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Wall Street

Dow soars 400 points, led by rally in tech sector

Traders work on the floor at the New York Stock Exchange in New York, Thursday, Dec. 18, 2014. The market is opening sharply higher, building on gains from the day before after the Federal Reserve indicated it was in no rush to raise interest rates. (AP Photo/Seth Wenig)NEW YORK (AP) — The Dow Jones industrial average had its biggest day in three years, soaring more than 400 points as the stock market extended a rally into a second day.


S&P 500 posts biggest gain since Jan 2013; tech leads

A trader watches a news conference on television by the Federal Reserve Chair Janet Yellen on the floor of the New York Stock ExchangeNEW YORK (Reuters) - The S&P 500 posted its biggest jump since January 2013 on Thursday, extending a Fed-fueled rally from the previous session, as tech shares gained after stronger-than-expected results from Oracle.


Exclusive - U.S. authorities ready new attack on Wall Street repeat offenders

By Aruna Viswanatha WASHINGTON (Reuters) - A top U.S. Justice Department official warned that the U.S. is eyeing new ways to crack down on lax practices that have led to market manipula...

Equities rise on Fed signals; oil resumes declines

People are reflected on an electronic board displaying a graph showing the movement of Nikkei share average outside a brokerage in TokyoNEW YORK (Reuters) - Global equities markets rallied on Thursday, with Wall Street up more than 1 percent for a second straight day with investor sentiment buoyed by comments from the U.S. Federal Reserve's last policy meeting of the year.


Constantly changing online prices stump shoppers

FILE - In this Nov. 28, 2014 file photo, a Target shopper uses her iPhone to compare prices at Wal-Mart while shopping after midnight in South Portland, Maine. Increasingly, buying products online is like trading stocks: you can buy a copper mug or a coat and then hours _ or even minutes later _ it can go up and down in price. (AP Photo/Robert F. Bukaty, File)NEW YORK (AP) — Online shopping has become as volatile as stock market trading. Wild, minute-by-minute price swings on everything from clothes to TVs have made it difficult for holiday shoppers to "buy low."


Wall St gains sharply for second day; tech shares lead

Traders work on the floor of the New York Stock ExchangeBy Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks climbed more than 1 percent on Thursday, extending a rally from the previous session as tech shares gained with upbeat results from Oracle. The technology sector, up 2.2 percent, helped fuel the advance, buoyed by a gain of over 8 percent in Oracle Corp, a day after its quarterly results topped Wall Street expectations. Shares of Apple climbed 1.9 percent. On Wednesday, the benchmark S&P 500 index had notched its best day since October 2013 after the Federal Reserve gave an upbeat assessment of the U.S. ...


YouTube CEO Susan Wojcicki Explains Why Everyone Should Get Maternity Leave

YouTube CEO Susan Wojcicki Explains Why Everyone Should Get Maternity LeaveNorman Jean RoyYouTube CEO Susan Wojcicki. YouTube CEO Susan Wojcicki is grateful for the four and a half months of maternity leave Google provides its employees, but says it’s a problem that most other American mothers don’t enjoy the same luxury. In an op-ed for the Wall Street Journal, Google’s 16th employee (and first to go on maternity leave) makes the case that the US should follow the lead of every other country in the developed world and offer new mothers paid maternity leave benefits, funded by social security programs, as a matter of law. “Support for motherhood shouldn’t be a matter of luck; it should be a matter of course,” she writes. “Paid maternity leave is good for mothers, families and business. America should have the good sense to join nearly every other country in providing it.” Wojcicki’s essay argues that Google’s maternity leave program, enviable even among Silicon Valley’s employee-friendly upper echelon, has helped the company keep female employees, noting that turnover among new moms decreased by 50% when the company increased its leave time from 12 weeks to 18 in 2007. Plus, she maintains, women who return to the workforce after a lengthy maternity leave are better able to contribute than they were before their departure. “Best of all, mothers come back to the workforce with new insights,” Wojcicki writes. “I know from experience that being a mother gave me a broader sense of purpose, more compassion and a better ability to prioritize and get things done efficiently.” Meanwhile, Wojcicki says that women who do not work at big, generous tech companies, and particularly those in low-wage jobs, cannot afford to take the unpaid time off they are entitled to under the Family and Medical Leave Act of 1993. As a result, mothers can be forced into returning to work too early, a decision that can hurt their own health as well as that of their newborn children. “A quarter of all women in the U. return to work fewer than 10 days after giving birth, leaving them less time to bond with their children, making breast-feeding more difficult and increasing their risk of postpartum depression,” Wojcicki writes in the WSJ. The topic of motherhood and the workplace has been a hot one in Silicon Valley this year, as the tech world continues its conversation about how to improve the relative lack of diversity — gender and otherwise  — in its offices and executive suites. In October, Apple and Facebook announced they would help employees cover the cost of freezing their eggs, that way they could focus on their careers and still have children later in life. In her op-ed Wojcicki seems to be saying that with appropriate policies from private employers and the federal government, women won’t have to choose between putting their careers on hold and taking care of their children during the children’s time of greatest need. Read the rest of Wojcicki’s column at The Wall Street Journal >> Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.


