As the sun rose from time zone to time zone across the world on Friday, there was still no sign of the world’s end — but that didn’t stop those convinced that a 5,125-year Mayan calendar predicts the apocalypse from gathering at some of the world’s purported survival hot spots.Many of the esoterically inclined expected a new age of consciousness — others wanted a party. But, in some places said to...
Dec
28
Pending home sales hit two-and-half year high in November
Label: BusinessWASHINGTON (Reuters) – Contracts to buy previously owned U.S. homes rose in November to their highest level in 2-1/2 years, an industry group said on Friday, further evidence of a strengthening housing market recovery.The National Association of Realtors said its Pending Home Sales Index, based on contracts signed last month, increased 1.7 percent to 106.4 – the highest level since April 2010 when...
Prosecco sparkles as shoppers tighten belts
Label: WorldLooking to celebrate this festive season? You’ll be in good company if you pop open a bottle of Prosecco.As Europe’s age of austerity grinds on, squeezing household budgets, the sparkling Italian wine is fast replacing champagne as the party fizz of choice.“Prosecco is well-established as a popular alternative to champagne in Europe, but now it looks as if it will also become a household name over...
Wall Street heads for longest losing streak in three months
Label: WorldNEW YORK (Reuters) - Stocks fell on Friday, putting the S&P 500 on track for a fifth straight decline, as President Barack Obama and top congressional leaders were set to make a last-ditch attempt to steer the country away from severe fiscal austerity next year. Obama and lawmakers from both political parties will meet at the White House on Friday afternoon for talks in an effort...
Stomach bug knocks Nadal from Australian Open
Label: TechnologyMADRID (AP) — Rafael Nadal will miss the Australian Open because of a stomach virus, further delaying his comeback after being sidelined since June.The Australian Open, the year's first Grand Slam tournament, begins Jan. 14. The virus kept Nadal from making his return at Abu Dhabi this week.The Spaniard said Friday his withdrawals had nothing to do with the tendinitis in his left knee, which forced...
2013: A year for big issues in the courts
Label: LifestyleBy Jeffrey Toobin, CNN Senior Legal AnalystDecember 27, 2012 -- Updated 1445 GMT (2245 HKT)Chief Justice John Roberts re-administers the oath of office to Barack Obama at the White House on January 21, 2009. STORY HIGHLIGHTSJeffrey Toobin: 2013 will see pivotal decisions in several key areas of lawHe says Supreme Court could decide fate of same-sex marriageAffirmative action for public college admissions...
Singer Travis pleads not guilty to assault
Label: HealthSAN ANTONIO (Reuters) – Country singer Randy Travis pleaded not guilty to misdemeanor assault in a municipal courtroom in the Dallas suburb of Plano on Friday, his lawyer said.Lawyer Peter A. Schulte told Reuters his client is “absolutely not guilty of this crime.”Police say Travis assaulted a man in a church parking lot in Plano in August while attempting to intervene in a disagreement between a...
Dec
27
US ‘heading over fiscal cliff’
Label: Business27 December 2012 Last updated at 11:40 ETPlease turn on JavaScript. Media requires JavaScript to play. “It looks like that’s where we’re headed,” Harry Reid said of the fiscal cliffThe US appears to be heading over the “fiscal cliff”, with prospects dim for a deal to avoid tax rises and spending cuts, the US Senate leader says.Speaking on the Senate floor, Democrat Harry Reid said there did not seem...
Matthews raises profile during campaign
Label: WorldNEW YORK (AP) — To his boss, Chris Matthews has become a statesman. His critics probably have other words.The veteran MSNBC host raised his profile as much as any member of the television commentariat during the presidential campaign. His 5 p.m. “Hardball” show has seen viewership jump by 24 percent this year from 2011, 17 percent for the rerun two hours later.Matthews symbolized MSNBC’s growing comfort...
Dow falls more than 1 percent
Label: WorldNEW YORK (Reuters) - The Dow fell 1 percent as stocks added to losses on Thursday. The Nasdaq and S&P 500 earlier declined more than 1 percent, with worries about the U.S. "fiscal cliff" after Senate Majority Leader Harry Reid warned the United States appeared poised to head over it. The Dow Jones industrial average <.dji> was down 143.83 points, or 1.10 percent, at 12,970.76....
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