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Thursday, February 17, 2011

DAI: Recent leaders juice up Wall Street

Reuters
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02/17/2011
News Good evening Pan
LATEST NEWS
Recent leaders juice up Wall Street
NEW YORK (Reuters) - U.S. investors piled on a dizzying two-year advance in stocks on Thursday, using a brief slip on negative economic news as an opportunity to buy into market leaders. | Full Article
Dodd-Frank tensions headline Senate hearing
February 17, 2011 03:56 PM ET
WASHINGTON (Reuters) - Republicans escalated their push to delay and defund the Dodd-Frank Wall Street reforms on Thursday as top regulators warned the Senate Banking Committee of a staff and funding crunch. | Full Article
Consumer prices show inflation turning up
February 17, 2011 03:38 PM ET
WASHINGTON (Reuters) - Core consumer prices rose at the quickest pace in 15 months in January, suggesting a long period of slowing inflation had run its course. | Full Article
CEOs see business conditions improving: survey
February 17, 2011 02:04 PM ET
BOSTON (Reuters) - Chief executives of major U.S. companies have a brightening view of business and economic conditions and look for the Federal Reserve to raise interest rates modestly this year, a survey by the Business Council found. | Full Article
Starbucks CEO has "very bold" single-serve plans
February 17, 2011 03:12 PM ET
LOS ANGELES (Reuters) - Starbucks Corp has "very bold" plans for the fast-growing single-serve coffee market, the CEO of the world's biggest coffee chain said in an internal memo obtained by Reuters on Thursday. | Full Article
US TOP NEWS
Army deploys after Bahrain police raid protest camp
February 17, 2011 04:07 PM ET
MANAMA (Reuters) - Troops took control of Manama on Thursday after riot police stormed an anti-government protest camp at dawn and fought demonstrators on the streets, killing four people in Bahrain's worst violence in decades. | Full Article
U.S. charges 111 in largest Medicare fraud crackdown
February 17, 2011 03:59 PM ET
WASHINGTON (Reuters) - The U.S. government on Thursday charged 111 doctors, nurses and other defendants with Medicare crime schemes that exceeded $225 million in false billings, the largest health care fraud crackdown so far. | Full Article
House to vote on debt idea, healthcare funding
February 17, 2011 02:31 PM ET
WASHINGTON (Reuters) - Conservative Republicans are pushing a congressional amendment to give the Treasury Department the ability to avoid a debt default if U.S. borrowing authority runs out, highlighting possible dire consequences of political gridlock over government spending. | Full Article
Taxing offshore profit up for debate: aide
February 17, 2011 01:19 PM ET
WASHINGTON (Reuters) - The debate over overhauling the U.S. corporate tax system will have to include whether to cut taxes on profits earned abroad, a Treasury Department official said on Thursday. | Full Article
U.S. concern grows over Bahrain, a key Gulf ally
February 17, 2011 04:04 PM ET
WASHINGTON (Reuters) - The United States urged Bahrain's government on Thursday to show restraint amid deepening concern over unrest in the country, home to the U.S. Navy's Fifth Fleet and a strategic ally on oil supply lines from the Gulf. | Full Article
HEALTH NEWS
U.S. confidence on healthcare spending rises: poll
Common birth control pill not tied to heart attacks
Food tax could trim some people's calorie intake
Hay fever guidelines don't reflect real life
Cancer drug could prevent blindness in preemies
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