Daily News Digest: Reuters News Headlines - Yahoo! News

Yahoo! Alerts

Yahoo! News | My Alerts | Edit Alert

Friday, July 27, 2012 12:01 AM PDT

Today's Reuters News Headlines - Yahoo! News: Wary consumers to weigh on growth in second quarter Facebook revenue growth skids, shares plunge Obama to sign Israel security bill on eve of Romney visit Insight: Banks bristle at breakup call from Sandy Weill Insight: Cautious on Syria, Obama moves to help rebels China-Canada oil deal raises political hackles in Washington U.S. fears Syria preparing for massacre in Aleppo Drought diminishes mighty Mississippi, puts heat on Congress Apple supplier Catcher confirms accident at China plant Draghi sends strong signal that ECB will act U.S. fears Syria preparing for massacre in Aleppo In shift by Egypt, president meets Hamas leader Spain feels debt heat, Greece way off bailout terms Jobless claims fall, still volatile due to auto jobs Exclusive: U.S., Lockheed reach deal on Israeli F-35s Ford recalls 484,600 Escape SUVs for throttle problem Long-planned Colorado debate may force Obama, Romney to talk guns Facebook revenue growth skids, shares plunge Exxon Mobil output, chemicals unit dampen earnings China indicts Bo's wife for murder American pleads guilty to trying to export missile parts to Iran Exclusive: California city could face SEC lawsuit Pending homes fall in June, supply blamed Geithner says did all he could to address Libor problem Apple's invincibility fades on iPhone miss, global woes Durable goods orders ex-transportation fall in June Nuclear expansion on track despite Fukushima: OECD report Spain not mulling seeking further EU help: sources Funeral held for second Colorado victim; judge cracks down on leaks Insight: Slovenia rues bank mismanagement as bailout talk grows Strong quake hits off Mauritius British bank Lloyds gets Libor subpoenas Greece hammers out savings demanded by lenders: source Geithner says he did all he could to address Libor problem Weak lending adds pressure for ECB action Citi sees 90 percent chance of Greece leaving the euro Spain feels debt heat, Greece way off bailout terms Syrian armored column closes in on Aleppo Protest over California police shooting turns violent, 24 arrested North Korea confirms mystery woman is leader's wife Wary consumers to weigh on growth in second quarter Thu,26 Jul 2012 09:11 PM PDT Reuters - WASHINGTON (Reuters) - The economy probably grew at its slowest pace in a year in the second quarter as consumers spent less, possibly pushing the Federal Reserve closer to pumping more money into the economy. Gross domestic product likely expanded at a 1.5 percent annual rate between April and June, according to a Reuters poll, after rising 1.9 percent in the first three months of the year. That would mark the weakest pace of growth since the second quarter of 2011. "The economy is struggling to maintain altitude," said Robert Dye, chief economist at Comerica in Dallas. ... Full Story Top Facebook revenue growth skids, shares plunge Thu,26 Jul 2012 07:28 PM PDT Reuters - SAN FRANCISCO (Reuters) - Facebook Inc reported a drastic slowdown in revenue growth and offered no financial forecasts to ease worries over the prospects for boosting advertising in its first earnings report as a public company, sending its shares to a record low. Facebook executives pointed to early signs of success in new advertising services, but the lack of a detailed financial outlook went over poorly with investors hoping for evidence that the company could soon reverse the continuing slowdown in its business. ... Full Story Top Obama to sign Israel security bill on eve of Romney visit Thu,26 Jul 2012 07:24 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama will sign a bill to strengthen U.S.-Israeli military cooperation on Friday on the eve of a visit to Israel by his Republican presidential challenger, Mitt Romney. Obama will seek to stress his commitment to Israel's security for American Jewish voters at a White House ceremony that appeared timed to upstage Romney, who has accused the president of undermining U.S.-Israeli ties. Congress passed the legislation, the U.S.