2012 YEAR IN REVIEW

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  • Final Glance: Railroad companies

    Shares of some top railroad companies were down at the close of trading: CSX fell $.22 or .6 percent, to $33.98. Canadian National Railway Co. fell $.61 or .9 percent, to $66.81. Canadian Pacific Railway ...

  • Manufacturing moving from China to US: survey

    Large manufacturers are increasingly moving production back to the United States from China, according to a new report by The Boston Consulting Group released Thursday. In the third annual survey of US-based senior executives at manufacturing companies with annual sales of at least $1 billion, the number of respondents who said their companies were currently reshoring to the US from China increased 20 percent from a year ago. “Given the fact that China's wage costs are expected to grow, do you expect your company will move manufacturing to the United States?" the August survey asked executives at an unspecified number of companies that currently manufacture in China. After watching the US bleed jobs for years as manufacturers offshored production to China, "now we're watching a switchback," Harold Sirkin, a co-author of the BCG research, told AFP.

  • Canada's Rogers says profit falls 28 percent, eyes rebound

    By Alastair Sharp TORONTO (Reuters) - Canadian telecom and media company Rogers Communications Inc posted a 28 percent decline in third-quarter net income on Thursday, but reaffirmed its profit targets for the year as it heralded the end of a corporate shuffle. Rogers, the country's largest provider of cellular service, added just 17,000 net wireless subscribers on contracts, who typically spend more per month and are less likely to switch providers than those who pay for service upfront. That was a sharp drop from the 64,000 added a year ago. ...

  • Schumacher will need years to recover says doctor

    A French doctor treating stricken former Formula One champion Michael Schumacher said Thursday that the German ace was making progress, but will need years to recover. Jean-Francois Payen also praised Schumacher's wife Corinna for the devotion she has shown to the racing driver since his devastating ski accident in December, in which he suffered life-threatening brain injuries. "I have noticed some progress but I would say we will have to give him time," Payen, who treated Schumacher at the Grenoble hospital where Schumacher was taken after the accident, told RTL radio. The doctor said that Corinna Schumacher had played a key role in her husband's progress.

  • Judge nixes Teresa Giudice's halfway house bid
    Judge nixes Teresa Giudice's halfway house bid

    NEWARK, N.J. (AP) — A federal judge won't recommend that prison officials allow "Real Housewives of New Jersey" star Teresa Giudice to serve most of her prison sentence in a halfway house.

  • NATO intercepts Russian jets over Baltic Sea
    NATO intercepts Russian jets over Baltic Sea

    HELSINKI (AP) — NATO scrambled fighter jets twice in two days to intercept Russian military aircraft over the Baltic Sea, it said Tuesday amid reports that Russian military activity in the region is increasing.

  • This might be one of the iOS storage bugs that’s preventing you from jumping to iOS 8
    This might be one of the iOS storage bugs that’s preventing you from jumping to iOS 8

    One of the most important reasons for some iOS 7 users not to upgrade to iOS 8 is storage space, as both the iOS 8 or the iOS 8.1 updates require plenty of storage for over-the-air upgrades. Apple enthusiast John Gruber found one potential explanation for this particular iOS problem coming from Kevin Hamm, who has figured out how the device’s storage can been taken over by “Other” files. FROM EARLIER: The iPhone 6 might be low-res, but Apple’s highest-resolution device ever is coming soon In addition to seeing specifics about an iPhone’s or iPad’s contents when connecting it to iTunes — such as music, photos, movies and apps — you might also notice a yellow “Other” category in the bottom storage bar

  • Iraqi Kurds agree reinforcements for embattled Kobane
    Iraqi Kurds agree reinforcements for embattled Kobane

    Arbil (Iraq) (AFP) - Iraqi Kurdish lawmakers agreed Wednesday to send much-needed reinforcements to fellow Kurds battling to stop the key Syrian border town of Kobane from falling into the hands of the Islamic State group.

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