Tuesday, July 5, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Wall St consolidates rally, more choppiness seen (Reuters)

Posted: 05 Jul 2011 09:13 AM PDT

Traders work on the floor of the New York Stock Exchange June 29, 2011. REUTERS/Brendan McDermidReuters - Wall Street consolidated on Tuesday after its best week in two years with choppy, low-volume trading seen during the rest of the summer.

Analysis: Default needed to lure long-term buyers back to Greece (Reuters)

Posted: 05 Jul 2011 07:44 AM PDT

Reuters - Long-term investors standing aloof from the Greek debt crisis want holders of its government bonds to take a loss big enough to slash the country's debt to sustainable levels before they consider returning.

Factory orders rebound in May, shipments edge up (Reuters)

Posted: 05 Jul 2011 07:36 AM PDT

Reuters - New orders received by factories bounced back in May, boosted by demand for transportation equipment and a range of other products, pointing to underlying strength in manufacturing.

Bargains seen helping June chain-store sales (Reuters)

Posted: 05 Jul 2011 08:32 AM PDT

Reuters - U.S. retailers are expected to report healthy sales gains for June, as bargains brought in nervous shoppers, leaving some wondering whether too much discounting may crimp second-quarter profits.

Strauss-Kahn faces home hurdle as U.S. woes ease (Reuters)

Posted: 05 Jul 2011 06:00 AM PDT

Reuters - Former IMF chief Dominique Strauss-Kahn inched closer on Tuesday to having U.S. sex assault charges against him dropped although a complaint of assault in France could pose a further hurdle to any political comeback.

FTSE struggles on banking sector losses (AFP)

Posted: 04 Jul 2011 02:19 AM PDT

Shares in London struggled in early deals on Monday, despite bumper gains in Asia, with banks hit by fears of exposure to the Greek debt crisis after a default warning from Standard & Poor's, dealers said.(AFP/File/Ben Stansall)AFP - Shares in London struggled in early deals on Monday, despite bumper gains in Asia, with banks hit by fears of exposure to the Greek debt crisis after a default warning from Standard & Poor's, dealers said.

Greek fiscal survival vital for euro zone: Finance Minister (Reuters)

Posted: 05 Jul 2011 01:46 AM PDT

Greece's Finance Minister Evangelos Venizelos speaks to a Reuters correspondent during an interview in Athens July 1, 2011. REUTERS/Yiorgos KarahalisReuters - Greece will stave off default not only for its own sake but because its survival is vital for the euro zone and the global economy, Greek Finance Minister Evangelos Venizelos told Reuters on Monday.

Samsung's quarterly profit seen down on LCDs (Reuters)

Posted: 04 Jul 2011 10:34 PM PDT

Reuters - Samsung Electronics, the world's top maker of memory chips and televisions, is likely to report sharply lower second-quarter earnings this week, hit by a loss at its LCD display unit and as weak demand for computers hit sales of its semiconductors.

German court hears case against euro bailouts (Reuters)

Posted: 05 Jul 2011 08:50 AM PDT

Reuters - Germany's top court began hearing legal challenges on Tuesday against last year's bailouts of debt-stricken euro zone peers in a move that could affect Berlin's room for maneuver in future rescue packages.

Borrowers sue over apparent loan mod mishaps (AP)

Posted: 05 Jul 2011 09:27 AM PDT

AP - It seemed Maria Campusano's financial problems were behind her when the mortgage on her Victorian home in a Massachusetts mill town was chopped by hundreds of dollars a month.

Lagarde takes up IMF post, replacing Strauss-Kahn (AFP)

Posted: 05 Jul 2011 09:03 AM PDT

Former French finance minister Christine Lagarde, newly appointed managing director of the International Monetary Fund, arrives for her first day of work at IMF headquarters in Washington, DC on July 5, 2011. Lagarde took up her post as the new head of the IMF Tuesday, after countryman Dominique Strauss-Kahn quit in May to fight sexual assault charges.(AFP/Getty Images/Win McNamee)AFP - Former French finance minister Christine Lagarde took up her post as the new head of the International Monetary Fund Tuesday, after countryman Dominique Strauss-Kahn quit in May to fight sexual assault charges.

Husky bets big on north Canada oil drilling rights (Reuters)

Posted: 05 Jul 2011 09:27 AM PDT

Reuters - Husky Energy Inc has opened its wallet to grab the lion's share of C$534 million ($556 million) of winning bids for oil-drilling rights in the central Mackenzie Valley area of Canada's far north, sparking speculation it may be chasing a rich prospect.

GM's China first-half sales rise 5.3% (AFP)

Posted: 05 Jul 2011 06:18 AM PDT

A General Motors Buick minivan (front center between bus and taxi) drives during morning rush hour traffic along in Beijing in 2009. General Motors said Tuesday its sales in China, the world's largest auto market, rose 5.3 percent on-year in the first half of 2011 to a record 1.27 million vehicles.(AFP/File/Frederic J. Brown)AFP - General Motors said Tuesday its sales in China, the world's largest auto market, rose 5.3 percent on-year in the first half of 2011 to a record 1.27 million vehicles.
Posted by Harshad at 9:40 AM

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