Wall Street flat on lack of "fiscal cliff" progress

NEW YORK (Reuters) - Stocks fluctuated between small gains and losses on Tuesday after remarks by President Barack Obama on budget talks dented optimism a solution could be found to prevent the economy from falling into recession. Obama rejected a Republican proposal to resolve a looming fiscal crisis as "still out of balance" and said any deal must include a rise in income tax rates...

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U.S. Navy Denies Iranian Claim to Have Captured Drone

TEHRAN — Iran’s Revolutionary Guards Corps naval forces have captured an American drone that it said entered Iranian airspace over the Persian Gulf, state television reported on Tuesday. The claim was quickly denied by the United States Navy. Iranian state media said the aircraft was a ScanEagle built by Boeing, which, according to the company’s Web site, can be launched and operated from...

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China goes crazy for iPhone 5: Preorders hit 100,000 units in under 24 hours

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Anderson Cooper Is Temporarily Blinded

TV Watch By Julia Haskins 12/04/2012 at 02:30 PM EST Anderson Cooper can see once again after a temporary – and painful – bout of blindness.Cooper posted a picture of himself on Instagram Tuesday sporting a white gauze patch over his right eye. "Temporarily blinded last week while on assignment," he said. "UV...

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Fossil fuel subsidies in focus at climate talks

DOHA, Qatar (AP) — Hassan al-Kubaisi considers it a gift from above that drivers in oil- and gas-rich Qatar only have to pay $1 per gallon at the pump."Thank God that our country is an oil producer and the price of gasoline is one of the lowest," al-Kubaisi said, filling up his Toyota Land Cruiser at a gas station in Doha. "God has given us a blessing."To those looking for a global response to climate...

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Wall Street slips after weak factory data

NEW YORK (Reuters) - Stocks fell on Monday, with the S&P 500 and Nasdaq erasing early gains as disappointing U.S. factory numbers curbed optimism spurred by positive data on China's economy. Manufacturing in the United States surprisingly contracted in November, according to the Institute for Supply Management, dropping to its lowest level in more than three years. Economic data has...

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Clinton Warns Syria Against Using Chemical Weapons

WASHINGTON — The Obama administration said Monday that it is worried that Syria’s embattled government may be preparing to use chemical weapons against the opposition and warned that doing so “would cross a red line for the United States” and prompt American action. The White House said that some recent actions by the government of President Bashar al-Assad were indicators that such weapons...

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Obama Is Taking Himself and #My2K to Twitter This Afternoon

What a day for Twitter! First the Pope, then the Royal Baby, and now President Obama will come online to answer questions about the fiscal cliff. A @WhiteHouse tweet with the distincitive “-bo” signature, announced not long ago that the big guy himself will be taking questions online, starting at 2:00 p.m. ET.Good to see lots of folks on twitter speaking out on extending middle class tax cuts. I’ll...

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Congressman Joseph Kennedy III Marries Lauren Birchfield

12/03/2012 at 02:15 PM EST Joseph Kennedy III and Lauren Anne Birchfield Victor Sizemore Photography Happy news for the Kennedy family: Congressman-elect Joe Kennedy III is a married man.The newly-elected politician wed fiancée Lauren Birchfield on Saturday at...

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Asperger's dropped from revised diagnosis manual

CHICAGO (AP) — The now familiar term "Asperger's disorder" is being dropped. And abnormally bad and frequent temper tantrums will be given a scientific-sounding diagnosis called DMDD. But "dyslexia" and other learning disorders remain.The revisions come in the first major rewrite in nearly 20 years of the diagnostic guide used by the nation's psychiatrists. Changes were approved Saturday.Full details...

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