Wall Street Week Ahead: Bears hibernate as stocks near record highs

NEW YORK (Reuters) - Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now. Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock...

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IHT Rendezvous: Which Companies' Sustainability Promises Do You Believe?

H&M, the Swedish clothing retail giant, has vowed to become greener and more sustainable when it comes to the water it uses to make its clothes.“Water is a key resource for H&M, and we are committed to ensuring water is used responsibly throughout our value chain. We do this to minimize risks in our operations, protect the environment and secure availability of water for present and future...

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New PlayStation 4 details emerge: 8-core AMD ‘Bulldozer’ CPU, redesigned controller and more

2013 is a huge year for gamers. Nintendo (NTDOY) just launched the Wii U ahead of the holidays and both Sony (SNE) and Microsoft (MSFT) are expected to issue next-generation consoles before the year is through. We’ve seen plenty of rumors about both systems over the past few months, and the latest comes from Kotaku and focuses on Sony’s PlayStation 4.[More from BGR: BlackBerry 10 said to be overhyped,...

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Asian shares down; Seoul hit by weak techs but Nikkei surges

TOKYO (Reuters) - Asian shares fell on Friday, hurt by a drop in regional technology stocks and on caution ahead of the corporate earnings season, but gains in Japan and Australia limited overall losses for equities. Upbeat manufacturing reports from the United States, Germany and China underpinned sentiment for other assets, supporting copper while curbing selling pressure in oil. ...

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IHT Rendezvous: Britons Promised Vote on Europe, Again

LONDON — A British political leader faces dissent within his own party over the country’s membership in Europe. He promises to renegotiate the terms and to hold a referendum on the issue if he wins the next election.That was Harold Wilson, the Labour Party leader, who as prime minister in 1975 fulfilled an election pledge to hold a nationwide vote on Britain’s continued membership in what was then...

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Google Wants to Own the Airwaves, Now

As if Google‘s launching a free Wi-Fi network in New York City earlier this month wasn’t curious enough, now the search giant is asking the Federal Communications Commission for a license to create an “experimental radio service.” What’s an experimental radio service, you ask? Well, Google won’t say exactly what its doing with the air above its Mountain View, California headquarters, but the details...

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Asian shares fall, choppy after China PMI, North Korea threat

TOKYO (Reuters) - Asian shares fell on Thursday in choppy trade, as positive Chinese manufacturing data was eclipsed by North Korea threatening a nuclear test and on below-view results from Apple Inc . "Markets see a global economic recovery trend but there is no consensus on the strength of growth, capping many markets. Equities have been clearly benefiting from accommodative monetary...

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India Ink: At This Year's Jaipur Lit Fest, Feminism, the Dalai Lama and Cricket

NEW DELHI —– It is that time of year again when the pink city of Jaipur in Rajasthan State warms up to host a carefully curated panel of literary greats from across the globe for the Jaipur Literature Festival, South Asia’s biggest annual literary event. In its sixth year now, the five-day event will kick off on Thursday at the majestic Diggi Palace, where 283 writers will appear before an audience...

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FTC study taking aim at online marketing of booze and kids

LOS ANGELES (Reuters) – The Federal Trade Commission (FTC) plans this summer to recommend ways that the alcoholic beverage industry can better protect underage viewers from seeing its advertisements online.Distillers, brewers and wineries pour millions of dollars into brand promotion on Twitter, Facebook and other social media, and industry critics contend they are not doing enough to prevent young...

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PEOPLE's Music Critic: Why We're Upset About Beyoncé's Lip-Synching Drama

By Chuck Arnold 01/22/2013 at 08:40 PM EST Did she lip-synch or didn't she?That's the question surrounding Beyoncé after reports surfaced that she didn't sing "The Star-Spangled Banner" live at yesterday's presidential inauguration. A spokesperson for the U.S. Marine Band, which backed the pop diva at the ceremony,...

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