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Thursday, December 30, 2010

DAI: Jobless claims, factory data buoy recovery hopes

Reuters
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12/30/2010
News Good evening Pan
LATEST NEWS
Jobless claims, factory data buoy recovery hopes
WASHINGTON (Reuters) - Upbeat U.S. data on the jobs market and manufacturing sector Thursday buttressed the view the economy gained momentum as the year ended, setting the stage for a stronger performance in 2011. | Full Article
Wall St edges lower as year draws to a close
December 30, 2010 04:26 PM ET
NEW YORK (Reuters) - U.S. stocks closed slightly lower on Thursday as a trio of better-than-expected economic data wasn't enough to entice buyers to take on much risk in a market sitting on strong gains just before the new year. | 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
Facebook tops Google as most visited site in U.S.
December 30, 2010 04:20 PM ET
NEW YORK (Reuters) - Facebook surpassed Google for the first time as the most visited website in the United States for most of 2010. | Full Article
Minnesota sues 3M over pollution claims
December 30, 2010 02:24 PM ET
CHICAGO (Reuters) - The state of Minnesota sued 3M Co on Thursday, saying that the company contaminated the state's waters for decades with chemicals used in some of its best known products, including Scotchgard stain repellent. | Full Article
US TOP NEWS
Dollar weakens broadly, stocks lose ground
December 30, 2010 12:38 PM ET
NEW YORK (Reuters) - The dollar weakened broadly on Thursday on expectations of low bond yields continuing into 2011, while U.S. and European stocks gave back part of the recent gains that had taken global equities close to September 2008 highs. | Full Article
California woman makes bail in insider trading case
December 30, 2010 03:32 PM ET
SAN FRANCISCO (Reuters) - A California woman charged with leaking secrets about technology companies to two hedge funds in exchange for illegal payments was granted $250,000 bail and must stay at her home under electronic surveillance. | Full Article
Russia's Khodorkovsky sentenced, West concerned
December 30, 2010 04:30 PM ET
MOSCOW (Reuters) - Former tycoon Mikhail Khodorkovsky's jail term was extended until 2017 on Thursday when he was convicted of theft and money-laundering in a trial condemned in the West as politically motivated. | Full Article
Ford recalls F-series pickups, Edge, Lincoln MKX
December 30, 2010 03:18 PM ET
DETROIT (Reuters) - Ford Motor Co is recalling about 20,000 new vehicles in North America, mainly its heavy duty pickup trucks, due to the chance that an electrical short could cause a fire, Ford and U.S. federal regulators said on Thursday. | Full Article
Groupon eyes IPO by end of 2011: report
December 30, 2010 03:17 PM ET
BANGALORE (Reuters) - Online discount coupon provider Groupon Inc is working toward a potential public offering of its common shares by the end of 2011, the New York Times said, citing people briefed on the matter. | Full Article
HEALTH NEWS
Canada to put bigger health warnings on cigarettes
Smoking tied to miscarriage risk
More evidence olive oil and veggies help the heart
Underage drinking hits hospitals at New Year
MRI can't tell whether knee cartilage can be fixed
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