Apple testing new iPhone, iOS 7: report

(Reuters) – Apple Inc has started testing a new iPhone and the next version of its iOS software, news website The Next Web reported.Apple shares were up 2.6 percent at $ 546.06 in premarket trading. The stock closed at $ 532.17 on the Nasdaq on Monday.Application developers have found in their app usage logs references to a new iPhone identifier, iPhone 6.1, running iOS 7 operating system, the website...

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Jon Stewart to host Grammy’s MusiCares tribute

LOS ANGELES (AP) — Jon Stewart is hosting the MusiCares salute to Bruce Springsteen.The Recording Academy also announced Wednesday that Elton John, Neil Young, Mumford & Sons, Sting, Mavis Staples and Kenny Chesney will be among more than a dozen performers who will help pay tribute to Springsteen during the Feb. 8 benefit concert, held in Los Angeles two days before the Grammy Awards.Springsteen...

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Mandela’s recovery “on track” at home: South African government

JOHANNESBURG (Reuters) – Former South African President Nelson Mandela‘s recovery is ‘on track’ at his home in Johannesburg, the government said on Wednesday in its first statement since the anti-apartheid hero was released from hospital a week ago.Mandela, 94, who has been in frail health for several years, spent nearly three weeks in a Pretoria hospital in December for treatment of a lung infection...

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Markets rally on US fiscal deal

2 January 2013 Last updated at 09:51 ETContinue reading the main storyGlobal stock markets have rallied after a short-term deal to stave off the US “fiscal cliff” was reached.The Dow Jones gained 1.8% at the open on Wall Street, while European shares were up by more than 2% for the day.Failure to agree a deal would have triggered spending cuts and tax rises worth $ 600bn (£370bn), expected to throw...

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Israeli-Palestinian clashes erupt in West Bank

TAMOUN, West Bank (AP) — An arrest raid by undercover Israeli soldiers disguised as vegetable vendors ignited rare clashes in the northern West Bank on Tuesday, residents said, leaving at 10 Palestinians wounded.Israeli army raids into Palestinian areas to seize activists and militants are fairly common. The raids are normally coordinated with Palestinian security forces, and suspects are usually...

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Relive the Paralympics’ Most Inspiring Moment of the Year

Back in July, we covered how social media would be critical to the success of the 2012 Paralympic Games. The Paralympics ended in September, but the International Paralympic Committee is still using the web to shine a light on unheralded athletes and tell stories of remarkable inspiration.[More from Mashable: Watch the Scariest Skiing Lesson of All Time]The committee revealed its top moment of 2012...

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ESPN’s Hannah Storm returns 3 weeks after accident

NEW YORK (AP) — ESPN anchor Hannah Storm returns to the air New Year’s Day, exactly three weeks after she was seriously burned in a propane gas grill accident at her home.Storm suffered second-degree burns on her chest and hands, and first-degree burns to her face and neck. She lost her eyebrows and eyelashes, and roughly half her hair.Storm will host ABC’s telecast of the 2013 Rose Parade on Tuesday....

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Omega-3s may not protect against faulty heart rhythm

NEW YORK (Reuters Health) – Sorry, Charlie, but fish oil supplements did not prevent atrial fibrillation in patients who had already experienced episodes of the heart rhythm malfunction, a new clinical trial has found.The study, published in the Journal of the American College of Cardiology, adds to a growing pool of disappointing evidence regarding the protective effects of omega-3 fatty acids on...

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UK assumes presidency of G8 group

31 December 2012 Last updated at 22:18 ETThe UK is assuming its year-long presidency of the G8 group of nations.The presidency – which rotates through the G8 members – means it will host the annual leaders’ summit and choose the global priorities that are discussed.June’s summit is to be held at Lough Erne, in County Fermanagh, while topics discussed will include tax havens.The G8 is made up countries...

