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Wednesday, March 16, 2011

DAI: S&P, Nasdaq wipe out year's gains

Reuters
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03/16/2011
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LATEST NEWS
S&P, Nasdaq wipe out year's gains
NEW YORK (Reuters) - The S&P 500 and Nasdaq turned negative for the year on 2011's highest volume and the Dow suffered its worst performance since August on Wednesday as investors sold stocks on fears Japan's nuclear crisis could worsen. | Full Article
Inflation pressure bubbles, home building dives
March 16, 2011 03:45 PM ET
WASHINGTON (Reuters) - Producer prices surged in February at their fastest pace in 1-1/2 years, data showed on Wednesday, a day after the Federal Reserve said it had a watchful eye on inflation pressures it expects to subside. | Full Article
Special report: On borrowed time: budget delays start to hurt
March 16, 2011 03:28 PM ET
STATE COLLEGE, Pennsylvania (Reuters) - When they finally completed their new control tower last November, officials at University Park Airport hoped it would provide a needed safety upgrade. | Full Article
Apple hit by rare Wall St. downgrade as Japan looms
March 16, 2011 02:46 PM ET
LOS ANGELES/SAN FRANCISCO (Reuters) - A rare Wall Street downgrade stoked fears that Apple Inc's torrid pace of growth is slowing, sending shares in the world's largest technology company sliding for the second straight day. | Full Article
Economic hit from Japan quake seen up to $200 billion
March 16, 2011 02:30 PM ET
TOKYO (Reuters) - Japan's devastating earthquake and deepening nuclear crisis could result in losses of up to $200 billion for the world's third largest economy but the global impact remains hard to gauge five days after a massive tsunami battered the northeast coast. | Full Article
US TOP NEWS
Japan scrambles to pull nuclear plant back from brink
March 16, 2011 04:24 PM ET
TOKYO (Reuters) - Operators of a quake-crippled nuclear plant in Japan said they would try again on Thursday to use military helicopters to douse overheating reactors and avert a disaster, but U.S. officials warned that radiation levels may be too high to allow repairs. | Full Article
Snow muffles rescue work in Japan's devastated northeast
March 16, 2011 02:34 PM ET
SENDAI, Japan (Reuters) - - Heavy snow blanketed Japan's devastated northeast on Wednesday, hindering rescue workers and adding to the woes of the few, mainly elderly, residents who remained in the area worst hit by last week's massive earthquake and tsunami. | Full Article
Bahrain crushes protests, draws U.S. criticism
March 16, 2011 04:07 PM ET
MANAMA (Reuters) - Bahraini forces used tanks and helicopters to drive protesters from the streets on Wednesday clearing a camp that had become a symbol of the Shi'ite Muslim uprising and drawing rare criticism from their U.S. allies. | Full Article
Pakistan frees CIA man after "blood money" paid
March 16, 2011 03:01 PM ET
LAHORE, Pakistan (Reuters) - A CIA contractor was acquitted of two murder charges and released by a Pakistani court on Wednesday after a deal to pay "blood money" to the victims' families, Pakistani and U.S. officials said. | Full Article
Obama to refocus on Latin America amid Chinese push
March 16, 2011 10:37 AM ET
WASHINGTON (Reuters) - President Barack Obama travels to Latin America this week seeking to reassert economic leadership in a region Washington once dominated but where it now faces growing competition from China. | Full Article
HEALTH NEWS
Health coverage still tough to get for individuals
WHO: No significant global spread of Japan radiation
Radiation poses only slight risk to nervous Tokyo: experts
Alcohol hits harder after weight loss surgery
Nursing homes use inappropriate UTI drugs: study
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