New home sales stagnant, cast shadow on housing

WASHINGTON (Reuters) – New U.S. single-family home sales fell slightly in October and the prior month’s pace of sales was revised sharply lower, casting a faint shadow over one of the brighter spots in the U.S. economy.The Commerce Department said on Wednesday sales dropped 0.3 percent last month to a 368,000-unit annual rate, while September’s sales pace was revised to 369,000 from 389,000.The housing...

Read More..

Rapper PSY wants Tom Cruise to go ‘Gangnam Style’

BANGKOK (AP) — The South Korean rapper behind YouTube’s most-viewed video ever has set what might be a “Mission: Impossible” for himself.Asked which celebrity he would like to see go “Gangnam Style,” the singer PSY told The Associated Press: “Tom Cruise!”Surrounded by screaming fans, he then chuckled at the idea of the American movie star doing his now famous horse-riding dance.PSY’s comments Wednesday...

Read More..

Google Breaks All Android App Reviews, Threatens Android Fans’ Safety

“A Google User” is now the number one Android game and app reviewer on Google Play, Android’s version of Apple’s App Store. That’s because every single one of the millions of existing reviews, possibly including yours, has had its author replaced with this nameless, faceless person.Screenshots taken by Jeremiah Rice of the Android Police blog show this prolific (but completely generic) author has...

Read More..

Disney Channel to debut ‘Sofia the First’ Jan. 11

NEW YORK (AP) — Disney says its animated children‘s series “Sofia the First” will premiere Jan. 11 on the Disney Channel and Disney Junior networks.Created for kids ages 2 to 7, “Sofia the First” is about a young girl who becomes a princess and learns that honesty, loyalty and compassion are what makes a person royal.Sofia is voiced by “Modern Family” actress Ariel Winter, and her mother is played...

Read More..

Infected and unaware: HIV hitting America’s youth

CHICAGO (Reuters) – More than half of young people in the United States who are infected with HIV are not aware of it, according to a new report by government health officials that zeroes in on one of the remaining hot spots of HIV infection in America.Young people ages 13 to 24 account for 26 percent of all new HIV infections, according to the report by the U.S. Centers for Disease Control and Prevention,...

Read More..

From Wartime Technology Comes Hurricane Relief

A parking lot on Rockaway Beach Boulevard, in the heart of the Hurricane Sandy-ravaged New York coastline, has been serving as the base of operations for Team Rubicon, a volunteer organization staffed by military veterans who show up when disasters strike. The lot has many of the things you’d expect to see at a disaster-recovery site: stacks of hand tools, portable toilets, palettes of food, and water....

Read More..

Rugby-England add flyhalf Burns to squad for All Blacks’ test

LONDON, Nov 27 (Reuters) – England called up uncapped Gloucester flyhalf Freddie Burns on Tuesday to their squad for Saturday’s test against New Zealand in place of the injured Toby Flood.Flood sustained ligament damage to a big toe during the 16-15 loss to South Africa at Twickenham last Saturday.Owen Farrell, whose last start was in the first test in South Africa this year, is set to replace Flood...

Read More..

Online sales jump 24 percent early on Cyber Monday: IBM

SAN FRANCISCO (Reuters) – Online sales jumped during the first hours of Cyber Monday suggesting strong growth from earlier in the holiday shopping season continues, according to data from International Business Machines Corp.Online sales were up 24.1 percent as of 12:00pm EST on Cyber Monday, compared to the same period a year earlier, said IBM, which tracks transaction data from 500 U.S. retail websites....

Read More..

Obama spoke with House Speaker Boehner, others on “fiscal cliff”

WASHINGTON (Reuters) – President Barack Obama spoke with House of Representatives Speaker John Boehner over the weekend on efforts to avert the looming “fiscal cliff” of budget cuts and tax rises that threatens to tip the U.S. economy back into recession.A White House official said on Monday that Obama also spoke with Senate Majority Leader Harry Reid, a fellow Democrat, and said discussions among...

Read More..

Surprise choice for Bank governor

26 November 2012 Last updated at 13:00 ETPlease turn on JavaScript. Media requires JavaScript to play. Mark Carney: “I am very honoured and excited”Mark Carney has been named as the new governor of the Bank of England by Chancellor George Osborne.Mr Carney, the governor of the Canadian central bank, will serve for five years and will hold new regulatory powers over banks.He was a surprise choice for...

Read More..