Apple falls on lower shipment forecasts, muted China debut

(Reuters) – Apple Inc shares fell 3.9 percent on Friday after the iPhone 5 debuted in China to a cool reception and two analysts cut shipment forecasts.Jefferies analyst Peter Misek trimmed his iPhone shipment estimates for the Jan-March quarter, saying that the technology company had started cutting orders to suppliers to balance excess inventory.Shares of Apple suppliers Jabil Circuit Inc, Qualcomm...

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Hugo Chavez’s battle against cancer

(Reuters) – Venezuela‘s President Hugo Chavez is in delicate condition after his latest cancer surgery, the government said on Wednesday in a somber assessment that could presage an end to his 14-year rule.Following is a chronology of the 58-year-old socialist leader’s fight for his health:JUNE 30, 2011* A pale-looking Chavez addresses the nation by television from Cuba, where he says doctors operated...

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Media mogul and banker Allbritton dies at 87

WASHINGTON (Reuters) – Joe Lewis Allbritton, a media mogul and owner of the scandal-plagued Riggs National Bank, died on Wednesday at a hospital in Houston. He was 87.Allbritton died of heart ailments, said Jerald Fritz, a senior vice president of Allbritton Communications.Allbritton’s media empire included newspapers throughout the U.S. Northeast and ABC network affiliates. Allbritton’s son, Robert,...

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Aides: Chavez in tough fight, may miss swearing-in

CARACAS, Venezuela (AP) — Somber confidants of President Hugo Chavez say he is going through a difficult recovery after cancer surgery in Cuba, and one close ally is warning Venezuelans that their leader may not make it back for his swearing-in next month.Information Minister Ernesto Villegas said Wednesday night that Chavez was in “stable condition” and was with close relatives in Havana. Reading...

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Why Hillary Clinton won't get a break from public life

By Walter ShapiroThe envelope, please. The 2012 award for the most candid comment by a prominent public official goes to Hillary Clinton. Her uncharacteristic burst of honesty adds a layer of complexity to the premature speculation about her political future. In an interview with the New York Times columnist Gail Collins, Clinton revealed her fantasy for 2013 after she takes her final globe-girdling...

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Review: PlayStation icons join in ‘Battle Royale’

The holiday season is a good time to catch up with old friends. If you’re an Xbox fan, you’re probably getting reacquainted with galactic warrior Master Chief in his new adventure, “Halo 4.” If you’re a Nintendophile, you’re probably frolicking with Mario on your new Wii U.Sony, meanwhile, has expanded its holiday guest list to invite nearly two decades worth of characters to mix it up in “PlayStation...

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Venezuela’s Chavez in “complex” post-operation condition: VP

CARACAS (Reuters) – Venezuelan President Hugo Chavez is in a “complex” and delicate condition after his latest surgery for cancer in Cuba, Vice President Nicolas Maduro said on Wednesday.Looking grave-faced in an address to the nation, he urged Venezuelans to unite in prayer for their 58-year-old president, and to keep faith that Chavez would return soon.(Reporting by Caracas newsroom; Editing by...

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‘Lincoln,’ ‘Les Mis,’ ‘Playbook’ lead SAG awards

LOS ANGELES (AP) — The Civil War saga “Lincoln,” the musical “Les Miserables” and the comic drama “Silver Linings Playbook” boosted their Academy Awards prospects Wednesday with four nominations apiece for the Screen Actors Guild Awards.All three films were nominated for overall performance by their casts. Also nominated for best ensemble cast were the Iran hostage-crisis thriller “Argo” and the British...

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Store employee saves customers during Ore. mall shooting

A store employee at the Clackamas Town Center mall used his knowledge of the shopping complex to hustle a customer out of the building during Tuesday's shooting rampage and then twice went back inside to guide other shoppers to exits and safety.Allan Fonseca, who works at Lancome counter in Macy's and was waiting on Jocelyn Lay when they heard shots fired about 3:30 p.m. Thinking quickly, Fonseca...

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Facebook revises privacy controls in effort to make them more accessible, comprehensible

SAN FRANCISCO – Facebook is trying to make its privacy controls easier to find and understand in an effort to turn the world’s largest social network into a more discreet place.The fine-tuning announced Wednesday will include several revisions that will start rolling out to Facebook Inc.‘s more than 1 billion users in the next few weeks.The biggest change will be a new “privacy shortcuts” section...

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