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Thursday, March 17, 2011

DAI: Wall Street rebounds but advance may be limited

Reuters
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03/17/2011
News Good evening Pan
LATEST NEWS
Wall Street rebounds but advance may be limited
NEW YORK (Reuters) - Wall Street ended higher on Thursday after three days of declines, but the rebound may be temporary as concerns persisted about Japan's nuclear crisis. | Full Article
Consumer prices turn higher, economy gains steam
March 17, 2011 03:45 PM ET
WASHINGTON (Reuters) - Consumer prices increased at their fastest pace in more than 1-1/2 years in February as fresh data showed growth was accelerating, but underlying inflation pressures remained generally contained. | Full Article
FedEx offers strong outlook for this quarter and beyond
March 17, 2011 01:24 PM ET
NEW YORK (Reuters) - FedEx Corp, the No. 2 package delivery company, sees improving revenue and profit this quarter and beyond, even as fuel prices mount, and shares of the economic bellwether rose more than 4 percent. | Full Article
Yen retreats from record high; G7 talks awaited
March 17, 2011 04:35 PM ET
NEW YORK (Reuters) - The yen edged off a record high against the dollar on Thursday ahead of a conference call by Group of Seven finance ministers on fears that officials may soon intervene to rein in the currency's rapid rise. | Full Article
Special report: Why Japan will avert a fiscal meltdown
March 17, 2011 01:31 PM ET
TOKYO (Reuters) - In these dark hours, Japan would do well to heed former White House Chief of Staff Rahm Emanuel's memorable maxim that you never want a serious crisis to go to waste. | Full Article
US TOP NEWS
Japanese engineers aim to restore power to avert catastrophe
March 17, 2011 04:09 PM ET
TOKYO (Reuters) - Japanese engineers worked through the night to lay a 1.5 km (one mile) electricity cable to a crippled nuclear power plant in the hope of restarting pumps desperately needed to pour cold water on overheating fuel rods and avert a catastrophe. | Full Article
Gaddafi orders storm of Benghazi; U.N. meets
March 17, 2011 04:06 PM ET
TRIPOLI/UNITED NATIONS (Reuters) - Muammar Gaddafi warned the rebel stronghold of Benghazi he would storm the city in the night showing no mercy, while the United Nations moved toward a resolution allowing air strikes to stop him. | Full Article
Japan plays down joint G7 yen move, could act alone
March 17, 2011 04:10 PM ET
TOKYO/PARIS (Reuters) - Japan on Thursday dismissed the need for joint action to curb the soaring yen ahead of a G7 conference call as markets speculated that Tokyo was likely to act on its own to curb the currency's rise. | Full Article
U.S. asks Japan for data on nuclear crisis, offers aid
March 17, 2011 03:06 PM ET
WASHINGTON (Reuters) - The United States would like more information from Japan on its nuclear crisis and does not expect harmful radiation from stricken Japanese reactors to reach U.S. territory, officials said on Thursday. | Full Article
Congress buys more time for budget dispute
March 17, 2011 04:06 PM ET
WASHINGTON (Reuters) - The Congress on Thursday bought itself more time to work out a much-delayed budget deal as the costs of the stalemate were increasingly felt across the globe. | Full Article
HEALTH NEWS
Safe to quit smoking before surgery, anytime
New York reports first HIV spread from live organ donor
Cerebral palsy among preemies may be declining
New health statistics show Americans living longer
U.S. advisers: Consumers see menthol health benefits
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