in the final months of the year.


Oil climbs as dollar sags (AP)

Posted: 25 Oct 2010 08:57 AM PDT

Photo illustration of an oil well fire. At least 14 people were killed and about 100 more injured after a fire broke out at an oil pipeline in central Myanmar, a government official has said.(AFP/File)AP - Oil prices climbed on Monday as the dollar fell against the euro and other currencies. Benchmark crude rose 91 cents to $82.60 a barrel in midday trading on the New York Mercantile Exchange.


Swiss eye tax deals with Britain, Germany: ministry (AFP)

Posted: 24 Oct 2010 03:28 PM PDT

Swiss Finance Minister Hans-Rudolf Merz gives a press conference in February 2010 in Bern. Switzerland and Germany will take a step to resolve a spat on taxation on Thursday, the Swiss finance ministry said, after long running tensions over tax evasion and Swiss banking secrecy.(AFP/File/Fabrice Coffrini)AFP - Switzerland and Germany will take a step to resolve a spat on taxation on Thursday, the Swiss finance ministry said, after long running tensions over tax evasion and Swiss banking secrecy.


Toyota's global vehicle output falls in September (AP)

Posted: 25 Oct 2010 04:02 AM PDT

AP - Toyota's global production fell in September for the first time in a year, while rivals Honda and Nissan increased output thanks to strong demand in China.

How the B-School Rankings are Calculated (BusinessWeek)

Posted: 25 Oct 2010 05:08 AM PDT

BusinessWeek - For 20 years, prospective MBA students have turned to BusinessWeek's business school rankings for guidance on finding the best in management education. While business schools themselves have undergone major changes over the years, the rankings have not. The methodology we use measures the level of satisfaction of the schools' two main constituencies -- students and corporate recruiters -- as well as the intellectual output of faculty at ranked schools.

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