Yahoo! News: Health News |
- Wall Street Week Ahead: Stimulus moves, profits to be focus
- Dismal hiring shows economy stuck in low gear
- Facebook, Yahoo tie up, settle lawsuits
- ECB's Asmussen sees EU bank supervisor in place in 2013
- Man United filing shows Glazers' borrowing, buying debt
- Nissan braces for tough environment in China for Infiniti
- D-Mark return would send Germany into slump: Allianz CEO
- Condition for ESM bond-buying will be reforms: EU's Rehn
- Samsung wins bid to sell Nexus in Apple court battle
- French oil tax to cost Total up to 160 million euros: CEO
- ALC to cheer Boeing order with NYSE bell ceremony: sources
- Ice, logistics delay Shell Alaska drilling plans
- Singapore casino law to allow fines up to 10 percent of revenue
- Best Buy to cut 2,400 jobs, including 600 at Geek Squad
- North Carolina agencies investigating Duke Energy CEO shuffle
- A123's cash burn another black eye for green tech
- France Telecom investigated over spate of staff suicides
- Wall Street Week Ahead: Stimulus moves, profits to be focus
- Samsung wins bid to sell Nexus in Apple court battle
- Barclays looks at panel request for private letters
- Low aluminum price seen hurting Alcoa profit
- Visa, MasterCard edging closer to fee pact: report
- After ECB cut, U.S. asset managers tighten fund access
- Biggest U.S. electricity system says ready for heat wave
- In new ad, Obama challenges Romney on China trade
- Boeing hopes for year of the Max at air show
- Analysis: GOP hopes lumbering economy dooms Obama
- The tax man cometh to police you on health care
- Voters on offshore Taiwan island OK casinos
- Turkmenistan's leader angered by poor grain yield
- Obama challenges Romney on China trade
- Best Buy to cut 2,400 jobs in turnaround effort
- NC official probes utility merger after CEO change
- AMR sues retired workers over health benefits
| Wall Street Week Ahead: Stimulus moves, profits to be focus Posted: 06 Jul 2012 07:44 PM PDT
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| Dismal hiring shows economy stuck in low gear Posted: 06 Jul 2012 06:19 PM PDT
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| Facebook, Yahoo tie up, settle lawsuits Posted: 06 Jul 2012 02:36 PM PDT
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| ECB's Asmussen sees EU bank supervisor in place in 2013 Posted: 07 Jul 2012 03:23 AM PDT MILAN (Reuters) - The European Central Bank will be able to fully act as Europe's unified banking supervisor only from next year, a top ECB policymaker told an Italian daily on Saturday, adding it was important to keep the new role distinct from monetary policy. ECB Executive Board member Joerg Asmussen also told La Stampa daily that Italy had made great progress in terms of improving its public finances, but had now to address the problem posed by its near-zero potential growth. ... |
| Man United filing shows Glazers' borrowing, buying debt Posted: 06 Jul 2012 09:33 PM PDT
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| Nissan braces for tough environment in China for Infiniti Posted: 07 Jul 2012 01:33 AM PDT BEIJING (Reuters) - Nissan Motor Co.'s luxury brand Infiniti is bracing for a tough start in China, even as it opened a high-profile "flagship plus" store in Beijing and pledged to beef up its presence in China. Nissan - Japan's second largest auto maker after Toyota Motor Corp. by volume - is aiming to sell 100,000 Infinity cars by 2016, up from the 19,000 last year, according to two Nissan executives who spoke on condition of anonymity. That represents one-fifth of the vehicles Infiniti is targeting to sell globally by 2016. ... |
| D-Mark return would send Germany into slump: Allianz CEO Posted: 07 Jul 2012 03:42 AM PDT
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| Condition for ESM bond-buying will be reforms: EU's Rehn Posted: 07 Jul 2012 03:51 AM PDT ROME (Reuters) - Countries who want the euro-zone's permanent bailout funds to buy their bonds to help lower borrowing costs will have to commit to a reform program, EU Economic and Monetary Affairs Commissioner Olli Rehn said in an Italian daily on Saturday. Rehn wrote in La Repubblica that the market intervention would be available only to countries who pursue policies to control public finances, who adopt reforms to boost growth and employment and who take steps to fight macroeconomic imbalances. ... |
| Samsung wins bid to sell Nexus in Apple court battle Posted: 06 Jul 2012 07:31 PM PDT
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| French oil tax to cost Total up to 160 million euros: CEO Posted: 07 Jul 2012 02:44 AM PDT AIX-EN-PROVENCE, France (Reuters) - The cost for Total of a one-off tax on oil inventories included in France's amended 2012 budget bill will be between 140 million euros ($172.3 million) and 160 million, the chief executive of the French oil major said on Saturday. "I will give you a range, because it will depend on the tax base that we don't know yet, let's say it's between 140 and 160 million euros," CEO Christophe de Margerie said on the sidelines of a news conference in the southern French city of Aix-en-Provence. ... |
