MLC FLASH NEWS

December 31, 2010

North Korea calls for end to hostility with South

Filed under: Gadgets — Reuters: Top News @ 8:46 pm

SEOUL (Reuters) - North Korea on Saturday called for an end to confrontation with the South, urging dialogue after one of the most violent years on the divided peninsula since the 1950-53 Korean War.



CVS to buy Universal’s Medicare unit for $1.25 billion

Filed under: Gadgets — Reuters: Top News @ 8:26 am

NEW YORK (Reuters) - CVS Caremark, No. 2 U.S. drugstore chain, agreed to buy Universal American’s Medicare prescription drug business for about $1.25 billion to expand in a growing segment of the pharmacy benefit market.



December 30, 2010

Rattner settles with Cuomo for $10 million

Filed under: Gadgets — Reuters: Top News @ 2:37 pm

NEW YORK (Reuters) - Former Obama administration auto industry czar Steven Rattner agreed to pay $10 million to resolve lawsuits by New York’s attorney general over kickbacks allegedly paid to do business with the state’s pension fund.



Jobless claims, factory data buoy recovery hopes

Filed under: Gadgets — Reuters: Top News @ 8:14 am

WASHINGTON (Reuters) - Upbeat data on Thursday buttressed the view the economy gained momentum as the year ended, setting the stage for a stronger performance in 2011.



China factory inflation eases, yuan hits record

Filed under: Gadgets — Reuters: Top News @ 1:27 am

BEIJING, Dec 30 (Reuters) - Chinese inflation showed signs of cresting in a manufacturing survey on Thursday, an early indication that the government will be able to stick to its course of gradual rather than aggressive monetary tightening.



December 29, 2010

U.S. blizzard delays $1 billion in holiday sales

Filed under: Gadgets — Reuters: Top News @ 12:27 pm

NEW YORK (Reuters) - A blizzard in the U.S. Northeast this weekend postponed about $1 billion in holiday retail sales by keeping shoppers out of stores in the days after Christmas, research firm ShopperTrak said on Wednesday.



China’s rare earths export cut raises trade concerns

Filed under: Gadgets — Reuters: Top News @ 6:57 am

SYDNEY (Reuters) - China has raised fresh international trade concerns after slashing export quotas on rare earths minerals, risking action from the United States at the World Trade Organization.



Judge clears way for Murkowski Alaska Senate win

Filed under: Gadgets — Reuters: Top News @ 12:27 am

ANCHORAGE, Alaska (Reuters) - A federal judge on Tuesday dismissed a lawsuit by conservative Tea Party favorite Joe Miller that challenged his loss in Alaska’s election for a Senate seat, clearing the way for state officials to certify Lisa Murkowski’s historic write-in victory.



December 28, 2010

Consumer confidence slips as home prices decline

Filed under: Gadgets — Reuters: Top News @ 12:20 pm

NEW YORK (Reuters) - Consumer confidence unexpectedly deteriorated in December, while prices of U.S. single-family homes fell almost double the expected pace in October, tempering growing optimism on the economy’s recovery.



October home prices down for 4th straight month

Filed under: Gadgets — Reuters: Top News @ 8:20 am

WASHINGTON (Reuters) - Prices of single-family homes fell almost double the expected pace in October, the fourth straight decline, data from a closely watched survey showed on Tuesday, fresh evidence the housing market continues to struggle.



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