2012 YEAR IN REVIEW

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  • Nasdaq stocks posting largest percentage decreases

    A look at the 10 biggest percentage decliners on Nasdaq at the close of trading: Kindred Biosciences fell 28.1 percent to $10.21. T2 Biosystems fell 11.1 percent to $20.43. Village Bank and Trust Financial ...

  • Bank of America agrees to nearly $17B settlement
    Bank of America agrees to nearly $17B settlement

    WASHINGTON (AP) — The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.

  • Abandoned Florida panther kitten gets new home in state park

    By Barbara Liston ORLANDO Fla. (Reuters) - A rare Florida panther, found near death as a 1-pound newborn in January, bounded into its permanent new fenced home in a state park on Thursday, now a lively, nearly 50-pound kitten. "He's really a miracle cat," said Susan Strawbridge of the Ellie Schiller Homosassa Springs Wildlife State Park. A critically endangered animal, only 100 to 180 Florida panthers are believed to be in existence. State biologists working at the Florida Panther National Wildlife Refuge in Naples stumbled by chance on the kitten that had been abandoned by its mother in her den, according to Karen Parker of the Florida Fish and Wildlife Conservation Commission.

  • Ukraine accuses Russia of invasion after aid convoy crosses border

    By Natalia Zinets and Dmitry Madorsky KIEV/DONETSK-IZVARINO BORDER CROSSING Russia (Reuters) - Ukraine declared on Friday that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border into eastern Ukraine where pro-Russian rebels are fighting government forces. Moscow, which has thousands of troops close to the Russian side of the border, warned against any attempt to "disrupt" the convoy it said was a purely humanitarian operation;

  • Huge leak shows the 5.5-inch iPhone’s rear shell side-by-side with the 4.7-inch iPhone 6
    Huge leak shows the 5.5-inch iPhone’s rear shell side-by-side with the 4.7-inch iPhone 6

    An image showing the alleged rear shell of the 4.7-inch iPhone 6 next to the same component for the 5.5-inch version has been leaked from a source “deep within Apple’s supply chain in China,” BestTechInfo reports. In case you’re wondering, the same publication previously published on YouTube a hands-on review of an actual backplate for the 4.7-inch model, and has posted similar YouTube videos last year showing back shells for 2013 iPhones before they became official, so it has a pretty decent track record. FROM EARLIER: This is what the iPhone 6 might look like compared to Samsung’s iPhone 6 ‘killer’ According to the source, only a few such 5.5-inch iPhone 6 shells are available in the factory where the photo

  • Shi'ite militias open fire in Iraqi mosque, killing 30 Sunnis

    By Raheem Salman and Alexander Dziadosz BAGHDAD (Reuters) - Iraqi Shi'ite militiamen opened fire on minority Sunni Muslims in a mosque on Friday, killing dozens just as Baghdad is trying to build a cross-community government to fight Sunni Islamists whose rise has alarmed Western powers. One Iraqi security source said 30 people had been killed when the militias attacked the mosque in Baquba, capital of Diyala province northeast of Baghdad, on the Muslim day of prayer. The bloodbath marks a setback for Prime Minister-designate Haider al-Abadi, from the majority Shi'ite community, who is seeking support from Sunnis and ethnic Kurds to take on the Islamic State insurgency that is threatening to tear Iraq apart. In the northern city of Mosul, Islamic State stoned a man to death, witnesses said, as the United States raised the prospect of tackling jihadist safe havens across the border in Syria.

  • Apple is going to extreme lengths to make sure your iPhone 6 is just perfect
    Apple is going to extreme lengths to make sure your iPhone 6 is just perfect

    How much does Apple want to make sure the iPhone 6 is the best it can be? So much that it’s willing to make a last minute change just weeks before its launch that has apparently left its supply chain partners “scrambling.” According to a new report from Reuters, Apple this month sent a key iPhone 6 component “back to the drawing board” for a redesign after the company found that it didn’t make the device’s display bright enough to meet its exacting standards. “Two supply chain sources said display panel production suffered a setback after the backlight that helps illuminate the screen had to be revised, putting screen assembly on hold for part of June and July,” Reuters explains.

  • Ban on filling swimming pools hits communities in parched California

    By Aaron Mendelson SAN FRANCISCO (Reuters) - The California dream of owning a house with a sparkling swimming pool is drying up for would-be swimmers in communities across the state as some local water districts have banned homeowners from filling empty pools in drought-stricken areas.     The restrictions come as California struggles through its third year of a catastrophic drought that has threatened a half-million acres of farmland, dried up reservoirs and shrunk the mountain snowpack that provides drinking water for millions of people.     “What we’re trying to prohibit is someone who makes a decision to empty their pool and then refill it," said Jonathan Volzke, spokesman for the Santa Margarita Water District, which implemented a ban on filling pools this month in several suburbs south of Los Angeles.

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