| ALC to cheer Boeing order with NYSE bell ceremony: sources Posted: 06 Jul 2012 05:57 PM PDT LONDON (Reuters) - The chief executive of Air Lease Corp looks set to ring the opening bell for the New York Stock Exchange by video link from Farnborough Airshow on Monday as he places a significant order for Boeing aircraft, industry sources said. The company run by Steven Udvar-Hazy, considered a founder of the aircraft leasing industry, has 50 fuel-saving A320neo aircraft on order or in the pipeline from Europe's Airbus and is expected to order at least as many of the competing 737 MAX model from rival Boeing, the sources said. ... |
| Ice, logistics delay Shell Alaska drilling plans Posted: 06 Jul 2012 08:29 PM PDT ANCHORAGE, Alaska (Reuters) - Heavier than expected ice in Arctic waters off Alaska will likely delay until August Royal Dutch Shell Plc's long-anticipated exploration drilling in the Chukchi and Beaufort Seas, a company spokesman said on Friday. Shell, which wants to search for oil in what are considered remote but promising frontiers, had planned to start the wells this month, said Curtis Smith, a company spokesman in Anchorage. Sea ice is "the number one reason we won't be drilling in July," Smith told Reuters. "At this point, we're looking at the first week of August. ... |
| Singapore casino law to allow fines up to 10 percent of revenue Posted: 06 Jul 2012 08:50 PM PDT SINGAPORE (Reuters) - Singapore plans to toughen its casino laws and allow the regulator to impose a fine of up to 10 percent of annual revenues generated by operators Las Vegas Sands and Genting Singapore , local media reported on Saturday. The maximum penalty that Casino Regulatory Authority can now impose is S$1 million ($785,000). But after amendments to the law are passed, the fines could potentially exceed $200 million. ... |
| Best Buy to cut 2,400 jobs, including 600 at Geek Squad Posted: 06 Jul 2012 02:24 PM PDT
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| North Carolina agencies investigating Duke Energy CEO shuffle Posted: 06 Jul 2012 05:31 PM PDT HOUSTON (Reuters) - North Carolina officials late Friday launched two investigations into the surprising move by Duke Energy Corp directors to replace former Progress Energy Chief Executive Bill Johnson with Duke CEO Jim Rogers, just a day after a deal to create the largest U.S. utility company was finalized. The North Carolina Utilities Commission, which approved Duke's $18 billion buyout of Progress late last week, ordered Rogers to appear at a hearing Tuesday to answer questions on the timing of the decision to replace Johnson, the commission said in a two-page order. ... |
| A123's cash burn another black eye for green tech Posted: 06 Jul 2012 03:30 PM PDT DETROIT (Reuters) - Once a high-flying green technology company, battery maker A123 Systems Inc on Friday told investors it has about five months of cash left to fund operations, adding to woes for a sector short on results and long on government loans. The company, which received a $249 million grant from the Obama administration as part of a program to develop advanced lithium-ion batteries, said in documents filed with U.S. regulators that it "expects to have approximately four to five months of cash to support its ongoing operations" based on its recent monthly spending average. ... |
| France Telecom investigated over spate of staff suicides Posted: 06 Jul 2012 12:10 PM PDT PARIS (Reuters) - France Telecom was placed under investigation on Friday over the company's alleged role in a wave of staff suicides, two days after its former chief executive was similarly targeted. The telecommunications company, ex-CEO Didier Lombard and two senior executives all now face an investigation into tough management practices amounting to psychological harassment. ... |
| Wall Street Week Ahead: Stimulus moves, profits to be focus Posted: 06 Jul 2012 04:01 PM PDT NEW YORK (Reuters) - Wall Street has been running in circles for the past two months, and the pattern may continue despite the upcoming start of the earnings season. Quarterly report cards from blue-chips Alcoa and JPMorgan next week could fade into the background as traders jockey for position before key data from China and more central bank headlines next week. ... |
| Samsung wins bid to sell Nexus in Apple court battle Posted: 06 Jul 2012 04:13 PM PDT
