RIGA, Latvia — When a credit-fueled economic boom turned to bust in this tiny Baltic nation in 2008, Didzis Krumins, who ran a small architectural company, fired his staff one by one and then shut down the business. He watched in dismay as Latvia’s misery deepened under a harsh austerity drive that scythed wages, jobs and state financing for schools and hospitals. But instead of taking to...
Dec
31
USC's dreadful performance is perfect way to conclude imperfect season
Label: World EL PASO — A football season that once swaggered through the warmth of a No. 1 ranking has curled up and expired in a cold, remote desert, buffeted by a chilled and foreboding wind.The kid coach is bundled in a black hoodie and wearing sunglasses. He is standing 10 yards from most of his team. He is hunched over a play card, huddled into himself,...
The Best of Exploration: Top 8 Stories of Space Exploration in 2012
Label: TechnologyOur recap of the year’s best exploratory exploits continues today with a look at the biggest developments in space exploration. 2012 saw the stunning debut of new spacecraft (Curiosity), the continued contributions of geriatric ones (Voyager), and the first full year since the end of the Space Shuttle program. Casey Dreier of The Planetary Society nominated 8 particularly meaningful developments from...
Hollywood tops Chinese film market in 2012, first time in four years
Label: LifestyleSHANGHAI (Reuters) – China‘s 2012 box office was dominated by foreign films for the first time in four years as a deal cemented earlier this year saw more Hollywood film screened on the mainland, squeezing out domestic competition.China’s box office receipts are expected to reach 16.8 billion yuan ($ 2.7 billion) in 2012 and about 8 billion yuan ($ 1.28 billion), or slightly less than half the receipts,...
U.S. Birthrate Dips, Especially for Hispanics
Label: HealthORLANDO, Fla. — Hispanic women in the United States, who have generally had the highest fertility rates in the country, are choosing to have fewer children. Both immigrant and native-born Latinas had steeper birthrate declines from 2007 to 2010 than other groups, including non-Hispanic whites, blacks and Asians, a drop some demographers and sociologists attribute to changes in the views of many Hispanic...
Big in 2012, but the Future Is Hazy for Bonds
Label: BusinessThe big story in the markets this year was not about stocks. Stephanie Diani for The New York TimesWhile many see bonds fading in 2013, William Gross of Pimco, one of the biggest bond investors, is taking the opposite stance. Americans sold off their stock mutual funds, the most popular way to invest in American companies, at the fastest clip since 2008,...
Dec
30
Congress edges closer to 'fiscal cliff' deal but can't close it
Label: World WASHINGTON — Democrats and Republicans on Capitol Hill inched toward a compromise to avert part of the so-called fiscal cliff...
A Google-a-Day Puzzle for Dec. 31
Label: Technology Our good friends at Google run a daily puzzle challenge and asked us to help get them out to the geeky masses. Each day’s puzzle will task your googling skills a little more, leading you to Google mastery. Each morning at 12:01 a.m. Eastern time you’ll see a new puzzle posted here.SPOILER WARNING:We leave the comments on so people can work together to find the answer....
UK “X Factor” winner regains top chart spot
Label: LifestyleLONDON (Reuters) – James Arthur, winner of this year’s British version of the “X Factor” TV talent show, saw his debut single climb back to number one in the British pop charts on Sunday.Arthur’s “Impossible” shot straight to the top earlier this month but was overtaken last week by a tribute song to the victims of the 1989 Hillsborough football stadium disaster, “He Ain’t Heavy, He’s My Brother”,...
Dr. Rita Levi-Montalcini, a Revolutionary in the Study of the Brain, Dies at 103
Label: HealthFabio Campana/European Pressphoto AgencyDr. Rita Levi-Montalcini in 2007. She discovered chemical tools the body uses to direct cell growth and build nerve networks. Dr. Rita Levi-Montalcini, a Nobel Prize-winning neurologist who discovered critical chemical tools that the body uses to direct cell growth and build nerve networks, opening the way for the study of how those processes can go wrong in...
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