Dec
25

Yen on defensive on U.S. fiscal worry, helps Nikkei

TOKYO (Reuters) - Uncertainty over whether U.S. lawmakers will strike a deal by an end-of-year deadline to avert a severe fiscal retrenchment undermined the yen and bolstered Japanese shares on Tuesday in low volume, with many participants away on Christmas holiday. The dollar rose to a 20-month high of 84.965 yen early on Tuesday in Asia, as Japanese markets caught up with global investors...
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Dec
24

In Aiding Quake-Battered Haiti, Lofty Hopes and Hard Truths

Damon Winter/The New York TimesVegetable vendors worked recently amid rubble in Port-au-Prince, three years after an earthquake devastated the city. More Photos »PORT-AU-PRINCE, Haiti — A few days after the Jan. 12, 2010, earthquake, Reginald Boulos opened the gates of his destroyed car dealership to some 14,000 displaced people who settled on the expansive property. Seven months later, eager to rebuild...
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British retailers start online sales early

LONDON (Reuters) – British retailers have brought forward their Christmas clearance sales online in the hope that shoppers will log on to buy bargains and offset lackluster spending in stores.Marks & Spencer launched its sale online at midday on Monday, it said on its website, while department store John Lewis said it would cut online prices when its stores close at 1700 GMT. Debenhams has already...
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Sarah Drew: Baby Micah Might Be a Musician

Mom & Babies Celebrity Baby Blog 12/21/2012 at 02:00 PM ET Michael Buckner/GettyShe may shine as an actress on television, but off screen, Sarah Drew is a singing sensation — at least around the holidays.“Every year we do caroling, we love music so we do a big Christmas caroling party,” the Grey’s...
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Predicting who's at risk for violence isn't easy

CHICAGO (AP) — It happened after Columbine, Virginia Tech, Aurora, Colo., and now Sandy Hook: People figure there surely were signs of impending violence. But experts say predicting who will be the next mass shooter is virtually impossible — partly because as commonplace as these calamities seem, they are relatively rare crimes.Still, a combination of risk factors in troubled kids or adults including...
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Start of "Santa Claus rally" dampened by "cliff' worries

NEW YORK (Reuters) - U.S. stocks edged lower on Monday as caution over the potential for volatility driven by worries about the U.S. "fiscal cliff" dampened enthusiasm at the start of a seasonally strong period for equities. Investors are betting Congress will reach a deal to avert most of the austerity measures due to come into force at the start of next year. That has led to the best...
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Dec
23

As Egypt Constitution Passes, New Fights Lie Ahead

Tara Todras-Whitehill for The New York TimesEgyptian women walk into a polling station. Millions went to the polls to pass judgment on an Islamist-backed constitution, whose passage represented an important milestone in Egypt’s chaotic two-year transition to democracy. More Photos »CAIRO — - Egyptians approved an Islamist-backed constitution, state news media said Sunday, and the headlines made clear...
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It's a Wonderful Life Was a Winter Wonderland - in July

By Stephen M. Silverman 12/23/2012 at 01:30 PM EST Jimmy Stewart, as Harry Bailey, on the set of It's a Wonderful Life, in 1946 Martha Holmes/Time & Life Pictures/Getty It's the sentimental family favorite that easily induces tears for its heartfelt final...
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Predicting who's at risk for violence isn't easy

CHICAGO (AP) — It happened after Columbine, Virginia Tech, Aurora, Colo., and now Sandy Hook: People figure there surely were signs of impending violence. But experts say predicting who will be the next mass shooter is virtually impossible — partly because as commonplace as these calamities seem, they are relatively rare crimes.Still, a combination of risk factors in troubled kids or adults including...
Read More..

Wall Street Week Ahead: A lump of coal for "Fiscal Cliff-mas"

NEW YORK (Reuters) - Wall Street traders are going to have to pack their tablets and work computers in their holiday luggage after all. A traditionally quiet week could become hellish for traders as politicians in Washington are likely to fall short of an agreement to deal with $600 billion in tax hikes and spending cuts due to kick in early next year. Many economists forecast that this...
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