NEW YORK (Reuters) - Stocks were modestly higher on Monday, helped by stronger-than-expected sales from McDonald's, but gains were constrained as investors awaited any sign of progress in talks to avert the so-called fiscal cliff. Developments in Europe also tempered sentiment after Italian Prime Minister Mario Monti said he would resign once the 2013 budget is approved. The move added...
U.S. Forecast as No. 2 Economy, but Energy Independent
Label: WorldWASHINGTON — A new intelligence assessment of global trends projects that China will outstrip the United States as the leading economic power before 2030, but that America will remain an indispensable world leader, bolstered in part by an era of energy independence. Russia’s clout will wane, as will the economic strength of other countries reliant on oil for revenues, the assessment says....
Hug It Out: Public Charter and District Schools Given $25 Million to Get Along
Label: TechnologyIf you need a loan, ask Bill and Melinda Gates. Or better yet, ask one of the seven cities that are splitting a new $ 25 million grant courtesy of the couple’s philanthropic foundation.The funds are going to promote cross collaboration between charter and district schools, which have previously operated in a strict and contentious independence from one another.The foundation announced the award this...
Shannen Doherty Helps Police Thwart a Fan's Threatened Suicide
Label: Lifestyle By Andrea Billups 12/10/2012 at 11:35 AM EST Shannen Doherty recently called 911 to help save a Twitter follower who was sending messages about wanting to commit suicide. The former Beverly Hills 90210 star, 41, who was in California, was so concerned by the message from a distraught fan who'd aggressively...
Smokers celebrate as Wash. legalizes marijuana
Label: HealthSEATTLE (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...
Dec
09
Wall Street Week Ahead: "Cliff" worries may drive tax selling
Label: BusinessNEW 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...
Changes to Agriculture Highlight Cuba’s Problems
Label: WorldHAVANA — Cuba’s liveliest experiment with capitalism unfolds every night in a dirt lot on the edge of the capital, where Truman-era trucks lugging fresh produce meet up with hundreds of buyers on creaking bicycle carts clutching wads of cash. “This place, it feeds all of Havana,” said Misael Toledo, 37, who owns three small food stores in the city. “Before, you could only buy or sell in the...
MiFi With Touchscreen is a Road Warrior’s Dream
Label: TechnologyMeet the Novatel MiFi Liberate: the first mobile access point with a touchscreen, letting you configure it without connecting it to a computer.If you’re not familiar with mobile access points, these handy gadgets allow you to hook up to the Internet via cellular networks. It’s useful, often essential, if you’re in an area that has no Wi-Fi. If you’re in range of a cellular tower, this MiFi Liberate...
Zero Dark Thirty Review: Jessica Chastain Has Shot at Oscar
Label: Lifestyle By Alynda Wheat 12/09/2012 at 11:35 AM EST Jessica Chastain in Zero Dark Thirty Sony Success, as they say, has many fathers. In the killing of Osama bin Laden, proud papas from President Obama to SEAL Team 6 earned kudos aplenty – and justifiably...
Smokers celebrate as Wash. legalizes marijuana
Label: HealthSEATTLE (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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