"Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week. Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current...

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India Takes Aim at Poverty With Cash Transfer Program

Manish Swarup/Associated PressPoor and homeless people waited for food on Tuesday at a New Delhi temple. NEW DELHI — India has more poor people than any nation on earth, but many of its antipoverty programs end up feeding the rich more than the needy. A new program hopes to change that. On Jan. 1, India eliminated a raft of bureaucratic middlemen by depositing government pension and scholarship...

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Ohio sheriff confronts protesters in football rape case

STEUBENVILLE, Ohio (Reuters) – A county sheriff under fire for how he has handled a high school rape investigation faced down a raucous crowd of protesters on Saturday and said no further suspects would be charged in a case that has rattled Ohio football country.Ma’lik Richmond and Trenton Mays, both 16 and members of the Steubenville High School football team, are charged with raping a 16-year-old...

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Bethenny Frankel Divorcing Jason Hoppy

By Sarah Michaud 01/05/2013 at 05:00 PM EST Bethenny Frankel and Jason Hoppy Albert Michael/Startraks It's official – Bethenny Frankel and Jason Hoppy's marriage is over.Having announced a separation over the holidays, the reality star began the divorce process...

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FDA proposes sweeping new food safety rules

WASHINGTON (AP) — The Food and Drug Administration on Friday proposed the most sweeping food safety rules in decades, requiring farmers and food companies to be more vigilant in the wake of deadly outbreaks in peanuts, cantaloupe and leafy greens.The long-overdue regulations are aimed at reducing the estimated 3,000 deaths a year from foodborne illness. Just since last summer, outbreaks of listeria...

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S&P 500 finishes at 5-year high on economic data

NEW YORK (Reuters) - The benchmark Standard & Poor's 500 index ended at a five-year high on Friday, lifted by reports showing employers kept up a steady pace of hiring workers and the vast services sector expanded at a brisk rate. The gains on the S&P 500 pushed the index to its highest close since December 2007 and its biggest weekly gain since December 2011. Most...

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Fatah Celebration in Gaza Signals Easing of Rift With Hamas

JERUSALEM — Turning the streets of Gaza City into a swarm of sunshine-yellow flags, hundreds of thousands of Palestinians celebrated the anniversary of the Fatah faction on Friday in the heartland of its militant Islamist rival, Hamas, the latest in a series of signals heralding possible reconciliation between the parties after their bitter five-year rift. The rally, which came on the heels...

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“GameStick” Will Be the Size of a USB Memory Stick, Plug into Your TV

When the Ouya game console (scheduled to launch in April) made headlines last year, it was for three reasons. One, its size and price — the $ 99 box, which plugs into a TV, is the size of a Rubik’s cube. Two, its choice of operating system — it runs the same Android OS which powers smartphones and tablets. And three — its rise to fame on Kickstarter, where it shattered records and received millions...

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Aww! Ava Totes Tennessee While Reese Witherspoon Snaps a Picture

Mom & Babies Celebrity Baby Blog 01/04/2013 at 05:00 PM ET Life’s a beach for Reese Witherspoon, who spend New Year’s in the sand with her family.The actress was spotted in Hawaii with husband Jim Toth, their newborn son Tennessee James, 3 months, and her elder children Deacon, 9, and Ava, 13.Witherspoon,...

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CDC: 1 in 24 admit nodding off while driving

NEW YORK (AP) — This could give you nightmares: 1 in 24 U.S. adults say they recently fell asleep while driving.And health officials behind the study think the number is probably higher. That's because some people don't realize it when they nod off for a second or two behind the wheel."If I'm on the road, I'd be a little worried about the other drivers," said the study's lead author, Anne Wheaton...

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