Jan
09

Analysis: Modi's Gujarat growth model might not work across India

SURAT, India (Reuters) - Turning a single Indian state with a long tradition of entrepreneurship and a solid political majority into an investor-friendly economic powerhouse is one thing. Replicating that experience across a diverse country of 1.2 billion would be a tougher prospect for Narendra Modi, whose leadership of booming Gujarat state has led to his being touted as a potential...
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China's 2012 trade surplus surges 48%

BEIJING: China's trade surplus surged 48.1 percent to $231.1 billion in 2012 from the previous year, though total trade volume grew at a much slower pace, official data showed on Thursday.Exports from the world's second-largest economy rose 7.9 percent to $2.05 trillion, while imports increased 4.3 percent to $1.82 trillion, the national customs bureau said.China's trade volume, or the...
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Shopping via mobile devices increased 81 percent in 2012

The growing popularity of tablets is helping drive an increase in mobile device shopping.(Credit:Jared Kohler/CNET)The phrase "shop by phone" took on a new meaning in 2012, with U.S. consumer spending via mobile devices nearly doubling over 2011.Shoppers used their smartphones and tablets to make $25 billion in purchases last year, an increase of 81 percent over the previous year, according to data...
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Mom who shot intruder inspires gun control foes

LOGANVILLE, Ga.A Georgia mother who shot an intruder at her home has become a small part of the roaring gun control debate, with some firearms enthusiasts touting her as a textbook example of responsible gun ownership. Melinda Herman grabbed a handgun and hid in a crawl space with her two children when a man broke in last week and approached the family at their home northeast of Atlanta, police...
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Flu Kills 4 Seniors, Sickens 700 in Boston

An early and nasty flu season has prompted a public health emergency in Boston, where health officials say 700 people have been diagnosed with the cold-weather virus. Four Bostononians -- all elderly -- have died from flu."This is the worst flu season we've seen since 2009, and people should take the threat of flu seriously," Boston Mayor Thomas Menino said in a statement.This...
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Jan
08

Venezuela postpones inauguration for cancer-stricken Chavez

CARACAS (Reuters) - Venezuela will postpone the inauguration of President Hugo Chavez for a new term due to health problems, the government said on Tuesday, another sign the socialist leader's cancer may be bringing an end to his 14 years in power. The 58-year-old former soldier who has dominated the South American OPEC nation since 1999 has not been heard from since surgery on December...
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Relatives sob as US massacre 911 calls heard in court

CENTENNIAL, Colorado: Relatives wept in court Tuesday as frantic 911 calls were played from a US theater shooting that killed 12 people last year, as prosecutors closed their case for the alleged gunman to face trial.The court heard how suspected killer James Holmes purchased more than 6,000 rounds of ammunition in the months before last July's shooting in Colorado, and rigged up elaborate...
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iPhone 5 comes to Walmart's no-contract Straight Talk plan

Apple's iPhone 5.(Credit:CNET)Forget contracts, users can now snap up Apple's iPhone 5 at Walmart with Straight Talk Wireless. The major retailer announced today that it will be offering users a contract-free iPhone 5 or iPhone 4 for $45 a month starting on Friday. "We believe customers shouldn't have to choose between saving money and having the latest technology," senior vice president of Entertainment...
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AP: Gov. Richardson pressing N. Korea to open Internet

Former New Mexico Gov. Bill Richardson is interviewed by journalists after arriving at Pyongyang International Airport in Pyongyang, North Korea, Monday, Jan. 7, 2013. Richardson arrived in the North Korean capital with Executive Chairman of Google Eric Schmidt, and called the trip a private humanitarian visit. / AP Photo/Kim Kwang Hyon PYONGYANG, North Korea Former New Mexico Gov. Bill Richardson...
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Holmes Played Childish Games After Aurora Carnage

As police confronted the movie theater carnage and a massive booby trap left behind by accused Aurora gunman James Holmes, the suspect loopily played with hand puppets, tried to stick a metal staple in an electrical socket and clamly flipped a styrofoam cup, according to court testimony today.Holmes, 25, displayed the bizarre behavior once he was in custody and taken to Aurora...
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