Monday, December 27, 2010

Yahoo! News: Health News

Yahoo! News: Health News


Wall Street dips after China rate hike, volume thin (Reuters)

Posted: 27 Dec 2010 07:33 AM PST

Traders work on the floor of the New York Stock Exchange December 2, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks slipped on Monday as a surprise interest rate hike from China's central bank over the weekend prompted investors, worried about demand, to sell equities.


China vows lending control to tame inflation (Reuters)

Posted: 27 Dec 2010 03:33 AM PST

Reuters - China's central bank took aim at inflation once again on Monday by saying it will control lending and money growth in the world's second-biggest economy to head off price pressures and asset bubbles.

H&R Block says HSBC terminates tax-refund loan funding pact (Reuters)

Posted: 27 Dec 2010 07:30 AM PST

Reuters - H&R Block Inc has said HSBC Holdings Plc will not provide funding for the no.1 U.S. tax preparer's refund-anticipation loans, or RALs, after U.S. regulators ordered the lender to terminate the contract.

Global stocks dip, oil down after China rate rise (Reuters)

Posted: 27 Dec 2010 08:56 AM PST

People look at an electronic board at a brokerage house in Shanghai December 27, 2010. China's key stock index ended down 1.9 percent on Monday, wiping out an earlier 1.5 percent gain, as investors dumped property, financial and energy shares on concerns about their longer-term outlook after a short-lived relief rally in the morning. REUTERS/Aly SongReuters - China's Christmas Day interest rate rise and a severe blizzard that blanketed the northeastern United States left U.S. share prices weak and the U.S. dollar lower in thin markets on Monday.


Snowstorm chills end of holiday shopping season (Reuters)

Posted: 27 Dec 2010 08:24 AM PST

A truck stuck in a snow bank is shoveled out as blizzard-like conditions due to high winds continue in Hoboken, New Jersey, December 27, 2010. REUTERS/Gary HershornReuters - A major snowstorm on the East Coast kept many people away from malls just after Christmas, casting a pall on the final act of the holiday shopping season.


Summary Box: Stocks mixed before Christmas holiday (AP)

Posted: 23 Dec 2010 02:21 PM PST

AP - SLUGGISH: The Commerce Department reported that consumer spending rose 0.4 percent in November, slightly below expectations. The Labor Department said the number of people applying for unemployment insurance dropped by 3,000 last week to 420,000.

Egypt GDP growth seen 5.8-6.0 percent in fiscal 2010/11 (Reuters)

Posted: 25 Dec 2010 01:55 PM PST

Reuters - Egypt's gross domestic product is expected to grow by about 5.8 to 6.0 percent in the fiscal year to end-June 2011, the ruling National Democratic Party said in a statement on Saturday.

Russian tycoon Khodorkovsky again found guilty (AP)

Posted: 27 Dec 2010 07:15 AM PST

Mikhail Khodorkovsky stands behind bars at a court room in Moscow, Monday, Dec. 27, 2010. A Russian judge starts delivering the verdict in the second trial of jailed oil tycoon Mikhail Khodorkovsky, once Russia's richest man who is serving an eight-year sentence in a case widely seen as punishment for challenging the Kremlin and is now facing several more years in prison if convicted. (AP Photo/Sergey Ponomarev)AP - Mikhail Khodorkovsky was convicted Monday of stealing oil from his own company and laundering the proceeds, a verdict likely to keep the oil tycoon who once challenged the power of Vladimir Putin behind bars for several more years.


50 Ways to Improve Your Finances in 2011 (U.S. News & World Report)

Posted: 27 Dec 2010 06:15 AM PST

U.S. News & World Report - Whether you want to ramp up your earning power, finally start a retirement savings account, or just stop feeling like you're wasting money, now is the time to put together your New Year's resolutions. We've pulled together 50 ways you can improve your financial life in 2011, based on the latest economic research and interviews with financial experts. These ideas, which focus on spending, saving, and earning, give you the tools for a complete financial makeover.

BSE Sensex falls; metals, telecoms lead losses (Reuters)

Posted: 27 Dec 2010 04:09 AM PST

People walk past the Bombay Stock Exchange (BSE) building in Mumbai January 9, 2009. REUTERS/Punit Paranjpe/FilesReuters - BSE Sensex closed 0.2 percent lower on Monday as investors locked in some gains, riding on an early rise in a market that had hit a six-week closing high last week, with little direction coming from world markets ahead


Retailers roll out sales as snow hits East Coast (AP)

Posted: 26 Dec 2010 06:26 PM PST

Shoppers make their way in the snow in Union Square, Sunday, Dec. 26, 2010 in New York.  (AP Photo/Mary Altaffer)AP - An East Coast snowstorm put a damper on after-Christmas shopping Sunday. But shoppers across the rest of the country searched clearance racks and spent gift cards in the afterglow of the best holiday season for retailers since 2007.


GE Capital sells $2B Mexican mortgage portfolio (AP)

Posted: 24 Dec 2010 01:04 PM PST

FILE - In this Dec. 2, 2008 file photo, a General Electric (GE) sign is displayed at Western Appliance store in Mountain View, Calif. GE Capital said Friday, Dec. 24, 2010 it will sell a Mexican consumer mortgage business that includes a $2 billion loan portfolio to Grupo Financiero Santander Mexico. The lending unit of Fairfield, Conn.-based General Electric Co. will receive about $170 million, according to a company official who wasn't authorized to talk about the deal. (AP Photo/Paul Sakuma, File)AP - GE Capital will sell its $2 billion Mexican consumer mortgage portfolio to Grupo Financiero Santander Mexico, in the latest sale of real estate assets for a business that was stung badly during the recession.


Iraq oil production tops 2.6m barrels a day (AFP)

Posted: 27 Dec 2010 08:31 AM PST

Workers stand outside the second refinery for crude oil in the Al-Dora refinery complex during its official opening ceremony in Baghdad, September 2010. Iraq's oil output has risen to more than 2.6 million barrels a day, its highest level for two decades, Oil Minister Abdulkarim al-Luaybi said after a ceremony to mark his official takeover of the ministry.(AFP/File/Ahmad al-Rubaye)AFP - Iraq's oil output has risen to more than 2.6 million barrels a day, its highest level for two decades, Oil Minister Abdulkarim al-Luaybi said Monday after a ceremony to mark his official takeover of the ministry.


Tesla Motors lock-up period ends, share price down (Reuters)

Posted: 27 Dec 2010 08:44 AM PST

Reuters - Shares of Tesla Motors fell about 13 percent on Monday, the day the electric carmaker's "lock-up period" expired, flooding the stock market with shares.

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