Yahoo! News: Health News

---

• Banks lead Wall St down as market doubts ECB "bazooka" (Reuters)
• Corzine sorry, puzzled by missing MF Global money (Reuters)
• Jobless claims at 9-month low, outlook brighter (Reuters)
• ECB downplays its role as EU seeks crisis deal (Reuters)
• Ford brings back dividend after 5-year gap (Reuters)
• Is There Trouble Brewing at Green Mountain? (The Motley Fool)
• World fixates on Europe's crisis as summit nears (AP)
• Brown-Forman 2nd-quarter profit rises 2 percent (AP)
• European Union leaders' comments ahead of summit (Reuters)
• Fixed mortgage rates hover near lows for 6th week (AP)
• Sarkozy, Merkel press debt plan with EU allies (AP)
• Tesco food volume falls in main UK market (AP)
• Harrisburg, Pa., mayor hit with foreclosure notice (AP)
• Explosion hits Syrian pipeline near restive city (AP)
• Why Obama's payroll tax cut extension is the best worst option (Reuters)
• Distracted driving "major problem" (Reuters)

Banks lead Wall St down as market doubts ECB "bazooka" (Reuters) Posted: 08 Dec 2011 09:49 AM PST Reuters - Bank stocks led a sell-off on Wall Street on Thursday after the European Central Bank tempered hopes that policy-makers were priming a much anticipated financial "bazooka" to tackle Europe's raging debt crisis.

Corzine sorry, puzzled by missing MF Global money (Reuters) Posted: 08 Dec 2011 07:10 AM PST Reuters - Former MF Global chief Jon Corzine apologized to customers, employees and investors who have suffered because of the brokerage firm's collapse, but said he does not know where missing customer money is.

Jobless claims at 9-month low, outlook brighter (Reuters) Posted: 08 Dec 2011 08:02 AM PST Reuters - New claims for unemployment benefits dropped to a nine-month low last week, a government report showed on Thursday, suggesting a labor market recovery was gaining momentum.

ECB downplays its role as EU seeks crisis deal (Reuters) Posted: 08 Dec 2011 07:09 AM PST Reuters - The European Central Bank acted to soften a looming recession and avert a credit crunch by cutting interest rates and offering banks long-term funds on Thursday but doused hopes of dramatic crisis-fighting action in the euro area.

Ford brings back dividend after 5-year gap (Reuters) Posted: 08 Dec 2011 09:40 AM PST Reuters - Ford Motor Co reinstated a dividend for the first time in five years on Thursday, with a quarterly payout of 5 cents per share that the automaker said it could sustain during any future downturn.

Is There Trouble Brewing at Green Mountain? (The Motley Fool) Posted: 06 Dec 2011 10:19 AM PST The Motley Fool - Green Mountain Coffee Roasters (Nasdaq: GMCR - News) recently posted robust revenue and earnings growth in its fourth quarter. However, investors had higher expectations, and reacted by eroding one-third of the stock's value in response. This comes at a time when hedge fund manager David Einhorn has damaged the company's image.

World fixates on Europe's crisis as summit nears (AP) Posted: 07 Dec 2011 09:02 PM PST AP - From money managers in the United States to garment makers in southern China, the business world is fixated on Europe's debt crisis.

Brown-Forman 2nd-quarter profit rises 2 percent (AP) Posted: 08 Dec 2011 09:53 AM PST AP - Brown-Forman Corp. on Thursday said fiscal second-quarter profit rose 2 percent, helped by sales gains for its flagship Jack Daniel's whiskey as the liquor maker spent more to market its new flavored concoctions.

European Union leaders' comments ahead of summit (Reuters) Posted: 08 Dec 2011 09:52 AM PST Reuters - European Union leaders gathered on Thursday for a critical two-day summit focused on trying to find a solution to the euro zone debt crisis.

Fixed mortgage rates hover near lows for 6th week (AP) Posted: 08 Dec 2011 07:28 AM PST AP - The average rate on the 30-year fixed mortgage hovered above its record low for a sixth straight week. But the super-low rates aren't providing a lift to the struggling housing market.

Sarkozy, Merkel press debt plan with EU allies (AP) Posted: 08 Dec 2011 08:38 AM PST AP - Europe's conservative political leaders on Thursday warned of dire consequences if an 11th-hour EU summit failed to save the euro from the crush of crippling state debts.

Tesco food volume falls in main UK market (AP) Posted: 08 Dec 2011 01:06 AM PST AP - Tesco PLC, the world's third-largest retailer, says food sales revenue in its main British market fell in the 13 weeks ending November 26 as the company cut prices on thousands of products.

Harrisburg, Pa., mayor hit with foreclosure notice (AP) Posted: 07 Dec 2011 05:10 PM PST AP - A bank has filed a mortgage foreclosure action against a property owned by the mayor of Pennsylvania's financially troubled capital.

Explosion hits Syrian pipeline near restive city (AP) Posted: 08 Dec 2011 09:05 AM PST AP - A major Syrian pipeline carrying oil to a refinery in restive Homs province was blown up Thursday in an attack the state-run news agency blamed on "saboteurs" as activists reported fresh violence from the government crackdown on a popular uprising.

Why Obama's payroll tax cut extension is the best worst option (Reuters) Posted: 08 Dec 2011 09:42 AM PST Reuters - The White House unveiled a countdown clock this week, tick-tocking away the days, hours, minutes and seconds to a December 31 deadline for extending and expanding the payroll tax cut. It's a doomsday-style reminder that taxes will jump for an estimated 160 million Americans on January 1 if Congress doesn't act.

Distracted driving "major problem" (Reuters) Posted: 08 Dec 2011 06:48 AM PST Reuters - Most U.S. motorists surveyed acknowledged few situations in which they would not use a cell phone or text while behind the wheel although they support measures to curb both practices, data released on Thursday by the Transportation Department showed.

You are subscribed to email updates from Yahoo! News: Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610