Author: Reuters



Heat ring in new season with win over Celtics

By Simon Evans MIAMI | Wed Oct 31, 2012 12:29am EDT MIAMI (Reuters) - With shiny new diamond-encrusted rings on their fingers, the Miami Heat began their NBA title defence in confident fashion with a 120-107 win over Eastern Conference rivals the Boston Celtics on Tuesday. Miami were presented with championship rings and rose the title banner to ...

Nuggets "thrilled" to seal new Lawson deal

Wed Oct 31, 2012 12:24am EDT (Reuters) - The Denver Nuggets have re-signed speedy point guard Ty Lawson to a contract extension, the team announced Tuesday. The new deal is a four-year agreement worth $48 million, according to local reports, and ensures the Nuggets will hold on to their ever-improving floor leader."We are thrilled to have reached an agreement on ...

Hurricane Sandy wallops Internet commerce just as hard

By Alistair Barr SAN FRANCISCO | Tue Oct 30, 2012 10:57pm EDT SAN FRANCISCO (Reuters) - From Fab.com to Amazon.com Inc and eBay Inc, e-commerce companies scrambled on Tuesday to get goods to buyers on time after Hurricane Sandy tore a swathe of destruction across the U.S. northeast. The storm -- which severed power to warehouses and offices, ripp...

Apple’s iPad mini packs full-sized punch but screen inferior: reviews

SAN FRANCISCO | Tue Oct 30, 2012 10:56pm EDT SAN FRANCISCO (Reuters) - Apple Inc's entry in the accelerating mobile tablet race squeezes about 35 percent more viewing space onto a lighter package than rival devices from Google or Amazon.com Inc, but it sports inferior resolution and a lofty price tag, two influential reviewers wrote on Tuesday. The iPad ...

Best Buy analyst meeting canceled due to East Coast storm

Tue Oct 30, 2012 10:31pm EDT (Reuters) - Best Busy Co Inc on Tuesday canceled an analyst meeting it had planned to hold in New York this week as the city tries to recover from the massive storm Sandy, postponing Chief Executive Hubert Joly's opportunity to tell investors how he plans to turn the company around. No new date has been set for the meeting, which had ...

News Corp’s $2.1 billion bid for Consolidated Media approved

MELBOURNE | Tue Oct 30, 2012 10:22pm EDT MELBOURNE (Reuters) - Shareholders in Consolidated Media Holdings Ltd voted in favor of a A$2 billion ($2.07 billion) takeover offer from Rupert Murdoch's News Corp, giving News Corp a greater share of Australia's pay-TV market. The deal will double the stake of News Corp's Australian unit in dominant pay-TV opera...

New "Star Wars" movies – dream come true, or cosmic yawn?

By Piya Sinha-Roy and Jill Serjeant LOS ANGELES | Tue Oct 30, 2012 10:03pm EDT LOS ANGELES (Reuters) - For years, it seemed like another "Star Wars" movie was just a dream, stillborn in a galaxy far, far away. But down on Earth, the Walt Disney movie studio had different ideas, announcing on Tuesday that it planned not one but at least three new ...

Taylor Swift’s "Red" has highest first week sales since 2002

By Piya Sinha-Roy LOS ANGELES | Tue Oct 30, 2012 9:48pm EDT LOS ANGELES (Reuters) - Country-pop star Taylor Swift's latest album "Red" has notched up the highest first week U.S. sales figures in a decade. According to Nielsen SoundScan figures, "Red" sold 1.2 million copies in its first week of release, giving Swift her biggest debut numbers in a...

Bryant to play in Lakers’ season opener

By Mark Lamport-Stokes LOS ANGELES | Tue Oct 30, 2012 9:26pm EDT LOS ANGELES (Reuters) - Five-time NBA champion Kobe Bryant gave his Los Angeles Lakers team mates a late boost when he pronounced himself fit enough to play in the regular season opener against the Dallas Mavericks on Tuesday. The All-Star guard, who had been sidelined for eight day...

U.S. stock markets to reopen on Wednesday after storm

By John McCrank and Sakthi Prasad Tue Oct 30, 2012 9:00pm EDT (Reuters) - Major U.S. stock exchanges expect to reopen on Wednesday after Sandy, the worst storm to hit New York in nearly 75 years, closed trading for two days. NYSE Euronext (NYX.N) said the New York Stock Exchange would open as usual, although it was prepared to switch to fully electronic t...