-Israel Enhanced Security Cooperation Act, with broad support from Obama's Democrats and Republicans last week. ... Full Story Top Insight: Banks bristle at breakup call from Sandy Weill Thu,26 Jul 2012 09:05 PM PDT Reuters - (Reuters) - Sandy Weill has a lot of convincing to do. The former Citigroup Inc CEO, who was in many ways the architect of the "too big to fail" giant bank system, dropped a bombshell on Wall Street on Wednesday by proposing that universal banks should be broken up because they are too big and complex to manage. But the idea is hardly resonating with top bankers and dealmakers of the past 20 years. "I don't buy it," said William Harrison, who was succeeded by Jamie Dimon as chairman and CEO of JPMorgan Chase & Co. ... Full Story Top Insight: Cautious on Syria, Obama moves to help rebels Thu,26 Jul 2012 10:11 PM PDT Reuters - WASHINGTON (Reuters) - In his first year in office, U.S. President Barack Obama sent a letter to Syrian President Bashar al-Assad seeking a new start to a long-strained relationship. In his third year, Obama demanded that Assad step down. Now, nearing the end of his first term, with a presidential election looming in November, Obama is moving cautiously toward greater support for Syrian rebels, as international diplomatic efforts that had been Obama's first preference falter. ... Full Story Top China-Canada oil deal raises political hackles in Washington Thu,26 Jul 2012 10:10 PM PDT Reuters - WASHINGTON (Reuters) - The U.S. government should block a bid by China's state oil company CNOOC for Canadian oil company Nexen until China's government provides fair access for U.S. companies that want to invest in China, a top Democratic senator plans to tell Treasury Secretary Timothy Geithner on Friday. In a draft letter obtained by Reuters, Charles Schumer, the Senate's No. ... Full Story Top U.S. fears Syria preparing for massacre in Aleppo Thu,26 Jul 2012 10:28 PM PDT Reuters - AMMAN/BEIRUT (Reuters) - President Bashar al-Assad's forces renewed a ground and aerial bombardment of Aleppo on Friday, extending efforts to crush rebels in Syria's commercial capital in what the United States said it feared could become a massacre. Insurgents targeted army roadblocks and security installations, with both sides avoiding close-quarters warfare in the city of 2.5 million people, Syria's biggest urban centre. The U.S. ... Full Story Top Drought diminishes mighty Mississippi, puts heat on Congress Thu,26 Jul 2012 04:06 PM PDT Reuters - CHICAGO/WASHINGTON (Reuters) - The severe drought in the U.S. Midwest wreaked more havoc across the country on Thursday, forcing barges on the Mississippi River to lighten loads for fear of getting stuck and raising concerns about higher prices for food and gasoline. Damage to crops in the most extensive drought in five decades and the pressure of the November elections sparked some action in the U.S. Congress to bring relief to farmers and make progress on a generous farm bill. ... Full Story Top Apple supplier Catcher confirms accident at China plant Thu,26 Jul 2012 10:46 PM PDT Reuters - TAIPEI (Reuters) - Catcher Technology, a casing supplier for Apple Inc, confirmed on Friday a report that a gas leak at one of its plants in Suzhou, eastern China, had caused injuries, but said the accident was unrelated to production. China's Xinhua Net reported late on Thursday that a chlorine gas leak during waste water processing at the plant earlier in the day had caused one death and left four people in comas. "It has nothing to do with our production or material used. It happened when a contractor was processing waste; it was routine work. ... Full Story Top Draghi sends strong signal that ECB will act Thu,26 Jul 2012 12:40 PM PDT Reuters - LONDON (Reuters) - European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the euro zone from collapse, sending a strong signal that inflated Spanish and Italian borrowing costs were in his sights. Fears about the euro zone's future are intensifying with Spain and Italy facing frenzied pressure on financial markets and Greece holding crunch meetings with its international lenders having failed to keep its repair plans on track, raising fresh questions about its place in the currency bloc. ... Full Story Top U.S. fears Syria preparing for massacre in Aleppo Thu,26 Jul 2012 03:40 PM PDT Reuters - AMMAN/BEIRUT (Reuters) - President Bashar al-Assad's forces renewed a ground and aerial bombardment of Aleppo on Friday, extending efforts to crush rebels in Syria's commercial capital in what the United States said it feared could become a massacre. Insurgents targeted army roadblocks and security installations, with both sides avoiding close-quarters warfare in the city of 2.5 million people, Syria's biggest urban center. The U.S. ... Full Story Top In shift by Egypt, president meets Hamas leader Thu,26 Jul 2012 03:44 PM PDT Reuters - CAIRO/GAZA (Reuters) - Gaza Islamist leader Ismail Haniyeh met Egyptian President Mohamed Mursi on Thursday in an official visit that signaled a big shift in Cairo's stance toward