NEW YORK (Reuters) – The nearly 28 percent decline in shares of Apple Inc since mid-September isn’t just painful to individual shareholders. It’s also being felt by investors who chased hot mutual funds that loaded up on Apple as the stock raced to a record $ 705 per share.Apple makes up 10 percent or more of assets in 117 out of the 1,119 funds that own its shares, according to data from Lipper,...
‘Walking Dead’ Showrunner Glen Mazzara Leaving
Label: LifestyleNEW YORK (TheWrap.com) – Glen Mazzara, who led AMC‘s “The Walking Dead” to ratings highs after the exit of Frank Darabont, is leaving the show.The announcement came with the unsurprising news of a fourth-season pickup for the series. It continues AMC’s rocky record with its showrunners, but the network said the decision was mutual.While AMC has clashed with showrunners before over money, a person...
China probes Yum Brands’ KFC over safety of chicken products
Label: HealthSHANGHAI (Reuters) – Yum Brands Inc‘s fast-food chain KFC was supplied with chicken in China that contained excessive amounts of antibiotics, said food safety authorities investigating allegations of tainted KFC products.The finding by the Shanghai Food and Drug Administration (SFDA) deals a blow to KFC’s reputation in China, where it is facing fierce competition from the likes of Taiwanese-owned...
Final day of funerals for Newtown shooting victims
Label: Business The final three victims of the massacre at Sandy Hook Elementary School will be laid to rest today, ending a somber week of funerals.A mass will take place today at St. Rose of Lima Catholic Church for Josephine Gay, who had celebrated her 7th birthday on Dec. 11.Friends and family have been asked to wear Josephine's favorite color, purple, in her honor. ...
Final day of funerals for Newtown shooting victims
Label: Business The final three victims of the massacre at Sandy Hook Elementary School will be laid to rest today, ending a somber week funerals.A mass will take place today at St. Rose of Lima Catholic Church for Josephine Gay, who had celebrated her 7th birthday on Dec. 11.Friends and family have been asked to wear Josephine's favorite color, purple, in her honor. ...
Analysis: Apple’s swoon exposes risk lurking in mutual funds
Label: TechnologyNEW YORK (Reuters) – The nearly 28 percent decline in shares of Apple Inc since mid-September isn’t just painful to individual shareholders. It’s also being felt by investors who chased hot mutual funds that loaded up on Apple as the stock raced to a record $ 705 per share.Apple makes up 10 percent or more of assets in 117 out of the 1,119 funds that own its shares, according to data from Lipper,...
Long-lived bats offer clues on diseases, aging
Label: HealthHONG KONG (Reuters) – The bat, a reservoir for viruses like Ebola, SARS and Nipah, has for decades stumped scientists trying to figure out how it is immune to many deadly bugs but a recent study into its genes may finally shed some light, scientists said on Friday.Studying the DNA of two distant bat species, the scientists discovered how genes dealing with the bats’ immune system had undergone the...
Showrooming little threat to clothiers in ho-hum holidays
Label: WorldChicago (Reuters) – In retail, showrooming has not hit shirts yet.Showrooming, the retail term for shoppers who try a product, then buy it cheaper on Amazon.com or other websites, has driven retailers to the point of hiding barcodes, improving their own websites and coming up with methods to get people to complete their purchase in the store.But brand-name clothing retailers have an advantage over...
Hundreds pay tribute to legendary Indian sitarist Ravi Shankar
Label: LifestyleENCINITAS, California (Reuters) – Ravi Shankar‘s daughters, Norah Jones and Anoushka Shankar, along with the wife of late Beatle George Harrison said their final goodbyes to the Indian sitar virtuoso on Thursday at a public memorial service in Encinitas, California.The legendary musician and composer, who helped introduce the sitar to the Western world through his collaboration with The Beatles, died...
Dec
21
Kenya police: 28 people killed in clashes
Label: WorldNAIROBI, Kenya (AP) — A police official says 28 people have been killed in clashes between farmers and herders in south-eastern Kenya.Anthony Kamitu, who is leading police operations to prevent the attacks, said Friday that the Pokomo tribe of farmers raided a village of the Orma herding community, called Kipao, at dawn in the Tana River Delta.The latest deaths in a tit-for-tat cycle of killings may...
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