California judge rules large Arizona campaign donation can be audited

SACRAMENTO | Tue Oct 30, 2012 8:58pm EDT SACRAMENTO (Reuters) - A California campaign finance regulatory agency can audit a last-minute $11 million out-of-state donation to a political action committee by a mystery group from Arizona, a judge tentatively ruled on Tuesday. A state Superior Court judge in Sacramento wrote that Californians "will suffer irr...

Boeing says 787s for United Airlines are delayed

By Alwyn Scott Tue Oct 30, 2012 8:16pm EDT (Reuters) - Boeing Co (BA.N) said delivery of at least two 787 jets for United Airlines (UAL.N) was taking longer than expected, a surprise hitch in delivery to its first U.S. customer that is set to disappoint some customers wanting to ride the new fuel-efficient aircraft. Boeing said it is working diligently to...

UK’s Barclays looks to move on from Libor scandal

LONDON | Tue Oct 30, 2012 8:02pm EDT LONDON (Reuters) - Barclays (BARC.L) reports third-quarter results on Wednesday, with new chief executive Antony Jenkins aiming to restore some stability after a tumultuous summer for the UK bank dominated by fallout from the Libor interest rate rigging scandal. Jenkins, appointed CEO at the end of August, has taken o...

McIlroy and Woods criticized for Champions no-show

SHENZHEN, China | Tue Oct 30, 2012 7:57pm EDT SHENZHEN, China (Reuters) - The sponsors of this week's WGC-Champions event have criticised world number one Rory McIlroy and 14-times major winner Tiger Woods for turning down the chance to play in the tournament. The pair played in a lucrative head-to-head exhibition match on Monday at Jinsha Lake in China....

Sport scrambles to stay on schedule in Sandy’s aftermath

Tue Oct 30, 2012 7:27pm EDT (Reuters) - Organizers of sports events scheduled to take place in the New York area this week were looking at contingency plans on Tuesday, as the eastern United States began to assess the devastation caused by Hurricane Sandy. Large parts of the region remained without power and transportation in the New York metropolitan area was at...

Chase branches struggle with Sandy’s aftermath

By David Henry Tue Oct 30, 2012 7:25pm EDT (Reuters) - Sandy could be the toughest challenge yet for the man who fixes JPMorgan Chase & Co's (JPM.N) bank branches after hurricanes. The bank has more branches in and around New York than in other areas like Florida that are more commonly hit by hurricanes. And, with the city's subways damaged, getting e...

More than 1.2 million ballots cast in key state of Ohio

WASHINGTON | Tue Oct 30, 2012 7:24pm EDT WASHINGTON (Reuters) - More than 1.2 million Ohio residents have already voted in the state which is seen as one of the most crucial in deciding the November 6 presidential election. The Ohio Secretary of State's office said that as of October 26, about 1.26 million voters had cast ballots by mail-in absentee ball...

Tsonga into Paris third round with Benneteau win

By Julien Pretot PARIS | Tue Oct 30, 2012 7:24pm EDT PARIS (Reuters) - Jo-Wilfried Tsonga started his quest for an ATP World Tour final spot with a 6-2 4-6 7-6 second-round victory over fellow Frenchman Julien Benneteau at the Paris Masters on Tuesday. The sixth seeded Tsonga will claim one of the two remaining spots for next month's season-endin...

Obama cancels campaign trip, will view storm damage

By Jeff Mason WASHINGTON | Tue Oct 30, 2012 7:13pm EDT WASHINGTON (Reuters) - President Barack Obama canceled campaign appearances in Ohio on Wednesday and scheduled a trip to New Jersey instead to survey damage caused by powerful storm Sandy, a move designed to portray him as a strong leader a week before Election Day. Obama, who is in a close r...

NASA rover finds Mars’ soil similar to Hawaii’s

By Irene Klotz CAPE CANAVERAL, Florida | Tue Oct 30, 2012 7:11pm EDT CAPE CANAVERAL, Florida (Reuters) - In the first inventory of minerals on another planet, NASA's Mars rover Curiosity found soil that bears a striking resemblance to weathered, volcanic sand in Hawaii, scientists said on Tuesday. The rover uses an X-ray imager to reveal the atom...

