LOS ANGELES (AP) — Kevin Durant hit a 3-pointer in the final second of the first half and did a full reverse somersault to celebrate a 16-point lead. The Thunder were running the Lakers out of their own building, and not even Kobe Bryant could stop them.Oklahoma City is again clearly among the best teams in the Western Conference, and the struggling Lakers may not have enough time left in the season...
Saudi execution: Brutal and illegal?
Label: LifestyleSTORY HIGHLIGHTSSaudi authorities beheaded Rizana Nafeek, a Sri Lankan womanShe was convicted of killing a baby of the family employing her as a housemaidThis was despite Nafeek's claims that the baby died in a choking accidentBecker says her fate "should spotlight the precarious existence of domestic workers"Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of...
Wall Street Week Ahead: Attention turns to financial earnings
Label: WorldNEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street. The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets. ...
Jan
11
Researchers: NFL's Seau had brain disease
Label: TechnologyWhen he ended his life last year by shooting himself in the chest, Junior Seau had a degenerative brain disease often linked with repeated blows to the head.Researchers from the National Institutes of Health said Thursday the former NFL star's abnormalities are consistent with chronic traumatic encephalopathy, or CTE.The hard-hitting linebacker played for 20 NFL seasons with San Diego, Miami and New...
Why global labor reforms are vital
Label: LifestyleSTORY HIGHLIGHTSSaudi authorities beheaded Rizana Nafeek, a Sri Lankan womanShe was convicted of killing a baby of the family employing her as a housemaidThis was despite Nafeek's claims that the baby died in a choking accidentBecker says her fate "should spotlight the precarious existence of domestic workers"Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of...
BRIT Awards hand posthumous nomination to Winehouse
Label: HealthLONDON (Reuters) – Scottish singer Emeli Sande joined folk act Mumford and Sons and indie rockers Alt-J with three BRIT Award nominations apiece on Thursday, but the biggest surprise was a posthumous nod for Amy Winehouse 18 months after she died.Winehouse was included in the “British female solo” category, in which she was up against Sande, Jessie Ware, Paloma Faith and Bat for Lashes.She was shortlisted...
American Express cuts 5,400 jobs
Label: Business10 January 2013 Last updated at 17:05 ETAmerican Express has announced plans to cut 5,400 jobs worldwide from its total workforce of 63,500 by the end of 2013.The credit card provider said it took almost $ 600m (£370m) in after-tax charges in the fourth quarter of 2012.The company said that these charges would halve its net profit for the quarter from $ 1.2bn to $ 637m.It said the majority of the...
2013 home equity rates forecast
Label: WorldInterest rate forecastIf you are lucky enough to have equity in your home, you should be able to obtain a home equity loan with a low rate in 2013.These rates should remain stable this year, says John Walsh, president of Total Mortgage Services, in Milford, Conn.“I don’t see that changing much in 2013,” Walsh says.Rate movement in 2012The average rate for the typical $ 30,000 home equity loan — which...
Stock index futures point to flat open
Label: WorldLONDON (Reuters) - Stock index futures indicated a flat-to-slightly lower open on Wall Street on Friday, with some traders citing nervousness ahead of results from financial group Wells Fargo due later in the day. Futures for the S&P 500 and Nasdaq 100 were flat by 04.30 EST, while futures for the Dow Jones were 0.1 percent lower. "There's maybe a little bit of nervousness...
Jan
10
Steroids fallout: No BB Hall for Bonds, Clemens
Label: TechnologyNEW YORK (AP) — No one was elected to the Hall of Fame this year. When voters closed the doors to Barry Bonds, Roger Clemens and Sammy Sosa, they also shut out everybody else.For only the second time in four decades, baseball writers failed to give any player the 75 percent required for induction to Cooperstown, sending a powerful signal that stars of the Steroids Era will be held to a different standard.All...
