Dec
24

Snowboarder dies in avalanche at Tahoe-area resort

A 49-year-old California man died Monday after being buried in an avalanche while snowboarding at a Sierra ski resort, one of several avalanche-related emergencies in the Lake Tahoe area after recent storms dumped up to 3 feet of fresh snow.Donner Ski Ranch, about 90 miles northeast of Sacramento, closed as rescue teams began their search.The Nevada County Sheriff's Department identified the man as...
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Dockworkers at Northwest ports reject pact offer

 Dockworkers at four U.S. Pacific Northwest ports moved closer to a possible labor clash with grain shippers on Monday, as parties in a larger, separate dispute at 15 East and Gulf coast ports agreed to mediation ahead of strike deadline set for December 30.The International Longshore and Warehouse Union (ILWU) announced nearly 3,000 of its members had voted to reject a contract proposal that...
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Dec
23

Insiders steal a march in leak prone Asian markets

When South Korean automaker Hyundai Motor Co announced last month it had overstated the fuel efficiency levels on around one million of its cars in the United States and Canada some investors were left fuming more than others.Some had already sold their shares before the announcement on November 2. The stock fell 4 percent on November 1 with about 2.2 million shares changing hands, the highest trading...
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Nokia to get payments in patent deal with RIM

Struggling Finnish mobile phone maker Nokia has settled its patent dispute with BlackBerry maker Research in Motion in return for payments, as it tries to exploit its trove of technology patents to boost its finances.Terms of the agreement were confidential, but Nokia said on Friday it included a one-time payment to be booked in the fourth quarter, as well as ongoing fees, all to be paid by RIM.Nokia...
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WhatsApp goes free for iPhone for a limited time

Popular cross-platform texting app WhatsApp reduced its iPhone app from $0.99 to free on Thursday. The app now delivers 10 billion messages per day, which is no surprise considering how consumers are choosing to use app-based messengers instead of paying for texting. WhatsApp is so popular, Facebook (FB) is reportedly interested in acquiring it. While it’s true the Android version of WhatsApp is also...
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HTC brushes off Microsoft’s earlier rejection, will reportedly make Windows RT tablets after all

Microsoft (MSFT) may have barred HTC (2498) from participating in the first wave of Windows RT tablets, but that apparently hasn’t stopped the company from gearing up for the next wave. Unnamed sources have told Bloomberg that HTC “is working on a 12-inch device and a 7-inch version” of a Windows RT tablet “that can also make phone calls.” The planned seven-inch tablet, which will be unveiled alongside...
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RIM shares fall at the open after earnings

 Research In Motion Ltd fell in early trading on Friday following the BlackBerry maker's Thursday earnings announcement, when the company outlined plans to change the way it charges for services.RIM, pushing to revive its fortunes with the launch of its new BlackBerry 10 devices next month, surprised investors when it said it plans to alter its service revenue model, a move that could put the...
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South Korea's president-elect promises 'new era of change'

South Korea’s President-elect Park Geun-hye signaled today the tough policy toward North Korea that she’s likely to pursue when she embarks on her five-year term as president in February.She began the day after winning the presidential election by visiting the national cemetery, bowing before the grave of her father, Park Chung-hee, the long-ruling dictator who was assassinated by his intelligence...
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In India, a Hindu nationalist rebuilds image with Muslim votes

The Hindu nationalist leader of the western state of Gujarat, known for his alleged role in the 2002 riots in which 1,000 Muslims were killed, won his fourth consecutive term as chief minister in a landslide on Thursday. The victory puts the controversial figure on track to be a strong contender for prime minister of India in 2014.Despite the controversy surrounding Chief Minister Narendra Modi, he...
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Estela de Carlotto hunts for Argentina's grandchildren 'stolen' decades ago

Estela de Carlotto isn't like most grandmothers. Instead of easing herself into retirement and enjoying the slower pace of life it affords, she remains a dogged workaholic.Every weekday she rises early without fail in order to make the 70-mile round trip from her hometown of La Plata to an office in the Argentine capital, Buenos Aires."I had other ideas about what I'd be doing with my life, such as...
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