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Jul 8, 2011

HEALTH News, Jul 08, 2011

Rule aims to cut smog and soot from coal plants
Thu,7 Jul 2011 02:21 PM PDT
Reuters - WASHINGTON (Reuters) - U.S. environmental regulators finalized a rule on Thursday to slash air pollution from coal-fired power plants in 27 states east of the Rocky Mountains that result in unhealthy levels of smog and soot. Full Story1

High diabetes risk in New York's South Asians
Thu,7 Jul 2011 02:20 PM PDT
Reuters - NEW YORK (Reuters Health) - A new study from New York City finds that immigrants from the Indian subcontinent have the highest rates of diabetes in the city -- a fact that may be masked by their being grouped with other Asians in assessments of community health risks, researchers say. Full Story1

Medicaid improves health and budgets of poor
Thu,7 Jul 2011 01:46 PM PDT
Reuters - WASHINGTON (Reuters) - Medicaid, a government health insurance program designed to help the poorest of the poor, is giving people unprecedented access to doctors and also improving their finances, a study co-authored by the Harvard School of Public Health has found. Full Story1

Curbing kids' screen time is hard: study
Thu,7 Jul 2011 12:41 PM PDT
Reuters -
photoNEW YORK (Reuters Health) - Interventions designed to help kids lose weight by cutting back on the time they spend watching TV or playing video games are so far largely unsuccessful, according to a new report.

Doctors keeping very sick babies off life support
Thu,7 Jul 2011 12:39 PM PDT
Reuters - NEW YORK (Reuters Health) - A study of babies in intensive care suggests that doctors are getting better at recognizing situations where infants are sure to die or have severe brain damage -- and are often holding back on life support when that's the case. Full Story1

Medicaid improves health and budgets of poor
Thu,7 Jul 2011 11:12 AM PDT
Reuters -
photoWASHINGTON (Reuters) - Medicaid, a government health insurance program designed to help the poorest of the poor, is giving people unprecedented access to doctors and also improving their finances, a study co-authored by the Harvard School of Public Health has found.

Pushing Western medicine with fear in India
Thu,7 Jul 2011 09:19 AM PDT
Reuters -
photoNEW YORK (Reuters Health) - If you sleep less than six hours a night, you're increasing your risk of developing or dying from heart disease by 48 percent. At least, that's what U.S.-based pharmaceutical giant Abbott would have 1.2 billion people in Indiabelieve.

Germany approves genetic testing of human embryos
Thu,7 Jul 2011 09:01 AM PDT
Reuters -
photoBERLIN (Reuters) - Germany's parliament agreed in a conscience vote on Thursday to allow the limited use of genetic testing of human embryos.

Mississippi most obese state, Colorado least
Thu,7 Jul 2011 08:42 AM PDT
Reuters -
photoLOS ANGELES (Reuters) - The number of obese U.S. adults rose in 16 states in the last year, helping to push obesity rates in a dozen states above 30 percent, according to a report released on Thursday.

Older women who take vitamin D3 may live longer
Thu,7 Jul 2011 08:39 AM PDT
Reuters -
photoNEW YORK (Reuters Health) - Elderly women who take vitamin D3 supplements may have a small survival advantage over those who don't, a new research review concludes, although they also raise their risk of kidney stones.

WHO wants more graphic warnings to cut smoking rates
Thu,7 Jul 2011 07:03 AM PDT
Reuters -
photoLONDON (Reuters) - More than a billion people in 19 countries are now covered by laws requiring large, graphic health warnings on tobacco packs but too many countries are still not doing enough to cut smoking rates, the World Health Organization said on Thursday.

