Saturday, January 28, 2012

Yahoo! News: Health News

Yahoo! News: Health News

Greece, creditors piece together debt deal (Reuters)

Posted: 28 Jan 2012 08:13 AM PST

Reuters - Greece and its private creditors worked on stitching together the final bits of a complex debt swap agreement Saturday, amid growing optimism a deal will be clinched in time to avert an unruly default.

Quest for the golden cross (Reuters)

Posted: 28 Jan 2012 04:25 AM PST

Reuters - January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.

Bankers resist regulatory restraint on bonuses (Reuters)

Posted: 28 Jan 2012 08:09 AM PST

Reuters - Budding bankers expecting the bumper bonuses of years gone by will have to think again, with only the top performers likely to be paid top dollar.

Exxon to sell part of Tonen stake for $3.9 billion: sources (Reuters)

Posted: 28 Jan 2012 08:16 AM PST

Reuters - Exxon Mobil plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK (5012.T) back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, four sources with direct knowledge of the matter said.

RBS chairman waives $2.2 million bonus after Hester row (Reuters)

Posted: 28 Jan 2012 08:12 AM PST

Reuters - Royal Bank of Scotland's Chairman Philip Hampton will not pick up a 1.4 million pound ($2.2 million) stock bonus, the bailed-out bank said, following public anger and political squabbling over a 1 million pound bonus for its chief executive.

SEC charges trader with hacking into accounts (AP)

Posted: 26 Jan 2012 05:42 PM PST

AP - Federal regulators have filed civil charges against a trader in Latvia whom they accuse of hacking into U.S. customers' online brokerage accounts and driving prices of more than 100 stocks up or down by making unauthorized trades.

Business Highlights (AP)

Posted: 27 Jan 2012 02:24 PM PST

AP - Economy grew 2.8 percent in Q4, but outlook is hazy

Slovenia parliament confirms Jansa as prime minister (Reuters)

Posted: 28 Jan 2012 08:59 AM PST

Reuters - The Slovenian parliament confirmed conservative Janez Jansa as the euro zone member's new prime minister Saturday, almost two months after an inconclusive December 4 election, parliamentary speaker Gregor Virant said.

How Fastenal Is Vending a Success Story (The Motley Fool)

Posted: 27 Jan 2012 05:35 PM PST

The Motley Fool - Industrial and construction materials supplier Fastenal (Nasdaq: FAST - News) has significantly upped its market presence lately with the expansion of its industrial vending machines -- dubbed a "one-stop shop" to replenish supplies.

Private creditors: Deal with Greece close (AP)

Posted: 28 Jan 2012 08:57 AM PST

AP - Officials say talks between Greece and private creditors on halving the country's privately held debt load have ended and a deal is very close.

Wal-Mart puts U.S. marketing under merchandising (Reuters)

Posted: 27 Jan 2012 12:38 PM PST

Reuters - Wal-Mart Stores Inc said on Friday that its U.S. marketing team would now work under the leadership of its chief merchandising officer rather than as a separate group as the world's largest retailer works on improving its communication with shoppers.

Obama administration bolsters homeowner lifeline (Reuters)

Posted: 27 Jan 2012 07:31 PM PST

A new home development is shown in Miami in this January 26, 2010 file photo. Housing-related stocks declined after data showed sales of new single-family homes fell for the first time in four months in December of 2011 and were shy of Wall Street expectations. The data followed the soft pending home sales report on January 25, 2012 and dented optimism that the housing market may have reached a bottom. REUTERS/Joe Skipper/Files (UNITED STATES - Tags: BUSINESS REAL ESTATE)Reuters - The Obama administration, in an election-year bid to help distressed homeowners, on Friday expanded its main foreclosure prevention program, and pushed for Fannie Mae and Freddie Mac to forgive mortgage debt.

Sudan says to release ships seized from South Sudan (Reuters)

Posted: 28 Jan 2012 07:46 AM PST

Reuters - Sudan said on Saturday it would free tankers carrying cargoes of South Sudanese crude it had seized earlier this month, in a push to defuse a row over transit fees between former civil war foes that both depend on oil for almost all their income.

Swiss urge U.S. tax deal to shield other banks (Reuters)

Posted: 28 Jan 2012 07:14 AM PST

Reuters - The break-up of Switzerland's oldest bank Wegelin on Friday shows the need to settle a dispute with U.S. authorities over tax cheats hiding cash in secret Swiss accounts, the finance minister said on Saturday.

Flint, Mich., One of Nine Cities Devastated by Recession (ContributorNetwork)

Posted: 27 Jan 2012 04:42 PM PST

ContributorNetwork - 24/7 Wall St. analyzed a report commissioned by the United States Conference of Mayors that looked at how cities are faring economically and getting unemployed residents back to work. The news isn't good for Flint, Mich. The former auto industry stronghold is in the top five of metropolitan cities ruined or nearly destroyed by the recession. Here are details from that report created by IHS Global Insight.
Posted by Harshad at 9:32 AM

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