Feb
01

Hillary: Secretary of empowerment

Girls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.STORY HIGHLIGHTSDonna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for presidentShe says as secretary she expanded foreign policy to include effect on regular people She says she was first secretary of state to focus on empowering women and girlsBrazile:...
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Geraldo Rivera ”Truly Contemplating” New Jersey Senate Run

LOS ANGELES (TheWrap.com) – Geraldo Rivera said Thursday he is “truly contemplating” running for one of New Jersey‘s U.S. senate seats as a Republican.The Fox News host said on his radio show that he would run against incumbent Democrat Frank Lautenberg or Newark Mayor Cory Booker, a likely candidate for the seat if the 89-year-old Lautenberg steps down.“I mention this only briefly, fasten your seatbelt,”...
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Jan
31

MasterCard beats on rise in card spend, cautious on 2013

(Reuters) – MasterCard Inc’s fourth-quarter results topped Wall Street estimates as more people chose card payments over cash but the payment network said global economic woes could slow revenue growth in 2013.Shares of company, which had risen 4 percent in early trade, changed course and were down more than $ 1 at $ 514.35 in late-morning trade on the New York Stock Exchange.“There is going to be...
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US mortgage rates rise this week near record lows

The average U.S. rate on the 30-year fixed mortgage rose this week to its highest level in four months but remains low by historical standards.Here’s a look at rates for fixed and adjustable mortgages over the past 52 weeks:Current avg.Last week52-week high52-week low30-year fixed3.533.424.083.3115-year fixed2.812.713.302.635-year adjustable2.702.672.962.671-year adjustable2.592.572.842.52All values...
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Wall Street dips on profit taking, Friday data eyed

NEW YORK (Reuters) - Stocks edged lower on Thursday as investors took profit after a mixed bag of economic data, while stellar earnings from Qualcomm helped buoy the Nasdaq. Even with the retreat, the S&P 500 is on track to post its best month since October 2011 and its best start to a year since 1997. Investors are expecting a pullback in equities after recent gains,...
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49ers' Culliver apologizes for anti-gay remarks

NEW ORLEANS (AP) — San Francisco 49ers cornerback Chris Culliver apologized Thursday for anti-gay comments he made to a comedian during Super Bowl media day, saying "that's not what I feel in my heart.""I'm sorry if I offended anyone. They were very ugly comments," Culliver said during an hour-long media session. "Hopefully I learn and grow from this experience and this situation."He said he would...
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Fear and loathing in Egypt's Port Said

Behind the maskScales of justiceMoment of truthFans celebrate Armed and readyRally at the clubPortrait of the deadACABDown with MorsiArmy in controlPort Said women protestAl Masry ultrasThe sound of machine gunsAftermathProtestShots firedEmpty standsHarrowing reminder<<<123456789101112131415161718>>>STORY HIGHLIGHTSChaos erupted in Egypt after 21 people were sentenced to death following...
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ABC orders drama pilots from Martin Campbell, Maria Maggenti

LOS ANGELES (TheWrap.com) – “Casino Royale” director Martin Campbell is taking on another intrigue-filled project, this time with ABC.The network has ordered a pilot for the drama “Reckless,” which Campbell, left, will executive produce.The pilot involves David, a resourceful problem-solver whose wife is unjustly imprisoned during a political uprising overseas. Desperately to rescue her, he tries...
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Jan
30

FRC proposes tougher accounting test on banks’ health

LONDON (Reuters) – Accountants will have to determine more thoroughly if a bank can stand on its own two feet for well over a year without taxpayer help under draft changes from the Financial Reporting Council.The FRC said auditors such as KPMG, PwC, Deloitte and Ernst & Young would have to examine threats to a company’s business model and capital adequacy through the economic cycle for the sector...
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Wall Street flat after GDP shock, Fed awaited

NEW YORK (Reuters) - Stocks were little changed on Wednesday as data showing the economy unexpectedly contracted in the fourth quarter was offset by upbeat parts of the report and strong results from Boeing and Amazon. Economists stressed that the 0.1 percent contraction in U.S. gross domestic product, caused partly by a plunge in government spending and lower business inventories, is...
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