NEW YORK (Reuters) - The Dow and Nasdaq edged higher on Wednesday, lifted by IBM and Google whose stronger-than-expected profits helped to soothe investors' concerns about the tech sector. IBM's and Google's earnings, released after Tuesday's close, were the latest reassuring fourth-quarter results that pushed the Dow and S&P 500 to five-year highs as worries about the "fiscal cliff"...
Cameron promises Britons straight choice on EU exit
Label: WorldLONDON (Reuters) - Prime Minister David Cameron promised on Wednesday to give Britons a referendum choice on whether to stay in the European Union or leave if he wins an election in 2015, placing a question mark over Britain's membership for years. Cameron ended months of speculation by announcing in a speech the plan for a vote sometime between 2015 and the end of 2017, shrugging off...
Google Earnings Reveal Beginnings of a Facebook Problem on Search Revenue
Label: TechnologyGoogle beat Wall Street expectations with its fourth-quarter revenues of $ 14.42 billion, but the value of its ads continue to decline, an especially tricky problem with the company’s new search competition from Facebook. Google’s average cost-per-click decreased 6 percent from one year ago, meaning each ad it runs on its biggest business has less value than it did a year ago, continuing a fairly...
See Bachelor Alum Helene Eksterowicz's Engagement Ring!
Label: Lifestyle Stylewatch Style News Now 01/23/2013 at 11:00 AM ET Courtesy Helene EksterowiczShe may not have found true love during her time on The Bachelor in 2002, but Helene Eksterowicz certainly has now.The winner of the second season of...
Beverage attorney: NYC drinks limit bad for public
Label: HealthNEW YORK (AP) — New York City's limit on the size of sugary drinks is an "extraordinary infringement" on consumer choice, a lawyer for the American Beverage Association and other critics said in court on Wednesday."New Yorkers do not want to be told what to drink," attorney James Brandt told Manhattan state Supreme Court Justice Milton Tingling.Opponents also are raising questions of racial fairness...
Jan
22
Dow, S&P 500 edge higher as earnings eyed
Label: BusinessNEW YORK (Reuters) - Stocks mostly edged up on Tuesday after ending last week at five-year highs, but gains were limited with investors showing caution as the earnings season picks up speed. Both the Dow and the Standard & Poor's 500 closed at five-year highs on Friday, boosted by better-than-expected results in the early part of the earnings season. Although major companies have...
Israel goes to polls, set to re-elect Netanyahu
Label: WorldJERUSALEM (Reuters) - Israelis voted on Tuesday in an election that is expected to hand hawkish Prime Minister Benjamin Netanyahu a third term, opening the way for a showdown with Iran and bolstering opponents of Palestinian statehood. However, Netanyahu's own Likud party, running alongside the ultra-nationalist Yisrael Beitenu group, looks set to win fewer seats than in the previous...
Canada wants RIM organic growth, may have to review handset sale
Label: TechnologyOTTAWA (Reuters) – The Canadian government wants BlackBerry maker Research in Motion to continue to be a global leader and grow organically, and Ottawa may have to review a future sale of its handset business, Industry Minister Christian Paradis said on Tuesday.“We hope to see RIM remain a global leader and player, and make sure it grows organically,” Paradis told Reuters by phone from Germany, where...
Kelly Clarkson & Fiancé Brandon Blackstock Attend Inaugural Ball
Label: Lifestyle By Maggie Coughlan 01/22/2013 at 11:35 AM EST Kelly Clarkson and Brandon Blackstock Courtesy Kelly Clarkson After helping President Barack Obama begin his second term with a powerful rendition of "My Country, 'Tis of Thee," Kelly Clarkson celebrated in style.The...
Flu season fuels debate over paid sick time laws
Label: HealthNEW YORK (AP) — Sniffling, groggy and afraid she had caught the flu, Diana Zavala dragged herself in to work anyway for a day she felt she couldn't afford to miss.A school speech therapist who works as an independent contractor, she doesn't have paid sick days. So the mother of two reported to work and hoped for the best — and was aching, shivering and coughing by the end of the day. She stayed home...
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