Archive for December 14th, 2012

Wall Street drops as Apple falls, "cliff" looms

December 14, 2012
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NEW YORK (Reuters) – Stocks fell on Friday, with the Nasdaq weighed down by another drop in shares of Apple, and as the overhang of “fiscal cliff” negotiations kept buying to a premium.
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Stocks edged lower on Wall Street; Best Buy drops

December 14, 2012
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NEW YORK (AP) — Major stock indexes turned lower Friday after a drop in U.S. consumer prices and a strong survey of Chinese manufacturing failed to excite investors.
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Obama: Marijuana not high priority, ‘bigger fish to fry’

December 14, 2012
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President Obama says recreational users of marijuana in states that have legalized the substance should not be a “top priority” of federal law enforcement officials prosecuting the war on drugs.
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At least three injured, one dead in Conn. elementary school shooting

December 14, 2012
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At least three injured, one dead in Conn. elementary school shooting

Students evacuate Sandy Hook elementary in Newtown, Conn., on Dec. 14, 2012. (AP)
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Stock futures signal early gains

December 14, 2012
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PARIS (Reuters) – Stock futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500 up 0.23 percent, Dow Jones futures 0.24 percent higher and Nasdaq 100 futures up 0.12 percent at 5:44 a.m. ET.
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S&P Japan unit rapped over CDO ratings mistakes

December 14, 2012
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TOKYO (Reuters) – The Japanese unit of Standard & Poor’s Ratings Services was reprimanded by the financial regulator on Friday for mistakes in setting and publishing credit ratings on complex financial derivatives.
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With Rice out, is Kerry a lock for secretary of state?

December 14, 2012
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With Rice out, is Kerry a lock for secretary of state?

So, it’s official: Ambassador Susan Rice will not be Secretary of State — she’s withdrawn and President Obama has accepted, and John McCain is twisting his face in pleasure somewhere. Which means… John Kerry, right? Well, yes, probably — all the conservatives just love him now. But speculation also puts some other options in front...
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Obama, Boehner have ‘frank’ talks as fiscal cliff looms

December 14, 2012
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WASHINGTON (AP) — Face to face with time running short, President Barack Obama and Republican House Speaker John Boehner negotiated at the White House on Thursday night in what aides called “frank” talks aimed at breaking a stubborn deadlock and steering the nation away from an economy-threatening “fiscal cliff.”
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US STOCKS-S&P 500 ends 6-day winning streak on ‘cliff’ anxiety

December 14, 2012
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NEW YORK (Reuters) – The S&P 500 ended its six-day winning streak on Thursday, retreating as worries intensified that Washington‘s “fiscal cliff” negotiations were dragging on with little progress.
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S&P 500 ends 6-day winning streak on ‘cliff’ anxiety

December 14, 2012
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NEW YORK (Reuters) – The S&P 500 ended its six-day winning streak on Thursday, retreating as worries intensified that Washington‘s “fiscal cliff” negotiations were dragging on with little progress.
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