Myanmar says jets used against Kachin rebels

YANGON (Reuters) - Myanmar's military has used jets to attacks rebel fighters in northern Kachin state, the government said on Thursday, its first admission of an intensification of a conflict that has raised doubts about its reformist credentials. Rebel sources have reported aerial bombings, shelling and even the use of chemical weapons since December 28 after the Kachin Independence...

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US stocks soar on fiscal cliff deal

NEW YORK: US stocks shot up Wednesday on news of a fiscal cliff deal in Congress that prevented most tax increases and delayed sharp spending cuts.Fifteen minutes into trade, the Dow Jones Industrial Average was up 215.17 points (1.64 percent) at 13,319.31.The tech-rich Nasdaq Composite added 71.73 points (2.38 percent) at 3,091.24, while the broad-market S&P 500 gained 25.76 points...

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Judge decides to keep Samsung sales data unsealed

U.S. District Court Judge Lucy Koh has denied Samsung's request to keep its phone and device sales data out of the public's eye.According to Bloomberg, which obtained a copy of an order filed earlier this week, Koh decided that Samsung must file and cannot seal an exhibit detailing total units sold on certain Samsung products. The products included in that exhibit, as well as the span of time in which...

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House GOP blasted for scrapping Sandy aid vote

WASHINGTON New York area-lawmakers in both parties erupted in anger late Tuesday night after learning the House Republican leadership decided to allow the current term of Congress to end without holding a vote on aid for victims of Superstorm Sandy. Rep. Peter King, R-N.Y., said he was told by the office of Majority Leader Eric Cantor of Virginia that Speaker John Boehner of Ohio had decided to...

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Obama Hails 'Cliff' Deal, Warns of Next Fiscal Fight

Minutes after the House of Representatives approved a bipartisan Senate deal to avert the "fiscal cliff" and preserve Bush-era tax cuts for all Americans making less than $400,000 per year, President Obama praised party leaders and wasted little time turning to the next fiscal fight."This is one step in the broader effort to strengthen our economy for everybody," Obama said.Obama...

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Air raid on petrol station in Damascus suburb kills 30: activists

AMMAN (Reuters) - At least 30 civilians were killed on Wednesday when Syrian warplanes bombed a petrol station in a rebellious suburb on the eastern edge of Damascus, two opposition campaigners on the scene said. "I counted at least 30 bodies. They were either burnt or dismembered," said Abu Saeed, an activist who arrived at the area in the Muleiha suburb of Damascus an hour after the...

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Football: Brazil starlet Lucas relishing PSG challenge

DOHA: Brazilian international midfielder Lucas Moura said Tuesday he is ready to embrace the "challenge" at an evolving Paris Saint-Germain.Lucas, 20, signed from Sao Paulo in the summer on a four-and-a-half-year deal worth 40 million euros as PSG held off competition from the likes of Manchester United and Real Madrid to snare a player hailed as one of the bright hopes of the Brazilian...

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Why I still love the Nexus 7

There's something about the holidays and the cold January that often follows in the Northeast that makes me want to curl up on the couch with a good book -- or in this day and age, a book on my e-reader ortablet.TheNexus 7 debuted more than six months ago at Google's annual developer conference, but I am still a big fan of the device. And I have no trouble recommending it to tablet buyers. In this...

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Senate Approves 'Fiscal Cliff' Deal, Sends to House

Two hours after a midnight deadline for action, the Senate passed legislation early New Year's Day to avert the so-called fiscal cliff with an overwhelming vote of 89-8.Senate passage set the stage for a final showdown in the House, where a vote could come as early as today."While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing...

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Syria starts 2013 with aerial strikes and clashes

BEIRUT (Reuters) - Syrians woke on New Year's Day to countrywide aerial bombardment, while President Bashar al-Assad's forces and rebels fighting to topple him clashed on the outskirts of the capital. Residents of Damascus entered the new year to the sound of artillery hitting southern and eastern districts that form a rebel-held crescent on the outskirts of the capital, the center of...

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