Saturday, December 4, 2010

Yahoo! News: Health News

Yahoo! News: Health News


Stocks' rally set to run as fear fades (Reuters)

Posted: 04 Dec 2010 04:41 AM PST

Floor governor Frank DeGarcia shouts out the price on the floor of the New York Stock Exchange, December 3, 2010. REUTERS/Brendan McDermidReuters - Europe's sovereign debt crisis will still hang over global markets next week, but on Wall Street, investors will not be afraid to bet on stocks.


Fed's Bernanke did not rule out more bond buys: CBS (Reuters)

Posted: 03 Dec 2010 02:25 PM PST

Federal Reserve Board Chairman Ben Bernanke participates in the first meeting of the financial stability oversight council to vote on a number of resolutions, at the Treasury Department in Washington, October 1, 2010. REUTERS/Jason ReedReuters - Federal Reserve Chairman Ben Bernanke did not rule out further purchases of Treasury bonds beyond the $600 billion program announced last month, CBS television reported Bernanke as saying in an interview on the show "60 Minutes".


Google to buy anti-piracy software firm Widevine (Reuters)

Posted: 04 Dec 2010 07:51 AM PST

Reuters - Google Inc has agreed to buy Seattle-based anti-piracy software firm Widevine in a bid to boost its online video services, the world's dominant Internet search company said on its official blog.

Germany denies Merkel threatened to leave euro (Reuters)

Posted: 04 Dec 2010 05:01 AM PST

A teller counts euro banknotes inside a National Bank of Greece branch in Athens February 10, 2010. REUTERS/John KolesidisReuters - Germany on Saturday categorically denied a British newspaper report that Chancellor Angela Merkel warned Berlin might leave the euro during a heated exchange at a summit of European Union leaders at the end of October.


Euro, stocks rise, ECB bond buying lifts spirits (AFP)

Posted: 03 Dec 2010 05:01 AM PST

The euro rose and stock markets firmed in response to massive purchases of eurozone debt by the ECB which pushed down borrowing rates for weak eurozone countries facing crisis.(AFP/File/Bertrand Langlois)AFP - The euro rose on Friday and stock markets firmed in response to massive purchases of eurozone debt by the ECB which pushed down borrowing rates for weak eurozone countries facing crisis.


Job growth weak for Nov. in setback for economy (AP)

Posted: 03 Dec 2010 03:16 PM PST

In this Nov. 30, 2010 photo, Lilian Dacanay (left) waits to speak with a prospective employer during a career fair, in San Diego. The nation's unemployment rate climbed to 9.8 percent in November, a seven-month high, as hiring slowed to a near crawl. (AP Photo/Gregory Bull)AP - The nation added only a trickle of jobs in November, far fewer than experts had expected and a reminder that the economy is still recovering only fitfully.


Thrifts earn $1.77 billion in third quarter (AP)

Posted: 03 Dec 2010 01:18 PM PST

AP - U.S. thrifts posted a profit over the summer but the number of "problem" thrifts remains elevated, the government reported Friday.

EU rescue fund should be increased: Belgian finance minister (Reuters)

Posted: 04 Dec 2010 08:49 AM PST

Reuters - The European Union's permanent rescue fund should be larger than the money available currently and the increase could be made before 2013, Belgian Finance Minister Didier Reynders said on Saturday.

Bill blocked to let upper-income tax cuts expire (AP)

Posted: 04 Dec 2010 08:01 AM PST

AP - Senate Republicans have blocked legislation allowing taxes to rise on upper income taxpayers on Jan. 1.

Spain OKs new austerity measures to calm markets (AP)

Posted: 03 Dec 2010 04:02 PM PST

People queue outside an unemployment registry office in Madrid on Thursday, Dec. 2, 2010. The number of people filing claims for unemployment benefits rose for a fourth consecutive month in November by 24,318 for a rounded total of 4.1 million people receiving payments. (AP Photo/Victor R. Caivano)AP - The Spanish government approved new austerity measures and a limited economic stimulus package to ease investor fears about its debt — and insisted again it was taking strong steps to right its ailing economy.


Court halts Wal-Mart ex-exec from joining CVS (Reuters)

Posted: 03 Dec 2010 03:56 PM PST

Reuters - CVS Caremark Corp named a recent Wal-Mart Stores Inc executive as the president of its retail pharmacy business, but a judge temporarily blocked him from taking the job due to a noncompete agreement with Wal-Mart.

Nigeria: Village raid shows dangers in oil delta (AP)

Posted: 04 Dec 2010 08:50 AM PST

A fighter of the Movement for the Emancipation of the Niger Delta (MEND) holds a machine-gun at a Niger Delta camp in 2008. Nigeria's military pursued militants in the country's main oil-producing region after raiding three camps allegedly run by a notorious gang leader blamed for a series of crimes.(AFP/File/Pius Utomi Ekpei)AP - As the heavily armed Nigerian soldiers slipped closer to a suspected militant camp in the country's oil-rich southern delta, they were ready for a fight after suffering casualties only days earlier.


Senate bid to renew "middle class" tax cuts fails (Reuters)

Posted: 04 Dec 2010 09:14 AM PST

Reuters - Democratic measures to extend tax cuts for most Americans, but not additional low rates for the wealthiest, failed in the Senate on Saturday, as Republicans and some Democrats blocked the proposals.

SKorea trade pact could mean thousands of US jobs (AP)

Posted: 04 Dec 2010 05:30 AM PST

FILE - In this Nov. 8, 2010, US Trade Representative Ron Kirk arrives to meet his South Korean counterpart Kim Jong-hoon at the Foreign Ministry in Seoul, South Korea. The U.S. and South Korea have reached an agreement on a free trade deal sought by the Obama administration to boost American exports and create tens of thousands of U.S. jobs. (AP Photo/Ahn Young-joon, File)AP - The Obama administration is looking abroad to create thousands of jobs at home, with a newly forged trade deal with South Korea that could mean a big boost for the U.S. auto industry. The pact would be the largest since the North American Free Trade Agreement with Canada and Mexico in 1994.


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