Yahoo! News: Health News

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• Will corporate earnings justify gains? (Reuters)
• Late budget deal avoids costly shutdown (Reuters)
• Saudi Alwaleed backs Citigroup reverse stock split (Reuters)
• EU wants more Portugal austerity as EU unions protest (Reuters)
• EU's Rehn excludes Greek debt restructuring (Reuters)
• TMX deal opponent set to issue "minority" report (Reuters)
• Fed's Lockhart sees muted inflation effect from oil (Reuters)
• Banks to post profits, but loan growth elusive (Reuters)
• Spain says banks healthy while Berlin warns its laggards (Reuters)
• Don't fight an IRS audit by yourself, and other times to rely on a CPA (ContributorNetwork)
• EU finance ministers defend austerity (AP)
• House Investigates Trial Lawyers Who Ran Crisis Probe (Investor's Business Daily)
• Marine nuclear rescue team stands ready in Japan (AP)
• IRS squeezes every penny from citizens, but GE pays nothing (ContributorNetwork)
• Nissan makes temporary production cuts in Mexico (AFP)

Will corporate earnings justify gains? (Reuters) Posted: 08 Apr 2011 02:36 PM PDT Reuters - Investors will look to corporate profits and outlooks next week for confirmation the S&P 500 has another leg to its rally as the earnings season gets under way.

Late budget deal avoids costly shutdown (Reuters) Posted: 09 Apr 2011 01:00 AM PDT Reuters - President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers.

Saudi Alwaleed backs Citigroup reverse stock split (Reuters) Posted: 09 Apr 2011 06:08 AM PDT Reuters - Saudi billionaire Prince Alwaleed bin Talal said on Saturday he supports Citigroup's reverse stock split and reinstatement of its cash dividend.

EU wants more Portugal austerity as EU unions protest (Reuters) Posted: 09 Apr 2011 06:40 AM PDT Reuters - EU finance ministers on Saturday urged Portugal to commit to reforms and defended the region's austerity steps as tens of thousands of European workers protested in Budapest against spending cuts.

EU's Rehn excludes Greek debt restructuring (Reuters) Posted: 09 Apr 2011 05:39 AM PDT Reuters - A restructuring of Greek debt is out of the question, Economic and Monetary Affairs Commissioner Olli Rehn said on Saturday.

TMX deal opponent set to issue "minority" report (Reuters) Posted: 08 Apr 2011 10:08 AM PDT Reuters - A critic of plans to take over Canadian exchange operator TMX Group will put out a minority report that opposes recommendations to come from an Ontario legislative panel, raising the prospect that an early step in a complicated review process will approve the deal.

Fed's Lockhart sees muted inflation effect from oil (Reuters) Posted: 08 Apr 2011 07:08 AM PDT Reuters - Americans still expect inflation to remain stable, making it unlikely that recent spikes in commodity costs will lead to runaway increases in prices, a top Federal Reserve official said on Friday.

Banks to post profits, but loan growth elusive (Reuters) Posted: 08 Apr 2011 04:14 PM PDT Reuters - Investors looking for loan growth and surging revenues at the biggest U.S. banks, including Citigroup Inc are likely to be disappointed by first-quarter earnings.

Spain says banks healthy while Berlin warns its laggards (Reuters) Posted: 09 Apr 2011 07:36 AM PDT Reuters - Spain's finance minister said on Saturday that the results of stress tests on Spanish banks would reassure investors, contrasting with Germany which said any failing lenders would get no help from Berlin.

Don't fight an IRS audit by yourself, and other times to rely on a CPA (ContributorNetwork) Posted: 08 Apr 2011 11:54 AM PDT ContributorNetwork - As a tax professional with several years' worth of experience, it can be more than a little annoying to be compared to TurboTax. After all, what I do every day is not the same as a do-it-yourself tax preparation computer program.

EU finance ministers defend austerity (AP) Posted: 09 Apr 2011 04:56 AM PDT AP - European finance ministers on Saturday defended painful austerity measures as a necessary means to defeat the region's crippling debt crisis.

House Investigates Trial Lawyers Who Ran Crisis Probe (Investor's Business Daily) Posted: 08 Apr 2011 04:11 PM PDT Investor's Business Daily - The powerful House Oversight and Government Reform Committee is expanding its investigation of possible ethics violations by the Financial Crisis Inquiry Commission, including improper "backdoor communications" between the panel and trial lawyers suing major banks over subprime investments, IBD has learned.

Marine nuclear rescue team stands ready in Japan (AP) Posted: 09 Apr 2011 06:13 AM PDT AP - Wearing gas masks and baggy gray body suits, a special U.S. Marine Corps unit trained to rescue people in chemical, biological or nuclear emergencies held drills Saturday with Japanese counterparts, standing ready to help out if needed around the crippled Fukushima Dai-ichi nuclear plant.

IRS squeezes every penny from citizens, but GE pays nothing (ContributorNetwork) Posted: 08 Apr 2011 01:28 PM PDT ContributorNetwork - COMMENTARY | We're a few days from the April 15 tax deadline. I just received an IRS mail audit tapping us for an additional $708 on top of the thousands we paid in 2009.

Nissan makes temporary production cuts in Mexico (AFP) Posted: 08 Apr 2011 08:16 PM PDT AFP - Nissan Motor Co. plans to close for up to 15 days its two assembly plants in Mexico because of a shortage of parts from Japan after the March 11 earthquake and tsunami, the company said.

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