Jan
14

UPDATE 4-NBA results

Jan 14 (Infostrada Sports) - Results from the NBA games on Sunday (home team in CAPS)NY KNICKS 100 New Orleans 87Milwaukee 107 TORONTO 96BROOKLYN 97 Indiana 86SAN ANTONIO 106 Minnesota 88DENVER 116 Golden State 105Oklahoma City 87 PORTLAND 83LA LAKERS 113 Cleveland ...
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NBA-Howard returns to help Lakers snap dire run

Jan 13 (Reuters) - The return of Dwight Howard helped the Los Angeles Lakers end their longest losing streak in nearly six years as they blew out Cleveland 113-93 on Sunday.Howard had missed the last three games with a right shoulder injury and the Lakers had been ailing on the court with a six-game losing streak, but they broke out in a big way to snap the stretch.Howard had 22 points and 14 rebounds,...
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Howard returns to help Lakers snap dire run

Kenneth Faried during their NBA basketball game in Denver, Colorado December 26, …more (Reuters) - The return of Dwight Howard helped the Los Angeles Lakers end their longest losing streak in nearly six years as they blew out Cleveland 113-93 on Sunday.Howard had missed the last three games with a right shoulder injury and the Lakers had been ailing on the court with a six-game losing streak, but...
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Jan
13

Victims of Costa shipwreck mark anniversary

GIGLIO, Italy (AP) — Survivors of the Costa Concordia shipwreck and relatives of the 32 people who died marked the first anniversary of the grounding Sunday with the unveiling of memorials to the victims, a tearful Mass in their honor and a minute of silence to recall the exact moment that the cruise ship rammed into a reef off Tuscany.One of the most moving tributes came first, with the daybreak...
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Politicians slam "extremely generous" wind power cable scheme

LONDON (Reuters) - A new system devised to attract investors to spending money on connecting Britain's offshore wind farms is too generous and does not offer a good deal for consumers, a parliamentary committee said on Monday.The government wants a huge fleet of offshore wind farms to produce between 8 percent and 15 percent of Britain's electricity by 2020 to reduce carbon emissions.All wind farms...
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Somali witnesses to failed rescue describe mayhem

MOGADISHU, Somalia (AP) — The night of mayhem and death started with the sound of helicopters above pitch-black fields. When it was over, the French intelligence agent who had been held hostage for more than three years was almost certainly dead, as was at least one French commando, and the home that served as the agent's final jail was destroyed. And now the Somalis living in the muddy farm town...
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Jan
11

Baseball-Nationals convince LaRoche to extend Washington stay

Jan 8 (Reuters) - The Washington Nationals finally persuaded Adam LaRoche to put pen to paper on Tuesday after spending the first half of the off-season courting their lead slugger.The free agent inked a two-year deal worth $24 million with an option for a third season, adding solidity to an improving Nationals team and rewarding the franchise for their patience.The 33-year-old had earlier declined...
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Nationals convince LaRoche to extend Washington stay

(Reuters) - The Washington Nationals finally persuaded Adam LaRoche to put pen to paper on Tuesday after spending the first half of the off-season courting their lead slugger.The free agent inked a two-year deal worth $24 million with an option for a third season, adding solidity to an improving Nationals team and rewarding the franchise for their patience.The 33-year-old had earlier declined to...
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Baseball-Record earnings for South Korean league

Jan 9 (Reuters) - South Korean baseball underlined its continuing growth by posting a record $33 million in revenue last year, local media reported on Wednesday.Winning gold at the Beijing Olympics and finishing runners-up at the 2009 World Baseball Classic boosted baseball's popularity and attendances crossed the 7 million-mark for the first time last year, Yonhap News agency reported.The league...
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Jan
10

Alleged Ohio rapists may not get fair trial: defendant's lawyer

(Reuters) - Two Ohio high-school football players accused of raping a teenage girl may not get a fair trial after a photo and video allegedly associated with the case were posted on the Internet by the computer hacking group Anonymous, a lawyer for one of the accused said on Friday.Ma'lik Richmond and Trenton Mays, both 16 and members of the Steubenville High School football team, are charged with...
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Leader of Online Movie Group IMAGiNE Gets five Years for Piracy

