Wall Street slips as earnings season gets under way

NEW YORK (Reuters) - Stocks fell on Tuesday, retreating from last week's rally on the "fiscal cliff" deal in Washington, as companies started to report results for the fourth quarter. After a 4.3 percent jump in the two sessions around the close of the fiscal cliff negotiations, the S&P has declined a bit, with investors finding few catalysts to extend the rally that took the benchmark...

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Official to Leave Panel Overseeing Delayed Berlin Airport

BERLIN — The seemingly endless series of delays and debacles entangling the new Berlin airport claimed its first political victim on Monday, after the project’s planned opening was pushed back yet again. The mayor of Berlin, Klaus Wowereit, who helped build the city’s reputation as an affordable, bohemian metropolis, told reporters that he would quit as head of the board overseeing construction...

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Year-end Wii U sales steady, says Nintendo chief

KYOTO (Reuters) – Nintendo Co Ltd‘s year-end sales of its Wii U games console were steady, though not as strong as when its Wii predecessor was first launched, the Japanese game maker’s top executive told Reuters on Monday.The company, which grew from making playing cards in the late 19th century into the blockbuster Super Mario video game series, is pinning its hopes on the Wii U after posting a...

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Baby on the Way for Jensen Ackles

Mom & Babies Celebrity Baby Blog 01/07/2013 at 06:15 PM ET Mike Coppola/GettyHe’s hunted down demons, gone after ghosts and come face to face with ferocious monsters, but Jensen Ackles is diving into a whole new dimension: daddy duty.The Supernatural star, 34, and his wife Danneel are...

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Organ donations fall in Germany after scandal

BERLIN (AP) — Organ donations have dropped sharply in Germany following a scandal over alleged corruption at several transplant clinics.The German Foundation for Organ Transplantation says the number of organs donated fell almost 13 percent to 3,917 last year, the lowest figure in a decade.Several German clinics are being investigated over allegations that doctors manipulated waiting lists to help...

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Wall Street edges off five-year high, awaits earnings

NEW YORK (Reuters) - Stocks lost ground on Monday, as investors drew back from recent gains that lifted the S&P 500 to a five-year high, in anticipation of sluggish growth in corporate profits. Shares of financial companies dipped after a group of major U.S. banks agreed to pay a total of $8.5 billion to end a government inquiry into faulty mortgage foreclosures. The KBW bank index...

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Pakistani Soldier Killed in Shooting in Kashmir

Mukesh Gupta/ReutersKashmir remains a point of confrontation between India and Pakistan. ISLAMABAD, Pakistan — Pakistani and Indian troops exchanged gunfire across the disputed Kashmir border early Sunday, leaving one Pakistani soldier dead in a relatively rare fatal confrontation between the two neighbors. As usual, the rival armies, which have been engaged in a face-off in Kashmir for decades,...

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Handset makers scurry to join Year of the Phablet

SINGAPORE/HONG KONG (Reuters) – Call it phablet, phonelet, tweener or super smartphone, but the clunky mobile phone – closer in size to a tablet than the smartphone of a couple of years back – is here to stay.A surprise hit of 2012, it is drawing in more users, more handset makers and is shaping the way we consume content.“We expect 2013 to be the year of the phablet,” said Neil Mawston, UK-based...

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Jordana Brewster Is 'Enamored' with the Idea of Having Twins

01/06/2013 at 05:00 PM EST Jordana Brewster has babies on the brain – yes, you read that right: plural.The Dallas star, 32, who has been married to movie producer Andrew Form since 2007, tells Latina she "definitely" wants two kids and is "enamored" by the idea of having twins. "My dad was a twin, so it runs...

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"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...

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