Asia stocks at five-month high as end nears for U.S. fiscal cliff

HONG KONG (Reuters) - Asian stocks hit a five-month high and the dollar fell as a last-minute deal looked set to end the U.S. "fiscal cliff" crisis that threatened a U.S. recession and roiled world financial markets. The U.S. Senate early on Tuesday passed a bill that aims to avoid the cliff's automatic implementation of $600 billion in spending cuts and tax increases. The...

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Ruthless Smuggling Rings Put Rhinos in Cross Hairs

KRUGER NATIONAL PARK, South Africa — They definitely did not look like ordinary big-game hunters, the stream of slender young Thai women who showed up on the veld wearing tight bluejeans and sneakers. But the rhinoceros carcasses kept piling up around them, and it was only after dozens of these hulking, relatively rare animals were dead and their precious horns sawed off that an extravagant...

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Movers roundup: Facebook, Best Buy

Among the stock activity stories for Monday, Dec. 31, from AP Business News:— Shares of Facebook Inc. rose after an analyst said advertising spending was picking up on the Internet social network and raised his rating on its stock.— Shares of Best Buy Co. rose on light volume as the struggling electronics retailer closed out a rocky year.— Shares of Duff & Phelps Corp. rose on news that the company...

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Eric Prydz Picks a New Year's Eve Playlist

By Dahvi Shira 12/31/2012 at 06:50 PM EST Unfortunately not everyone can be in Las Vegas when the ball drops this year, but Eric Prydz is bringing the party to PEOPLE.com readers in advance.The DJ and producer, 36 – best known for his 2004 hit single, "Call on Me" – is playing a three-hour extended set at Surrender...

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Clinton's blood clot an uncommon complication

The kind of blood clot in the skull that doctors say Hillary Rodham Clinton has is relatively uncommon but can occur after an injury like the fall and concussion the secretary of state was diagnosed with earlier this month.Doctors said Monday that an MRI scan revealed a clot in a vein in the space between the brain and the skull behind Clinton's right ear.The clot did not lead to a stroke or neurological...

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U.S. heading off 'fiscal cliff' despite Senate efforts

WASHINGTON (Reuters) - The United States was headed over the "fiscal cliff" - at least temporarily - at midnight on Monday as time was running out for lawmakers to back a last-minute deal between the White House and Senate leaders to avert severe tax increases and spending cuts. After months of fruitless argument between Republicans and Democrats, the White House and Senate reached an...

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Chinese Regulator’s Family Profited From Stake in Insurer

Gilles Sabrie for The New York TimesThe Ping An International Finance Center, being built in Shenzhen. Ping An is among the world’s biggest financial institutions. SHANGHAI — Relatives of a top Chinese regulator profited enormously from the purchase of shares in a once-struggling insurance company that is now one of China’s biggest financial powerhouses, according to interviews and a review of regulatory...

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Kobe Bryant Finally Joins Twitter — Kind Of

Long among the sports world’s biggest Twitter holdouts, Kobe Bryant has finally joined the social network. But he hasn’t opened an account, and won’t be around for long.Social savvy fans are being blessed with his presence thanks to Nike Basketball, which has turned over its account to Bryant since Tuesday.[More from Mashable: Avery Johnson’s Teenage Son Unloads on Twitter After NBA Firing]Nike Basketball,...

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Hillary Clinton Hospitalized for a Blood Clot

12/30/2012 at 08:55 PM EST Hillary Clinton has been hospitalized. The Secretary of State was admitted to New York Presbyterian Hospital on Sunday after doctors found a blood clot during an exam related to the concussion she suffered during a fall earlier this month, CNN reports. "Her doctors will continue to...

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Kenya hospital imprisons new mothers with no money

NAIROBI, Kenya (AP) — The director of the Pumwani Maternity Hospital, located in a hardscrabble neighborhood of downtown Nairobi, freely acknowledges what he's accused of: detaining mothers who can't pay their bills. Lazarus Omondi says it's the only way he can keep his medical center running.Two mothers who live in a mud-wall and tin-roof slum a short walk from the maternity hospital, which is affiliated...

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