Nov
24

Germany rejects Swiss tax deal

23 November 2012 Last updated at 11:29 ETGermany’s upper house of parliament has rejected a deal with Switzerland to tax German assets held in Swiss bank accounts.The deal would have allowed Germans with undeclared assets in Switzerland to avoid punishment by making a one-off payment of between 21% and 41% of the value of their assets.The deal had been negotiated in April and was due to take effect...
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Egypt reformist warns of turmoil from Morsi decree

CAIRO (AP) — Prominent Egyptian democracy advocate Mohammed ElBaradei warned Saturday of increasing turmoil that could potentially lead to the military stepping in unless the Islamist president rescinds his new, near absolute powers, as the country’s long fragmented opposition sought to unite and rally new protests.Egypt‘s liberal and secular forces — long divided, weakened and uncertain amid the...
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HP says products may have been sold to Syria by others

(Reuters) – Hewlett Packard Co said in a letter made public on Friday that its products could have been delivered to Syria through resellers or distributors, but the world’s largest PC maker affirmed it did not sell directly to the country.The letter was a response to a request from the U.S. Securities and Exchange Commission‘s Office of Global Security Risk that asked whether HP’s products were sold...
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Vampires, 007 may set record Thanksgiving sales

LOS ANGELES (Reuters) – The teen vampire movie “Twilight Saga: Breaking Dawn – Part 2″ continued to lure huge audiences, siphoning off $ 12.8 million in Wednesday night showings in what could fuel a record box office haul for the five-day Thanksgiving Day holiday.The final film in the “Twilight” series, collected $ 141.3 million last weekend for the industry’s eighth largest opening weekend. On Wednesday...
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First Person: Unemployed, Disabled and Hungry for Work

Five million Americans are among the long-term unemployed–those without a job for 27 weeks or longer–according to the Bureau of Labor Statistics. Another 7.3 million are looking for work, while the unemployment rate sits at 7.9 percent. Numbers aside, individual stories illustrate how America is affected. To see how joblessness hits home, Yahoo News asked unemployed workers to share their job-hunting...
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Nov
23

Wall St Week Ahead: Political wrangling to pinch market’s nerves

NEW YORK (Reuters) – Volatility is the name of this game.With the S&P 500 above 1,400 following five days of gains, traders will be hard pressed not to cash in on the advance at the first sign of trouble during negotiations over tax hikes and spending cuts that resume next week in Washington.President Barack Obama and U.S. congressional leaders are expected to discuss ways to reduce the budget...
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Beijing’s S. China Sea rivals protest passport map

TAIPEI, Taiwan (AP) — China has enraged several neighbors with a few dashes on a map, printed in its newly revised passports that show it staking its claim on the entire South China Sea and even Taiwan.Inside the passports, an outline of China printed in the upper left corner includes Taiwan and the sea, hemmed in by the dashes. The change highlights China’s longstanding claim on the South China Sea...
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Nicole ‘Snooki’ Polizzi, Miley Cyrus Share Birthday Joy On Twitter

“Jersey Shore” star Nicole “Snooki” Polizzi was celebrating her 25th birthday on Black Friday, but it wasn’t the shops that provided her with her favorite present.The reality star and new mom Tweeted that her baby boy — Lorenzo, who was born in August — was the most rewarding gift of all.PLAY IT NOW: The Jersey Shore Cast Makes A Plea To Help ‘Restore The Shore’“My favorite birthday gift,” she Tweeted,...
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Marc Anthony comes to aid of Dominican orphanage

SANTO DOMINGO, Dominican Republic (AP) — Singer Marc Anthony is coming to the aid of an orphanage in the Dominican Republic.A foundation run by Anthony with music and sports producer Henry Cardenas plans to build a new residence hall, classrooms and a baseball field for the Children of Christ orphanage in the eastern city of La Romana. Anthony attended the groundbreaking ceremony Friday with his model...
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Laws don’t curb pricey prostate cancer treatments

NEW YORK (Reuters Health) – Laws meant to prevent the overuse of expensive healthcare services don’t stop doctors from using pricey prostate cancer treatments, according to two new studies.Researchers found doctors used robots and special radiation to treat prostate cancer regardless of whether their area had laws requiring government approval before money is spent on healthcare facilities and new...
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Nov
22

