NEW YORK (Reuters) - The Dow and S&P 500 were nearly flat on Monday as a four-week rally stalled, while a rebound in Apple shares helped buoy the Nasdaq. Caterpillar shares helped cap losses in the Dow industrials even as the company posted a 55 percent drop in quarterly profit due to a charge connected with accounting fraud at a Chinese subsidiary and weak demand among its dealers....
Violence flares in Egypt after emergency law imposed
Label: WorldCAIRO (Reuters) - A man was shot dead on Monday in a fifth day of violence that has killed 50 Egyptians and prompted the Islamist president to declare a state of emergency in an attempt to end a wave of unrest sweeping the biggest Arab nation. Emergency rule announced by President Mohamed Mursi on Sunday covers the cities of Port Said, Ismailia and Suez. The army has already been deployed...
Crucial, long-overdue BlackBerry makeover arrives
Label: TechnologyTORONTO (AP) — The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company.Thorsten Heins, chief executive of Research In Motion Ltd., will reveal the first phone with the new BlackBerry 10 system in New York on...
Jan
27
Adam Levine & Friends Have 'Laid Back' Lunch in N.Y.C.
Label: Lifestyle Caught in the Act 01/27/2013 at 03:30 PM EST Before Adam Levine proved he was hilarious when he hosted Saturday Night Live, he kept his friends in stitches in New York on Monday.Levine was spotted at The Mercer Kitchen around 2 p.m., an onlooker tells PEOPLE.
"He looked really laid back and seemed to be in a...
CDC: Flu seems to level off except in the West
Label: HealthNew government figures show that flu cases seem to be leveling off nationwide. Flu activity is declining in most regions although still rising in the West.The Centers for Disease Control and Prevention says hospitalizations and deaths spiked again last week, especially among the elderly. The CDC says quick treatment with antiviral medicines is important, in particular for the very...
Fed waits for job market to perk up
Label: BusinessLONDON (Reuters) - The Federal Reserve's ultra-loose monetary policy is a root cause of the "currency wars" that some see as a looming threat to the world economy, but don't expect the U.S. central bank to signal a shift back to normal any time soon. The Fed, whose policy-setting Federal Open Market Committee concludes a two-day meeting on Wednesday, said just last month that it expects...
Nightclub fire kills at least 232 in Brazil
Label: WorldSANTA MARIA, Brazil (Reuters) - A nightclub fire killed at least 232 people in southern Brazil early on Sunday when a band's pyrotechnics show set the building ablaze and fleeing partygoers stampeded toward blocked and overcrowded exits in the ensuing panic, officials said. The blaze in the university town of Santa Maria was started by a band member or someone from its production team...
Smartphone pioneer RIM looks to put recent hardships behind it with BB10
Label: TechnologyTORONTO, Cananda – Once a leader but now derided as a laggard, BlackBerry-maker Research In Motion hopes to regain the confidence of cynical smartphone users this week as the curtain is lifted on its much-anticipated new smartphones.The stakes are high for the unveiling, which many observers say will determine whether RIM survives to see the launch of another BlackBerry smartphone.It has been a steep...
Jan
26
Ashton Kutcher Parties in Sundance After jOBS Premiere
Label: Lifestyle Caught in the Act 01/26/2013 at 01:50 PM EST Ashton Kutcher's much-hyped movie jOBS premiered at the Sundance Film Festival on Friday, and the star was on hand – minus girlfriend Mila Kunis – for all the festivities. Kutcher was one of the first to arrive at the official after party, hosted by Nur Khan Presents...
CDC: Flu seems to level off except in the West
Label: HealthNew government figures show that flu cases seem to be leveling off nationwide. Flu activity is declining in most regions although still rising in the West.The Centers for Disease Control and Prevention says hospitalizations and deaths spiked again last week, especially among the elderly. The CDC says quick treatment with antiviral medicines is important, in particular for the very...
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