WASHINGTON (AP) — Working with Congress against a midnight deadline, President Barack Obama said Monday that a deal to avert the "fiscal cliff" was in sight but not yet finalized. The emerging deal would raise tax rates on family income over $450,000 and individual income over $400,000 a year, increase the estate tax rate and extend unemployment benefits for one year."There are still issues left to...
Obama: Deal to avert fiscal cliff 'in sight'
Label: BusinessWASHINGTON (AP) — Working with Congress against a midnight deadline, President Barack Obama said Monday that a deal to avert the "fiscal cliff" was in sight but not yet finalized. The emerging deal would raise tax rates on family income over $450,000 and individual income over $400,000 a year, increase the estate tax rate and extend unemployment benefits for one year."There are still issues left to...
Canadian job creation seen sharply lower in December
Label: WorldOTTAWA (Reuters) – Canada‘s job market is expected to slow markedly in December to reflect the sluggish economy and employers’ fears about the U.S. fiscal crisis following outsized gains of over 50,000 jobs in two of the previous three months.The median forecast in a Reuters poll is for the economy to add just 5,000 jobs in the month, with forecasts ranging from a loss of 20,000 positions to a gain...
Lake Superior State’s 38th list of banished words
Label: LifestyleDETROIT (AP) — Lake Superior State University‘s 38th annual list of banished words:— fiscal cliff— kick the can down the road— double down— job creators/creation— passion/passionate— YOLO— spoiler alert— bucket list— trending— superfood— boneless wings— guruEntertainment News Headlines – Yahoo! NewsTitle Post: Lake Superior State’s 38th list of banished wordsRating: 100%based on 99998 ratings.5 user...
Factbox: U.S. “fiscal cliff,” tax impact of no deal
Label: HealthWASHINGTON (Reuters) – Higher federal taxes for millions of businesses and individuals will become law on Tuesday unless Congress acts to stop them. These taxes, worth $ 500 billion, comprise the bulk of what is known as the “fiscal cliff” problem.The following shows the probable impact on taxpayers if Congress does not act on Monday, or does not come back later and undo these tax increases, based...
Angry Birds, YouTube among top apps of 2012
Label: TechnologyTORONTO (Reuters) – Angry Birds, Instagram and Facebook continued to be among the most downloaded apps of the year but rising stars also earned coveted spots on smartphones and tablets.This year consumers spent on average two hours each day using mobile applications, an increase of 35 percent over last year, according to analytics firm Flurry. The number is expected to continue growing in 2013.“2012...
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Pakistan militants kill 41 in mass execution, attack on Shi’ites
Label: WorldPESHWAR, Pakistan (Reuters) – Pakistani militants, who have escalated attacks in recent weeks, killed at least 41 people in two separate incidents, officials said on Sunday, challenging assertions that military offensives have broken the back of hardline Islamist groups.The United States has long pressured nuclear-armed ally Pakistan to crack down harder on both homegrown militants groups such as...
Hidden Powers of Your Mouse
Label: TechnologyYou use your mouse for just about everything: you drag, you drop, you highlight, you scroll. But even if you click your mouse a thousand times a day, I bet I’ve got a few secret mouse tricks you’ve never heard of.Click TricksYou surely know that double clicking highlights a word, and you might even know that triple clicking highlights a paragraph. But have you ever wanted to select a column of text...
‘The Hobbit’ stays atop box office for third week
Label: LifestyleLOS ANGELES (AP) — “The Hobbit: An Unexpected Journey” continues to rule them all at the box office, staying on top for a third-straight week with nearly $ 33 million.The Warner Bros. fantasy epic from director Peter Jackson, based on the J.R.R. Tolkien novel, has made $ 222.7 million domestically alone.Two big holiday movies — and potential awards contenders — also had strong openings. Quentin Tarantino‘s...
Italian Nobel scientist Montalcini dies at 103
Label: HealthROME (Reuters) – Rita Levi Montalcini, joint winner of the Nobel Prize for Medicine and an Italian Senator for Life, died on Sunday at the age of 103, her family said.The first Nobel laureate to reach 100 years of age, she won the prize in 1986 with American Stanley Cohen for their discovery of nerve growth factor (NGF), a protein that makes developing cells grow by stimulating surrounding nerve tissue.Her...
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