Stocks climb on Fed policy signals; oil slips again

Traders work on the floor of the New York Stock Exchange as a television displays news about the Federal Reserve announcementBy Michael Connor NEW YORK (Reuters) - Global equities markets rallied on Thursday, with Wall Street up more than 1 percent for a second straight day on what investors viewed as a favourable result from the Federal Reserve's most recent meeting. The Swiss franc tumbled after its central bank announced a surprise charge on deposits, wary of a flood of money exiting Russia and likely inflows from the euro zone if the European Central Bank starts full-scale money printing early next year. ...


Oracle posts stronger-than-expected Q2 earnings, revenue results

Oracle posts stronger-than-expected Q2 earnings, revenue resultsIn response, Oracle shares immediately rallied by 3.6 percent initially in after-hours trading.


Two Wells Fargo units to pay $1.5 million for anti-money laundering lapses: FINRA

The logo on a Wells Fargo bank building is seen in downtown San DiegoBy Suzanne Barlyn (Reuters) - Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a nine-year period, the Financial Industry Regulatory Authority (FINRA) said on Thursday. The lapses, at Wells Fargo Advisors and Wells Fargo Advisors Financial Network, occurred between 2003 and 2012, according to FINRA, the Wall Street watchdog. Wells Fargo & Co neither admitted nor denied FINRA's allegations, the regulator said. ...


Technology

China is Planning to Purge Foreign Technology and Replace With Homegrown ... - Bloomberg


Bloomberg

China is Planning to Purge Foreign Technology and Replace With Homegrown ...
Bloomberg
China is aiming to purge most foreign technology from banks, the military, state-owned enterprises and key government agencies by 2020, stepping up efforts to shift to Chinese suppliers, according to people familiar with the effort. The push comes ...

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Will Cuba Now Embrace U.S. Technology? - Scientific American


Scientific American

Will Cuba Now Embrace U.S. Technology?
Scientific American
Pres. Barack Obama made good Wednesday on a years-old promise to begin to normalizing U.S. relations with Cuba. An authorization for U.S. companies to increase telecommunications connections between the two countries is a key component of the new ...
The starkness of Cuba's technology gap, chartedQuartz
Cuba: More Money Means More Technology, With or Without State ReformsGlobal Voices Online

all 9,278 news articles »

Today's Tech: How A Law School Professor Uses Technology In Her Classroom - Above the Law


Above the Law

Today's Tech: How A Law School Professor Uses Technology In Her Classroom
Above the Law
Technology today's tech One of my goals in writing this column is to showcase how different lawyers are using technology in their practices. My hope is that by doing so, other lawyers will be encouraged to apply what they learn from these posts to make ...

Uber Promises to Improve Safety Using New Technology - TIME


TIME

Uber Promises to Improve Safety Using New Technology
TIME
First, Uber will attempt to improve safety through new technology, which will involve biometrics and voice verification for “enhanced driver screening,” and more ways to communicate with Uber and personal contacts in the event of an emergency.
Uber Is Doubling Down On New Technology To Screen DriversBusiness Insider

all 385 news articles »

Travel

Grab these great Cyber Monday travel deals now - Detroit Free Press


Detroit Free Press

Grab these great Cyber Monday travel deals now
Detroit Free Press
Vacations, Europe rail passes and resorts have announced deals for travelers, too. Cyber Monday overall is expected to rake in $2.6 billion for retailers, and travel deals are part of that. Check your favorite travel site to see what's offered; here ...
Cheapest Cyber Monday 2014 Travel Deals: Best Discounts On Hotels (Marriott ...KDramaStars

all 3 news articles »

10 (almost) free travel deals - USA TODAY


10 (almost) free travel deals
USA TODAY
"Free." It's everyone's favorite four-letter word, and one especially dear to travelers the world over. Want to get something for nothing? Check out these 10 no-strings-attached travel offers. Third-day free at Universal Studios. Buy a two-day ...

