Jan
13

Venezuela VP to travel to Cuba see Chavez, family

CARACAS, Venezuela (AP) — Venezuela's vice president said he will travel to Cuba on Friday to visit ailing President Hugo Chavez and his family.Vice President Nicolas Maduro announced his trip on television, saying he would also meet with Chavez's medical team. The government says the Venezuelan leader is fighting a severe respiratory infection a month after he underwent cancer surgery in Havana."I'm...
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Cubans eager to try new law easing travel rules

HAVANA (AP) — Like many Cubans, 16-year-old Ana Liliam Garcia is excited at the thought of seeing the world beyond this Communist-run island smaller than the state of Pennsylvania.Once an impossibility, today she dreams of meeting several relatives in Florida — and maybe even Mickey Mouse."My cousins and my uncles, they're all in Miami," Garcia said, her eyes lighting up as she talked about a new...
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Jan
11

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...
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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...
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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...
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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...
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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...
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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...
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Jan
09

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...
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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...
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