Shape of Fiscal Deal Emerging, but Spending Still at Issue

WASHINGTON — Vice President Joseph R. Biden Jr. and Senator Mitch McConnell, the Republican leader, on Monday reached agreement on a tentative deal to stave off large tax increases starting on Tuesday, but remained stuck on whether and how to stop $110 billion in across-the-board spending cuts in 2013, an official familiar with the negotiations said. Under the emerging deal, income taxes...

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Angry Birds, YouTube among top apps of 2012

TORONTO (Reuters) – Angry Birds, Instagram and Facebook continued to be among the most downloaded apps of the year but rising stars also earned coveted spots on smartphones and tablets.This year consumers spent on average two hours each day using mobile applications, an increase of 35 percent over last year, according to analytics firm Flurry. The number is expected to continue growing in 2013.“2012...

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Armstrong better, Green Day to resume tour in 2013

LOS ANGELES (AP) — Green Day is going back out on the road.The Grammy-winning punk band announced new tour dates Monday.The band canceled the rest of its 2012 club schedule and postponed the start of a 2013 arena tour after singer-guitarist Billie Joe Armstrong's substance abuse problems emerged publicly in September when he had a profane meltdown on the stage of the iHeartRadio Music Festival in...

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Memphis Aims to Be a Friendlier Place for Cyclists

Lance Murphey for The New York TimesThe Shelby Farms Greenline, which replaced a Memphis rail line. MEMPHIS — John Jordan, a 64-year-old condo appraiser here, has been pedaling his cruiser bicycle around town nearly every day, tooling about at lunchtime or zipping to downtown appointments. “It’s my cholesterol-lowering device,” said Mr. Jordan, clad in a leather vest and wearing a bright...

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Shape of Fiscal Deal Emerging, but Spending Still at Issue

WASHINGTON — Vice President Joseph R. Biden Jr. and Senator Mitch McConnell, the Republican leader, on Monday reached agreement on a tentative deal to stave off large tax increases starting on Tuesday, but remained stuck on whether and how to stop $110 billion in across-the-board spending cuts in 2013, an official familiar with the negotiations said. Under the emerging deal, income taxes...

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Obama Accuses Republicans of Blocking Tax Deal

Pete Souza/The White House, via NBCPresident Obama spoke with David Gregory of NBC's "Meet The Press" in the Blue Room of the White House during an interview taped on Saturday. WASHINGTON — President Obama on Sunday implored Congress to act in the next 48 hours to avert the sharp tax increases and benefit cuts scheduled to take effect beginning on Tuesday, but there were no indications that negotiations...

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'The Hobbit' stays atop box office for third week

LOS ANGELES (AP) — "The Hobbit: An Unexpected Journey" continues to rule them all at the box office, staying on top for a third-straight week with nearly $33 million.The Warner Bros. fantasy epic from director Peter Jackson, based on the J.R.R. Tolkien novel, has made $222.7 million domestically alone.Two big holiday movies — and potential awards contenders — also had strong openings. Quentin Tarantino's...

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Elwood V. Jensen, Pioneer in Breast Cancer Treatment, Dies at 92

Tony Jones/Cincinnati Enquirer, via Associated PressElwood V. Jensen in 2004. Elwood V. Jensen, a medical researcher whose studies of steroid hormones led to new treatments for breast cancer that have been credited with saving or extending hundreds of thousands of lives, died on Dec. 16 in Cincinnati. He was 92. The cause was complications of pneumonia, his son, Thomas Jensen, said. ...

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Amid Fiscal Stalemate, How to Handle Tax Rate Uncertainty

So we’re left with no idea how much we’ll be paying in federal income taxes in 2013, and a wide range of possibilities for taxes on investments and estates and tax deductions for mortgage interest and charitable contributions. Plenty of people will spend the next several days feeling helpless, with one eye on the stock market and the other on Washington. For all the uncertainty, though, we...

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Apple still said to account for 87% of North American tablet traffic as Kindle Fire, Nexus 7 gain

Apple’s (AAPL) share of the global tablet market is in decline now that low-cost Android slates are proliferating, but the iPad still appears to be the most used tablet by a huge margin. Ad firm Chitika regularly monitors tablet traffic in the United States and Canada and in its latest report, Apple’s iPad was responsible for almost 90% of all tablet traffic across the company’s massive network.[More...

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