Wall Street Week Ahead: "Cliff" worries may drive tax selling

NEW YORK (Reuters) - Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" - and the possibility of higher taxes in 2013 - may act as the greatest incentive to sell both winners and losers by December 31. The $600 billion of automatic tax increases and spending cuts scheduled for the beginning of next year includes higher rates for capital...

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Somber Chávez to Have Surgery and Names Successor

Marcelo Garcia/Miraflores Press Office, via Associated PressPresident Hugo Chavez of Venezuela, center, announced Saturday in a speech that his cancer had returned. Diosdado Cabello, president of the National Assembly, left, and Vice President Nicolás Maduro appeared with him. ORURO, Bolivia — President Hugo Chávez of Venezuela announced Saturday in Caracas that he would have to undergo another...

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7 Apps You Don’t Want To Miss

TwitterificTwitter client Twitterific released version 5 of its iOS app this week. Overhauled and redesigned, the updated app has a new customizable user interface, gesture support, and the ability to sync timeline positions between several different devices.Click here to view this gallery.[More from Mashable: Google Now Updated With Boarding Passes, Improved Voice Search]It can be tough to keep up...

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Michelle Branch's Daughter's Dream Job Is For the Birds - Literally

Mom & Babies Celebrity Baby Blog 12/03/2012 at 02:00 PM ET Sthanlee B. Mirador/Shooting StarIt seems as if Michelle Branch‘s daughter won’t be following in her musical footsteps any time soon.While the Grammy Award winning singer/songwriter and her husband, bass player Teddy Landau, are no strangers...

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...

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Wall Street Week Ahead: "Cliff" worries may drive tax selling

NEW YORK (Reuters) - Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" - and the possibility of higher taxes in 2013 - may act as the greatest incentive to sell both winners and losers by December 31. The $600 billion of automatic tax increases and spending cuts scheduled for the beginning of next year includes higher rates for capital...

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World Briefing | AFRICA: Uganda: Oil Industry Regulations Passed

Lawmakers passed legislation on Friday intended to regulate Uganda’s nascent oil industry, but critics say it gives too much authority over the industry to the nation’s energy minister. The legislation, which has been debated for more than a year, is meant to pave the way for oil production in Uganda. But Global Witness, a group that highlights the links between the exploitation of...

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New Sony online store offers remote downloads to PlayStation and mobile devices

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Susan Powell's Father-in-Law Secretly Took 4,500 Pictures of Her

12/07/2012 at 07:30 PM EST Wrapping up a year that has brought unimaginable frustration and heartbreak, Susan Powell's family marked the three-year anniversary of her disappearance at a ceremony this week near where her two sons are buried."It's a hard time of year," Susan's father, Chuck Cox, tells PEOPLE....

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...

Read More..