the Hamas movement after the election of a Muslim Brotherhood head of state in Egypt. A Palestinian official said the head of Egyptian intelligence had promised measures to increase the flow of fuel supplied by Qatar to Gaza via Egypt and needed to ease the small Palestinian territory's power shortages. The sides had also discussed increasing the flow of Palestinians across the border. ... Full Story Top Spain feels debt heat, Greece way off bailout terms Thu,26 Jul 2012 11:31 AM PDT Reuters - MADRID/BRUSSELS (Reuters) - Spain paid the second highest yield on short-term debt since the birth of the euro at an auction on Tuesday, and EU officials said Greece had little hope of meeting the terms of its bailout, casting fresh doubt on its future in the euro zone. Spain's increasingly desperate struggle to put its finances right has seen its borrowing costs soar to levels that are not manageable indefinitely, reflecting a growing belief that it will need a sovereign bailout the euro zone can barely afford. ... Full Story Top Jobless claims fall, still volatile due to auto jobs Thu,26 Jul 2012 08:09 AM PDT Reuters - WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell last week to near a four-year low but an unusual pattern for summer factory shutdowns kept hopes in check that the weak labor market was improving. Other data on Thursday showed new orders for long-lasting U.S. manufactured goods rose in June although a gauge of planned business spending plans dropped, pointing to a slowdown in factory activity. Economists said the two economic reports did little to change the view that the economy was stuck in a rough patch. ... Full Story Top Exclusive: U.S., Lockheed reach deal on Israeli F-35s Thu,26 Jul 2012 12:57 PM PDT Reuters - WASHINGTON (Reuters) - The Pentagon has reached an agreement with Lockheed Martin Corp on a $450 million program to enhance electronic warfare equipment on the F-35 fighter jet, and integrate Israeli-unique systems beginning in 2016, according to sources familiar with the negotiations. The deal, to be finalized in coming weeks, marks a big step forward for Israel's $2.75 billion agreement to buy 19 F-35 jets, which was signed in October 2010 and includes options for up to 75 of the radar-evading fighters. The Pentagon said the Israeli foreign arms sale could be worth up to $15. ... Full Story Top Ford recalls 484,600 Escape SUVs for throttle problem Thu,26 Jul 2012 12:52 PM PDT Reuters - (Reuters) - Ford Motor Co is recalling 484,600 older model Ford Escape SUVs, most of them in the United States, because their throttles can be stuck open, U.S. safety regulators said. Ford Escapes from the 2001-2004 model years with three-liter, V6 engines are affected by the recall. A week ago, Ford recalled about 11,500 new 2013 model year Escape SUVs with 1.6-liter EcoBoost engines due to a fire risk related to fuel lines. Ford asked consumers to keep the Escapes parked rather than drive them to dealerships for repair. ... Full Story Top Long-planned Colorado debate may force Obama, Romney to talk guns Thu,26 Jul 2012 09:35 AM PDT Reuters - WASHINGTON (Reuters) - Gun control advocates are looking ahead to this year's first presidential debate, set to be held in Denver, Colorado, as a chance to keep pressing President Barack Obama and Republican challenger Mitt Romney on U.S. gun policy. The first debate between the two is scheduled for October 3 at the University of Denver, about 10 miles from the cinema in Aurora, Colorado, where a gunman killed 12 people on July 20. A nonpartisan commission announced the debate schedule in October 2011, long before the shooting. ... Full Story Top Facebook revenue growth skids, shares plunge Thu,26 Jul 2012 03:48 PM PDT Reuters - SAN FRANCISCO (Reuters) - Facebook Inc reported a drastic slowdown in revenue growth and failed to offer financial forecasts to quell fears about its ability to boost advertising growth, sending its shares plummeting to a record low. In its inaugural earnings report since becoming the first American company to debut with a value of more than $100 billion, Facebook reported revenue increased 32 percent in the second quarter to $1.18 billion, in line with average forecasts. But it offered no outlook for the current period as some investors had hoped. ... Full Story Top Exxon Mobil output, chemicals unit dampen earnings Thu,26 Jul 2012 11:33 AM PDT Reuters - (Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, posted lower-than-expected quarterly earnings on Thursday as its oil and gas output sagged and weak margins hurt its chemicals business. Weaker global oil