Serious About Free Markets? Prove It

On Friday the Republican Study Committee, a policy shop for congressional Republicans, published a memo on how to fix copyright law. By Saturday afternoon the group’s executive director had pulled the memo, which had evidently failed to approach the subject with “all facts and viewpoints in hand.” This is Washington’s way of saying that an interest group...
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Amazon Kindle Fire HD 8.9 is Good, But No iPad Killer [REVIEW]

Unboxing the Kindle Fire HD 8.9Click here to view this gallery.[More from Mashable: Apple Now Owns the iMessage Name] Amazon expands its tablet sights with the bigger, more powerful Kindle Fire HD 8.9. Can it compete against Apple‘s iPad?If there’s one company that deserves credit for reigniting the iPad competitor market,...
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Ex-’Price is Right’ model gets $8.5M in damages

LOS ANGELES (AP) — The producers of “The Price is Right” owe a former model on the show more than $ 7.7 million in punitive damages for discriminating against her after a pregnancy, a jury determined Wednesday.The judgment came one day after the panel determined the game show’s producers discriminated against Brandi Cochran. They awarded her nearly $...
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Do drunks have to go to the ER?

NEW YORK (Reuters Health) – With the help of a checklist, ambulance workers may be able to safely reroute drunk patients to detoxification centers instead of emergency rooms, according to a new study.Researchers in Colorado found no serious medical problems were reported after 138 people were sent to a detox center to sleep it off, instead of to an ER. In...
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Nov
21

More government action on mergers

21 November 2012 Last updated at 19:01 ETThe government plans to become more active in mergers and acquisitions involving UK companies. The decision is part of the government response to the Kay Review into how to discourage short-termism in markets.The government has decided it should “engage with companies and their...
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Ivory Coast: New prime minister named

ABIDJAN, Ivory Coast (AP) — President Alassane Ouattara has tapped Foreign Minister Daniel Kablan Duncan to serve as prime minister in a new government one week after the surprise dissolution of cabinet.The appointment of Duncan, a member of the PDCI party of former President Henri Konan Bedie, was announced at a press conference Wednesday by Amadou Gon...
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Some gifts fall into the love-it-later category

NEW YORK (AP) — Have you ever said “thank you” through clenched teeth? The gift in that nicely wrapped box was so not what you wanted: comfy clothes instead of designer duds, or a kitchen gadget instead of a shiny piece of jewelry.Sometimes, though, the best gifts are the ones you use, and, frankly, most of us probably wear hoodies more than haute couture. With...
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McCartney, Houston, Dylan lead Grammy Hall of Fame inductees

LOS ANGELES (Reuters) – Music by Paul McCartney, Bob Dylan, Elton John and late singers Whitney Houston and James Brown will be inducted into the 2013 Grammy Hall of Fame, The Recording Academy said on Wednesday.Paul McCartney & Wings‘ 1973 album “Band on the Run,” long credited with reigniting McCartney’s career following the Beatles’ split in 1970,...
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Longer waits for breast cancer patients on Medicare

NEW YORK (Reuters Health) – Women with a new diagnosis of breast cancer who are covered by Medicare are waiting longer and longer to get treatment, according to a new nationwide study.Researchers found that between 1992 and 2005, the average waiting time between being diagnosed and having surgery rose from 21 days to 32 days. The delay was especially long...
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Nov
20

HP’s Financial Mess Is Making Everyone Sorry

You know who’s probably having the best day ever? Try Mark Hurd, the guy who had to resign as chief executive of Hewlett-Packard (HPQ) in August 2010 under a cloud of HR shadiness.Due in large part to the incompetence of the management that replaced him, and the board that oversaw it all, shares of the venerable Silicon Valley pioneer have since fallen...
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AP Exclusive: Syrian rebels seize base, arms trove

BASE OF THE 46TH REGIMENT, Syria (AP) — After a nearly two-month siege, Syrian rebels overwhelmed a large military base in the north of the country and made off with tanks, armored vehicles and truckloads of munitions that rebel leaders say will give them a boost in the fight against President Bashar Assad‘s army.The rebel capture of the base of the Syrian...
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