Yahoo! News: Health News

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• Wall Street sinks on global debt worry (Reuters)
• October existing home sales rise 1.4 percent (Reuters)
• Gilead to buy biotech Pharmasset for $11 billion (Reuters)
• Alleghany lands Transatlantic in $3.4 billion deal (Reuters)
• INSIGHT: ETFs, events trip Legg Mason star Bill Miller (Reuters)
• Police clashes mar Occupy Wall Street protests (AP)
• Obama asserts growing US stake in Asia (AP)
• Tyson Foods 4Q profit falls on higher costs (AP)
• EU Commission sees eurobonds as way out of crisis (AP)
• Italy's Monti gears up for key week of debt talks (AP)
• Retailers adapt as mobile holiday shopping booms (Reuters)
• October home sales rose 1.4 percent but still weak (AP)
• UN: Concentrations of greenhouse gases hit record (AP)
• Deficit panel failure looms over last-gasp talks (Reuters)
• GM to build Equinox in Tenn.; 700 jobs open (AP)

Wall Street sinks on global debt worry (Reuters) Posted: 21 Nov 2011 08:46 AM PST Reuters - U.S. stocks dropped more than 2 percent on Monday, as mounting concern about heavy debt loads both domestically and abroad increased uncertainty in an already troubled and volatile market.

October existing home sales rise 1.4 percent (Reuters) Posted: 21 Nov 2011 07:28 AM PST Reuters - U.S. existing home sales unexpectedly rose in October as low interest rates for mortgages and rising rents led more homebuyers into the market, the National Association of Realtors said on Monday.

Gilead to buy biotech Pharmasset for $11 billion (Reuters) Posted: 21 Nov 2011 07:59 AM PST Reuters - Gilead Sciences Inc struck a deal to buy biotechnology company Pharmasset for about $11 billion in a huge bet to diversify its portfolio with new hepatitis C treatments.

Alleghany lands Transatlantic in $3.4 billion deal (Reuters) Posted: 21 Nov 2011 09:30 AM PST Reuters - U.S. property and casualty insurer Alleghany Corp made a surprise entry into the battle for Transatlantic Holdings with a $3.4 billion cash-and-stock deal to buy the reinsurer, squaring off against a hostile bid from Validus Holdings Ltd .

INSIGHT: ETFs, events trip Legg Mason star Bill Miller (Reuters) Posted: 21 Nov 2011 09:08 AM PST Reuters - Bad decisions did Bill Miller in over the past five years.

Police clashes mar Occupy Wall Street protests (AP) Posted: 18 Nov 2011 04:20 AM PST AP - Thousands of demonstrators took to the streets, the New York Stock Exchange and the subways to raise their voices against what they say is corporate excess.

Obama asserts growing US stake in Asia (AP) Posted: 21 Nov 2011 12:22 AM PST AP - President Barack Obama's close attention to the Asia-Pacific region signaled both a turn toward a part of the world experiencing solid growth and one away from Europe's dark economic woes, at least temporarily.

Tyson Foods 4Q profit falls on higher costs (AP) Posted: 21 Nov 2011 08:14 AM PST AP - Tyson Foods' net income for the fourth quarter was less than half of what it was last year, the meat producer said Monday, with higher grain costs offsetting better prices and revenue, particularly in its chicken business.

EU Commission sees eurobonds as way out of crisis (AP) Posted: 21 Nov 2011 07:41 AM PST AP - The European Commission chief said Monday he wants to introduce eurobonds issued jointly by the 17 euro nations as an effective way to tackle the financial crisis, an idea that puts him on a collision course with German Chancellor Angela Merkel.

Italy's Monti gears up for key week of debt talks (AP) Posted: 21 Nov 2011 02:47 AM PST AP - Italian Premier Mario Monti is gearing up for a critical first full week in office with meetings planned with key European officials to map out strategy for dealing with Italy's debt crisis.

Retailers adapt as mobile holiday shopping booms (Reuters) Posted: 20 Nov 2011 12:39 PM PST Reuters - When it comes to holiday shopping, more people are phoning it in, forcing retailers to embrace new ways to connect or else lose sales.

October home sales rose 1.4 percent but still weak (AP) Posted: 21 Nov 2011 07:47 AM PST AP - The number of Americans who bought previously occupied homes rose slightly last month but remained at depressed levels. And more deals are being canceled at the last minute, a sign that even those who are looking to buy are worried about the housing market.

UN: Concentrations of greenhouse gases hit record (AP) Posted: 21 Nov 2011 07:59 AM PST AP - Global warming gases have hit record levels in the world's atmosphere, with concentrations of carbon dioxide up 39 percent since the start of the industrial era in 1750, the U.N. weather agency said Monday.

Deficit panel failure looms over last-gasp talks (Reuters) Posted: 21 Nov 2011 09:28 AM PST Reuters - After months of talks, the high-profile congressional effort to rein in the ballooning U.S. debt is expected to end in failure on Monday with negotiators announcing they could not bridge deep divides over taxes and spending cuts to reach a deal.

GM to build Equinox in Tenn.; 700 jobs open (AP) Posted: 21 Nov 2011 09:45 AM PST AP - General Motors says it will begin building its Chevrolet Equinox at a plant in Tennessee next year and plans to begin making a midsized vehicle there in the future.

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