Investors face another Washington deadline

NEW YORK (Reuters) - Investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large. Investors in sectors most likely to be affected by the cuts, like defense, seem untroubled that the budget talks could send stocks tumbling. Talks on the U.S. budget...

Read More..

North Korea Warns U.S. Forces of ‘Destruction’ Ahead of Drills

SEOUL (Reuters) — North Korea on Saturday warned the top U.S. military commander stationed in South Korea that his forces would “meet a miserable destruction” if they go ahead with scheduled military drills with South Korean troops, North Korean state media said. Pak Rim-su, chief delegate of the North Korean military mission to the inter-Korean truce village of Panmunjom, gave the message...

Read More..

Jobs, factory, inflation data favor easy Fed policy

WASHINGTON (Reuters) - A raft of U.S. economic data on Thursday from claims for jobless aid to factory activity and consumer prices pointed to a still tepid recovery and supported the argument for the Federal Reserve to maintain its monetary stimulus. The Fed is currently buying $85 billion in bonds per month and has said it would keep up purchases until the labor market outlook improves...

Read More..

Pistorius Bail Hearing Set to Resume

PRETORIA, South Africa — Oscar Pistorius, the double amputee track star accused of murdering his girlfriend, was to return to court on Friday on the fourth day of hearings this week about whether he should be granted bail in a case that has riveted the nation. News reports said he slipped into the courthouse, his head covered by a jacket, some time before the scheduled start of hearings that...

Read More..

Will the PlayStation 4 Play Used Games? Maybe, Maybe Not

Ahead of Sony’s PlayStation 4 announcement Wednesday night, the rumor mill put odds on the new game console’s ability to play used games at right about zero. Bear in mind the rumors came from gossip blogs known for chasing the moon, but the notion struck a chord with gamers because it’s been happening for years over on the PC side of the biz: bigwigs like Valve and Blizzard eliminated the secondary...

Read More..

American Idol: Sudden-Death Round Begins for Men

TV Watch By Steve Helling 02/21/2013 at 11:00 PM EST From left: Randy Jackson, Mariah Carey, Ryan Seacrest, Nicki Minaj and Keith Urban George Holz/FOX On Wednesday, 10 women sang for five spots on American Idol's live shows. On Thursday, it was the remaining guys'...

Read More..

APNewsBreak: Govs to hear Oregon health care plan

SALEM, Ore. (AP) — Oregon Gov. John Kitzhaber will brief other state leaders this weekend on his plan to lower Medicaid costs, touting an overhaul that President Barack Obama highlighted in his State of the Union address for its potential to lower the deficit even as health care expenses climb.The Oregon Democrat leaves for Washington, D.C., on Friday to pitch his plan that changes the way doctors...

Read More..

Wall Street ends down sharply after Fed minutes

TORONTO, Feb 20 (Reuters) - Canada's Rebecca Marino, a rising star in women's tennis, stepped away from the sport in search of a normal life on Wednesday, weary of battling depression and cyber-bullies. Ranked number 38 in the world two years ago, the 22-year-old admitted she had long suffered from depression and was no longer willing to make the sacrifices necessary to reach the top. "After thinking...

Read More..

India Ink: Image of the Day: Feb. 20

...

Read More..

Apple supplier Foxconn freezes hiring at largest plant

TAIPEI/NEW YORK (Reuters) – Apple Inc’s manufacturing partner Foxconn Technology Group has frozen hiring at a Shenzhen plant that makes gadgets including the iPhone 5 and put the brakes on recruiting for other factories across China, but said the move was not linked to any single client.Foxconn, which runs a network of factories across the world’s No. 2 economy that make products for tech companies...

Read More..

American Idol: Women Face Sudden-Death Round

American Idol By Jamie Bufalino 02/20/2013 at 11:00 PM EST Mariah Carey Mario Anzuoni/Reuters/Landov American Idol threw yet another new twist at its 40 remaining contestants: a sudden-death round. "One song, one chance, no mercy," Ryan Seacrest said as the first...

Read More..

Adults get 11 percent of calories from fast food

ATLANTA (AP) — On an average day, U.S. adults get roughly 11 percent of their calories from fast food, a government study shows.That's down slightly from the 13 percent reported the last time the government tried to pin down how much of the American diet is coming from fast food. Eating fast food too frequently has been seen as a driver of America's obesity problem.For the research, about 11,000 adults...

Read More..

Asian shares hit 18-month high on growth hopes

TOKYO (Reuters) - Asian shares scaled their highest levels since August 2011 on Wednesday after an improving global economic outlook whetted investor appetite for risk, while the yen firmed amid doubts over Japan's commitment to drastic reflation. Asian shares have been on an uptrend as risks from the euro zone debt crisis and the U.S. fiscal impasse abated and signs of recovery emerged...

Read More..

