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Apple shares surge despite factory inspections in China
Apple’s stock topped $500 for the first time on Wall Street even as a probe started looking into work conditions at a Chinese factory that cranks out the California company’s coveted gadgets. Apple shares gained 1.86 percent during the day, powered by reports a new iPad may be unveiled next month, to…
Angry Birds fly to Facebook
“Angry Birds”, the most-downloaded mobile app of 2011, was catapulted to the world of Facebook on Tuesday in a bid by its Finnish maker Rovio to get one billion people playing the addictive game. Fans were able to test the new Angry Birds Facebook app online Tuesday morning ahead of its official global launch in Jakarta,…
McDonald’s vows to stop pork suppliers confining sows in crates
CHICAGO (Reuters) – McDonald’s Corp said on Monday it will work with its U.S. pork suppliers to phase out the use of gestation crates, the cramped stalls that millions of mother sows are confined to while they raise piglets. The fast-food chain said the metal crates were “not a sustainable…
Vermont man denies theft of Robert Frost writings
(Reuters) – A Vermont thrift store employee pleaded not guilty on Monday to stealing letters and holiday cards written by the poet Robert Frost and selling them for $20,000, police said. Timothy Bernaby was arraigned on grand larceny charges in White River Junction, Vt., about 100 miles north of Frost’s…
Obama renews call to end Saturday mail delivery
WASHINGTON (Reuters) – President Barack Obama’s proposed 2013 budget repeated a call to allow the U.S. Postal Service to end Saturday mail delivery and tap into a retirement-fund surplus, as lawmakers hash out the details of postal legislation. The budget outline released on Monday included several steps to provide relief…
Occupy protesters sue New York City over pepper spray incident
NEW YORK (Reuters) – Two women caught on camera being doused with pepper spray by a New York police officer during an Occupy Wall Street march in September have sued the city, saying it failed to train police officers properly. In a viral online video, Deputy Inspector Anthony Bologna was…
Tibetan monk sets himself on fire in China: groups
BEIJING — A teenage monk set himself on fire to protest China’s rule in the nation’s southwest, exile groups said Tuesday, as police in Washington arrested Tibet activists during a visit by China’s vice president. The 19-year-old Tibetan Buddhist monk, identified as Lobsang Gyatso, set himself ablaze on Monday in…
China defence budget to double over 5 years
SINGAPORE — China’s defence budget will double between 2011 and 2015 and outstrip the combined spending of all other key defence markets in the Asia-Pacific region, global research group IHS said on Tuesday. China’s defence budget stood at $119.8 billion last year and will rise to $238.2 billion in 2015,…
Apple corporate reputation shines: Harris Poll
SAN FRANCISCO — Apple dethroned Google as the company with the most respected image in the eyes of consumers, according to Harris Interactive study results. The maker of iPhones, iPads, iPods and Macintosh computers got the highest score ever seen in the annual Harris Poll RQ study, which asks people…
Test for Komen looms at next Race for the Cure
AUSTIN, Texas (Reuters) – Rebecca Reza has participated in fundraising races held by Susan G. Komen for the Cure, the world’s largest breast cancer charity, for the past five years. She planned to sign up for the next Race for the Cure in El Paso, Texas, with her cousin. But…
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