Saturday, January 7, 2012

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street Week Ahead: Focus shifts back to U.S. earnings (Reuters)

Posted: 06 Jan 2012 08:51 PM PST

Reuters - Stocks have strayed from their recent link to euro moves, and the start of U.S. corporate earnings next week could help shift investor focus back to U.S. fundamentals from Europe.

ECB's Asmussen says wants ECB board to show cohesion: report (Reuters)

Posted: 07 Jan 2012 04:11 AM PST

Reuters - ECB Executive Board member Joerg Asmussen wants European Central Bank policymakers to show unity when dealing with the public, according to a newspaper report released on Saturday.

Government, Exxon reach deal on disputed Gulf leases (Reuters)

Posted: 07 Jan 2012 07:04 AM PST

Reuters - Exxon Mobil Corp and the government struck a deal on Friday that would allow the company to move ahead with development of a field in the Gulf of Mexico estimated to yield tens of billions of dollars of oil.

Yahoo searching for new board members: source (Reuters)

Posted: 06 Jan 2012 03:45 PM PST

A Yahoo billboard is seen in New York's Times Square October 19, 2010. Yahoo Inc will be reporting its quarterly earnings Tuesday. REUTERS/Brendan McDermidReuters - Yahoo Inc is searching for new members for its board of directors, following its hiring of a new chief executive, according to a person familiar with the matter.

Euro zone funding fears hang over stocks, currency (Reuters)

Posted: 05 Jan 2012 12:39 AM PST

Traders are pictured at their desks at the Frankfurt stock exchange January 2, 2012. REUTERS/Remote/Pawel KopczynskiReuters - Concern about the appetite for euro zone sovereign debt pushed European stocks lower and hit the single currency on Thursday, with the first French bond auction of 2012 set to test how much progress policymakers have made in easing tensions.

Euro falls to 16-month low against dollar (AP)

Posted: 06 Jan 2012 12:30 PM PST

AP - The euro fell to a 16-month low against the dollar after the U.S. said the unemployment rate dropped last month. Traders also bought the U.S. currency as borrowing rates in Italy spiked Friday.

Investors brace for European hit on earnings (Reuters)

Posted: 06 Jan 2012 11:53 AM PST

Reuters - Investors are about to find out if the economic woes in Europe are going to deliver a deep wound to U.S. company earnings instead of the mere scratch that many expect.

Italy's PM: No nation can fight debt crisis alone (AP)

Posted: 07 Jan 2012 07:16 AM PST

AP - No European nation is strong enough to ride out the continent's debt crisis alone, Italy's new premier insisted Saturday, urging fellow EU members to develop a common growth policy.

Holiday hangover means slow 2012 start for stores (Reuters)

Posted: 06 Jan 2012 11:48 AM PST

Reuters - known as the "Miracle Mile" for its shopping attractions - and you won't find a lot of activity a few days into the new year.

Gingrich under fire on race, Freddie Mac contracts (AP)

Posted: 06 Jan 2012 04:14 PM PST

Republican presidential candidate, former House Speaker Newt Gingrich gestures during a campaign stop in Newport, N.H. Friday, Jan. 6, 2012. (AP Photo/Elise Amendola)AP - Working to reboot his presidential bid, Newt Gingrich is on the defensive in New Hampshire, under fire for a remark on race and facing fresh questions about his work for mortgage giant Freddie Mac.

Iran holds military exercise near Afghan border (Reuters)

Posted: 07 Jan 2012 05:52 AM PST

A U.S. sailor from the guided-missile destroyer USS Kidd (DDG 100), part of the USS John C. Stennis carrier strike group, greets a crew member of the Iranian-flagged dhow Al Molai after rescuing the fishing vessel from pirates in the Arabian Sea in this January 6, 2012 handout photo. The U.S. aircraft carrier group that Iran warned not to return to the Gulf has rescued 13 Iranians held hostage for weeks by pirates in the Arabian Sea, the Pentagon said on Friday. The rescue operation took place on Thursday, when forces with the USS John C. Stennis carrier strike group received a distress call from the master of the Al Molai, who said he was being held captive by pirates. REUTERS/U.S. Navy photo/Handout (MILITARY POLITICS TPX IMAGES OF THE DAY) 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 - Iran launched a military maneuver near its border with Afghanistan on Saturday, the semi-official Fars news agency reported, days after naval exercises in the Gulf increased tensions with the West and pushed up oil prices.

IRS estimate: 17 percent of taxes owed went unpaid (AP)

Posted: 06 Jan 2012 03:12 PM PST

AP - People and businesses underpaid their taxes by an estimated 17 percent in the most recent year studied, failing to send the government a massive $450 billion that it was owed, according to an Internal Revenue Service report released Friday.

Auto steelmaker will not get DOE loan (Reuters)

Posted: 06 Jan 2012 05:26 PM PST

Reuters - The Obama administration on Friday opted against closing a loan of up to $730 million for steelmaker Severstal North America, whose financing bid to expand a plant for auto steel production drew the attention of congressional investigators looking at Energy Department loan programs.
Posted by Harshad at 9:14 AM

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