Optimism about "cliff" boost market; financials lead

NEW YORK (Reuters) - The S&P 500 ended at its highest level in almost two months on Monday on rising hopes that negotiations over the "fiscal cliff" were making progress and that a deal could be reached in days. After weeks of stalemate, President Barack Obama and Republican House Speaker John Boehner met at the White House on Monday, raising hopes that Washington will be able to...

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With South Korean Election, Policy Toward North Will Change

SEOUL, South Korea — No matter who wins South Korea’s presidential election on Wednesday, the end is near for the hard-line policy on North Korea promoted by the departing president: the two top candidates both agree on a more moderate approach. Kim Hong-Ji/ReutersPark Geun-hye, a candidate for president in South Korea, is the daughter of Park Chung-hee, who ruled for nearly two decades....

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Amazon smartphone reportedly set for 2013 launch

Title Post: Amazon smartphone reportedly set for 2013 launchRating: 100%based on 99998 ratings.5 user reviews.Author: Fluser SeoLinkThanks for visiting the blog, If any criticism and suggestions please leave a comm...

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Newtown Shooting Victims: Their Photos, Their Lives

When his mother told him she loved him, Noah replied, "Not as much as I love you, Mom," said his uncle, according to the AP. In another classroom, his twin sister, whom he called his best friend, survived the shooting. Along with their older sister, 8-year-old Sophia, the siblings were inseparable. "He was just a really lively, smart kid," added his uncle. "He would have become a great...

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Experts: No link between Asperger's, violence

NEW YORK (AP) — While an official has said that the 20-year-old gunman in the Connecticut school shooting had Asperger's syndrome, experts say there is no connection between the disorder and violence.Asperger's is a mild form of autism often characterized by social awkwardness."There really is no clear association between Asperger's and violent behavior," said psychologist Elizabeth Laugeson, an assistant...

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Wall Street Week Ahead: Holiday "on standby" as clock ticks on cliff

NEW YORK (Reuters) - The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff." Last-minute negotiations in Washington on the so-called fiscal cliff - nearly $600 billion of tax increases and spending cuts set to take effect in January that could cause a sharp slowdown...

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Letter From Washington: U.S. Fiscal Deal Unlikely Without Compromise

WASHINGTON — As many Republicans reject higher tax rates for wealthier Americans, Newt Gingrich, the former speaker of the U.S. House of Representatives, urges them to continue to resist, claiming that the economic boom of the 1990s and the resulting budget surplus were due to his leadership in Congress and not to President Bill Clinton’s early tax increases. All economic indicators were...

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Cisco hires bank to sell home wireless router unit: report

(Reuters) – Networking equipment company Cisco Systems Inc has hired Barclays to sell its Linksys home router unit, a report said on Sunday.The business, which Cisco acquired for $ 500 million in 2003, will likely be valued for less because it has low margins, according to Bloomberg.The sale is part of Cisco’s strategy to shed its consumer unit and focus on its software and technology services businesses.Last...

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Donald Faison Marries Cacee Cobb

By Lesley Messer 12/15/2012 at 08:25 PM EST Cacee Cobb and Donald Faison Dr. Billy Ingram/WireImage It's official! After six years together, Donald Faison and Cacee Cobb were married Saturday night at the Los Angeles home of his Scrubs costar Zach Braff. Cobb's...

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Fewer health care options for illegal immigrants

ALAMO, Texas (AP) — For years, Sonia Limas would drag her daughters to the emergency room whenever they fell sick. As an illegal immigrant, she had no health insurance, and the only place she knew to seek treatment was the hospital — the most expensive setting for those covering the cost.The family's options improved somewhat a decade ago with the expansion of community health clinics, which offered...

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