NASA rover finds Mars’ soil similar to Hawaii’s

By Irene Klotz CAPE CANAVERAL, Florida | Tue Oct 30, 2012 7:11pm EDT CAPE CANAVERAL, Florida (Reuters) - In the first inventory of minerals on another planet, NASA's Mars rover Curiosity found soil that bears a striking resemblance to weathered, volcanic sand in Hawaii, scientists said on Tuesday. The rover uses an X-ray imager to reveal the atom...

Early voting extended in Maryland, Washington D.C. after storm

WASHINGTON | Tue Oct 30, 2012 6:29pm EDT WASHINGTON (Reuters) - Early voting in Maryland, which was halted for two days because of Hurricane Sandy, will resume on Wednesday and be extended for one day, the governor said on Tuesday. Maryland Governor Martin O'Malley, who had canceled early voting on Monday and Tuesday, said it would now be extended throug...

BioCryst drops hep C drug on safety issues

Tue Oct 30, 2012 6:24pm EDT (Reuters) - BioCryst Pharmaceuticals Inc said it would withdraw an application to test its experimental hepatitis C drug in humans after the U.S. Food and Drug Administration expressed concern about its safety. The FDA had concerns about the preclinical toxicity profile of the drug candidate, BCX5191, the company said.The drug belongs ...

Obama and Christie make unlikely traveling companions

By Susan Heavey WASHINGTON | Tue Oct 30, 2012 6:12pm EDT WASHINGTON (Reuters) - No one's calling it a "campaign" event. But it will surely dominate the presidential campaign on Wednesday when Democratic President Barack Obama and New Jersey's Republican Governor Chris Christie inspect storm damage in the hard hit coastal state - together. Had Oba...

For Chris Christie, a Jersey shore drama that’s also political

By David Ingram WASHINGTON | Tue Oct 30, 2012 6:04pm EDT WASHINGTON (Reuters) - When someone dared to ask Chris Christie how Superstorm Sandy would influence next week's U.S. elections, the New Jersey governor displayed the confrontation-loving, hard-charging style that has made him a rising national figure. "I don't give a damn about Election Da...

Romney sticks to storm relief script at Ohio event

By Steve Holland KETTERING, Ohio | Tue Oct 30, 2012 6:03pm EDT KETTERING, Ohio (Reuters) - Republican presidential candidate Mitt Romney, blown off the campaign trail by Hurricane Sandy, drew a fine line between politicking and storm relief on Tuesday as the weather cast an unpredictable pall over the race with just a week to go until Election Da...

New James Bond film gets five-star Vatican blessing

By Philip Pullella VATICAN CITY | Tue Oct 30, 2012 5:49pm EDT VATICAN CITY (Reuters) - If anyone thinks the Vatican newspaper is still a staid broadsheet that publishes only religious news and harsh papal edicts, consider this: On Tuesday it ran not one but five articles about the new James Bond film. "Skyfall" gets a rave review in l'Osservatore...

Dow Chemical to take charge of up to $1.1 billion

By Ernest Scheyder and Deepa Seetharaman Tue Oct 30, 2012 5:43pm EDT (Reuters) - Dow Chemical Co (DOW.N) will take a fourth-quarter charge of up to $1.1 billion related to last week's announcement it will close 20 plants, write down the value of its lithium ion battery business and lay off thousands of workers. Dow, the largest U.S. chemical maker, said t...

Obama, Romney put aside campaign for storm relief – for now

By Steve Holland KETTERING, Ohio | Tue Oct 30, 2012 5:24pm EDT KETTERING, Ohio (Reuters) - President Barack Obama and Republican Mitt Romney on Tuesday briefly put aside their fierce battle for the White House, as they avoided politics to focus on relief efforts after mammoth storm Sandy left millions of Americans struggling to recover. With a we...

Hospitals battled to protect patients as Sandy raged

By Dhanya Skariachan NEW YORK | Tue Oct 30, 2012 4:45pm EDT NEW YORK (Reuters) - At one New York hospital where backup generators failed, staff carried premature babies down more than a dozen flights of stairs in one of the more dramatic moments for healthcare workers during powerful storm Sandy. Record flooding and power outages across the north...

