Friday, July 22, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Dow drops as Caterpillar profit misses view (Reuters)

Posted: 22 Jul 2011 08:58 AM PDT

The Dow Jones industrial average gained 152.50 points, or 1.21 percent, to 12,724.41. REUTERS/GraphicReuters - The Dow fell on Friday after disappointing results from Caterpillar and Microsoft, reversing optimism after a strong week of earnings.


GE tops Wall Street estimates on overseas demand (Reuters)

Posted: 22 Jul 2011 08:09 AM PDT

Reuters - General Electric Co notched a better-than-expected 21.6 percent rise in earnings, helped by strong demand for jet engines as well as equipment used in oil and natural gas production.

Caterpillar profit misses, shares fall (Reuters)

Posted: 22 Jul 2011 08:04 AM PDT

Reuters - Heavy machinery maker Caterpillar Inc disappointed Wall Street with a second-quarter earnings miss on Friday, hurt by higher costs for raw materials and labor, and its shares fell 6.5 percent in morning trading, dragging down the U.S. stock market.

Appeals court strikes down SEC's proxy access (Reuters)

Posted: 22 Jul 2011 08:44 AM PDT

The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. REUTERS/Jim BourgReuters - WASHINGTON (Reuters) -A U.S. appeals court has rejected a new Securities and Exchange Commission rule designed to make it easier for shareholders to nominate directors to corporate boards.


Insight: Fake Apple store cuts to core of China risk to brands (Reuters)

Posted: 22 Jul 2011 05:51 AM PDT

Reuters - A fake Apple store in China, made famous by a blog that said even the staff working there didn't realize it was a bogus outlet, is probably the most audacious example to date of the risks Western companies face in the booming Chinese market.

FTSE 100 shares rise at close (AFP)

Posted: 21 Jul 2011 09:06 AM PDT

London stock markets closed higher at the end of trade as eurozone leaders offered Greece some respite from its crippling debt burden.(AFP/File/Ben Stansall)AFP - London stock markets closed higher at the end of trade on Thursday as eurozone leaders offered Greece some respite from its crippling debt burden.


Economy's spring slump could last through summer (AP)

Posted: 21 Jul 2011 02:28 PM PDT

A recruiter for Farmers Insurance, right, greets people attending the Pittsburgh Career Fair on Thursday, July 21, 2011 in Pittsburgh. More people applied for unemployment benefits last week, evidence that layoffs are rising and the job market is weak. (AP Photo/Keith Srakocic)AP - The economy's spring slump appears to be extending into the summer, according to a slew of mixed data released Thursday.


Verizon's second-quarter earnings report, in brief (AP)

Posted: 22 Jul 2011 08:48 AM PDT

AP - IPHONE EFFECT: Verizon Wireless added 1.26 million subscribers under contract in the second quarter, more than it has in two and a half years. It was helped by the iPhone, which it started selling in February.

Analysis:Summit pact puts eurozone on bumpy road to fiscal union (Reuters)

Posted: 22 Jul 2011 07:48 AM PDT

Reuters - Angela Merkel will deny it, but Thursday's euro zone deal to rescue Greece again from the brink of bankruptcy puts Europe on the bumpy road to a fiscal union.

3 Stocks Near 52-Week Highs Worth Selling (The Motley Fool)

Posted: 22 Jul 2011 08:27 AM PDT

The Motley Fool - With a resolution to the U.S. debt ceiling still miles away and a long-term solution to Greece's debt troubles still not solidly on the table, it may seem odd that the S&P 500 is bucking the trend and flirting with new multi-year highs. For optimists, these rallies may seem like a dream come true. For skeptics like me, they're opportunities to see whether companies trading near their 52-week highs have actually earned their current valuations.

Cyprus to take austerity measures after explosion (AP)

Posted: 22 Jul 2011 05:14 AM PDT

AP - The Cyprus government says it has agreed with party leaders on an initial austerity package to buoy the Mediterranean island's beleaguered economy in the wake of a deadly blast that has triggered an energy crisis.

Amazon's next billion-dollar business eyed (Reuters)

Posted: 21 Jul 2011 06:56 PM PDT

A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. REUTERS/Rick WilkingReuters - Amazon.com Inc's cloud computing unit may be its next billion-dollar business and analysts will be watching for clues on how fast this secretive unit is growing when the Internet retailer reports results next week.


Mortgage rates for the past 52 weeks, at a glance (AP)

Posted: 21 Jul 2011 12:23 PM PDT

AP - Mortgage rates for the past 52 weeks, at a glance

Schlumberger 2Q profit jumps 64 pct (AP)

Posted: 22 Jul 2011 04:49 AM PDT

AP - Schlumberger Ltd. said Friday that second-quarter profits jumped 64 percent on a surge in North American oil drilling.

Obama makes debt case at town hall Friday (AP)

Posted: 22 Jul 2011 09:00 AM PDT

President Barack Obama during his Town Hall at the Ritchie Coliseum on the campus of University of Maryland, Friday, July 22, 2011 in College Park, Md. (AP Photo/Pablo Martinez Monsivais)AP - Less than two weeks away from an unprecedented government default, President Barack Obama sought Friday to pressure House Republicans to come around to a deal that he insisted must include new taxes as well as unpalatable spending cuts.


Chart: Google+ Hit 10 Million Users 50 Times Faster Than Facebook (The Atlantic Wire)

Posted: 22 Jul 2011 08:50 AM PDT

The Atlantic Wire - Today's Chart of the Day demonstrates just how quickly Google+ has grown since its launch on June 18. It compares the amount of time it took each of the three major social networks to reach 10 million users. (We can call Facebook, Twitter, and Google+ the Big Three now, right? Just like the Big Three in the American auto industry, or the Miami Heat.) The chart has been making its rounds across the Internet today since its creator, Leon Håland, uploaded it on Google+ (of course). It only took 16 days for the nascent social network to sign up 10 million users, which is approximately 50 times faster than Twitter's or Facebook's dash to that mark.

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