2012 YEAR IN REVIEW

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  • Business Highlights

    ___ Not so fast cordcutters_cable's not going anywhere Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television ...

  • IBM struggles to reinvent itself in an age of cloud

    By Marina Lopes WASHINGTON (Reuters) - When IBM Corp CEO Ginni Rometty was asked recently for her tips on how to transform companies, she spoke of "relentless reinvention" and not protecting the past. Applying those precepts to IBM is proving particularly tricky as many of the company's old-line businesses have already been shut down or sold, while the units that are supposed to push future growth, such as cloud and security, face stiff competition. Earlier on Monday, IBM reported a marked slowdown in business in September and abandoned its 2015 operating earnings target. ...

  • Hong Kong's Leader Laments How Democracy Would Help the Poor
    Hong Kong's Leader Laments How Democracy Would Help the Poor

    Since pro-democracy protests erupted in the territory in late September, Hong Kong chief executive CY Leung has maintained that universal suffrage, a core demand of the protesters, would not be granted. On Monday, however, Leung offered a startling justification for his intransigence: Democratic reforms would disproportionately benefit the poor.

  • Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders
    Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders

    By Gulsen Solaker and Tom Perry ANKARA/BEIRUT (Reuters) - Turkey said on Monday it would allow Iraqi Kurdish fighters to reinforce fellow Kurds in the Syrian town of Kobani on Turkey's border, and the United States air-dropped arms to help the Kurds there resist an Islamic State assault. Foreign Minister Mevlut Cavusoglu said Turkey was facilitating the passage of Iraqi Kurdish peshmerga forces, themselves fighting Islamic State in Iraq. He stopped short of saying whether Ankara backed the U.S. air-drop of weapons. ...

  • Brookfield Canada reports 3Q results

    The Toronto-based real estate investment trust said it had funds from operations of $33.8 million, or 36 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. ...

  • The Scariest Man in Boxing Can't Find Any Worthy Opponents
    The Scariest Man in Boxing Can't Find Any Worthy Opponents

    It happened again on Saturday night. Gennady Golovkin knocked out his challenger. It was his 18th straight knock out. And that is as amazing as it is a problem.

  • Uruguay's roll-out of marijuana experiment faces election risk

    By Malena Castaldi MONTEVIDEO (Reuters) - Uruguay is struggling to roll out the commercial production and sale of marijuana and its ground-breaking experiment could be dropped or watered down if an opposition candidate wins this month's presidential election. The South American country is the world's first to permit the cultivation, distribution and use of marijuana, aiming to wrest control of the trade from drug gangs while at the same regulating and even taxing its consumption. ...

  • Monica Lewinsky joins Twitter, vows to fight cyberbullying, gets standing ovation
    Monica Lewinsky joins Twitter, vows to fight cyberbullying, gets standing ovation

    Shortly after joining Twitter, Monica Lewinsky received a standing ovation on Monday, vowing to put an end to cyberbullying.

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