India says EU deal won't hit AIDS drugs supply: U.N.
Thu,7 Jul 2011 05:46 AM PDT
Reuters - NEW DELHI (Reuters) - India has promised not to link a proposed trade deal with the European Union with limiting its production of generic HIV/AIDS drugs, the United Nations said on Thursday, giving hope to millions of infected patients but underlining the hurdles for the controversial pact. Full Story1

South Korea back in stem cell spotlight with new treatment
Wed,6 Jul 2011 11:01 PM PDT
Reuters - SEONGNAM, South Korea (Reuters) - More than five years after South Korea's scientific reputation was shattered by a cloning research scandal, the country has approved stem cell medication in the form of a treatment for heart attack victims for the world's first clinical use. Full Story1

Review raises questions over benefits of cutting salt
Wed,6 Jul 2011 03:30 PM PDT
Reuters -
photoLONDON (Reuters) - In an analysis that set off a fierce debate over the health effects of salt, researchers said on Wednesday they had found no evidence that small cuts to salt intake reduce the risk of developing heart disease or dying prematurely.

Fewer mammograms needed for low-risk women: study
Wed,6 Jul 2011 03:28 PM PDT
Reuters - NEW YORK (Reuters Health) - Less-frequent mammograms for women at low risk for breast cancer can be a cost-effective way of saving lives, according to a new study that challenges current screening guidelines for the disease. Full Story1


 

BUSINESS News, Jul 08, 2011

Asia stocks set for third week of gains before U.S. data
Thu,7 Jul 2011 11:29 PM PDT
Reuters - photoHONG KONG (Reuters) - Asian stocks are set for their third consecutive week of gains on expectations later on Friday of strong U.S. jobs data, which would encourage investors to sustain a shift toward emerging market assets that began last week.

Full Story1

Jobs seen boosting hopes of an economic revival
Thu,7 Jul 2011 09:09 PM PDT
Reuters - photoWASHINGTON (Reuters) - U.S. companies probably stepped up hiring in June as the economy recovers from a stumble in recent months, although job growth is not expected to be strong enough to eat into high unemployment.

Full Story1
Big pickups clog dealer lots, concern analysts
Thu,7 Jul 2011 07:04 PM PDT
Reuters - photoDETROIT (Reuters) - Big pickup trucks are clogging many U.S. dealer lots, causing headaches for General Motors Co and other automakers, and raising concerns about price wars and lower profits later in the year.

Full Story1
Factbox: Reaction to Murdoch's decision to shut paper
Thu,7 Jul 2011 06:58 PM PDT
Reuters - LONDON (Reuters) - Following are headlines and reaction from British newspapers to Thursday's announcement by Rupert Murdoch's News International that it will close the News of the World tabloid. Full Story1
UK's Miliband wants media watchdog scrapped
Thu,7 Jul 2011 06:35 PM PDT
Reuters - LONDON (Reuters) - Britain's media watchdog is "toothless" and should be scrapped, opposition leader Ed Miliband is expected to say on Friday after a phone-hacking scandal sent shockwaves across the country and led to the closure of a top-selling tabloid.Full Story1
Buffett gives $1.78 billion to Gates, family charities
Thu,7 Jul 2011 05:21 PM PDT
Reuters - photoNEW YORK (Reuters) - Investor Warren Buffett has donated another $1.78 billion to several charities, with the bulk going to the Bill & Melinda Gates Foundation, as part of his plan begun in 2006 to donate 99 percent of his wealth.

Full Story1
Simon Property to give CEO a million shares to stay
Thu,7 Jul 2011 04:26 PM PDT
Reuters - NEW YORK (Reuters) - The board of Simon Property Group Inc , the largest owner of U.S. malls and outlet centers, has agreed to a plan that will give CEO and Chairman David Simon 1 million shares for him to remain with the company for at least another eight years, according to a regulatory filing. Full Story1
Atco expands in Australia with gas distributor buy
Thu,7 Jul 2011 03:17 PM PDT
Reuters - photoBANGALORE/CALGARY (Reuters) - Atco Ltd , the Canadian utility and manufacturing conglomerate, said on Thursday it would buyWestern Australia Gas Networks for A$356 million (C$367 million) to strengthen its presence in booming Western Australia.

