Wednesday, April 6, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall Street dances in place ahead of earnings (Reuters)

Posted: 06 Apr 2011 09:05 AM PDT

Traders work on the floor at the New York Stock Exchange, March 21, 2011. REUTERS/Brendan McDermidReuters - The S&P 500 wavered near a seven-week high on low volume on Wednesday as investors refrained from making big bets before the start of earnings season next week provides the next catalyst for stocks.


Dish wins Blockbuster auction for $320 million (Reuters)

Posted: 06 Apr 2011 07:44 AM PDT

Reuters - Dish Network Corp won Blockbuster Inc in a bankruptcy auction for about $320 million, boosting the satellite TV provider's online features and marketing reach.

Congress still billions apart on budget deal (Reuters)

Posted: 06 Apr 2011 09:05 AM PDT

Reuters - Congressional negotiators on Wednesday raced against a looming deadline to agree on billions of dollars in spending cuts in a budget deal that keeps the federal government operating beyond Friday.

Fed's Lockhart says not yet time to raise rates (Reuters)

Posted: 06 Apr 2011 06:14 AM PDT

CEO of the Federal Reserve Bank in Atlanta Dennis Lockhart listens during a presentation at the American Economic Association Conference in Atlanta, Georgia, January 4, 2010. REUTERS/Tami ChappellReuters - The U.S. economy remains too fragile for the Federal Reserve to begin raising interest rates, the president of the Atlanta Fed, Dennis Lockhart, said on Wednesday.


Two charged over insider trading tied to law firms (Reuters)

Posted: 06 Apr 2011 08:39 AM PDT

Reuters - A corporate lawyer and a trader were charged Wednesday with running a 17-year conspiracy to trade on secrets about corporate mergers stolen from three of the nation's most prominent law firms, in one of the largest U.S. insider trading cases on record,

Deutsche Boerse can bide its time with NYSE bid: analysts (AFP)

Posted: 05 Apr 2011 10:21 AM PDT

Traders work at the Stock Exchange in the central German city of Frankfurt am Main in March 2011. German market operator Deutsche Boerse could stand by its offer for the New York Stock Exchange and hope a rival bid by Nasdaq OMX falls apart owing to heavy debt and other risks, analysts say.(AFP/File/Daniel Roland)AFP - German market operator Deutsche Boerse could stand by its offer for the New York Stock Exchange and hope a rival bid by Nasdaq OMX falls apart owing to heavy debt and other risks, analysts say.


Gov't shutdown poses big risks to both parties (AP)

Posted: 06 Apr 2011 03:14 AM PDT

President Barack Obama gestures while speaking about the possible government shutdown, Tuesday, April 5, 2011, at the White House in Washington. (AP Photo/Charles Dharapak)AP - Democrats and Republicans say the last thing they want to do is to shut down the government. But with budget talks showing little signs of a breakthrough, there are growing worries that a stalemate could hurt the economy's fragile recovery.


Monsanto posts 2Q profit but forecast disappoints (AP)

Posted: 06 Apr 2011 09:13 AM PDT

In this April 4, 2011 photo, central Illinois corn and soybean farmer Gary Niemeyer readies his DEKALB seed corn for spring planting at his farm near Auburn, Ill. Monsanto Co. said Wednesday, April 6, rising corn seed sales helped boost its second-quarter net income 15 percent compared to last year. (AP Photo/Seth Perlman)AP - Rising corn seed sales helped boost Monsanto Co.'s second-quarter profit by 15 percent compared to last year, but the company warned that seed discounts and continued losses on its popular Roundup Herbicide would trim profits for 2011.


Portugal raises $1.4B at high cost as rescue looms (AP)

Posted: 06 Apr 2011 07:46 AM PDT

A woman points at a poster during a demonstration of Libyan supporters of Moammar Gadhafi, outside a hotel where most of the foreign media representatives are staying, in Tripoli, Libya, Thursday, March 31, 2011. The defection of Libya's foreign minister, a member of Moammar Gadhafi's inner circle, is the latest sign that the embattled regime is cracking at the highest levels as the West keeps up pressure on the longtime leader to relinquish power. (AP Photo/Albert Facelly,Sipa Press) FRANCE OUT, UK OUT, NO SALES IN EUROPEAP - Portugal managed to raise about euro1 billion ($1.4 billion) in a Treasury bill sale Wednesday but paid a high rate for the cash as it appears inevitable the debt-stressed country will soon need a massive bailout.


