Wall Street trips and falls on cloudy Italian election

NEW YORK (Reuters) - Stocks on Monday suffered their biggest drop since November after a strong showing in Italian elections by groups opposed to the country's economic reforms triggered worry that Europe's debt problems could once again destabilize the global economy. The decline marks the biggest percentage drop for the benchmark Standard & Poor's 500 Index since November7, and...

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Nazaré Journal: On Portugal Beach, Riding a Wave That Hits Like a Quake

Rafael Marchante/ReutersGarett McNamara preparing to surf at Praia do Norte beach. “Praia do Norte is the best secret in the world,” Mr. McNamara said by telephone from Hawaii. NAZARÉ, Portugal — The big ones typically come only once a year, in the winter. Whipped up by powerful storms in the North Atlantic, they roll for days toward Europe, rising to seemingly impossible heights before crashing on...

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Kristen Stewart Uses Crutches at Academy Awards

By Maggie Coughlan and Michelle Ward 02/24/2013 at 09:45 PM EST That's an unexpected accessory!Kristen Stewart attended the 85th Annual Academy Awards on Sunday sporting quite the fashion statement – crutches. The On the Road actress was forced to use them to help her make her way onto the red carpet after she stepped on glass. The star's...

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FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...

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Asian shares edge higher, yen falls on Bank of Japan report

TOKYO (Reuters) - Asian shares edged higher on Monday but prices were capped by uncertainty facing the global economy after a private survey showed Chinese manufacturing activity retreated from two-year highs this month. China's HSBC flash purchasing managers' index (PMI) for February slipped to a four-month low of 50.4 and down from January's final reading of 52.3, which had been the...

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2 Palestinians Shot in Clashes With Israeli Settlers

JERUSALEM (AP) — Clashes erupted Saturday in the West Bank, with Jewish settlers shooting two Palestinian demonstrators in the northern village of Kusra, an Israeli military official and Palestinian residents said. The unrest reflected mounting friction in the West Bank, where Palestinians have faced off against Israeli troops in recent weeks in a series of large demonstrations protesting...

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Breaking Dawn - Part 2 Sweeps the Razzies

By Stephen M. Silverman 02/23/2013 at 10:00 PM EST Taylor Lautner and Mackenzie Foy, in Breaking Dawn – Part 2 Andrew Cooper, SMPSP/Summit Who's misérable now?The Twilight Saga: Breaking Dawn – Part 2, Adam Sandler and Rihanna are among the "winners" of the 33rd annual Golden Raspberry Awards...

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FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...

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Investors face another Washington deadline

NEW YORK (Reuters) - Investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large. Investors in sectors most likely to be affected by the cuts, like defense, seem untroubled that the budget talks could send stocks tumbling. Talks on the U.S. budget...

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Russians Demand Return of Brother of Dead Adopted Boy in Texas

MOSCOW — Russian lawmakers on Friday demanded the return of a 2-year-old boy whose 3-year-old brother, adopted by the same family in Texas, died under murky circumstances in January, prompting allegations of abuse and an investigation. The younger boy, Kristopher Shatto, who was born Kirill Kuzmin in Russia, remains in the custody of his adoptive parents, Alan and Laura Shatto, in Gardendale,...

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