Terror group fills Syria rebels' space
Label: LifestyleSTORY HIGHLIGHTSU.S. declared a key opposition group in Syria a terrorist organizationNew report says it is the most effective group in the opposition, with 5,000 fightersNada Bakos: The group has ties to al Qaeda but also seeks to provide social servicesShe says the chances are slim that it could be persuaded to give up radical goalsEditor's note: Nada Bakos is a former Central Intelligence Agency...
“Aladdin” coming to Broadway in overhauled version with new creative team
Label: HealthLOS ANGELES (TheWrap.com) – “Aladdin” is taking those three magical wishes to Broadway in a new stage show that will be substantially overhauled from an earlier version that premiered two years ago in Seattle.The new version of the 1992 Disney animated hit will hit the Great White Way in spring 2014, according to an individual with knowledge of the production plans. It will replace “Mary Poppins”...
No change to inflation measure
Label: Business10 January 2013 Last updated at 03:55 ETThere will be no change to the way the retail prices index is calculated, the Office for National Statistics (ONS) has decided.After a three-month consultation, the ONS has decided not to bring the RPI more into line with the slower rising consumer prices index (CPI).Instead, a new additional index of inflation will be created.However, the RPI will continue...
Auto loan rates for Jan. 10, 2013
Label: World4.15% (60-month, new car)4.84% (36-month, used car)Auto loan rates fell a little bit for the second straight week.Average rates for 60-month and 48-month new-car loans fell 1 basis point to 4.15 percent and 4.07 percent, respectively. A basis point is one-hundredth of 1 percentage point.For used cars, the average rate on a 36-month loan was down 3 basis points to 4.84 percent.Automakers showed off...
Stock index futures point to second day of gains
Label: WorldLONDON (Reuters) - U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq 100 all around 0.2 percent higher at 0920 GMT. European shares traded in sight of recent multi-month highs, with FTSEurofirst 300 <.fteu3> flat at 1,167.51 points by 0913 GMT <.eu> while Asian markets closed higher, supported...
Jan
09
Judgment day for Bonds, Clemens, Sosa at Hall
Label: TechnologyNEW YORK (AP) — Judgment day has arrived for Barry Bonds, Roger Clemens and Sammy Sosa to find out their Hall of Fame fates.With the cloud of steroids shrouding many candidacies, baseball writers may fail for the only the second time in more than four decades to elect anyone to the Hall.About 600 people are eligible to vote in the BBWAA election, all members of the organization for 10 consecutive...
Case of Wall Street greed gone too far
Label: LifestyleGoldman Sachs CEO Lloyd Blankfein was one of the executives whose stock award was accelerated to beat higher tax rate.STORY HIGHLIGHTSGoldman Sachs granted $65 million in stock to execs before new tax rates beganSusan Antilla says the firm's CEO had endorsed higher rates, called for entitlement cuts She says Goldman benefits from the implicit promise that U.S. will bail it outAntilla: It was unseemly...
Maura Tierney, Courtney B. Vance join Tom Hanks in Nora Ephron’s “Lucky Guy” on Broadway
Label: HealthLOS ANGELES (TheWrap.com) – Maura Tierney and Courtney B. Vance have joined the cast of “Lucky Guy.The story of a tabloid columnist in 1980s New York will mark Tom Hanks‘ Broadway debut.The writer isn’t too shabby either. Nora Ephron, the screenwriter of “When Harry Met Sally” and “Sleepless in Seattle,” wrote the script before she died of cancer last year. Hanks starred in Ephron’s “Sleepless in...
Shares buoyed by Alcoa earnings, dollar gains on yen
Label: BusinessLONDON (Reuters) – European shares rose slightly on Wednesday, ending two days of losses after aluminum giant Alcoa opened the U.S. earnings season with an optimistic outlook for world demand.But with a light data day in prospect for Europe, featuring mainly German and Greek industrial output figures, and with European and UK central banks due to meet on Thursday, market movements were expected to...
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