Egyptian military says only dialogue can avert disaster

CAIRO (Reuters) - Egypt's military said on Saturday only dialogue could avert "catastrophe", stepping into a crisis pitting Islamist President Mohamed Mursi against opponents who accuse him of grabbing excessive power. State broadcasters interrupted their programs to read out an army statement telling feuding factions that a solution to the upheaval in the most populous Arab nation should...

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Zynga seeks real-money gambling license in Nevada

SAN FRANCISCO (Reuters) – Social games maker Zynga Inc said on Wednesday it filed a preliminary application to run real-money gambling games in Nevada, a significant step in cracking a complex but potentially massive new market that could resuscitate its faltering business.The Nevada Gaming Control Board will now examine whether Zynga is fit to hold a gaming license that would allow gamblers in the...

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Kate's Severe Morning Sickness Could Be Hereditary

By Michelle Tauber 12/08/2012 at 11:15 AM EST Catherine, Duchess of Cambridge Ben Pruchnie/Getty Even duchesses can get the monster of all morning sicknesses.Known as hyperemesis gravidarum (HG), the condition – for which Kate was hospitalized for four days – is characterized by debilitating...

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (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...

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Wall Street Week Ahead: "Cliff" worries may drive tax selling

NEW 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...

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Egypt struggle seen costing Mursi, even if he wins

CAIRO (Reuters) - The crisis unleashed by President Mohamed Mursi's bid to wrap up Egypt's transition on his own terms has eroded his nation's faith in their nascent democracy and will complicate the already unenviable task of government. His effort to drive through a constitution against the wishes of major sections of society, including a Christian minority, has damaged prospects for...

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Crowdfunding websites clamor for clearer regulation

LONDON (Reuters) – A new breed of internet-based financiers are calling for action to end regulatory uncertainty they say is preventing them from getting money to the small and medium-sized businesses that need it.The so-called crowdfunding sector raises cash from members of the public to fund lending and investment. Regulators, however, have proved resistant to pleas for adjustments to rules that...

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It's a Boy for Jennifer Nettles!

Mom & Babies Celebrity Baby Blog 12/07/2012 at 12:00 PM ET Jason Kempin/GettyHow sweet!Sugarland‘s Jennifer Nettles welcomed son Magnus Hamilton Miller on Thursday, Dec. 6, her rep confirms to PEOPLE.Baby Magnus is the first child for the Grammy-winning singer, 38, and her husband, entrepreneur...

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (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...

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S&P, Nasdaq drop as consumer sentiment offsets jobs

NEW YORK (Reuters) - The S&P 500 and the Nasdaq slipped on Friday after consumer sentiment unexpectedly dipped, dampening early enthusiasm from a better-than-expected employment report. The Thomson Reuters/University of Michigan's preliminary consumer sentiment index plunged to 74.5 in early December, the lowest level since August. Wall Street opened higher after U.S....

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Military halts clashes as political crisis grips Egypt

CAIRO (Reuters) - Egypt's Republican Guard restored order around the presidential palace on Thursday after fierce clashes killed seven people, but passions ran high in a contest over the country's future. President Mohamed Mursi had been due to address the nation, but a presidential source said the Islamist leader, criticized by his opponents for his silence in the last few days, might...

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Windows 8: A ‘Christmas gift for someone you hate’

Microsoft (MSFT) is no stranger to criticism these days, and the company’s new Windows 8 platform is once again the target of a scathing review from a high-profile user. Well-known Internet entrepreneur and MIT professor Philip Greenspun handed Windows 8 one of its most damning reviews yet earlier this week, calling the new operating system a “Christmas gift for someone you hate.” Greenspun...

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Demi Moore Dances Up a Storm at Miami Party

By Becky Randel 12/06/2012 at 12:30 PM EST Lenny Kravitz, Demi Moore and Stacy Keibler CelebrityVibe/Splash News Online Demi Moore has officially arrived in Miami for Art Basel week – and from the looks of it, she's ready to party!The actress, who may be in town...

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Celebrations planned as Wash. legalizes marijuana

SEATTLE (AP) — Legal marijuana possession becomes a reality under Washington state law on Thursday, and some people planned to celebrate the new law by breaking it.Voters in Washington and Colorado last month made those the first states to decriminalize and regulate the recreational use of marijuana. Washington's law takes effect Thursday and allows adults to have up to an ounce of pot — but it bans...

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Wall Street gains as Apple rebounds; fiscal talks eyed

NEW YORK (Reuters) - Stocks managed slight gains by midday on Thursday as Broadcom's upbeat guidance and a turnaround in Apple shares helped lift technology stocks, while investors monitored news from Washington for signs of progress on the "fiscal cliff" negotiations. Apple erased initial losses of as much as 3.7 percent at the open, which briefly brought the market capitalization of...

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Egypt clashes erupt despite proposal to end crisis

CAIRO (Reuters) - Islamists fought protesters outside the Egyptian president's palace on Wednesday, while inside the building his deputy proposed a way to end a crisis over a draft constitution that has split the most populous Arab nation. Stones and petrol bombs flew between opposition protesters and supporters of President Mohamed Mursi who had flocked to the palace in response to a...

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PlayStation 3 was the world’s No.1 Netflix streaming device this year

There are dozens of devices that can stream Netflix (NFLX), but only one can machine be crowned the king of the living room. According to Netflix, that device is Sony’s (SNE) PlayStation 3 console. Without revealing any specific figures, Netflix announced on its blog “in the U.S. and globally, PS3 is the largest TV-connected platform in terms of Netflix viewing” and that “at times, PS3 even surpassed...

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Leonardo DiCaprio & Miranda Kerr Party in N.Y.C. with Cameron Diaz

By Andrea Billups 12/05/2012 at 12:25 PM EST Leonardo DiCaprio and Miranda Kerr Jon Kopaloff/FilmMagic; Astrid Stawiarz/Getty Miranda Kerr and longtime pal Leonardo DiCaprio joined a late-night dance party at new club Rosewood last Friday, partying with Cameron...

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Longer tamoxifen use cuts breast cancer deaths

Breast cancer patients taking the drug tamoxifen can cut their chances of having the disease come back or kill them if they stay on the pills for 10 years instead of five years as doctors recommend now, a major study finds.The results could change treatment, especially for younger women. The findings are a surprise because earlier research suggested that taking the hormone-blocking drug for longer...

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Blue chips lead Wall Street bounce back

Facebook (FB) announced on Tuesday that it will begin opening Facebook Messenger to consumers who do not have a Facebook account, starting in countries like India and South Africa, and later rolling out the service in the United States and Europe. This is a belated acknowledgement of a staggering strategic mistake Facebook made two years ago. That is when the messaging app competition was still...

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Egypt's Mursi leaves palace as police battle protesters

CAIRO (Reuters) - Egyptian police battled thousands of protesters outside President Mohamed Mursi's palace in Cairo on Tuesday, prompting the Islamist leader to leave the building, two presidential sources said. Police fired teargas at demonstrators angered by Mursi's drive to hold a referendum on a new constitution on December 15. Some broke through police lines around his palace and...

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Shania Twain & Jennifer Lopez: Looking Bangin' in Bodysuits

Stylewatch Style News Now 12/04/2012 at 10:00 AM ET Arnulfo Franco/AP (2)If this is what being in your 40s looks like, then sign us up now!Shania Twain kicked off her Las Vegas residency over the weekend, taking the stage at Caesars...

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