Wall Street sinks as "fiscal cliff" fears escalate

NEW YORK (Reuters) - U.S. stocks slid on Friday after a Republican plan to avoid the "fiscal cliff" failed to gain support on Thursday night, shrinking hopes that a deal would be reached before the new year. Trading was volatile as investors lost confidence in the prospect of a deal between the White House and Republicans. Lower volume ahead of the Christmas and New Year's holidays exaggerated...

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Obama Nominates Kerry for Secretary of State

WASHINGTON — President Obama nominated Senator John Kerry of Massachusetts as secretary of state, choosing an elder of the Democratic Party’s foreign policy establishment and a crucial political ally in the Senate to succeed Hillary Rodham Clinton. “In a sense, John’s entire life has prepared him for this role,” Mr. Obama said, making the widely expected announcement at the White House. “He’s...

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RIM shares dive as fee changes catch market off guard

(Reuters) – Shares of BlackBerry maker Research In Motion Ltd dropped 20 percent on Friday on fears that a new fee structure for its high-margin services segment could put pressure on the business that has set the company apart from its competitors.The shares were still more than 80 percent above the year’s low, which was hit in September. They started to rally in November as investors began to bet...

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Zoë Saldana's Early Christmas Gift: A New Rescue Dog!

People Pets By Amy Jamieson 12/21/2012 at 02:30 PM EST Zoe Saldana and her new dog Mugsy Courtesy Zoe Saldana. Inset: Tony DiMaio/startraks Christmas has come a few days early for Zoë Saldana.The actress has received a gift in the form of a little white rescue...

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AP IMPACT: Steroids loom in major-college football

WASHINGTON (AP) — With steroids easy to buy, testing weak and punishments inconsistent, college football players are packing on significant weight — 30 pounds or more in a single year, sometimes — without drawing much attention from their schools or the NCAA in a sport that earns tens of billions of dollars for teams.Rules vary so widely that, on any given game day, a team with a strict no-steroid...

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Wall Street advances on 'fiscal cliff' talks

NEW YORK (Reuters) - U.S. stocks edged up in a thinly traded session on Thursday after Republican House Speaker John Boehner pledged to keep working on a solution to the "fiscal cliff" while still criticizing President Barack Obama's approach to budget talks. NYSE Euronext was the day's biggest gainer, surging 33.5 percent to $32.12 as the S&P 500's top percentage gainer, after IntercontinentalExchange...

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At Benghazi Hearing, State Dept. Concedes Errors

WASHINGTON — State Department officials promised on Thursday to carry out quickly the recommendations of a review board to beef up security for the foreign service and urged Congress to provide more money to protect American diplomats. Brendan Hoffman for The New York TimesSenator John Kerry, center, the chair of the Senate Foreign Relations Committee, opened a hearing Thursday on the...

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Acer will beat Google to market with its own $99 tablet

Title Post: Acer will beat Google to market with its own $99 tabletRating: 100%based on 99998 ratings.5 user reviews.Author: Fluser SeoLinkThanks for visiting the blog, If any criticism and suggestions please leave a comm...

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The Best Viral Videos of 2012

By Cara Lynn Shultz 12/20/2012 at 02:05 PM EST Everybody danced like a galloping horse, thanks to "Gangnam Style."Everyone sang "Call Me Maybe" – even Barack Obama. (Well, sort of.) And everyone wondered why Zooey Deschanel asked, "Siri, is that rain?" when she was standing by a window in an iPhone commercial. These...

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Experts: Kids are resilient in coping with trauma

WASHINGTON (AP) — They might not want to talk about the gunshots or the screams. But their toys might start getting into imaginary shootouts.Last week's school shooting in Connecticut raises the question: What will be the psychological fallout for the children who survived?For people of any age, regaining a sense of security after surviving violence can take a long time. They're at risk for lingering...

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