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Monday, December 27, 2010

DAI: Wall Street ends flat as investors shrug off China hike

Reuters
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12/27/2010
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LATEST NEWS
Wall Street ends flat as investors shrug off China hike
NEW YORK (Reuters) - Wall Street erased earlier losses and ended little changed on Monday as investors shrugged off a surprise weekend interest rate hike from China's central bank. | Full Article
China vows lending control to tame inflation
December 27, 2010 08:57 AM ET
BEIJING (Reuters) - China's central bank took aim at inflation once again on Monday by saying it will control lending and money growth in the world's second-biggest economy to head off price pressures and asset bubbles. | Full Article
H&R Block's refund loans hit regulatory hurdle
December 27, 2010 02:15 PM ET
BANGALORE (Reuters) - H&R Block Inc, the largest U.S. tax preparer, said it will not be able to help customers borrow money against their tax refunds in the coming months, as the bank that was supposed to provide the loans is under a regulatory directive not to. | Full Article
Global stocks dip, oil down after China rate rise
December 27, 2010 01:10 PM ET
NEW YORK (Reuters) - China's Christmas Day interest rate rise and a severe blizzard that blanketed the northeastern United States left U.S. share prices weak and the U.S. dollar lower in thinly traded markets on Monday. | Full Article
Blizzard chills end of U.S. holiday shopping season
December 27, 2010 03:48 PM ET
NEW YORK (Reuters) - A major snowstorm on the U.S. East Coast kept many shoppers home just after Christmas, casting a pall on the final act of the holiday sales season. | Full Article
US TOP NEWS
New York hard hit as winter storm slams northeast
December 27, 2010 02:54 PM ET
NEW YORK (Reuters) - A blizzard pummeled the northeastern United States on Monday, burying cities in knee-deep snow, leaving thousands camped at airports and snarling traffic with blowing snow and icy roads at the end of the busy Christmas weekend. | Full Article
U.S. embassy in London was a target of UK suspects
December 27, 2010 02:21 PM ET
WASHINGTON (Reuters) - The U.S. embassy in London was a target of a group of men arrested last week in Britain and charged with conspiracy to cause explosions and preparing acts of terrorism, the U.S. State Department said on Monday. | Full Article
Strike call fails to hit main Ivory Coast city, ports
December 27, 2010 02:11 PM ET
ABIDJAN (Reuters) - Most workers in Ivory Coast's main city of Abidjan ignored a call by presidential claimant Alassane Ouattara for a strike on Monday to force Laurent Gbagbo out of power, saying they must work in order to survive. | Full Article
Regeneron pain drug put on clinical hold by FDA
December 27, 2010 02:28 PM ET
BOSTON (Reuters) - Regeneron Pharmaceuticals Inc said on Monday that U.S. regulators placed the company's experimental pain drug for osteoarthritis on clinical hold after a patient in another company's trial developed a serious bone disorder. | Full Article
Khodorkovsky found guilty in test for Russia
December 27, 2010 01:44 PM ET
MOSCOW (Reuters) - Jailed Russian ex-tycoon Mikhail Khodorkovsky was found guilty of money laundering and theft of billions of dollars on Monday at a trial that has renewed doubts about the Kremlin's commitment to the rule of law. | Full Article
HEALTH NEWS
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