Wall Street Week Ahead: "Cliff" worries may drive tax selling

NEW YORK (Reuters) - Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" - and the possibility of higher taxes in 2013 - may act as the greatest incentive to sell both winners and losers by December 31. The $600 billion of automatic tax increases and spending cuts scheduled for the beginning of next year includes higher rates for capital...

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Khaled Meshal, Hamas Leader, Delivers Defiant Speech at Anniversary Celebration

Wissam Nassar for The New York TimesTens of thousands of Hamas supporters gathered in Gaza City near a large replica of an M-75, a Hamas rocket, that bore the words “Made in Gaza.” More Photos »GAZA CITY — Khaled Meshal, the political leader of Hamas, gave a defiant speech on Saturday, vowing to build an Islamic Palestinian state on all the land of Israel, the West Bank and the Gaza Strip. ...

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James Cameron Relives Voyage to Ocean’s Deepest Spot

SAN FRANCISCO — The first thing James Cameron saw 7 miles below the sea was man-made: tracks from a remotely operated vehicle.“When I got to the bottom, I saw skid marks from the ROV,” Cameron said yesterday (Dec. 4) here at the annual meeting of the American Geophysical Union, referring to a 2009 survey by the Monterey Bay Aquarium Research Institute. Scientific results of the film director’s expedition...

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Jason Aldean's Holiday Plans: Visiting Santa with His Kids

By Eileen Finan 12/08/2012 at 06:30 PM EST Jessica Ussery and Jason Aldean Bauer-Griffin After a year of professional highs – and personal lows – Jason Aldean is looking forward to a quiet holiday with family."I'm on the road so much during the year, so what I...

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...

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Dow, S&P rise on jobs, but Apple bites Nasdaq again

NEW YORK (Reuters) - The Dow and the S&P 500 advanced modestly on Friday, though another sell-off in Apple depressed technology shares and kept the Nasdaq negative, overshadowing a sharply better-than-expected jobs report. Trading was light, continuing the week's trend of slight moves and anemic volume. The S&P 500 ended up a mere 0.1 percent for the week, following several volatile...

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Khaled Meshal, Hamas Leader, Makes First Visit to Gaza

RAFAH, Gaza Strip — The long exiled leader of the militant group Hamas, Khaled Meshal, entered Gaza for the first time on Friday, a symbolically powerful visit that sought to reinforce Hamas’s contention that it was victorious in its eight-day violent clash with Israel. For Mr. Meshal, 56, whom the Israelis tried to assassinate in Jordan in 1997, it was a triumphant day as Hamas fighters,...

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The Era of Twitter Without Instagram Has Now Begun

We know everyone is a little bummed about all those filtered photos disappearing from your Twitter streams this weekend, but let’s not get all worked up about it: They are disappearing, and there is no scandal.RELATED: Why You Can’t See Instagram Photos on Twitter AnymoreTechCrunch’s  Drew Olanoff got a little too excited on Friday and thought a single in-stream photo meant that Instagram...

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Susan Powell's Father-in-Law Secretly Took 4,500 Pictures of Her

12/07/2012 at 07:30 PM EST Wrapping up a year that has brought unimaginable frustration and heartbreak, Susan Powell's family marked the three-year anniversary of her disappearance at a ceremony this week near where her two sons are buried."It's a hard time of year," Susan's father, Chuck Cox, tells PEOPLE....

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...

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Apple's gains lift tech in quiet day before jobs data

NEW YORK (Reuters) - Stocks closed modestly higher on Thursday, a day ahead of the key monthly jobs report, as a rebound in shares of Apple helped boost technology shares. Traders were reluctant to bet heavily a day before the Friday release of the November employment report. Just 5.62 billion shares changed hands on U.S. exchanges, shy of the 6.48 billion daily average this year. ...

