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. ...
Dec
03
Terms of Greek Bond Buyback Top Expectations
Label: WorldLONDON — In a bold bid to reduce its debt burden, Greece offered on Monday to spend as much as 10 billion euros to buy back 30 billion euros of its bonds from investors and banks. While the buyback had been expected, the prices offered by the government were above what the market had forecast, with a minimum price of 30 euro cents and a maximum of 40 cents, for a discount of 60 percent to...
Four Things Google’s Nexus 4 Has in Common with the iPhone 4
Label: TechnologyBesides being each company’s flagship smartphone (and having the number 4 in their names), Google‘s new Nexus 4 and the 2010 iPhone 4 have a fair bit in common with each other.This could be a good thing, if you remember just how popular the iPhone 4 was. Unfortunately, in this case it’s more of a bad thing, and hearkens back to “Antennagate” and the iPhone 4′s other problems. Do any of these features...
Rose McGowan Debuts Platinum Hair
Label: Lifestyle Stylewatch Style News Now 12/03/2012 at 06:00 PM ET AKM-GSI; Inset: GettyLooks like Rose McGowan is going to be having a little more fun these days.The actress debuted a new blonde ‘do while out in West Hollywood over the weekend,...
Fossil fuel subsidies in focus at climate talks
Label: HealthDOHA, 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...
Wall Street sours on weak domestic factory data
Label: BusinessNEW YORK (Reuters) - Stocks struggled to extend the previous week's gains, dropping on Monday as disappointing U.S. factory numbers dampened optimism about China's economic growth. The declines broke a three-day streak of gains for the S&P 500, keeping it shy of its 50-day moving average of about 1,420, a level that the index has been below since October 22, and now serving as a key...
Dec
02
A Spate of Rebranding for Spanish-Language Television
Label: WorldIt’s a race to be the best of the second best. On Monday, Univision, the dominant Spanish-language network in the United States, will announce a new name and look for its second-largest network, TeleFutura. The move is a direct shot at Telemundo, a rival for second place among domestic Spanish-speaking viewers. RTI ColombiaA scene from the new show “Quien Eres Tu” on Univision’s newly...
Governors Awards Brings Out the Oscar Hopefuls in Hollywood
Label: Lifestyle By Alison Schwartz 12/02/2012 at 05:20 PM EST Sure, the presidential election season may be long over, but the spirit of democracy is still in full-swing in Hollywood, where some familiar faces are campaigning for the industry version of a spot in the White House: a gold Oscar statuette.You'll have to wait until...
Asperger's dropped from revised diagnosis manual
Label: HealthCHICAGO (AP) — The now familiar term "Asperger's disorder" is being dropped. And abnormally bad and frequent temper tantrums will be given a scientific-sounding diagnosis called DMDD. But "dyslexia" and other learning disorders remain.The revisions come in the first major rewrite in nearly 20 years of the diagnostic guide used by the nation's psychiatrists. Changes were approved Saturday.Full details...
Cliff fight may knock out December rally
Label: BusinessNEW YORK (Reuters) - In normal times, next week's slew of U.S. economic data could be a springboard for a December rally in the stock market. December is historically a strong month for markets. The S&P 500 has risen 16 times in the past 20 years during the month. But the market hasn't been operating under normal circumstances since November 7 when a day after the U.S....
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