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| Barclays looks at panel request for private letters Posted: 06 Jul 2012 01:07 PM PDT LONDON (Reuters) - Barclays is considering how to respond to a request to hand confidential letters to a panel of British lawmakers investigating the Libor interest rate-rigging scandal, the bank said on Friday. The two letters, written to Barclays by Britain's banking regulator, have been requested by the Treasury Select Committee, which has said it is seeking to gain insight into the culture at the bank. "We are considering how to respond to their request," a spokesman for the bank said. He gave no further details. ... |
| Low aluminum price seen hurting Alcoa profit Posted: 06 Jul 2012 09:11 AM PDT NEW YORK (Reuters) - Aircraft and automobile makers may be using more aluminum, but as long as the metal's price remains near two-year lows, Alcoa Inc will struggle, analysts said on Friday. The average earnings estimate has been cut over the past week from 15 cents per share and Wall Street now expects Alcoa to post only a 5-cent per share second-quarter profit on Monday, according to Thomson Reuters I/B/E/S. That compares with 32 cents per share in the same quarter last year. ... |
| Visa, MasterCard edging closer to fee pact: report Posted: 06 Jul 2012 11:32 AM PDT (Reuters) - Visa Inc and MasterCard Inc could reach a settlement this month in a lawsuit in which retailers accuse the payment networks of charging excessive credit card fees, Bloomberg News reported, citing people briefed on the matter. The seven-year old case in Brooklyn federal court accuses Visa and Mastercard of conspiring to raise stores' fees for processing their payment cards. Visa, Mastercard and the banks that issue their payment cards are accused of working together to steer merchants toward certain forms of payment. U.S. ... |
| After ECB cut, U.S. asset managers tighten fund access Posted: 06 Jul 2012 11:47 AM PDT BOSTON (Reuters) - Three big U.S. money managers have restricted investor access to European money market funds in the wake of the European Central Bank's interest rate cut. JPMorgan Chase & Co, BlackRock Inc, which is the world's largest money manager, and Goldman Sachs Group Inc on Friday all confirmed the restrictions. JPMorgan spokeswoman Kristen Chambers said the New York bank's investment arm temporary closed funds to new investors after the ECB's rate cut on Thursday, "because we think it will help prevent further dilution in yields, which is in the best interest of clients. ... |
| Biggest U.S. electricity system says ready for heat wave Posted: 06 Jul 2012 11:29 AM PDT (Reuters) - The biggest electricity system in the nation said it does not expect supply problems on Friday or over the weekend despite a continuing brutal heat wave. PJM, which operates the power grid in the mid-Atlantic and Midwest United States, said in a news release on Friday that it will keep a hot weather alert in effect for Friday and Saturday. A hot weather alert means that transmission and generation operators should defer maintenance on generators or power lines and be prepared for above-average demand for electricity. ... |
| In new ad, Obama challenges Romney on China trade Posted: 07 Jul 2012 08:08 AM PDT
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| Boeing hopes for year of the Max at air show Posted: 07 Jul 2012 07:18 AM PDT
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| Analysis: GOP hopes lumbering economy dooms Obama Posted: 07 Jul 2012 06:26 AM PDT
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| The tax man cometh to police you on health care Posted: 07 Jul 2012 05:10 AM PDT
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| Voters on offshore Taiwan island OK casinos Posted: 07 Jul 2012 03:42 AM PDT The offshore Taiwanese island chain of Matsu appears set to join Macau in the China gambling sweepstakes. |
| Turkmenistan's leader angered by poor grain yield Posted: 06 Jul 2012 11:06 PM PDT The authoritarian president of Turkmenistan has shaken up his government after a disappointing grain harvest and has sought to forestall discontent by announcing salary hikes after a spike in bread prices. |
| Obama challenges Romney on China trade Posted: 06 Jul 2012 10:52 PM PDT
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| Best Buy to cut 2,400 jobs in turnaround effort Posted: 06 Jul 2012 06:46 PM PDT Electronics retailer Best Buy Co. is laying off 600 staffers in its Geek Squad technical support division and 1,800 other store workers as it seeks to restructure operations and improve results, the company said Friday. |
| NC official probes utility merger after CEO change Posted: 06 Jul 2012 05:10 PM PDT The sudden decision to replace the chief executive tapped to run America's largest electric company has prompted North Carolina's attorney general and regulators to launch investigations into whether consumers were misled. |
| AMR sues retired workers over health benefits Posted: 06 Jul 2012 04:54 PM PDT American Airlines and its parent company are suing to stop providing health care and life insurance benefits to current retirees. |
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