With 2013 just over two hours old, the Senate voted 89-8 on Tuesday to approve a last-minute deal to avert income tax hikes on all but the richest Americans and stall painful spending cuts as part of a hard-fought compromise to avoid the economically toxic “fiscal cliff.”The country had already technically tumbled over the cliff by the time the gavel came down on the vote at 2:07 a.m.. The House of...
Dec
31
Myanmar fetes 2013 with first public countdown
Label: WorldYANGON, Myanmar (AP) — Myanmar is ringing in 2013 with its first public New Year's Eve countdown and a grand fireworks display, a celebration unprecedented in the former military-ruled country.The party is the latest, and perhaps most exuberant, example of the country's emergence from decades of isolation.Organizers announced that two hours ahead of midnight, about 72,000 people had gathered at the...
Can Samsung survive without Android?
Label: TechnologySamsung (005930) is the world’s top Android smartphone vendor by a staggering margin. Aside from LG (066570), which managed a small $ 20 million profit from its mobile division last quarter, no other global Android vendor can figure out how to make money selling Android phones. Meanwhile, Samsung posted a $ 6 billion profit on $ 47.6 billion in sales in the third quarter, thanks largely to record...
Kanye West, Kim Kardashian expecting 1st child
Label: LifestyleATLANTIC CITY, N.J. (AP) — A kid for Kimye: Kanye West and Kim Kardashian are expecting their first child.The rapper announced at a concert Sunday night that his girlfriend is pregnant. Kardashian was in the crowd at Revel Resort's Ovation Hall with her mother, Kris Jenner, and West's mentor and best friend, Jay-Z. West told the crowd of more than 5,000 in song form: "Now you having my baby."The crowd...
FDA approves 1st new tuberculosis drug in 40 years
Label: HealthWASHINGTON (AP) — The Food and Drug Administration on Monday approved a Johnson & Johnson tuberculosis drug that is the first new medicine to fight the deadly infection in more than four decades.The agency approved J&J's pill, Sirturo, for use with older drugs to fight a hard-to-treat strain of tuberculosis that has not responded to other medications. However, the agency cautioned that the...
Biden, McConnell 'jump-start' stalled talks
Label: BusinessVice President Joe Biden looks on as President Barack Obama announces the nomination of Senator John Kerry as Secretary …Merry Cliffmas Eve?Vice President Joe Biden and Republican Senate Minority Leader Mitch McConnell on Monday pursued behind-closed-doors efforts to avoid the “fiscal cliff” with just hours to halt painful automatic income tax hikes from biting into American paychecks.McConnell...
Dec
30
Afghan violence falls in 2012, insider attacks up
Label: WorldKABUL, Afghanistan (AP) — Violence in Afghanistan fell in 2012, but more Afghan troops and police who now shoulder most of the combat were killed, according to statistics compiled by The Associated Press.At the same time, insider killings by uniformed Afghans against their foreign allies rose dramatically, eroding confidence between the two sides at a crucial turning point in the war and when NATO...
McCartney, 'God particle' scientist get honors
Label: LifestyleLONDON (AP) — Stella McCartney, who designed the uniforms worn by Britain's record-smashing Olympic team, and Scottish physicist Peter Higgs, who gave his name to the so-called "God particle," are among the hundreds being honored by Queen Elizabeth II this New Year.The list is particularly heavy with Britain's Olympic heroes, but it also includes "Star Wars" actor Ewan McGregor, eccentric English...
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...
Obama boasts support of American people in ‘fiscal cliff’ fight
Label: BusinessAs Congress races to pass legislation before the Jan. 1 "fiscal cliff" deadline, President Barack Obama in an interview which aired Sunday publicly touted the support of the American people for the plan he offered to Republicans."We have put forward not only a sensible deal, but one that has the support of the majority of the American people including close to half of Republicans," the president told...
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