Arm loses out on growth worries despite upbeat investor day
Leading shares are pausing for breath after coming within sight of their all time high, with Arm one of the main fallers.
The highly rated shares have dropped 47p to £10.18 – more than 4% – as worries about the chip maker losing market share outweighed a relatively positive investor day on Tuesday.
Analysts believe it could be time to take some profits after Arm’s recent strong run, suggesting much of the company’s prospects were already in the price. It numbers Apple among its key customers, but there are concerns [...]
Man charged over Hyde Park bombings
22 May 2013
Last updated at 06:36 ET
Horses were also killed by the bomb which exploded as the Household Cavalry passed
A man has been charged with the murder of four soldiers in the 1982 IRA bombing in Hyde Park, the Crown Prosecution Service has said.
John Anthony Downey, 61, of County Donegal, Ireland has been charged with the murders of Roy John Bright, Dennis Richard Anthony Daly, Simon Andrew Tipper and Geoffrey Vernon Young.
The four members of the Royal Household Cavalry were travelling to Buckingham Palace when t [...]
‘Grandparent scams’ steal thousands from seniors
Since 2010, the FTC has recorded more than 40,000 cases where scammers impersonate friends and family members. And officials think many more instances go unreported.
Across the country, law enforcement officials are warning seniors to beware of so-called “grandparent scams,” in which fraudsters are impersonating a grandchild in distress — and begging for cash.
Such scams have become increasingly common. In 2009, the Federal Trade Commission recorded 743 incidences of scammers impersonating a family member or friend [...]
England’s Unitt to miss Euro 2013
England defender Rachel Unitt will miss the rest of the season and Euro 2013 because of a serious knee injury.
The 30-year-old, who has 102 caps, damaged her anterior cruciate ligament during
Birmingham’s 1-1 Continental Cup draw with Lincoln
on Sunday.
A further scan on Tuesday revealed the extent of the problem.
Unitt, one of only six female England players to have
gained more than 100 caps,
missed the 2012 London Olympics with a foot injury.
She joins fellow international left-back Claire Ra [...]
Disgraced ex-congressman Weiner announces candidacy for NYC mayor
By Edith Honan
NEW YORK |
Wed May 22, 2013 6:25am EDT
NEW YORK (Reuters) – Two years after resigning from Congress in a lewd photo scandal, former U.S. Representative Anthony Weiner announced in a video message early on Wednesday he is running for New York City mayor.
“I made some big mistakes and I know I let a lot of people down, but I also learned some tough lessons,” Weiner said in the video. “I’m running because I’ve been fighting for the middle class and those struggl [...]
Zombieland: when fan power turns bad
After jumping into the TV game with a set of eight free-to-watch sitcom pilots last month, Amazon is now acting like a proper US network by culling its slate. As the Amazon CEO Jeff Bezos put it when the pilots arrived online: “Amazon Studios is working on a new way to greenlight TV shows. The pilots are out in the open where everyone can have a say … Our customers will determine what goes into full-season production.”
So far, they’ve picked two: Alpha House (John Goodman stars as a work-shy Republican walking and talkin [...]
Cregan admits father and son murders
22 May 2013
Last updated at 05:48 ET
Police killer Dale Cregan has admitted the murders of a father and son in Greater Manchester.
Mark Short, 23, was shot in a pub in Droylsden in May 2012. His father David, 46, was killed in a gun and grenade attack in Clayton last August.
Cregan, 29, changed his plea on both counts to guilty at Preston Crown Court earlier.
He admitted the murders of Greater Manchester Police officers Fiona Bone and Nicola Hughes in February.
The trial heard how David Short was fatally injured when D [...]
Crowdfunding sites raise thousands for Oklahoma victims
More than $600,000 has been donated to fundraisers for Oklahoma victims via crowdfunding site Fundly.
Crowdfunding websites are seeing donations pour in following the deadly tornado that ravaged Moore, Okla.
More than a dozen separate campaigns popped up on crowdfunding site, Fundly, less than 24 hours after the tornado swept through the Oklahoma City suburb, killing at least 24 people, injuring more than 200 and destroying hundreds of homes.
The 2013 Midwest Tornado Relief campaign, which was launched on Fundly by nonprofit Mercur [...]
Beautiful Games: the science of sport
Using the periodic table as a template, London-based artist Johnny Joannou has designed these neatly-structured infographics to depict renowned sports tournaments, teams and individuals. Inspired by sporting wallcharts, Joannou categorises and arranges key metrics relating to the subject and then uses an appropriate colour palette to reflect the history of the club or event. The Tour de France poster, for example, shows every winner of the Tour with distance covered and average speed, and uses colours based on a beautiful 1925 Parisian po [...]
Immune system cancer drugs tipped to be a $35 billion market
By Ben Hirschler
LONDON |
Wed May 22, 2013 5:48am EDT
LONDON (Reuters) – A new wave of medicines that tap the power of the immune system to fight cancer could become the biggest drug class in history, with potential sales of $35 billion a year.
That bullish sales forecast by analysts at U.S. bank Citigroup highlights the growing excitement surrounding so-called immunotherapy after positive results from clinical trials conducted by companies such as Bristol-Myers Squibb and Roche Holding.
“We beli [...]
House panel OKs big spending cuts
Sequestration 2 opened at the House Appropriations Committee on Tuesday as Republicans won approval of their dramatic plan to reallocate the reduced funding available after the second round of spending reductions slated for October.
Discretionary spending would drop to $967 billion — $17 billion below where appropriations stand now after the first round of cuts in March. And within this tighter cap, labor, health and education programs are to be transformed into a virtual GOP bank to help finance a $28 billion increase for defense.
Co [...]
Ed Miliband criticises Google over tax
Tax will be in focus as the Labour leader makes a speech in which he will say the internet company’s behaviour is ‘wrong’