2012 YEAR IN REVIEW

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  • Early Glance: Railroad companies

    Shares of some top railroad companies are mixed at 10 a.m.: CSX fell $.12 or .4 percent, to $34.08. Canadian National Railway Co. rose $.82 or 1.2 percent, to $68.24. Canadian Pacific Railway Ltd. fell ...

  • Greek archaeologists unearth head of sphinx in Macedonian tomb

    ATHENS (Reuters) - Archaeologists unearthed the missing head of one of the two sphinxes found guarding the entrance of an ancient tomb in Greece's northeast, as the diggers made their way into the monument's inner chambers, the culture ministry said on Tuesday. The tomb on the Amphipolis site, about 100 km (65 miles) from Greece's second-biggest city Thessaloniki, has been hailed by archaeologists as a major discovery from the era of Alexander the Great. They say it appears to be the largest ancient tomb to have been discovered in Greece. ...

  • Cyprus to block Turkey's EU bid over gas dispute

    NICOSIA, Cyprus (AP) — European Union member Cyprus will oppose any progress in Turkey's ongoing talks to join the 28-nation bloc in response to a Turkish gas search in waters where Cyprus has already licensed companies to drill, an official said Tuesday.

  • Embarrassed Williams suffers humbling defeat

    By Patrick Johnston SINGAPORE (Reuters) - Ecstasy and euphoria are the usual emotions world number one Serena Williams experiences on a tennis court. On Wednesday, she encountered a different one - embarrassment. One of the game's all-time greats, a winner of 18-grand slam singles crowns, 63 WTA titles, the owner of four Olympic gold medals, Williams has become accustomed to success. But on Singapore's purple indoor hard court on Wednesday, Simona Halep took her back 16 years to a time when, as a teenager, she was trying to make a name for herself. ...

  • Turkey's Erdogan says U.S. weapons airdrop on Kobani was wrong
    Turkey's Erdogan says U.S. weapons airdrop on Kobani was wrong

    ANKARA (Reuters) - Turkish President Tayyip Erdogan said on Wednesday it was wrong of the United States to air drop military supplies to Kurdish fighters defending the Syrian border town of Kobani, as some weapons were seized by Islamic State militants besieging it. The Pentagon said on Tuesday the vast majority of the U.S. supplies dropped on Sunday had reached the Kurdish fighters despite an online video showing Islamic State jihadists with a bundle. "What was done here on this subject turned out to be wrong. ...

  • Here’s the letter CEO Tim Cook sent to employees following Apple’s monster Q4
    Here’s the letter CEO Tim Cook sent to employees following Apple’s monster Q4

    Apple absolutely crushed its fiscal fourth-quarter earnings. Even the most bullish estimates were light when Apple revealed on Monday that it racked up a massive $8.5 billion net profit on $42.12 billion in sales — both records for the September quarter. The company sold 39.3 million new iPhone handsets in the quarter, which was also a record that was undoubtedly made possible by Apple’s huge iPhone 6 and iPhone 6 Plus launch last month. To congratulate his team on Apple’s record-smashing quarter, Cook sent the following internal letter to his staff: Team, Today we reported Apple’s highest September quarter revenue ever and our strongest revenue growth rate in seven quarters. These very strong results were made possible by your hard work

  • Toys R Us pulls 'Breaking Bad' dolls
    Toys R Us pulls 'Breaking Bad' dolls

    NEW YORK (AP) — Toys R Us is pulling its four collectible dolls based on characters from AMC's hit series "Breaking Bad" after taking heat from a Florida mom who launched a petition campaign last week.

  • Gov't seeks supplies for immigration documents
    Gov't seeks supplies for immigration documents

    WASHINGTON (AP) — The Homeland Security Department appears to be preparing for an increase in the number of immigrants applying for work permits after President Barack Obama announces his long-promised plans for executive actions on immigration reform later this year.

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