WASHINGTON (Reuters) – A months-long battle over the U.S. “fiscal cliff” headed to a close on Tuesday as the House of Representatives moved toward final approval of a bipartisan deal meant to prevent Washington from pushing the world’s biggest economy into recession.The Republican-controlled House was expected to back a tax hike on the top U.S. earners shortly before midnight on Tuesday, ending weeks...
Dec
31
U.S. heading off ‘fiscal cliff’ despite Senate efforts
Label: BusinessWASHINGTON (Reuters) – The United States was headed over the “fiscal cliff” – at least temporarily – at midnight on Monday as time was running out for lawmakers to back a last-minute deal between the White House and Senate leaders to avert severe tax increases and spending cuts.After months of fruitless argument between Republicans and Democrats, the White House and Senate reached an agreement that...
Pope marks end of difficult year, notes God’s good
Label: WorldVATICAN CITY (AP) — Pope Benedict XVI marked the end of a difficult year Monday by saying that despite all the death and injustice in the world, goodness prevails.Benedict celebrated New Year’s Eve with a vespers service in St. Peter’s Basilica to give thanks for 2012 and look ahead to 2013. He appeared tired during the service and used a cane afterward — an indication that the busy Christmas season...
Movers roundup: Facebook, Best Buy
Label: TechnologyAmong the stock activity stories for Monday, Dec. 31, from AP Business News:— Shares of Facebook Inc. rose after an analyst said advertising spending was picking up on the Internet social network and raised his rating on its stock.— Shares of Best Buy Co. rose on light volume as the struggling electronics retailer closed out a rocky year.— Shares of Duff & Phelps Corp. rose on news that the company...
Movers roundup: Facebook, Best Buy
Label: TechnologyAmong the stock activity stories for Monday, Dec. 31, from AP Business News:— Shares of Facebook Inc. rose after an analyst said advertising spending was picking up on the Internet social network and raised his rating on its stock.— Shares of Best Buy Co. rose on light volume as the struggling electronics retailer closed out a rocky year.— Shares of Duff & Phelps Corp. rose on news that the company...
Is Tom Cruise still a go-to action hero? Hollywood, “Jack Reacher” say yes
Label: LifestyleLOS ANGELES (TheWrap.com) – Given his age and the tough year he’s had in the tabloids, is Tom Cruise still a go-to guy when Hollywood is looking for an action hero?The answer is yes, based on the performance of his current movie, Paramount‘s “Jack Reacher.” It’s taken in $ 45 million in the 10 days since opening with $ 15.6 million in a very crowded and competitive holiday market. Its second week...
Steroids loom in major-college football
Label: HealthWASHINGTON (AP) — With steroids easy to buy, testing weak and punishments inconsistent, college football players are packing on significant weight — 30 pounds or more in a single year, sometimes — without drawing much attention from their schools or the NCAA in a sport that earns tens of billions of dollars for teams.Rules vary so widely that, on any given game day, a team with a strict no-steroid...
Dec
30
Washington pushes United States to edge of “fiscal cliff”
Label: BusinessWASHINGTON (Reuters) – Lawmakers pushed the country to the edge of the “fiscal cliff” on Sunday as they struggled to reach a last-minute deal that could protect the world’s largest economy from a politically induced recession.Democratic and Republican leaders in the Senate had hoped to clear the way for swift action that would avert sweeping tax increases and spending cuts due to kick in on Tuesday.But...
Pakistan militants kill 41 in mass execution, attack on Shi’ites
Label: WorldPESHWAR, Pakistan (Reuters) – Pakistani militants, who have escalated attacks in recent weeks, killed at least 41 people in two separate incidents, officials said on Sunday, challenging assertions that military offensives have broken the back of hardline Islamist groups.The United States has long pressured nuclear-armed ally Pakistan to crack down harder on both homegrown militants groups such as...
Kobe Bryant Finally Joins Twitter — Kind Of
Label: TechnologyLong among the sports world’s biggest Twitter holdouts, Kobe Bryant has finally joined the social network. But he hasn’t opened an account, and won’t be around for long.Social savvy fans are being blessed with his presence thanks to Nike Basketball, which has turned over its account to Bryant since Tuesday.[More from Mashable: Avery Johnson’s Teenage Son Unloads on Twitter After NBA Firing]Nike Basketball,...
Subscribe to:
Posts (Atom)
Copyright © sky News. All rights reserved.
Design 
