Obama gives healthcare pep talk as Senate leaves
President Barack Obama delivered a pep talk to a bipartisan group of senators negotiating a healthcare overhaul on Thursday as the U.S. Senate headed on vacation without a deal on his top domestic priority.
FDA chief vows to speed up inspections, warnings
The U.S. Food and Drug Administration's top official vowed on Thursday to warn companies more quickly about problems found during inspections and act more aggressively in serious cases that could directly harm consumers and patients.
Certain drugs may increase risk of falling
In elderly men and women, certain medications can increase the risk of falling, new research shows.
July payrolls fall less than forecast
U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to a government report on Friday that provided the clearest evidence yet that the economy was turning around.
Wall St gains on better-than-expected jobs data
U.S. stocks advanced on Friday after the government reported fewer workers lost jobs in July than expected, fueling hopes of an economic recovery and providing solid footing for a recent market run-up.
U.S. economy sheds fewer jobs than expected
U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to a government report on Friday that provided the clearest evidence yet that the economy was turning around.
Diabetes ups TB risk in children and adolescents
Nearly one in three children and adolescents with
Hispanics face longer wait for emergency GI care
Hispanic whites seeking emergency treatment for gastrointestinal (GI) illnesses wait twice as long to see a doctor compared to non-Hispanic whites, new research shows.
Potassium cuts kidney stones in kids on
Children on the high-fat ketogenic, or
Flu tests miss many cases, U.S. CDC confirms
Current quick tests for flu miss many cases of the new pandemic H1N1 strain, researchers at the U.S. Centers for Disease Control and Prevention reported on Thursday.
Denmark's DONG says to build north Norway windpark
Denmark's DONG Energy will build and run an up to 33-megawatt wind farm in the northern Norway municipality of Narvik in cooperation with its local affiliate Nordkraft, DONG said on Friday.
LG U.S. plant to support 250,000 electric cars
LG Chem Ltd will have the capacity to build battery cells that could support up to 250,000 electric vehicles in the United States when its first U.S. plant becomes fully operational in 2013, the chief of the U.S. unit said on Thursday.
Serious climate talks hinge on U.S. bill: lawmaker
The fate of a U.S. climate change bill will send signals to the rest of the world as to whether upcoming global climate talks will be serious or not, one of the bill's co-authors said on Thursday.
No final deal yet in tax dispute with UBS
No final out-of-court settlement has yet been been reached in a tax-evasion dispute pitting the U.S. government against Swiss bank UBS AG , a U.S. Justice Department attorney said on Friday.
Cash for clunkers gets a $2 billion boost
The U.S. Senate approved and sent to the White House on Thursday a $2 billion extension of the cash for clunkers autos sales incentive program.
Jobs data lifts Wall St at open
Wall Street opened higher on Friday after the government reported fewer workers were laid off in July, providing fresh evidence of an economic recovery and the sustainability of a recent market run-up.
Daily Outlook - August 7
Recovery more certain, AIG soars, No final tax deal
AIG posts first profit in 7 quarters
American International Group Inc , the insurer that received about $180 billion of federal bailouts, posted its first profit in seven quarters and shares rose 9 percent.
Jobs data lifts Wall Street at open
Wall Street opened higher on Friday after the government reported fewer workers were laid off in July, providing fresh evidence of an economic recovery and the sustainability of a recent market run-up.
Wall Street set to jump after jobs data
Wall Street was set for a higher open on Friday after the government reported fewer workers were laid off in July, providing fresh evidence of an economic recovery and the sustainability of a recent market run-up.
AIG posts first quarterly profit since 2007
American International Group Inc , the insurer that received $180 billion of federal bailouts, posted its first profit in seven quarters on Friday, helped by investment gains, sending its shares up 20 percent in premarket trade.
Payrolls fall less in July, jobless rates eases
U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to data on Friday that provided the clearest evidence yet that the economy was turning around.
After Twitter, Facebook; Microsoft Xbox Live now down
On Thursday evening, the Microsoft Xbox Live service was unreachable, joining the likes of Twitter and Facebook which also went down this week, crippling millions of its users around the world.
Magna posts loss on weak auto market
Canadian auto parts company Magna International Inc , one of the bidders vying to buy carmaker Opel from General Motors, reported a quarterly loss Friday, hurt by steep declines in global auto production.
Futures down; July jobs report on tap
U.S. stock index futures trimmed losses on Friday ahead of key monthly jobs data that could provide clues on the direction of the economy and the sustainability of a recent run-up.
Oil edges down near $71 before U.S. jobs data
Oil edged down on Friday from a six-week high as markets looked to U.S. July employment data for clues on whether the United States could be emerging from recession.
AIG posts first profit in seven quarters
American International Group Inc , the insurer that received $180 billion of federal bailouts, posted its first profit in seven quarters on Friday, sending its shares up 9 percent in premarket trade.
Futures lower ahead of jobs report
U.S. stock index futures were lower on Friday as investors braced for key monthly jobs data for clues on the direction of the economy and the sustainability of a recent run-up.
RBS posts H1 loss, warns of tough years ahead
Royal Bank of Scotland reported more losses on Friday as investment banking profits failed to offset bad debts and the state-owned lender warned of more poor results to come before its own and the economy's recovery.
Magna posts Q2 loss on weak auto market
Canadian auto parts company Magna International Inc , one of the two bidders vying to buy carmaker Opel from General Motors, on Friday reported a second quarter loss, hurt by steep declines in global auto production.