Jan
10

Analysis: Modi's Gujarat growth model might not work across India

SURAT, India (Reuters) - Turning a single Indian state with a long tradition of entrepreneurship and a solid political majority into an investor-friendly economic powerhouse is one thing. Replicating that experience across a diverse country of 1.2 billion would be a tougher prospect for Narendra Modi, whose leadership of booming Gujarat state has led to his being touted as a potential...
Read More..

Samsung sets sights on RIM’s corporate users

Now that Samsung (005930) has bested Apple in the consumer smartphone market, at least where shipment volume is concerned, the company is setting its sights on Research in Motion’s (RIMM) corporate user base. The company is investing heavily in enterprise devices that incorporate a higher level of security and reliability than consumers require. Various government agencies and corporations aren’t...
Read More..

Sandra Bullock Honored at People's Choice Awards for New Orleans Support

By Alison Schwartz 01/09/2013 at 10:45 PM EST Sandra Bullock at the People's Choice Awards Jason Merritt/Getty Sandra Bullock took home big honors for her work in the Big Easy Wednesday night.The People's Choice Awards crowned the Oscar-winning actress the favorite humanitarian for her career-spanning...
Read More..

Retooling Pap test to spot more kinds of cancer

WASHINGTON (AP) — For years, doctors have lamented that there's no Pap test for deadly ovarian cancer. Wednesday, scientists reported encouraging signs that one day, there might be.Researchers are trying to retool the Pap, a test for cervical cancer that millions of women get, so that it could spot early signs of other gynecologic cancers, too.How? It turns out that cells can flake off of tumors in...
Read More..

Consumer watchdog tightens mortgage lending rules on banks

WASHINGTON (Reuters) - More than five years after the housing market collapsed, the U.S. government's newly created consumer watchdog said Thursday it will force banks to verify a borrower's ability to repay loans to ward off the kind of loose lending that helped push the U.S. economy into recession. The Consumer Financial Protection Bureau said its new guidelines would also protect borrowers...
Read More..
Jan
09

U.S. does not rule out removing all troops from Afghanistan

WASHINGTON (Reuters) - The Obama administration does not rule out a complete withdrawal of U.S. troops from Afghanistan after 2014, the White House said on Tuesday, just days before President Barack Obama is due to meet Afghan President Hamid Karzai. The comments by U.S. Deputy National Security Adviser Ben Rhodes were the clearest signal yet that, despite initial recommendations by the...
Read More..

Panasonic considers headcount savings, asset sales in revival plan

LAS VEGAS (Reuters) – Japan‘s Panasonic Corp may see its headcount fall further and may sell non-core money-making business units to raise cash, president Kazuhiro Tsuga told reporters at the CES consumer electronics show in Las Vegas on Tuesday.Hammered by competition from South Korean rivals such as Samsung Electronics, Panasonic may also squeeze wages and seek joint ventures in its semiconductors...
Read More..

Kangaroo Gets Loose at Melbourne Airport

People Pets 01/08/2013 at 08:00 PM EST Travelers passing through Australia's Melbourne Airport on Monday may have been greeted by an unexpected baggage handler.At around 7 a.m., a 3-year-old eastern gray kangaroo was spotted in the airport's parking garage, where it hopped around for almost two hours, giving...
Read More..

Report: Death rates from cancer still inching down

WASHINGTON (AP) — Death rates from cancer are continuing to inch down, researchers reported Monday.Now the question is how to hold onto those gains, and do even better, even as the population gets older and fatter, both risks for developing cancer."There has been clear progress," said Dr. Otis Brawley of the American Cancer Society, which compiled the annual cancer report with government and cancer...
Read More..

Shares buoyed by Alcoa earnings, dollar gains on yen

LONDON (Reuters) - European shares rose slightly on Wednesday, ending two days of losses after aluminum giant Alcoa opened the U.S. earnings season with an optimistic outlook for world demand. But with a light data day in prospect for Europe, featuring mainly German and Greek industrial output figures, and with European and UK central banks due to meet on Thursday, market movements were...
Read More..