Should You Pay Off Your Mortgage or Invest? (U.S. News & World Report)

Posted: 06 Apr 2011 08:28 AM PDT

U.S. News & World Report - Clients often ask if they should pay off their mortgage with their savings or take that nest egg and put it to work in the market. My answer: It depends, but in today's interest rate and market environment, I would likely suggest investing.

India airlines flying into stronger profits: study (AFP)

Posted: 06 Apr 2011 09:12 AM PDT

A Jet Airways plane approaches Ahmedabad airport in 2010. India's private airlines are set to post stronger profits this year and order up to 200 new aircraft as the economy rebounds from the global financial crisis, a study said on Wednesday.(AFP/File/Sam Panthaky)AFP - India's private airlines are set to post stronger profits this year and order up to 200 new aircraft as the economy rebounds from the global financial crisis, a study said on Wednesday.


Marks & Spencer sales rise, but warns on outlook (AFP)

Posted: 06 Apr 2011 12:45 AM PDT

British retailer Marks & Spencer said group sales rose 2.3 percent in its fourth quarter but warned of an AFP - British retailer Marks & Spencer said Wednesday that group sales rose 2.3 percent in its fourth quarter but warned of an "increasingly challenging" outlook, in part due to higher commodity prices.


Spain's Bankia to exclude riskier assets from listing (AFP)

Posted: 06 Apr 2011 03:31 AM PDT

Spain's largest grouping of savings banks, Bankia, will exclude riskier assets such as foreclosed land and bad loans from its planned initial public offering.(AFP/File/Peter Muhly)AFP - Spain's largest grouping of savings banks, Bankia, will exclude riskier assets such as foreclosed land and bad loans from its planned initial public offering.


Oil jumps above $109 a barrel (AP)

Posted: 06 Apr 2011 08:34 AM PDT

San Bruno resident Bill Magoolaghan, left, addresses the California Public Utilities Commission as Chris Torres, at right, listens in San Bruno, Calif., Tuesday, April 5, 2011. Magoolaghan's home suffered significant damage during a pipeline explosion while Torres' mother was killed in the blast. Survivors of a deadly gas pipeline explosion that ravaged a suburban neighborhood near San Francisco testified before California regulators on Tuesday, as officials sought input on how to strengthen crucial safety rules for the industry. (AP Photo/Marcio Jose Sanchez)AP - Oil rose Wednesday as the dollar declined against other major currencies.


GOP plan to cut top tax rate short on details (AP)

Posted: 06 Apr 2011 12:18 AM PDT

House Majority Leader Eric Cantor of Va., right, accompanied by, from left, House Budget Committee Chairman Rep. Paul Ryan, R-Wis., House Majority Whip Kevin McCarthy of Calif., and Rep. Jeb Hensarling, R-Texas,gestures during a news conference on Capitol Hill in Washington, Tuesday, April 5, 2011.  (AP Photo/Carolyn Kaster)AP - With an ambitious plan that's short on details, House Republicans are calling for big cuts in corporate and individual income tax rates, financed by eliminating scores of credits, deductions and exemptions, many enjoyed by millions of taxpayers.


India's Maruti recalls 13,000 diesel cars (AFP)

Posted: 06 Apr 2011 09:00 AM PDT

Maruti-Suzuki Swift cars roll off the assembly line at a plant in India's Haryana state some 50 kms South of New Delhi in 2007. India's biggest carmaker Maruti Suzuki announced its second recall in just over a year on Wednesday, saying more than 13,000 diesel models would be checked for a possibly faulty engine component.(AFP/File/Prakash Singh)AFP - India's biggest carmaker Maruti Suzuki announced its second recall in just over a year on Wednesday, saying more than 13,000 diesel models would be checked for a possibly faulty engine component.


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