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April 30, 2009

Swine flu source spawns wild theories

Filed under: Interesting, Medical, News — admin @ 2:27 pm

LONDON (Reuters) - Dead pigs in China, evil factory farms in Mexico and an Al Qaeda plot involving Mexican drug cartels are a few wild theories seeking to explain a deadly swine flu outbreak that has killed up to 176 people.

Chrysler files for bankruptcy, signs Fiat deal

Filed under: Interesting, Medical, News — admin @ 2:27 pm

DETROIT/WASHINGTON (Reuters) - Chrysler LLC — battered for the past two years by disappearing global auto sales and the credit crisis — filed for bankruptcy on Thursday and announced an industry-changing deal with Fiat after talks to restructure its debt broke down.

Wall Street pulls back after Chrysler bankruptcy

Filed under: Interesting, Medical, News — admin @ 2:27 pm

NEW YORK (Reuters) - Stocks rose on Thursday, but were well off session highs, as investors sought to reconcile upbeat corporate profits and reassuring job market data with anxiety about Chrysler LLC’s bankruptcy filing.

Oil earnings resilient despite oil price collapse

Filed under: Interesting, Medical, News — admin @ 2:27 pm

LONDON (Reuters) - The oil and gas industry showed resilience to a collapse in crude prices, with most producers and service companies reporting better-than-expected profits on Thursday, leaving only Exxon Mobil to disappoint.

P&G profit beats view, but outlook trimmed

Filed under: Interesting, Medical, News — admin @ 2:27 pm

CHICAGO (Reuters) - Procter & Gamble Co trimmed its fiscal 2009 outlook and did not offer a 2010 forecast on Thursday at a time when investors are searching for clarity amid the recession, and its shares fell about 2 percent.

Tyco International results beat estimates

Filed under: Interesting, Medical, News — admin @ 2:27 pm

NEW YORK (Reuters) - Industrial conglomerate Tyco International Ltd posted a net .57 billion quarterly net loss as it wrote down assets in light of the weak economy, but earnings before special items beat Wall Street expectations.

SEC charges firm in New York kickback probe

Filed under: Interesting, Medical, News — admin @ 2:27 pm

NEW YORK/WASHINGTON (Reuters) - U.S. securities regulators charged an investment firm and one of its executives in connection with a multimillion-dollar kickback scheme involving New York’s largest pension fund, the Securities and Exchange Commission said on Thursday.

Jobless claims fall, but incomes and spending ease

Filed under: Interesting, Medical, News — admin @ 2:27 pm

WASHINGTON (Reuters) - The number of U.S. workers filing new claims for unemployment aid fell unexpectedly last week, suggesting the pace of layoffs was easing, even as benefit rolls in mid-April swelled to another record high.

Motorola posts loss, investors concerned about cash

Filed under: Interesting, Medical, News — admin @ 2:27 pm

NEW YORK (Reuters) - Cell phone maker Motorola Inc posted a smaller-than-expected quarterly loss thanks to cost cuts that helped offset a sharp drop in cellphone sales.

Oil falls as Chrysler weighs on markets

Filed under: Interesting, Medical, News — admin @ 2:27 pm

NEW YORK (Reuters) - Oil fell on Thursday as rising inventories and Chrysler’s bankruptcy filing weighed on markets.

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