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...

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Butler upsets No. 1 Indiana 88-86 in OT

INDIANAPOLIS (AP) — All Butler guard Alex Barlow saw Saturday was space and an opportunity to make a play.So the unlikeliest player on the floor took a chance and made the biggest shot of the game.When Indiana's defenders failed to converge on the 5-foot-11 walk-on, Barlow kept right on going through the lane, drove to the basket and hit a spinning 6-foot jumper with 2.4 seconds left in overtime Saturday...

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Fewer health care options for illegal immigrants

ALAMO, Texas (AP) — For years, Sonia Limas would drag her daughters to the emergency room whenever they fell sick. As an illegal immigrant, she had no health insurance, and the only place she knew to seek treatment was the hospital — the most expensive setting for those covering the cost.The family's options improved somewhat a decade ago with the expansion of community health clinics, which offered...

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As Conn. story unfolds, media struggle with facts

NEW YORK (AP) — The scope and senselessness of the Newtown, Conn., school shooting challenged journalists' ability to do much more than lend, or impose, their presence on the scene.Pressed with the awful urgency of the story, television, along with other media, fell prey to reporting "facts" that were often in conflict or wrong.How many people were killed? Which Lanza brother was the shooter: Adam...

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Greener planet is goal for 3 startups

If the glut of companies billing themselves as "solutions" providers is any indication, the world has no shortage of problems.Green...

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Man kills 26 at Conn. school

A man opened fire Friday inside two classrooms at the Connecticut...

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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...

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AP source: Suzuki, Yankees close in on $13M deal

NEW YORK (AP) — Ichiro Suzuki and the New York Yankees closed in Friday on a $13 million, two-year contract, according to a person familiar with the negotiations.The sides still had to finalize language and the deal will be subject to a physical, the person said, speaking on condition of anonymity because the agreement was not complete. Suzuki will get $6.5 million a year.Acquired from the Seattle...

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Singer-songwriter Carole King to receive U.S. Gershwin prize

(Reuters) – American singer-songwriter Carole King will be awarded the Library of Congress Gershwin Prize for Popular Song, the U.S. national library said on Thursday.The multiple Grammy Award winner co-wrote her first No. 1 hit at age 17 with then-husband Gerry Goffin and was the first female solo artist to sell more than 10 million copies of a single album, with her 1971 release “Tapestry.”The prize...

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Fewer health care options for illegal immigrants

ALAMO, Texas (AP) — For years, Sonia Limas would drag her daughters to the emergency room whenever they fell sick. As an illegal immigrant, she had no health insurance, and the only place she knew to seek treatment was the hospital — the most expensive setting for those covering the cost.The family's options improved somewhat a decade ago with the expansion of community health clinics, which offered...

Read More..