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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