Jan
05

"Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week. Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current...
Read More..
Jan
04

India Ink: Lawmakers in India Charged With Crime Could Face Speedier Trials

India’s Supreme Court on Friday asked the government to consider fast-tracking trials of lawmakers who are facing criminal charges, lawyers said, after activists filed a petition demanding legislators accused of abusing women be disqualified from public office.Six state legislators have charges of rape against them, and 36 have been charged with other crimes against women, according to a Dec. 20 report...
Read More..

Huawei launches the Ascend P1 in the U.S. for $450 through Amazon

Despite its attempts to attract new customers with high-end phones, Huawei (002502) remains relatively unknown to U.S. consumers. The company is looking to change that and on Thursday announced the availability of the Ascend P1 smartphone. The Android-powered device is equipped with a 4.3-inch Super AMOLED display, a 1.5GHz dual-core processor, 1GB of RAM and an 8-megapixel rear camera. The handset...
Read More..

Gabby Giffords to Meet Privately with Sandy Hook Families

By Andrea Billups 01/04/2013 at 08:00 AM EST Gabrielle Giffords, the former member of Congress from Arizona who was gunned down at a Tucson shopping center two years ago – and then courageously fought to recover from her injuries – will meet privately Friday with the families of the Sandy Hook school in Newtown, Conn.The event will be held...
Read More..

Indian court to rule on generic drug industry

NEW DELHI (AP) — From Africa's crowded AIDS clinics to the malarial jungles of Southeast Asia, the lives of millions of ill people in the developing world are hanging in the balance ahead of a legal ruling that will determine whether India's drug companies can continue to provide cheap versions of many life-saving medicines.The case — involving Swiss drug maker Novartis AG's cancer drug Glivec — pits...
Read More..

Stock futures add gains after jobs report

Breakups can be painful. But on the bright side, they can lead to some creative revenge schemes. To wit: A spurned New Zealand woman sold the secret locations to her ex-boyfriend's favorite fishing spots, netting $3,000, which she then spent on herself. The drama went down in January of 2012 but is just now getting [....
Read More..
Jan
03

Depardieu, in Tax Fight, Gets Russian Citizenship

MOSCOW (AP) — Gerard Depardieu, the French actor who has waged a battle against a proposed super-tax on millionaires in his native country, has been granted Russian citizenship. A brief announcement on the Kremlin website on Thursday revealed that President Vladimir Putin signed the citizenship grant following an application from the actor. The former Oscar nominee and star of the...
Read More..

Brandy: My Proposal Was a 'Spontaneous Thing'

By Mark Gray 01/03/2013 at 07:30 AM EST Ryan Press and Brandy Al Powers/Powers Imagery/Invision/AP Brandy had no idea that her fiancé Ryan Press had plans to ask for her hand in marriage last week. Then again, she doesn't think her beau knew he was going to, either. "It...
Read More..

Flu? Malaria? Disease forecasters look to the sky

NEW YORK (AP) — Only a 10 percent chance of showers today, but a 70 percent chance of flu next month.That's the kind of forecasting health scientists are trying to move toward, as they increasingly include weather data in their attempts to predict disease outbreaks.In one recent study, two scientists reported they could predict — more than seven weeks in advance — when flu season was going to peak...
Read More..

Stock futures drop after rally as investors book profit

NEW YORK (Reuters) - Stock futures edged lower on Thursday, as investors locked in gains following a rally on Wednesday, which was spurred by a deal by U.S. lawmakers to avert a "fiscal cliff" of austerity measures that had been due to kick in this year. Wall Street began the new year Wednesday with a rally and their best performance in more than a year, sparked by a last-minute deal...
Read More..