Tuesday, April 17, 2012

Intel 1Q earnings fall 13 percent, meet Street

Intel 1Q earnings fall 13 percent, meet Street


Intel 1Q earnings fall 13 percent, meet Street

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Intel, the world's largest chipmaker, says its profit fell 13 percent in the latest quarter as operating expenses rose while sales were flat. The results beat analyst expectations.

With TV flare digital outlets try a broadcast rite

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FILE - In this Nov. 23, 2009 file photo, filmmaker Richard Linklater attends The Cinema Society premiere of Internet video wants some of television's ad dollars, and it's not above a little copycatting to help the cause.


Dawson will try to humble age-defying Hopkins

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Bernard Hopkins (L) and Chad Dawson exchange punches in 2011Chad Dawson says Bernard Hopkins faked an injury to escape a lopsided defeat last October and plans to pick up where he left off in a world light-heavyweight title rematch next week.


Rail operator CSX boosts 1Q profit on higher rates

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Higher rates are helping freight railroad CSX Corp. boost profits by 14 percent despite lower coal shipments.

Happy? Positive outlook may be good for your heart

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Be happy — it seems to be good for your heart.

UK: 2 held in protest vigil at Bahrain embassy

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A man waves a flag during a protest from the roof of the Bahrain Embassy in London, Monday, April 16, 2012. The banner, draped over the top of the embassy, carried pictures of imprisoned hunger striker Abdulhadi al-Khawaja and senior Shiite opposition leader Hassan Mushaima. Bahrain has been gripped by a 14-month-old uprising aimed at weakening the powers of the kingdom's Sunni monarchy and the Gulf state has recently seen a spike in violence.(AP Photo/Kirsty Wigglesworth)British police on Tuesday arrested two activists who had occupied the rooftop of Bahrain's Embassy in a protest against the Gulf kingdom's Sunni rulers.


IMF sees Italy missing budget deficit targets

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Italian Premier Mario Monti, right, shakes hands with Finland Premier Jyrki Katainen during their meeting at Chigi palace, Premier's office, in Rome, Tuesday, April 17, 2012. (AP Photo/Gregorio Borgia)The International Monetary Fund is predicting that Italy will miss its budget deficit targets this year and next and won't balance its budget until at least 2018 — years later than the government's estimates.


Rahal gets 6-race probation for Andretti accident

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Graham Rahal was placed on probation for six races by IndyCar on Tuesday for his role in an accident with Marco Andretti.

IBM posts higher 1Q earnings

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IBM says its first-quarter net income grew 7 percent, helped by strong profit margins in its services business and strong revenue growth across its software, hardware and services businesses.

As gas prices pinch, Obama targets oil speculators

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US President Barack ObamaUS President Barack Obama announced a new plan to cut oil market manipulation Tuesday, but foes accused him of peddling "stale" election-year "gimmicks" to deflect anger at high gasoline prices.


White House threatens to veto GOP business tax cut

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The White House is threatening to veto an effort by House Republicans to cut taxes for millions of smaller businesses, calling it an unproductive giveaway to many of the country's most profitable companies.

Rapper G. Dep convicted in 1993 NYC shooting

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A once-rising rapper was convicted Tuesday of a 1993 killing after recently telling police he'd shot someone while trying to rob him years ago.

Michigan lottery winner charged with welfare fraud

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FILE - In this March 8, 2012 file photo provided by the Michigan Lottery, Amanda Clayton holds her $1 million lottery check. Clayton, who continued to get food stamps after winning a $1 million lottery jackpot, has been charged with welfare fraud. The Michigan attorney general's office announced two felony charges Tuesday, April 17, 2012 against Clayton of Lincoln Park. She was arrested Monday and was expected to be arraigned Tuesday in Lincoln Park's 25th District Court. (AP Photo/courtesy Michigan Lottery via Detroit Free Press)A Michigan lottery winner was charged with fraud Tuesday for collecting food stamps and public health insurance despite pocketing a $735,000 jackpot.


Caps coach: Bruins going after Backstrom's head

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Washington Capitals defenseman Karl Alzner (27) mixes it up with Boston Bruins left wing Milan Lucic (17), next to Bruins' Zdeno Chara (33), of Slovakia, during the third period of Game 3 of an NHL hockey Stanley Cup first-round playoff series, Monday, April 16, 2012, in Washington. The Bruins won 4-3. (AP Photo/Nick Wass)Leave the euphemisms about playing with an "edge" or "emotion" to Boston Bruins coach Claude Julien and his players.


Italian freed after 2011 abduction in N. Africa

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An Italian tourist who spent more than a year in captivity after she was abducted by an al-Qaida-linked group in North Africa is heading home.

