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Wall Street was mixed on Thursday, as growing expectations that the Federal Reserve will cut its monetary stimulus as early as next week, weighed on traders a day after shares had one of their worst days in weeks. In early trading the Standard & Poor’s 500-stock index was down 0.1 percent, the Dow Jones industrial average fell 0.3 percent and the Nasdaq composite was 0.1 percent higher.
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Pope Francis attacked mega-salaries and big bonuses on Thursday, saying in the first peace message of his pontificate that they are symptoms of an economy based on greed and inequality. In his message for the Roman Catholic Church's World Day of Peace, marked by the Church around the world on January 1, he also called for more sharing of wealth among people and nations to narrow the gap between the rich and poor. "The grave financial and economic crises of the present time ...
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Spain's Canary Islands are famous for their sun and sand but bad weather has hit the islands for two days now. In the island of Tenerife, heavy rains flooded homes, downed trees, shut down some roads and created landslides. There have been power outages for two days and schools here were closed on Thursday. Overnight, the bad weather caused a small commercial plane to skid off the runway in the island's north airport. No injuries were reported. The local government maintained a "red alarm" as more heavy rain is expected. The nearby islands of La Gomera and Gran Canaria were downgraded to "orange alarm."
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The man accused of faking sign interpretation while standing alongside world leaders at Nelson Mandela's memorial service says he hallucinated that angels were entering the stadium and suffers from schizophrenia. (Dec. 12)Copyright 2013 The Associated Press
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Sanctions have evolved since they were deployed in the 1980s to pressure South Africa. Today's sanctions, particularly the sophisticated ability of the U.S. to unplug a target from the global finance system, are more likely to actually work. David Wessel reports. Photo: Getty. Copyright 2013, Dow Jones & Company, Inc.
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The teen killed four people while driving drunk, but his defense team argued he couldn't be held responsible due to a lifetime of being coddled.
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ROUGH CUT (NO REPORTER NARRATION) Thousands of people queued for a second day on Thursday to say goodbye to Nelson Mandela, whose body lies in state in Pretoria in the building where the anti-apartheid hero was inaugurated in 1994 as South Africa's first black president. People lined up at the University of Pretoria sports grounds in the stifling heat to be taken to Union Buildings for their turn to file past Mandela's casket, their last chance to see the man regarded as the father of democratic South Africa. Spirits were high with many dancing and singing songs for the man revered by people of all races in South Africa. "Well when I heard the news on Thursday I was very sad and I went to Tata's house and sang the freedom songs and danced and doing all this and now see everybody in solidarity, and everybody singing is kind of making me feel better and I'm looking forward to go and say my last goodbyes to him," said Dhokozani Ndaba. "I've never met him and
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The air quality in Chinese's top-tier cities like Shanghai are getting worse. Richard Brubaker of Collective Responsibility tells the WSJ's Wei Gu how this is pushing residents to consider moving to another country. Copyright 2013, Dow Jones & Company, Inc.
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Thousands lined the streets to bid farewell to the former South African President Nelson Mandela. The hearse carrying his body made its way through Pretoria to the Union Buildings for the second day of lying in state. Emotions ran high as people said goodbye to the anti-apartheid hero. (SOUNDBITE) (English) SOUTH AFRICAN KEFIL MALATSI SAYING: "I feel excited, I'm feeling many emotions. I feel excited, happy, I feel sad, and that's it." (SOUNDBITE) (English) SOUTH AFRICAN FORTUNATE MALUNTANE SAYING: "The feeling was overwhelming, I was shivering, I was literally shaking, and I was taking a video of them and it was so overwhelming. Seeing him personally, feeling his presence and that short distance, I was like, oh my gosh, this is the man who made me who I am this day, I was so happy, I was happy, I was sad at the same time, I felt like I could cry, tears wouldn't get out, but it was overwhelming." The death of the Nobel peace laureate triggered
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Speaking at the Barron's Top Women Advisor's Summit, Cynthia Hewitt explains where she sees value today. Copyright 2013, Dow Jones & Company, Inc.
