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Emma Moody takes a look at the markets, including three stocks to watch today. Photo: Getty Images. Copyright 2013, Dow Jones & Company, Inc.
44 minutes ago
Carl Icahn is softening his approach to getting at Apple's bulging cash pile, now seeking a shareholder vote for a more-modest share buyback than what he proposed earlier this year. David Benoit reports. Photo: Getty Images. Copyright 2013, Dow Jones & Company, Inc.
51 minutes ago
Cover is an Android app that aims to smarten up the lock screen by giving you the apps you want, when you want. See how it works here. Copyright 2013, Dow Jones & Company, Inc.
30 minutes ago
ROUGH CUT (NO REPORTER NARRATION) A massive explosion at a trash incinerator in Shanghai killed at least one person and injured five on Thursday (December 5), state media reports. Aerial shots of the site broadcast by CCTV showed the 400 square meter plant completely blown apart. The blast occurred at around 3.30pm local time (0730GMT) when an unknown substance ignited, CCTV said. Around one hundred rescue workers had already pulled out five survivors, who were sent to hospital. The search was ongoing for one still missing on Thursday evening, the report said.
1 hour ago
Heavy snow and ice could stretch from the Great Lakes to Oklahoma and Arkansas on Thursday, as parts of the region deal with an extreme cold snap. (Dec. 5)Copyright 2013 The Associated Press
2 hours ago
U.S. Vice President Joe Biden's visit to China has been dominated by discussions about Beijing's new air defence zone. China's wants to secure an area two-thirds the size of Britain. It includes islands which are also claimed by Japan. Biden says he had expressed Washington's objection to such a move. (SOUNDBITE) (English) U.S. VICE PRESIDENT JOE BIDEN, SAYING: "But China's recent and sudden announcement of the establishment of a new air defence identification zone has, to state the obvious, caused significant apprehension in the region. And I was very direct about our firm position and our expectations in my conversations with President Xi." (SOUNDBITE) (English) U.S. VICE PRESIDENT JOE BIDEN, SAYING: "The United States has a profound stake in what happens here. Because we need and we are, and we'll remain a Pacific power diplomatically, economically, and militarily. That's just a statement of fact." China's Foreign Ministry said Biden was tol
2 hours ago
Asia’s richest man recently offered kernels of wisdom in a rare interview with Chinese media, stressing the importance of financial prudence. WSJ's Wei Gu speaks with Oliver Rui, co-director of CEIBS Kaifeng Center for Family Heritage, about what investors can learn from Li Ka-shing. Photo: Getty Copyright 2013, Dow Jones & Company, Inc.
2 hours ago
Banks are increasingly looking to algorithms to help root out illegal behavior by traders. Software developers Chase IT demonstrate how its software uses emails, voice calls and instant messaging to predict potential fraudulent behavior and also find out a lot more besides. Copyright 2013, Dow Jones & Company, Inc.
2 hours ago
ROUGH CUT (NO REPORTER NARRATION) At least 20 people were killed in a car bomb attack and gun battle at the defence ministry compound in the Yemeni capital Sanaa, sources inside the complex said. Witnesses to Thursday's (December 5) attack described heavy gunfire and bombs being thrown inside the compound's hospital. The defence ministry said the attack targeted the ministry's hospital and most of the gunmen had been killed or wounded. It is one of the most serious attacks in the past 18 months. Footage broadcast by Yemen TV showed the aftermath. One witness said they heard the sound of gunfire, and then realised there were people dressed in military uniforms throwing bombs inside the hospital. The gunmen killed a Western doctor and a Filipina nurse in front of their colleagues in the hospital, a medical and defence ministry source said. Violence is common in Yemen, where an interim government is grappling with southern secessionists, al Qaeda-
3 hours ago
With the market hitting new highs, fund owners will get hit with taxes on distributions, even if they don't sell. Copyright 2013, Dow Jones & Company, Inc.
3 hours ago
ROUGH CUT (NO REPORTER NARRATION) British Prime Minister David Cameron says the United Kingdom is the most open country to Chinese investment, speaking to state broadcaster China Central Television at Shanghai's Jiaotong University. (SOUNDBITE) (English) BRITISH PRIME MINISTER DAVID CAMERON SAYING: "Britain wants to see China succeed, Britain believes that there are great advantages, not just for the Chinese people but for the whole world, and we want to see British business, British investment, coming into China, but also we welcome, very strongly welcome, Chinese investment into Britain." Cameron met with Chinese President Xi Jinping and Premier Li Keqiang in Beijing earlier in the week. He reiterated his support for a multi-billion-dollar free trade deal between China and the European Union, despite the EU executive's rejection of the move as premature. (SOUNDBITE)(English) BRITISH PRIME MINISTER DAVID CAMERON SAYING: "The British economy is
4 hours ago
The Gigantic Christmas Tree in New York's Rockefeller Center was lit up on Wednesday night. The 76-foot Norway Spruce has 45,000 multicolored LED lights. (Dec. 5)Copyright 2013 The Associated Press
5 hours ago
A male from Battipaglia, Italy was recently taken into police custody for allegedly threatening a barman for free food and drinks. While the so called threats were subtle, the man would commonly boast about being a ‘mafia boss’. Apparently the allure of being a mafia member is very much alive for some people. A 52 year old male from Battipaglia, Italy, was recently taken into police custody for allegedly threatening a barman for free food and drinks.While the so called threats were non violent, over the course of several days the man would brag he was a ‘mafia boss’.He told stories about being the mob leader for the Camorra clan. Reportedly, he was telling his illegal lifestyle tales to the bartender in an effort to scare him, as he was sitting at the bar enjoying a good amount of croissants and coffee.Eventually the bartender got tired of listening to him and wanted to see some cash. After the worker asked for the tab to be paid, the alleged mafia man left a container of gaso
6 hours ago
