Wall Street traded sharply higher Tuesday after unexpectedly cheery data out of Europe and as the Federal Reserve was set to begin its two-day policy meeting. The Standard & Poor’s 500-stock index added 1 percent in morning trading, while the Dow Jones industrial average rose 0.9 percent and the Nasdaq composite index was up 1.5 percent. The stock market has entered a traditionally...
Dec
10
U.S. Forecast as No. 2 Economy, but Energy Independent
Label: WorldWASHINGTON — A new intelligence assessment of global trends projects that China will outstrip the United States as the leading economic power before 2030, but that America will remain an indispensable world leader, bolstered in part by an era of energy independence. Russia’s clout will wane, as will the economic strength of other countries reliant on oil for revenues, the assessment says....
Hug It Out: Public Charter and District Schools Given $25 Million to Get Along
Label: TechnologyIf you need a loan, ask Bill and Melinda Gates. Or better yet, ask one of the seven cities that are splitting a new $ 25 million grant courtesy of the couple’s philanthropic foundation.The funds are going to promote cross collaboration between charter and district schools, which have previously operated in a strict and contentious independence from one another.The foundation announced the award this...
RG3 hurts knee, but Skins beat Ravens 31-28 in OT
Label: LifestyleLANDOVER, Md. (AP) — This, of course, is the sort of thing everyone associated with — and rooting for — the Washington Redskins worries about: Robert Griffin III limping to the sideline after a knee-spraining hit.With the Redskins driving while trailing the Baltimore Ravens late in the fourth quarter of a game Washington would wind up winning 31-28 in overtime Sunday, Griffin was slow to rise after...
A Breakthrough Against Leukemia Using Altered T-Cells
Label: HealthPHILIPSBURG, Pa. — Emma Whitehead has been bounding around the house lately, practicing somersaults and rugby-style tumbles that make her parents wince. It is hard to believe, but last spring Emma, then 6, was near death from leukemia. She had relapsed twice after chemotherapy, and doctors had run out of options. Desperate to save her, her parents sought an experimental treatment at...
Bloomberg Weighs Making a Run for Financial Times
Label: BusinessNot long ago, The Financial Times would have been the crown jewel of any media company, instantly conferring prestige and influence on its owner. Now, given the likely bidders, one of the world’s most respected and distinctive financial newspapers could end up as a trophy to help sell more computer terminals. Chris Ratcliffe/Bloomberg News, via Getty ImagesLike most newspapers, The Financial...
Dec
09
Changes to Agriculture Highlight Cuba’s Problems
Label: WorldHAVANA — Cuba’s liveliest experiment with capitalism unfolds every night in a dirt lot on the edge of the capital, where Truman-era trucks lugging fresh produce meet up with hundreds of buyers on creaking bicycle carts clutching wads of cash. “This place, it feeds all of Havana,” said Misael Toledo, 37, who owns three small food stores in the city. “Before, you could only buy or sell in the...
Marquez knocks out Pacquiao in 6th round
Label: LifestyleLAS VEGAS (AP) — No need for Juan Manuel Marquez to impress the judges. No need for the referee to count to 10.Marquez took care of all of his business Saturday night with a thunderous right hand that left Manny Pacquiao face first on the canvas with his remarkable career in question.Unable to win a decision in their first three fights, Marquez won the old-fashioned way with a huge right hand that...
New Taxes to Take Effect to Fund Health Care Law
Label: HealthWASHINGTON — For more than a year, politicians have been fighting over whether to raise taxes on high-income people. They rarely mention that affluent Americans will soon be hit with new taxes adopted as part of the 2010 health care law. The new levies, which take effect in January, include an increase in the payroll tax on wages and a tax on investment income, including interest, dividends...
Changes to Agriculture Highlight Cuba’s Problems
Label: BusinessHAVANA — Cuba’s liveliest experiment with capitalism unfolds every night in a dirt lot on the edge of the capital, where Truman-era trucks lugging fresh produce meet up with hundreds of buyers on creaking bicycle carts clutching wads of cash. “This place, it feeds all of Havana,” said Misael Toledo, 37, who owns three small food stores in the city. “Before, you could only buy or sell in the...
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