Archive for February, 2012

Divides emerge in US, world response to mutant flu

H5N1 is known to be highly lethal in birds, and kills nearly 60% of its human victims, according to the WHO

A divide has emerged between the United States and the rest of the world on whether to publish or keep secret the details of an engineered mutant bird flu virus that can pass in the air between animals, health experts said on Wednesday.

Cancer drugs could halt Ebola virus

Some cancer drugs used to treat patients with leukemia may also help stop the Ebola virus and give the body time to control the infection before it turns deadly, US researchers said on Wednesday.

Queen Elizabeth II to open 2012 Olympics

Backdropped by the historic Tower Bridge, a giant Olympic Rings floats on the River Thames in London in the run-up for the Olympic games, during its launch to mark 150-days until the start of the London 2012 Olympic games, Tuesday, Feb. 28, 2012. (AP Photo/Sang Tan)

Queen Elizabeth II’s busy summer calendar just got a bit more crowded.

Ben Affleck announces birth of son on Facebook

FILE - In this Jan. 15, 2007 file photo, Ben Affleck, left, and Jennifer Garner arrive for the 64th Annual Golden Globe Awards in Beverly Hills, Calif. Affleck has confirmed the Feb. 27, 2012 birth of his son Samuel Garner Affleck with wife actress Jennifer Garner on his official Facebook page. This is the couple

Ben Affleck is using Facebook to announce the birth of his son with wife Jennifer Garner.

Lady Gaga causes sensation on Harvard campus

Lady Gaga is causing quite a sensation on Harvard University’s campus.

Microsoft unveils Windows 8 for consumer testing

Corporate Vice President of Windows Program Management, Julie Larson-Green attends the Windows 8 Consumer Preview presentation during a press conference at the Mobile World Congress in Barcelona, Spain, Wednesday, Feb. 29, 2012. A test, or beta, version of the revamped operating system has been unveiled Wednesday in Barcelona, nudging it a step closer to its anticipated release next fall. (AP Photo/Emilio Morenatti)

Microsoft on Wednesday let consumers start trying out its upcoming touch-based Windows 8 operating system, which aims to power a new wave of computer tablets and traditional PCs designed to counter Apple’s big gains in the market through its Macs and iPads.

Wall St snaps 4-day advance after Bernanke comments

Traders work on the floor just before the closing bell at the New York Stock Exchange

NEW YORK (Reuters) – U.S. stocks slipped on Wednesday, snapping a four-day winning streak after comments from U.S. Federal Reserve Chairman Ben Bernanke disappointed investors hoping for a strong signal of more stimulus. The Fed chairman’s comments drove the dollar up 0.7 percent against a basket of major currencies and sent materials lower. Gold fell [...]

Factory, income data support growth outlook

A Home Depot employee and a public relations representative demonstrate how the PayPal card works at a cashier station at a Home Depot store in Daly City

WASHINGTON (Reuters) – The economy grew slightly faster than initially thought in the fourth quarter and a gauge of factory activity in the Midwest hit a 10 month-high in February, pointing to underlying strength in the economy. Gross domestic product expanded at a 3 percent annual rate, the quickest pace since the second quarter of [...]

Facebook woos Madison Ave in pre-IPO mobile push

NEW YORK/SAN FRANCISCO (Reuters) – Facebook unveiled new ways for businesses to plug their brands, including to mobile users for the first time, allowing them reach its 845 million users directly across all devices as it races toward a multibillion dollar IPO. With new “Premium on Facebook” features, advertisers can even push messages directly onto [...]

Second cheap money round hard to resist for Europe banks

The Euro sculpture is pictured in front of the ECB headquarters in Frankfurt

MILAN/LONDON (Reuters) – A feeding frenzy on cheap European Central Bank funding, led by Italian banks such as Intesa Sanpaolo and even non-euro zone rivals like Lloyds , offers a quick fix but a longer-term headache. Some 800 banks, including the financing arms of several carmakers, took advantage of Wednesday’s 529 billion euros ($710 billion) [...]