LOS ANGELES (TheWrap.com) - Jeremiah B. Perkins, the former leader of internet movie group IMAGiNE, was sentenced to five years in prison on a piracy charge, the U.S. Department of Justice said Thursday.Perkins, 40, pleaded guilty to one count of conspiracy to commit criminal copyright infringement in August.In addition to the prison sentence, Perkins was sentenced to three years of supervised release...
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New Jersey man accused of trying to hire "cannibal cop" to kidnap woman

NEW YORK (Reuters) - A New Jersey man offered to pay $5,000 to the so-called "cannibal cop" to kidnap a woman and deliver her to be raped, U.S. officials alleged on Friday.Federal authorities arrested Michael Vanhise, 23, and charged him with conspiracy to commit kidnapping with Gilberto Valle III, a New York police officer who was arrested in October and charged with conspiring to kidnap, torture,...
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Jan
09

Three approaches for managing pre-Obamacare healthcare costs

(This is part of a six-story package on household finance. Lou Carlozo is a Reuters contributor and the opinions are his own.)New York (Reuters) - Having just earned his master's degree in written communication, Eric Kaplan should feel triumphant. But his academic success has been tempered by a failure outside the classroom: He can't find health insurance he can afford on his earnings as a freelance...
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Markets cautious ahead of US corporate earnings

LONDON (AP) — Global stock markets mostly fell on Tuesday as investors prepared for the start of the U.S. corporate earnings season and digested a mixed batch of European economic indicators.The markets will get a feel for the health of corporate America as earnings reports start coming in. Aluminum producer Alcoa Inc. will be the first major company to release results for the fourth quarter of 2012...
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Oil down slightly, natural gas continues to drop

NEW YORK (AP) — Oil prices ended a little lower on Tuesday, as traders took their cue from U.S. stock markets and investors awaited the start of the earnings season.Natural gas prices fell again following a report showing production is at record levels and mild early winter weather.Benchmark oil fell 4 cents to finish at $93.15 a barrel in New York. The price was close to $94 a barrel earlier, but...
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Jan
08

Rex, Woody excited for Jets' new 'beginning'

FLORHAM PARK, N.J. (AP) — Rex Ryan and Woody Johnson met the media Tuesday, wearing Jets-green ties and presenting an unusually united front for a coach and owner coming off an abysmal season that produced far more in the way of turbulence than touchdowns.The general manager is gone, along with the offensive, defensive and special teams coordinators.Ryan isn't going anywhere because Johnson really...
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UPDATE 1-Golf-Johnson wins windswept PGA season-opener at Kapalua

* Matches Tiger Woods for consecutive wins out of college* Johnson holds off charge by defending champion Stricker (Adds quotes, detail)Jan 8 (Reuters) - It required a lot patience and overtime but American Dustin Johnson opened the PGA Tour season with a comfortable victory at the windswept Tournament of Champions in Hawaii on Tuesday.Johnson, who had a three-shot overnight lead, fired a five-under...
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Johnson wins windswept PGA season-opener at Kapalua

(Reuters) - It required a lot patience and overtime but American Dustin Johnson opened the PGA Tour season with a comfortable victory at the windswept Tournament of Champions in Hawaii on Tuesday.Johnson, who had a three-shot overnight lead, fired a five-under 68 for a 16-under 203 total on another blustery day at the Kapalua Resort to finish four shots clear of defending champion Steve Stricker...
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Jan
07

RIM shares jump in Toronto, rebound from sharp decline

TORONTO (Reuters) - Shares of Research In Motion Ltd jumped nearly 10 percent on the Toronto Stock Exchange on Thursday, following similar gains in New York on Wednesday, in a rebound from last week's sharp decline.Last Friday, the volatile stock plunged more than 20 percent after the company said on an earnings conference call that it was rolling out a new fee structure for its services segment,...
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A surprisingly good vintage as market logs gains

If you'd told investors what was going to happen in 2012 — U.S. economic growth at stall speed, an intensifying European debt crisis, a slowdown in China, fiscal deadlock in Washington, decelerating corporate earnings growth — and asked how the stock market would perform, few would have predicted a good year.But that's just what they got.The Dow Jones industrial average, the Standard & Poor's...
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Eli Lilly banks on cost controls for higher 2013 profit

