NEW YORK (Reuters) - Stocks edged higher on Wednesday as IBM and other tech companies continued a trend of results that beat Wall Street's expectations and propelled the market to a five-day advance. Internet search company Google Inc added to the advance, rising 5.1 percent to $738.65 a day after Google reported its core business outpaced expectations. Revenue was also higher than expected....
The Lede Blog: Clinton Testifies on Benghazi Attacks
Label: WorldThe Lede followed Secretary of State Hillary Rodham Clinton’s testimony Wednesday before the Senate Foreign Relations Committee about the Sept. 11, 2012, attacks on the American Consulate in the eastern city of Benghazi, Libya, that killed Ambassador Chris Stevens and three other Americans.Mrs. Clinton had been scheduled to testify before Congress last month, but an illness, a concussion and a blood...
Google Earnings Reveal Beginnings of a Facebook Problem on Search Revenue
Label: TechnologyGoogle beat Wall Street expectations with its fourth-quarter revenues of $ 14.42 billion, but the value of its ads continue to decline, an especially tricky problem with the company’s new search competition from Facebook. Google’s average cost-per-click decreased 6 percent from one year ago, meaning each ad it runs on its biggest business has less value than it did a year ago, continuing a fairly...
See Bachelor Alum Helene Eksterowicz's Engagement Ring!
Label: Lifestyle Stylewatch Style News Now 01/23/2013 at 11:00 AM ET Courtesy Helene EksterowiczShe may not have found true love during her time on The Bachelor in 2002, but Helene Eksterowicz certainly has now.The winner of the second season of...
Beverage attorney: NYC drinks limit bad for public
Label: HealthNEW YORK (AP) — New York City's limit on the size of sugary drinks is an "extraordinary infringement" on consumer choice, a lawyer for the American Beverage Association and other critics said in court on Wednesday."New Yorkers do not want to be told what to drink," attorney James Brandt told Manhattan state Supreme Court Justice Milton Tingling.Opponents also are raising questions of racial fairness...
Jan
22
Wall Street flat near five-year highs, Travelers rallies
Label: BusinessNEW YORK (Reuters) - U.S. stocks were little changed near five-year highs on Tuesday as investors held back from making large bets ahead of earnings from key tech companies. Both the Dow and S&P 500 closed at their highest levels so far in this earnings season, with the gains largely coming on better-than-expected results. But despite bullish statements from major companies, many...
The Lede Blog: Prince Harry Compares War to PlayStation and Taliban Is Not Amused
Label: WorldA Taliban spokesman said on Tuesday that Prince Harry must have “mental problems,” following the broadcast of remarks by the royal in which he said that killing militants from an Apache helicopter was similar to playing video games.As soon as Britain’s ministry of defense announced on Monday that Prince Harry had left Afghanistan, ending his four-month deployment there, the British news media rushed...
Canada wants RIM organic growth, may have to review handset sale
Label: TechnologyOTTAWA (Reuters) – The Canadian government wants BlackBerry maker Research in Motion to continue to be a global leader and grow organically, and Ottawa may have to review a future sale of its handset business, Industry Minister Christian Paradis said on Tuesday.“We hope to see RIM remain a global leader and player, and make sure it grows organically,” Paradis told Reuters by phone from Germany, where...
Kelly Clarkson & Fiancé Brandon Blackstock Attend Inaugural Ball
Label: Lifestyle By Maggie Coughlan 01/22/2013 at 11:35 AM EST Kelly Clarkson and Brandon Blackstock Courtesy Kelly Clarkson After helping President Barack Obama begin his second term with a powerful rendition of "My Country, 'Tis of Thee," Kelly Clarkson celebrated in style.The...
Flu season fuels debate over paid sick time laws
Label: HealthNEW YORK (AP) — Sniffling, groggy and afraid she had caught the flu, Diana Zavala dragged herself in to work anyway for a day she felt she couldn't afford to miss.A school speech therapist who works as an independent contractor, she doesn't have paid sick days. So the mother of two reported to work and hoped for the best — and was aching, shivering and coughing by the end of the day. She stayed home...
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