NEW YORK (Reuters) – The S&P 500 wrapped up its second positive week in a row on Friday, although it ended the day flat as politicians remain at odds about how to avoid the so-called fiscal cliff.Based on the latest available data, the Dow Jones industrial average <.DJI> rose 3.22 points, or 0.02 percent, to finish unofficially at 13,025.04. The Standard & Poor’s 500 Index <.SPX>...
Oliver Stone, Benicio del Toro visit Puerto Rico
Label: WorldSAN JUAN, Puerto Rico (AP) — Benicio Del Toro didn’t wait long to collect on a favor that Oliver Stone owed him for working extra hours on the set of his most recent movie, “Savages”, released this year.The favor? A trip to Del Toro‘s native Puerto Rico, which Stone hadn’t visited since the early 1960s.“I told him, you owe me one,” Del Toro said with a smile as he recalled the conversation during...
Nov
29
Sony sells over half a million PlayStation 3 consoles over Black Friday week
Label: TechnologyBoth Microsoft (MSFT) and Nintendo (NTDOY) had a big week of console sales during Black Friday’s week of shopping madness in the U.S. So how did Sony (SNE) do in comparison? Sony Computer Entertainment of America president and CEO Jack Tretton announced on Thursday that the company sold 525,000 PlayStation 3 consoles and 160,000 PS Vita handhelds during the Black Friday week. Overall PlayStation sales...
FDA approves Exelixis’ cabozantinib for thyroid cancer
Label: HealthWASHINGTON (Reuters) – The U.S. Food and Drug Administration on Thursday approved Exelixis Inc‘s cabozantinib as a treatment for medullary thyroid cancer that has spread to other parts of the body.Cabozantinib, the company’s lead product candidate, is an oral drug designed to limit blood supply to tumors as well as block two segments of a pathway used by cancer cells to grow and spread.The FDA announcement...
US growth rate revised up to 2.7%
Label: Business29 November 2012 Last updated at 10:58 ETThe US economy grew at an annualised rate of 2.7% in the third quarter of the year, revised data has suggested.The figure is significantly higher than the 2% initial estimate that the Commerce Department released just before the presidential election.Much of the growth was due to companies rebuilding their inventories, and is not expected to be sustained.The...
Noisy city: Cacophony in Caracas sparks complaints
Label: WorldCARACAS, Venezuela (AP) — This metropolis of 6 million people may be one of the world’s most intense, overwhelming cities, with tremendous levels of crime, traffic and social strife. The sounds of Caracas‘ streets live up to its reputation.Stand on any downtown corner, and the cacophony can be overpowering: Deafening horns blast from oncoming buses, traffic police shrilly blow their whistles and sirens...
Nov
28
Microsoft CEO defends its innovation record, financial results
Label: TechnologyBELLEVUE, Washington (Reuters) – Microsoft Corp Chief Executive Steve Ballmer defended his company’s record on innovation and financial performance at the annual shareholders’ meeting, but conceded that he should have moved faster to get into the booming tablet market dominated by Apple Inc‘s iPad.Bill Gates, co-founder and now chairman of the world’s largest software company, was one of the first...
Some women overwhelmed by cancer treatment options
Label: HealthNEW YORK (Reuters Health) – More than one in five women with early-stage breast cancer in a new study said they were given too much responsibility for treatment-related decisions – and those patients were more likely to end up regretting the choices they made.The findings don’t mean women should not be fully informed about their treatment options, researchers said, but rather that doctors may need...
Tunisia secures more loans as protests hit deprived town
Label: BusinessTUNIS (Reuters) – Tunisia, struggling to ease economic difficulties that have provoked unrest since its democratic revolution, said on Wednesday it had secured more international lending to cover its 2013 spending.Tunisia’s new, elected Islamist-led government has sought to revive the economy in the face of a decline in trade with the crisis-hit euro zone and disputes between secularists and hardline...
Rapper PSY wants Tom Cruise to go ‘Gangnam Style’
Label: WorldBANGKOK (AP) — The South Korean rapper behind YouTube’s most-viewed video ever has set what might be a “Mission: Impossible” for himself.Asked which celebrity he would like to see go “Gangnam Style,” the singer PSY told The Associated Press: “Tom Cruise!”Surrounded by screaming fans, he then chuckled at the idea of the American movie star doing his now famous horse-riding dance.PSY’s comments Wednesday...
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