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 ...

  • Sweden recognises Palestinian state, draws Israeli anger

    Sweden on Thursday officially recognised the state of Palestine, becoming the first major European country to do so, in a move hailed as "historic" by Palestinians but denounced by Israel. "Today the government takes the decision to recognise the state of Palestine," Foreign Minister Margot Wallstroem wrote in the mass-circulation Dagens Nyheter daily, less than a month after Sweden's new government announced the plans to make the controversial move. Sweden's move comes as Israeli-Palestinian tensions soar in Jerusalem following months of almost daily clashes in the city's occupied eastern sector. "All countries of the world that are still hesitant to recognise our right to an independent Palestinian state based on 1967 borders, with east Jerusalem as its capital, (should) follow Sweden's lead," his spokesman quoted him as saying.

  • OK Go Is Back With Another Impressive Viral Music Video
    OK Go Is Back With Another Impressive Viral Music Video

    The indie rock band OK Go has a new and already crazy-viral music video for its song "I Won't Let You Down." The video was created in Chiba, Japan, outside of Tokyo. Released Monday on NBC's Today show, it features dancing Japanese schoolgirls with impressive umbrella skills and a ton of other feats, and it was shot in one continuous take. It got 2.6 million views in just one day!

  • Rocket explosion setback for commercial space
    Rocket explosion setback for commercial space

    CHINCOTEAGUE, Va. (AP) — Crews searched for scorched wreckage along the Virginia coast Wednesday in hopes of figuring out why an unmanned commercial rocket exploded in a blow to NASA's strategy of using private companies to fly supplies and, eventually, astronauts to the International Space Station.

  • Kurds cheer reinforcements for Syria's Kobane
    Kurds cheer reinforcements for Syria's Kobane

    Crowds of flag-waving Kurds greeted Iraqi peshmerga forces travelling through Turkey Wednesday to join rebel fighters reinforcing the Syrian town of Kobane against an attack by the Islamic State group. Another group of several dozen peshmerga flew into the Turkish city of Sanliurfa from Iraq. Separately, dozens of rebel fighters of the Free Syrian Army (FSA) crossed from Turkey to Kobane, officials said, to help Kurdish militia who have faced an onslaught by IS jihadists for more than six weeks. "We don't think Kobane is about to fall in the hands of ISIS," retired US general John Allen told Al-Arabiya television, using an alternative acronym for IS.

  • Patient Zero in Ebola outbreak was Guinean toddler
    Patient Zero in Ebola outbreak was Guinean toddler

    LONDON (AP) — In the Guinean village where the current West African Ebola outbreak began, 14 graves mark the spot where the lethal virus began to spiral out of control.

  • 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.

  • FBI under fire for fake news site to nab suspect
    FBI under fire for fake news site to nab suspect

    The FBI has come under fire from media organizations following disclosures that it created a fake news website to track down a suspect in a bomb threat case. Documents revealed the FBI created a fake Associated Press news article that appeared to be in the Seattle Times, to trick the suspect to install malware that would reveal his location. The incident dates back to 2007, but the documents surfaced this week after a security research for the American Civil Liberties Union tweeted a link to the case file on Monday. "The FBI impersonating the press is just as irresponsible as the CIA running fake immunization programs.

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