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Tuesday, December 28, 2010

DAI: Consumer confidence slips as home prices decline

Reuters
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12/28/2010
News Good evening Pan
LATEST NEWS
Consumer confidence slips as home prices decline
NEW YORK (Reuters) - Consumer confidence unexpectedly deteriorated in December, while prices of single-family homes fell almost double the expected pace in October, tempering growing optimism on the economy's recovery. | Full Article
S&P, Dow rise on energy, keeping rally alive
December 28, 2010 04:37 PM ET
NEW YORK (Reuters) - The Dow and S&P 500 rose in light trading on Tuesday, extending December's rally, as cold weather in the Northeast lifted oil prices and energy shares. | Full Article
Investor doubts linger over holiday sales upside
December 28, 2010 03:02 PM ET
NEW YORK (Reuters) - New sales data confirm that retailers are poised to show their best holiday season in three years, but investors seemed unimpressed as concerns mount that shoppers will pull back in the new year. | Full Article
Ex-HP CEO Hurd fights to keep letter confidential
December 28, 2010 03:47 PM ET
WILMINGTON, Delaware (Reuters) - Hewlett-Packard Co's former chief executive, Mark Hurd, asked to intervene in a Delaware shareholder lawsuit as he tries to keep private a letter tied to his abrupt departure. | Full Article
China cuts rare earth export quotas, U.S. concerned
December 28, 2010 02:56 PM ET
BEIJING (Reuters) - China announced on Tuesday it will cut its export quotas for rare earth minerals by more than 11 percent in the first half of 2011, further shrinking supplies of metals needed to make a range of high-tech products after Beijing slashed quotas for 2010. | Full Article
US TOP NEWS
Apple sued over apps privacy issues; Google may be next
December 28, 2010 01:58 PM ET
BANGALORE (Reuters) - Two separate groups of iPhone and iPad users have sued Apple Inc alleging that certain software applications were passing personal user information to third-party advertisers without consent. | Full Article
Allstate sues BofA, Mozilo over Countrywide losses
December 28, 2010 02:10 PM ET
NEW YORK (Reuters) - Allstate Corp has sued Bank of America Corp and 18 other defendants over alleged losses on more than $700 million of mortgage securities it bought from Countrywide Financial Corp. | Full Article
Northeast digs out after storm snarls travel
December 28, 2010 02:20 PM ET
NEW YORK (Reuters) - New York dug out of its sixth biggest snowstorm on record and thousands of stranded travelers hoped to finally board long-delayed flights on Tuesday after a blizzard buried the northeastern United States the day after Christmas. | Full Article
Time Warner Cable and Sinclair spar
December 28, 2010 02:53 PM ET
NEW YORK (Reuters) - Sinclair Broadcast Group Inc said it has been unable to reach a programming agreement with Time Warner Cable Inc, meaning millions of homes could lose some of their local stations on New Year's Eve. | Full Article
In Cuba, holiday cheer from Uncle Sam
December 28, 2010 01:42 PM ET
HAVANA (Reuters) - Cubans who receive money from the United States are getting a cash bonus this holiday season from an Obama administration decision that should also cut the flow of underground cash between the two countries. | Full Article
HEALTH NEWS
Some soy supplements OK for long-term use
More tiny babies surviving, but with problems
More signs lung cancer screening could save lives
FDA places experimental pain drugs on hold
Mindfulness therapy no help in fibromyalgia trial
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