##EasyReadMore##

Friday, December 31, 2010

DAI: Indexes end strong year and month with quiet day

Reuters
If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
12/31/2010
News Good evening Pan
LATEST NEWS
Indexes end strong year and month with quiet day
NEW YORK (Reuters) - U.S. stocks closed out a year of double-digit gains and the S&P's best December since 1991 with a quiet and little changed session on Friday as investors found no reason to make big bets ahead of the new year. | Full Article
United loses arbitration in regional jet dispute
December 31, 2010 02:48 PM ET
LOS ANGELES (Reuters) - An arbitrator ruled that United Continental Holdings cannot use Continental's codes for 70-seat jets operated by its regional partners since a labor contract requires them to be flown by Continental pilots. | Full Article
Global stock fund inflows gain, bonds slow: source
December 31, 2010 02:46 PM ET
NEW YORK (Reuters) - Money flows to global equity and other stock funds accelerated during the fourth quarter, signaling a possible twist in 2011 from the record investments made in bond portfolios over the last year, according to a report published by EPFR Global on Friday. | Full Article
Oil hits 26-month high to end 2010 up 15 percent
December 31, 2010 03:52 PM ET
HOUSTON/NEW YORK (Reuters) - Oil prices hit a 26-month high over $92 a barrel on Friday, closing the year up 15 percent on expectations that the economic recovery will drive demand growth next year and send prices into triple digits. | Full Article
Skype could be designated illegal in China
December 31, 2010 01:06 PM ET
BEIJING/NEW YORK (Reuters) - China will crack down on what it called illegal Internet telephone providers, according to a circular from the Chinese government, a policy that could hurt the popular service Skype. | Full Article
US TOP NEWS
CVS to buy Universal's Medicare unit for $1.25 billion
December 31, 2010 01:42 PM ET
NEW YORK (Reuters) - CVS Caremark, No. 2 U.S. drugstore chain, agreed to buy Universal American's Medicare prescription drug business for about $1.25 billion to expand in a growing segment of the pharmacy benefit market. | Full Article
Stocks, commodities shine in 2010
December 31, 2010 02:13 PM ET
NEW YORK/LONDON (Reuters) - World stocks were set to end 2010 at their highest levels in 28 months as investors geared up for further risk-taking into 2011, prompted by a wilting dollar and low yields on U.S. bonds. | Full Article
ArcelorMittal matches rival offer for Baffinland
December 31, 2010 12:41 PM ET
PARIS/TORONTO (Reuters) - Steel giant ArcelorMittal upped its takeover bid for Baffinland Iron Mines on Friday, valuing the company at about C$550 million ($550 million) as it pursues its undeveloped iron ore deposit in Canada's Arctic. | Full Article
Anadarko deemed a good fit for BHP amid bid talk
December 31, 2010 04:06 PM ET
SYDNEY (Reuters) - Miner BHP Billiton's acquisition strategy was back in the spotlight on Friday as market talk resurfaced that it was looking at a $40 billion-plus bid for Anadarko Petroleum Plc, although banking sources said they were unaware of any imminent offer. | Full Article
U.N. official warns Gbagbo on rights violations
December 31, 2010 04:02 PM ET
ABIDJAN/GENEVA (Reuters) - A senior United Nations official warned incumbent Ivory Coast President Laurent Gbagbo and other senior officials on Friday they may be held criminally accountable for human rights violations. | Full Article
HEALTH NEWS
Eating lots of red meat ups women's stroke risk
Pregnant women often deny smoking
Spike in problem drinkers under proposed new rules
Study finds no blood clot risk with hormone patch
Few Americans travel overseas for medical care
RELATED VIDEO
128 X 72
IFR Sees December Jobs Up 180K

128 X 72
CVS to buy medicare unit

128 X 72
Status update: it's complicated

Reuters Business Today
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today.
Reuters Technology Report
Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today.
Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today.
» MORE NEWSLETTERS
ODDLY ENOUGH
140 X 101
Words "viral" and "epic" consigned to college trash
Full Article
Odd 2010: Sound the vuvuzela for year of the mystic mollusc
Huge Brazil oil field will bear Lula's name
"Eat' em" stratagem for lionfish invasion in Florida
Soccer scandals "shaping kids' view of marriage"
"Science sense" list trashes celebrity health tips
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter Facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

