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Friday, February 3, 2012

DAI: Wall Street rises on jobs; Nasdaq at 11-year high

Reuters
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02/3/2012
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LATEST NEWS
Wall Street rises on jobs; Nasdaq at 11-year high
NEW YORK (Reuters) - A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high as optimism grew that the labor market is on a steady path to recovery. | Full Article
Jobless rate at three-year low as payrolls surge
February 03, 2012 03:16 PM ET
WASHINGTON (Reuters) - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama. | Full Article
Analysis: Stock-picking makes a comeback as macro tides fade
February 03, 2012 02:45 PM ET
NEW YORK (Reuters) - Stock-picking once again matters on Wall Street. | Full Article
New York sues banks over electronic mortgage system
February 03, 2012 01:29 PM ET
NEW YORK (Reuters) - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices, including false documents in foreclosure proceedings. | Full Article
Factory orders up, business spending rises
February 03, 2012 02:56 PM ET
WASHINGTON (Reuters) - New orders for U.S. factory-made products posted a second straight monthly rise in December and business capital spending also picked up, a government report on Friday showed. | Full Article
US TOP NEWS
A sobering look at Facebook
February 03, 2012 03:09 PM ET
SAN FRANCISCO (Reuters) - It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients. | Full Article
Merged Glencore, Xstrata would take aim at iron ore
February 03, 2012 11:22 AM ET
SYDNEY (Reuters) - An $80 billion marriage of commodities trader Glencore and miner Xstrata could lead to a new round of takeovers in iron ore, creating a goliath eager to muscle its way onto one of mining's richest and most closely guarded sectors. | Full Article
Komen reverses move to cut Planned Parenthood funding
February 03, 2012 03:47 PM ET
WASHINGTON (Reuters) - The Susan G. Komen for the Cure foundation backed down from its decision to cut funding for Planned Parenthood, which provides abortion and birth control services, following a massive outcry by supporters of the world's largest breast cancer charity. | Full Article
Insight: Syria's Assad set for long conflict
February 03, 2012 03:17 PM ET
DAMASCUS (Reuters) - With the enemy at the gates, Bashar al-Assad was dining out. | Full Article
Senate OKs insider trading curbs on lawmakers
February 03, 2012 11:08 AM ET
WASHINGTON (Reuters) - The Senate on Thursday approved new curbs aimed at preventing lawmakers from trading shares based on inside information, but also extended the bill's disclosure requirements to more than 300,000 other federal employees. | Full Article
HEALTH NEWS
Malaria kills twice as many as thought: study
Nerve disorder does not recur after later vaccines: study
Bossy mom at snack time tied to kid's weight: study
Green tea drinkers show less disability with age: study
Breastfeeding tied to stronger lungs, less asthma
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