2012 YEAR IN REVIEW
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- NYSE stocks posting largest percentage increases
A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.: Inphi Corp. rose 30.3 percent to $16.66. Rubicon Project rose 21.1 percent to $12.38. Twitter Inc. rose 20.7 percent to ...
- Tennis-No backhanded compliments for Federer from Edberg
By Steve Keating TORONTO (Reuters) - Roger Federer's backhand has been described as a thing of beauty and perhaps the most exquisite stroke the tennis world has seen, but his coach Stefan Edberg feels his was a little better. "A lot of the other strokes I think he does a lot better than I did but I'll give myself a bit of favor with my backhand," Edberg said on a conference call ahead of the Aug. 2-10 Rogers Cup in Toronto where Federer will launch his North American hardcourt season. Edberg was brought on board last December to help revive Federer's flagging career, and the stylish Swede has proven to be the ideal complement to the Swiss maestro, both men being of similar unflustered temperament and demeanor.
- Obama says strains over Ukraine not leading to new Cold War with Russia
By Steve Holland and Anna Yukhananov WASHINGTON (Reuters) - President Barack Obama escalated U.S. economic sanctions against Russia on Tuesday for its aggression against Ukraine but dismissed suggestions the growing chill in U.S.-Russian relations marked the start of a new Cold War. The United States and the European Union, in a carefully coordinated action, announced targeted new sanctions against Russian banks, energy and defense firms. It was the West's most serious response yet to what it calls Russian instigation of and continuing support for the separatist uprising in the east and the shootdown of a Malaysian passenger jet on July 17 over eastern Ukraine. Obama, speaking at the White House, said the sanctions would have a "greater impact on the Russian economy than we've seen so far" in a drive to force Moscow to stop backing the separatists.
- Rocket blasts off with U.S. ‘neighborhood watch’ spy satellites
An unmanned Delta 4 rocket blasted off from Cape Canaveral Air Force Station in Florida on Monday with a pair of U.S. military satellites designed to keep watch on other countries’ spacecraft. The 206-foot (63-meter) tall rocket, built by United Launch Alliance, a partnership of Lockheed Martin and Boeing, lifted off at 7:28 p.m. EDT and blazed through partly cloudy skies as it headed into orbit, a United Launch Alliance live webcast showed. Launch of two satellites for the U.S. Air Force’s recently declassified Geosynchronous Space Situational Awareness Program, or GSSAP, had been slated for July 23, but was delayed one day to resolve a technical issue with ground support equipment and then three more times by poor weather. Once in orbit, the GSSAP satellites, built by Orbital Sciences Corp, will drift above and below a 22,300-mile (35,970-km) high zone that houses most of the world's communications satellites and other spacecraft.
- Don’t be fooled, all is not well for stocks
- Cellphone users hit for 'hundreds of millions' in bogus charges: Senate study
By Diane Bartz WASHINGTON (Reuters) - U.S. mobile phone users have likely paid hundreds of millions of dollars in unauthorized charges "crammed" onto their bills, according to a report released by the U.S. Senate Commerce Committee on Wednesday ahead of a hearing on the subject. "Some carrier policies allowed vendors to continue billing consumers even when the vendors had several months of consecutively high consumer refund rates – and documents obtained by the committee indicate this practice occurred despite vendor refund rates that at times topped 50 percent of monthly revenues," the report found. In early July, a federal court in California shut down six companies accused of cramming more than $100 million in unauthorized charges on consumers' cellphone bills, according to the Federal Trade Commission. It is asking the company to refund the unauthorized charges.
- Celebrities stir passions with Gaza views
Pop idols and professional athletes are going public with strong views about Gaza, putting their relations with fans on the line while stirring up a social media frenzy. More often than not, celebrity sympathies have been leaning in favor of Palestinians as the Israeli assault on Hamas rolls into its fourth week and the death toll keeps rising. Zayn Malik of the British boy band One Direction was the latest boldface name to voice his concern when he posted "#FreePalestine" on his Twitter account Sunday. "People who don't live in Israel don't have any right to say their opinion out loud," tweeted one young woman, Shaked Erez, who added the hashtag #freeisrael for good measure.
- Geraldo Rivera Causes Controversy: 'What a Woman Brings to a Marriage More Than Anything Else ... Is …
On Monday, Geraldo Rivera, no stranger to controversy, stirred things up again while appearing on the Fox News show "Outnumbered." In a segment on what 20-somethings really want in a marriage, the talk turned to the concept of "beta marriages," in which the union can be formalized or dissolved after a two-year trial period with no paperwork or hassle, allowing partners to see if they want to continue beyond a short-term commitment.