As Russian economy tanks, Brits stand to benefit from great travel deals - The Independent


The Independent

As Russian economy tanks, Brits stand to benefit from great travel deals
The Independent
The decline in tourists travelling from Russia is also affecting high-end European resorts and mass-market Middle East and Asian destinations. While the price of oil was high and the economy was doing relatively well, Russian tourists tended to outbid ...

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Airfare forecast: How to get the best deals in 2015 - USA TODAY


USA TODAY

Airfare forecast: How to get the best deals in 2015
USA TODAY
Airlines were caught flat-footed by people saying "no" to travel twice in the past dozen years or so (the post-9/11 slump and the recession of 2008), but the industry quickly got its act together as the survival instinct cut capacity to the point that ...

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Top stories of the hour


US considers 'proportional' response to Sony hacking attack - Reuters
Thu, 18 Dec 2014 21:17:25 +0000


Reuters

US considers 'proportional' response to Sony hacking attack
Reuters
WASHINGTON (Reuters) - The United States said on Thursday a cyber attack on Sony Pictures was a serious national security matter and the Obama administration was considering a proportional response, although the White House stopped short of blaming ...
US: Sony Cyberattack Is 'Serious' National Security Matter'Voice of America
Sony's surrender will strengthen hackers, experts sayFox News
Did they or didn't they? Experts weigh in on North Korea, Sony hackCBS News
BBC News -MSNBC -Christian Science Monitor
all 9,278 news articles »

In Miami, a mixed and muted response to historic change in Cuba policy - Washington Post
Thu, 18 Dec 2014 21:09:10 +0000


USA TODAY

In Miami, a mixed and muted response to historic change in Cuba policy
Washington Post
MIAMI — They were lining up Thursday midday for the flights to Cuba. Non-stops. This is normal. This is Miami International Airport in the second decade of the 21st century. The departure board showed World Atlantic at 12:15 p.m., Falcon Air at 1 p.m., ...
Rubio Leads Republican Charge to Block Obama's Cuba PolicyBusinessweek
As Washington and Havana talk, a question: Where is Fidel Castro?MiamiHerald.com
How Travel to Cuba May ChangeNew York Times
Reuters -Voice of America -Bloomberg
all 9,343 news articles »

Pakistani military chief signs death warrants for six 'hard-core' terrorists - Washington Post
Thu, 18 Dec 2014 21:06:36 +0000


IBNLive

Pakistani military chief signs death warrants for six 'hard-core' terrorists
Washington Post
ISLAMABAD, Pakistan — Just two days after a school massacre that stunned the nation, Pakistani leaders on Thursday moved to expedite the executions of prisoners convicted of taking part in major terrorist attacks. Gen. Raheel Sharif, head of the country's ...
In Wake of Peshawar Attack, 26/11 Accused Zaki-ur-Rehman Lakhvi Gets BailNDTV
Pakistan court grants bail to alleged leader of Mumbai terror attackThe Guardian
Pakistan govt decides to challenge Lakhvi's bail in high courtThe News International
The Hindu -NPR (blog) -Zee News
all 507 news articles »

Executions in US at 20-year low, report finds - MSNBC
Thu, 18 Dec 2014 21:02:28 +0000


MSNBC

Executions in US at 20-year low, report finds
MSNBC
The United States saw the lowest number of executions in two decades in 2014, a year in which intense focus was placed on several high-profile botched executions and questions were raised about new drug cocktails that were used in lethal injections.
Death sentences at 40-year low; death penalty remains threat to innocents, justiceThe Progressive Pulse
Executions in United States at 20-year lowDaily Times
Death Penalty Used At Lowest Rate Since 1994Newsweek
The Wenatchee World Online -Gawker -The Week Magazine
all 153 news articles »

Boston Marathon bombing suspect Dzhokhar Tsarnaev in court - New York Daily News
Thu, 18 Dec 2014 21:01:11 +0000


