2012 YEAR IN REVIEW

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  • Business Highlights

    ___ Alibaba prices IPO at $68 per share Alibaba, the Chinese e-commerce powerhouse named after a fabled, poor woodsman who discovers a thieves' den full of treasures, is ready to strike it rich on the ...

  • Fed and TWTR Overvaluation, Evidence of Looming Market Crash: Stockman
    Fed and TWTR Overvaluation, Evidence of Looming Market Crash: Stockman

    Former Director of the Office of Management and Budget and author of the new book, The Great Deformation, David Stockman, says the Fed has created "the greatest bubble in human history."

  • Mystery illness plagues girls in Colombia
    Mystery illness plagues girls in Colombia

    El Carmen de Bolivar (Colombia) (AFP) - A mystery illness is plaguing girls in this town in northern Colombia, and locals say a vaccine against the sexually transmitted human papillomavirus, or HPV, is to blame.

  • Salmond concedes defeat, demands more Scottish powers fast

    EDINBURGH (Reuters) - Scottish nationalist leader Alex Salmond conceded defeat on Friday over his bid to win independence and demanded the British government rapidly meet its promise of more powers for Edinburgh. "Scotland has by a majority decided not at this stage to become an independent country. I accept that verdict of the people," Salmond told independence supporters in the Scottish capital. ...

  • Texas executes woman for starvation of boy, 9
    Texas executes woman for starvation of boy, 9

    A Texas woman convicted of the starvation and torture death of her girlfriend's 9-year-old son a decade ago was executed Wednesday evening.

  • Scots reject independence in historic vote
    Scots reject independence in historic vote

    Scottish voters have resoundingly rejected independence, deciding to remain part of the United Kingdom after a historic referendum that shook the country to its core. The decision prevented the rupture ...

  • Truck firm faces paying millions in Amtrak crash
    Truck firm faces paying millions in Amtrak crash

    RENO, Nev. (AP) — A Nevada trucking company could be forced to pay more than $5.7 million if a judge formalizes a jury verdict that faulted one of its drivers for a fiery 2011 crash with an Amtrak train that killed six people and injured dozens.

  • Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over
    Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over

    By Noel Randewich and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) - Larry Ellison, co-founder and leader of Oracle Corp for almost four decades, stepped aside as chief executive on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, but stressed that nothing at the business software company will change. The move comes earlier than expected by many investors, and appears designed to address concerns about the company's direction under Ellison, 70, who has been the Oracle's only CEO in its 37-year history. ...

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