Asia stocks up after successful Greek bond auction

BANGKOK (AP) — Asian stock markets edged higher Wednesday as the threat of an imminent meltdown in debt-swamped Greece receded.Greece held a sale of short-term treasury bills Tuesday that will help it make a crucial debt repayment at the end of the week. Without the sale, Athens would have found it impossible to repay the €5 billion ($ 6.4 billion) treasury...

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General investigated for emails to Petraeus friend

PERTH, Australia (AP) — In a new twist to the Gen. David Petraeus sex scandal, the Pentagon said Tuesday that the top American commander in Afghanistan, Gen. John Allen, is under investigation for alleged “inappropriate communications” with a woman who is said to have received threatening emails from Paula Broadwell, the woman with whom Petraeus had an...

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RIM to release new BlackBerrys soon after Jan. 30

TORONTO (AP) — Research In Motion Ltd. will release its much-delayed BlackBerry 10 smartphones “not too long” after a launch event on Jan. 30, a senior executive said Tuesday.Chief Operating Officer Kristian Tear said the company is still fine-tuning the new phones. The new phones are seen as critical to RIM‘s survival...

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Congress, Obama playing with dynamite, CEOs say of “fiscal cliff”

BOSTON (Reuters) – Corporate America is raising the volume of its plea that the U.S. government avert a year-end “fiscal cliff” that could send the nation back into recession, but chief executives aren’t pushing the panic button just yet.With a heated election season in the rear-view mirror, executives are calling on the White House and congressional leaders...

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Head of Microsoft’s Windows unit steps down

(Reuters) – Microsoft Corp said the head of its flagship Windows division and the driving force behind Windows 8, Steven Sinofsky, will be leaving the company with immediate effect, days after the software giant launched the Surface tablet.Sinofsky, who presented at the launch of the Windows 8 operating system in New York City last month, will be succeeded...

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Storm volunteers mingle with stars at Glamour fest

NEW YORK (AP) — Sandra Kyong Bradbury was star struck. She had just spied Supreme Court Justice Ruth Bader Ginsburg a few feet away.“How can you top that?” asked Bradbury, a New York City neonatal nurse who had helped evacuate infants from a hospital that lost power during the height of Superstorm Sandy. She was amazed that she was being honored at the...

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Glitch prevents trading in over 200 stocks on the NYSE

NEW YORK (Reuters) – NYSE Euronext on Monday suspended trading in over 200 stocks on the New York Stock Exchange due to a technical problem with a server, though the stocks in question were still trading actively on other markets.There will be no closing auctions in the affected stocks, and a list of the official closing prices for the securities, based...

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U2′s Bono to urge U.S. politicians not to cut aid programs

WASHINGTON (Reuters) – Irish rocker and anti-poverty campaigner Bono will appeal to Democrats and Republicans during a visit to Washington this week to spare U.S. development assistance programs from cuts as Congress tries to avert the looming “fiscal cliff” of tax hikes and spending reductions early next year.The U2 lead singer’s visit comes as the Obama...

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Spinal steroid shots may have little effect on sciatica

NEW YORK (Reuters Health) – Despite the growing popularity of steroid injections to treat various kinds of back pain in recent years, a new review of past research finds the shots do little to alleviate sciatica, a common condition that causes leg and back pain.Analyzing results from nearly two dozen clinical trials on thousands of patients, Australian...

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New Greece plan ’32bn euros more’

12 November 2012 Last updated at 17:39 ETA draft document prepared for eurozone finance ministers suggests that Greece should be given two more years to meet budget goals, but that this will add 32.6bn euros ($ 41.4bn) to its bailout. Eurozone finance ministers have met in Brussels to discuss new targets for Greece...

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