World powers cling to Syria truce despite violence

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This image made from amateur video released by the Shaam News Network and accessed Tuesday, April 17, 2012, purports to show smoke rising from buildings in Homs, Syria. The Syrian regime widened shelling attacks on opposition strongholds Tuesday, activists said, targeting a second town in a new sign that a U.N.-brokered cease-fire is quickly unraveling despite the presence of foreign observers. (AP Photo/Shaam News Network via AP video) TV OUT, THE ASSOCIATED PRESS CANNOT INDEPENDENTLY VERIFY THE CONTENT, DATE, LOCATION OR AUTHENTICITY OF THIS MATERIALArtillery shatters homes in opposition areas. Regime tanks roll though city centers. Civilians dig graves for dozens of corpses, scrawling their names on headstones with black markers.


Egypt panel definitively bars 3 president hopefuls

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Egypt's election commission rejected the appeals of three main contenders for president Tuesday, definitively removing the most polarizing candidates from the race to become the country's first elected leader since the ouster of Hosni Mubarak.

Pulitzer Prize picture highlights ethics debate

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It is a picture of pure horror that is difficult to look at. But Agence France-Presse photographer Massoud Hossaini's gut-wrenching image of an Afghan girl crying in fear after a suicide bomber's attack last December was widely disseminated and on Monday won the Pulitzer Prize for breaking news photography.

Spain warns Argentina over Repsol takeover

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Spain and the EU have warned that Argentina would damage relations if it went ahead and nationalized YPFSpain warned Tuesday that Argentina's takeover of oil giant Repsol's YPF subsidiary broke a "good understanding" between the two as Repsol demanded at least $10 billion in compensation.


Legislative group turns focus amid Martin backlash

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A conservative organization that helped spread a Florida law that recently gained national attention after the shooting death of Florida teen Trayvon Martin said Tuesday that it was abandoning the task force that developed the measure.

Senator: 20 or 21 women in Secret Service incident

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FILE - in this March 30, 2011 file photo, Senate Homeland Security and Governmental Affairs Committee ranking Republican Sen. Susan Collins, R-Maine speaks on Capitol Hill in Washington. At least 20 women were involved in last weekend's hotel incident with Secret Service agents, U.S. Marines and prostitutes in Colombia just before President Barack Obama's visit, a senator says. Congressional and military investigators begin to dig into the situation more deeply. (AP Photo/J. Scott Applewhite, File)At least 20 foreign women and as many Secret Service and military personnel met at a hotel in Colombia in an incident involving prostitution, and lawmakers are seeking information about any possible threat to the U.S. or to President Barack Obama who arrived for a conference soon after, congressional officials said Tuesday.


Wall Street posts best gains in a month

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Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - U.S. stocks scored their best gains in a month on Tuesday after Coca-Cola led another round of strong earnings and bond yields fell in Spain, easing some concerns about Europe's debt crisis. The Dow Jones industrial average shot up 194.13 points, or 1.50 percent, to end unofficially at 13,115.54. The Standard & Poor's 500 Index gained 21.21 points, or 1.55 percent, to close unofficially at 1,390.78. The Nasdaq Composite Index rose 54.42 points, or 1.82 percent, to close unofficially at 3,042.82. (Reporting by Angela Moon; Editing by Jan Paschal)


Spring football may have a new look in the future

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Michigan head football coach Brady Hoke, watches as the defensive line practices before a spring football scrimmage at Michigan Stadium in Ann Arbor, Mich., Saturday, April 14, 2012. (AP Photo/Carlos Osorio)Some college football coaches want an NCAA rule change that would allow them to scrimmage against other schools during spring drills.


US stocks jump after strong profits; Spain soothes

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FILE - In this June 22, 2011 file photo, specialist William Bott looks at a screen as he works on the floor of the New York Stock Exchange. Wall Street was poised for a solid opening Tuesdsay March 17, 2012, with both Dow futures and the broader S&P 500 futures up 0.3 percent. (AP Photo/Richard Drew, file)U.S. stocks are closing sharply higher after promising signals about the profitability of U.S. companies and a strong debt auction by Spain.


Admitted subway plotter testifies at NYC trial

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FILE - In this Jan. 9, 2010 courtroom file sketch, defendant Adis Medunjanin, right, accused of becoming an al-Qaida operative, sits with his defense attorney Robert Gottlieb at the federal courthouse in New York. A federal prosecutor said Monday, April 16, 2012, that Medunjanin discussed bombing New York City movie theaters, Grand Central Terminal, Times Square and the New York Stock Exchange before settling on the city's subways. (AP Photo/Elizabeth Williams, File)The admitted mastermind of a foiled plot to bomb New York City subways testified Tuesday that he wanted to fight jihad in Afghanistan after coming to believe that the U.S. government was behind the Sept. 11, 2001, attacks.


November launch for new version of 'Halo' videogame

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Microsoft on Tuesday announced that a new installment to the hit videogame "Halo" will be released in November, and predicted it would launch the next decade of the hugely popular franchise.


IKEA to sell TV's integrated into its furniture

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LED TV and sound system integrated in the furniture are part of a mock-up for Swedish home furniture firm IKEA's venture into home electronics, shown to the press in Stockholm on April 16, 2012. The new furniture range, named UPPLEVA, the Swedish word for experience, integrates a LED TV, a sound system with wireless bass speakers, an internet connection and CD, DVD and Blu-ray players are set to hit the market in June. (AP Photo/Jessica Gow) ** SWEDEN OUT **Already the one-stop shop for smart and compact home furnishing, IKEA is venturing into the world of technology — with the IKEA TV.