prices have weighed on earnings across the sector and Exxon also felt the sting of decade-low U.S. natural gas prices, especially in the United States where it is the largest producer of the fuel. ... Full Story Top China indicts Bo's wife for murder Thu,26 Jul 2012 09:49 AM PDT Reuters - BEIJING (Reuters) - China will try Gu Kailai, the wife of ousted Politburo member Bo Xilai, on charges of murdering a British man, state media said on Thursday in the latest turn in a scandal that has rocked the government in Beijing and could bring Gu the death penalty. The contentious dismissal of Bo has already shaken the Communist Party's looming once-in-a-decade succession, and now Gu and family aide Zhang Xiaojun will be prosecuted for allegedly poisoning businessman Neil Heywood last year over "conflict of economic interests", the official Xinhua news agency said. ... Full Story Top American pleads guilty to trying to export missile parts to Iran Thu,26 Jul 2012 10:52 AM PDT Reuters - CHICAGO (Reuters) - A California man pleaded guilty in Chicago on Thursday to a felony charge of trying to illegally export missile parts to Iran, which the United States says is working to build nuclear weapons. Andro Telemi, 42, faces a maximum penalty of 20 years in prison and a $250,000 fine. He pleaded guilty without entering into an agreement with the government. Telemi, a naturalized U.S. citizen from Iran, had been indicted in 2009 along with Iranian national Davoud Baniameri, 39, also of California. Baniameri pleaded guilty last year and was sentenced to four years in prison. ... Full Story Top Exclusive: California city could face SEC lawsuit Thu,26 Jul 2012 08:16 AM PDT Reuters - LOS ANGELES (Reuters) - In a case that illustrates the mounting risks facing cash-strapped California cities and their lenders, the desert city of Victorville is bracing for possible litigation amid allegations that it improperly shifted funds among different city-controlled entities. The Victorville city council was told by its attorney last week that it faced "significant exposure to litigation" relating to a little-publicized Securities and Exchange Commission investigation into its financial practices, the city attorney acknowledged in a statement to Reuters. ... Full Story Top Pending homes fall in June, supply blamed Thu,26 Jul 2012 07:02 AM PDT Reuters - WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes unexpectedly fell in June as fewer properties came on the market, an industry group said on Thursday, pointing to weak home resales in July. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in June, slipped 1.4 percent to 99.3. May's reading was revised down to show a 5.4 percent increase from a previously reported 5.9 percent. Economists polled by Reuters had expected signed contracts, which become sales after a month or two, to rise 0.2 percent. ... Full Story Top Geithner says did all he could to address Libor problem Thu,26 Jul 2012 03:26 AM PDT Reuters - WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner, under pressure for not doing enough to stop fraudulent manipulation of a key benchmark interest rate, told lawmakers on Wednesday he alerted the appropriate authorities "early on." In his first chance to defend his actions on the widening Libor scandal before Congress, Geithner said he became aware of the problem in 2008, when he was president of the New York Federal Reserve Bank, an influential bank regulator. ... Full Story Top Apple's invincibility fades on iPhone miss, global woes Thu,26 Jul 2012 06:03 AM PDT Reuters - SAN FRANCISCO (Reuters) - Apple Inc's biggest success has become its biggest risk factor. The iPhone revolutionized the smartphone industry, driving Apple's expansion into Europe and China and, after just half a decade, yields about half its annual $100 billion revenue haul. But the world's most valuable technology company -- which throughout the global recession near-unfailingly smashed Wall Street forecasts -- is beginning to lose its aura of invincibility. The company has missed Wall Street targets twice in under a year. ... Full Story Top Durable goods orders ex-transportation fall in June Thu,26 Jul 2012 06:39 AM PDT Reuters - WASHINGTON (Reuters)- - New orders for a range of long-lasting manufactured goods fell in June and a gauge of planned business spending plans dropped, pointing to a slowdown in factory activity. The Commerce Department said on Thursday durable goods orders excluding transportation dropped 1.1 percent, the biggest decline since January, after rising 0.8 percent in May. Economists had forecast this category being