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Thursday, November 1, 2012

Pfizer 3Q profit falls 14 pct on generic Lipitor

Pfizer 3Q profit falls 14 pct on generic Lipitor


Pfizer 3Q profit falls 14 pct on generic Lipitor

Posted: 01 Nov 2012 01:26 PM PDT

In this July 12, 2012, photo, Centrum multivitamins are shown on the packaging line at the Pfizer plant in Montreal. Drugmaker Pfizer's third-quarter profit falls 14 percent as sales plunge amid increased generic competition to cholesterol fighter Lipitor, long the world's top-selling drug. Its sales dove 71 percent to $749 million. (AP Photo/The Canadian Press, Graham Hughes)Drug giant Pfizer Inc. said Thursday that its third-quarter profit fell 14 percent as sales plunged, mainly due to increased U.S. generic competition to cholesterol fighter Lipitor, long the world's top-selling drug.


Exasperation builds on Day 3 in storm-stricken NYC

Posted: 01 Nov 2012 01:26 PM PDT

Dry ice is unloaded from a flatbed truck in Union Square for distribution to residents of the still powerless Chelsea section of Manhattan, Thursday, Nov.1, 2012, in New York. Three days after superstorm Sandy walloped the city, residents and commuters still faced obstacles as they tried to return to pre-storm routines. (AP Photo/ Louis Lanzano)Frustration — and in some cases fear — mounted in New York City on Thursday, three days after Superstorm Sandy. Traffic backed up for miles at bridges, large crowds waited impatiently for buses into Manhattan, and tempers flared in gas lines.


Edwin Q. White, former AP Saigon chief, dies

Posted: 01 Nov 2012 01:23 PM PDT

This 1987 photo shows AP Seoul Chief of Bureau Edwin Q. White. White, a Saigon bureau chief for The Associated Press during the U.S. buildup in the Vietnam War, died Thursday, Nov. 1, 2012 in Honolulu at age 90. (AP Photo)Edwin Q. White, who served as Saigon bureau chief for The Associated Press as the U.S. committed massive numbers of combat troops to Vietnam, died before dawn Thursday in Honolulu at age 90, his daughter said.


Flying gets easier but other travel woes persist

Posted: 01 Nov 2012 01:24 PM PDT

Planes were getting up to speed faster than trains and automobiles in the storm-stricken Northeast.

BCS officials say Notre Dame an attractive option

Posted: 01 Nov 2012 01:22 PM PDT

Notre Dame linebacker Prince Shembo wields a sledgehammer as he celebrates with fans following a 30-13 victory over Oklahoma in an NCAA college football game in Norman, Okla., Saturday, Oct. 27, 2012. (AP Photo/Sue Ogrocki)Some BCS officials are almost as giddy about the prospect of Notre Dame playing in one of their bowls games as Fighting Irish fans are.


Missing journalist's family to travel to Beirut

Posted: 01 Nov 2012 01:20 PM PDT

The family of a freelance journalist who disappeared while covering the war in Syria plans to travel to Beirut to work for his release.

Ex-Penn St. president charged in Sandusky case

Posted: 01 Nov 2012 01:19 PM PDT

FILE - In this March 7, 2007, file photo, Penn State University president Graham Spanier speaks during a news conference at the Penn State Milton S. Hershey Medical Center in Hershey, Pa. Spanier is accused of perjury, endangering children and other charges in the Jerry Sandusky molestation scandal. According to online court records charges were filed, Thursday, Nov. 1, 2012, against Penn State's ex-president and two other administrators in what prosecutors called Former Penn State President Graham B. Spanier was charged Thursday with hushing up child sex abuse complaints against Jerry Sandusky, making him the third school official to be accused of crimes in the alleged cover-up.


Bloomberg endorses Obama for a second term, climate change a focus

Posted: 01 Nov 2012 01:19 PM PDT

U.S. President Barack Obama and New York Mayor Michael Bloomberg attend the New York City Science and Engineering Fair at the American Museum of Natural History in New York(Reuters) - New York Mayor Michael Bloomberg on Thursday endorsed President Barack Obama for a second term, citing the importance of his record on climate change, particularly in the aftermath of the devastating blow dealt to the New York area by storm Sandy. Bloomberg said Obama has taken significant steps to reduce carbon consumption, whereas Republican challenger Mitt Romney has backtracked on earlier positions he had taken as governor of Massachusetts to battle climate change. "Our climate is changing," Bloomberg wrote in an opinion article for Bloomberg View, a section of Bloomberg News. ...


