NEW YORK (Reuters) - Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" - and the possibility of higher taxes in 2013 - may act as the greatest incentive to sell both winners and losers by December 31. The $600 billion of automatic tax increases and spending cuts scheduled for the beginning of next year includes higher rates for capital...
Changes to Agriculture Highlight Cuba’s Problems
Label: WorldHAVANA — Cuba’s liveliest experiment with capitalism unfolds every night in a dirt lot on the edge of the capital, where Truman-era trucks lugging fresh produce meet up with hundreds of buyers on creaking bicycle carts clutching wads of cash. “This place, it feeds all of Havana,” said Misael Toledo, 37, who owns three small food stores in the city. “Before, you could only buy or sell in the...
Software guru McAfee did not have heart attack: lawyer
Label: TechnologyGUATEMALA CITY (Reuters) – Software pioneer John McAfee did not have a heart attack in Guatemala as originally thought, but is suffering from stress and hypertension, his lawyer Telesforo Guerra said on Thursday.“He never had a heart attack. Nothing like that,” Guerra said in Guatemala City. “I’m not a doctor. I’m just telling you what the doctors told me. He was suffering from stress, hypertension...
Dec
08
Kate's Severe Morning Sickness Could Be Hereditary
Label: Lifestyle By Michelle Tauber 12/08/2012 at 11:15 AM EST Catherine, Duchess of Cambridge Ben Pruchnie/Getty Even duchesses can get the monster of all morning sicknesses.Known as hyperemesis gravidarum (HG), the condition – for which Kate was hospitalized for four days – is characterized by debilitating...
Smokers celebrate as Wash. legalizes marijuana
Label: HealthSEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...
Wall Street Week Ahead: "Cliff" worries may drive tax selling
Label: BusinessNEW YORK (Reuters) - Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" - and the possibility of higher taxes in 2013 - may act as the greatest incentive to sell both winners and losers by December 31. The $600 billion of automatic tax increases and spending cuts scheduled for the beginning of next year includes higher rates for capital...
Zynga seeks real-money gambling license in Nevada
Label: TechnologySAN FRANCISCO (Reuters) – Social games maker Zynga Inc said on Wednesday it filed a preliminary application to run real-money gambling games in Nevada, a significant step in cracking a complex but potentially massive new market that could resuscitate its faltering business.The Nevada Gaming Control Board will now examine whether Zynga is fit to hold a gaming license that would allow gamblers in the...
Dec
07
Betty White's Dog Ditches His Cone of Shame - Just in Time for Christmas!
Label: Lifestyle People Pets By Gabrielle Olya and Amy Jamieson 12/07/2012 at 01:00 PM EST Christmas is going to be very cozy for Betty White and her dog Pontiac – especially since the 7-year-old pooch has been relinquished of his Elizabethan collar, a.k.a. the "cone of shame.""He had little growths on his leg and he had to have...
Smokers celebrate as Wash. legalizes marijuana
Label: HealthSEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...
S&P, Nasdaq drop as consumer sentiment offsets jobs
Label: BusinessNEW YORK (Reuters) - The S&P 500 and the Nasdaq slipped on Friday after consumer sentiment unexpectedly dipped, dampening early enthusiasm from a better-than-expected employment report. The Thomson Reuters/University of Michigan's preliminary consumer sentiment index plunged to 74.5 in early December, the lowest level since August. Wall Street opened higher after U.S....
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