flat last month. Overall orders increased 1.6 percent as demand for aircraft surged, after an upwardly revised 1.6 percent increase the prior month. ... Full Story Top Nuclear expansion on track despite Fukushima: OECD report Wed,25 Jul 2012 11:28 PM PDT Reuters - LONDON (Reuters) - Strong expansion of nuclear power as a carbon-free energy source in Asia is expected to press ahead despite the Fukushima accident in Japan that soured sentiment in some countries, a benchmark report said on Thursday. An earthquake and tsunami crippled the Fukushima plant in February 2011, leading to the closure of Japan's 50 reactors and spurring Germany to pledge to close all of its nuclear reactors by 2022. ... Full Story Top Spain not mulling seeking further EU help: sources Thu,26 Jul 2012 03:06 AM PDT Reuters - MADRID (Reuters) - Spain is not considering seeking immediate help from the European Union to ease its spiraling borrowing costs, two Spanish sources said on Thursday, although the euro zone is eyeing possible action for later this year. With the troika of international lenders due to report back to European authorities on the parlous situation in Greece in September and a challenging autumn in terms of funding for Madrid, top euro zone policymakers are discussing ways to shield the currency union from further contagion. ... Full Story Top Funeral held for second Colorado victim; judge cracks down on leaks Thu,26 Jul 2012 03:12 PM PDT Reuters - DENVER (Reuters) - Mourners packed a Denver church on Thursday for the funeral of a 23-year-old woman who was among the 12 people shot to death at a midnight showing of a new "Batman" film, and a judge clamped down on leaks of information about the accused gunman and the investigation. The private, two-hour memorial for Micayla Medek ended with sobbing family members clustered around her flower-covered coffin, some softly singing "You Are My Sunshine" while others blew kisses after the hearse that bore her body away. ... Full Story Top Insight: Slovenia rues bank mismanagement as bailout talk grows Thu,26 Jul 2012 05:41 AM PDT Reuters - LJUBLJANA (Reuters) - When he took control of his country's biggest bank in 2009, Drasko Veselinovic expected a rough ride. He knew Slovenia's state-owned Nova Ljubljanska Banka (NLB) was facing difficulty as the country's boom years began grinding to a halt. But what he did not expect was the same politicians who berated him in public to be privately asking for secret favors. Some "would strongly criticize me in the media", he told Reuters, "and on the very same day they would press one of my colleagues on the management board for a loan for a certain company". ... Full Story Top Strong quake hits off Mauritius Wed,25 Jul 2012 11:28 PM PDT Reuters - SINGAPORE (Reuters) - A magnitude 5.8 earthquake struck off the Indian Ocean island of Mauritius on Thursday, the United States Geological Survey said. The quake was centered 212 miles northeast of Rodrigues island and at a depth of 20.5 miles. The USGS initially put the magnitude at 6.7. (Writing by Sanjeev Miglani; Editing by Ron Popeski) Full Story Top British bank Lloyds gets Libor subpoenas Thu,26 Jul 2012 04:14 AM PDT Reuters - LONDON (Reuters) - Britain's Lloyds Banking Group has received subpoenas from government agencies investigating a global interest rate rigging scandal that has rocked the banking industry and has not set any money aside to cover a potential fine, it said on Thursday. Rival Barclays has been thrown into turmoil after being fined a record $453 million by U.S. and UK authorities for manipulating Libor interest rates. More than a dozen other banks are also being investigated and more fines are expected. ... Full Story Top Greece hammers out savings demanded by lenders: source Thu,26 Jul 2012 03:03 AM PDT Reuters - ATHENS (Reuters) - Greece's government has found 11.7 billion euros in savings for 2013 and 2014 demanded by foreign lenders and will present it later on Thursday to the leaders of its ruling coalition for final approval, a senior finance ministry official said. "The government has finalized the plan and will present it later today to political leaders," a senior finance ministry official told Reuters. Greek Prime Minister Antonis Samaras is scheduled to meet the heads of the two other parties of his ruling coalition later on Thursday. (Reporting by Harry Papachristou) Full Story Top Geithner says he did all he could to address Libor problem Wed,25 Jul 2012 03:58 PM PDT Reuters - WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner, under pressure for not doing enough to stop fraudulent