Wall St Week Ahead: Holiday "on standby" as clock ticks on cliff

NEW YORK (Reuters) - The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff." Last-minute negotiations in Washington on the so-called fiscal cliff - nearly $600 billion of tax increases and spending cuts set to take effect in January that could cause a sharp slowdown...

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Currents: School Takes New Tack on Work Study

NEW YORK — “I was raised into believing that money is everything,” said Maire Mendoza, 19, crying at her own tale. Her parents are near-invisibles in this city that they’ve heard called a city of dreams. They left Mexico before Maire was born and have toiled anonymously ever since — her mother a baby sitter these days, her father a restaurant worker. They raised their girls as pragmatic...

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Games top App Store revenue in 2012

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Gunman's Father and Brother Are 'in Shock,' Says a Source

By Diane Herbst 12/14/2012 at 08:50 PM EST State police personnel lead children to safety away from the Sandy Hook Elementary School Shannon Hicks/Newtown Bee/Reuters/Landov The father and older brother of the gunman who was blamed for the Connecticut school shooting are being questioned by...

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Fewer health care options for illegal immigrants

ALAMO, Texas (AP) — For years, Sonia Limas would drag her daughters to the emergency room whenever they fell sick. As an illegal immigrant, she had no health insurance, and the only place she knew to seek treatment was the hospital — the most expensive setting for those covering the cost.The family's options improved somewhat a decade ago with the expansion of community health clinics, which offered...

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Asian shares mixed after China data, "fiscal cliff" weighs

TOKYO (Reuters) - Asian shares were mixed on Friday with a pick-up in China's manufacturing sector lending support but worries over the progress of U.S. budget talks to avert the "fiscal cliff" weighing on investor sentiment. European shares were expected to start higher, with financial spreadbetters predicting London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's...

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World Briefing | Africa: Mali: Interim Prime Minister Sworn In

Mali swore in an interim prime minister on Thursday, just days after soldiers behind this year’s military coup arrested his predecessor and forced his resignation. The new prime minister, Diango Cissoko, officially took office in the capital, Bamako, where he said the former prime minister, Cheick Modibo Diarra, would be available as needed during the political transition. In recent weeks though,...

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U.S. drops China’s Taobao website from “notorious” list

WASHINGTON (Reuters) – The United States on Thursday dropped a website owned by China‘s largest e-commerce company, Alibaba Group, from its annual list of the world’s most “notorious markets” for sales of pirated and counterfeit goods.Taobao Marketplace, an online shopping site similar to eBay and Amazon that brings together buyers and sellers, “has been removed from the 2012 List because it has undertaken...

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The X Factor Reveals Season 2 Finalists

TV Watch The X Factor 12/13/2012 at 09:10 PM EST Carly Rose Sonenclar, Emblem3, Tate Stevens and Fifth Harmony Ray Mickshaw/FOX (4) Sparks will fly at the finale! On Thursday, The X Factor revealed its top three acts, who will perform next week in the final night...

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Study: People worldwide living longer, but sicker

LONDON (AP) — Nearly everywhere around the world, people are living longer and fewer children are dying. But increasingly, people are grappling with the diseases and disabilities of modern life, according to the most expansive global look so far at life expectancy and the biggest health threats.The last comprehensive study was in 1990 and the top health problem then was the death of children under...

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Asian shares rise, yen slips after Fed's stimulus steps

TOKYO (Reuters) - Asian shares extended gains for a seventh day on Thursday, after the U.S. Federal Reserve took new stimulus steps to bolster the economy, pressuring the yen with expectations the Japanese central bank will follow suit with more easing next week. While stocks gained, oil and gold fell from post-Fed rallies, as investors took profits ahead of the year-end, and concerns...

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High Cost Leads Canada to Study Plans to Buy F-35s

Canada said Wednesday that it would reconsider plans to buy 65 F-35 fighter jets after an independent audit found that the sophisticated stealth planes would cost substantially more than the government had promised. The decision was an unusual step back by Stephen Harper, the prime minister, who has been a strident defender of the purchase despite widespread public criticism of the price....

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U.S. federal agency to test RIM’s BlackBerry 10

TORONTO (Reuters) – Research In Motion said a U.S. federal agency, which recently outlined plans to move away from BlackBerry in favor of Apple Inc’s iPhone, is now set to begin testing RIM‘s new BlackBerry 10 platform and devices.The U.S. Immigration and Customs Enforcement agency (ICE), will early next year begin a pilot program on RIM’s new line of BlackBerry 10 smartphones and BlackBerry Enterprise...

