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 ...

  • Mexico probes Miley Cyrus show over flag-whipping
    Mexico probes Miley Cyrus show over flag-whipping

    Monterrey (Mexico) (AFP) - US pop star Miley Cyrus has caused a stir in Mexico after getting whipped on a giant fake buttocks with the country's flag during a concert, prompting an official investigation.

  • "The Retiree Next Door": How successful retirees stretch their savings
    "The Retiree Next Door": How successful retirees stretch their savings

    In a new ebook, MoneyTips.com asks retirees how they managed to retire successfully.

  • Ukraine's pleas for lethal aid from US go unmet
    Ukraine's pleas for lethal aid from US go unmet

    WASHINGTON (AP) — In a show of solidarity with Ukraine, President Barack Obama welcomed the new leader of the embattled former Soviet republic to the White House Thursday, but he stopped short of fulfilling his visitor's urgent request for lethal aid to fight Russian-backed separatists.

  • Yahoo rakes in another jackpot from Alibaba's IPO

    SAN FRANCISCO (AP) — Yahoo is making amends for years of blundering with one smart move: an early investment in China's Alibaba Group that has turned into a multibillion-dollar boon.

  • Researchers locate site of gas chambers in Poland
    Researchers locate site of gas chambers in Poland

    WARSAW, Poland (AP) — Polish and Israeli Holocaust researchers say they have discovered the exact location of the building that housed gas chambers at Sobibor, one of the death camps operated by Nazi Germany in occupied Poland.

  • Scotland votes: UK loses no matter what the outcome
    Scotland votes: UK loses no matter what the outcome

    The polls are open in Scotland, and voters are casting their ballots in the referendum on Scottish Independence from the United Kingdom. The 4.2 million registered voters will face a simple question, “Should Scotland be an independent country?” They will be able to answer with yes or no. Voting is open from 7am to 10pm, and the results will be revealed Friday morning, around 1am Eastern Time.

  • 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.

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