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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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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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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