Oracle's 1Q earnings rise, but revenue disappoints

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• Oracle's 1Q earnings rise, but revenue disappoints
• Speed the key between Arizona and Oregon
• Obama's record in Muslim world: strides, setbacks
• Syrian air strike kills at least 54: activists
• Wal-Mart will stop selling Amazon.com Kindles
• US stocks follow global markets lower
• Taiwan co. fined $500 million for LCD price fixing
• Microsoft fixing security bug in Internet Explorer
• Judge denies request to stop anti-Muslim film clip
• Microsoft, HP skirted taxes via offshore units: Senate panel
• S&P cuts Washington Post rating by 1 notch
• Shuttle lands in Calif. after cross-country voyage
• Gordon looks to bounce back from wreck in opener
• US Deputy Secretary of State in Libya for memorial
• Colo. suspect in court, this time without red hair
• Obama suggests Romney hasn't "gotten around a lot"
• Iran slams Israel's nuke program, Israel Iran's
• Prophet film puts spotlight on US Copts
• Lights, camera, sweat? Emmy fashions make it work
• King says euro zone threatens slow UK recovery
• Ohio Amish sect leader, followers convicted of hate crimes
• Joke photo on Fox suggests Obama met with pirate
• Oil drop reflects reality of global economy
• Wal-Mart stops selling Amazon Kindles
• Mammoth skeleton up for auction in Paris
• Arkansas' Smith stays positive through losses
• Endeavour flies over Ariz. en route to Calif. home
• Bourbon Street 'no preaching' law challenged
• Amish guilty of hate crimes in Ohio hair attacks
• Giuliana Rancic: Motherhood brings tears of joy
• Fiona Apple arrested for hashish in West Texas
• New Libyan leader to attend Clinton-run NY meeting
• Kelly, Giffords watch Endeavour fly over Ariz.
• Wis. woman convicted in fetal-abduction deaths
• Clinton forms panel to investigate Benghazi attack
• Starbucks turns up heat on coffee brewer market
• Partisan Dems, GOP can only agree defense cuts bad
• Jury convicts Wis. woman in fetal-abduction deaths
• Syrian activists: airstrikes kill at least 30
• Libya's Benghazi keeps its air of rebelliousness

Oracle's 1Q earnings rise, but revenue disappoints Posted: 20 Sep 2012 01:27 PM PDT Oracle's earnings matched analyst estimates in the latest quarter, but a revenue decline signaled the business software maker is having a tougher time closing deals.

Speed the key between Arizona and Oregon Posted: 20 Sep 2012 01:25 PM PDT Not long after his team's latest race-up-the-field victory, Arizona coach Rich Rodriguez was asked about the next opponent, the Oregon Ducks.

Obama's record in Muslim world: strides, setbacks Posted: 20 Sep 2012 01:22 PM PDT Images of angry mobs in Arab cities burning American flags and attacking U.S. diplomatic posts suggest the Muslim world is no less enraged at the United States than when President George W. Bush had to duck shoes hurled at him in Baghdad.

Syrian air strike kills at least 54: activists Posted: 20 Sep 2012 01:21 PM PDT BEIRUT (Reuters) - At least 54 people were killed when a jet fighter blew up a fuel station amid heavy fighting between government and rebel forces in northern Syria on Thursday, a British-based monitoring group said. The Syrian Observatory for Human Rights, which has a network of activists across Syria reporting on government violence during the 18-month-old revolt, cited an activist in al-Raqqa province as saying more than 110 people were dead or wounded. ...

Wal-Mart will stop selling Amazon.com Kindles Posted: 20 Sep 2012 01:17 PM PDT Wal-Mart Stores Inc. is phasing out the sale of Amazon.com's Kindle Fire tablet and Kindle e-readers, the second major retailer to stop offering the items in six months.

US stocks follow global markets lower Posted: 20 Sep 2012 01:15 PM PDT Weaker economic reports are tugging stocks slightly lower at the close of trading.

Taiwan co. fined $500 million for LCD price fixing Posted: 20 Sep 2012 01:14 PM PDT A Taiwanese company was fined $500 million Thursday and its former president and executive vice president were each sentenced to three years in prison for their leading roles in a global LCD screen price-fixing conspiracy.

Microsoft fixing security bug in Internet Explorer Posted: 20 Sep 2012 01:14 PM PDT Microsoft is releasing an update to its Internet Explorer browser to fix a security problem that could expose personal computers to hacking attacks.

Judge denies request to stop anti-Muslim film clip Posted: 20 Sep 2012 01:10 PM PDT An actress who appeared in an anti-Muslim film that sparked violence in the Middle East lost her legal challenge on Thursday to have the 14-minute trailer taken down from YouTube.

