Feb
23

FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...
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Investors face another Washington deadline

NEW YORK (Reuters) - Investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large. Investors in sectors most likely to be affected by the cuts, like defense, seem untroubled that the budget talks could send stocks tumbling. Talks on the U.S. budget...
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Italians head to polls in crucial vote for euro zone

ROME (Reuters) - Italians vote on Sunday in one of the most closely watched elections in years with markets nervous about whether it will produce a strong government to pull Italy out of recession and help resolve the euro zone debt crisis. A huge final rally by anti-establishment-comedian-turned-politician Beppe Grillo on Friday before a campaigning ban kicked in has highlighted public...
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Sorry, but there’s no defense for the Chromebook Pixel

I had originally decided not to write about how ridiculous Google’s (GOOG) Chromebook Pixel pricing was on Thursday because I figured it was so self-evident that I’d just be repeating what everyone else was already saying. But today I’ve found two contrarian pieces, one from Quartz and one from ZDNet, that make the case that the Chromebook Pixel actually is a brilliant move on Google’s part even if...
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Predict the Oscar Winners!

Facebook Tweet Facebook Tweet Cast your vote for who will be the night's big winners Click here to download a printable ballot. Click here to download a printable ballot. Pollscompleted:...
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Feb
22

FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...
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Wall Street rebounds on HP results, Fed officials' views

NEW YORK (Reuters) - U.S. stocks rose on Friday as Dow component Hewlett-Packard surged on strong results and comments from Fed officials allayed fears that the central bank would curtail its stimulus measures. Federal Reserve Chairman Ben Bernanke downplayed worries that the Fed has fueled asset bubbles that could hurt the economy in a private meeting with bond dealers and investors...
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Abe vows to revive Japanese economy, sees no escalation with China

WASHINGTON (Reuters) - Japanese Prime Minister Shinzo Abe told Americans on Friday "I am back and so is Japan" and vowed to get the world's third biggest economy growing again and to do more to bolster security and the rule of law in an Asia roiled by territorial disputes. Abe had firm words for China in a policy speech to a top Washington think-tank, but also tempered his remarks by...
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The end of unlimited BBM could erode BlackBerry’s standing in emerging markets

South Africa has been one of BlackBerry’s (BBRY) key markets globally and the Canadian vendor has held more than 50% of the smartphone market there for years. As the BlackBerry Z10 now rolls out in South Africa, the country will be a key testing ground for a potentially controversial development. Local mobile operators will no longer offer unlimited BlackBerry Messenger service after May 31st, just...
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Danica Patrick Opens Up About Dating Competitor Ricky Stenhouse, Jr.

By Dahvi Shira 02/22/2013 at 07:25 PM EST Danica Patrick and Ricky Stenhouse Jr. Tom Pennington/NASCAR/Getty Danica Patrick knows mixing business with pleasure isn't wise, but it's not stopping her."I don't think it was a good idea. [But] there was nothing I...
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Feb
21

APNewsBreak: Govs to hear Oregon health care plan

SALEM, Ore. (AP) — Oregon Gov. John Kitzhaber will brief other state leaders this weekend on his plan to lower Medicaid costs, touting an overhaul that President Barack Obama highlighted in his State of the Union address for its potential to lower the deficit even as health care expenses climb.The Oregon Democrat leaves for Washington, D.C., on Friday to pitch his plan that changes the way doctors...
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Wall Street ends lower on growth worries

NEW YORK (Reuters) - U.S. stocks fell for a second straight day on Thursday and the S&P 500 posted its worst two-day loss since November after reports cast doubt over the health of the U.S. and euro-zone economies. But a late-day rally helped stocks erase some of their losses with most of the pullback concentrated in the technology- heavy Nasdaq. The move suggested investors were...
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French, Malian forces fight Islamist rebels in Gao

GAO, Mali (Reuters) - French and Malian troops fought Islamists on the streets of Gao and a car bomb exploded in Kidal on Thursday, as fighting showed little sign of abating weeks before France plans to start withdrawing some forces. Reuters reporters in Gao in the country's desert north said French and Malian forces fired at the mayor's office with heavy machineguns after Islamists were reported...
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NZ’s Telecom lowers profit guidance, sees job cuts

