Headline News

  • US stocks slightly lower in midday trading a day after big jump; Movado up on strong results


    FILE – In this Oct. 2, 2014 file photo, people pass a Wall Street subway stop, in New York’s Financial District. U.S. stocks moved lower in early trading Tuesday, March 31, 2015, erasing some gains from the day before. (AP Photo/Richard Drew, File) (The Associated Press) NEW YORK –  U.S. stocks are edging lower in midday trading, giving back some of their big gains the day before. The Dow Jones industrial average fell 88 points, or 0.5 percent, to 17,887 as of 11:45 a.m. Eastern time Tuesday. The Dow jumped 263 points the day before. ADVERTISEMENT ADVERTISEMENT The Standard Poor’s 500 index lost seven points, or 0.4 percent, to 2,078. The Nasdaq composite declined 21 points, or 0.4 percent, to 4,926. The price of oil fell 32 cents to $48.37 a barrel in New York. Luxury watchmaker Movado jumped 13 percent after posting surprisingly strong fourth quarter results. Movado said it would raise prices and streamline …

    March 31, 2015 11:10 am
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Politics

  • Indiana governor says will ‘fix’ religious freedom law this week


    (Reuters) – Indiana Governor Mike Pence said on Tuesday he will “correct” the state’s Religious Freedom Restoration Act this week to make it clear that businesses cannot use it to deny services to same-sex couples. Pence, a Republican, said the law he signed last week had been widely misconstrued and mischaracterized, but he said he was calling on the state’s Republican-controlled General Assembly to send a new law to his desk this week to fix it. “We will fix this and we will move forward,” Pence told reporters at a nationally televised news conference. “I believe it would be appropriate to make it clear that this law does not give businesses the right to deny services to anyone,” he said. Pence defended the law as protecting people of all faiths from being forced by the government to go against their beliefs. And he repeatedly said the law had never been meant to discriminate against anyone. …

    March 31, 2015 11:30 am
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Stocks

  • 11 things you need to know about Microsoft’s new Surface 3


    Microsoft has unveiled the Surface 3, a thinner, smaller, and less expensive version of its suddenly successful Surface Pro 3 PC-tablet. The Surface fills a gadget gap between laptops and tablets. Today’s tablets are great for portability, reading and watching video, but they’re not ideal for doing work. Laptops are designed for getting stuff done, but you wouldn’t want to read a book on them. The Surface is a laptop that looks and acts like a tablet. But the Surface Pro 3 costs $799, and that’s without a keyboard. Throw in a keyboard and Bluetooth pen, and you’re looking at a machine that costs close to $1,000. With the Surface 3, Microsoft (MSFT, Tech30) set out to make a similar tablet priced more attractively for students, parents and on-the-go professionals. Here’s what you need to know about the new Surface 3: 1. It costs $499. That’s a pretty good price for a PC that comes …

    March 31, 2015 9:48 am
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Sports

  • Prosecutors order arrest of former NHL player Deveaux


    STOCKHOLM (Reuters) – Swedish prosecutors have issued a warrant for the arrest of Canadian former NHL player Andre Deveaux after he attacked an opponent on-ice before a promotion playoff, the TT news agency reported on Tuesday. The prosecutors acted after reviewing video footage of Deveaux, who has played for the Toronto Maple Leafs and New York Rangers, rushing at Per Helmersson from behind during the warmup and hitting him in the back of the leg with his stick before clubbing him to the ice. The attack in last week’s match sparked an outcry in Sweden and has been described as the worst in the history of the domestic league, although Helmersson was able to play on. Rogle, who won the second division game against Vasteras to advance to the first tier of Sweden’s hockey league, fired Deveaux after the incident. (Reporting by Johan Ahlander, editing by Alan Baldwin)

    March 31, 2015 11:09 am
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World News

  • Opposition set for Nigeria victory


    Gen Buhari’s supporters have been celebrating as final results come in Opposition candidate Muhammadu Buhari is on the verge of a historic victory over Nigerian President Goodluck Jonathan, with most votes counted. Gen Buhari, a former military ruler, is ahead by almost three million votes, with results still to come from just three states. Analysts say it is hard to see how Mr Jonathan can overcome this lead. The opposition has never won a presidential election in Nigeria, Africa’s most populous state. Observers have generally praised the election but there have been allegations of fraud, which could lead to protests and violence. More than 800 people were killed in protests after Mr Jonathan beat Gen Buhari in the previous election. Results so far: Gen Buhari: 14.2m votes; Passed 25% threshold in 24 states Mr Jonathan: 11.4m votes; Passed 25% threshold in 24 states Results from 33 states + Abuja Candidates needs 25% in 24 states …

    March 31, 2015 11:10 am
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Technology

  • Tech journalists may have been wrong about Meerkat but they’re right to get excited about new apps