Francis Lawrence to direct 'Hunger Games' sequels

Posted: 01 Nov 2012 01:14 PM PDT

FILE - In this image released by Lionsgate, Jennifer Lawrence portrays Katniss Everdeen in a scene from "The Hunger Games." Lionsgate announced Thursday, Nov. 1, 2012, that "The Hunger Games: Catching Fire" filmmaker Francis Lawrence would also direct "The Hunger Games: Mockingjay Part One" and "Part Two." (AP Photo/Lionsgate, Murray Close, File)The odds are ever in Francis Lawrence's favor.


Blaze at site of derailment in Ky. to keep burning

Posted: 01 Nov 2012 01:12 PM PDT

Billy Ash, Mayor of West Point updates residents of West Point, Ky., living within a mile-and-a-half radius of the site of a train derailment as they wait at a Red Cross shelter Wednesday, Oct. 31, 2012 at the Muldraugh Elementary School in Muldraugh, Ky. A Paducah & Louisville Railway train carrying hazardous chemicals derailed just after 6 a.m. EDT Monday, A leak of a potentially explosive material was contained, but authorities say three workers were severely burned in a fire that erupted while contractors were removing debris from the train today in southwest Louisville, Kentucky. (AP Photo/Brian Bohannon)Authorities in Kentucky have lifted an order that required people within 5 miles of a train derailment to remain indoors. However, people living within roughly a mile of the fire cannot yet return to their homes.


Stocks rally as US economic picture brightens

Posted: 01 Nov 2012 01:12 PM PDT

Stocks are closing sharply higher on Wall Street after a series of encouraging economic reports, including a surge in consumer confidence.

Horses tied to drug cartel auctioned in Oklahoma

Posted: 01 Nov 2012 01:12 PM PDT

More than 300 horses that the federal government says were bought and trained as part of a Mexican drug cartel's money-laundering operation are being auctioned in Oklahoma City.

Dominican police say ex-Yankee Perez slain at home

Posted: 01 Nov 2012 01:11 PM PDT

FILE - In this May, 8, 1984, file photo, Atlanta Braves' Pascual Perez delivers a pitch on his way to earning a victory against the Philadelphia Phillies during a baseball game in Philadelphia. Police in the Dominican Republic say the former major league pitcher has been killed in his home during an apparent robbery. (AP Photo/Amy Sancetta, File)Former major league pitcher Pascual Perez, who had a troubled 11-season career that included two suspensions for drug use, was killed at his home in the Dominican Republic in an apparent robbery, police said Thursday.


Obama 2nd term: Leverage, lessons learned, legacy

Posted: 01 Nov 2012 01:11 PM PDT

President Barack Obama shakes hands with supporters during a campaign stop at Austin Straubel International Airport in Green Bay, Wis.,Thursday, Nov. 1, 2012. (AP Photo/Tom Lynn)If he won again, President Barack Obama would govern with a window of leverage, an eye on his legacy and the luxury of lessons learned.


Nearly 4.5 million still lack power after Sandy: DOE

Posted: 01 Nov 2012 01:10 PM PDT

(Reuters) - Nearly 4.5 million homes and businesses in 12 U.S. states remained without power on Thursday afternoon, three days after Hurricane Sandy battered the U.S. East Coast, federal data showed. That was down about 200,000 from the 4.7 million customers the U.S. Department of Energy reported as being out earlier on Thursday. In total, at its peak, Sandy left 8.48 million customers in 21 states from North Carolina to Maine and as far west as Illinois without power. That was slightly more than the 8.38 million that lost service during last year's Hurricane Irene. ...

Mo. Sen. McCaskill using Romney in new TV ad

Posted: 01 Nov 2012 01:08 PM PDT

Democratic Sen. Claire McCaskill ventured into Republican-leaning southern Missouri on Thursday, warning voters that challenger Todd Akin would be part of a "very small caucus of extremists" if elected to the Senate and launching a new ad, titled, "Unfit," featuring video of GOP presidential nominee Mitt Romney denouncing Akin.