Senator: Secret Service calls for probe of charges

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FILE - in this March 30, 2011 file photo, Senate Homeland Security and Governmental Affairs Committee ranking Republican Sen. Susan Collins, R-Maine speaks on Capitol Hill in Washington. At least 20 women were involved in last weekend's hotel incident with Secret Service agents, U.S. Marines and prostitutes in Colombia just before President Barack Obama's visit, a senator says. Congressional and military investigators begin to dig into the situation more deeply. (AP Photo/J. Scott Applewhite, File)A senior Senate Republican says the head of the Secret Service is seeking an independent probe of an incident involving prostitutes and Service personnel in Colombia.


Email from wife's account shadows Calif. treasurer

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California state treasurer Bill Lockyer is used to the public spotlight. Just not like this.

Bid Laden's family to leave Pakistan overnight

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Osama bin Laden's three widows and their nine children were scheduled to be deported to Saudi Arabia overnight, almost a year after U.S. Navy SEALs killed the al-Qaida chief at a compound in northwest Pakistan, their lawyer said Tuesday.

Iowa judge rejects theory of 'implicit bias'

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A judge dismissed a class-action lawsuit Tuesday that claimed Iowa's state government systemically discriminated against black job applicants by allowing subtle racial bias to creep into virtually every hiring and promotion decision.

Government says will deport radical cleric Abu Qatada

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Abu Qatada is driven from Long Lartin Prison in South LittletonLONDON (Reuters) - Britain re-arrested a radical cleric once described as Osama bin Laden's "right-hand man in Europe" and said on Tuesday it would resume plans to deport him to Jordan, where he has been convicted in his absence of involvement in terrorist plots. Jordanian preacher Abu Qatada had been under virtual house arrest at his family home in London since February, when he was freed from a British prison after a court said his detention without trial was unlawful. ...


Swedish museum evacuated after bomb threat

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A bomb threat closed Stockholm's modern art museum on Tuesday, two days after an exhibit about degrading stereotypes that black people have endured prompted one Swedish organization to demand that the nation's culture minister resign.

Britain says will deport radical cleric Abu Qatada

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Jordanian preacher Abu Qatada leaves the Special Immigration Appeals Commission (SIAC) in central LondonLONDON (Reuters) - Britain re-arrested a radical cleric once described as Osama bin Laden's "right-hand man in Europe" and said on Tuesday it would resume plans to deport him to Jordan, where he has been convicted in his absence of involvement in terrorist plots. Jordanian preacher Abu Qatada had been under virtual house arrest at his family home in London since February, when he was freed from a British prison after a court said his detention without trial was unlawful. ...


IMF inches toward deal on boosting firepower

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International Monetary Fund Managing Director Christine Lagarde speaks at the Brookings Institution on WASHINGTON (Reuters) - The International Monetary Fund on Tuesday appeared to be inching toward a deal on boosting its financial firepower with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone debt crisis. The pledges by the three countries come ahead of IMF and World Bank meetings and a Group of 20 finance leaders gathering in Washington this week. Informal meetings kick off on Thursday ahead of official sessions on Friday and Saturday. ...


Stung by gas prices, Obama seeks new oil market crackdown

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U.S. President Barack Obama holds a chart showing declining U.S. dependence on foreign oil as he speaks about energy during a visit to Nashua Community College in NashuaWASHINGTON (Reuters) - U.S. President Barack Obama, whose political fortunes are threatened by rising gasoline prices, proposed new measures on Tuesday to reduce oil market manipulation that are unlikely to get support from a divided Congress. Obama called on lawmakers to raise civil and criminal penalties on individuals and companies involved in manipulative practices. He also pressed for more money to fund the agency charged with policing the markets to hire "more cops" for oversight and upgrade old technology. ...


$412 check that bought Superman sold for $160,000

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In this image released by ComicConnect.com, an image showing the canceled check sent to Superman creators Jerry Siegel and Joe Schuster in 1938. (AP Photo/ComicConnect.com)The $412 check that DC Comics wrote to acquire Superman and other creative works by Jerry Siegel and Joe Shuster has sold for $160,000 in an online auction.


Despite scandal, Obama confident in Secret Service boss

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Secret Service officers recalled from Colombia had stayed at the Hotel CaribeThe White House Tuesday expressed confidence in the chief of the US Secret Service, but the elite bodyguard unit's Colombian sex scandal deepened, with claims that 20 women were involved.


LA Kings eager to finish off Canucks at home

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Just two years ago, Mike Richards led Philadelphia out of the same 0-3 playoff hole facing the Vancouver Canucks.

Where's a Yellowstone bear? Look on your phone

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Pretty soon, the best place to be on the lookout for a wolf, grizzly bear or other wildlife in Yellowstone National Park could be your phone.

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