Jan
14

Afghanistan: Blast kills 7 civilians in east

KABUL, Afghanistan (AP) — An explosion killed seven Afghan villagers Sunday as they tried to pull bodies of insurgents killed from the rubble of a village mosque after a night raid by NATO and Afghan troops in the country's east, officials said. Four insurgents and an Afghan soldier were also reported to have been killed.The predawn operation in Sayedabad district was aimed at capturing a Taliban...
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6 arrested in new rape of a bus passenger in India

NEW DELHI (AP) — Police said Sunday they have arrested six suspects in another gang rape of a bus passenger in India, four weeks after a brutal attack on a student on a moving bus in the capital outraged Indians and led to calls for tougher rape laws.Police officer Raj Jeet Singh said a 29-year-old woman was the only passenger on a bus as she was traveling to her village in northern Punjab state...
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Roadside bomb kills 14 Pakistani soldiers

DERA ISMAIL KHAN, Pakistan (AP) — A roadside bomb hit a Pakistani army convoy Sunday in a mountainous militant stronghold in the northwest, killing 14 soldiers, one of the deadliest attacks against the army in that sector, intelligence officials said.The North Waziristan tribal area is a major trouble spot that the military has been reluctant to tackle. The remote region is home to Pakistani Taliban...
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Jan
11

Column: No suspense for Bonds, Clemens in HOF vote

Barry Bonds can go for a bike ride. Roger Clemens might want to head to the gym for one of those famous workouts that used to make him pitch like he was 22 when he was 42.If the polls are right — and my guess is they're pretty spot on — there's no need for either to wait by the phone Wednesday when baseball writers weigh in with their first verdict on what is arguably the greatest class of Hall of...
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Soccer-41 players get life bans for South Korea match-fixing

Jan 9 (Reuters) - Forty one South Korean players have been handed worldwide lifetime bans following a match-fixing scandal in the country's K-League, world governing body FIFA said on Wednesday.The 41, charged after a domestic match-fixing investigation dating back to 2011, received lifetime bans from all football activity by the K-League and the Korea Football Association's disciplinary committee...
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Judgment day for Bonds, Clemens, Sosa at Hall

NEW YORK (AP) — Judgment day has arrived for Barry Bonds, Roger Clemens and Sammy Sosa to find out their Hall of Fame fates.With the cloud of steroids shrouding many candidacies, baseball writers may fail for only the second time in more than four decades to elect anyone to the Hall.About 600 people are eligible to vote in the BBWAA election, all members of the organization for 10 consecutive years...
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Baseball-No players voted to Hall of Fame, Bonds and Clemens snubbed

Jan 9 (Reuters) - No one was elected to the Baseball Hall of Fame on Wednesday, with all-time home run leader Barry Bonds and seven-time Cy Young winner Roger Clemens snubbed over suspicion they used performance enhancing drugs.Bonds was named on 36.2 percent of the ballots, and Clemens 37.6, well short of the 75 percent of ballots required in voting by members of the Baseball Writers' Association...
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With BlackBerry 10, there’s no place for home

Research In Motion (RIMM) has a steep hill to climb as it prepares to unveil its next-generation BlackBerry 10 operating system later this month. Launching sleek new BlackBerry 10 handsets that prompt a healthy portion of its current user base to upgrade is of the utmost importance, of course. Just as important, however, is creating a user experience that showcases compelling differentiation and...
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James Franco Does His Best Justin Bieber

We realize there's only so much time one can spend in a day watching new trailers, viral video clips, and shaky cell phone footage of people arguing on live television. This is why every day The Atlantic Wire highlights the videos that truly earn your five minutes (or less) of attention. Today: RELATED: All We Want for Christmas Is Jimmy Fallon and Mariah Carey Singing to UsRemember when Justin Bieber...
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Verizon looks beyond mobile phones for increased revenue in coming years

Lowell McAdam, chief executive officer of Verizon Communications (VZ), believes the company can generate hundreds of millions of dollars in additional revenue from its wireless network if it looks beyond smartphones and tablets. The executive notes that Verizon will focus on other areas of business, from healthcare and automobiles to energy management. Utilizing wireless networks beyond mobile devices...
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Jan
09

US rate on 30-year mortgage hits record 3.83 pct.

WASHINGTON (AP) — Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ticked down to 3.83 percent. That's the lowest since long-term mortgages began in the 1950s. And it's...
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US rate on 30-year mortgage rises to 3.71 pct.

