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Friday, February 25, 2011

DAI: Wall St closes higher as oil stabilizes

Reuters
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02/25/2011
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LATEST NEWS
Wall St closes higher as oil stabilizes
NEW YORK (Reuters) - U.S. stocks rose on Friday, bouncing back from a three-day sell-off as oil prices stabilized, but unease over the Libyan rebellion could be enough to keep buying in check. | Full Article
Fed's Lacker says oil price risks "manageable"
February 25, 2011 03:26 PM ET
NEW YORK (Reuters) - Oil price gains to date do not pose a risk to the U.S. economy but they could prove nettlesome if they jump a lot higher or create an inflationary psychology, Richmond Federal Reserve Bank President Jeffrey Lacker said on Friday. | Full Article
Economic growth trimmed, consumers more upbeat
February 25, 2011 03:30 PM ET
WASHINGTON (Reuters) - U.S. consumer confidence hit a three-year high in February, suggesting the economy remained on a solid footing despite soaring gasoline prices. | Full Article
Boeing basks in glow of tanker win, but risks loom
February 25, 2011 03:21 PM ET
CHICAGO (Reuters) - Boeing Co, its suppliers and investors had good reason to cheer after the company snared a $30 billion Pentagon order this week, but challenges loom as Boeing prepares to fill the historic order on what may be a tight budget. | Full Article
Starbucks wins Kraft appeal over coffee deal
February 25, 2011 04:14 PM ET
NEW YORK (Reuters) - A significant legal obstacle was removed to Starbucks Corp ending its coffee distribution agreement on March 1 with Kraft Foods Inc by a U.S. appeals court ruling on Friday. | Full Article
US TOP NEWS
Gaddafi vows to fight as opposition closes in
February 25, 2011 04:29 PM ET
TRIPOLI (Reuters) - Muammar Gaddafi vowed to "crush any enemy" on Friday, addressing a crowd of supporters in Tripoli as Libya's popular uprising closed in around him. | Full Article
Wisconsin vote sets up showdown on union plan
February 25, 2011 04:20 PM ET
MADISON, Wisconsin (Reuters) - The Wisconsin state Assembly early on Friday passed a Republican plan to curb public sector union power, setting up a showdown with Senate Democrats who have fled the state to prevent a vote in that chamber. | Full Article
Republicans raise pressure on spending cuts
February 25, 2011 01:59 PM ET
WASHINGTON (Reuters) - Republicans in the House of Representatives on Friday called a government shutdown "unacceptable" but raised the pressure on President Barack Obama and his fellow Democrats to go along with deep spending cuts this year. | Full Article
IAEA says gets info on possible Iran military work
February 25, 2011 03:16 PM ET
VIENNA (Reuters) - The U.N. atomic watchdog has received new information regarding allegations that Iran may be seeking to develop a nuclear-armed missile, the agency said in a report voicing deepening concern about the issue. | Full Article
Pakistan puts CIA contractor on trial for murder
February 25, 2011 07:31 AM ET
LAHORE, Pakistan (Reuters) - A Pakistani court adjourned on Friday the trial of a CIA contractor charged with killing two Pakistanis until March 3, dismissing U.S. demands for his release. | Full Article
HEALTH NEWS
New York state may cap Medicaid costs at $15.1 billion
Girls with migraines pack on extra pounds
Hot flashes, night sweats tied to heart risks
Government sends healthcare funds to worried states
Cantor sees Social Security reform proposals soon
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