Wall Street Week Ahead: Holiday "on standby" as clock ticks on cliff

NEW YORK (Reuters) - The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff." Last-minute negotiations in Washington on the so-called fiscal cliff - nearly $600 billion of tax increases and spending cuts set to take effect in January that could cause a sharp slowdown...

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In Brazil, Caves Would Be Lost in Mining Project

Lalo de Almeida for The New York TimesA speleologist from Vale, the Brazilian mining giant, in October at a cave in the Carajás Mountains, where it plans to expand an iron-ore mining complex. CARAJÁS NATIONAL FOREST, Brazil — Archaeologists must climb tiers of orchid-encrusted rain forest, where jaguars roam and anacondas slither, to arrive at one of the Amazon’s most stunning sights: a series of...

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RIM shows how BlackBerry 10 touch screen keys could rival even its traditional keyboards [video]

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Donald Faison Marries Cacee Cobb

By Lesley Messer 12/15/2012 at 08:25 PM EST Cacee Cobb and Donald Faison Dr. Billy Ingram/WireImage It's official! After six years together, Donald Faison and Cacee Cobb were married Saturday night at the Los Angeles home of his Scrubs costar Zach Braff. Cobb's...

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Fewer health care options for illegal immigrants

ALAMO, Texas (AP) — For years, Sonia Limas would drag her daughters to the emergency room whenever they fell sick. As an illegal immigrant, she had no health insurance, and the only place she knew to seek treatment was the hospital — the most expensive setting for those covering the cost.The family's options improved somewhat a decade ago with the expansion of community health clinics, which offered...

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Wall St Week Ahead: Holiday "on standby" as clock ticks on cliff

NEW YORK (Reuters) - The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff." Last-minute negotiations in Washington on the so-called fiscal cliff - nearly $600 billion of tax increases and spending cuts set to take effect in January that could cause a sharp slowdown...

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Changing of the Guard: Chinese Opposition to Labor Camps Widens

BEIJING — It is hard to say exactly which “subversive” sentiments drew the police to Ren Jianyu, who posted them on his microblog last year, although “down with dictatorship” and “long live democracy” stand out. In the end, Mr. Ren, 25, a college graduate from Chongqing, the southwestern metropolis, was sent without trial to a work camp based on the T-shirt that investigators found in his...

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Microsoft, Motorola file to keep patent case details private

SEATTLE (Reuters) – Microsoft Corp and Google Inc‘s Motorola Mobility unit have requested a federal judge in Seattle to keep secret from the public various details from their recent trial concerning the value of technology patents and the two companies’ attempts at a settlement.Microsoft and Motorola, acquired by Google earlier this year, are preparing post-trial briefs to present to a judge as he...

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Gunman's Father and Brother Are 'in Shock,' Says a Source

By Diane Herbst 12/14/2012 at 08:50 PM EST State police personnel lead children to safety away from the Sandy Hook Elementary School Shannon Hicks/Newtown Bee/Reuters/Landov The father and older brother of the gunman who was blamed for the Connecticut school shooting are being questioned by...

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Fewer health care options for illegal immigrants

ALAMO, Texas (AP) — For years, Sonia Limas would drag her daughters to the emergency room whenever they fell sick. As an illegal immigrant, she had no health insurance, and the only place she knew to seek treatment was the hospital — the most expensive setting for those covering the cost.The family's options improved somewhat a decade ago with the expansion of community health clinics, which offered...

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AMR pilots union meets company CEO, still backs USAir merger: spokesman

(Reuters) - American Airlines' pilots union still supports a merger with US Airways Group, a union spokesman said on Thursday, unmoved by a pitch from AMR Chief Executive Tom Horton that the company should exit Chapter 11 as an independent carrier. Next week, US Airways CEO Doug Parker is expected to meet with the board of the Allied Pilots Association, spokesman Dennis Tajer said. ...

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U.S. to Send 2 Missiles Batteries to Turkey to Deter Syria

WASHINGTON — The United States plans to send two Patriot missile batteries and about 400 military personnel to Turkey to defend against a possible Syrian missile attack, two allied officials said Thursday. The American batteries will be part of a broader push to beef up Turkey’s defenses that will also include the deployment of four other Patriot batteries — two from Germany and two from...

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Facebook, Google tell the government to stop granting patents for abstract ideas

Facebook (FB), Google (GOOG) and six other tech companies have petitioned the courts to begin rejecting lawsuits that are based on patents for vague concepts rather than specific applications, TechCrunch reported. The agreement, which was cosigned by Zynga (ZNGA), Dell (DELL), Intuit (INTU), Homeaway (AWAY), Rackspace (RAX), and Red Hat (RHT), notes the only thing these abstract patents do is increase...