New York Daily News

Boston Marathon bombing suspect Dzhokhar Tsarnaev in court
New York Daily News
A bushy-haired and bearded Dzhokhar Tsarnaev made his first public appearance in more than 17 months as a throng of conspiracy theorists massed outside a Boston federal courthouse to show support for the terrorist suspect as he prepares for trial early ...
Boston bomb suspect Tsarnaev makes last scheduled appearance before trialCNN
Boston Marathon bombing suspect makes first court appearance since 2013Christian Science Monitor
Boston bombing suspect seen for the first time since 2013USA TODAY
Syracuse.com -ABC News -U.S. News & World Report
all 503 news articles »

Obama: Jeb Bush Has 'Every Right' to Run for President in 2016 - ABC News
Thu, 18 Dec 2014 21:00:39 +0000


ABC News

Obama: Jeb Bush Has 'Every Right' to Run for President in 2016
ABC News
President Obama says he “loves” the Bush family personally and that former Florida governor and possible 2016 presidential candidate Jeb Bush has “every right” to run in 2016. But he made sure to praise his former secretary of state as well, adding that ...
The tortoise and the harePolitico
Jeb Bush to cut ties with BarclaysUSA TODAY
Jeb Bush To Step Down From Banking Advisory PositionCBS Local
STLtoday.com -Chicago Daily Herald
all 186 news articles »

RISK FOR THE ECONOMY? Vermont gov drops plan for single-payer health care
Thu, 18 Dec 2014 20:50:51 +0000

Authorities hope Obama's Cuba thaw will bring fugitives to justice
Thu, 18 Dec 2014 20:50:51 +0000

TRIP OF A LIFETIME Man finds woman with ex's name for free world tour
Thu, 18 Dec 2014 20:50:51 +0000

TANKS, BUT NO TANKS Congress spends $120M on tanks Army doesn't want
Thu, 18 Dec 2014 20:50:51 +0000

CYBER DANGER Hackers emboldened by Sony's surrender
Thu, 18 Dec 2014 20:50:51 +0000

'Obama, formerly of Somerville,' dials in to Mass. Gov.'s radio show - Reuters
Thu, 18 Dec 2014 20:44:08 +0000


MSNBC

'Obama, formerly of Somerville,' dials in to Mass. Gov.'s radio show
Reuters
BOSTON (Reuters) - Massachusetts Governor Deval Patrick got an apparently unexpected call on his final monthly radio show before his term ends in January in the form of U.S. President Barack Obama, who lived in the state during his years at Harvard Law ...
Obama Calls into Public Radio Show Hosted by Gov. Deval PatrickTIME
Obama Surprises Pal Deval Patrick on Call-in Radio ShowNBCNews.com
Obama calls in to Massachusetts governor's showU-T San Diego
MSNBC -New York Magazine -Huffington Post
all 55 news articles »

FOX411's Celeb of the Year!
Thu, 18 Dec 2014 20:43:58 +0000

America's forgotten pit stops
Thu, 18 Dec 2014 20:43:58 +0000

Best way to blow your nose?
Thu, 18 Dec 2014 20:43:58 +0000

Surplus Humvees cost how much?
Thu, 18 Dec 2014 20:43:58 +0000

Cuba travel? Not so fast
Thu, 18 Dec 2014 20:43:58 +0000

'Guns' star indicted for rape
Thu, 18 Dec 2014 20:43:58 +0000

Larry King grills Willie
Thu, 18 Dec 2014 20:43:58 +0000

Helping vets step forward
Thu, 18 Dec 2014 20:43:58 +0000

Ancient farm reveals secrets
Thu, 18 Dec 2014 20:43:58 +0000

Megyn, Kimmel, 'The Interview'
Thu, 18 Dec 2014 20:43:58 +0000

What is snowman made of?
Thu, 18 Dec 2014 20:43:58 +0000

Priest installs phone jammer
Thu, 18 Dec 2014 20:43:58 +0000

Emily pro male nudity in film
Thu, 18 Dec 2014 20:43:58 +0000

Portman a 'horrible actress?'
Thu, 18 Dec 2014 20:43:58 +0000

Boko Haram unrest: Nigerian militants 'kidnap 200 villagers' - BBC News
Thu, 18 Dec 2014 20:42:40 +0000