Full Story1
JPMorgan settles muni bid-rigging case for $211 million
Thu,7 Jul 2011 03:16 PM PDT
Reuters - photoNEW YORK (Reuters) - JPMorgan Chase & Co agreed to pay $211.2 million to settle federal and state charges that its employees rigged bids for derivatives sold to at least 48 cities and charities.

Full Story1
Exclusive: Top commodities funds take fresh beating in June
Thu,7 Jul 2011 03:03 PM PDT
Reuters - NEW YORK (Reuters) - Two of the biggest commodity hedge funds suffered a second month of painful losses in June, falling victim to a rout across raw goods markets, a hedge fund investor told Reuters on Thursday. Full Story1
Murdoch journalists stunned by paper's closure
Thu,7 Jul 2011 02:49 PM PDT
Reuters - LONDON (Reuters) - Journalists at the British tabloid shut down by Rupert Murdoch broke down in tears on Thursday and expressed shock, sadness and fury at the unexpected fallout of a phone hacking scandal. Full Story1
TSX hangs on to tiny gain despite gold retreat
Thu,7 Jul 2011 02:41 PM PDT
Reuters - TORONTO (Reuters) - Toronto's main stock market index finished flat on Thursday, erasing gains it had held through the day just moments before the session end as market players squared positions ahead of Friday's highly anticipated U.S. nonfarm payrolls report for June. Full Story1
Royal Bank of Canada to enter ETF market
Thu,7 Jul 2011 02:40 PM PDT
Reuters - photoTORONTO (Reuters) - Royal Bank of Canada , the country's biggest bank, is getting into the fast-growing exchange traded fund business, according filings with regulators this week.

Full Story1
BofA to take $13 billion more in charges: Bernstein
Thu,7 Jul 2011 02:36 PM PDT
Reuters - photo(Reuters) - Bank of America will take another $13 billion in charges related to pending settlement with private label mortgage-backed securities investors, Sanford C Bernstein said.

Full Story1
Entertainment, broadband firms adopt piracy warning system
Thu,7 Jul 2011 02:24 PM PDT
Reuters - LOS ANGELES (TheWrap) - A broad coalition of entertainment industry companies, guilds, Internet services and telecommunications providers said Thursday they have joined to launch a new warning system to tell consumers when they have downloaded copyrighted material illegally. Full Story1

 

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BLOOMBERG News, Jul 08, 2011

Minnesota shutdown, impasse draws debt downgrade
Thu,7 Jul 2011 05:45 PM PDT
Reuters - MINNEAPOLIS (Reuters) - Minnesota's government shutdown reached a seventh day on Thursday with no end in sight, and a major debt rating agency stripped the state of its AAA bond rating, citing the budget battle as a reason. Full Story1

China warns U.S. officials not to meet Dalai Lama
Thu,7 Jul 2011 04:12 PM PDT
Reuters -
photoBEIJING (Reuters) - China's Foreign Ministry warned U.S. officials on Thursday not to meet with visiting exiled spiritual leader the Dalai Lama, saying it hoped Washington "appropriately dealt" with Tibet-related issues.

Minnesota shutdown, impasse draws debt downgrade
Thu,7 Jul 2011 04:10 PM PDT
Reuters - MINNEAPOLIS (Reuters) - Minnesota's government shutdown reached a seventh day on Thursday with no end in sight, and a major debt rating agency stripped the state of its AAA bond rating citing the budget battle as a reason. Full Story1

New York governor pressures union with more layoffs
Thu,7 Jul 2011 03:46 PM PDT
Reuters - NEW YORK (Reuters) - New York Governor Andrew Cuomo ramped up the pressure on union officials to concede hundreds of millions of dollars in savings on Thursday with the delivery of layoff notices to more than 300 state workers. Full Story1