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One person is dead after a small plane crashed off the island of Molokai, Hawaii. Officials say the other eight people on the plane survived. (Dec. 12)Copyright 2013 The Associated Press
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STORY: An accidental detonation of explosives stored in an Afghan facility beside the U.S. embassy in Kabul sparked a brief panic early on Thursday (December 12), triggering concerns of an attack, but no immediate reports of casualties. The blast happened about 10.30 a.m. (0600GMT), and the U.S. embassy's alarm was heard blaring across the diplomatic area of the Afghan capital immediately afterwards. Farid Shamal, a spokesman for Afghanistan's National Directorate of Security, allayed the worries, saying an electrical fault had accidentally ignited explosives stored in the agency's main compound in Kabul. The explosion came a day after a suicide bomber attacked a German convoy entering an ISAF facility at the city's international airport.
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When Kim Kardashian was ready to reveal her slimmed-down, post-baby swimsuit body to the world, she didn't mess around . But her bikini body? Maybe she was a little rushed into that one.
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Lehigh University music professor and composer Steven Sametz has written dozens of pieces in his long and prolific career, perhaps none so personal as the one he's about to begin: a requiem for the victims of the massacre in Newtown, Conn. (Dec. 12)Copyright 2013 The Associated Press
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ROUGH CUT (NO REPORTER NARRATION) STORY: A small group of Thai anti-government protesters climbed over the walls into the grounds of the prime minister's office on Thursday (December 12) but quickly left after they moved aside internal barricades, a Reuters reporter said. Some climbed a fence or used a ladder before starting to remove the barbed wiring. The protesters said they wanted the police to withdraw from Government House. Riot police in the area held their positions and there was no confrontation. The protesters left after a few minutes.
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A divided U.S. Supreme Court halts the presidential recount in Florida, effectively making Republican George W. Bush the winner. (Dec. 12)Copyright 2013 The Associated Press
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The Philippine peso, usually one of the more stable currencies in Southeast Asia, has fallen since Typhoon Haiyan's onslaught. The stock market in Manila has fallen sharply, too, erasing year-to-date gains. The WSJ's Deborah Kan speaks with Anjani Trivedi about the country's economic outlook. Copyright 2013, Dow Jones & Company, Inc.
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Jason Schwartzman -- of ?Saving Mr. Banks? -- tells Larry why getting into acting wasn?t as inevitable as many would think, despite his Hollywood roots.
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The actors of the slavery drama "12 Years a Slave" led nominees for the Screen Actors Guild (SAG) film awards with four nods including the top prize: best film ensemble cast. The film also earned nods for lead actor Chiwetel Ejiofor. The other films to be nominated for in the top category were: "August: Osage County," which also saw nods for Meryl Streep and Julia Roberts; AIDS drama "Dallas Buyers Club" and its stars Matthew McConaughey and Jared Leto; civil rights tale "Lee Daniels' The Butler" along with Forest Whitaker and Oprah Winfrey; and rounding out the best film ensemble cast, "American Hustle," which also saw star Jennifer Lawrence pick up a supporting actress nod. The SAG awards are among the most-watched honors during Hollywood's busy awards season. They will be handed out in Los Angeles on January 18. With earnings of 125 million dollars (USD), pop singer Madonna is the highest-paid woman in music, easily surpassing Lady Gaga and country-pop singer Tay
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ROUGH CUT (NO REPORTER NARRATION) STORY: The Duke and Duchess of Cambridge attended on Wednesday the screening of Sir David Attenborough's Natural History Museum Alive 3D in London. The event took place at the National History Museum in the capital. The Royals attended a reception before the screening where they met with Attenborough, the film's producers and other attendees, after which the film was screened. Natural History Museum Alive is written and presented by Attenborough. The 90 minute film, set in the museum, uses 3D technology to illustrate how many of the ancient animals on display, once wandered the earth.
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