2012 YEAR IN REVIEW

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  • NYSE stocks posting largest percentage decreases

    A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading: Bankrate Inc. fell 13.7 percent to $11.92. Noranda Aluminum Holdings Corp. fell 8.3 percent to $5.16. Douglas ...

  • Business Highlights

    ___ 'Minecraft' could boost Microsoft's mobile reach Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile ...

  • Don't Underestimate Smartwatches
    Don't Underestimate Smartwatches

    It's important to understand that like the iPhone before it, the Apple Watch isn't at all what its name would imply. Just as smartphones have become supercomputers in our pockets, the Apple Watch and its many competitors, including Android-powered devices from Motorola and Samsung Electronics, are poised to become something more. "There's so much [the Apple Watch] can do that we haven't really even talked about," Tim Cook told USA Today on the day of the announcement. When a company like Google or Apple deliberately creates a place for other companies to sell their own, complementary wares, it is called a platform.

  • Action against Islamic State would prevent genocide-NATO
    Action against Islamic State would prevent genocide-NATO

    By Adrian Croft BRUSSELS (Reuters) - Military intervention against Islamic State militants could be justified on the grounds of self-defense or preventing a campaign "pretty close to genocide", NATO Secretary-General Anders Fogh Rasmussen said on Monday. Rasmussen said the threat posed by Islamic State "requires a military response to degrade and defeat this terrorist organization" but he said NATO as an organization would not be undertaking military strikes against the group. "We are not considering ... a leading NATO role in this operation. ...

  • U.S. to help train people to spot potential violent extremists
    U.S. to help train people to spot potential violent extremists

    "Today, few threats are more urgent than the threat posed by violent extremism," Attorney General Eric Holder said in a video announcing the program. The Department of Justice, the White House, and other agencies are starting a series of pilot programs to bring together community leaders, law-enforcement officials, and others to develop a strategy to counter the threat, Holder said. While existing programs have focused on community leaders, the new programs will also include teachers and mental health and social services professionals to provide more support and develop ways to spot potential extremists, an official familiar with the program said.

  • Chinese protesters march against trash incinerator

    BEIJING (AP) — Residents in a southern Chinese town protested for a second day Sunday against a proposed garbage incinerator, according to witnesses, as police said ringleaders of the earlier demonstrations involving thousands that saw clashes with police should surrender.

  • Bluefin Tuna Are Showing Up in the Arctic—and That’s Not Good News

    When you throw a net into the ocean, you never know what you’ll pull out.

  • Fed meeting kicks off Tuesday; here’s why it shouldn’t raise rates
    Fed meeting kicks off Tuesday; here’s why it shouldn’t raise rates

    The Federal Reserve’s two-day policy meeting kicks off tomorrow and investors everywhere will be eagerly awaiting any guidance about when The Fed might begin raising interest rates. Though sources close to the matter believe that the FOMC is coming close to finalizing its plan to wind down the last of its stimulus program, it’s unlikely that anything will be announced this week. The Fed is still on track to end its bond-buying program in October.

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