California credit outlook revised to stable by S&P
Thu,7 Jul 2011 03:45 PM PDT
Reuters - NEW YORK (Reuters) - Standard & Poor's revised California's credit outlook to stable on Thursday, one of the first significant pieces of good news for U.S. state and local governments as they work their way out of the Great Recession. Full Story1

US trade bills advance but clash clouds future
Thu,7 Jul 2011 03:43 PM PDT
Reuters - WASHINGTON (Reuters) - U.S. trade deals with South Korea, Colombia and Panama cleared initial hurdles in Congress on Thursday, but a party-line clash over a program to help workers displaced by trade threatened future action. Full Story1

Analysis: Taxes only symbolic in debt talks so far
Thu,7 Jul 2011 02:18 PM PDT
Reuters - WASHINGTON (Reuters) - Symbolic gestures and agreements in principle, but not substantive reforms, are likely to be the main tax policy result of urgent talks about raising the U.S. debt ceiling. Full Story1

Union campaign spending off sharply in 2011: report
Thu,7 Jul 2011 02:03 PM PDT
Reuters - WASHINGTON (Reuters) - Donations to federal political candidates by labor unions are down sharply this year, an analysis found on Thursday, in an ominous sign for the Democratic Party heading into next year's elections. Full Story1

Minnesota loses AAA rating on Fitch downgrade
Thu,7 Jul 2011 02:00 PM PDT
Reuters -
photoNEW YORK (Reuters) - Minnesota lost its top credit rating on Thursday as Fitch Ratings downgraded the state's general obligation bonds one notch to AA-plus, citing the budget impasse.

China warns U.S. officials not to meet Dalai Lama
Thu,7 Jul 2011 12:57 PM PDT
Reuters - BEIJING (Reuters) - China's Foreign Ministry warned U.S. officials on Thursday not to meet with visiting exiled spiritual leader the Dalai Lama, saying it hoped Washington "appropriately dealt" with Tibet-related issues. Full Story1

U.S. ambassador in Hama to support Syria protesters
Thu,7 Jul 2011 12:37 PM PDT
Reuters - WASHINGTON (Reuters) - The U.S. ambassador to Syria traveled to the restive city of Hama on Thursday to show solidarity with protesters concerned that Syrian security forces ringing the city could stage a new crackdown. Full Story1

Texas Governor Perry likely to run in 2012
Thu,7 Jul 2011 12:32 PM PDT
Reuters -
photoAUSTIN, Texas (Reuters) - Among political insiders in the Texas state capital, one thing is considered certain: Governor Rick Perry will jump into the Republican presidential race in the next few weeks.

Factbox: Republican Texas Governor Rick Perry
Thu,7 Jul 2011 12:11 PM PDT
Reuters - (Reuters) - Texas Governor Rick Perry is considering a run for the Republican presidential nomination in 2012. Full Story1

Senate deal would axe $6 billion ethanol tax credit
Thu,7 Jul 2011 10:46 AM PDT
Reuters -
photoWASHINGTON (Reuters) - Three senators reached a deal on Thursday to repeal the $6 billion per year ethanol tax credit by the end of July, an agreement that must still be passed by Congress.

Obama expects "bottom lines" on debt limit on Sunday
Thu,7 Jul 2011 10:38 AM PDT
Reuters -
photoWASHINGTON (Reuters) - Congressional leaders are still far apart on a wide range of budget issues but agree on the need to raise the debt ceiling, and will meet again in three days, President Barack Obama said on Thursday.

Tax reform on the table in debt talks: Boehner
Thu,7 Jul 2011 07:37 AM PDT
Reuters -
photoWASHINGTON (Reuters) - Comprehensive tax reform that would close breaks and lower rates for businesses and individuals is under discussion in budget talks, House of Representatives Speaker John Boehner said on Thursday.

Cantor says hopes both sides can come together on debt
Thu,7 Jul 2011 05:38 AM PDT
Reuters -
photoWASHINGTON (Reuters) - House of Representatives Republican leader Eric Cantor said on Thursday he believed "both sides can come together" to reduce the debt.