Sugary drinks linked to higher stroke risk

By Kerry Grens NEW YORK | Tue Oct 30, 2012 4:16pm EDT NEW YORK (Reuters Health) - Women who imbibe sugary soft drinks almost every day are 83 percent more likely to have a certain type of stroke than women who rarely drink sodas and other sweetened beverages, according to a new study from Japan. Although the findings don't prove that sweet drinks...

Smokers miss work more often, cost UK billions

By Genevra Pittman NEW YORK | Tue Oct 30, 2012 4:15pm EDT NEW YORK (Reuters Health) - Smokers miss an average of two or three more days of work each year than non-smokers, according to a new analysis of 29 past studies. Based on that finding, absenteeism due to smoking cost the UK alone 1.4 billion pounds - or $2.25 billion - last year, researche...

Disney to buy "Star Wars" producer Lucasfilm for $4.05 billion

Tue Oct 30, 2012 4:08pm EDT (Reuters) - Walt Disney Co said it agreed to buy film maker George Lucas's Lucasfilm Ltd for $4.05 billion. Disney will pay about half in cash and issue about 40 million shares at closing for the acquisition of the film studio known for the iconic "Star Wars" movies.(Reporting by Himank Sharma in...

Hurricane Sandy disrupts Northeast U.S. telecom networks

By Sinead Carew NEW YORK | Tue Oct 30, 2012 3:55pm EDT NEW YORK (Reuters) - Power outages and flooding caused by Hurricane Sandy disrupted telecommunications services in Northeastern states on Tuesday, resulting in spotty coverage for cellphones, television, home telephones and Internet services. While all the region's telecom service providers w...

Russia’s leaders criticized at Stalin commemorations

By Lidia Kelly MOSCOW | Tue Oct 30, 2012 3:50pm EDT MOSCOW (Reuters) - Relatives of Josef Stalin's victims commemorated the Soviet dictator's repression on Tuesday and many condemned Russia's leaders for not taking part. Millions of people were executed or sent to prison camps under Stalin's rule ...

Sandy strikes in Canada too, far from storm’s center

By Rod Nickel Tue Oct 30, 2012 3:41pm EDT (Reuters) - More than 100,000 Canadians were still without power on Tuesday after the huge storm Sandy toppled trees and power lines in Canada's most populous provinces, killed one person, and halted units at an Ontario refinery. But Canada was far from the center of the storm and the impact was tiny compared to t...

Apple in safe hands with bigger role for Ive: analysts

Tue Oct 30, 2012 3:31pm EDT (Reuters) - The exit of Apple Inc's (AAPL.O) longtime mobile software products chief may be a surprise, but a band of able executives led by Tim Cook and a bigger role for design boss Jonathan Ive meant the company was in good hands, analysts said on Tuesday. Ive, Apple's celebrated industrial design chief will now look into both hardw...

Pacers’ Granger out "indefinitely" with sore knee

Tue Oct 30, 2012 3:28pm EDT (Reuters) - The Indiana Pacers will launch their regular season on Wednesday without their top scorer, former All-Star forward Danny Granger, who has been sidelined "indefinitely" because of a sore left knee. Granger, who averaged a team-high 18.7 points per game last season, was consulting with doctors on Tuesday to get a second opini...

Pakistan says protects rights, West disagrees

By Robert Evans GENEVA | Tue Oct 30, 2012 3:12pm EDT GENEVA (Reuters) - Pakistan, plagued by Islamists militancy, sectarian violence and frequent disasters that push its people deeper into poverty, told the United Nations on Tuesday it is a democratic and progressive state working to protect human rights. But Western countries and the normally an...

Protesters storm Libya congress after prime minister presents government

By Ghaith Shennib and Marie-Louise Gumuchian TRIPOLI | Tue Oct 30, 2012 3:04pm EDT TRIPOLI (Reuters) - Protesters stormed Libya's national assembly on Tuesday, forcing the cancellation of a vote on a proposed coalition government named by the country's new prime minister just hours earlier. Fewer than 100 people, made up of civilians and former r...