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The X Factor Reveals Season 2 Finalists

TV Watch The X Factor 12/13/2012 at 09:10 PM EST Carly Rose Sonenclar, Emblem3, Tate Stevens and Fifth Harmony Ray Mickshaw/FOX (4) Sparks will fly at the finale! On Thursday, The X Factor revealed its top three acts, who will perform next week in the final night...

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Study: People worldwide living longer, but sicker

LONDON (AP) — Nearly everywhere around the world, people are living longer and fewer children are dying. But increasingly, people are grappling with the diseases and disabilities of modern life, according to the most expansive global look so far at life expectancy and the biggest health threats.The last comprehensive study was in 1990 and the top health problem then was the death of children under...

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Asian shares rise, yen falls after Fed's stimulus steps

TOKYO (Reuters) - Asian shares extended gains for a seventh day on Thursday, after the U.S. Federal Reserve took new stimulus steps to bolster the economy, pressuring the yen with expectations the Japanese central bank will follow suit with more easing next week. While stocks gained, oil and gold fell from post-Fed rallies, as investors took profits ahead of the year-end. ...

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Another Editor Steps Down in News Corp. Shake-Up

News Corporation’s British newspaper unit, embroiled in the aftermath of a phone hacking scandal, lost another high-ranking executive on Wednesday when the editor of The Times of London announced he would step down. The executive, James Harding, considered by many a golden boy of British journalism, said he would depart his post at The Times amid pressure from News Corporation’s senior leadership....

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New Flickr iPhone app to compete with Instagram and Twitter with 16 filters

Hot on the heels of its email redesign, Yahoo (YHOO) announced on Wednesday that it has completely redesigned the Flickr iPhone app. The new app borrows heavily from Instagram and focuses on what makes Flickr special: photos and communities. Yahoo’s new Flickr app also includes 16 filters with their own fancy names to go head-on with Instagram and Twitter’s recently updated app that...

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Tevin Hunte Is 'So Happy' After His Voice Elimination

TV Watch The Voice By Jessica Herndon and Julia Haskins 12/12/2012 at 07:45 PM EST Team Cee Lo's Trevin Hunte was eliminated on Tuesday's episode of The Voice, but the soulful singer isn't letting the end of this journey hold him back. "I feel like the best person on the planet Earth. I am so happy and excited...

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Congress examines science behind HGH test for NFL

WASHINGTON (AP) — A congressional committee has opened a hearing to examine the science behind a human growth hormone test the NFL wants to start using on its players.Nearly two full seasons have passed since the league and the players' union signed a labor deal that set the stage for HGH testing.The NFL Players Association won't concede the validity of a test that's used by Olympic sports and Major...

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HSBC became bank to drug cartels, pays big for lapses

(Reuters) - In February 2008, Mexican authorities told the CEO of HSBC Holdings Plc's Mexico unit that a local drug lord referred to the bank as the "place to launder money," U.S. prosecutors said on Tuesday, as they announced a record $1.92 billion settlement with the British bank. Lax money laundering controls at HSBC allowed two cartels - one each in Mexico and Colombia - to move $881...

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Bahrain Court Upholds Activist’s Conviction

CAIRO — A court in Bahrain on Tuesday mainly upheld the conviction and prison sentence of a prominent human rights activist in a case that exposed the government to international criticism and was seen as a crucial test of the monarchy’s repeated pledges to allow greater political freedom. The activist, Nabeel Rajab, was sentenced in August to three years in prison on charges of inciting...

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Facebook helps FBI bust cybercriminals blamed for $850 million losses

SAN FRANCISCO (Reuters) – Investigators led by the Federal Bureau of Investigation and aided by Facebook Inc, have busted an international criminal ring that infected 11 million computers around the world and caused more than $ 850 million in total losses in one of the largest cybercrime hauls in history.The FBI, working in concert with the world’s largest social network and several international...

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Hugh Hefner's Engagement Ring to Crystal Harris Revealed

By Mike Fleeman 12/11/2012 at 07:00 PM EST The wedding's back on – though it may be a good idea to save that gift receipt. Hugh Hefner, 86, officially confirms that he is once again engaged to Crystal Harris, 26, telling his Twitter followers, "I've given Crystal Harris a ring. I love the girl." And to prove...

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DA investigating Texas' troubled $3B cancer agency

AUSTIN, Texas (AP) — Turmoil surrounding an unprecedented $3 billion cancer-fighting effort in Texas worsened Tuesday when its executive director offered his resignation and the state's chief public corruption prosecutor announced an investigation into the beleaguered agency.No specific criminal allegations are driving the latest probe into the Cancer Prevention and Research Institute of Texas, said...

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Lawyer says Goldman failed speech software "geniuses"

BOSTON (Reuters) - Goldman Sachs bankers failed to raise red flags about Lernout & Hauspie's accounting irregularities more than a decade ago, costing speech recognition software pioneers at Dragon Systems nearly all of their life's work and about $600 million, a lawyer told a jury on Monday in federal court. "They were relying on Goldman to take care of them and whether or not they...

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