China warns U.S. officials not to meet Dalai Lama
Thu,7 Jul 2011 02:47 AM PDT
Reuters - BEIJING (Reuters) - China's Foreign Ministry warned U.S. officials on Thursday not to meet with visiting exiled spiritual leader the Dalai Lama, saying it hoped Washington "appropriately dealt" with Tibet-related issues. Full Story1

Varney to step down as top antitrust official
Thu,7 Jul 2011 02:06 AM PDT
Reuters - WASHINGTON (Reuters) - Christine Varney, the top antitrust official in the U.S. Justice Department, is stepping down, the department said on Wednesday. Full Story1

Democrats challenge Obama's Afghan withdrawal plan
Wed,6 Jul 2011 09:35 PM PDT
Reuters -
photoWASHINGTON (Reuters) - Democratic lawmakers fed up with the lingering war in Afghanistan launched a new challenge to President Barack Obama's plan for a measured U.S. troop withdrawal over the next year as they resumed debate on Wednesday on a $649 billion defense spending bill.

Minnesota governor offers ideas, Republicans balk
Wed,6 Jul 2011 06:48 PM PDT
Reuters - MINNEAPOLIS (Reuters) - Minnesota's Democratic Governor Mark Dayton offered two tax proposals on Wednesday to end a budget impasse that has shut down the government, but Republicans rejected the ideas as a step backward. Full Story1

Deal to end 45-cent ethanol credit seen this week
Wed,6 Jul 2011 04:06 PM PDT
Reuters - WASHINGTON (Reuters) - Three U.S. senators working on a framework to replace the $6 billion a year ethanol tax credit with far less costly incentives could strike a deal as soon as Thursday, Senate and industry sources said. Full Story1

Obama tweets for the first time, tweaks Republicans
Wed,6 Jul 2011 02:04 PM PDT
Reuters -
photoWASHINGTON (Reuters) - U.S. President Barack Obama took to Twitter on Wednesday to press his economic agenda, using the popular social media site to tweak Republicans and advocate for a deal to reduce the deficit.

Senate panel to try again to move trade deals
Wed,6 Jul 2011 01:59 PM PDT
Reuters - WASHINGTON (Reuters) - Senate Finance Committee Chairman Max Baucus said on Wednesday the panel would try to restart action on Thursday on three long-delayed free trade deals, after Republicans boycotted talks over a program to help workers displaced by trade. Full Story1

U.S. firearms head admits Mexico gun sting mistakes
Wed,6 Jul 2011 12:43 PM PDT
Reuters - WASHINGTON (Reuters) - The acting head of the U.S. firearms agency admitted during secret talks at Congress that mistakes were made in a botched operation to track the illegal movement of guns to Mexico, lawmakers said on Wednesday. Full Story1

Analysis: Easing economy will offer some respite to Obama
Wed,6 Jul 2011 12:28 PM PDT
Reuters -
photoWASHINGTON (Reuters) - Signs of economic improvement could bolster President Barack Obama's re-election hopes as he tries to beat back Republican attacks over his failure to create enough jobs.

Obama changes protocol on troop suicides
Wed,6 Jul 2011 12:25 PM PDT
Reuters -
photoWASHINGTON (Reuters) - Announcing a change of protocol, President Barack Obama said on Wednesday he would write condolence letters to families of military personnel who take their own lives in combat zones.

Obama: debt debate not a weapon for tax breaks
Wed,6 Jul 2011 11:50 AM PDT
Reuters -
photoWASHINGTON (Reuters) - President Barack Obama said on Wednesday the debate over raising the debt ceiling should not be used as a gun against the heads of American people in an effort to secure tax breaks.

