2012 YEAR IN REVIEW

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  • Early Glance: Railroad companies

    Shares of some top railroad companies are down at 10 a.m.: CSX fell $.33 or .9 percent, to $35.08. Canadian National Railway Co. fell $.34 or .5 percent, to $69.04. Canadian Pacific Railway Ltd. fell $1.72 ...

  • Samsung's Q3 profit plunges to near three-year low
    Samsung's Q3 profit plunges to near three-year low

    Samsung reported its smallest quarterly profit in nearly three years on Thursday as its key smartphone business faltered under competition from Apple's iPhone6 and Chinese handset makers in an increasingly saturated market. Operating profit also dropped 60 percent from a year ago to 4.06 trillion won, while sales tumbled about 20 percent to 47.4 trillion won, Samsung said in a statement. Samsung has a diverse product line ranging from memory chips to home appliances, but it's the mobile division that had driven the company's record profit surge of recent years. The current slump was starkly reflected in the fact that the mobile unit's operating profit in the third quarter accounted for 43 percent of the company's total, compared to 76 percent just six months ago.

  • U.S. focuses on Islamic State targets near Kobani, Syria: U.S. Central Command

    WASHINGTON (Reuters) - U.S. forces staged 10 air strikes on Islamic State targets near the Syrian city of Kobani since Wednesday, U.S. Central Command said. The raids in the Kobani area were among 12 in Syria by U.S. fighters and bombers. The Kobani strikes hit two small Islamic State units and destroyed seven fighting positions and five buildings, Central Command said. Strikes also damaged an Islamic State headquarters building near Dayr Az Zawr and a security building near Ar Raqqah. U.S. ...

  • Electric-car drivers trading gas for solar power
    Electric-car drivers trading gas for solar power

    DETROIT (AP) — Owners of electric vehicles have already gone gas-free. Now, a growing number are powering their cars with sunlight.

  • SEASON SIGNALS TIME TO CHANGE BATTERIES AS WELL AS CLOCKS

    DEAR ABBY: Smoke alarms are one of the greatest fire safety success stories of our time. Since they were introduced in 1975, home fire deaths have been cut in half, even as the nation's population has increased by half. But far too many people let the batteries in their smoke alarms wear out, or even remove them to avoid occasional nuisance alarms. And too many people -- and their families -- pay for their neglect or poor judgment with their lives.About 2,500 people a year die in structural -- mostly residential -- fires. ...

  • Milosevic's widow ridicules EU lifting sanctions
    Milosevic's widow ridicules EU lifting sanctions

    BELGRADE, Serbia (AP) — Slobodan Milosevic's exiled widow ridiculed the European Union's decision to lift a 15-year freeze on assets of the former Serbian strongman, saying in an interview published Thursday that the family has no property outside Serbia.

  • Ukraine gas supplies in doubt as Russia seeks EU payment deal
    Ukraine gas supplies in doubt as Russia seeks EU payment deal

    By Alastair Macdonald BRUSSELS (Reuters) - Ukraine's efforts to unblock deliveries of Russian gas as winter sets in were deadlocked on Thursday as Moscow's negotiators were quoted demanding firmer commitments from the European Union to cover Kiev's pre-payments for energy. EU-hosted talks were adjourned after running late into the night, Energy Minister Alexander Novak and the head of Russian gas firm Gazprom told Russian news agencies. They would resume later in the day if Ukraine and the EU had a firm financing deal in place, Gazprom head Alexei Miller said. ...

  • Sistine chapel dazzles after technological makeover
    Sistine chapel dazzles after technological makeover

    High above the altar in the Vatican's Sistine Chapel, the halo around Jesus Christ's head in Michelangelo's famous frescoes shines with a brighter glow, thanks to a revolutionary new lighting system. A state of the art ventilation system has also been installed to protect the frescoes from humidity, enabling up to 2,000 people at a time to safely visit one of the world's top tourist attractions, which draws over six million people a year. The venture was funded in part by European Union funds, with the rest donated to the Vatican in expertise, technology and man hours by the various companies taking part. "The LEDs have a colour spectrum specifically designed with the pigmentation of the frescos in mind to ensure the light faithfully reflects the original colours, as the artists intended," said Marco Frascarolo, who works for Fabertechnica, one of the companies behind the new system.

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