Wednesday, November 30, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall Street soars as central banks move to ease crunch (Reuters)

Posted: 30 Nov 2011 09:14 AM PST

Traders work on the floor of the New York Stock Exchange November 28, 2011. REUTERS/Brendan McDermidReuters - Stocks surged on Wednesday as major central banks around the world acted jointly to add liquidity to the global financial system, sparking a rally in risk assets such as equities and commodities.


Central banks act as euro zone crisis rages (Reuters)

Posted: 30 Nov 2011 09:49 AM PST

(L to R) European Monetary Affairs Commissioner Olli Rehn, Spain's Economy Minister Elena Salgado, Italy's Prime Minister and Finance Minister Mario Monti and Luxembourg's Prime Minister and Eurogroup chairman, Jean-Claude Juncker attend a Eurogroup meeting at the European Union council headquarters in Brussels, November 29, 2011. REUTERS/Yves HermanReuters - The world's major central banks acted jointly on Wednesday to provide cheaper dollar liquidity to starved European banks facing a credit crunch as the euro zone's sovereign debt crisis threatened to bring financial disaster.


Private sector jobs grow, lifts payrolls forecasts (Reuters)

Posted: 30 Nov 2011 08:20 AM PST

Reuters - Private sector job growth accelerated in November as employers created the most jobs in nearly a year, prompting some economists to raise their forecasts for Friday's more comprehensive government labor report.

Warren Buffett buys his hometown newspaper (Reuters)

Posted: 30 Nov 2011 08:55 AM PST

Reuters - Billionaire investor Warren Buffett buys newspapers every day, the hometown daily included, but on Wednesday he dispensed with the single-issue price and bought the whole company instead.

American Airlines seeks to shed planes, engines (Reuters)

Posted: 30 Nov 2011 09:16 AM PST

Reuters - American Airlines wants to shed unwanted leases for 24 aircraft and their engines as the third-largest U.S. carrier begins cutting costs after filing for bankruptcy.

How the major stock indexes fared on Tuesday (AP)

Posted: 29 Nov 2011 01:57 PM PST

AP - A jump in U.S. consumer confidence sent stocks modestly higher Tuesday. Investors were also encouraged by new efforts from European leaders to find more aggressive cures for the region's debt crisis. Technology stocks lagged.

Analysis: Banks' contribution overstated, but retreat painful (Reuters)

Posted: 29 Nov 2011 10:57 PM PST

Reuters - Banks' contribution to the economy may be hugely overstated, underscoring anger about the scale of taxpayer rescues and resultant government cutbacks, but a sharp retreat of banking worldwide looks painful for all and needs calibrating.

EU finance ministers and officials (Reuters)

Posted: 30 Nov 2011 08:16 AM PST

Reuters - European Union finance ministers and officials meet in Brussels on Wednesday to discuss plans to deal with the sovereign debt crisis.

Home market being held back by wary first-timers (AP)

Posted: 30 Nov 2011 08:01 AM PST

FILE - In this March 30, 2011 file photo, Seth Herter poses for a photo in the front window of his rented two-bedroom home, in Richmond Heights, Mo. “I've looked for a home, but the places we can afford with the money we have are not that great,” says Seth Herter, 23, a store manager in suburban St. Louis. “It also doesn't seem smart anymore to buy with prices falling. Buying a home just doesn't make sense to us.” (AP Photo/Jeff Roberson, File)AP - This should be a great time to buy a first home. Prices have sunk to 2002 levels. Sellers are waiting anxiously as homes languish on the market. Mortgage rates are their lowest ever.


CA-CANADA Summary (Reuters)

Posted: 30 Nov 2011 10:00 AM PST

Reuters - European leaders should not expect outside help until euro zone countries have put up more of their own resources to try to stem their financial crisis, Canada's finance minister said on Wednesday. Finance Minister Jim Flaherty said it was not the right time for euro zone countries to turn to the International Monetary Fund for help.

Groupon sells 500 percent more holiday deals (Reuters)

Posted: 30 Nov 2011 08:09 AM PST

Reuters - Groupon Inc's shares rose more than 6 percent on Wednesday after Chief Executive Andrew Mason emerged from the company's post-IPO quiet period to share holiday sales numbers.

Contracts to buy homes hit highest level in a year (AP)

Posted: 30 Nov 2011 07:27 AM PST

This Nov. 27, 2011 photo, shows a home with a sale pending sign in Palo Alto, Calif. The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. (AP Photo/Paul Sakuma)AP - The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. But the gain follows three months of declines and isn't enough to signal a housing recovery.


Britain to support Iran oil embargo: diplomatic source (Reuters)

Posted: 30 Nov 2011 09:02 AM PST

Reuters - Britain will support an embargo on Iranian oil imports following the deterioration of relations between the two countries, a diplomatic source told Reuters Wednesday, in an apparent reversal of its former position.

GOP: Offsetting cuts must cover payroll tax relief (AP)

Posted: 30 Nov 2011 09:34 AM PST

AP - Any extension of this year's payroll tax cut must be paid for with savings from elsewhere in the budget, House Speaker John Boehner said Wednesday.

Green cars in spotlight at waning Japan auto show (AP)

Posted: 29 Nov 2011 10:35 PM PST

Toyota Boshoku Co.'s concept vehicle T-Brain is displayed at the Tokyo Motor Show in Tokyo, Japan, Wednesday, Nov. 30, 2011. (AP Photo/Itsuo Inouye)AP - Green cars rolled into the spotlight at the Tokyo auto show as Japan's automakers look to fuel efficient technology to reinvigorate growth after tough times.


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