Prosecutors in Oscar Pistorius Case to Resist Bail

PRETORIA, South Africa — Prosecutors were expected on Wednesday to lay out their reasons for opposing bail for Oscar Pistorius, the double amputee global track star accused of the premeditated murder of his girlfriend — a crime he denies. Mr. Pistorius, 26, arrived early at a courthouse here in a police car, his head covered by a blue blanket, news reports said, to press his case to be released...

Read More..

The U.S. Postal Service Is Getting into the ‘Wearable Electronics’ Business?

Yes, you read that headline right. Strapped for cash and obviously desperate, the United States Postal Service is launching a new line of “‘smart apparel,’ — also known as wearable electronics.” The mailmen-turned-fashionistas will call the new line Rain Heat & Snow, first for men and later for women, and while it’s unclear exactly how smart the apparel gets, reports suggest that you’ll  be...

Read More..

What's Next for Mindy McCready's Two Young Boys?

By Steve Helling 02/19/2013 at 07:00 PM EST Mindy McCready's apparent suicide on Sunday has left her two young sons in custodial limbo.The boys – Zander, 6, and Zayne, 10 months – had been in state custody since Feb. 7, when McCready called police to ask for help in making her father and stepmother leave her...

Read More..

Drug overdose deaths up for 11th consecutive year

CHICAGO (AP) — Drug overdose deaths rose for the 11th straight year, federal data show, and most of them were accidents involving addictive painkillers despite growing attention to risks from these medicines."The big picture is that this is a big problem that has gotten much worse quickly," said Dr. Thomas Frieden, head of the Centers for Disease Control and Prevention, which gathered and analyzed...

Read More..

Philippine, Aussie shares at new peaks; yen firms

TOKYO (Reuters) - Philippine and Australian shares scaled new heights on Tuesday but other Asian shares were mixed, with worries about the risk of an inconclusive outcome in Italy's election and about U.S. budget talks limiting the upside after strong rallies in early February. European markets looked set to inch higher, with financial spreadbetters predicting London's FTSE 100 <.ftse>,...

Read More..

IHT Rendezvous: IHT Quick Read: Feb. 19

NEWS An overwhelming percentage of online attacks toward U.S. companies, organizations and government agencies originate from one area of a Shanghai neighborhood, home to a Chinese army unit, according to a report by the computer security firm Mandiant. David E. Sanger, David Barboza and Nicole Perlroth report.In a surprise predawn homecoming, President Hugo Chávez returned to Venezuela more than...

Read More..

Burger King apologizes after Twitter hacking

Somebody hacked Burger King‘s Twitter account on Monday, posting obscene messages and changing its profile picture to a McDonald’s logo.The tweets stopped after a little more than an hour, and Burger King said it had reached out to Twitter to suspend the account. A Twitter spokesman did not immediately respond to a phone message left on Monday.Late Monday, Burger King tweeted: “Interesting day here...

Read More..

Mindy McCready: Under Police Scrutiny at Time of Suicide?

By Steve Helling and Mike Fleeman 02/18/2013 at 06:00 PM EST Mindy McCready and David Wilson Courtesy Mindy McCready When Mindy McCready talked to police in recent weeks, her account of how her boyfriend came to be found with a fatal gunshot wound to the head...

Read More..

Hip implants a bit more likely to fail in women

CHICAGO (AP) — Hip replacements are slightly more likely to fail in women than in men, according to one of the largest studies of its kind in U.S. patients. The risk of the implants failing is low, but women were 29 percent more likely than men to need a repeat surgery within the first three years.The message for women considering hip replacement surgery remains unclear. It's not known which models...

Read More..

Japan stocks rally to near four-year highs, yen resumes fall after G20

TOKYO (Reuters) - Japanese shares surged 2.1 percent on Monday and were on the brink of revisiting four-year highs tapped recently, as the yen slumped after Tokyo dodged direct criticism from G20 peers on its aggressive reflation plans that have weakened the currency. The G20 opted not to single out Tokyo, but committed members to refrain from competitive devaluations and said monetary...

Read More..

IHT Rendezvous: In Singapore's Immigration Debate, Sign of Asia's Slipping Middle Class?

BEIJING — Immigration is a hot-button issue nearly everywhere in the world, though the contours of the debate vary from place to place. In the United States, sweeping changes to the law may offer legal residency for millions of people who have entered the country illegally, my colleague Ashley Parker reports.In Singapore, the debate looks somewhat different: The government plans to increase the population...

Read More..

Can Vanilla Ice, Hardwick take Streamys to the mainstream?

NEW YORK (TheWrap.com) – Nerd god Chris Hardwick, 1990s rap icon Vanilla Ice and a gallant troupe of YouTube stars have the same mission this weekend – to turn the unknown Streamy Awards into the Golden Globes of online video.That’s why Tubefilter, which conceived the show to honor the best in online video and helped produce its first two iterations, has partnered with Dick Clark Productions, the...

Read More..