Wednesday, August 24, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall Street slips as Fed uncertainty weighs (Reuters)

Posted: 24 Aug 2011 09:33 AM PDT

A trader works on the floor of the New York Stock Exchange August 22, 2011. REUTERS/Brendan McDermidReuters - Wall Street bounced around in choppy trading on Wednesday after an early stocks rally faded on uncertainty about Federal Reserve Chairman Ben Bernanke's speech to central bankers on Friday.


Strong durable goods data ease recession fears (Reuters)

Posted: 24 Aug 2011 08:16 AM PDT

Reuters - New orders for a range of long-lasting U.S. manufactured goods rose in July, offering hope the ailing economy could dodge a second recession, even though a gauge of business spending fell.

Google settles pharmacy charges for $500 million: report (Reuters)

Posted: 24 Aug 2011 08:22 AM PDT

Kathleen Martin-Weis, acting director of the FDA office of criminal investigations, and Peter Neronha, U.S. attorney for the district of Rhode Island, announce a $500 million settlement with Internet giant Google over Canadian drug advertisements Wednesday, Aug. 24, 2011, in Providence, R.I. The agreement settles a federal investigation into Google's distribution of online ads from Canadian pharmacies that were illegally selling prescription and non-prescription drugs to American consumers. (AP Photo/Joe Giblin)Reuters - Google Inc will pay $500 million to settle government charges that it showed ads for pharmacies that operate illegally, regulators are expected to announce on Wednesday, according to a report in the New York Times.


U.S. budget improves, economy weighs: CBO (Reuters)

Posted: 24 Aug 2011 08:31 AM PDT

Reuters - A sweeping U.S. budget deal has brightened the country's fiscal outlook but unemployment will remain high over the near term, nonpartisan congressional forecasters said on Wednesday.

BofA shares rise 10 percent in morning trading (Reuters)

Posted: 24 Aug 2011 08:29 AM PDT

Pedestrians walk past a Bank of America sign on the street in New York March 8, 2011. REUTERS/Lucas JacksonReuters - Bank of America Corp shares rose as much as 10 percent in morning trading on Wednesday after analysts said the bank's capital needs were not as dire as some estimates.


Brent rises toward $109 as fighting continues in Libya (Reuters)

Posted: 23 Aug 2011 01:26 AM PDT

A customer fills his Aston Martin DB9 car at a petrol station, in south London, March 2, 2011. REUTERS/Andrew WinningReuters - Brent crude rose toward $109 on Tuesday, while U.S. crude was up more than $1 as fighting in Libya continued and in anticipation of a fall in U.S. crude stockpiles.


Mortgage purchase applications at 15-year low: MBA (Reuters)

Posted: 24 Aug 2011 04:13 AM PDT

Workers construct the roof of a house in Phoenix, Arizona, August 23, 2011. The Commerce Department said new single-family home sales slipped 0.7 percent to a seasonally adjusted 298,000-unit annual rate, the lowest since February. REUTERS/Joshua Lott (UNITED STATES - Tags: BUSINESS CONSTRUCTION)Reuters - Home mortgage applications for purchases fell to a nearly 15-year low last week as resurgent worries about the strength of the economy kept buyers at bay, an industry group said on Wednesday.


Summary Box: Toll Brothers 3rd-qtr profit climbs (AP)

Posted: 24 Aug 2011 07:46 AM PDT

AP - THE PERFORMANCE: Luxury homebuilder Toll Brothers Inc. reported third-quarter net income of 25 cents per share on revenue of $394.3 million. Analysts surveyed by FactSet predicted earnings of 4 cents per share on revenue of $409.2 million.

France cuts growth targets, unveils austerity plan (AP)

Posted: 24 Aug 2011 09:32 AM PDT

AP - The French prime minister says France won't reach its economic growth targets this year or next and he is announcing euro11 billion ($15.9 billion) in new austerity measures.

1 Secret to Finding Great Stocks (The Motley Fool)

Posted: 23 Aug 2011 10:43 AM PDT

The Motley Fool - Have you ever noticed that some brands define who a person is? Recently, I've noticed people wearing Toms Shoes, a company that donates a pair of shoes for every pair purchased. Whenever I see someone wearing Toms Shoes, I feel like I understand a core part of who they are.

Dubai developer Nakheel completes restructuring (AP)

Posted: 24 Aug 2011 05:16 AM PDT

AP - Nakheel, the indebted state developer behind Dubai's man-made islands, said Wednesday it has completed its long-awaited financial restructuring and will issue $1 billion in Islamic bonds to some of its creditors.

New-home sales fall, 2011 could be worst year yet (AP)

Posted: 23 Aug 2011 01:42 PM PDT

Builders frame a new home Monday, Aug. 22, 2011, in Queen Creek, Ariz. The number of people who bought new homes fell for the fourth straight month. Sales this year are on track to finish as the worst on records dating back half a century. (AP Photo/Matt York)AP - Sales of new homes fell for the third straight month in July, a sign that housing remains a drag on the economy. If the current pace continues, 2011 would be the worst year for new-home sales on records dating back at least half a century.


EU embargo on Syrian oil likely next week: diplomats (Reuters)

Posted: 24 Aug 2011 09:37 AM PDT

Reuters - European Union governments are likely to impose an embargo on imports of Syrian oil by the end of next week to ratchet up pressure on President Bashar al-Assad, although new sanctions may be less stringent than those imposed by Washington, EU diplomats said on Wednesday.

Only Meaningful Job Creation Makes Any Sense (ContributorNetwork)

Posted: 23 Aug 2011 05:36 PM PDT

ContributorNetwork - COMMENTARY | Right after Labor Day, President Barack Obama is going to lay out a plan to create jobs in America. Many expect his package to hold broad tax cuts and offer aggressive construction plans to aid the infrastructure of America. Since unemployment is around the 9 percent mark, election jitters for 2012 are probably starting to take hold. However, job creation is a difficult nut to crack for politics, all they can offer are cuts and incentives, but the goal should be to create meaningful jobs and not minimum wage type work.

Toyota looks to regain momentum with new Camry (Reuters)

Posted: 23 Aug 2011 04:47 PM PDT

Toyota introduces the all-new, seventh-generation, 2012 Camry on the Reuters - Toyota Motor Co (7203.T) showed off its all-new Camry on Tuesday, aiming to recover lost sales momentum with price cuts and a high-powered ad campaign for its flagship sedan that remains America's best-selling car.


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