BBC News

Boko Haram unrest: Nigerian militants 'kidnap 200 villagers'
BBC News
Militants have stormed a remote village in north-eastern Nigeria, killing at least 33 people and kidnapping about 200, a survivor has told the BBC. He said that suspected Boko Haram militants had seized young men, women and children from Gumsuri village.
Suspected Islamic extremists kidnap 185 in NigeriaWashington Post
Suspected Boko Haram gunmen kidnap over 180 women, children in NigeriaSydney Morning Herald
Suspected Islamic extremists kidnap 185 in northeast NigeriaMiamiHerald.com
Xinhua -Telegraph.co.uk
all 726 news articles »

US sanctions mother-in-law of Sinaloa cartel leader
Thu, 18 Dec 2014 20:42:02 +0000

American arrested on illegal adoption, human trafficking charges in Guatemala
Thu, 18 Dec 2014 20:42:02 +0000

China tests ICBM with multiple warheads
Thu, 18 Dec 2014 20:42:02 +0000

Police: 99-year-old woman delivering cookies robbed by teen
Thu, 18 Dec 2014 20:42:02 +0000

Police seek gunman after Texas meteorologist shot - VIDEO: Weatherman shot at least 3 times
Thu, 18 Dec 2014 20:42:02 +0000

$10 billion UN-linked climate change fund wants immunity from prosecution
Thu, 18 Dec 2014 20:42:02 +0000

Several top ISIS leaders killed in Iraq
Thu, 18 Dec 2014 20:42:02 +0000

Suspected Boko Haram militants kidnap at least 185 - ISIS thug suspected of killing 150 girls, women
Thu, 18 Dec 2014 20:42:02 +0000

Dog faces death after owner's will states that he be euthanized, buried with her
Thu, 18 Dec 2014 20:42:02 +0000

'It's okay to hate Republicans,' Michigan professor writes in column
Thu, 18 Dec 2014 20:42:02 +0000

49ers coach Harbaugh reportedly considering monster $8M-a-year coaching offer from Michigan
Thu, 18 Dec 2014 20:42:02 +0000

Thief fakes heart attack so friend can steal toys in Florida Walmart, cops say - VIDEO: Thief distracts with fake heart attack
Thu, 18 Dec 2014 20:42:02 +0000

Psycho psychologist decapitates husband and scatters body parts across Mexico City
Thu, 18 Dec 2014 20:42:02 +0000

KURTZ: Jeb Bush, praised by liberals, already drawing flak from the GOP - VIDEO: Kurtz: Jeb beat up by own party
Thu, 18 Dec 2014 20:42:02 +0000

Audit: Nebraska left $56 million in federal welfare funds on the table
Thu, 18 Dec 2014 20:42:02 +0000

Putin blames Western sanctions for economic crisis
Thu, 18 Dec 2014 20:42:02 +0000

NCAA basketball player with inoperable brain tumor to become honorary coach
Thu, 18 Dec 2014 20:42:02 +0000

Accused Boston Marathon bomber appears in court for first time since 2013 - VIDEO: Last Boston bombing hearing before trial
Thu, 18 Dec 2014 20:42:02 +0000

FOX NEWS FIRST: Sen. Sessions teaches a lesson in patriotic grace
Thu, 18 Dec 2014 20:42:02 +0000

North Korea's UN envoy rips US as assembly passes resolution condemning alleged abuses
Thu, 18 Dec 2014 20:42:02 +0000

3 dead in California crash after Christmas service
Thu, 18 Dec 2014 20:42:02 +0000

Pentagon: Top Islamic State lieutenants killed in Iraq - Stars and Stripes
Thu, 18 Dec 2014 20:33:12 +0000


Stars and Stripes

Pentagon: Top Islamic State lieutenants killed in Iraq
Stars and Stripes
A botched cyberattack aimed at unmasking Syrian dissidents has experts worried that the Islamic State group is adding malicious software to its arsenal. US cautious about ramping up airstrikes in Iraq · Hundreds of US troops now deployed in Iraq's Anbar ...
Several IS leaders in Iraq killed in air strikesChannel News Asia

all 52 news articles »

Pope Francis Scores on Diplomatic Stage With US-Cuba Agreement - Businessweek
Thu, 18 Dec 2014 18:55:57 +0000


Pope Francis Scores on Diplomatic Stage With US-Cuba Agreement
Businessweek
After misfires in the Middle East and South Korea, Pope Francis is finding his place on the stage of world diplomacy -- by taking the initiative. The pontiff who has made his name mostly by opening up debate in the Catholic Church about divorce and ...

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