• Stocks end week up over 2%

    Click for more data Investors were ready for the long weekend, and it showed. Trading meandered around the breakeven mark for much of the day. Volume was light. The Dow fell more than 50 points...
  • Author Gabriel Garcia Marquez dies

    Author Gabriel Garcia Marquez dies

    17 April 2014 Last updated at 21:22 Nobel prize-winning Colombian author Gabriel Garcia Marquez has died in Mexico aged 87, a source close to the family has said. Garcia Marquez was considered one of the...
  • French troops free Mali aid workers

    French troops free Mali aid workers

    17 April 2014 Last updated at 20:20 Islamist militants controlled the town of Gao between April 2012 and January 2013 French troops in Mali have freed five aid workers who were kidnapped in the north...
  • Report: Kris Jenner Rushed To The Hospital

    Reality star Kris Jenner has been rushed to hospital, reports E! News. The notorious momager apparently went to a hospital in Thousand Oaks, Calif., after experiencing internal pains and had “a scan for precautionary reasons.”...

Headline News

  • House Republican leaders holding up immigration reform: Obama


    WASHINGTON (Reuters) – President Barack Obama on Thursday called on the U.S. Congress to pass comprehensive immigration reform, which he said was being blocked by Republican leaders in the House of Representatives. Obama said at a White House news conference there were Republicans in both the House and Senate who know immigration reform “is the right thing to do.” “I also know it’s hard politics for Republicans because there are some in their base that are very opposed to this,” Obama said. “Right now what’s holding us back is House Republican leadership not willing to go ahead and let the process move forward.” Obama met Wednesday with House Majority Leader Eric Cantor to discuss immigration and Cantor later issued a statement saying Obama did not know how to work with Congress and implying that the president attacked the people he needed to collaborate with. At his news conference, Obama said the meeting was more genial …

    April 17, 2014 3:51 pm
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Politics

  • Republicans Prepare for Primary Fight in Wisconsin House Race


    By Bridget Bowman Posted at 2:30 p.m. today 0 Tweet Petri is retiring. (Bill Clark/CQ Roll Call File Photo) For the first time in 35 years, Wisconsin Republicans are gearing up for a divisive primary in the 6th District. GOP Rep. Tom Petri’s retirement announcement last week has made the district more competitive, but Republicans are expected to hold the seat. (The Rothenberg Political Report/Roll Call rates this race as a Safe Republican contest.) Two Republicans have thrown their hats into the ring so far. Before Petri announced his departure, state Sen. Glenn Grothman joined the race, describing the congressman as not sufficiently conservative. Grothman sent out a fundraising letter Monday, signaling he’s gearing up for the race. State Rep. Duey Stroebel said this weekend that he also plans to run, and he has hired top Wisconsin strategist Darrin Schmitz. State Sen. Joe Leibham is also considering a bid and plans to make a decision in the coming days. Some Wisconsin …

    April 17, 2014 1:49 pm
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Stocks

  • Stocks end week up over 2%


    Click for more data Investors were ready for the long weekend, and it showed. Trading meandered around the breakeven mark for much of the day. Volume was light. The Dow fell more than 50 points this morning, but by the afternoon it was up more than 30 points. In the end the Dow finished with a modest loss while the SP 500, and Nasdaq both had modest gains. For the week the Dow and Nasdaq were up more than 2% and the SP was up nearly 3%. But today’s rally masked the drama going on in some individual stocks. Both IBM (IBM, Fortune 500) and Google (GOOG, Fortune 500) reported weaker than expected earnings last night, and they’re being punished for it. “The market is rewarding the companies that are making their numbers on the top and bottom lines and punishing others that don’t give positive guidance and top line growth,” said Quincy Krosby market …

    April 17, 2014 4:11 pm
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Sports

  • Rio workers end strike but issue pay talks warning


    RIO DE JANEIRO (Reuters) – Workers at the main venue for the 2016 Olympics ended a two-week strike on Thursday but a full return to work will only come next week and they will strike again if pay talks prove fruitless, union officials said. The first of about 2,500 workers returned to Rio de Janeiro’s Olympic Park on Thursday morning after contractors agreed to increase the value of the daily lunch vouchers given to each employee. The union had also sought double pay for overtime and weekend shifts as well as bonus payments for employees with exemplary attendance records. Both sides agreed to keep negotiating on those points. “The strike is over,” Antonio Figueiredo Souza, president of the local construction workers union, told Reuters. “We believe that the consortium will advance with talks but if they don’t then we will strike again.” The unions and the building consortium responsible for the job said the stoppage …

    April 17, 2014 3:51 pm
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World News

  • Author Gabriel Garcia Marquez dies


    17 April 2014 Last updated at 21:22 Nobel prize-winning Colombian author Gabriel Garcia Marquez has died in Mexico aged 87, a source close to the family has said. Garcia Marquez was considered one of the greatest Spanish-language authors, best known for his masterpiece of magic realism, One Hundred Years of Solitude. The 1967 novel sold more than 30m copies and he was awarded the Nobel Prize for Literature in 1982. Garcia Marquez had been ill and had made few public appearances recently.