For one set of relatives in Richland County, South Carolina, a seemingly simple argument over dinnerware turned violent. Disagreements are a common thing among families. But for one set of relatives in Richland County, South Carolina, a seemingly simple argument over dinnerware turned violent. (1,1,1)47-year-old Edward William Bright was arrested and charged with assault and battery after police officers arrived at a residence located on Lakeridge Parkway. (1,2,1) The brother of the suspect was found bleeding and he was hospitalized for non-life threatening injuries.According to the police report, he had been stabbed multiple times in his upper body. (1,4,1) The wounds were said to be superficial. (3,4,1)It was not released if any underlying hostility was partly to blame for the violence, however it was noted the males couldn’t agree on what type of dinnerware was going to be used for dinner. The fight escalated quickly when Edward pulled out a steak knife and used it on his s
6 hours ago
Investigators were alerted of a potential crime after a 30-year-old man fell to the ground in the driveway of a local medical facility. He had reportedly driven himself to the hospital after being shot in the face. Police in Atlantic City, New Jersey are absolutely baffled about a recent shooting. Investigators were alerted of the potential crime after a 30-year-old man fell to the ground in the driveway of a local medical facility.He had reportedly driven himself to the hospital after being shot in the face. The male arrived there shortly after 11 on a Sunday night.Thankfully he was taken into the establishment and treated for the wound on his cheek. But here’s the major problem – the alleged victim’s story hasn’t exactly been the same throughout police rounds of questioning.Adding to the mystery is that no gunshots in the local area were reported and a system called ShotSpotter failed to pick up any firearm discharges. Although the man’s vehicle was seized for forensic testin
6 hours ago
A network of high-ceiling caves, which are hand crafted and sculpted from sandstone cliffs, is now up for grabs on the real estate market. Looking for a one-of-a-kind place, in a world full of cookie cutter homes, isn’t all that easy. An exceptionally unique space is currently on the market.It’s a network of high-ceiling caves, which are hand crafted and sculpted from sandstone cliffs. Located in the northern part of New Mexico, between Santa Fe and Taos, the overall property size is over 200 acres.Although the lots can be separated to reduce the price, the package deal is going for $995,000. The cave cathedral was built by 67-year-old Ra Paulette, who is an expert of sorts when it comes to caves, as he has dug and carved about 14 of them in the past quarter century.The realtor behind the sale described the property noting it has “surreal rock formations throughout, sweeping mountain views and includes two unforgettable hand-carved, underground sandstone "cathedrals or meditat
6 hours ago
In a heartwarming story, Eleanor and Frank Turner of North Carolina, who had been married for 65 years, recently passed away on the same day only hours apart. In a touching story, Eleanor and Frank Turner of North Carolina, who had been married for almost 65 years, recently passed away on the same day just hours apart. Adding to the rare occurrence, neither spouse knew of the other’s fate. 87-year-old Eleanor was the first to pass on at Hospice House in Monroe on a recent Friday.Approximately 9 hours later, Frank died in a different care facility, completely unaware that his wife was already gone. The couple’s 65th wedding anniversary would have been on Christmas Eve. The Turners daughter, Linda Purser stated “They didn’t give up. They had their share of fights, just like anybody else. But when it came down to everything in the end, they stuck together. They worked together as a team to do everything.” Although the family is grieving, they are finding comfort in knowing the
Police in Manhattan are searching for three suspects who allegedly robbed an unsuspecting victim in an elevator. The disturbing incident occurred on November 23rd inside an apartment building located on the Lower East Side of the borough. A recent story suggests that we can be a target of crime pretty much anywhere. Police in Manhattan are searching for three suspects who allegedly robbed an unsuspecting victim in an elevator. The disturbing incident occured on November 23rd inside an apartment building located on the Lower East Side of the borough. The whole ordeal was captured on film thanks to a surveillance camera. The culprits behind the act, two men and one female waited until the 45-year-old victim was walking out the doors of the elevator before pulling him back in and pinning him to the floor.They then stole the man’s personal belongings and took off on foot, leaving the male lying down, completely passed out. Thankfully the victim survived. However, he is understandab
Recently in the Washington D.C. area, about $10,000 that was collected in Salvation Army’s red kettles to help local families in need was stolen by one or two suspects breaking into the Solomon G. Brown Corps Community Center building. The holidays can be a particularly difficult time for those struggling to make ends meet, especially families with children. Recently in the Washington D.C. area about $10,000 that was collected in the Salvation Army’s red kettles to help local families in need was stolen by one or two suspects. The thieves broke into the Solomon G. Brown Corps Community Center building where Salvation Army and So Others Might Eat, another non-profit group helping the homeless, have offices.The money was to provide people with food, help with bills, and presents for their children’s Christmas, among other needs. Salvation Army is asking the community to help them recover by donating a little extra and to pray for those responsible as D.C. police officers continue t
A convenience store in Gastonia, North Carolina was recently hit by an armed thief, who didn’t walk away with money, but instead left with a single can of beer. A convenience store in Gastonia, North Carolina was recently hit by an armed thief, who didn’t walk away with money, but instead left with a single can of beer. The store worker on duty at the time of the crime, Charlie Welch even recognized the suspect, later identified as 23-year-old Jah Setzer, as he was a regular customer at the business. Setzer was carrying a loaded revolver when he attempted to swipe cash from the register. Once he realized he couldn’t open it, Setzer allegedly fired several shots at Welch. Thankfully the victim was able to move towards the back door, as part of his efforts to avoid getting shot. He was successful and managed to escape the bullets. The suspect grabbed a can of Bud Light off the counter and fled from the store on foot. Police were called to the scene and quickly apprehended Setz
6 hours ago