Stock futures drop as Apple revenue miss halts stocks rally

NEW YORK (Reuters) - Stock index futures fell Thursday as a revenue miss by Apple triggered a slide of nearly 10 percent in its shares in after-hours trading, and analysts said equities may be due for a pullback after a six-day rally for the S&P 500. Apple Inc missed Wall Street's revenue forecast for a third straight quarter after iPhone sales came in below expectations, fanning...

Read More..

India Ink: Pocket Guide to the Jaipur Literature Festival

India Ink asked writers, publishers, literary agents and fans of the five-day Jaipur Literature Festival what events they are most looking forward to this year. Here are their responses:Samanth Subramanian, the Indian correspondent for The National and the author of “Following Fish: Travels around the Indian Coast.”Friday, January 2510 a.m.-11 a.m.: “The Writer and the State” — Ariel Dorfman, Frank...

Read More..

Google’s 4Q earnings rise despite Motorola woes

SAN FRANCISCO (AP) — Google eked out slightly higher earnings in the fourth quarter, despite a financial drag caused by the Internet search leader’s expansion into device manufacturing and a decline in digital ad prices as more people gaze into the smaller screens of smartphones.The results announced Tuesday pleased investors, helping to lift Google’s stock by 5 percent in extended trading.More advertising...

Read More..

Paula Deen: How My Whole Family Got Fit!

By Liza Hamm 01/23/2013 at 07:45 AM EST Paula Deen is the first one to admit: "When I first found out I was diabetic, I had no solutions. I couldn’t even help myself, much less somebody else." Now – one year after she announced her Type 2 diabetes diagnosis to a mix of criticism and support – Deen is not...

Read More..

Foes of NYC soda size limit doubt racial fairness

NEW YORK (AP) — Opponents of the city's limit on the size of sugary drinks are raising questions of racial fairness alongside other complaints as the novel restriction faces a court test.The NAACP's New York state branch and the Hispanic Federation have joined beverage makers and sellers in trying to stop the rule from taking effect March 12. With a hearing set Wednesday, critics are attacking what...

Read More..

Stock futures flat, but techs rally in preopen trade

NEW YORK (Reuters) - Stock index futures were flat on Wednesday, with investors reluctant to make big bets following a five-day rally that took major averages to levels not seen since December 2007. Tech shares will be in focus following strong results from both IBM and Google, which rallied in premarket and continued the string of major companies outperforming following results. ...

Read More..

DealBook: China’s Focus on Aerospace Raises Security Questions

TIANJIN, China — When Airbus executives arrived here seven years ago scouting for a location to assemble passenger jets, the broad, flat expanse next to Tianjin Binhai International Airport was a grassy field.Now, Airbus, the European aerospace giant, has 20 large buildings and is churning out four A320 jetliners a month for mostly Chinese state-controlled carriers. The company also has two new neighbors...

Read More..

Cycling-No sympathy for Armstrong on social media

LONDON, Jan 21 (Reuters) – Lance Armstrong’s televised doping confession has done nothing to restore his shattered reputation, a study of responses posted to the Twitter social media site showed.“What was particularly noticeable in our analysis of the Armstrong revelation was the sheer lack of sympathy out there,” said Charlie Dundas of sports market research company Repucom.“The tone of the discussion...

Read More..

Jennifer Lopez Obsesses Over Peanut Butter Souffle in Miami

Advertisement Vignette StoryServer 6.0 Tue Jan 22 07:29:34 2013 Vignette StoryServer 6.0 Tue Jan 22 06:05:11 2013 ' + ' ' + '' + ''; $(document).ready(function(){ $('#ptvplayer').html(playerhtml); brightcove.createExperiences(); PEOPLE.tv.title = $('#ptvplayer .videoTitle a'); }); PEOPLE.tv.onTemplateLoaded...

Read More..

Stock futures flat at five-year highs, investors await earnings

NEW YORK (Reuters) - Stock index futures were flat on Tuesday as investors held back from making large bets ahead of an onslaught of corporate earnings and after recently notching five-year highs. Both the Dow and S&P 500 closed at their highest levels the earnings season. U.S. markets were closed on Monday for a public holiday. Despite stronger-than-expected earnings...

Read More..