WASHINGTON (AP) — Average rates on fixed mortgages rose this week, the first increase in seven weeks. But mortgage rates remain near historic lows, boosting prospects for home sales this year.Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan increased to 3.71 percent. That's up from 3.67 percent last week, the lowest since long-term mortgages began in the 1950s.The...
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US fixed mortgage rates fall to new record lows

WASHINGTON (AP) — Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market.Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan dropped to 3.62 percent. That's down from 3.66 percent last week and the lowest since long-term mortgages began in the 1950s.The average rate on the 15-year...
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Miller, the man who ushered in free agency, dies at 95

(Reuters) - Marvin Miller, the founding chief of the Major League Baseball Players Association (MLBPA) who changed the landscape of sports by pioneering free agency for players, died on Tuesday at the age of 95, the union said.Miller, who used the collective bargaining process and some stormy work stoppages to win players the right to become free agency along with vastly improved pensions, health...
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Yankees sign relief ace Rivera for another season

NEW YORK (Reuters) - Major League Baseball's all time saves leader Mariano Rivera has signed a one-year contract to return for his 18th season with the New York Yankees, the team said on Friday.The Panama native tore ligaments in his left knee in May while catching fly balls in the outfield before a game and pitched in only nine games in 2012."I didn't want to go out like that," the 43-year-old Rivera...
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Braves swap starter Hanson for Angels reliever Walden

(Reuters) - The Atlanta Braves borrowed from their starting rotation to boost their bullpen by trading Tommy Hanson to the Los Angeles Angels for hard-throwing reliever Jordan Walden, the Major League Baseball teams said on Friday.Both young pitchers have shown glimmers of greatness but slipped back last season.Hanson, 26, who broke into the majors midway through the 2009 season and went 11-4 with...
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Jan
07

Kenyan house prices rise in Q3 on interest rate drop

NAIROBI (Reuters) - Kenya's house prices rose by 7.1 percent in the third quarter of 2012 compared to the same period last year, a real estate firm said on Wednesday, as lower mortgage rates on the back of falling interest rates spurred demand for prime real estate.Housing has been one of Kenya's fastest growing sectors over the last decade, fuelled by a burgeoning middle class with higher disposable...
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New exhibition explores our love and hate of money

NEW YORK (Reuters) - How does money make you feel? Fearful, stressed, happy?U.S. financial guru Suze Orman has teamed with the producer of the popular Body Worlds exhibits for a new traveling show to look at how we relate to and understand money.Orman, media star and author of best-selling books on personal finance, described the finance-themed exhibit as "an extension of my life's work as a financial...
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Analysis: Mortgage demand too much for U.S. banks, who respond slowly

(Reuters) - Big U.S. banks are hiring mortgage bankers to meet a surge in demand for home loans and refinancings, but they are still struggling to process applications, which could undermine the Federal Reserve's attempts to stimulate the economy.Since the Fed announced its plan in September to buy up to $40 billion of mortgages a month, consumer mortgage rates have fallen more slowly and by less...
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Jan
06

Different challenges in Central African Rep., Mali

BANGUI, Central African Republic (AP) — Two land-locked, desperately poor African countries are gripped by rebellions in the north that have left huge chunks of both nations outside of government control. Neighboring countries are rushing troops into Central African Republic only a few weeks after rebels started taking towns but Mali's government is still awaiting foreign military help nearly one...
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Mali's Islamists withdraw cease-fire pledge

BAMAKO, Mali (AP) — An Islamist group in northern Mali says it's suspending its pledge to halt hostilities less than a month after it agreed to do so.The group Ansar Dine said negotiations with the Malian government are ultimately aimed at a military intervention to oust the Islamists from the West African nation and are not true peace talks. Still, the group said it remains committed to a dialogue...
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New child soldier fears in C. African Republic

BANGUI, Central African Republic (AP) — The U.N. children's agency says it's concerned about a growing number of children being recruited by armed groups in Central African Republic as President Francois Bozize's government faces a rebellion in the north.UNICEF said Friday it has received "credible reports that rebel groups and pro-government militias are increasingly recruiting and involving children...
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Jan
05

Ukraine fights spreading HIV epidemic

BUCHA, Ukraine (AP) — Andrei Mandrykin, an inmate at Prison No. 85 outside Kiev, has HIV. He looks ghostly and much older than his 35 years. But Mandrykin is better off than tens of thousands of his countrymen, because is he receiving treatment amid what the World Health Organization says is the worst AIDS epidemic in Europe.Ahead of World AIDS Day on Saturday, international organizations have urged...
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Awareness of HIV Risk Has Dropped Among Gay Men Even As Infection Rates Rise

