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Tuesday, January 4, 2011

DAI: Wall Street eases as materials, energy fall

Reuters
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01/4/2011
News Good evening Pan
LATEST NEWS
Wall Street eases as materials, energy fall
NEW YORK (Reuters) - Investors abandoned red-hot commodity shares on Tuesday, while fears of lower supermarket profits hit food retailers, sending the S&P and Nasdaq lower. | Full Article
Judge allows bail for 3 in insider trading case
January 04, 2011 04:34 PM ET
NEW YORK (Reuters) - Three men accused of being part of an insider trading conspiracy to leak technology company secrets to hedge funds were allowed to remain free on bail on Tuesday. | Full Article
Auto sales jump, upswing seen for 2011
January 04, 2011 04:19 PM ET
DETROIT (Reuters) - Auto sales rose to the highest rate in 16 months in December -- topping industry and Wall Street expectations -- as major automakers forecast the recovery would gather momentum in 2011. | Full Article
Factory orders rebound, brighten growth view
January 04, 2011 01:11 PM ET
WASHINGTON (Reuters) - New orders received by factories unexpectedly rose in November, and orders excluding transportation recorded their largest gain in eight months, providing more signs the economic recovery was on sustainable path. | Full Article
Goldman's "friends" get week to mull Facebook bet
January 04, 2011 04:25 PM ET
NEW YORK (Reuters) - Goldman Sachs is not giving its multimillionaire clients a lot of time or information to think about investing in a $1.5 billion Facebook private offering. | Full Article
US TOP NEWS
Fed sees "fairly high" bar for stopping bond buys
January 04, 2011 02:58 PM ET
WASHINGTON (Reuters) - The Federal Reserve felt at its December meeting that the U.S. economy still needed help despite signs of strength, according to minutes released on Tuesday that showed little appetite to trim bond-buying plans. | Full Article
Obama urges Republicans to help him revive economy
January 04, 2011 04:35 PM ET
ABOARD AIR FORCE ONE (Reuters) - President Barack Obama appealed to Republican congressional leaders on Tuesday to put politics aside and work to revive the U.S. economy. | Full Article
Top Republican vows weekly cuts in U.S. spending
January 04, 2011 02:07 PM ET
WASHINGTON (Reuters) - Incoming House Republican Leader Eric Cantor said on Tuesday that his party aims to offer a bill a week to keep its campaign vow to cut federal spending. | Full Article
BP shares hit 6-month high after Shell bid report
January 04, 2011 08:57 AM ET
LONDON (Reuters) - Shares in oil major BP hit a six-month high on Tuesday after reports rival Royal Dutch Shell considered a takeover bid, and that economic damages from its oil spill will be lower than forecast. | Full Article
Obama eyes ex-Clinton aide as top economic adviser
January 03, 2011 11:20 PM ET
WASHINGTON (Reuters) - A trusted aide with first-hand experience negotiating with Republicans has emerged as the favorite to become President Barack Obama's new top economic policy adviser, Democratic sources said on Monday. | Full Article
HEALTH NEWS
Online health info popular but often unchecked
Fishy diet comes with lower risk of stroke
Many heart devices used in unqualified patients
Republicans seek to bleed Obama's health reform
Cuomo seen slicing $2.1 billion from New York's Medicaid: report
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