Wall Street little changed after data, Fed minutes on tap

NEW YORK (Reuters) - Stocks were little changed on Wednesday after housing and inflation data pointed to a continuation of modest economic improvement and ahead of the minutes from the Federal Open Market Committee's January meeting later in the session. Groundbreaking to build new U.S. homes fell 8.5 percent in January but new permits for construction rose to a 4 1/2-year high while...

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The Lede: North Korean Video Shows Obama in Flames

North Korea has released a new propaganda video that shows President Obama and United States troops in flames and credits Washington with leading the impoverished country to become a proud nuclear power.Songs, operas and novels that stoke hatred against the United States and belittle South Korea are daily fare for North Koreans living under a leadership that uses propaganda as a critical tool of governing....

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Judge says Apple likely violated SEC rules

Major Apple (AAPL) shareholder Greenlight Capital, headed by billionaire hedge-fund manager David Einhorn, recently sued the consumer electronics giant in an effort to limit the company’s ability to offer preferred stock. At the heart of its claims, Greenlight is arguing that combining three separate items into one proposition — one of which would change the way Apple’s board issues...

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Michael Jackson's Son Prince Michael Works as TV Reporter

Only on People.com By Jennifer Garcia 02/19/2013 at 09:35 AM EST From left: James Franco, Zach Braff and Prince Michael Jackson Courtesy ET Michael Jackson's son, Prince Michael, stepped into a world his late father knew well, becoming a special correspondent for...

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Hip implants a bit more likely to fail in women

CHICAGO (AP) — Hip replacements are slightly more likely to fail in women than in men, according to one of the largest studies of its kind in U.S. patients. The risk of the implants failing is low, but women were 29 percent more likely than men to need a repeat surgery within the first three years.The message for women considering hip replacement surgery remains unclear. It's not known which models...

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Wall Street opens higher on M&A activity

(Reuters) - A Texas mother had a one-in-70-million kind of Valentine's Day this year when she gave birth to two sets of identical twin boys, a Houston hospital announced on Monday. The four brothers were delivered at 31 weeks to Tressa Montalvo, 36, via Cesarean section at The Woman's Hospital of Texas in Houston, according to a news release from the hospital. Tressa and Manuel Montalvo Jr. were not...

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IHT Rendezvous: As Europe Moves to Cap Bonuses, Britain Hesitates

LONDON — It is hard to imagine any European politician losing votes these days by promising to curb bankers’ pay, which may explain why members of the European Parliament are enthusiastically pushing for the toughest restrictions on bank bonuses since the 2008 financial crisis.Representatives of the Parliament and of the 27 European Union governments were meeting on Tuesday to finalize a deal on banking...

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British author attacks “plastic” princess Kate

LONDON (Reuters) – One of Britain‘s most celebrated authors has launched a withering attack on the Duchess of Cambridge, the pregnant wife of Prince William, branding her a “shop-window mannequin” with a plastic smile whose only role in life is to breed.Prime Minister David Cameron described award-winning writer Hilary Mantel as “misguided” after she likened the former Kate Middleton to a “machine...

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Kate, Back from Babymoon, Resumes Royal Duties

By Simon Perry 02/18/2013 at 09:20 AM EST Five months into her pregnancy and just back from a Caribbean "babymoon" in Mustique, the Duchess of Cambridge is stepping up her work as she returns to her royal duties.Kate, 31, is set for a visit to the port of Grimsby, about 180 miles from London in north eastern England, where she will be shown...

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Study: Better TV might improve kids' behavior

SEATTLE (AP) — Teaching parents to switch channels from violent shows to educational TV can improve preschoolers' behavior, even without getting them to watch less, a study found.The results were modest and faded over time, but may hold promise for finding ways to help young children avoid aggressive, violent behavior, the study authors and other doctors said."It's not just about turning off the television....

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