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Thursday, December 23, 2010

DAI: Wall St marks 4th week of gains; S&P slips

Reuters
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12/23/2010
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LATEST NEWS
Wall St marks 4th week of gains; S&P slips
NEW YORK (Reuters) - Stocks racked up a fourth straight week of gains on Thursday, as investors expected optimism about the economic recovery to support equities through year-end. | Full Article
Toyota to pay $10 million to settle suit over California crash
December 23, 2010 04:07 PM ET
LOS ANGELES (Reuters) - Toyota has agreed to pay $10 million to settle the lawsuit brought by the family of a California state trooper and three relatives whose fatal car wreck helped spark the automaker's wide-ranging safety recall. | Full Article
Data reinforce solid fourth-quarter growth hopes
December 23, 2010 03:37 PM ET
WASHINGTON (Reuters) - Demand for a range of long-lasting U.S. manufactured goods surged in November and consumer spending rose for a fifth straight month, cementing views of a solid economic growth pace in the fourth quarter. | Full Article
Consumer sentiment at highest level since June
December 23, 2010 03:08 PM ET
NEW YORK (Reuters) - Confidence among consumers rose in December to its highest level since June, on improved job prospects and larger discounts from retailers, a survey released on Thursday showed. | Full Article
Obama to renominate Diamond to Fed, official says
December 23, 2010 02:23 PM ET
WASHINGTON (Reuters) - U.S. President Barack Obama will again nominate economist Peter Diamond to the Federal Reserve Board next year, a White House official said on Thursday, setting up a potential clash with Republicans, who will have more influence in the new Senate. | Full Article
US TOP NEWS
North Korea warns of "sacred war" in standoff with South
December 23, 2010 04:06 PM ET
SEOUL (Reuters) - North Korea threatened a nuclear "sacred war" on Thursday and South Korea vowed a "merciless counterattack" if it was attacked again as both sides raised the rhetoric on a day of more military exercises in the South. | Full Article
Police check Rome embassies after blasts hurt two
December 23, 2010 04:07 PM ET
ROME (Reuters) - Italian police checked foreign embassies in Rome on Thursday after two people were wounded in separate explosions at the Swiss and Chilean missions that the government suggested could be the work of anarchist groups. | Full Article
New homes sales, prices rise in November
December 23, 2010 04:09 PM ET
WASHINGTON (Reuters) - New single-family home sales rose in November but to a lower- than- expected rate , a government report showed on Thursday, highlighting the weakness in the housing market even as the broader economic recovery gains momentum. | Full Article
Russian Duma could ratify START within days
December 23, 2010 04:08 PM ET
MOSCOW (Reuters) - Russian lawmakers said they could approve a nuclear arms reduction pact that is crucial to the "reset" in ties with the United States as early as Friday if a successful U.S. Senate vote left the terms of the treaty intact. | Full Article
China says willing to help euro zone return to health
December 23, 2010 08:21 AM ET
BEIJING (Reuters) - China is willing to help countries in the euro zone return to economic health and will support the International Monetary Fund element of a bailout package for the bloc, a Chinese Foreign Ministry spokeswoman said on Thursday. | Full Article
HEALTH NEWS
Placebos help, even when patients know about them
Little screening of kids for obesity complications
Flu kills 27 in Britain, spreading in Europe
Role of mom's choice in C-section rise questioned
Gaps seen in pregnancy-related diabetes screening
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