SACRAMENTO (Reuters) – California Governor Jerry Brown is undergoing treatment for early-stage prostate cancer with an excellent prognosis for recovery, and the 74-year-old Democrat is expected to keep up a full work schedule, his office said on Wednesday.“Fortunately, this is early-stage localized prostate cancer, which is being treated with a short course of conventional radiotherapy,” Dr. Eric...
Fed ties rates to jobs recovery, adds to stimulus
Label: BusinessWASHINGTON (Reuters) – The U.S. Federal Reserve, announcing a new round of monetary stimulus, took the unprecedented step on Wednesday of indicating interest rates would remain near zero until unemployment falls to at least 6.5 percent.It was the latest in a series of unorthodox measures taken by central banks around the world to battle erratic, sub-par recoveries from the financial crisis and recession...
Dec
11
Corruption probe shrouds Quebec in new darkness
Label: WorldMONTREAL (Reuters) – Half a century ago, a new crop of Quebec leaders sparked the so-called Quiet Revolution to eradicate the “Great Darkness” – decades of corruption that kept Canada‘s French-speaking province under the dominance of one party and the Catholic church.The revolution’s reforms, including cleaning up the way lawmakers were elected and secularizing the education system, seemed to work,...
Corruption probe shrouds Quebec in new darkness
Label: WorldMONTREAL (Reuters) – Half a century ago, a new crop of Quebec leaders sparked the so-called Quiet Revolution to eradicate the “Great Darkness” – decades of corruption that kept Canada‘s French-speaking province under the dominance of one party and the Catholic church.The revolution’s reforms, including cleaning up the way lawmakers were elected and secularizing the education system, seemed to work,...
Panasonic may sell Sanyo digital camera business: source
Label: TechnologyTOKYO (Reuters) – Panasonic Corp may sell its Sanyo digital camera business to Japanese private equity fund Advantage Partners by the end of March, a source familiar with the plan said.A final decision on the sale will be made by the end of the year, the source said on condition he was not identified.Advantage Partners will pay several hundreds of millions of yen for the business, which makes digital...
Indian sitar virtuoso Ravi Shankar dies at 92
Label: LifestyleNEW DELHI (AP) — Ravi Shankar, the sitar virtuoso who became a hippie musical icon of the 1960s after hobnobbing with the Beatles and who introduced traditional Indian ragas to Western audiences over a 10-decade career, died Tuesday. He was 92.A statement on the musician’s website said he died in San Diego, near his Southern California home. The musician’s foundation issued a statement saying that...
QLT’s experimental eye drug could be worth “hundreds of millions”
Label: Health(Reuters) – Canadian eye drug developer QLT Inc’s synthetic retinoid program, an experimental treatment for some inherited eye diseases that can cause blindness, could be worth “hundreds of millions” of dollars, the company‘s chairman said.Several potential buyers have approached QLT for the program — its only remaining product after it sold its eye drug, Visudyne, to Valeant Pharmaceuticals International...
Oil price rises on Fed stimulus hopes
Label: BusinessBANGKOK (AP) — The price of oil rose Wednesday as investors anticipated that new measures to perk up the U.S. economy will be announced at the end of the Federal Reserve‘s policy meeting.Benchmark crude for January delivery was up 8 cents to $ 85.87 per barrel at midday Bangkok time on the New York Mercantile Exchange. The contract rose 23 cents to finish at $ 85.79 per barrel in New York on Tuesday....
Dec
10
Egypt army given temporary power to arrest civilians
Label: WorldCAIRO (Reuters) – Egypt’s Islamist president has given the army temporary power to arrest civilians during a constitutional referendum he is determined to push through despite the risk of bloodshed between his supporters and opponents accusing him of a power grab.Seven people were killed and hundreds wounded last week in clashes between the Islamist Muslim Brotherhood and their critics besieging Mohamed...
Egypt army given temporary power to arrest civilians
Label: WorldCAIRO (Reuters) – Egypt’s Islamist president has given the army temporary power to arrest civilians during a constitutional referendum he is determined to push through despite the risk of bloodshed between his supporters and opponents accusing him of a power grab.Seven people were killed and hundreds wounded last week in clashes between the Islamist Muslim Brotherhood and their critics besieging Mohamed...
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