Tuesday, June 7, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall Street rises after selloff, investors cautious (Reuters)

Posted: 07 Jun 2011 07:44 AM PDT

The Dow Jones industrial average dropped 61.15 points, or 0.50 percent, to 12,090.11. REUTERS/GraphicReuters - Wall Street bounced in lackluster trading on Tuesday, a day after the S&P 500 fell to it lowest in over two months, with a market downtrend seen intact as investors remained gloomy about the economy.


Obama says Europe's debt crisis must be contained (Reuters)

Posted: 07 Jun 2011 09:01 AM PDT

German Chancellor Angela Merkel listens to U.S. President Barack Obama as he speaks during an official State Arrival ceremony for Merkel on the South Lawn at the White House in Washington June 7, 2011. REUTERS/Jim YoungReuters - President Barack Obama said on Tuesday that he and German Chancellor Angela Merkel agreed that Europe's debt crisis must be contained.


EU must make tough decisions on Greek rescue: IMF (Reuters)

Posted: 07 Jun 2011 08:51 AM PDT

Protesters raise arms in front of the Greek parliament during a rally against austerity economic measures and corruption in Athens' Constitution (Syntagma) square June 5, 2011. REUTERS/Pascal RossignolReuters - Europe must take tough decisions before the IMF can release its next block of aid for Greece, the Fund warned on Tuesday, while ratings agencies and German banks cast doubt on whether private investors can be expected to help.


Shaky economy worries GM CEO (Reuters)

Posted: 07 Jun 2011 08:22 AM PDT

GM Chief Executive Daniel Akerson answers a question at a news conference in Beijing February 15, 2011. REUTERS/Jason LeeReuters - The shaky U.S. economy, facing stubbornly high unemployment and volatile oil prices, is one of the main worries facing General Motors Co, according to the head of the largest U.S. automaker.


Job openings fall in April, hiring rate eases (Reuters)

Posted: 07 Jun 2011 08:55 AM PDT

Job seekers attend a career fair at Rutgers University in New Brunswick, New Jersey, January 6, 2011. REUTERS/Mike SegarReuters - U.S. job openings were harder to come by in April as private sector hiring ebbed, further evidence that the labor market remains precarious, Labor Department data showed on Tuesday.


How the major stock indexes fared Monday (AP)

Posted: 06 Jun 2011 02:36 PM PDT

AP - Stocks were lower for a fourth straight day. Banks and energy companies led the decline. Continued concerns about a slowing economy also weighed on the broader market.

US waits for economic reforms by new partner India (AP)

Posted: 07 Jun 2011 12:44 AM PDT

FILE - In this March 16 2006 file photo, the C-17 cargo plane assembly area is shown at the Boeing plant in Long Beach, Calif. There was excitement at Boeing's Long Beach C-17 assembly plant on Monday, June 6, 2011, after word that a $4 billion order from India for 10 of the giant cargo jets was hours away from two final signatures. (AP Photo/Stefano Paltera)AP - President Barack Obama calls U.S. relations with India a defining partnership of the 21st century. But despite India's approval this week of a major defense deal, the U.S. still has a hard time doing business with the world's second most populous nation.


EU to increase aid offer to farmers hit by E.coli (Reuters)

Posted: 07 Jun 2011 09:18 AM PDT

Reuters - The European Union's farm chief said on Tuesday he was prepared to increase substantially his initial offer of 150 million euros ($220 million) in financial compensation for farmers hit by a deadly E.coli outbreak.

Grubb & Ellis Healthcare REIT II extends IPO (AP)

Posted: 07 Jun 2011 01:56 AM PDT

AP - Grubb & Ellis Healthcare REIT II Inc. has extended its initial public offering by 12 more months.

Lagarde's IMF pitch fails to win Indian backing (AFP)

Posted: 07 Jun 2011 07:44 AM PDT

French Minister for Economy, Finance and Industry Christine Lagarde (lef) talks with Indian Prime Minister Manmohan Singh (right) during a meeting in New Delhi on Tuesday. France's Christine Lagarde brought her IMF roadshow to India in the latest leg of a world tour aimed at overcoming opposition in emerging countries to her bid to lead the institution.(AFP/Prakash Singh)AFP - France's Christine Lagarde failed on Tuesday to win public backing from India for her bid to lead the IMF as she continued her global roadshow aimed at overcoming opposition in emerging countries.


Japan online retailer Rakuten buys Brazil's Ikeda (AP)

Posted: 07 Jun 2011 02:38 AM PDT

AP - Rakuten Inc. said Tuesday it bought a majority stake in Brazilian e-commerce company Ikeda, adding to a growing list of overseas deals inked by the Japanese online retailer.

Homeowner Foreclosures on Bank of America (Yes, You Heard That Right) (Time.com)

Posted: 06 Jun 2011 01:50 PM PDT

Time.com - In a modern-day evocation of David's slingshot triumph over Goliath, a couple of foreclosed homeowners in Naples, Florida reportedly foreclosed on a Bank of America branch last week

OPEC cartel mulls output hike amid Libya divisions (AFP)

Posted: 07 Jun 2011 09:02 AM PDT

Oil prices were mixed Tuesday on the eve of an OPEC output meeting which may decide to increase the cartel's crude output despite faltering energy demand, analysts said.(AFP/File/Jeff Pachoud)AFP - The OPEC oil cartel mulled a possible output boost Tuesday on the eve of a crucial production meeting against a background of deep divisions over Libya and consumer calls for lower prices.


Pawlenty: Obama satisfied with 2nd-rate US economy (AP)

Posted: 07 Jun 2011 08:42 AM PDT

AP - Republican Tim Pawlenty says President Barack Obama is satisfied with a second-rate American economy "produced by his third-rate policies."

Ford sets goal to expand sales in Asia (AP)

Posted: 07 Jun 2011 09:25 AM PDT

Alan Mulally, center, President and CEO of the Ford Motor Company, gestures as he prepares to ring the New York Stock Exchange opening bell, Tuesday, June 7, 2011. (AP Photo/Richard Drew)AP - Ford Motor Co. said Tuesday it wants to expand its global sales by 50 percent by the middle of this decade, mostly through growth in Asia.


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