    April 17, 2014 3:31 pm
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Technology

  • Chinese Company Creates 3D-Printed Houses


    Shanghai WinSun Decoration Design Engineering, a Shanghai-based company, has created 10 3D-printed houses. Each house reportedly cost less than US$5,000 and took less than 24 hours to construct. The printer used to create the homes was about 100 feet long, 33 feet wide and more than 20 feet tall. The “ink” was made from high-grade cement and glass fiber. The houses may not be up to snuff for 3D printing purists: They were not printed as a single item, but rather in parts that were later pieced together. Therefore, a 3D house being created in Amsterdam might still be able to claim the title of the world’s first 3D-printed house (even if it won’t be finished for another three years). [Sources: 3ders.com; Financial Times] Kim Dotcom Could Get Stuff Back Foreign restraining orders on Kim Dotcom’s assets — including cars, art and cash — are slated to expire Friday, which could enable the world’s most …

    April 17, 2014 1:29 pm
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Science

  • Newlyweds, be careful what you wish for


    A statistical analysis of the gift “fulfillments” at several hundred online wedding gift registries suggests that wedding guests are caught between a rock and a hard place when it comes to buying an appropriate gift for the happy couple. The details reported in the International Journal of Electronic Marketing and Retailing suggest that most people hope to garner social benefits of buying an expensive gift that somehow enhances their relationship with the newlyweds while at the same time they wish to limit monetary cost and save money. Yun Kyung Oh of the Department of Business Administration, at Dongduk Women’s University, in Seoul, Korea, working with Ye Hu of the University of Houston, Texas, Xin Wang of Brandeis University, Waltham, Massachusetts, and William Robinson of Purdue University, Lafayette, Indiana, USA, explain how their Bayesian statistical analysis reveals a bimodal distribution of gift fulfillment that shows this push and pull across more than 500 wedding registries. The …

    April 17, 2014 1:29 pm
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Health

  • UnitedHealth: New hepatitis C drug costs far more than forecast


    (Reuters) – UnitedHealth Group Inc, the largest U.S. health insurer, said it spent more than $100 million to cover a pricey new hepatitis C drug from Gilead Sciences Inc in its first three months on the market, an amount that was “multiple” times what it had expected. UnitedHealth is the first insurer to quantify its costs to cover patients using Gilead’s new Sovaldi treatment, whose $84,000 price tag has spurred a national outcry over the rising costs of specialty medicines. UnitedHealth shares fell nearly 4 percent on Thursday and shares of rivals WellPoint Inc and Aetna Inc fell 3.8 percent and 3.4 percent, respectively, as investors weighed what their potential costs could be as well. The disclosure indicates that industry-wide, insurers spent $1 to $1.5 billion on treatments in the first quarter, Goldman Sachs analyst Matthew Borsch said in a research note. U.S. drug regulators approved Sovaldi in December, the first of a handful of …

    April 17, 2014 1:49 pm
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Entertainment

  • Report: Beyonce "Did Not Want To Talk" To Kim Kardashian At Dermatology Office Run-In


    Meow! Kim Kardashian and Beyonce found themselves at the same Beverly Hills dermatology office on April 11, and apparently Queen B threw a little bit of shade at Kimmy K! Although we speculated that Kanye and Jay Z’s lady loves planned the outing, it turns out it was a coincidence, and the singer tried to her best to hide her disinterest during their brief conversation. The reality star “seemed so excited to see Beyonce and was really eagerly going over to her”, but she was met with a bit of an icy response. “Beyonce looked like she wanted nothing to do with Kim and was really trying to stay away from her. Kim was basically fawning all over her!” a source told Radar, adding that Blue Ivy’s mom halfheartedly asked about North West just to be polite. “Beyonce looked like she couldn’t have cared less. It seemed so clear that she did not want to …

    April 17, 2014 4:12 pm
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Editorial

  • Chicken Little ‘science’


    AP The cult centered on “global warming” alarmism is getting hot under the collar. People seem to have stopped paying attention and polls show “climate change” barely registers on a list of voters’ concerns. This can only mean, as losing politicians like to say, that their message isn’t getting through. What to do? Why shout louder, of course. ADVERTISEMENT ADVERTISEMENT Climate change is a fact? Don’t think so. A recent story in The New York Times sought to help alarmists raise the decibel level: “The countries of the world have dragged their feet so long on global warming that the situation is now critical, experts appointed by the United Nations reported Sunday, and only an intensive worldwide push over the next 15 years can stave off potentially disastrous climatic changes later in the century.” I guess we had better get ready for climate Armageddon then because China, one of the world’s worst polluters, is not …

    April 17, 2014 1:49 pm
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Odd News

  • North Korean embassy complains to UK after salon mocks leader’s hair


    LONDON (Reuters) – North Korea failed to see the joke when a London hair salon used a picture of its leader Kim Jong Un to try to attract more customers and has written to Britain’s Foreign Office asking it to stop what it calls a “provocation”. A hair salon in west London put up a giant poster of the North Korean leader in its window after reading unconfirmed media reports that men in the reclusive Asian state had been ordered to have the same hairdo. The promotional poster read: “Bad Hair Day? 15 percent off all gent cuts through the month of April.” With its shaved sides and bowl-like shape, Kim Jong Un’s distinctive haircut has been a light-hearted talking point for North Korea watchers. But officials at the country’s embassy, which is just a short walk away from the salon, visited to complain and wrote to the Foreign Office asking it to take “necessary …

    April 17, 2014 9:28 am
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