Dec
15

Apple falls on lower shipment forecasts, muted China debut

(Reuters) - Apple Inc shares fell 3.9 percent on Friday after the iPhone 5 debuted in China to a cool reception and two analysts cut shipment forecasts. Jefferies analyst Peter Misek trimmed his iPhone shipment estimates for the Jan-March quarter, saying that the technology company had started cutting orders to suppliers to balance excess inventory. Shares of Apple suppliers Jabil Circuit...
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7 schools leaving Big East

WASHINGTON (AP) — The seven Big East schools that don't play FBS football have decided to leave the conference and pursue a new basketball framework.The presidents of the seven schools made the announcement Saturday, saying it was a unanimous vote.The move leaves Connecticut, a founding member of the league in 1979, Cincinnati and South Florida — three current members with FBS football programs —...
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As Conn. story unfolds, media struggle with facts

NEW YORK (AP) — The scope and senselessness of the Newtown, Conn., school shooting challenged television journalists’ ability to do much more than lend, or impose, their presence on the scene.Pressed with the awful urgency of the story, TV, along with other media, fell prey to reporting “facts” that were often in conflict or wrong.How many people were killed? Which Lanza brother was the shooter: Adam...
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Fewer health care options for illegal immigrants

ALAMO, Texas (AP) — For years, Sonia Limas would drag her daughters to the emergency room whenever they fell sick. As an illegal immigrant, she had no health insurance, and the only place she knew to seek treatment was the hospital — the most expensive setting for those covering the cost.The family's options improved somewhat a decade ago with the expansion of community health clinics, which offered...
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As Conn. story unfolds, media struggle with facts

NEW YORK (AP) — The scope and senselessness of the Newtown, Conn., school shooting challenged television journalists' ability to do much more than lend, or impose, their presence on the scene.Pressed with the awful urgency of the story, TV, along with other media, fell prey to reporting "facts" that were often in conflict or wrong.How many people were killed? Which Lanza brother was the shooter: Adam...
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Retailers hope shoppers pick up pace

Debbie Scarlati experienced a bit of anxiety when she realized that Christmas Day was just 11 days away."Truly, I was a whole...
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Dec
14

At least 20 dead, including children, in Conn. school shooting

A shooting at a Connecticut elementary school today left 26 people dead, including children and adults, according to multiple reports. A gunman was also dead, officials said. ...
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Apple falls on lower shipment forecasts, muted China debut

(Reuters) - Apple Inc shares fell 3.9 percent on Friday after the iPhone 5 debuted in China to a cool reception and two analysts cut shipment forecasts. Jefferies analyst Peter Misek trimmed his iPhone shipment estimates for the Jan-March quarter, saying that the technology company had started cutting orders to suppliers to balance excess inventory. Shares of Apple suppliers Jabil Circuit...
Read More..

Hamilton agrees to $125M, 5-year deal with Angels

LOS ANGELES (AP) — Josh Hamilton is heading to the Los Angeles Angels, lured with a $125 million, five-year contract that steps up the migration of high-profile stars to Southern California.The Angels persuaded the free-agent outfielder to leave the Texas Rangers with their third big-money offseason signing in as many years. Hamilton heads to Anaheim after first baseman Albert Pujols came West for...
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“X Factor” judge L.A. Reid quitting TV talent show

LOS ANGELES (Reuters) – L.A. Reid, “The X Factor” judge, says he is leaving the TV talent show next season after two years on the panel.Reid, 56, chairman and chief executive of Epic Records, told “Access Hollywood,” the television program and website, he has decided to leave the Fox reality singing show to return to the record label full time.“I have decided that I will not return to ‘The X Factor’...
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