Shooting Gold Diggers at African Mine Seen Amid Record Prices

If you have trouble reading this e-mail, go to http://www.businessweek.com/insider/insider.htm

BusinessWeek magazine: The most-read source of global business news
SEARCH SITE

Advanced Search
Top News BW Magazine Investing Asia Europe Technology Autos Innovation Small Business B-Schools Careers BusinessWeek Channels : BW Magazine, Daily Briefing, Investing, Asia, Europe, Technology, Autos, Innovation, Small Business, B-Schools and Careers
December 30, 2010
 

Insider Newsletter

A weekly summary of the best in Bloomberg Businessweek and Businessweek.com


NEWS  THIS WEEK'S TOP STORY

Shooting Gold Diggers at African Mine Seen Amid Record Prices

 

Editor's Memo
Security guards and federal police have allegedly shot and killed people scavenging the waste rock at Barrick Gold's North Mara mine in Tanzania. From our Special Report, "The Dark Side of the Gold Boom," read Cam Simpson's shocking report that weighs the value of a life against the value of a metal.

Ready for some end of the year lists? Bloomberg Businessweek has a few, including: 7 tech gadets, 8 social media resolutions, and 10 green business stories.

There's much more in the Insider this week—including a slide show about the Chilean miners and Ed Wallace's take on ethanol—from Businessweek.com, Bloomberg Businessweek, and Bloomberg.com.
—Katherine Davis


  FROM THIS WEEK'S ISSUE OF BUSINESSWEEK
COVER STORY
Charged for Battle
The first serious contenders for a mass-scale electric car are on the road. They've already changed GM and Nissan; will they change the world?

FEATURES
Will Richard Branson's Virgin America Fly?
The fun carrier has shown promise, despite byzantine regulations, powerful rivals, and airlines' tendency to hemorrhage money during recessions and spikes in fuel prices. But Virgin is at a turning point, and its future is far from certain

POLITICS & POLICY
Chinese Companies Expand to U.S. Soil and Markets
Companies from China are increasingly setting up shop in the U.S. to avoid trade barriers and to learn better ways to prosper in their fiercely competitive home market

  FROM BW.COM'S TECHNOLOGY CHANNEL
SOFTWARE
Google Pushes Education Software Through App Store
Google is talking with makers of educational software to help build a marketplace for online learning programs, an industry whose value may approach $5 billion

GIGAOM • From GigaOm
My Seven Favorite Gadgets of the Year
The author enthuses about the iPad, his Nexus One, the magic of Kinect, his Canon S95, and a MacBook Air. His top pick? The Galaxy Tab

VIEWPOINT
CES: Three Big Stories You Might Miss
Tablets could be the future for computing—and smartphone are giving way to new "superphones" that will do far more, writes Accenture's Kumu Puri

  FROM BW.COM'S SMALLBIZ CHANNEL
SMART ANSWERS
Struggling to Start a Farm in Los Angeles
How one urban farmer battled red tape to sell local food and flowers

SALES & MARKETING
Eight Social Media Resolutions for 2011
Keep your marketing on social networks meaningful in the New Year by being original and authentic, says Steve McKee

VIEWPOINT
To Spur Economic Growth, Bet on 60 Startups
By helping turn a relatively tiny number of innovative new companies into billion-dollar businesses, policymakers could dramatically boost the recovery

  FROM BW.COM'S ASIA & EUROPE CHANNELS

Debt Struggles Set to Deepen
Europeâ?Ts most indebted nations, already struggling to find buyers for their bonds, will face more competition as the region issues new securities to fund Irelandâ?Ts rescue


Demand Soars for Dim Sum Bonds
Banks expect sales in Hong Kong of yuan-denominated bonds will double in 2011 as demand outstrips supply and the yuan

