Wednesday, January 4, 2012

Yahoo! News: Health News

Yahoo! News: Health News

Stocks pare losses; Dow turns up (Reuters)

Posted: 04 Jan 2012 09:26 AM PST

Traders work on the floor of the New York Stock Exchange January 4, 2012. REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS)Reuters - The Dow turned higher in midday trading on Wednesday while the S&P 500 and Nasdaq pared losses, helped by gains in consumer discretionary shares and industrials.

Yahoo names PayPal's Thompson as CEO (Reuters)

Posted: 04 Jan 2012 09:09 AM PST

PayPal President Scott Thompson poses in this undated handout released to Reuters January 4, 2012. Yahoo Inc said on January 4, 2012 it has appointed Thompson as its chief executive, effective from Jan. 9, replacing interim CEO Tim Morse who will resume his role as chief financial officer. Thompson, who was previously president of PayPal, a unit of eBay Inc, will also join Yahoo's board. REUTERS/PayPal/Handout (UNITED STATES - Tags: BUSINESS HEADSHOT) NO SALES. NO ARCHIVES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTSReuters - Yahoo named PayPal President Scott Thompson as its chief executive on Wednesday, hoping the well-regarded Internet technology and e-commerce expert will replicate his success at eBay Inc and turn around the struggling company.

Gross predicts "paranormal" market activity in 2012 (Reuters)

Posted: 04 Jan 2012 07:39 AM PST

Reuters - Bill Gross, the manager of the world's largest bond fund, is sounding like a Wall Street ghost-hunter in his latest investment letter.

Automakers see slower U.S. sales growth in 2012 (Reuters)

Posted: 04 Jan 2012 09:19 AM PST

Reuters - Automakers expect lower sales growth in the United States in 2012 because the economy remains weak, even though U.S. auto sales in December were strong.

November factory orders rise, business spending ebbs (Reuters)

Posted: 04 Jan 2012 07:35 AM PST

Reuters - New orders for factory goods rose solidly in November, but business spending on capital goods is cooling, a government report showed on Wednesday.

BlackRock's Bob Doll sees hopeful signs in 2012 (AP)

Posted: 01 Jan 2012 06:36 AM PST

AP - It's a bittersweet way for investors to begin a new year.

Unemployment rates in cities in the Northeast (AP)

Posted: 04 Jan 2012 09:03 AM PST

AP - Unemployment rates in cities in the Northeast

Samsung to post strong Q4 on record smartphone sales (Reuters)

Posted: 03 Jan 2012 07:03 PM PST

Reuters - Samsung Electronics, the world's top maker of memory chips and smartphones, is set to report a robust quarterly profit rise on Friday, starting 2012 on an upbeat note aided by record-smashing sales of smartphones.

Greek PM warns of default without loan deal (AP)

Posted: 04 Jan 2012 09:40 AM PST

A man collects bread from a trash bin in the northern port city of Thessaloniki, Greece, Wednesday, Jan. 4, 2012. Welfare agencies and charity groups have warned of a spike in poverty and homelessness in Greece due to the effects of the financial crisis. (AP Photo/Nikolas Giakoumidis)AP - Greece's prime minister says his debt-crippled country faces a disorderly default in March if it fails to secure a continued flow of international rescue loans.

Mortgage demand fell at year-end, purchases sag (Reuters)

Posted: 04 Jan 2012 04:00 AM PST

In this Tuesday, Dec. 13, 2011 photo, Nita Hargis talks about her living expenses as she leans on a fence outside her mobile home in North Las Vegas, Nev. For Hargis, a 65-year-old who has lived almost her entire life in North Las Vegas and worked a variety of jobs - painter, gift shop clerk, remodeler - recent efforts to attempt to modify her home loan left her exasperated and in worse shape than she started. North Las Vegas was once among the fastest-growing places in the country. Then the housing bubble burst, foreclosures abounded, tax revenues plunged, and America entered a recession. (AP Photo/Julie Jacobson)Reuters - Demand for loans to buy homes and refinance mortgages slid in the final week of 2011, even as mortgage rates dipped, an industry group said on Wednesday.

Treasury's Geithner to travel to China, Japan (Reuters)

Posted: 04 Jan 2012 09:02 AM PST

Reuters - U.S. Treasury Secretary Timothy Geithner will travel to China and Japan next week to discuss U.S. sanctions on Iran and the state of the global economy with top government officials, the Treasury Department said on Wednesday.

Group reports Christmas week sales surge (AP)

Posted: 04 Jan 2012 09:14 AM PST

AP - A flurry of post-Christmas bargain shopping helped drive sales higher in the last week of December, according to a report Wednesday from a shopping mall trade group. Increased gift card use, mild weather and a federal holiday on Monday all contributed.

MBIA fraud case vs. BofA's Countrywide gets boost (Reuters)

Posted: 03 Jan 2012 03:44 PM PST

Reuters - A New York state judge made it easier for the bond insurer MBIA Inc to pursue its $1.4 billion lawsuit accusing Bank of America Corp's Countrywide Financial unit of fraudulently inducing it to insure risky mortgage-backed securities.

Oil price back below $103 per barrel (AP)

Posted: 04 Jan 2012 09:01 AM PST

In this photo released by the Syrian official news agency SANA and according to them, flames raise from a gas pipeline caused by an explosion attack, near the town Rastan in the restive Homs province, Syria, on Tuesday Jan. 3, 2012. An explosion struck a gas pipeline in central Syria in an attack the government blamed on terrorists, the state-run news agency said. There were no casualties. The pipeline feeds two power stations. French President Nicolas Sarkozy says the Syrian regime is committing massacres and he is calling on President Bashar Assad to leave power. (AP Photo/SANA) EDITORIAL USE ONLYAP - Oil prices are down Wednesday as traders booked profits from a 4-percent surge at the start of the year.

U.S. charges 3 Swiss bankers in tax evasion case (Reuters)

Posted: 03 Jan 2012 04:57 PM PST

Reuters - Prosecutors accused three Swiss bankers on Tuesday of conspiring with wealthy U.S. taxpayers to hide more than $1.2 billion in assets from tax authorities, and sources briefed on the matter said the three worked for Wegelin & Co, one of Switzerland's oldest private banks.

Gas prices in West Virginia increase by a penny (AP)

Posted: 04 Jan 2012 08:14 AM PST

AP - Gasoline prices are creeping back up in West Virginia.
Posted by Harshad at 9:46 AM

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