Wednesday, September 7, 2011

Yahoo! News: Health News

Yahoo! News: Health News

S&P 500 rises more than 2 percent (Reuters)

Posted: 07 Sep 2011 08:26 AM PDT

Traders work on the floor of the New York Stock Exchange September 6, 2011. REUTERS/Brendan McDermidReuters - The S&P 500 rose more than 2 percent on Wednesday as stocks extended gains on hopes the European debt crisis might ease.

Exclusive: Facebook first-half revenue roughly doubles (Reuters)

Posted: 07 Sep 2011 08:35 AM PDT

Facebook founder and CEO Mark Zuckerberg attends the eG8 forum in Paris, May 25, 2011. REUTERS/Gonzalo FuentesReuters - Facebook's first-half revenue roughly doubled to $1.6 billion, underscoring the world's largest social network's appeal to advertisers.

Yahoo CEO Bartz fired over the phone, rocky run ends (Reuters)

Posted: 06 Sep 2011 11:16 PM PDT

Yahoo CEO Carol Bartz gestured during her speech at the American Association of Advertising Agencies annual Media and Leadership Conference in San Francisco, California March 1, 2010. REUTERS/Robert GalbraithReuters - Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba.

German court reins in Berlin on euro crisis (Reuters)

Posted: 07 Sep 2011 07:50 AM PDT

President of the German Constitutional Court Andreas Vosskuhle (L) pronounces judgment on euro bailouts at the German Constitutional Court in Karlsruhe September 7, 2011. REUTERS/Alex DomanskiReuters - Germany's top court handed the country's parliament a greater say over euro zone bailouts on Wednesday, in a closely-watched ruling that could hamper Berlin's ability to act swiftly to counter a debt crisis that has plagued the currency bloc for two years.

Cerberus-owned NewPage files for Chapter 11 (Reuters)

Posted: 07 Sep 2011 08:34 AM PDT

Reuters - NewPage Corp , the biggest maker of magazine paper in North America, filed for bankruptcy on Wednesday, succumbing to falling demand and rising costs.

Private equity firm Carlyle files for $100M IPO (AP)

Posted: 06 Sep 2011 09:49 AM PDT

AP - Carlyle Group is planning to raise $100 million through an initial public offering. The private equity firm is going public even as fears about the global economy have punished stock markets. Many companies canceled their IPOs in August.

Education Secretary Duncan to tour Rust Belt (AP)

Posted: 07 Sep 2011 12:03 AM PDT

AP - Education Secretary Arne Duncan is in Pittsburgh Wednesday to kick off a three-day bus tour that will take him across the Rust Belt manufacturing region. He plans to promote a message that education can play a pivotal role in helping to revitalize the economy in ailing areas that had been dominated by industries such as coal, steel and the production of cars.

German ruling could complicate euro rescues (AP)

Posted: 07 Sep 2011 07:07 AM PDT

Head of Germany's high court, Andreas Vosskuhle, left, pronounces the judgment, while judge Rudolf Mellinghoff,right, looks on in the court room in Karlsruhe,Germany, Wednesday Sept. 7, 2011. Germany's high court on Wednesday upheld the country's participation in eurozone bailout funds, but ruled that parliament should be more involved in such decisions. The ruling means that while Germany's agreement to take part in the financial rescue of Greece will not be affected, participation in future bailouts might become more complicated. Presiding Judge Andreas Vosskuhle said even though the Federal Constitutional Court had rejected lawsuits arguing that Germany's participation had violated parliament's right to control spending of taxpayer money, it was not giving a rubber-stamp to the chancellor's office. (AP Photo/dapd/ Winfried Rothermel)AP - Germany's high court on Wednesday upheld the country's participation in emergency measures to fight the eurozone debt turmoil, but ruled that lawmakers had to vet future plans to commit taxpayer money, potentially slowing decision-making in a fast-moving crisis.

Who's Right in the Battle Over Harbin Electric? (The Motley Fool)

Posted: 07 Sep 2011 08:28 AM PDT

The Motley Fool - Perhaps even more entertaining than a mid-afternoon soap opera is the "anything you can do, I can do better" match still brewing between electric motor manufacturer Harbin Electric (Nasdaq: HRBN - News) and investment research firm Citron Research.

Italian lawmakers ponder more austerity measures (AP)

Posted: 07 Sep 2011 04:17 AM PDT

Demonstrators march past the Colosseum during a general strike in Rome, Tuesday, Sept. 6, 2011. With Silvio Berlusconi's government under increasing pressure to produce credible measures to balance the budget, a strike by Italy's largest labor union against an austerity package shut down air, land and sea transport, stalled manufacturing and curtailed government services throughout the country on Tuesday. Susanna Camusso, head of the left-leaning CGIL, said the euro 45.5 billion ($68 billion) austerity package needs to be thrown out and substituted with fairer measures. (AP Photo/Pier Paolo Cito)AP - Italian lawmakers studied last-minute adjustments to the government's hotly disputed austerity package ahead of a confidence vote Wednesday, measures that aim to reduce the deficit by more than euro54 billion ($70 billion) over three years.

GE to "vigorously contest" mortgage lawsuit (Reuters)

Posted: 07 Sep 2011 06:05 AM PDT

Reuters - General Electric Co said it would "vigorously contest" a lawsuit by the Federal Housing Finance Agency, which said the conglomerate's former WMC unit made inaccurate statements about the sale of two residential mortgage-backed securities.

Oil rising as storms cut production (AP)

Posted: 07 Sep 2011 09:12 AM PDT

Russian Prime Minister Vladimir Putin (C) walks with former German Chancellor Gerhard Schroeder (R) and Gazprom chief Alexei Miller (L) after arriving in the town of Portovaya September 6, 2011. Russia warned Ukraine on Tuesday not to renege on a long-term gas supply deal crucial to Europe's energy security, as Prime Minister Putin launched test flows at a Baltic export pipeline that will bypass Moscow's western neighbour. REUTERS/Alexei Nikolsky/RIA Novosti/Pool (RUSSIA - Tags: POLITICS ENERGY BUSINESS) THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTSAP - Oil is surging on the expectation that tropical storms will hamper oil production in the Gulf of Mexico and squeeze world supplies.

Obama to propose $300 billion to jump-start jobs (AP)

Posted: 06 Sep 2011 06:34 PM PDT

AP - The economy weak and the public seething, President Barack Obama is expected to propose $300 billion in tax cuts and federal spending Thursday night to get Americans working again. Republicans offered Tuesday to compromise with him on jobs — but also assailed his plans in advance of his prime-time speech.

Ford Transit Connect van starts work as NY taxicab (AP)

Posted: 06 Sep 2011 09:05 PM PDT

AP - Ford Motor Co. says its Transit Connect small van has begun work as a New York City taxi.
Posted by Harshad at 9:24 AM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)