  FROM BW.COM'S LIFESTYLE CHANNEL
WALLACE'S WORLD
End the Ethanol Insanity: Ed Wallace
Ethanol damages engines and is not a viable alternative to fossil fuels, but farmers and lobbyists don't want you to know that

THE BUSINESS OF SPORTS
Pro Sports Gave Generously in 2010
Sure, a lot of top athletes make crazy money, but America's four major sports leagues—the NFL, MLB, NBA and PGA—give away crazy money too

LEADING WITH PURPOSE: ALAINA LOVE
Twelve Signs Arrogance Is Running Your Company
Maybe you let talented players walk away or give yourself credit you don't deserve. You're setting up your business to backslide

  FROM BW.COM'S INNOVATION & DESIGN CHANNEL
HARVARD BUSINESS REVIEW • From Harvard Business Review
The Top 10 Green Business Stories of 2010
A doomed climate bill, electric vehicles, supply chain pressure—consultant Andrew Winston provides a round-up of the hottest environmental topics

HARVARD BUSINESS REVIEW • From Harvard Business Review
Cocreating Business's New Social Compact
For successful collaboration between NGOs and corporations, flexibility, transparency, and trust must be employed to satisfy local needs


Nicole Kidman, Keith Urban Buy New York High-Rise Parking Chic
Thanks to innovative architects, New Yorkers finally get to park right outside their front doors

  FROM BW.COM'S FINANCE CHANNEL

Grantham, Yacktman Still Love Big Stocks
After telling investors to buy big equities in 2010â?"and then trailing their peersâ?"Jeremy Grantham, Bill Miller, and Donald Yacktman again insist big stocks remain relatively undervalued

VIEWPOINT
Conditions Are Ripe for an M&A Boom in 2011
Corporations have the cash and motivation to go back on the hunt for acquisitions after a long drought

VIEWPOINT
No Rest for Retirees
Retirees need to lower their savings withdrawal rates to adjust to new global realities, research suggests. The bottom line: Save more, or spend less

 BW MALL  SPONSORED LINKS
Buy a link now!




This newsletter is a FREE service provided by BusinessWeek.com.

To sign up for other newsletters, cancel delivery, change delivery options or change your e-mail address, please go to our Newsletter Preferences page.

If you need other assistance, please contact Customer Service
or contact:

Wanda Cooper
BusinessWeek Customer Rights
Communications Data Services
1995 G Avenue
Red Oak, IA 51566
Phone: 1-800-635-1200

To learn more about how BusinessWeek.com applies this policy, you can contact our Marketing Department.

Copyright 2009-2010 by BLOOMBERG L.P. ALL RIGHTS RESERVED.
Terms of Use | Privacy Notice



    FEATURED SLIDE SHOWS > >


Advertisement


  Reader Poll: Special Issue

 


Featured Blog

openquote

Government regulations, when done right, are supposed to either prohibit bad behavior or encourage the right ones. I came across one proposal that may have it backward. Right now, the Environmental Protection Agency, National Highway Traffic and Safety Administration, and California Air Resources Board are mulling rules that would push the average car sold to a mandated 60 miles per gallon by 2025.

closequote
David Welch—The Auto Beat
READ MORE >


ADVERTISEMENT
    Generate Serious Income in Turbulent Markets
    In today's market, there's more to trading covered calls than just buying a stock and selling a call. With a complimentary 3 month subscription to Bernie Schaeffer's "Covered Call Plus", you'll learn how to maximize income without limiting your upside while still reducing downside exposure.


