Tuesday, January 3, 2012

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street starts 2012 with strong gains (Reuters)

Posted: 03 Jan 2012 09:30 AM PST

Traders await the start of the trading on the floor of the New York Stock Exchange December 15, 2011. REUTERS/Brendan McDermidReuters - Wall Street stocks kicked off 2012 with a sharp rally on Tuesday after data showed U.S. manufacturing activity and construction spending picked up, signaling the economic recovery was gaining steam.

Manufacturing expansion hits six-month high: ISM (Reuters)

Posted: 03 Jan 2012 08:37 AM PST

Reuters - Manufacturing grew at the fastest pace in six months in December, capping a late-year rally in the sector, while a rise in new orders suggested good momentum in 2012, an industry report showed on Tuesday.

BP challenges Halliburton court request on spill (Reuters)

Posted: 03 Jan 2012 07:39 AM PST

Reuters - BP has opened 2012 with a new legal move in its battle to force contractor Halliburton to help pay the costs and expenses it incurred to clean up the 2010 Gulf of Mexico oil spill, which the oil major previously put at around $42 billion.

Sinopec, Total pour $4.5 billion into U.S. shale (Reuters)

Posted: 03 Jan 2012 09:34 AM PST

Reuters - China's Sinopec and France's Total SA made major purchases into the U.S. energy sector on Tuesday, pouring $4.5 billion into deals to buy into booming production from shale rock formations.

Sears names ex-Brookstone CEO merchandising chief (Reuters)

Posted: 03 Jan 2012 09:03 AM PST

Customers walk into a Sears store at Fair Oaks Mall in Fairfax, Virginia, January 7, 2010. REUTERS/Larry DowningReuters - Sears Holdings Corp named former Brookstone Inc chief executive Ron Boire as its chief merchandising officer as it tries to tackle criticism that it did not have enough executives with retail experience to turn around the struggling chain.

US auto industry to post another good sales year (AP)

Posted: 02 Jan 2012 06:20 PM PST

In this Wednesday, Aug. 31, 2011 photo, a Lime Squeeze Metallic 2012 Ford Fiesta SE, left, and an Ingot Silver Metallic 2012 Ford Focus Titanium 5-Door Hatchback are shown at the Maroone Ford of Miami dealership in Miami. Ford, GM and Chrysler saw their combined share of the U.S. market rise by 200,000 cars and trucks between the end of 2010 and November, 2011. U.S. auto sales are poised for a second straight year of growth in 2012 — the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession. (AP Photo/Wilfredo Lee)AP - After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth — the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession.

High salaries for Italian lawmakers stirs anger (AP)

Posted: 03 Jan 2012 09:25 AM PST

FILE - In this Wednesday, Aug. 4, 2010 file photo, Italian Lawmakers attend a voting session at the lower chamber in Rome. A government-mandated report has confirmed, Tuesday, Jan. 3, 2012, what many Italians long suspected: The €11,000 ($14,300) that Italian lawmakers earn each month outpaces their European colleagues, and Italy has many public agencies and councils that simply don't exist in other countries. Italy's bloated public sector and the privileges of its political elite have come under fire as the country battles its debt crisis with tax hikes, labor market reforms and pension reforms. Many ordinary Italians have been hurt by the changes. (AP Photo/Alessandra Tarantino, File)AP - A government-mandated report has confirmed what many Italians long suspected: The euro11,000 ($14,300) that Italian lawmakers earn each month far outpaces what their peers in some of Europe's largest economies get.

Darden's Olive Garden Needs Some Spicing Up (The Motley Fool)

Posted: 03 Jan 2012 06:57 AM PST

The Motley Fool - Full-service restaurant operator Darden Restaurants came out with second-quarter results that were below analyst expectations. The company has been struggling over the past year with its largest restaurant chain, Olive Garden. Let's take a closer, Foolish look at what's cooking with Darden.

Greece: No second bailout, no euro (AP)

Posted: 03 Jan 2012 08:09 AM PST

Greece's Prime Minister Lucas Papademos, left, greets a homeless man during a New Year's meal for the homeless people distributed by the municipality of Athens, on Sunday, Jan. 1, 2012. Citizens in debt-plagued Greece had to prepare themselves for a 'very difficult year' Prime Minister Lucas Papademos said Saturday, in his New Year address to the Greek people.(AP Photo/Petros Giannakouris)AP - Greece's government warned Tuesday that the debt-crippled country will have to ditch the euro if it fails to finalize the details of its second, euro130 billion ($169 billion) international bailout and that more austerity measures may need to be implemented.

Same-store sales seen up 4.3 percent in December (Reuters)

Posted: 03 Jan 2012 08:58 AM PST

Reuters - When retailers post their December sales this week, Wall Street analysts expect them to report a healthy end to the holiday season, helped by discounts, improved consumer sentiment and tactics like extended hours and layaways.

Iran warns US carrier: Don't come back to Gulf (AP)

Posted: 03 Jan 2012 09:26 AM PST

In this picture released by Iranian Fars News Agency, on Monday, Jan. 2, 2012, Iranian navy members celebrate after successfully launching a Ghader missile, unseen, at the shore of sea of Oman during Iran's navy drill. Iran test-fired a surface-to-surface cruise missile on Monday during a drill that the country's navy chief said proved Tehran was in complete control of the strategic Strait of Hormuz, the passageway for one-sixth of the world's oil supply. The missile, called Ghader, or Capable in Farsi, was described as an upgraded version of a missile that has been in service before. (AP Photo/Fars News Agency, Hamed Jafarnejad)AP - Iran's army chief on Tuesday warned an American aircraft carrier not to return to the Persian Gulf in Tehran's latest tough rhetoric over the strategic waterway, part of a feud with the United States over new sanctions that has sparked a jump in oil prices.

Average Mass. gasoline prices up 5 cents (AP)

Posted: 03 Jan 2012 09:06 AM PST

AP - Massachusetts gasoline prices are up five cents as the new year begins, the second week of increases.
Posted by Harshad at 10:01 AM

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