Microsoft, HP skirted taxes via offshore units: Senate panel Posted: 20 Sep 2012 01:08 PM PDT WASHINGTON (Reuters) - Technology giants Microsoft Corp and Hewlett-Packard Co used offshore units to shield billions of dollars from U.S. taxes by taking advantage of loopholes and stretching the limits of the tax code, a Senate panel said on Thursday. Calling tax avoidance rampant in the technology sector, the Senate's Permanent Subcommittee on Investigations said tech companies used intellectual property, royalties and license fees in overseas tax havens to skirt U.S. taxes. ...

S&P cuts Washington Post rating by 1 notch Posted: 20 Sep 2012 01:08 PM PDT Standard & Poor's cut the credit rating of the Washington Post Co. to "BBB" on Thursday, citing deteriorating performance at its Kaplan education unit and continuing declines in newspaper advertising revenue.

Shuttle lands in Calif. after cross-country voyage Posted: 20 Sep 2012 01:07 PM PDT Space shuttle Endeavour returned to its California roots Thursday after a wistful cross-country journey that paid homage to NASA workers and former Arizona Rep. Gabrielle Giffords and her astronaut husband.

Gordon looks to bounce back from wreck in opener Posted: 20 Sep 2012 01:05 PM PDT When a car crashed in his front yard, Jeff Gordon tweeted a photo of the vehicle stuck in his hedges.

US Deputy Secretary of State in Libya for memorial Posted: 20 Sep 2012 01:05 PM PDT The deputy U.S. secretary of state attended a memorial service in Tripoli on Thursday for the American ambassador to Libya and three consulate staffers killed in Benghazi last week.

Colo. suspect in court, this time without red hair Posted: 20 Sep 2012 01:00 PM PDT For the first time with hair that's brown instead of a wild shade of orangish-red, the suspect in Colorado's movie theater shooting appeared in court Thursday as prosecutors gave up their fight to see a notebook he sent to a university psychiatrist, saying they didn't want to delay proceedings.

Obama suggests Romney hasn't "gotten around a lot" Posted: 20 Sep 2012 12:57 PM PDT Stepping up his criticism of Mitt Romney's caught-on-tape moment, President Barack Obama said Thursday that his Republican rival's comments about voters suggest he doesn't know Americans very well.

Iran slams Israel's nuke program, Israel Iran's Posted: 20 Sep 2012 12:56 PM PDT Israel is accusing Iran of being the biggest nuclear threat to the Middle East as it seeks to deflect pressure over its own undeclared possession of atomic arms.

Prophet film puts spotlight on US Copts Posted: 20 Sep 2012 12:54 PM PDT The anti-Islamic movie trailer inflaming the Middle East opens with Muslims ransacking a Christian medical clinic and then segues into a flashback of Muhammad's life. "Set the place on fire! We'll burn out these forsaken Christians!" cries one Muslim character.

Lights, camera, sweat? Emmy fashions make it work Posted: 20 Sep 2012 12:53 PM PDT Each year, the Primetime Emmy Awards ceremony presents a steamy challenge for the red carpet's most fashionable, since September is typically LA's hottest month.

King says euro zone threatens slow UK recovery Posted: 20 Sep 2012 12:53 PM PDT LONDON (Reuters) - Bank of England Governor Mervyn King gave his trademark downbeat assessment of the British and world economy on Thursday in his first live television interview after nearly 10 years in office, and warned the euro zone could yet fall apart. Four years after the start of the financial crisis, King said it would be a long while before the economy returned to normal - and the most important task for Britain was now to reform bank regulation to reduce the chances of a future crisis. "We're beginning to see a few signs now of a slow recovery, but it will be a slow recovery. ...

Ohio Amish sect leader, followers convicted of hate crimes Posted: 20 Sep 2012 12:51 PM PDT CLEVELAND (Reuters) - A federal jury on Thursday convicted an Ohio Amish sect leader and 15 of his followers on federal hate crimes charges in connection with several beard- and hair-cutting attacks on Amish people that shocked the state last fall. Samuel Mullet Sr. and each of his followers were found guilty on multiple charges for the attacks on nine Amish men and women. The jury in federal court in Cleveland began deliberating last Thursday. ...

Joke photo on Fox suggests Obama met with pirate Posted: 20 Sep 2012 12:50 PM PDT Arrrrgh: Fox News Channel used a joke picture of President Barack Obama sitting with a man in full buccaneer regalia to suggest Thursday that the president was more interested in meeting with a pirate than in conducting foreign policy.

Oil drop reflects reality of global economy Posted: 20 Sep 2012 12:45 PM PDT Reality returned to the oil market this week.

