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AP News Alert
A Lebanese military official says the army will impose a nighttime curfew in Beirut to quell violence.  more
Stores Counting on Post-Holiday Shopping

©  The Associated Press
The nation's retailers ushered in the post-Christmas shopping season on Tuesday by slashing prices even more on holiday items and stocking up on fresh merchandise.  more
Tsunami Aims at Philippines After Quake
A powerful quake struck off southwestern Taiwan on Tuesday, triggering a potentially destructive tsunami that was headed toward the Philippines on the second anniversary of the deadly waves that killed thousands in south Asia.  more
Schwarzenegger to Have Surgery on Leg

©  The Associated Press
Gov. Arnold Schwarzenegger will need crutches, screws to secure his thigh bone and several weeks of recovery after undergoing surgery on his broken leg, his surgeon said.  more
Nigerian Pipeline Explosion Kills 200
At least 200 people were killed Tuesday when a gasoline pipeline exploded in Nigeria's biggest city of Lagos, a Red Cross official said. The death toll was expected to rise.  more
Market Reports
Los Angeles Objects to Delta Plan
The city of Los Angeles said in a bankruptcy court filing Thursday that Delta Air Lines Inc.'s reorganization plan can't be approved because of undue authority it gives the company to reject certain leases.  more
Grocery Competition, Choices Grow
When Roberta Mand needs groceries, she has a world of choices in her own backyard.  more
AT&T 4Q Profit Rises 17 Percent
AT&T Inc.'s fourth-quarter earnings rose 17 percent, the telecommunications company reported Thursday, reaffirming its growth target for 2007 and raising projections for the cost savings expected from the just-completed buyout of BellSouth Corp.  more
Existing Home Sales Plunge in 2006
After a five-year boom, the nation's housing market cooled considerably in 2006 with existing home sales falling by the largest amount in 17 years.  more
Blackstone Raises Equity Office Bid
Private equity firm Blackstone Group on Thursday raised its offer to buy Equity Office Properties Trust by 11 percent to $22.3 billion, or $54 per share in cash, topping a rival bid from Vornado Realty Trust as it made the second-biggest private equity buyout offer ever.  more
Entertainment
'Phantom' Actress Could Be `Mermaid'
When "The Little Mermaid," Disney's next big Broadway musical, tries out this summer in Denver, it is expected to star a hometown actress, according to The Denver Post.  more
New Novel Inspired by Judith Regan
Judith Regan, the publisher who brought us tell-alls about steroids, pornography and, almost, the "crimes" of O.J. Simpson, has helped inspire another novelty in the book world: a work of fiction about the industry itself.  more
Rare Rembrandt Sells for $25.8 Million
A rare late work by Rembrandt depicting the Apostle James in prayer was sold Thursday for $25.8 million, the auction house said.  more
London Gallery to Return Looted Art
A London gallery has agreed to return three Old Master drawings that were looted by the Nazis during World War II to the family of their Czech owner.  more
London Won't Ban Ultra-Thin Models
Organizers of London Fashion Week said Thursday they would not ban ultra-thin models from the catwalk, but stressed they had asked designers to use only "healthy" people in their shows.  more
Health & Medical
Study: Overcoming Allergies Possible

©  The Associated Press
Elizabeth White's first encounter with peanuts _ a nibble of a peanut butter cracker at age 14 months _ left the toddler gasping for breath. Within minutes, her airways were swelling shut.  more
Poor Records Plague Bush AIDS Effort
President Bush's ambitious AIDS-fighting program in poor countries has pushed so hard for fast results that basic record keeping and accountability often went by the wayside, making it hard to judge the true success, according to government audits and officials.  more
12 Ideas to Keep Off Holiday Pounds
Three French pastries ... two turtle cheesecakes ... and a partridge in a pear sauce.  more
Hospital Clowns Boost Sick Kids' Spirits
Stephen Ringold is a clown facing a tough audience _ a sick child in a hospital room who needs holiday cheer. For a few minutes, Stephany Nieto sits on her mother's lap, suspiciously eyeing the tall man with the red-and-white checkered shoes half-hiding behind the curtain. Smiling doesn't come easily to the little girl, who her mother says is being examined for a serious illness called moyamoya, an rare inflammation of the brain arteries that can cause seizures and paralysis.  more
Report: Health Care Suffers at LA Jails
The deaths of at least 14 inmates since 1999 in the nation's largest county jail system came after treatment errors and other breakdowns in their medical care, a newspaper reported Sunday.  more
Current Weather
01/25/2007
New York32 °F
High Tech
Microsoft Profit Down, Beats Estimates
The long-delayed launch of the Windows Vista operating system cut into fiscal second-quarter profits at Microsoft Corp., which reported a 28 percent drop in earnings Thursday despite revenue growth that exceeded forecasts.  more
AT&T 4Q Profit Rises 17 Percent
AT&T Inc.'s fourth-quarter earnings rose 17 percent, the telecommunications company reported Thursday, reaffirming its growth target for 2007 and raising projections for the cost savings expected from the just-completed buyout of BellSouth Corp.  more
Ricoh Buying Stake in IBM Printing Unit
International Business Machines Corp. is spinning off its printing division into a new company that Japan's Ricoh Co. will control, part of IBM's ongoing efforts to pare sideline businesses and focus on more profitable segments of the technology industry.  more
EBay Announces Aggressive Buyback
EBay Inc. is following its 24 percent jump in fourth-quarter profit with an ambitious stock buyback that Wall Street interpreted as a measure of executives' bullishness for future growth.  more
EU Predicts Fivefold Boost in Web Sales
Money made from Web sites is expected to skyrocket in the years ahead, reaching 8.3 billion euros ($10.8 billion) by 2010, the European Union said Thursday.  more
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