WASHINGTON (AP) — Your medical plan is facing an unexpected expense, so you probably are, too. It's a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Barack Obama's health care overhaul.The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest companies, employers say. Most of that is likely to be passed...
Wall Street gets small lift from technology and McDonald's
Label: BusinessNEW YORK (Reuters) - Stocks edged higher on Monday as technology shares bounced back after recent weakness and McDonald's posted strong monthly sales. Technology stocks were led by Hewlett-Packard Co , which climbed 2.6 percent to $14.16 on rumors that activist investor Carl Icahn is building a stake in the PC maker. The stock is down 44.5 percent for the year and ranks as the Dow's worst...
Cairo faces rival protests over constitution crisis
Label: WorldCAIRO (Reuters) - Opponents and supporters of Egyptian President Mohamed Mursi's plans to vote on a new constitution will take to the streets in central Cairo later on Tuesday, risking more violent confrontation after last week's deadly clashes. Leftists, liberals and other opposition groups have called for marches to the presidential palace in the afternoon to protest against the hastily...
Tom Cruise: I'm Spending Christmas with My Kids
Label: Lifestyle By Phil Boucher 12/10/2012 at 05:15 PM EST Tom Cruise at the London premiere of Jack Reacher Dec. 10 Dave M. Benett/WireImage It's shaping up to be a very merry Christmas for Tom Cruise.Looking upbeat and winter-warm in a navy sweater and jeans at the London...
Dec
09
Smokers celebrate as Wash. legalizes marijuana
Label: HealthSEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...
Wall St Week Ahead: "Cliff" worries may drive tax selling
Label: BusinessNEW YORK (Reuters) - Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" - and the possibility of higher taxes in 2013 - may act as the greatest incentive to sell both winners and losers by December 31. The $600 billion of automatic tax increases and spending cuts scheduled for the beginning of next year includes higher rates for capital...
Egypt's opposition rejects constitutional referendum
Label: WorldCAIRO (Reuters) - Egypt's main opposition coalition rejected on Sunday Islamist President Mohamed Mursi's plan for a constitutional referendum this week, saying it risked dragging the country into "violent confrontation". Mursi's decision on Saturday to retract a decree awarding himself wide powers failed to placate opponents who accused him of plunging Egypt deeper into crisis by refusing...
Top 10 Tech This Week
Label: Technology1. Here Comes the First Real Alternative to iPhone and AndroidJolla, a Finnish startup, launched a new mobile OS called Sailfish, which the company believes will become a legitimate alternative to the Coke and Pepsi of smartphone platforms: Apple’s iOS and Google’s Android. Learn more about the new OS.Click here to view this gallery.[More from Mashable: Jimmy Fallon and Mariah Carey Take on ‘All I...
Tim McGraw and Faith Hill Kick Off Special Series of Las Vegas Shows
Label: Lifestyle By Mark Gray 12/09/2012 at 05:00 PM EST Tim McGraw and Faith Hill Denise Truscello/WireImage Tim McGraw and Faith Hill looked at each other, their hands on each others knees and shared a passionate kiss just after midnight Sunday morning. The moment was a long...
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