Friday, April 8, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall Street flat, but commodity shares gain (Reuters)

Posted: 08 Apr 2011 08:46 AM PDT

The Dow Jones industrial average was down 17.26 points, or 0.14 percent, at 12,409.49. REUTERS/GraphicReuters - Investors chased materials and energy stocks on Friday in an otherwise lackluster start to Wall Street's last trading session before earnings season.


Fed's policy divide seen in views of two officials (Reuters)

Posted: 08 Apr 2011 08:50 AM PDT

Reuters - Dueling views on the outlook for inflation and U.S. monetary policy by two top Federal Reserve officials on Friday underscored divisions at the central bank as it nears the end of a controversial stimulus program.

SEC's Schapiro says private co's review in early stages (Reuters)

Posted: 08 Apr 2011 09:21 AM PDT

U.S. Securities and Exchange Commission Chairman Mary L. Schapiro speaks at the Society of American Business Editors and Writers conference held on the campus of Southern Methodist University in Dallas, Texas April 8, 2011. REUTERS/Mike StoneReuters - U.S. securities regulators are in the early stages of reviewing rules governing share issuances by private companies, Securities and Exchange Commission Chairman Mary Schapiro said on Friday.


J&J settles bribery, kickback allegations: SEC (Reuters)

Posted: 08 Apr 2011 09:14 AM PDT

Reuters - Johnson & Johnson has agreed to pay $70 million to settle U.S. charges that it paid bribes and kickbacks to win business overseas, the first major pharmaceutical company to settle since the Obama administration began its scrutiny of the industry more than a year ago.

Budget deal elusive, government shutdown looms (Reuters)

Posted: 08 Apr 2011 08:49 AM PDT

Reuters - With a government shutdown looming in hours, the White House and Congress worked furiously on Friday to break a budget deadlock that could idle hundreds of thousands of workers.

FTSE down 0.56% at close (AFP)

Posted: 07 Apr 2011 09:29 AM PDT

London stocks closed lower on Thursday, with traders edgy after the White House failed to resolve a budget crisis and news came of a fresh earthquake in Japan.(AFP/File/Shaun Curry)AFP - London stocks closed lower on Thursday, with traders edgy after the White House failed to resolve a budget crisis and news came of a fresh earthquake in Japan.


Jobless claims fall, retail sales stronger (Reuters)

Posted: 07 Apr 2011 03:35 PM PDT

Reuters - New claims for jobless benefits fell last week and retailers racked up much stronger-than-expected sales in March, signs that high fuel prices have not knocked the economy off its growth path.

Constellation Brands posts profit for 4Q (AP)

Posted: 07 Apr 2011 03:15 PM PDT

FILE - In this April 1, 2010 file photo, a customer places a case of  Corona Extra on the checkout counter for purchase at Susquehanna Beer and Soda in Marysville, Pa. The maker of Robert Mondavi wine and Svedka vodka posted a $279.8 million fourth-quarter profit Thursday, April 7, 2011, reversing a year-ago loss, as it saw a double-digit rise in wine sales in North America. (AP Photo/Carolyn Kaster)AP - Constellation Brands Inc. said Thursday that Americans brought home more wine through the holiday season, taking advantage of more discounts to trade up to higher-premium brands.


EU prepares 80 billion euro bailout for Portugal (AFP)

Posted: 08 Apr 2011 09:09 AM PDT

A man stands outside a newspaper kiosk in Lisbon. EU finance ministers are thrashing out a multi-billion-dollar debt rescue for Portugal, demanding tough conditions as they try to draw a line under a destabilising debt crisis.(AFP/Patricia de Melo Moreira)AFP - EU finance ministers on Friday thrashed out a multi-billion-dollar debt rescue for Portugal, demanding tough conditions as they try to draw a line under a destabilising debt crisis.


Will a Government Shutdown Actually Save Money? (The Motley Fool)

Posted: 08 Apr 2011 08:00 AM PDT

The Motley Fool - With a government shutdown looking likely this weekend, one question many sane people are asking is, "Why are we doing this?"

EU says Portugal needs about $114 billion in aid (AP)

Posted: 08 Apr 2011 06:38 AM PDT

Portuguese Finance Minister Fernando Teixeira Dos Santos, left arrives for a round table meeting of Eurogroup finance ministers in Godollo, Hungary, Friday, April 8, 2011. European finance ministers were wrangling over the size and terms of a rescue loan for Portugal at their meeting in Hungary, but uncertainty over how much the caretaker government in Lisbon can offer in return made a deal unlikely on Friday. Sign in back reads 'Strong Euro'.(AP Photo/Virginia Mayo)AP - Europe's top financial officials said Friday that debt-ridden Portugal will need around euro80 billion ($114 billion) in rescue loans and that negotiations over a full, multiyear bailout program will begin immediately.


8 Tips for a Successful Open House (U.S. News & World Report)

Posted: 07 Apr 2011 11:21 AM PDT

U.S. News & World Report - If your home is on the market, then you may already know that you're about to enter the high season for buyers. Spring, summer and fall are when most people look for, and buy, homes. In fact, April through July is when the majority of homes change hands, with June traditionally being the strongest month for home sales.

Brent jumps above $125 on supply worry, dollar (Reuters)

Posted: 08 Apr 2011 09:31 AM PDT

Commuters try to find transportation after the subway service was halted during a blackout in Caracas April 7, 2011. Power cuts hit several Venezuelan regions including parts of oil state Zulia and the capital Caracas on Thursday, government television and witnesses said, in the second major blackout to hit the OPEC member nation since last week. REUTERS/Carlos Garcia Rawlins (VENEZUELA - Tags: POLITICS ENERGY TRANSPORT)Reuters - Brent crude jumped to a 32-month high above $125 on Friday as commodities climbed in unison on a weaker dollar after attacks on Libyan oil fields made long-term supply cuts more likely.


APNewsBreak: IRS awards $4.5M to whistleblower (AP)

Posted: 08 Apr 2011 09:07 AM PDT

AP - An accountant who tipped off the IRS that his employer was skimping on taxes has received $4.5 million in the first IRS whistleblower award.

U.S. probes new steering complaints on Dodge pickups (Reuters)

Posted: 08 Apr 2011 09:25 AM PDT

Reuters - U.S. safety investigators have launched a new review of steering complaints in Dodge Ram pickup trucks that could result in a bigger recall of that vehicle, documents showed on Friday.

The Bountiful Loss (BusinessWeek)

Posted: 08 Apr 2011 05:08 AM PDT

BusinessWeek - An investor has capital-gains income from a sold-off stock position. Separately, the investor has other shares that are down an equal amount; if he sold them he'd realize a loss to offset the gains and pay no taxes. But no one likes to sell low. So he wants to use that loss without actually selling the shares. IRS rules prohibit investors from taking a loss against a gain and then buying the shares back within 30 days.

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