BlackBerry 10 said to be inadequate for helping RIM overcome its ‘demons’

After hitting a seven-year low of $ 6.22 this past summer, shares of Research in Motion (RIMM) have rebounded and climbed more than 100% in the past six months. The company that was previously written off by Wall Street investors has seen a significant boost in recent months as anticipation grows for its BlackBerry 10 operating system. But while a number of analysts have voiced their support for RIM,...

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Soldier who lost 4 limbs has double-arm transplant

On Facebook, he describes himself as a "wounded warrior...very wounded."Brendan Marrocco was the first soldier to survive losing all four limbs in the Iraq War, and doctors revealed Monday that he's received a double-arm transplant.Those new arms "already move a little," he tweeted a month after the operation.Marrocco, a 26-year-old New Yorker, was injured by a roadside bomb in 2009. He had the transplant...

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S&P 500 eases, ends longest winning run in eight years

NEW YORK (Reuters) - The S&P 500 eased slightly on Monday after an eight-day run of gains, while the Nasdaq edged higher as Apple shares rebounded. The index remained above 1,500, however, after closing above that level on Friday for the first time in more than five years. The S&P 500's eight sessions of gains was its longest winning streak in eight years. Caterpillar...

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Protests Grow on Fifth Day of Unrest in Egypt

Tara Todras-Whitehill for The New York TimesEgyptians in Port Said mourned on Monday for people killed in clashes with the police a day earlier. PORT SAID, Egypt — The police fired indiscriminately into the streets outside their besieged station, a group of protesters arrived with a crate of gasoline bombs, and others cheered a masked man on a motorcycle who arrived with a Kalashnikov. The...

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Yahoo revenue rises on search advertising

(Reuters) – Yahoo Inc posted a 4 percent gain in net revenue to $ 1.22 billion in the fourth quarter, when an increase in search advertising sales offset weakness in the Web portal’s display ad business.The company forecast net revenue — which excludes fees shared with partner websites — of $ 1.07 billion to $ 1.1 billion in the current quarter, trailing the $ 1.1 billion that Wall Street analysts...

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Claire Danes Says Son Cyrus Is 'Getting Fat!'

By Sarah Michaud 01/27/2013 at 08:40 PM EST Actresses don't usually like to talk about weight gain, but Claire Danes was more than happy to Sunday evening. Of course, the topic of discussion was her 6-week-old son Cyrus Michael Christopher."He's six weeks and getting fat. It's very exciting. All that time on the boob is starting to result...

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CDC: Flu seems to level off except in the West

New government figures show that flu cases seem to be leveling off nationwide. Flu activity is declining in most regions although still rising in the West.The Centers for Disease Control and Prevention says hospitalizations and deaths spiked again last week, especially among the elderly. The CDC says quick treatment with antiviral medicines is important, in particular for the very...

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Nikkei rises as yen extends loss to new lows

TOKYO (Reuters) - Japanese equities rose on Monday as the yen extended losses to fresh lows, further improving earnings prospects for exporters as Japan's corporate reporting season enters full swing this week. Global investor sentiment improved on Friday due to brighter prospects for the European economy and its debt crisis as well as solid U.S. corporate earnings. Japan's...

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Italy’s New Tool for Tax Cheats: the ‘Redditometro’

Andrew Medichini/Associated PressFinancial police officers tracking tax evasion operations around Italy. Tax authorities now have the “redditometro,” which has drawn criticism though the nation is desperate for revenue. ROME — Despite the government’s best efforts, tax evasion remains something of a pastime in Italy, where, famously, more than a few of the Ferrari-driving set claim impoverishment...

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Apple will reportedly launch its fifth-generation iPad in October

Although previous reports indicated that Apple (AAPL) would release its fifth-generation iPad alongside a new iPad mini with Retina display in March, a new report from Jeremy Horwitz of iLounge, claims the newest iPad will be announced in October instead. Horwitz said that he “had the opportunity to inspect a supposedly accurate — and seriously intriguing — physical model of the completely...

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