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Tevin Hunte Is 'So Happy' After His Voice Elimination

TV Watch The Voice By Jessica Herndon and Julia Haskins 12/12/2012 at 07:45 PM EST Team Cee Lo's Trevin Hunte was eliminated on Tuesday's episode of The Voice, but the soulful singer isn't letting the end of this journey hold him back. "I feel like the best person on the planet Earth. I am so happy and excited...

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Congress examines science behind HGH test for NFL

WASHINGTON (AP) — A congressional committee has opened a hearing to examine the science behind a human growth hormone test the NFL wants to start using on its players.Nearly two full seasons have passed since the league and the players' union signed a labor deal that set the stage for HGH testing.The NFL Players Association won't concede the validity of a test that's used by Olympic sports and Major...

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Asian shares hit new highs, Fed outcome pressures dollar

TOKYO (Reuters) - Asian shares rose on Wednesday buoyed by strength in global equities markets, hopes of a deal from U.S. budget talks and expectations for more stimulus from the Federal Reserve when it ends its two-day policy meeting later in the day. Oil, copper and gold prices were also underpinned while the dollar remained broadly pressured, but the yen weakened against the dollar...

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Proper jailbreak for iOS 6 reportedly coming December 22nd

The speed at which a jailbreak for a new iOS device is released has slowed down considerably over the last few years. A tethered jailbreak  for devices running iOS 6 has been out September, but most people have been holding out for the untethered version – a hack that doesn’t erase everything upon reboot. A new jailbreak developer called “Dream JB” claims he will release a proper untethered jailbreak...

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Hugh Hefner's Engagement Ring to Crystal Harris Revealed

By Mike Fleeman 12/11/2012 at 07:00 PM EST The wedding's back on – though it may be a good idea to save that gift receipt. Hugh Hefner, 86, officially confirms that he is once again engaged to Crystal Harris, 26, telling his Twitter followers, "I've given Crystal Harris a ring. I love the girl." And to prove...

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Asia shares up despite Fed uncertainty, fiscal fears

TOKYO (Reuters) - Asian shares edged up to a 16-month high on Tuesday and the euro firmed, but prices were capped as investors waited for the U.S. Federal Reserve's policy decision this week and any progress in U.S. budget talks. European shares were likely to crawl higher too, with financial spreadbetters predicting London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's...

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Putin Rehabilitates Labor Award Harking Back to Soviet Glory

MOSCOW — When secretaries, financial analysts and the like spilled onto the streets of Moscow in antigovernment protests last winter, Vladimir V. Putin took one look and dismissed them as a crowd of “office plankton.” And then he set about burnishing his credentials as a champion of real, working-class Russians, a project that continued on Monday with his decision to dust off a relic of Soviet...

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Royal phone scandal highlights new media risks

CANBERRA (Reuters) – Back in 2007, as investigations were gathering strength into the UK phone hacking scandal involving journalists working under the umbrella of the Murdoch media empire, a comedy show based around prank telephone calls made a low-key debut in Britain.‘Fonejacker’ proved such a hit with the British public that the next year the program, in which a masked caller bamboozles hapless...

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Hayden Panettiere Splits with Scotty McKnight

12/10/2012 at 07:50 PM EST Hayden Panettiere and Scotty McKnight Splash News Online Is there a tear in her beer?Nashville star Hayden Panettiere has broken up with her boyfriend of more than a year, New York Jets wide receiver Scotty McKnight, a source confirms...

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New tests could hamper food outbreak detection

WASHINGTON (AP) — It's about to get faster and easier to diagnose food poisoning, but that progress for individual patients comes with a downside: It could hurt the nation's ability to spot and solve dangerous outbreaks.Next-generation tests that promise to shave a few days off the time needed to tell whether E. coli, salmonella or other foodborne bacteria caused a patient's illness could reach medical...

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Shares crawl higher as China, U.S. data brighten outlook

SINGAPORE (Reuters) - Asian shares touched a 16-month high on Monday as investors took heart from rising factory output growth in China and a falling unemployment rate in the United States that raised hopes about the outlook for the world's top two economies. The positive mood was tempered by Chinese trade data that saw both exports and imports come in below forecasts, but equities and...

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India Ink: A Conversation With: Human Rights Activist Binayak Sen

Binayak Sen, 62, is no ordinary doctor. Few doctors, after all, spend three decades working in a region threatened by what Prime Minister Manmohan Singh called the “single biggest internal security challenge ever faced” by the country. And that was before Dr. Sen was jailed on charges of “waging a war against the state,” which prompted a group of Nobel laureates to petition for his release.Dr. Sen...

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