2012 YEAR IN REVIEW

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  • Early Glance: Railroad companies

    Shares of some top railroad companies are up at 10 a.m.: CSX rose $.35 or 1.0 percent, to $33.86. Canadian National Railway Co. rose $.47 or .7 percent, to $66.04. Canadian Pacific Railway Ltd. rose $2.32 ...

  • Submarine hunt sends Cold War chill across Baltic
    Submarine hunt sends Cold War chill across Baltic

    STOCKHOLM (AP) — Sweden's biggest submarine hunt since the dying days of the Soviet Union has put countries around the Baltic Sea on edge.

  • Relatives say snow plow driver in Total CEO plane crash never drinks: lawyer

    MOSCOW (Reuters) - The driver of a snow plow involved in the plane crash that killed the chief executive of French oil major Total denies he is guilty and relatives say he never drinks, his lawyer said on Tuesday. Russia's Investigative Committee said Vladimir Martynenko was in a condition of alcoholic intoxication when the snow plow he was driving was in a collision with the private jet carrying Christophe de Margerie. "He (Martynenko) is in shock. He considers himself guiltless as he followed all the instructions from the dispatcher," lawyer Alexander Karabanov told Reuters. ...

  • Royal baby due date: Could Will & Kate's second child take the throne?

    Prince William and Kate Middleton will be welcoming a second baby in April, Britain's royal family announced Monday.

  • Oregon man said missing after answering Craigslist ad; police probing

    (Reuters) - Oregon authorities are looking into the disappearance of a 19-year-old Portland man, police said on Monday, and an advocacy group said he went missing after he responded to a Craigslist job ad posted by a couple seeking a caregiver. Ian Biggs was dropped off at a downtown Portland train station by a friend on Oct. 11 as he headed to meet the couple in a large park, said Michelle Bart, a spokeswoman for the National Women's Coalition Against Violence and Exploitation, which represents the man's mother. ...

  • 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

  • Swedish navy widens search for mystery submarine
    Swedish navy widens search for mystery submarine

    Stockholm (AFP) - The Swedish navy stepped up its hunt Monday for a suspected foreign submarine in its waters with fingers pointing at Moscow in a throwback to the Cold War.

  • Apple seen riding higher on strong iPhone demand, iPad rebound

    (Reuters) - Strong global demand for Apple Inc's iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sales, analysts said. Apple shares were set to open 2.4 percent higher on Tuesday. The company posted better-than-expected revenue on Monday on the back of a record iPhone launch that saw 39 million of the smartphones sold in the September quarter. ...

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