(Reuters) - Eli Lilly and Co said on Friday it expects profit in 2013 to increase by more than Wall Street had been forecasting, primarily due to cost controls and improved productivity.Lilly, whose shares were up nearly 4 percent on Friday, said 2013 sales will be flat to a bit higher, despite the loss of patent on its $5 billion-a-year antidepressant, Cymbalta, in December.The Indianapolis-based...
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Jan
06

Pope makes longtime aide a bishop in St. Peter's

VATICAN CITY (AP) — Pope Benedict XVI has rewarded his longtime loyal secretary by making him a bishop in an elaborate ceremony in St. Peter's Basilica.The pontiff and Monsignor Georg Gaenswein, a fellow German, embraced warmly. Benedict, 85, held up well during the nearly three-hour long service Sunday, which also marked Epiphany, a Catholic feast day.Gaenswein, 56, has been Benedict's closest aide...
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Orthodox believers celebrate Epiphany with icy dip

SOFIA, Bulgaria (AP) — Thousands of young men are plunging into icy rivers and lakes across Bulgaria and Romania to retrieve crucifixes cast by priests in an old ritual marking the feast of Epiphany.By tradition, a wooden cross is cast into the water and it is believed that the person who retrieves it will be freed from evil spirits.In the central Bulgarian city of Kalofer, 350 men in traditional...
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Cameron plays down status of top credit rating

LONDON (Reuters) - Prime Minister David Cameron said the credibility of his deficit-cutting policy was more important than the judgment of credit rating agencies, as the threat of third recession since the financial crisis looms.Britain has held onto its top triple-A credit rating while the United States and France have suffered downgrades, but that endorsement has looked increasingly shaky as the...
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Jan
05

FedEx says it can grow by cutting costs

NEW YORK (AP) — FedEx may be pessimistic about the U.S. economy, but it's confident about growing its earnings.The world's second-largest package delivery company, a bellwether for economic health because of the vast number and kinds of shipments it handles, lowered its economic forecast for the U.S., saying there remains a lot of uncertainty for the country.FedEx maintained its earnings forecast...
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Burundi tea earnings rise 27 pct in November on high prices

BUJUMBURA (Reuters) - Burundi's tea export revenues rose 27 percent in November from the same month last year thanks to a stronger regional market, a tea board official said on Thursday.The state-run tea board (OTB) said it collected $1.80 million from the sale of 589,907 kg, up from $1.42 million earned in November 2011 from the export of 563,140 kg."Supplies of the commodity in the region were...
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Discover Financial Services 4Q net income rises

 Discover Financial Services on Thursday reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances.Even so, the Riverwoods, Ill.-based company's results fell short of Wall Street expectations, and investors sent its shares down over 3 percent Thursday.Discover, the nation's sixth-largest credit...
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Jan
04

Richardson: NKorea trip is private, humanitarian

WASHINGTON (AP) — Former New Mexico Gov. Bill Richardson says the State Department should not be nervous about a visit he's making to North Korea with Google's executive chairman, Eric Schmidt.The State Department has advised against his making the trip. But Richardson says he doesn't work for the U.S. government.Richardson said Friday he's concerned about an American citizen detained in North Korea,...
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Abbas sees Palestinian unity as Fatah rallies in Gaza

GAZA (Reuters) - President Mahmoud Abbas predicted the end of a five-year split between the two big Palestinian factions as his Fatah movement staged its first mass rally in Gaza with the blessing of Hamas Islamists who rule the enclave."Soon we will regain our unity," Abbas, whose authority has been limited to the Israeli-occupied West Bank since the 2007 civil war between the two factions, said...
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Malala Yousafzai, Pakistani teen shot by Taliban, is released from UK hospital

A daily summary of global reports on security issues. Malala Yousafzai, the Pakistani teen who was shot in the head by the Taliban in the fall for promoting girls’ education, was released from a British hospital yesterday. Malala, who will spend the next few weeks with her family in the UKbefore returning to the hospital for more surgery, quickly became an international symbol of...
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What does Google want with North Korea?

Google chairman Eric Schmidt plans to visit North Korea as early as next week in what analysts see as part of North Korean leader Kim Jong-un’s drive to give an appearance of closing the vast digital divide between his isolated country and the rest of the world.Although Mr. Schmidt is not expected to reach any real deal with the North, his presence there seems to show a desire in North Korea to improve...
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