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...
Nov
24
Wall Street Week Ahead: Political wrangling to pinch market's nerves
Label: Business
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Egypt's Mursi faces judicial revolt over decree
Label: WorldCAIRO (Reuters) - Egyptian President Mohamed Mursi faces a rebellion from judges who accused him on Saturday of expanding his powers at their expense, deepening a crisis that has triggered calls for more protests following a day of violence across Egypt. Judges in Alexandria, Egypt's second city, threatened to go on strike until it was revoked, and there were calls for the "downfall of...
6 ways to tweet yourself out of a job
Label: TechnologyHate your job? Want to leave without giving two weeks notice? Thanks to Twitter, it’s never been easier to get fired, says Rob Lammie at Mental FlossStep 1: Drunk tweetAs any Spring Break partier knows, drinking impairs your judgment. It seems to have also impaired the judgment of Major League pitcher-turned-sports-radio-host Mike Bacsik, who put on quite a show during a San Antonio Spurs and Dallas...
Larry Hagman Dies
Label: LifestyleLarry Hagman, best known for playing Dallas villain J.R. Ewing, died Friday morning from complications stemming from his recent battle with cancer.He was 81 years old.Video: Larry Hagman Talks 'Dallas', Cancer and Veganism
"Larry was back in his beloved Dallas, re-enacting the iconic role he loved most," the family said in a statement via The Dallas Morning News. "When he passed, he was surrounded...
Nov
23
Wall Street ends higher in short session, led by techs
Label: BusinessNEW YORK (Reuters) - Stocks rose for a fifth day during a holiday-shortened, thinly traded session on Friday as investors picked up recently beaten-down shares of large technology companies. Market participants were also encouraged by signs of progress in talks about releasing aid to debt-saddled Greece and piled into U.S. retail shares as Black Friday got the holiday shopping season...
Protests after "pharaoh" Mursi assumes powers in Egypt
Label: WorldCAIRO (Reuters) - Egyptian President Mohamed Mursi's decision to assume sweeping powers caused fury amongst his opponents and prompted violent clashes in central Cairo and other cities on Friday. Police fired tear gas near Cairo's Tahrir Square, heart of the 2011 uprising that toppled Hosni Mubarak, where thousands demanded Mursi quit and accused him of launching a "coup". There were...
Black Friday Fiscal Cliff Twitter Guide
Label: TechnologyWith the dirty dishes cleared and leftovers safely in the fridge, Americans across the country start looking ahead to the winter holidays the day after Thanksgiving.But for Congress, there’s a pretty big hurdle to handle before the House and Senate can abscond to presents and plum pudding. It’s called the fiscal cliff, and according to a recent Pew Research Poll , more Americans are paying attention...
Stars Pose for Ultimate Pin-up Calendar
Label: LifestyleThe Pirelli Calendar is one of the most exclusive calendars in publication, featuring well-known photographers and even more famous models, and we have behind-the-scenes footage from shoots for the upcoming issue.RELATED: Kate Moss Denies Drug & Anorexia ClaimsThe calendar -- famous for its limited availability -- has featured legendary models like Kate Moss and Naomi Campbell as well as Oscar-winning...
AP PHOTOS: Simple surgery heals blind Indonesians
Label: HealthPADANG SIDEMPUAN, Indonesia (AP) — They came from the remotest parts of Indonesia, taking crowded overnight ferries and riding for hours in cars or buses — all in the hope that a simple, and free, surgical procedure would restore their eyesight.Many patients were elderly and needed help to reach two hospitals in Sumatra where mass eye camps were held earlier this month by Nepalese surgeon Dr. Sanduk...
Nov
22
Global shares gain as global economic outlook improves
Label: BusinessLONDON (Reuters) - World share markets extended a week-long rally on Thursday as manufacturing surveys in China and the United States boosted confidence in global growth and euro zone data at least did not worsen the already weak outlook for that region. The euro hit a three high against the dollar on optimism that a funding deal for debt-crippled Greece will ultimately be agreed - and...
Gaza ceasefire holds but mistrust runs deep
Label: WorldGAZA/JERUSALEM (Reuters) - A ceasefire between Israel and Hamas held firm on Thursday with scenes of joy among the ruins in Gaza over what Palestinians hailed as a victory, and both sides saying their fingers were still on the trigger. In the sudden calm, Palestinians who had been under Israeli bombs for eight days poured into Gaza streets for a celebratory rally, walking past wrecked...
Amazon Kindle Fire HD 8.9 is Good, But No iPad Killer [REVIEW]
Label: Technology
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,...
Dwayne Johnson Battles Ruthless Cartel in 'Snitch'
Label: LifestyleDwayne Johnson takes on a ruthless drug cartel in the gritty action-thriller Snitch, and we have a first look at the hard-driving trailer!Video: Women Go Crazy for Dwayne Johnson's 'Pec Pop'Based on a true story, Snitch finds Johnson as a concerned father faced with a dramatic choice after his teenage son is wrongly accused of a drug distribution crime. With his boy facing a minimum prison sentence...
Study finds mammograms lead to unneeded treatment
Label: HealthMammograms have done surprisingly little to catch deadly breast cancers before they spread, a big U.S. study finds. At the same time, more than a million women have been treated for cancers that never would have threatened their lives, researchers estimate.Up to one-third of breast cancers, or 50,000 to 70,000 cases a year, don't need treatment, the study suggests.It's the most detailed look yet at...
Nov
21
Wall Street rises after Gaza truce in thin holiday trade
Label: BusinessNEW YORK (Reuters) - Stocks advanced on Wednesday after a ceasefire was declared to end the flare-up in violence between Israel and the Palestinians, though the lack of a deal to release aid to Greece kept a lid on gains. Investors also remained anxious about the tax increases and spending cuts that are poised to come into effect in the new year - known as the "fiscal cliff" - though...
Hamas and Israel agree to ceasefire
Label: WorldCAIRO/GAZA (Reuters) - Israel and the Islamist Hamas movement agreed on Wednesday to an Egyptian-sponsored ceasefire to halt an eight-day conflict around the Gaza Strip that has killed more than 140 Palestinians and five Israelis. Announcing the ceasefire in Cairo, Egyptian Foreign Minister Mohamed Kamel Amr said it would come into force at 9 p.m. (15:00 EDT) - which would give 1.7 million...
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