Wal-Mart stops selling Amazon Kindles Posted: 20 Sep 2012 12:40 PM PDT (Reuters) - Wal-Mart Stores Inc will no longer sell Amazon.com Inc's Kindle eReaders and tablets, severing its relationship with a major competitor and placing a bet that consumers are more interested in Apple's iPad and other gadgets. The world's largest retailer, which has been trying to catch up to Amazon in online sales, said the decision was consistent with its overall merchandising strategy. Owners of Kindle tablets such as the new Kindle Fire HD can shop on the devices for millions of items beyond digital books. This allows Amazon to compete with stores on more lines of merchandise. ...

Mammoth skeleton up for auction in Paris Posted: 20 Sep 2012 12:39 PM PDT Looking for that must-have ornament for a cavernous living room or backyard lawn? Perk up, Sotheby's is putting a complete Mammoth skeleton up for sale in Paris.

Arkansas' Smith stays positive through losses Posted: 20 Sep 2012 12:39 PM PDT Even now, John L. Smith refuses to let go of his infectious smile.

Endeavour flies over Ariz. en route to Calif. home Posted: 20 Sep 2012 12:37 PM PDT Space shuttle Endeavour flew over Tucson on Thursday in honor of former Congresswoman Gabrielle Giffords and her astronaut husband before continuing its trek west to retirement in a Los Angeles museum.

Bourbon Street 'no preaching' law challenged Posted: 20 Sep 2012 12:37 PM PDT A street preacher sued on Thursday to block a city ordinance that restricts religious or political speech on Bourbon Street after dark.

Amish guilty of hate crimes in Ohio hair attacks Posted: 20 Sep 2012 12:35 PM PDT Sixteen Amish men and women were convicted Thursday of hate crimes including forcibly cutting off fellow sect members' beards and hair in a religious dispute that offered a rare and sometimes lurid glimpse into the closed and usually self-regulating community of believers.

Giuliana Rancic: Motherhood brings tears of joy Posted: 20 Sep 2012 12:23 PM PDT Giuliana Rancic may be known as a trendsetting red carpet regular, but it's the unglamorous side of new motherhood that's got her smiling from ear to ear.

Fiona Apple arrested for hashish in West Texas Posted: 20 Sep 2012 12:22 PM PDT Singer-songwriter Fiona Apple has been arrested for hashish possession at a West Texas town after a Border Patrol drug-sniffing dog detected marijuana in her tour bus.

New Libyan leader to attend Clinton-run NY meeting Posted: 20 Sep 2012 12:20 PM PDT Libya's newly-elected leader will join Egypt's president and the U.N. secretary-general for the Clinton Global Initiative annual meeting in New York City.

Kelly, Giffords watch Endeavour fly over Ariz. Posted: 20 Sep 2012 12:18 PM PDT The last commander of the space shuttle Endeavour said "That's my spaceship" as it flew over Tucson, Ariz., in honor of him and his wife, former Congresswoman Gabrielle Giffords.

Wis. woman convicted in fetal-abduction deaths Posted: 20 Sep 2012 12:17 PM PDT A Milwaukee woman was convicted Thursday of killing a pregnant woman and trying to steal her full-term fetus last year.

Clinton forms panel to investigate Benghazi attack Posted: 20 Sep 2012 12:17 PM PDT WASHINGTON (Reuters) - Secretary of State Hillary Clinton said on Thursday she was forming a panel to investigate the attack on the U.S. consulate in Benghazi, Libya that killed Ambassador Christopher Stevens and three other U.S. officials. The panel, whose creation is generally required by law when someone is killed or seriously injured at a U.S. mission abroad, will be chaired by Thomas Pickering, a retired diplomat who served as U.S. ambassador to Russia, India, Israel, Nigeria, El Salvador, Jordan and at the U.S. Mission to the United Nations. ...

Starbucks turns up heat on coffee brewer market Posted: 20 Sep 2012 12:15 PM PDT Starbucks Corp. is turning up the heat on the single-serve coffee market, and someone might get burned.

Partisan Dems, GOP can only agree defense cuts bad Posted: 20 Sep 2012 12:14 PM PDT The only thing a bitterly partisan Congress can agree on as it heads for the exits is that looming defense cuts will have a devastating effect on the military.

Jury convicts Wis. woman in fetal-abduction deaths Posted: 20 Sep 2012 12:12 PM PDT A Milwaukee woman has been convicted of killing a pregnant mother last year and trying to steal her full-term baby.

Syrian activists: airstrikes kill at least 30 Posted: 20 Sep 2012 12:12 PM PDT Regime airstrikes hit a gas station in northern Syria Thursday, setting off a fiery explosion that killed at least 30 people and wounded dozens, opposition activists said. Amateur video showed thick black smoke engulfing the scene.

Libya's Benghazi keeps its air of rebelliousness Posted: 20 Sep 2012 12:12 PM PDT In front of Benghazi's stock market, pedestrians pick their way around lakes of sewage in the street, carefully stepping on bricks set in the fetid water. The grandest hotel in Libya's second largest city is a gloomy, state-owned bulk, with broken windows and dim corridors.

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