Yahoo! News: Health News

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• Wall Street flat after powerful rally (Reuters)
• November chilled retailers without new tactics (Reuters)
• Mass. AG hits big banks with foreclosure lawsuit (Reuters)
• Factories growing despite global slowdown (Reuters)
• ECB hints at action if euro zone adopts fiscal pact (Reuters)
• Summary Box: Central banks' move jolts stocks (AP)
• US envoy criticizes China's controls on economy (AP)
• Barnes & Noble 3Q net loss narrows (AP)
• ECB president hints at more support for euro (AP)
• Rate on 30-year fixed mortgage hovers at 4 pct. (AP)
• Dollar weakens a day after central banks act (AP)
• India's retailers, farmers face uncertain future (AP)
• Massachusetts sues banks for foreclosure practices (AP)
• Oil price drops to below $100 a barrel (AP)
• House bill ends public financing for elections (AP)
• Nissan, VW post strong U.S. sales gains (Reuters)

Wall Street flat after powerful rally (Reuters) Posted: 01 Dec 2011 07:38 AM PST Reuters - Stocks were little changed in choppy trade on Thursday after manufacturing data came in stronger than forecast, but gains were capped as investors took a breather from the previous session's powerful rally.

November chilled retailers without new tactics (Reuters) Posted: 01 Dec 2011 08:05 AM PST Reuters - Retailers that stuck with their same old holiday season strategies were dealt a blow in November, while earlier hours and bigger promotions were the keys to success for other chains.

Mass. AG hits big banks with foreclosure lawsuit (Reuters) Posted: 01 Dec 2011 09:09 AM PST Reuters - The Massachusetts attorney general has filed a lawsuit against five large U.S. banks accusing them of deceptive foreclosure practices, such as robo-signing.

Factories growing despite global slowdown (Reuters) Posted: 01 Dec 2011 08:38 AM PST Reuters - Factories shrugged off weakness in the global economy during November as manufacturing activity rose to its highest level in five months, giving a fresh sign that the American economy could be accelerating.

ECB hints at action if euro zone adopts fiscal pact (Reuters) Posted: 01 Dec 2011 07:54 AM PST Reuters - The new head of the European Central Bank signaled on Thursday it stood ready to act more aggressively to fight Europe's debt crisis if political leaders agree next week on much tighter budget controls in the 17-nation euro zone.

Summary Box: Central banks' move jolts stocks (AP) Posted: 30 Nov 2011 01:33 PM PST AP - BIG LIFT: Stocks soared Wednesday after the world's leading central banks acted to reduce banks' borrowing costs. The central banks of Europe, the U.S. and others reduced the cost to banks of borrowing dollars.

US envoy criticizes China's controls on economy (AP) Posted: 01 Dec 2011 02:41 AM PST AP - A U.S. trade envoy has accused China's government of increasing its role in the economy in violation of its free-trade pledges and he appealed to Beijing to reconsider its embrace of "state capitalism."

Barnes & Noble 3Q net loss narrows (AP) Posted: 01 Dec 2011 06:54 AM PST AP - Barnes & Noble Inc. said Thursday that its third-quarter loss narrowed as lower costs offset a decline in sales of traditional physical books.

ECB president hints at more support for euro (AP) Posted: 01 Dec 2011 09:22 AM PST AP - More than ever before, the European Central Bank seems willing to consider bolder action to address the continent's financial crisis.

Rate on 30-year fixed mortgage hovers at 4 pct. (AP) Posted: 01 Dec 2011 07:06 AM PST AP - The average rate on the 30-year fixed mortgage hovered above its record low for a fifth straight week. Despite the great opportunity, few have the means or stomach to buy or refinance in the depressed housing market.

Dollar weakens a day after central banks act (AP) Posted: 01 Dec 2011 08:51 AM PST AP - The dollar is falling against the euro and most other currencies, a day after major central banks around the world took action to ease strains on global markets.

India's retailers, farmers face uncertain future (AP) Posted: 01 Dec 2011 07:06 AM PST AP - Ashok Kokane sits amid his strawberries at Mumbai's Crawford Market, a handwritten ledger across his knees and a fan of dirty 10 rupee notes at his hand. The lazy, dust-encrusted ceiling fans above are far past cleaning.

Massachusetts sues banks for foreclosure practices (AP) Posted: 01 Dec 2011 08:45 AM PST AP - Massachusetts is suing five major banks including Bank of America Corp. and JPMorgan Chase & Co. over deceptive foreclosure practices.

Oil price drops to below $100 a barrel (AP) Posted: 01 Dec 2011 08:53 AM PST AP - Oil prices are falling after a four-day surge, as traders await a key U.S. jobs report.

House bill ends public financing for elections (AP) Posted: 01 Dec 2011 07:48 AM PST AP - That $3 check-off for election financing would disappear from income tax forms under House legislation that abolishes public financing of presidential elections.

Nissan, VW post strong U.S. sales gains (Reuters) Posted: 01 Dec 2011 08:17 AM PST Reuters - Nissan Motor Co (7201.T) and Volkswagen AG posted double-digit percentage gains in November U.S. sales, a strong showing for a month analysts were expecting to set a more than two-year record overall.

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