Monday, June 6, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall St slide extends on economy fears (Reuters)

Posted: 06 Jun 2011 09:03 AM PDT

Traders work on the floor of the New York Stock Exchange, June 1, 2011. REUTERS/Brendan McDermidReuters - The S&P 500 hit a more than two-month low on Monday as U.S. stocks extended a five-week decline on signs of a slowing economy.


Goldman may seek to counter Senate findings: report (Reuters)

Posted: 06 Jun 2011 05:55 AM PDT

The Goldman Sachs building is seen at 200 West Street, New York June 2, 2011. REUTERS/Shannon StapletonReuters - Goldman Sachs Group Inc could release documents to counter a Senate subcommittee report that said the bank misled clients about mortgage-linked securities, the Wall Street Journal reported, citing people familiar with the matter.


White House disappointed Fed nominee was thwarted (Reuters)

Posted: 06 Jun 2011 08:05 AM PDT

Reuters - The White House said on Monday it was disappointed Nobel Prize winner Peter Diamond's nomination to be a Federal Reserve governor was thwarted by "partisan obstructionism" and promised to name a new candidate soon.

ECB expected to signal July rate increase (Reuters)

Posted: 06 Jun 2011 06:33 AM PDT

European Central Bank (ECB) Governor Jean-Claude Trichet adjusts his glasses during a conference in Madrid on reforms of the financial system, May 13, 2011. REUTERS/Andrea ComasReuters - The European Central Bank is likely to signal a July interest rate rise on Thursday while continuing to provide banks with unlimited amounts of cash to help weaker lenders hit by the euro zone debt crisis.


Greece starts austerity push as nation seethes (Reuters)

Posted: 06 Jun 2011 07:27 AM PDT

Reuters - Greek Prime Minister George Papandreou started a campaign on Monday to secure a new international bailout by imposing years of austerity on a nation already seething over corruption and economic mismanagement.

U.S. pushed Goldman, others for legal loss estimate (Reuters)

Posted: 03 Jun 2011 04:34 PM PDT

Reuters - Goldman Sachs Group Inc and other banks disclosed estimates of potential losses from legal issues after pressure from Securities and Exchange Commission staff, according to documents released on Friday.

Egypt gets $3b IMF standby loan (AP)

Posted: 05 Jun 2011 12:58 PM PDT

AP - The International Monetary Fund on Sunday agreed to provide Egypt with $3 billion in financing to help the Arab world's most populous nation ease the blow to its economy sustained by the popular uprising that ousted former President Hosni Mubarak.

Spain farmers claim vindication on E. coli source (AP)

Posted: 06 Jun 2011 06:14 AM PDT

AP - Spanish farmers who took a financial beating after their cucumbers were initially blamed for a deadly E. coli outbreak in Germany say they have been vindicated now that the infection source apparently was German-grown sprouts.

A Guide to Buying Life Insurance (U.S. News & World Report)

Posted: 06 Jun 2011 07:02 AM PDT

U.S. News & World Report - Many people obtain life insurance when they first have children and then forget about it, except when the premium bill comes due. But an effective financial plan includes reexamining your life insurance needs throughout your life to ensure that the assets you've accumulated are protected and to provide additional opportunities to create wealth. Keep in mind that you never want to become insurance poor--overbuying insurance can be counterproductive as well.

IMF backs Britain's economic policy (AFP)

Posted: 06 Jun 2011 08:32 AM PDT

Britain's Chancellor of the Exchequer George Osborne (L) shakes hands with John Lipsky, acting head of the International Monetary Fund (IMF), after a press conference at the Treasury in central London on June 6, 2011. The International Monetary said Monday it saw no reason for the British government to change its economic policy as it seeks to slash a massive deficit.(AFP/POOL/Carl Court)AFP - The International Monetary Fund on Monday backed the British government's policy of cutting public spending to slash a massive structural deficit.


U.S. tries to reduce more homeowners' mortgages (Reuters)

Posted: 04 Jun 2011 02:44 PM PDT

A sign advertising new homes starting at the price of $100,000 is displayed in Chandler Heights, Arizona June 2, 2011. Consumers turned more pessimistic in May, while home prices fell back below crisis-era lows in March, pointing to an economy that continues to struggle. REUTERS/Joshua Lott (UNITED STATES - Tags: BUSINESS)Reuters - The Obama administration wants to help more struggling Americans stay in their homes by reducing the amount they owe on their troubled mortgages, a top Treasury official said on Saturday.


Oil prices dip before OPEC meeting (AFP)

Posted: 06 Jun 2011 04:02 AM PDT

Oil prices fell as traders took profits and geared up for this week's key OPEC meeting in Vienna.(AFP/DDP/File/Norbert Millauer)AFP - Oil prices fell on Monday as traders took profits and geared up for this week's key OPEC meeting in Vienna.


Quote Roundup: California Budget Crisis (ContributorNetwork)

Posted: 05 Jun 2011 12:38 PM PDT

ContributorNetwork - With $12 billion in disputed tax extensions unlikely to find voter approval, California Gov. Jerry Brown faces ire from both sides of the aisle. Union leadership urges the state of increase revenues, while the electorate is pushing back. Where do politicians stand in this tug-of-war between spending cuts and tax increases?

GM to build $130M computer center near Detroit (AP)

Posted: 06 Jun 2011 07:59 AM PDT

AP - General Motors says it will invest $130 million to consolidate global data operations to its technical center in the Detroit suburb of Warren.

Maintain Your Mental Well-Being (BusinessWeek)

Posted: 06 Jun 2011 05:08 AM PDT

BusinessWeek - This week the US government revised the food pyramid -- that diagram that's been with us for decades that is supposed to remind people how to eat well. The model needed a revision, and the new version, called Choose My Plate, is a big improvement.

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