Texas Instruments cuts 1,700 jobs, winds down tablet chips

NEW YORK/SAN FRANCISCO (Reuters) – Texas Instruments is eliminating 1,700 jobs, as it winds down its mobile processor business to focus on chips for more profitable markets like cars and home appliances.Texas Instruments said in September it would halt costly investments in the increasingly competitive smartphone and tablet chip business, leading Wall...

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Canada’s Carney says rate hikes “less imminent”

TORONTO (Reuters) – Interest rate hikes have become less imminent than the Bank of Canada once expected, although rates are still likely to rise, central bank Governor Mark Carney said in an interview published on Saturday.“Over time, rates are likely to increase somewhat, but over time, so a less imminent timing relative to our expectation,” Carney said...

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Beating tax cheats key to Italy’s recovery plan

ROME (AP) — Good plumbers may be worth their weight in gold, but when one was spotted zipping around in a bright red Ferrari, Italian tax police were fast on his trail.Stamping out entrenched tax evasion is crucial to Premier Mario Monti‘s quest to keep Italy from succumbing to the European debt crisis, and it is critical to fellow eurozone members in...

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Actor Channing Tatum dubbed People’s sexiest man alive

NEW YORK (Reuters) – Actor Channing Tatum, who set female hearts fluttering in the summer movie hit “Magic Mike”, was named the sexiest man alive by People magazine on Wednesday.“My first thought was, ‘Y’all are messing with me,” Tatum told the magazine after hearing the news. The 32-year-old actor, who is married to...

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New Hope For ‘Man on Fire Syndrome’

Pamela Costa has never known a day without agonizing pain in her legs and feet.At age 11, the Seattle native was diagnosed with inherited erythromelalgia, a genetic condition that causes such severe pain and redness some call it “Man on Fire Syndrome.” “Think of the feeling that you get when you come in from the cold...

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Patraeus' mistress Broadwell in classified document probe

Paula Broadwell, the author who allegedly had an affair with former CIA Director David Petraeus, is suspected of storing significant amounts of military documents, including classified material, at her home, potentially in violation of federal law.A source familiar with case told ABC News that Broadwell admitted to the FBI she took the documents from secure government buildings. The government demanded...

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Anne Hathaway reveals oatmeal paste diet for ‘Les Miserables’

LOS ANGELES (Reuters) – Hollywood starlet Anne Hathaway credits a strict diet of dried oatmeal paste for helping her shed some 25 pounds (11 kg) for her role in the forthcoming big screen musical “Les Miserables.”“I had to be obsessive about it – the idea was to look near death,” Hathaway told Vogue about preparing for her role as the consumptive prostitute...

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Prospect of going over 'fiscal cliff' bringing old rivals together

RT @BillWeirABC: ABC News is reporting Petraeus will testify on Benghazi tomorr...

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New Hope For ‘Man on Fire Syndrome’

Pamela Costa has never known a day without agonizing pain in her legs and feet.At age 11, the Seattle native was diagnosed with inherited erythromelalgia, a genetic condition that causes such severe pain and redness some call it “Man on Fire Syndrome.” “Think of the feeling that you get when you come in from the cold...

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Microsoft and Google financials could surface at trial

(Reuters) – Microsoft and Google‘s Motorola Mobility unit squared off on Tuesday at a trial with strategic implications for the smartphone patent wars and which could reveal financial information the two companies usually keep under wraps.The proceeding in a Seattle federal court will determine how much of a royalty Microsoft Corp should pay Google Inc...

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