WELLINGTON (Reuters) – New Zealand’s Telecom Corp Ltd lowered its earnings guidance for the year and warned of hundreds of job cuts as the country’s biggest telecommunications company struggles to compete on broadband pricing and in its business operations.The top-10 firm warned that ongoing restructuring would result in more job losses down the line and could see full-year adjusted earnings come...
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Cressida 'Cress' Bonas: 5 Things About Prince Harry's New Squeeze

By Simon Perry 02/21/2013 at 07:50 PM EST Prince Harry and Cressida Bonas Bauer-Griffin; Splash News Online It's love on the slopes for Prince Harry – who has been spending some of his downtime since returning from Afghanistan rekindling his relationship with society gal Cressida Bonas.With...
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Feb
20

Agency checks water after body found in hotel tank

LOS ANGELES (AP) — British tourist Michael Baugh and his wife said water had only dribbled out of the taps at the downtown Cecil Hotel for days.On Tuesday, after showering, brushing their teeth and drinking some of the tap water, they headed down to the lobby and found out why.The body of a Canadian woman had been discovered at the bottom of one of four cisterns on the roof of the historic hotel near...
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Wall Street ends down sharply after Fed minutes

DEAR ABBY: My boyfriend, "Doug" (24), and I (22) have been in a long-distance relationship for a year, but we were friends for a couple of years before that. I had never had a serious relationship before and lacked experience. Doug has not only been in two other long-term relationships, but has had sex with more than 15 women. One of them is an amateur porn actress.I knew about this, but it didn't...
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French general urges EU to equip "impoverished" Mali army

BAMAKO, Mali (Reuters) - The European Union should complement a mission to train Mali's army, routed by rebels last year, by providing equipment from uniforms to vehicles and communications technology, a French general said on Wednesday. General Francois Lecointre, appointed to head the EU training mission to Mali (EUTM) that was formally launched this week, said in Bamako equipping the...
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Cuban dissident blogger inflames splits in Brazil’s Congress

BRASILIA (Reuters) – Cold War politics appeared to take over Brazil‘s Congress on Wednesday during a visit by Cuban blogger Yoani Sanchez, with leftists heckling her as a pawn of U.S. imperialism and others praising her for standing up to Cuba‘s communist government.Sanchez, Cuba’s best-known dissident, has been followed by boisterous sympathizers of the Cuban government since she arrived in Brazil...
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Oscar Preview: Les Mis, Chicago Casts to Sing & Dance

By Stephen M. Silverman 02/20/2013 at 07:00 PM EST From left: Hugh Jackman and Anne Hathaway, in Les Misérables, and Catherine Zeta Jones, in Chicago Universal (2); Miramax Strike up the band, for Sunday night's Oscars promise to be very musical.In the most detailed preview yet of what is...
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Feb
19

Drug overdose deaths up for 11th consecutive year

CHICAGO (AP) — Drug overdose deaths rose for the 11th straight year, federal data show, and most of them were accidents involving addictive painkillers despite growing attention to risks from these medicines."The big picture is that this is a big problem that has gotten much worse quickly," said Dr. Thomas Frieden, head of the Centers for Disease Control and Prevention, which gathered and analyzed...
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M&A deals lift Wall Street shares nearer a record high

NEW YORK (Reuters) - U.S. stocks rose on Tuesday as this year's ongoing surge in merger activity suggested investors were still finding value in the market even as indexes closed in on all-time highs. Office Depot Inc surged 9.4 percent to $5.02 after a person familiar with the matter said the No. 2 U.S. office supply retailer was in advanced talks to merge with smaller rival OfficeMax...
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Syria "Scud-type" missile said to kill 20 in Aleppo

AMMAN (Reuters) - A Syrian missile killed at least 20 people in a rebel-held district of Aleppo on Tuesday, opposition activists said, as the army turns to longer-range weapons after losing bases in the country's second-largest city. The use of what opposition activists said was a large missile of the same type as Russian-made Scuds against an Aleppo residential district came after rebels...
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Nexus 7 sales soared in 2012, but still fell short of iPad mini and Kindle Fire

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What's Next for Mindy McCready's Two Young Boys?

By Steve Helling 02/19/2013 at 07:00 PM EST Mindy McCready's apparent suicide on Sunday has left her two young sons in custodial limbo.The boys – Zander, 6, and Zayne, 10 months – had been in state custody since Feb. 7, when McCready called police to ask for help in making her father and stepmother leave her...
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