Yahoo! News: Health News

---

• Wall Street cuts losses; materials sector up (Reuters)
• Bernanke: Reforms rein in big banks, help small ones (Reuters)
• New home sales plunge to record low in February (Reuters)
• Fed tells Bank of America to rein in dividend plan (Reuters)
• Goldman CEO: Ex-director leaked info to Rajaratnam (Reuters)
• Egypt to reopen stock market after 2-month closure (AP)
• China could overtake US economy by 2030: WBank (AFP)
• Mediaset 2010 earns up 29 percent (AP)
• Europe debt market tensions worsen ahead of summit (AP)
• The New York Times Gets It Backward (The Motley Fool)
• Dubai World finalizes debt deal with creditors (AP)
• Zara owner eyes Asia expansion after profit jump (AFP)
• US home sales slump to lowest level since 1960's (AFP)
• Oil up on Mideast unrest, U.S. gasoline stock drop (Reuters)
• Property Taxes Reach the Breaking Point (BusinessWeek)
• Toyota to delay Prius minivan launch after quake (AP)

Wall Street cuts losses; materials sector up (Reuters) Posted: 23 Mar 2011 08:47 AM PDT Reuters - U.S. stocks trimmed losses and the Dow briefly turned higher on Wednesday, with the S&P materials sector advancing.

Bernanke: Reforms rein in big banks, help small ones (Reuters) Posted: 23 Mar 2011 09:05 AM PDT Reuters - New financial regulatory reforms should help reduce the edge that large banks have over smaller ones because of their implicit support from government, Federal Reserve Chairman Ben Bernanke said on Wednesday.

New home sales plunge to record low in February (Reuters) Posted: 23 Mar 2011 07:39 AM PDT Reuters - New single-family home sales unexpectedly fell in February to hit a record low and prices were the lowest since December 2003, showing the housing market slide was deepening.

Fed tells Bank of America to rein in dividend plan (Reuters) Posted: 23 Mar 2011 08:19 AM PDT Reuters - The Federal Reserve objected to Bank of America Corp's plans to boost the dividend and told the bank to revise its proposal, sending its shares down 2.7 percent in morning trading.

Goldman CEO: Ex-director leaked info to Rajaratnam (Reuters) Posted: 23 Mar 2011 08:53 AM PDT Reuters - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein made his much-anticipated appearance at Raj Rajaratnam's trial, telling jurors a former director at Wall Street's most powerful bank leaked inside details to the accused hedge fund manager.

Egypt to reopen stock market after 2-month closure (AP) Posted: 22 Mar 2011 04:38 AM PDT AP - Egyptian investors are bracing for the expected reopening of the country's stock market that was shuttered for almost two months because of the protests that toppled Hosni Mubarak's regime.

China could overtake US economy by 2030: WBank (AFP) Posted: 23 Mar 2011 12:18 AM PDT AFP - China could overtake the United States as the world's largest economy if it maintains annual growth of eight percent over the next 20 years, the World Bank's chief economist said Wednesday.

Mediaset 2010 earns up 29 percent (AP) Posted: 23 Mar 2011 08:18 AM PDT AP - The Mediaset television empire founded by Silvio Berlusconi says its profits rose 29 percent last year.

Europe debt market tensions worsen ahead of summit (AP) Posted: 23 Mar 2011 08:30 AM PDT AP - Europe's debt market jitters flared up again Wednesday as investors worried about the near-term fates of Portugal and Ireland, an ill omen on the eve of a summit where EU leaders plan to complete their crisis-fighting plan.

The New York Times Gets It Backward (The Motley Fool) Posted: 22 Mar 2011 12:51 PM PDT The Motley Fool - The New York Times (NYSE: NYT - News) is facing a reality most news organizations will soon face: Relying on ads is a tough way to run an online news outlet. The Times will begin a "paywall" over the coming weeks, charging readers a monthly fee after a certain number of articles are viewed.

Dubai World finalizes debt deal with creditors (AP) Posted: 23 Mar 2011 09:15 AM PDT AP - Struggling state conglomerate Dubai World has signed a final agreement with creditors to restructure billions of dollars in debt, the city-state's government said Wednesday.

Zara owner eyes Asia expansion after profit jump (AFP) Posted: 23 Mar 2011 04:15 AM PDT AFP - Spain's Inditex, the world's largest fashion retailer and owner of the Zara brand, announced Wednesday bumper 2010 profits and revealed plans to broaden its rapid Asian expansion across China and India.

US home sales slump to lowest level since 1960's (AFP) Posted: 23 Mar 2011 08:41 AM PDT AFP - Sales of new homes in the United States have slumped to the lowest level since the 1960's, official data showed Wednesday, offering more evidence of an lingering real estate crisis.

Oil up on Mideast unrest, U.S. gasoline stock drop (Reuters) Posted: 23 Mar 2011 09:11 AM PDT Reuters - Oil rose on Wednesday as gasoline inventories in the United States fell more than expected and due to ongoing violence and unrest in the Middle East and North Africa, a vital part of global energy supply.

Property Taxes Reach the Breaking Point (BusinessWeek) Posted: 23 Mar 2011 05:08 AM PDT BusinessWeek - It really costs to own a home these days. Not only have home values fallen, leaving nearly one-quarter of residential mortgages under water, but also, local governments around the country have increased property taxes to make up for declining revenue from other sources.

Toyota to delay Prius minivan launch after quake (AP) Posted: 23 Mar 2011 03:56 AM PDT AP - Toyota Motor Corp. says it will delay the launch of the Prius hybrid minivan in Japan due to disruptions in parts supply following the March 11 earthquake and tsunami.

You are subscribed to email updates from Yahoo! News: Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610