Advertisement


  FEATURED COLUMN
For Business Schools, Culture Matters
To create a different kind of B-school graduate, a dean argues that a key first step is creating a different kind of B-school culture
 


  FEATURED VIDEO
Humphries: Home Prices Will Fall
Stan Humphries, chief economist of Zillow Inc., and Michael Feder, chief executive officer of Radar Logic Inc., talk about the outlook for the U.S. housing market. They speak with Carol Massar and Su Keenan on Bloomberg Television's "Street Smart"
 


Reuters Health Report

Reuters
If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
12/31/2010
News Good Morning Pan
LATEST NEWS
Canada to put bigger health warnings on cigarettes
OTTAWA (Reuters) - Canada will slap larger and enhanced warning labels on cigarette packs, the government announced on Thursday, in a step critics said was unduly delayed because of lobbying by tobacco companies. | Full Article
Smoking tied to miscarriage risk
December 30, 2010 10:45 PM ET
NEW YORK (Reuters Health) - A new study may offer women one more reason to kick the smoking habit before becoming pregnant: a potentially reduced risk of early miscarriage. | Full Article
More evidence olive oil and veggies help the heart
December 30, 2010 04:23 PM ET
NEW YORK (Reuters Health) - It's no secret that eating well is good for both body and mind, so it may not come as a surprise that a new study finds women who eat more olive oil and leafy vegetables such as salads and cooked spinach are significantly less likely to develop heart disease. | Full Article
Underage drinking hits hospitals at New Year
December 30, 2010 01:02 AM ET
CHICAGO (Reuters) - Hospital emergency visits due to underage drinking are likely to jump on New Year's day, U.S. government researchers said on Thursday, hoping to warn parents and young people of the dangers as they ring in 2011. | Full Article
South Korea confirms bird flu cases as foot-and-mouth spreads
December 30, 2010 10:30 PM ET
SEOUL (Reuters) - South Korea, already battling a serious outbreak of food-and-mouth disease in livestock, on Friday confirmed an outbreak of bird flu at poultry farms. | Full Article
US TOP NEWS
CVS to buy Universal American's Medicare drug unit
December 31, 2010 09:26 AM ET
NEW YORK (Reuters) - Drugstore chain CVS Caremark agreed to buy Universal American's Medicare prescription drug business for about $1.25 billion. | Full Article
Global stocks end 2010 at over 2-year highs
December 31, 2010 06:11 AM ET
LONDON (Reuters) - World stocks are set to end the year at their highest levels in 28 months as investors gear up for continued risk-taking into 2011, prompted by a wilting dollar and narrowing yields on safe-haven U.S. bonds. | Full Article
Investors see Anadarko as good fit for BHP
December 31, 2010 05:02 AM ET
SYDNEY (Reuters) - Miner BHP Billiton's acquisition strategy was back in the spotlight on Friday as market talk resurfaced it was looking at a $40 billion-plus bid for Anadarko Petroleum although banking sources said they were unaware of any imminent offer. | Full Article
Rattner settles with Cuomo for $10 million
December 30, 2010 03:37 PM ET
NEW YORK (Reuters) - Former Obama administration auto industry czar Steven Rattner agreed to pay $10 million to resolve lawsuits by New York's attorney general over kickbacks allegedly paid to do business with the state's pension fund. | Full Article
Woman in insider trading case stays in jail
December 30, 2010 07:20 PM ET
SAN FRANCISCO (Reuters) - A California woman charged with leaking secrets about technology companies to two hedge funds in exchange for illegal payments will stay in jail over the weekend after a friend failed to guarantee her bail, her lawyer said. | Full Article
BUSINESS NEWS
Wall Street edges lower on year-end profit taking
Oil to end the year up 12 percent, average near $80
Skype could be designated illegal in China
Euro has 1-in-5 chance of lasting decade: UK think-tank
Factories and services hummed along in December
RELATED VIDEO
128 X 72
Bolivia fuel hike sparks protest

128 X 72
Mexico hikes price of cigarettes

128 X 72
South Korea confirms bird flu cases

Reuters Business Today
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today.
Reuters Technology Report
Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today.
Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today.
» MORE NEWSLETTERS
ODDLY ENOUGH
140 X 101
Odd 2010: Sound the vuvuzela for year of the mystic mollusc
Full Article
Huge Brazil oil field will bear Lula's name
"Eat' em" stratagem for lionfish invasion in Florida
Soccer scandals "shaping kids' view of marriage"
"Science sense" list trashes celebrity health tips
UK tourists will have to wait for wax royal Kate
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter Facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend
Not What You Were Looking For? Try a new Google Web Search