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UPDATE 7-Tennis-Auckland Classic women’s singles round 1 results

Jan 1 (Infostrada Sports) – Results from the Auckland Classic Women’s Singles Round 1 matches on Tuesday2-Julia Goerges (Germany) beat Anastasija Sevastova (Latvia) 6-3 6-4Marina Erakovic (New Zealand) beat Stephanie Dubois (Canada) 6-2 6-11-Agnieszka Radwanska (Poland) beat Greta Arn (Hungary) 6-2 6-28-Mona Barthel (Germany) beat Grace Min (U.S.) 6-1 6-36-Yaroslava Shvedova (Kazakhstan) beat Lara...

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Can Samsung survive without Android?

Samsung (005930) is the world’s top Android smartphone vendor by a staggering margin. Aside from LG (066570), which managed a small $ 20 million profit from its mobile division last quarter, no other global Android vendor can figure out how to make money selling Android phones. Meanwhile, Samsung posted a $ 6 billion profit on $ 47.6 billion in sales in the third quarter, thanks largely to record...

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FDA approves 1st new tuberculosis drug in 40 years

WASHINGTON (AP) — The Food and Drug Administration says it has approved a Johnson & Johnson tuberculosis drug that is the first new medicine to fight the deadly infection in more than four decades.The agency approved J&J’s pill, Sirturo, for use with other older drugs to fight hard-to-treat tuberculosis.Sirturo is the first medicine specifically designed for treating multi-drug-resistant tuberculosis....

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Commissions banned on new sales

31 December 2012 Last updated at 07:37 ETFinancial advisers and sales staff can no longer be paid commissions by the firms whose policies they are selling.New rules, aimed at eradicating the long-standing practice, are being imposed by the Financial Services Authority (FSA) from now.The aim is to stop policies – such as private pensions and investments – being mis-sold by sales staff, motivated by...

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Canadian job creation seen sharply lower in December

OTTAWA (Reuters) – Canada‘s job market is expected to slow markedly in December to reflect the sluggish economy and employers’ fears about the U.S. fiscal crisis following outsized gains of over 50,000 jobs in two of the previous three months.The median forecast in a Reuters poll is for the economy to add just 5,000 jobs in the month, with forecasts ranging from a loss of 20,000 positions to a gain...

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NASA Sets Record with Ion Thrusters Test

NASA has completed a 43,000 hour stress test — a record for ion thrusters — on a new rocket propulsion system that could extend future space travel to farther reaches of the solar system.Developed by NASA’s Evolutionary Xenon Thruster Project, the 7-kilowatt ion thruster can burn 10-12 times longer than the conventional chemical thrusters used today. Though not practical for manned-spaceflight, the...

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Hot spots draw believers, but not doomsday

As the sun rose from time zone to time zone across the world on Friday, there was still no sign of the world’s end — but that didn’t stop those convinced that a 5,125-year Mayan calendar predicts the apocalypse from gathering at some of the world’s purported survival hot spots.Many of the esoterically inclined expected a new age of consciousness — others wanted a party. But, in some places said to...

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Republican Senator: chances for “fiscal cliff” deal “exceedingly good”

WASHINGTON (Reuters) – Republican Senator Lindsey Graham said on Sunday that chances for a small “fiscal Cliff” deal in the next 48 hours were “exceedingly good” and that President Barack Obama had won.“I think people don’t want to go over the cliff if we can avoid it,” Graham said on Fox News Sunday.“This deal won’t affect the debt situation, it will be a political victory for the president and I...

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We’re Paying Off Our Debts, At Least At Home

Had it with the so-called fiscal cliff? Wondering what comes next now that Republicans pulled the plug on House Speaker John Boehner’s Plan B? Take a break from the frenzy in Washington and ignore for the moment the federal government’s red ink. Focus instead on another balance sheet that isn’t getting enough attention: The household balance sheet. Over the past five turbulent years, despite high...

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Suspected US drone kills 3 al-Qaida men in Yemen

SANAA, Yemen (AP) — Three al-Qaida militants were killed in a suspected U.S. drone strike in southern Yemen, Yemeni security officials said, the fourth such attack this week and a sign attacks from unmanned aircraft are on the upswing in the country.The officials said the three men were hit as they were riding in a Land Cruiser in el-Manaseh village on the outskirts of Radda in Bayda province. Dozens...

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