Militants may try bomb implants to attack
Wed,6 Jul 2011 11:47 AM PDT
Reuters - WASHINGTON (Reuters) - Militants are showing renewed interest in using a bomb surgically implanted inside a passenger's body to blow up a commercial flight, though there is no indication an attack is imminent, a U.S. security official said on Wednesday. Full Story1

Romney raises $18 million for White House bid
Wed,6 Jul 2011 11:46 AM PDT
Reuters -
photoWASHINGTON (Reuters) - Republican presidential hopeful Mitt Romney raised more than $18 million over the last three months, a total that dwarfed his Republican rivals but lagged some predictions.

Analysis: Worries on debt ceiling bubble beneath surface
Wed,6 Jul 2011 11:38 AM PDT
Reuters -
photoNEW YORK (Reuters) - As the standoff over raising the government's borrowing limit enters its final month, it's becoming harder for investors to avoid thinking the unthinkable: the world's most trusted borrower could soon renege on its debt.

Mexico to cut duties on U.S. after trucking deal
Wed,6 Jul 2011 11:19 AM PDT
Reuters - MEXICO CITY (Reuters) - Mexico will cut in half retaliatory duties on more than $2 billion of U.S. farm and industrial goods this week after signing a deal with Washington on Wednesday to allow Mexican truckers onto American roads. Full Story1

Factbox: 2012 presidential cash race ramps up
Wed,6 Jul 2011 06:45 AM PDT
Reuters - (Reuters) - The race for cash among Republican candidates aiming to unseat Democratic President Barack Obama has begun in earnest and most hopefuls are lagging far behind Mitt Romney, the former Massachusetts governor. Full Story1

Senate's Reid scraps Libya measure for debt
Tue,5 Jul 2011 04:35 PM PDT
Reuters -
photoWASHINGTON (Reuters) - U.S. Senate Majority Leader Harry Reid on Tuesday pulled a resolution to authorize the U.S. military conflict in Libya from the Senate schedule, after Republicans said they wanted to focus on the debt crisis instead.

Obama to meet Congress leaders Thursday on debt
Tue,5 Jul 2011 04:27 PM PDT
Reuters -
photoWASHINGTON (Reuters) - President Barack Obama rejected proposals on Tuesday for a short-term deal to raise the U.S. debt limit and pressured congressional leaders to reach a broad agreement within two weeks to avoid a government default by August 2.

Mondale and others seek to end Minnesota shutdown
Tue,5 Jul 2011 03:50 PM PDT
Reuters - MINNEAPOLIS (Reuters) - Former Vice President Walter Mondale, calling Minnesota's budget crisis a "deadlocked train wreck," on Tuesday offered expert help to end his home state's government shutdown. Full Story1

Senator Baucus asks Exxon for details on pipe spill
Tue,5 Jul 2011 03:48 PM PDT
Reuters -
photoWASHINGTON (Reuters) - A U.S. senator from Montana asked Exxon Mobil Corp on Tuesday for details about the pipeline that ruptured over the weekend spilling about 1,000 barrels of oil into the rain-swollen Yellowstone River.

Factbox - Raw materials covered by China loss at WTO
Tue,5 Jul 2011 03:27 PM PDT
Reuters - (Reuters) - A World Trade Organization panel ruled on Tuesday that various quotas, duties and other devices used by China to restrict exports of key raw materials violated commitments it made to join the world trade body. Full Story1

WTO rules China curbs on raw material exports illegal
Tue,5 Jul 2011 03:27 PM PDT
Reuters - BRUSSELS/WASHINGTON (Reuters) - China broke international law when it curbed exports of coveted raw materials, the World Trade Organization ruled Tuesday, in a landmark case threatening Beijing's defense for similar export brakes on rare earths. Full Story1

Wounded Giffords aide makes emotional return to work
Tue,5 Jul 2011 03:17 PM PDT
Reuters -
photoTUCSON, Arizona (Reuters) - An aide to Arizona Representative Gabrielle Giffords made an emotional return to work on Tuesday, nearly six months after he was seriously wounded in the Tucson shooting rampage.