    Technology journalism – and US technology journalism in particular – is getting a roasting every bit as stinging as Justin Bieber’s recent Comedy Central special, in an opinion piece by mobile industry expert Tero Kuittinen published on tech site Boy Genius Report. Titled “Meerkat is dying – and it’s taking US tech journalism with it”, it pulls no punches in its assessment of whether recent, excitable coverage of video-broadcasting app Meerkat was matched by actual downloads and usage. “The ugly truth that US tech media has declined to mention even in passing is that Meerkat had never been a hit to begin with. All those breathless media reports about “the hot new app” and “the break-out app” were deeply misleading at best — and cynical legerdemain at worst,” wrote Kuittinen. “Meerkat’s highest daily ranking on the U.S. iPhone download chart was No. 140, on March 20th. At this point, the app had already generated thousands …

    March 31, 2015 11:09 am
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Science

  • Goodbye, range anxiety? Electric vehicles may be more useful than previously thought


    Related images(click to enlarge) In the first study of its kind, scientists at the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) quantitatively show that electric vehicles (EVs) will meet the daily travel needs of drivers longer than commonly assumed. Many drivers and much prior literature on the retirement of EV batteries have assumed that EV batteries will be retired after the battery has lost 20 percent of its energy storage or power delivery capability. This study shows that the daily travel needs of drivers continue to be met well beyond these levels of battery degradation. Samveg Saxena, who leads a vehicle powertrain research program at Berkeley Lab, analyzed real-world driving patterns and found that batteries that have lost 20 percent of their originally rated energy storage capacity can still meet the daily travel needs of more than 85 percent of U.S. drivers. He and his research team also analyzed battery power fade and …

    March 31, 2015 11:29 am
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Health

  • New Stroke Prevention Efforts May Be Paying Off


    TUESDAY, March 31, 2015 (HealthDay News) — Fewer people are being treated in U.S. emergency rooms for strokes caused by blood clots in the brain, which experts read as a sign that current stroke prevention methods are working. The rate of emergency department visits for either a stroke or a mini-stroke (transient ischemic attack) — a temporary blockage of blood flow to the brain — decreased dramatically between 2001 and 2011, according to a new U.S. Centers for Disease Control and Prevention report. Such ER visits declined 35 percent for adults 18 and older, and 51 percent for those 55 to 74, said the report from the CDC’s National Center for Health Statistics (NCHS). The statistics mirror a “dramatic reduction in stroke fatality in the country, which we believe is likely due to better control of risk factors,” said Dr. Larry Goldstein, chief of the division of stroke and vascular neurology and director of the …

    March 31, 2015 11:30 am
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Entertainment

  • Jay Z Launches New Music Streaming Service And Throws A Party With His Famous Friends


    Posted on Tue Mar 31st, 2015 7:20am PDT       By X17 Staff Getty Images for Roc Nation Jay Z launched a new music streaming service called Tidal, and even though we hadn’t heard of it until just now, he had quite the star-studded turnout at the #TIDALforALL launch party last night in New York City! Not only was Jay’s wife Beyonce Knowles in almost every single photo from the event, but she hammed it up for the cameras when she posed with famous friends like Rihanna, Nicki Minaj and yup, even Madonna! Alicia Keys, Kanye West, Jack White, Usher, Daft Punk, Arcade Fire and Deadmau5 were also in attendance, so it was a pretty eclectic mix of artists! Keys sang her praises for the service and told the attendees, “So we come together before you on this day, March 30th, 2015, with one voice in unity in the hopes that today will be another one of those …

    March 31, 2015 9:48 am
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Editorial

  • It’s time for Sisi to protect the Christians


    Egyptian President Abdel Fattah el-Sisi chairs an Arab foreign ministers meeting during summit in Sharm el-Sheikh, South Sinai, Egypt, Sunday, March 29, 2015. Last month’s ghastly beheading of 20 Coptic Christian migrant workers on a Libyan beach prompted worldwide outrage and retaliatory airstrikes by Egypt’s government. But out of public sight, the same victims’ families and neighbors now silently face persecution at home, in Egypt. ADVERTISEMENT ADVERTISEMENT Following the beheadings, Egyptian President Abdel Fattah el-Sisi ordered the construction of a church bearing their name in Al Our village, the hometown of 13 of the victims. This move, like the airstrikes, was meant to reassure the country’s Copts that they were equal citizens in the new Egypt. Instead, Al Our’s proposed church has become a symbol of the Egypt Sisi claims is no more — an Egypt in which Christians suffer violence for their religion and are treated as second-class citizens. On March 27, as Al …

    March 31, 2015 11:30 am
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Odd News

  • Painting in Dutch royal collection was Nazi loot: official report


    AMSTERDAM (Reuters) – The Dutch Royal Family owns a painting by a Dutch master that was looted during by the Nazis during Germany’s occupation of the Netherlands in World War Two, according to a report published on Tuesday. “One painting was found where there were indications of involuntary loss of possession during the German occupation,” the government said in a statement after an inquiry commissioned by the Royal Family that examined tens of thousands of paintings in the Royal Collection. Officials had contacted the heirs of the original owner, who was not named, to arrange the return of “The Hague Forest with a View of Huis ten Bosch Palace”, by the 17th century painter Joris van der Haagen. The work was bought for the Royal Collection by Queen Juliana, grandmother of reigning King Willem-Alexander. The inquiry found that another painting in the collection, “Landscape with St. Hubert”, whose provenance had been regarded as doubtful, was …

    March 31, 2015 11:29 am
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