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January 30, 2010

California lists moon junk as historical resource

Filed under: Interesting, Medical, News — admin @ 8:04 am

LOS ANGELES (Reuters) - Seeking to preserve the site where humans first set foot on the moon, a California state panel on Friday registered a collection of 106 objects left by the Apollo 11 mission as an historical resource.

Experts unveil dino, oldest known ancestor of birds

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HONG KONG (Reuters) - China has unearthed the fossil of a two-legged carnivorous dinosaur that lived 160 million years ago and which researchers have identified as the earliest known member of a long lineage that includes birds.

Are U.S. stocks set for a down year?

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NEW YORK (Reuters) - The adage ‘as January goes, so goes the year’ bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. In the coming week, they will have to contend with fears of sovereign defaults and the potential for unpleasant surprises in the U.S. labor market.

Toyota chief apologizes for huge recall

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TOKYO (Reuters) - Toyota Motor Corp President Akio Toyoda apologized for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings recovery.

UBS board has no one lined up to succeed CEO

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ZURICH (Reuters) - No successor has yet been lined up to follow UBS chief executive Oswald Gruebel, the chairman of the Swiss bank’s executive board was quoted as saying in a newspaper interview on Saturday.

Economy soars 5.7 percent, fastest in 6 years

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WASHINGTON (Reuters) - The economy grew at its fastest pace in more than six years in the fourth quarter, surprising economists, as businesses curbed their aggressive cut in stocks and stepped up spending.

Cisco set for first quarterly sales growth in year

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NEW YORK (Reuters) - Cisco Systems Inc is expected to post its first quarterly revenue growth in more than a year when it reports results, as customers more confident about the economy upgrade their networks.

Trade ministers downbeat on WTO prospects

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DAVOS, Switzerland (Reuters) - Trade ministers were skeptical on Saturday about the prospects of concluding stalled global trade liberalization talks this year, with some blaming the United States for foot-dragging.

U.S. growth spurt fans recovery hopes

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DAVOS, Switzerland (Reuters) - An acceleration in U.S. economic growth at the end of last year has fanned optimism about the outlook for global growth among business chiefs and policymakers in Davos.

Rep Frank says banks "recognizing reality"

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DAVOS, Switzerland (Reuters) - Barney Frank, the powerful chairman of the House Financial Services Committee, said on Saturday a reported move by banks to agree on a global wind-down fund was a “major recognition of reality.”

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