manipulation of a key benchmark interest rate, told lawmakers on Wednesday he alerted the appropriate authorities "early on." In his first chance to defend his actions on the widening Libor scandal before Congress, Geithner said he became aware of the problem in 2008, when he was president of the New York Federal Reserve Bank, an influential bank regulator. ... Full Story Top Weak lending adds pressure for ECB action Thu,26 Jul 2012 02:45 AM PDT Reuters - FRANKFURT (Reuters) - Lending to euro zone firms and consumers fell in June, feeding fears the bloc is set to return to recession and adding to the European Central Bank's list of concerns as it mulls its options to get the ailing economy back on track. An ECB survey on bank lending showed on Wednesday that banks expect to continue to toughen their lending rules in the coming months while demand for loans is also expected to remain subdued. Thursday's money supply data from the ECB backed the trend, showing that loans to the private sector fell 0.2 percent from the same month a year ago. ... Full Story Top Citi sees 90 percent chance of Greece leaving the euro Wed,25 Jul 2012 11:39 PM PDT Reuters - MILAN (Reuters) - The chances of Greece leaving the euro in the next 12-18 months have risen to about 90 percent, U.S. bank Citi said in a report on Thursday, saying Athens was most likely to quit the single currency within the next two to three quarters. The report, dated July 25 but distributed in an email on Thursday, said the bank expected Italy and Spain to take a formal bailout from the European Union and IMF on top of the banking aid for which Madrid has already asked. Citi economists had previously put the chances of a Greek exit at 50 to 75 percent. ... Full Story Top Spain feels debt heat, Greece way off bailout terms Wed,25 Jul 2012 04:35 PM PDT Reuters - MADRID/BRUSSELS (Reuters) - Spain paid the second highest yield on short-term debt since the birth of the euro at an auction on Tuesday, and EU officials said Greece had little hope of meeting the terms of its bailout, casting fresh doubt on its future in the euro zone. Spain's increasingly desperate struggle to put its finances right has seen its borrowing costs soar to levels that are not manageable indefinitely, reflecting a growing belief that it will need a sovereign bailout the euro zone can barely afford. ... Full Story Top Syrian armored column closes in on Aleppo Wed,25 Jul 2012 02:31 PM PDT Reuters - AZAZ, Syria (Reuters) - The Syrian army turned its forces on Aleppo on Wednesday, ordering an armored column to advance on the country's second biggest city and pounding rebels there with artillery and attack helicopters, opposition activists said. As hostilities intensified near the Turkish border, Ankara said it was closing its crossing posts, although the United Nations said refugees fleeing Syria would be allowed through. ... Full Story Top Protest over California police shooting turns violent, 24 arrested Wed,25 Jul 2012 04:52 PM PDT Reuters - (Reuters) - Police in the Southern California city of Anaheim arrested 24 people overnight after protesters smashed store windows and started fires in anger over the police shooting of an apparently unarmed man. It was the second major clash between police and protesters since Saturday when an officer shot dead a man police said was a gang member in Anaheim, which is home to Disneyland. "I'm here to say that vandalism, arson and other forms of violent protest will simply not be tolerated in our city," Anaheim Mayor Tom Tait told reporters on Wednesday. ... Full Story Top North Korea confirms mystery woman is leader's wife Wed,25 Jul 2012 01:11 PM PDT Reuters - SEOUL (Reuters) - North Korea's new young leader, Kim Jong-un, is married, state media said on Wednesday, putting an end to speculation over the relationship with a woman seen at his side during recent events. The announcement, which fits a trend the Kim has followed to break out of the dour management style of his late father, Kim Jong-il, came just two weeks after he was seen at a gala performance accompanied by the woman, with rumors swirling as to whether she was his wife, lover or sister. ... Full Story Top

You received this email because you subscribed to Yahoo! Alerts. Use this link to unsubscribe from this alert. To change your communications preferences for other Yahoo! business lines, please visit your Marketing Preferences. To learn more about Yahoo!'s use of personal information, including the use of web beacons in HTML-based email, please read our Privacy Policy. Yahoo! is located at 701 First Avenue, Sunnyvale, CA 94089.