HONG KONG (Reuters) - Asian stocks hit a five-month high and the dollar fell as a last-minute deal ended the U.S. "fiscal cliff" crisis that threatened a U.S. recession and roiled world financial markets. The U.S. Congress approved a rare tax increase on Tuesday that will hit the nation's wealthiest households in a bipartisan budget deal that stops the world's largest economy from falling...
At least 61 crushed to death in Ivory Coast stampede
Label: WorldABIDJAN (Reuters) - At least 61 people were crushed to death in a stampede after a New Year's Eve fireworks display at a stadium in Ivory Coast's main city Abidjan early on Tuesday, officials said. Witnesses said police had tried to control crowds around the Felix Houphouet-Boigny Stadium following the celebrations, triggering a panic in which scores were trampled. "The estimate...
Dec
31
Movers roundup: Facebook, Best Buy
Label: TechnologyAmong the stock activity stories for Monday, Dec. 31, from AP Business News:— Shares of Facebook Inc. rose after an analyst said advertising spending was picking up on the Internet social network and raised his rating on its stock.— Shares of Best Buy Co. rose on light volume as the struggling electronics retailer closed out a rocky year.— Shares of Duff & Phelps Corp. rose on news that the company...
Eric Prydz Picks a New Year's Eve Playlist
Label: Lifestyle By Dahvi Shira 12/31/2012 at 06:50 PM EST Unfortunately not everyone can be in Las Vegas when the ball drops this year, but Eric Prydz is bringing the party to PEOPLE.com readers in advance.The DJ and producer, 36 – best known for his 2004 hit single, "Call on Me" – is playing a three-hour extended set at Surrender...
Clinton's blood clot an uncommon complication
Label: HealthThe kind of blood clot in the skull that doctors say Hillary Rodham Clinton has is relatively uncommon but can occur after an injury like the fall and concussion the secretary of state was diagnosed with earlier this month.Doctors said Monday that an MRI scan revealed a clot in a vein in the space between the brain and the skull behind Clinton's right ear.The clot did not lead to a stroke or neurological...
Senate to vote on "fiscal cliff" deal as deadline approaches
Label: BusinessWASHINGTON (Reuters) - The White House and Senate leaders struck a bipartisan deal on Monday to try to avoid a "fiscal cliff" budget crisis, although the agreement was likely to face stiff challenges in the House of Representatives. Senators were due to vote on the accord before midnight (0500 GMT Tuesday) and independent Senator Joe Lieberman said it had strong support from the Democrats...
North Korean leader, in rare address, seeks end to confrontation with South
Label: WorldSEOUL (Reuters) - North Korean leader Kim Jong-un called for an end to confrontation between the two Koreas, technically still at war in the absence of a peace treaty to end their 1950-53 conflict, in a surprise New Year speech broadcast on state media. The address by Kim, who took over power in the reclusive state after his father, Kim Jong-il, died in 2011, appeared to take the place...
Dec
30
Kobe Bryant Finally Joins Twitter — Kind Of
Label: TechnologyLong among the sports world’s biggest Twitter holdouts, Kobe Bryant has finally joined the social network. But he hasn’t opened an account, and won’t be around for long.Social savvy fans are being blessed with his presence thanks to Nike Basketball, which has turned over its account to Bryant since Tuesday.[More from Mashable: Avery Johnson’s Teenage Son Unloads on Twitter After NBA Firing]Nike Basketball,...
Hillary Clinton Hospitalized for a Blood Clot
Label: Lifestyle 12/30/2012 at 08:55 PM EST Hillary Clinton has been hospitalized. The Secretary of State was admitted to New York Presbyterian Hospital on Sunday after doctors found a blood clot during an exam related to the concussion she suffered during a fall earlier this month, CNN reports.
"Her doctors will continue to...
Kenya hospital imprisons new mothers with no money
Label: HealthNAIROBI, Kenya (AP) — The director of the Pumwani Maternity Hospital, located in a hardscrabble neighborhood of downtown Nairobi, freely acknowledges what he's accused of: detaining mothers who can't pay their bills. Lazarus Omondi says it's the only way he can keep his medical center running.Two mothers who live in a mud-wall and tin-roof slum a short walk from the maternity hospital, which is affiliated...
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