Unions launch 'final four' campaign push

Posted: 01 Nov 2012 01:08 PM PDT

Labor leaders expect 128,000 volunteers to campaign for President Barack Obama and other union-friendly candidates during the final four days before the Nov. 6 election.

Retailers' gains in October could hurt holidays

Posted: 01 Nov 2012 01:07 PM PDT

In this Friday, Oct, 26, 2012, photo, people shop at an Apple store inside a mall in Cheektowaga, N.Y. Americans spent briskly in October before Superstorm Sandy hit the Northeast, but the question is whether they're still willing to get an iPhone for Christmas if they plunked down hundreds on a generator for Sandy. The storm, which hit at the East Coast at the tail-end of October, did not appear to negatively impact sales during the month. (AP Photo/David Duprey)Americans spent briskly in October before Superstorm Sandy hit the Northeast on the tail-end of the month. But the question is whether they're still willing to buy an iPhone for Christmas if they plunked down hundreds on a generator for Sandy?


Greek publisher acquitted in privacy case

Posted: 01 Nov 2012 01:06 PM PDT

A magazine publisher was acquitted on Thursday of breaching privacy laws by printing a list allegedly naming Greeks with bank accounts in Switzerland. The list has touched off a fierce debate in the nearly bankrupt country after governments failed to use it to check for possible tax evasion by rich depositors.

Mayor says NYC Marathon won't divert resources

Posted: 01 Nov 2012 01:06 PM PDT

New York City Mayor Michael Bloomberg says Sunday's marathon won't divert resources from victims of Superstorm Sandy's devastation.

George H.W. Bush, Gorbachev lunch in Houston

Posted: 01 Nov 2012 01:06 PM PDT

Former Secretary of State James Baker, right, points out a page in former President of the Soviet Union Mikhail Gorbachev's, left, book to former President George H.W. Bush, center, before their lunch Thursday, Nov. 1, 2012, in Houston. Gorbachev is in Houston to speak at the Brilliant Lecture Series. Gorbache's adviser Pavel Palazhchenko is back left. (AP Photo/David J. Phillip)One-time world leaders George H.W. Bush and Mikhail Gorbachev are renewing their friendship.


NBC to hold a benefit concert for Sandy victims

Posted: 01 Nov 2012 01:03 PM PDT

FILE - This Aug. 14, 2012 file photo shows Bruce Springsteen performing at Fenway Park in Boston. NBC is holding a benefit concert for victims of Hurricane Sandy featuring some artists native to the areas hardest hit. Bruce Springsteen and Jon Bon Jovi of New Jersey and Billy Joel of Long Island are scheduled to appear at the concert Friday, Nov. 2. (AP Photo/Michael Dwyer, file)NBC will hold a benefit concert Friday for victims of Hurricane Sandy featuring some artists native to the areas hardest hit.


Microsoft pushes new Windows to developers

Posted: 01 Nov 2012 12:59 PM PDT

Microsoft CEO Steve Ballmer speaks during the launch of Windows Phone 8 in San FranciscoSEATTLE (Reuters) - Days after launching Windows 8, Microsoft Corp is mounting a strong campaign to win over the software developers it needs to kick-start its new operating system. A lack of apps is Microsoft's Achilles heel as it attempts to catch Apple Inc and Google Inc in the rush toward mobile computing. Windows 8, the new Surface tablet and a range of Windows-based phones - all unveiled in the past week - are designed to close that gap, but the world's largest software company still needs to convince developers to recreate the thriving 'ecosystem' that made PCs so successful. ...


Post-Sandy, Airbnb fees waived, Uber demand surges

Posted: 01 Nov 2012 12:58 PM PDT

Two tech startups — one that pairs travelers with hosts and another that pairs drivers with people who need rides — have found diverging ways to deal with demand for their services in aftermath of Superstorm Sandy.

