Wall Street Week Ahead: Holiday "on standby" as clock ticks on cliff

NEW YORK (Reuters) - The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff." Last-minute negotiations in Washington on the so-called fiscal cliff - nearly $600 billion of tax increases and spending cuts set to take effect in January that could cause a sharp slowdown...

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Syrians Face a Bread Shortage in Aleppo and Elsewhere

Tyler Hicks/The New York TimesA bakery in Aleppo. The price has shot up from 25 Syrian pounds, about 35 cents, for a bag of about eight flat, pitalike loaves to more than 200 pounds, nearly $3. GAZIANTEP, Turkey — Jalal al-Khanji, the closest thing the Syrian city of Aleppo has to a mayor, hopes to organize elections there within two weeks, but he fears that residents with empty stomachs are in no...

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App of the Week: Manilla

App Name: ManillaPrice: FreeAvailable Platforms: Apple’s iOS ( iPad, iPod Touch and iPhone), AndroidWhat does this app do? Manilla provides a secure way for you manage and organize your bills on your mobile device, tablet or desktop. This finance app, of which an updated version for the iPhone 5 was released this week, allows you to link to your accounts, set up reminders to pay your bills, and keep...

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Connecticut Shooting: Bodies Removed from School, Positively Identified

By Mike Fleeman 12/15/2012 at 10:25 AM EST Connecticut State Police Lt. J. Paul Vance Mary Altaffer/AP A horrific day turned to a night of unspeakable grief as parents received formal notifications that their children were killed in the Connecticut school massacre.The last of the dozens of...

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Fewer health care options for illegal immigrants

ALAMO, Texas (AP) — For years, Sonia Limas would drag her daughters to the emergency room whenever they fell sick. As an illegal immigrant, she had no health insurance, and the only place she knew to seek treatment was the hospital — the most expensive setting for those covering the cost.The family's options improved somewhat a decade ago with the expansion of community health clinics, which offered...

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Wall Street Week Ahead: Holiday "on standby" as clock ticks on cliff

NEW YORK (Reuters) - The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff." Last-minute negotiations in Washington on the so-called fiscal cliff - nearly $600 billion of tax increases and spending cuts set to take effect in January that could cause a sharp slowdown...

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Top Sichuan Official Removed in Corruption Inquiry

BEIJING — A high-ranking Communist Party leader who was the second most powerful official in China’s southwest Sichuan Province was removed from his posts on Thursday amid corruption allegations that may hint of a wider crackdown on graft. The case of Li Chuncheng, 56, who last month was named an alternate member of the party’s Central Committee, is the most significant of the flurry of vice-and-sex...

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Dozens Reported Dead in Connecticut Elementary School Shooting

Breaking News By Stephen M. Silverman UPDATED 12/14/2012 at 01:55 PM EST • Originally published 12/14/2012 at 01:00 PM EST State police personnel lead children from the Sandy Hook Elementary School Shannon Hicks/Newtown Bee/Reuters/Landov A...

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APNewsBreak: Texas cancer probe draws NCI scrutiny

AUSTIN, Texas (AP) — The National Cancer Institute confirmed Friday that federal officials are taking a closer look at a troubled $3 billion cancer-fighting effort in Texas that is under a criminal investigation over a lucrative taxpayer-funded grant awarded by the state agency.The Cancer Prevention and Research Institute of Texas has coveted status as an NCI-approved funding entity — an exclusive...

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Wall Street drops as Apple falls, "cliff" looms

NEW YORK (Reuters) - Stocks fell on Friday, with the Nasdaq weighed down by another drop in shares of Apple, and as the overhang of "fiscal cliff" negotiations kept buying to a premium. Apple slid 4 percent to $508.75 after UBS cut its price target on the stock to $700 from $780. The most valuable U.S. company has seen its stock hit hard in the last three months, and it fell on Friday...

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