More than 30 years after the dawn of the HIV epidemic, the significance of the infection and awareness for how it's transmitted has dropped precipitously among young people, especially among gay men, according to new data from the federal government.National statistics for 2010 show that more than one-quarter of all new HIV infections are among youths ages 13 to 24. Of the estimated 47,500 new infections...
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Health officials: Athens has spiraling HIV crisis

ATHENS, Greece (AP) — Athens is seeing an alarming increase in new HIV infections, particularly among intravenous drug users, health officials warned Friday, as Greece struggles through a protracted financial crisis in which funding for health care and drug treatment programs has been slashed.While there were about 10-14 new HIV infections per year among Athens drug users from 2008 to 2010, that...
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Jan
03

Zurich puts Sandy storm damage claims at $700 million

 Natural gas distributor Laclede Group Inc is buying two utilities from Energy Transfer Equity LP for $1 billion, doubling its customer numbers and boosting its exposure to more stable state-regulated income.More than 91 percent of Laclede's earnings will come from rate-regulated business after the acquisition of Missouri Gas Energy and New England Gas Co, owned by Energy Transfer's affiliate,...
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Laclede to double customers in $1 billion deal with Energy Transfer

 Natural gas distributor Laclede Group Inc is buying two utilities from Energy Transfer Equity LP for $1 billion, doubling its customer numbers and boosting its exposure to more stable state-regulated income.More than 91 percent of Laclede's earnings will come from rate-regulated business after the acquisition of Missouri Gas Energy and New England Gas Co, owned by Energy Transfer's affiliate,...
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Sun Life sells U.S. annuity business, shares drop

 Sun Life Financial Inc will sell its U.S. annuity business for $1.35 billion to a firm connected to Guggenheim Partners in a deal that should reduce the exposure of the insurer's earnings to market swings and boost its cash levels.While the deal could bring long-term benefits to Sun Life, whose earnings have been derailed by wild market swings during recent years, investors pulled the company's...
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FactSet forecasts second-quarter results largely below estimates, shares fall

FactSet Research Systems Inc reported lower-than-expected first-quarter revenue, and the financial information provider forecast current-quarter results largely below estimates as banks and brokerages cut costs.FactSet shares fell 5 percent before the bell on Tuesday.The company, which provides data to portfolio managers, research analysts and investment bankers, forecast second-quarter earnings of...
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Jefferies results beat estimates on higher fixed-income revenue

(Reuters) - Jefferies Group Inc reported a higher-than-expected adjusted quarterly profit as the investment bank benefited from higher earnings from its fixed-income unit, and said its business expansion in Asia has started delivering.The midsized investment bank has been expanding in China and India and recently poached bankers from the Royal Bank of Scotland to expand its business in China.Jefferies...
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Jan
02

Facebook Shrugs Off Instagram's New Class Action Lawsuit

For Instagram, there's good news and there's bad news about the class action lawsuit just filed against them. Bad news first: Somebody just filed a class action lawsuit. Good news: the lawyers from Instagram's parent company, Facebook, have plenty of practice getting rid of these pesky things. That might explain why they're so dismissive about the legal inconvenience a group of disgruntled Instagram...
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How 'Doctor Who' Kept Its Big Christmas Secret Off Twitter

Tonight Doctor Who fans get to gorge on their annual Christmas fix -- a full-length special episode the series has produced every year for the holiday since 2005. This time, however, there's some extra spice in the form of a new regular cast member: Jenna-Louise Coleman debuts in "The Snowmen" as the Doctor's next companion.Except it's not her debut. Coleman actually made her first appearance in the...
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Facebook in 2012: A Billion Users and Counting

Facebook is the most popular social network on the planet. It celebrated its eighth birthday on Feb. 4, 2012. Although Facebook has only been around since 2004, it certainly seems like much longer.For many of us, it feels like we've grown up habitually checking to see who has liked our photos and commented on our status updates. We love to use it. Sometimes we hate ourselves for loving it so much....
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Jessica Simpson's Christmas tweet seems to confirm pregnancy rumor

 Actress, singer and fashion designer Jessica Simpson sent a Christmas Twitter message that apparently confirms media rumors that she is pregnant - showing a photo of her daughter Maxwell with the words "Big Sis" spelled out in sand.The picture's caption reads "Merry Christmas from my family to yours."Simpson had her first child, Maxwell Drew Johnson, in May. She has since become a spokeswoman...
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New laws at a glance: Eyedrops, brakes, Facebook

As 2013 begins, many states are enacting new laws dealing with gay rights, child safety, abortion, immigration and other perennial concerns. Some other topics states are dealing with in new laws:ANIMAL WELFAREPennsylvania will prohibit use of carbon monoxide chambers to destroy animals at shelters and will make it easier for shelters to get drugs for a more humane method. Activists say animals are...
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