2012 YEAR IN REVIEW

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  • Some California wells run dry amid drought
    Some California wells run dry amid drought

    EAST PORTERVILLE, Calif. (AP) — Hundreds of domestic wells in California's drought-parched Central Valley farming region have run dry, leaving many residents to rely on donated bottles of drinking water to get by.

  • Keith Urban Supports Nicole Kidman As Her Father Is Laid To Rest In Sydney
    Keith Urban Supports Nicole Kidman As Her Father Is Laid To Rest In Sydney

    Nicole Kidman laid her father, Antony, to rest at a funeral at St. Francis Xavier Catholic Church in Sydney, Australia on Friday. The actress' husband, Keith Urban, was by her side as she said her goodbyes, and also acted as a pallbearer. Nicole delivered an emotional eulogy about her dad, a psychologist, who passed away on September 12 after falling during a trip to Singapore.

  • Relief over Scotland gives way to 'Great Stagnation' worries

    By Robin Emmott BRUSSELS (Reuters) - Scotland's rejection of independence and a lack of any fireworks at a Fed meeting last week have calmed investors enough to shift the focus back to what some call the "Great Stagnation", and how to avoid it. The Group of 20 leading nations, meeting at the weekend, said they were tantalizingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs. But Europe's extended stagnation remains a major stumbling block and some big emerging economies are flagging too. ...

  • Islamic State closes in on Syrian town, refugees flood into Turkey

    By Daren Butler and Sylvia Westall SURUC Turkey/BEIRUT (Reuters) - Islamic State militants tightened their noose on a northern Syrian border town on Sunday as the United Nations said the number of Syrian Kurds fleeing into neighbouring Turkey may have topped 100,000 and was likely to go much higher. Residents fleeing the frontier town of Ayn al-Arab, known in Kurdish as Kobani, and its surrounding villages said the militants were executing people of all ages in the areas they had seized to create a climate of fear and slavish obedience. ...

  • New Afghan president, but vote totals kept secret
    New Afghan president, but vote totals kept secret

    KABUL, Afghanistan (AP) — Ending months of vote-related tension, Afghanistan's election commission named a new president on Sunday only hours after the two leading candidates signed a power-sharing deal that names one of them as the country's new chief executive.

  • Nationalist leader says Scots tricked out of independence

    By Andrew Osborn and Kylie MacLellan MANCHESTER England (Reuters) - Defeated Scottish nationalist chief Alex Salmond accused Britain's political leaders on Sunday of tricking Scots out of independence after a dispute about how and when to give them more powers. Salmond, who is stepping down as leader of the pro-independence Scottish National Party (SNP) after failing to persuade Scots to leave the United Kingdom, accused Britain's three main political parties of winning last Thursday's referendum by 55-45 percent by making a false promise of new powers. ...

  • What to watch for next week: U.S. dollar, BlackBerry and the end of Q3
    What to watch for next week: U.S. dollar, BlackBerry and the end of Q3

    It’s Alibaba’s world and we’re all just living in it this week, but there’s plenty more to look forward to next week! Yahoo Finance’s Jeff Macke, Aaron Pressman, Michael Santoli and Aaron Task break down everything you need to know before your morning grind on Monday.

  • Netflix tells Canada regulator it shouldn't subsidize 'old media'
    Netflix tells Canada regulator it shouldn't subsidize 'old media'

    By Alastair Sharp TORONTO (Reuters) - Online video streaming service Netflix Inc told Canada's broadcast regulator on Friday that it opposes paying to support "old media" and its own commercial interests and market dynamics were enough to ensure it distributed Canadian content. The submissions from Netflix came on the last day of a two-week hearing on the future of Canadian television in which the Californian company has been painted as a disruptive threat to the country's established cable and broadcast television interests. ...

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