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Wider Chaos Feared as Syrian Rebels and Kurds Clash

Lynsey Addario for The New York TimesSyrian Kurds in Ras al-Ain are seeking refuge across the border in Ceylanpinar, Turkey. CEYLANPINAR, Turkey — In plain view of the patrons at an outdoor cafe here in this border town, the convoy of gun trucks waving the flag of the Syrian rebels whizzed through the Syrian village of Ras al-Ain. They had not come to fight their primary enemy, the soldiers of Bashar...

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Zynga moves to enter US gambling market

NEW YORK (AP) — Online games company Zynga said it has asked Nevada gambling regulators for a decision that could pave the way for it to enter the U.S. gambling market.This follows Zynga’s October disclosure that it has signed a deal to offer online poker and casino games, played with real money, in the U.K. It plans to launch those games in the first half of 2013.Zynga Inc. said in an email late...

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Snake on a Plane - For Real - Forces Emergency Landing

People Pets By Alison Schwartz 12/06/2012 at 07:55 PM EST An Egyptian cobra, similar to the reptile pictured, made its way on-board a Kuwait-bound flight Annie Katz/Getty In a scene that played out like the plotline of a Samuel L. Jackson movie, some not-so-precious...

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Celebrations planned as Wash. legalizes marijuana

SEATTLE (AP) — Legal marijuana possession becomes a reality under Washington state law on Thursday, and some people planned to celebrate the new law by breaking it.Voters in Washington and Colorado last month made those the first states to decriminalize and regulate the recreational use of marijuana. Washington's law takes effect Thursday and allows adults to have up to an ounce of pot — but it bans...

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Dow, S&P rise, but Nasdaq sours with Apple in wild day

NEW YORK (Reuters) - A volatile trading session ended with U.S. stocks mostly higher on Wednesday, even as Apple, the most valuable company in the United States, suffered its worst day of losses in almost four years. In a strange occurrence, Apple accounted for the entirety of the Nasdaq 100's <.ndx> fall of 1.1 percent, while the Dow industrials - which do not include Apple as...

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Typhoon Bopha Kills Hundreds in Philippines

Bullit Marquez/Associated PressA resident hung clothing amid fallen trees and debris on Wednesday, a day after Typhoon Bopha made landfall in the village of Andap, in southern Philippines. More Photos »MANILA — With many roads and bridges washed away, rescue teams struggled Wednesday to reach isolated villages in the southern Philippines after a powerful out-of-season typhoon tore through the region,...

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Microsoft #DroidRage Tweet Shows How Malware Has Moved Past Windows

“Do you have an Android malware horror story?” Microsoft asks through its @windowsphone Twitter account, in what may be one of the most ironic tweets of the year.After all, it wasn’t that long ago that “virus” and “worm” stories made headlines on a regular basis, all of them about “computer viruses” which were really Windows viruses. Just a few years ago, Apple advertised the fact that a Mac “Doesn’t...

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Kate Receives Hospital Visit from Pippa and James

12/05/2012 at 07:30 PM EST James and Pippa Middleton Alpha /Landov; Inset:Allpix/ plash News Online The Duchess of Cambridge had more hospital visitors on Wednesday.Just two days after husband Prince William, 30, was photographed leaving the King Edward VII Hospital in Central London where...

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Study could spur wider use of prenatal gene tests

A new study sets the stage for wider use of gene testing in early pregnancy. Scanning the genes of a fetus reveals far more about potential health risks than current prenatal testing does, say researchers who compared both methods in thousands of pregnancies nationwide.A surprisingly high number — 6 percent — of certain fetuses declared normal by conventional testing were found to have genetic abnormalities...

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Wall Street slips as investors seek cliff progress

NEW YORK (Reuters) - Stocks finished slightly lower in a quiet session on Tuesday as the back-and-forth wrangling over the "fiscal cliff" gave investors little reason to act. Trading volume was light as legislators continue to negotiate a deal to avoid a $600 billion package of tax hikes and federal spending cuts that would begin January 1 and could push the economy into recession. ...

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