Astronauts take spacewalk to find ammonia leak

Posted: 01 Nov 2012 12:57 PM PDT

In an image made from NASA TV, space station commander Sunita Williams, center, works on a leaky radiator system outside the International Space Station on Thursday, Nov. 1, 2012, just hours after barely dodging a menacing piece of orbiting junk. Williams and Japanese astronaut Akihiko Hoshide wasted no time installing jumper cables outside their home for the past four months. Their objective was to isolate a suspect radiator to help determine whether that is the source of the ammonia coolant leak, and deploy a spare radiator to bypass the troublesome section. (AP Photo/NASA)Two spacewalking astronauts worked on a leaky radiator system outside the International Space Station on Thursday, just hours after barely dodging a menacing piece of orbiting junk.


Factbox: Storm Sandy blamed for at least 93 deaths in U.S., Canada

Posted: 01 Nov 2012 12:54 PM PDT

(Reuters) - Deaths in the United States and Canada from Sandy, the massive storm that hit the U.S. East Coast this week, rose to at least 93 on Thursday after the number of victims reported by authorities in New York City jumped and deaths in New Jersey and elsewhere also rose. The latest New York City death count has risen to 38, police said. Fifteen of the city's dead were found on Staten Island, whose southeast flank took the full brunt of the storm surge. ...

Insight: Putin's Russia - more fragile than it looks

Posted: 01 Nov 2012 12:52 PM PDT

Workers attach pre-election poster featuring then Russia's President Medvedev and Prime Minister Putin in KrasnodarMOSCOW (Reuters) - When Vladimir Putin celebrated his 60th birthday this month, a group of patriotic mountaineers unfurled a portrait of the Russian leader on a 4,150-metre mountain peak. Hailing him as a guarantor of happiness and stability, the climbers' leader explained: "We have stuck Putin's portrait on a rock wall we see as unbreakable and eternal as Putin". But as Putin nears the end of his 13th year ruling this vast country, Russians feel increasingly unhappy and worries over long-term political and economic stability are growing. ...


New York Mayor Bloomberg endorses Obama

Posted: 01 Nov 2012 12:51 PM PDT

Mayor Michael Bloomberg speaks to the media at Seward Park High School on the lower east side, the site of one of many public shelters set up in preparation of the storm, Sunday, Oct. 28, 2012, in New York. Tens of thousands of people were ordered to evacuate coastal areas Sunday as big cities and small towns across the U.S. Northeast braced for the onslaught of a superstorm threatening some 60 million people along the most heavily populated corridor in the nation. (AP Photo/ Louis Lanzano)New York Mayor Michael Bloomberg is endorsing President Barack Obama for re-election, citing his leadership on climate change.


Shore residents return home to damage, destruction

Posted: 01 Nov 2012 12:50 PM PDT

This aerial photo shows a collapsed house along the central Jersey Shore coast on Wednesday, Oct. 31, 2012, over New Jersey. New Jersey got the brunt of Sandy, which made landfall in the state and killed at least six people. More than 2 million customers were without power as of Wednesday afternoon, down from a peak of 2.7 million. (AP Photo/Mike Groll)Bill Goldberg's first reaction upon entering his flood-damaged home in this popular Jersey Shore resort community was unprintable.


Foster earns lifetime-achievement honor at Globes

Posted: 01 Nov 2012 12:49 PM PDT

FILE - This July 13, 2012 file photo shows actress Jodie Foster during Comic-Con in San Diego. The Hollywood Foreign Press Association announced Thursday, Nov. 1, that Foster will receive the group's Cecil B. DeMille Award at the 70th annual Globes ceremony on Jan. 13. (Photo by Matt Sayles/Invision/AP, file)Jodie Foster is adding a new trophy to her collection — a lifetime-achievement honor at the Golden Globes.


Group demands Texas chopper shooting investigation

Posted: 01 Nov 2012 12:46 PM PDT

FILE - In a Friday Oct. 26, 2012 file photo, a truck travels along the stretch of gravel road near La Joya, Texas, where a Texas Department of Public Safety helicopter and sharpshooter assisted the previous day in the chase of a suspected illegal immigrant smuggler. Two people in the fleeing vehicle were killed and a third was wounded. A grand jury will consider the case of two Guatemalan immigrants killed in the bed of the tarp-covered truck that authorities thought was ferrying drugs, a prosecutor said Wednesday, Oct. 31, 2012. (AP Photo/Chris Sherman, File)A civil rights group is demanding an independent investigation of the fatal shooting of two suspected illegal immigrants by a Texas state trooper from a helicopter.


