European shares dip, euro steady ahead of ZEW, Fed

LONDON (Reuters) - European shares and Italian bonds edged lower on Tuesday as political turmoil in Italy weighed on confidence, but moves were subdued as investors waited for German confidence data later and the U.S. Federal Reserve's end of year meeting. Following some disappointing euro zone data this month, the ZEW survey of German business sentiment will be released at 1000 GMT (5...

Read More..

Analysis: Franco-German chill reshuffles cards in Europe

PARIS (Reuters) - A chill has settled over the Rhine seven months after the election of Socialist French President Francois Hollande, reshuffling the cards in Europe's perpetual power game. The cooling of traditionally close Franco-German relations was partly an intentional step by Hollande to demonstrate that he is not in conservative Chancellor Angela Merkel's pocket but wants to change...

Read More..

HTC still tripping Samsung up in Windows Phone race

It is not clear that Samsung (005930) even cares — but HTC (2498) continues outmaneuvering its far bigger rival when it comes to Windows Phones. The budget HTC Windows Phone 8S is no available from UK operator Three starting at the notably low £17 per month contract price. This is about half of what the monthly contract price of Samsung’s ATIV S Windows Phone model is expected to cost in the UK. Once...

Read More..

Tim McGraw and Faith Hill Kick Off Special Series of Las Vegas Shows

By Mark Gray 12/09/2012 at 05:00 PM EST Tim McGraw and Faith Hill Denise Truscello/WireImage Tim McGraw and Faith Hill looked at each other, their hands on each others knees and shared a passionate kiss just after midnight Sunday morning. The moment was a long...

Read More..

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...

Read More..

Stock index futures signal lower Wall Street open

LONDON (Reuters) - Stock index futures pointed to a weaker open on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 falling 0.1 to 0.3 percent. President Barack Obama met with Republican Speaker of the House of Representatives John Boehner on Sunday at the White House to negotiate ways to avoid the "fiscal cliff," according to White House officials...

Read More..

Egypt president scraps decree that sparked protests

CAIRO (Reuters) - Egyptian President Mohamed Mursi has cancelled a decree that gave him sweeping powers and sparked violent unrest but did not delay this month's referendum on a new constitution that was a major demand of his opponents. Islamist supporters of Mursi have insisted the referendum should go ahead on time on December 15, saying it is needed to complete a democratic transition...

Read More..

Michelle Branch's Daughter's Dream Job Is For the Birds - Literally

Mom & Babies Celebrity Baby Blog 12/03/2012 at 02:00 PM ET Sthanlee B. Mirador/Shooting StarIt seems as if Michelle Branch‘s daughter won’t be following in her musical footsteps any time soon.While the Grammy Award winning singer/songwriter and her husband, bass player Teddy Landau, are no strangers...

Read More..

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...

Read More..

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...

Read More..