Yahoo’s holiday trimming cuts work force 4 pct

In this Dec. 1, 2010 photo, a sign outside Yahoo Inc. headquarters in Sunnyvale, Calif. is shown. Yahoo is preparing to lay off between 600 and 700 workers in the latest shake-up triggered by the Internet company’s lackluster growth. Employees could be notified of the job cuts as early as Tuesday, Dec. 14, 2010, according […]

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Stocks, bond yields rise as Fed sticks by stimulus

Traders Richard Genna, left, and Peter Tuchman work on the floor of the New York Stock Exchange Tuesday, Dec. 14, 2010. (AP Photo) NEW YORK (AP) — Bonds prices fell sharply Tuesday, sending long-term interest rates to their highest level in seven months, after the Federal Reserve said it would continue its efforts to lift […]

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Aromatase Inhibitors May Raise Heart Risks

Aromatase Inhibitors May Raise Heart Risks Dec. 9, 2010 (San Antonio) — Postmenopausal women with early breast cancer who take newer hormone drugs known as aromatase inhibitors are 26% more likely to develop heart disease than those who take the old standby tamoxifen, researchers report. “Treatment with aromatase inhibitors is associated with a significant increase […]

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Website to Answer Questions after Carmel Fire

In the wake of the Carmel fire, the Interior Ministry has created a website meant to answer questions about the fire and to commemorate the 43 people killed in the disaster. The website can be seen here (in Hebrew). The site provides up-to-date statements from the Finance Ministry and Interior Ministry regarding the fire and […]

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Stocks move higher on stronger economic reports

SymbolPriceChangeAA14.29-0.07BBY35.34-6.36COST71.03+0.29HCP33.61+1.09INTC21.42-0.08{“s” : “aa,bby,cost,hcp,intc,jpm,ko,tgt,wmt,xom”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} NEW YORK (AP) — Upbeat reports on retail sales, business inventories and wholesale prices drove stocks higher Tuesday. The yield on the 10-year Treasury note rose to its highest level since May. All three major indexes edged up after the Commerce Department reported that retail sales […]

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Mass. jury: Firm gave black kids free cigarettes

BOSTON (AP) — A jury has ruled the Lorillard Tobacco Co. tried to entice black children to become smokers by handing out free cigarettes and has awarded $71 million in compensatory damages to the estate and son of a woman who died of lung cancer. The Suffolk Superior Court jury announced its verdict Tuesday after […]

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Smoking Raises Rheumatoid Arthritis Risk

Smoking Raises Rheumatoid Arthritis Risk Dec. 13, 2010 — Add severe rheumatoid arthritis (RA) to the list of diseases linked to cigarette smoking. Findings from a study, which appear in the Annals of the Rheumatic Diseases, suggest that smoking accounts for more than a third of cases of the most common form of RA and […]

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Ahead of the Bell: Wholesale prices

WASHINGTON (AP) — Wholesale prices likely increased in November by the most in eight months due to rising costs for food, energy and vehicles. Economists forecast that the Producer Price Index, which measures price changes before they reach the consumer, rose 0.6 percent last month, according to a survey by Thomson Reuters. The index has […]

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Ahead of the Bell: Retail Sales

SymbolPriceChangeCOST70.740.00M24.950.00TGT58.790.00{“s” : “cost,m,tgt”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} WASHINGTON (AP) — Retail sales likely posted a solid gain in November, helped by strong early holiday shopping. Economists at JPMorgan Chase said they were looking for a 0.6 percent rise in sales in November and a 0.7 percent increase excluding autos. The Commerce Department will […]

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Oil prices rise on positive economic news

Crude oil prices responded to encouraging economic news and climbed higher on Tuesday. Benchmark oil recovered from early losses to rise 14 cents to $88.75 a barrel in midday trading on the New York Mercantile Exchange. Meanwhile, the national average for unleaded gasoline hovered around $2.98 a gallon on Tuesday, according to AAA, Wright Express […]

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Good Cholesterol May Lower Risk of Alzheimer’s Disease

Good Cholesterol May Lower Risk of Alzheimer’s Disease Dec. 13, 2010 — Having higher HDL, or “good” cholesterol, may reduce the risk of Alzheimer’s disease, new research suggests. Experts say the new study, which was published Monday in the Archives of Neurology, is further evidence of a link between heart disease and dementia, and if […]

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