Manning puts winning streaks on line against Ravens

(Reuters) - Peyton Manning, who has mounted a remarkable comeback with the Broncos, will be aiming to extend two big winning streaks when Denver hosts the Baltimore Ravens in the National Football League playoffs on Saturday.Manning and the Broncos are gunning for their 12th win in a row this season in the divisional round against the Ravens, a team he has beaten nine consecutive times, with eight...

Read More..

Jaguars no longer want hometown hero Tim Tebow

JACKSONVILLE, Fla. (AP) — Tim Tebow won't be playing for his hometown team.The Jacksonville Jaguars made it clear Thursday that they have no plans to pursue the popular and polarizing New York Jets backup quarterback.The Jets are likely to release the 2007 Heisman Trophy winner and Jacksonville native during the offseason, and many believed Tebow would land with the Jaguars.But new general manager...

Read More..

Steelers cut Rainey after domestic violence arrest

(Reuters) - The Pittsburgh Steelers have cut rookie running back Chris Rainey following his arrest for a domestic battery, the National Football League team said on Thursday."Chris Rainey's actions this morning were extremely disappointing," said Steelers general manager Kevin Colbert in a statement on the team's website. "Under the circumstances and due to this conduct, Chris will no longer be a...

Read More..

Sony uses movie studio to press ultra-HD advantage

LAS VEGAS (AP) -- Sony Corp. is finally pressing its advantage as a conglomerate that owns both high-tech gadgets and the content that plays on them by being the only electronics maker to offer ultra-HD TVs — and a way to get movies to the new super clear screens.Ultra-high definition TVs, which quadruple the number of pixels of current high definition technology, have been the talk of the International...

Read More..

Spending on consumer electronics will climb to $1.1 trillion in 2013

According to the Consumer Electronics Association, worldwide spending on consumer gadgets will reach $1.1 trillion in 2013. The CEA, which organizes the Consumer Electronics Show set to kick off on Tuesday, said global consumer spending on electronics will grow 4% over 2012 after having dipped roughly 1% last year. The estimate comes from Steve Koenig, director of industry analysis for the CEA, and...

Read More..

With BlackBerry 10, there’s no place like home

Research In Motion (RIMM) has a steep hill to climb as it prepares to unveil its next-generation BlackBerry 10 operating system later this month. Launching sleek new BlackBerry 10 handsets that prompt a healthy portion of its current user base to upgrade is of the utmost importance, of course. Just as important, however, is creating a user experience that showcases compelling differentiation and...

Read More..

AIG decides not to join Greenberg suit against government: WSJ

(Reuters) - American International Group Inc will not join a lawsuit against the U.S. government challenging the terms of the insurer's 2008 bailout, the Wall Street Journal reported on Wednesday, citing unnamed sources.AIG had said its board was meeting Wednesday to consider the possibility of joining the suit filed by former CEO Hank Greenber...

Read More..

Morgan Stanley cuts 1,600 jobs as business languishes

 Morgan Stanley plans to cut 1,600 employees starting this week, two people familiar with the matter said on Wednesday, in the latest sign of a pullback on Wall Street as revenue from trading and deal-making remains in the doldrums.The staff reduction pertains to Morgan Stanley's institutional securities unit - which includes sales, trading and investment banking, and whose staff will be reduced...

Read More..

Wall Street gains as earnings flow in; Boeing up

NEW YORK (AP) — Stocks rose on Wall Street Wednesday after U.S. corporate earnings reports got off to a good start.The Dow Jones industrial average climbed 61.66 points to 13,390.51, its first gain of the week. The Standard & Poor's 500 index gained 3.87 points to 1,461.02, and the Nasdaq composite rose 14 to 3,105.81.Having rallied after a last-minute resolution stopped the U.S. from going over...

Read More..

American Football-Alabama crush Notre Dame to win championship

MIAMI (Reuters) - Alabama's 'Crimson Tide' swept aside Notre Dame in the BCS Championship game on Monday, dominating the 'Fighting Irish' 42-14 to win their third college football title in four years. Notre Dame, 12-0 in the regular season, had been looking for their first national title since 1988 but were all at sea against irresistible Alabama, who set the tone of the game with an utterly one-sided...

Read More..

American Football-Saban completes Crimson dynasty

MIAMI, Jan 8 (Reuters) - University of Alabama head coach Nick Saban secured his status as one of the greats of college football on Monday, guiding the 'Crimson Tide' to their third national title in four years with a crushing 42-14 victory over Notre Dame.In the same Sun Life Stadium where he endured a brief, fruitless and unhappy experience as an NFL head coach with the Miami Dolphins, Saban tasted...

Read More..

Saban completes Crimson dynasty

MIAMI (Reuters) - University of Alabama head coach Nick Saban secured his status as one of the greats of college football on Monday, guiding the 'Crimson Tide' to their third national title in four years with a crushing 42-14 victory over Notre Dame.In the same Sun Life Stadium where he endured a brief, fruitless and unhappy experience as an NFL head coach with the Miami Dolphins, Saban tasted college...

Read More..

Japan PM: Will pursue bold monetary policy, big fiscal spending

 Japanese Prime Minister Shinzo Abe reiterated on Monday his call for bold monetary easing by the central bank, big fiscal spending and an economic growth strategy as steps towards conquering deflation."Above all, the urgent task is to beat deflation," Abe told a meeting of officials from the government and ruling parties."A bold monetary policy, a flexible fiscal policy and a growth strategy...

Read More..

Google executive chairman heading to NKorea

BEIJING (AP) — The Google chairman wants a first-hand look at North Korea's economy and social media in his private visit Monday to the communist nation, his delegation said, despite misgivings in Washington over the timing of the trip.Eric Schmidt, executive chairman of one of the world's biggest Internet companies, is the highest-profile U.S. executive to visit North Korea — a country with notoriously...

Read More..

Global economy: U.S. and China leave feeble Europe in their wake

The economies of the United States, China and much of the developing world have decoupled from Europe, leaving it to wallow in various stages of recession and fiscal disarray.That is one reason why the key economic event of the coming week will be a European Central Bank meeting almost totally focused on how far policymakers will go to boost growth.Although there are some signs that a bottom may...

Read More..

Venezuelan VP says he has visited Chavez twice

CARACAS, Venezuela (AP) — Venezuela's vice president says he has visited ailing President Hugo Chavez twice in Cuba and plans to return home to Caracas.Vice President Nicolas Maduro says he spoke with Chavez during their visits. Maduro says the president has "the same strength as always," despite a health situation that he described as complex three weeks after his cancer surgery.Maduro says he will...

Read More..

Venezuelans on edge amid shifting news on Chavez

CARACAS, Venezuela (AP) — Supporters and opponents of President Hugo Chavez alike nervously welcomed the new year Tuesday, left on edge by shifting signals from the government about the Venezuelan leader's condition three weeks after cancer surgery in Cuba.With rumors swirling that Chavez had taken a turn for the worse, Vice President Nicolas Maduro said in a televised interview in Cuba that he had...

Read More..

Chavez's VP says ailing leader still 'delicate'

CARACAS, Venezuela (AP) — Venezuela's vice president is returning home Wednesday from a visit with Hugo Chavez in Cuba and says the ailing president's condition remains "delicate" three weeks after his cancer surgery.With rumors swirling that Chavez had taken a turn for the worse, Vice President Nicolas Maduro said Tuesday that he had met with the president twice and had spoken with him."He's totally...

Read More..