Savile estate frozen due to potential abuse claims

Posted: 01 Nov 2012 12:45 PM PDT

FILE- The hearse bearing the coffin of Sir Jimmy Savile moves slowly as crowds of fans look on, in Leeds, England, in this file photo dated Wednesday Nov. 9, 2011. The TV personality and broadcaster widely known for his charitable works is being revealed by police as a sexual predator. Relevations about Savile as a sex offender have shaken the British public and questions are being asked in the media about whether the society that gave him fame and fortune, also helped keep his crimes from coming out. (AP Photo/Jon Super, file)A decision by Jimmy Savile's executors to freeze his estate has cleared the way for a host of financial claims against the late entertainer, alleged to be one of Britain's most prolific child sex abusers.


Most of Congress coming back despite low approval

Posted: 01 Nov 2012 12:39 PM PDT

FILE - In this June 7, 2012 file photo, Rep. Charlie Rangel, D-N.Y. speaks during a news conference on Capitol Hill. When the results are counted this Tuesday, Americans are poised to resoundingly rehire roughly 350 of the 535 members of the House and Senate despite railing for months about an ineffective, bitterly divided legislature. The once-in-a-decade redrawing of congressional districts is one of the main reasons why so many lawmakers will return to Washington _ and the first election after that politically driven process is typically a high point _ but redistricting isn't the only reason. The power of incumbency with its name recognition and cash advantage also is responsible. (AP Photo/Haraz N. Ghanbari, File)Listen up voters, you're the boss.


Calif. death penalty opponents say it's too costly

Posted: 01 Nov 2012 12:39 PM PDT

Death penalty opponents in California are trying a new argument this year: Abolish capital punishment because the perpetually cash-strapped state just can't afford it.

Storm-crippled NYC subway creaks back into service

Posted: 01 Nov 2012 12:36 PM PDT

A commuter waits as the first A train approaches the platform at Penn Station as MTA resumed limited service Thursday, Nov. 1, 2012, in New York. The decision to reopen undamaged parts of the nation's largest transit system came as the region struggles to restore other basic services to recover from a storm that ravaged the East Coast, killing more than 70 people and leaving millions powerless. (AP Photo/CX Matiash)Subways started running again in much of New York City on Thursday for the first time since Superstorm Sandy, but traffic at bridges backed up for miles, long lines formed at gas stations, and big crowds of commuters waited restlessly for buses.


Correction: Switzerland-Earns-UBS story

Posted: 01 Nov 2012 12:35 PM PDT

In a story Oct. 30 about the Swiss bank UBS, The Associated Press reported erroneously that the bank will cut 3,000 jobs at its U.S. operations in Stamford, Conn. The bank says it did not give an exact U.S. figure and not all the U.S. job cuts will be in Stamford.

Mo. Sen. McCaskill using Romney in ad against Akin

Posted: 01 Nov 2012 12:35 PM PDT

Democratic Sen. Claire McCaskill is launching a new ad featuring video of Republican presidential candidate Mitt Romney denouncing her opponent, Todd Akin.

Police arrest comic Starr in Savile abuse case - TV

Posted: 01 Nov 2012 12:34 PM PDT

LONDON (Reuters) - British police arrested comedian Freddie Starr on Thursday as part of an investigation triggered by allegations that late BBC presenter Jimmy Savile sexually abused children, media reported. Police said in a statement they had arrested a man in his 60s on suspicion of sex offences. The man was identified by Sky News and ITV News as Starr, who earlier had offered to talk to police. ...

NFL and players' union donating $1 million

Posted: 01 Nov 2012 12:32 PM PDT

The NFL and the players' union are combining to donate $1 million to the American Red Cross to help in the recovery efforts in the Northeast after Hurricane Sandy.

Court eyes limits on detention powers in searches

Posted: 01 Nov 2012 12:31 PM PDT

The Supreme Court reacted skeptically Thursday to the government's argument that police may detain residents of a home to be searched even if they are away from home when the search takes place.

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