Wall Street rebounds on HP results, Fed officials' views

NEW YORK (Reuters) - U.S. stocks rose on Friday as Dow component Hewlett-Packard surged on strong results and comments from Fed officials allayed fears that the central bank would curtail its stimulus measures. Federal Reserve Chairman Ben Bernanke downplayed worries that the Fed has fueled asset bubbles that could hurt the economy in a private meeting with bond dealers and investors...

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At War Blog: A Modern Medal Is Met with Modern Protest

It is only fitting that the announcement of a medal created for the digital age spawned its own Internet memes. As soon as Defense Secretary Leon E. Panetta announced the creation of the new Distinguished Warfare medal — immediately dubbed the Drone Medal — images such as the one below began appearing on blog after blog; in tweet after retweet.The medal, Mr. Panetta explained, is intended to provide...

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Cressida 'Cress' Bonas: 5 Things About Prince Harry's New Squeeze

By Simon Perry 02/21/2013 at 07:50 PM EST Prince Harry and Cressida Bonas Bauer-Griffin; Splash News Online It's love on the slopes for Prince Harry – who has been spending some of his downtime since returning from Afghanistan rekindling his relationship with society gal Cressida Bonas.With...

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Neighbors Kill Neighbors in Kenya as Election Tensions Stir Age-Old Grievances

MALINDI, Kenya — In a room by the stairs, Shukrani Malingi, a Pokomo farmer, writhed on a metal cot, the skin on his back burned off. Down the hall, at a safe distance, Rahema Hageyo, an Orma girl, stared blankly out of a window, a long scar above her thimble-like neck. She was nearly decapitated by a machete chop — and she is only 9 months old. Jonathan Kalan for The New York TimesOrma...

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Goldman: PlayStation 4 could send Sony into a ‘downward spiral’

Count Goldman Sachs analyst Takashi Watanabe as being pessimistic on the PlayStation 4′s chances for success. Per Business Insider, Watanabe has penned a new research note that casts doubt not only on Sony’s (SNE) new console specifically, but on the gaming console business as a whole. Specifically, Watanabe thinks that smartphones and tablets are poised to erode consoles’ installed...

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Baby Girl on the Way for Big Brother's Britney Haynes

Mom & Babies Celebrity Baby Blog 02/20/2013 at 08:45 PM ET Britney Haynes is expecting a little houseguest of her own!“Halfway there and it’s definitely a GIRL!! She arrives in July; couldn’t be happier,” the Big Brother star Tweeted Wednesday.Along with her tweet, Haynes, 25, posted a photo of herself...

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Agency checks water after body found in hotel tank

LOS ANGELES (AP) — British tourist Michael Baugh and his wife said water had only dribbled out of the taps at the downtown Cecil Hotel for days.On Tuesday, after showering, brushing their teeth and drinking some of the tap water, they headed down to the lobby and found out why.The body of a Canadian woman had been discovered at the bottom of one of four cisterns on the roof of the historic hotel near...

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Wall Street ends down sharply after Fed minutes

DEAR ABBY: My boyfriend, "Doug" (24), and I (22) have been in a long-distance relationship for a year, but we were friends for a couple of years before that. I had never had a serious relationship before and lacked experience. Doug has not only been in two other long-term relationships, but has had sex with more than 15 women. One of them is an amateur porn actress.I knew about this, but it didn't...

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Iceland Weighs Exporting the Power Bubbling From Below

Ilvy Njiokiktjien for The New York TimesThe Krafla plant is Iceland’s largest geothermal power station, a showcase of renewable energy. KRAFLA, Iceland — Soon after work began here on a power plant to harness some of the vast reserves of energy stored at the earth’s crust, the ground moved and, along a six-mile-long fissure, began belching red-hot lava. The eruptions continued for nine years, prompting...

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Sony unveils new PlayStation 4 console

NEW YORK (Reuters) – Sony Corp took the wraps off its next-generation video game console called “PlayStation 4” on Wednesday that will allow users to stream and play video games hosted on servers.The company revealed the new console, which will succeed the seven-year-old PlayStation 3, in New York.The controller dubbed “DualShock 4″ will have a touch pad, Mark Cerny, lead system architect on PlayStation...

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