Wall Street slips as investors seek cliff progress

NEW YORK (Reuters) - Stocks finished slightly lower in a quiet session on Tuesday as the back-and-forth wrangling over the "fiscal cliff" gave investors little reason to act. Trading volume was light as legislators continue to negotiate a deal to avoid a $600 billion package of tax hikes and federal spending cuts that would begin January 1 and could push the economy into recession. ...

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Changing of the Guard: How Crash Cover-Up Altered China’s Succession

BEIJING — “Thank you. I’m well. Don’t worry,” read the post on a Chinese social networking site. The brief comment, published in June, appeared to come from Ling Gu, the 23-year-old son of a high-powered aide to China’s president, and it helped quash reports that he had been killed in a Ferrari crash after a night of partying. It only later emerged that the message was a sham, posted by someone...

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Amazon launches Kindle content service for kids

NEW YORK (AP) — Amazon is launching a subscription service for children’s games, videos and books aimed at getting more kids to use its Kindle Fire tablet devices.Amazon.com Inc. plans to announce Wednesday that the Kindle FreeTime Unlimited service will be available in the next few weeks as part of an automatic software update.Amazon said subscribers will have access to “thousands” of pieces of content,...

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The Voice Reveals Top Four Contestants

TV Watch By Julia Haskins 12/04/2012 at 09:35 PM EST The Voice"'s top six contestants were under double pressure Monday night when they had to sing two songs each. But there was even more stress at Tuesday's elimination. "It went as well as it could have gone," Team Blake's Terry McDermott said on Monday of his...

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Study: Drug coverage to vary under health law

WASHINGTON (AP) — A new study says basic prescription drug coverage could vary dramatically from state to state under President Barack Obama's health care overhaul.That's because states get to set benefits for private health plans that will be offered starting in 2014 through new insurance exchanges.The study out Tuesday from the market analysis firm Avalere Health found that some states will require...

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Asian shares slip off nine-month high on weak U.S. data

SINGAPORE (Reuters) - Asian shares slipped on Tuesday after a plunge in U.S. manufacturing activity hit Wall Street stocks and the dollar, while the euro hovered near a six-week high on optimism over Greece's plan to buy back debt. Declines in Asian stock markets suggested caution setting in after gains in recent weeks, with investors reluctant to chase shares higher amid continued gridlock...

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Iraq’s Latest Crisis Is a Standoff With Northern Kurds

Azad Lashkari/ReutersOfficials in Baghdad, including American diplomats, are trying to mediate a dispute with the Kurdish government in the north. BAGHDAD — It was just the sort of episode that observers have long worried could provoke a serious conflict: when federal police agents sought to arrest a Kurdish man last month in the city of Tuz Khurmato in the Kurdish north of the country, a gunfight...

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Judge gives initial OK to revised Facebook privacy settlement

(Reuters) – A U.S. judge on Monday gave his preliminary approval to a second attempt by Facebook Inc to settle a class action lawsuit which charges the social networking company with violating privacy rights.U.S. District Judge Richard Seeborg in California rejected a settlement in August over Facebook‘s ‘Sponsored Stories’ advertising feature, questioning why it did not award money to Facebook members...

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PHOTO: See Molly Mesnick's Baby Belly

Noah GrahamHappy holidays! Celebrities gathered to celebrate the season Saturday, attending the Second Annual Santa’s Secret Workshop in West Hollywood, Calif. Presented by Bill Horn and Scout Masterson and held at the Andaz Hotel, the event benefitted L.A. Family Housing.Among the revelers: Bachelor alums Jason and Molly Mesnick — whose first child together is due in March — attending their first...

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Fossil fuel subsidies in focus at climate talks

DOHA, Qatar (AP) — Hassan al-Kubaisi considers it a gift from above that drivers in oil- and gas-rich Qatar only have to pay $1 per gallon at the pump."Thank God that our country is an oil producer and the price of gasoline is one of the lowest," al-Kubaisi said, filling up his Toyota Land Cruiser at a gas station in Doha. "God has given us a blessing."To those looking for a global response to climate...

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