US stocks dive after Fed minutes

NEW YORK: US stocks piled up losses Wednesday after Federal Reserve minutes showed divisions over asset purchases, with some officials suggesting to wind them down before the jobs market picks up.The Dow Jones Industrial Average finished down 108.13 points (0.77 percent) at 13,927.54.The S&P 500-stock index fell 18.99 points (1.24 percent) to 1,511.95 and the tech-rich Nasdaq Composite...

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FCC takes first step toward allocating more Wi-Fi spectrum

FCC Commissioners L to R: Commissioner Jessica Rosenworcel, Commissioner Robert M. McDowell, Chairman Julius Genachowski, Commissioner Mignon Clyburn and Commissioner Ajit Pai.(Credit:FCC)The Federal Communications Commission took the first steps today toward freeing up more wireless spectrum to boost Wi-Fi data speeds and ease congestion on Wi-Fi networks in hotels, airports, and homes.During its...

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Pistorius prosecution: Error in "testosterone" testimony

PRETORIA, South AfricaThe investigating officer in the Oscar Pistorius murder case made an error in his court testimony Wednesday when he identified a substance found in the athlete's bedroom as testosterone, the national prosecutor said. Medupe Simasiku, the spokesman for South Africa's National Prosecution Agency, told The Associated Press that it was too early to identify the substance as it was...

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Arias Can't Remember Gory Death of Ex-Boyfriend

Accused murderer Jodi Arias told an Arizona jury today that her ex-boyfriend became enraged when she dropped his new camera, body slammed her to a tile floor and threatened to kill her, and in the frantic struggle that followed she remembers a gun being fired accidentally but does not remember stabbing him.Her version of Travis Alexander's death was the culmination of more than...

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Bulgarian government resigns amid growing protests

SOFIA (Reuters) - Bulgaria's government resigned on Wednesday after mass protests against high power prices and falling living standards, joining a long list of European administrations felled by austerity during four years of debt crisis. Prime Minister Boiko Borisov, an ex-bodyguard who took power in 2009 on pledges to root out graft and raise incomes in the European Union's poorest member,...

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Google shares top $800 despite Microsoft challenge

NEW YORK: Internet search king Google's shares pushed past $800 for the first time Tuesday despite a tough new challenge from Microsoft and looming European Union action over alleged privacy violations.Google's closed at $806.85 on the Nasdaq exchange, up 1.8 percent from Friday's close, after having hit $807 during the day.That pushed the company's market valuation to $266 billion. The...

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Apple issues Java update after security breach

Following recent security breaches that led to computers at Apple and other companies being compromised, Apple has issued an update for Java on OS X to close the hole.The update went live this afternoon through Apple's Software Update service, which can be accessed from the Apple menu, and also available as a standalone update for OS X Snow Leopard or later from the following locations:According to...

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Pistorius' account of shooting, in his own words

Oscar Pistorius, the famed double amputee South African Olympian, has been charged by prosecutors with intentionally murdering his girlfriend Reeva Steenkamp in his Pretoria home. Play VideoPistorius: I thought girlfriend was a burglarHe has said it was an accident, that he mistook her for a burglar when he fired several rounds through a locked bathroom door with a 9mm pistol. When a judge ruled...

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'Celebrity Rehab' in Spotlight After McCready's Death

Dr. Drew Pinsky defended his show "Celebrity Rehab" on "The View" today, saying that he received messages of support from former participants after the death of Mindy McCready. . She was the fifth person who has appeared on the show to die in the past two years.Dr. Drew was defending his show in the face of fresh criticism from the public and recovery advocates who say the process...

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Venezuela's Maduro would win vote if Chavez goes: poll

CARACAS (Reuters) - Venezuelan Vice President Nicolas Maduro would win a presidential vote should his boss Hugo Chavez's cancer force him out, according to the first survey this year on such a scenario in the South American OPEC nation. Local pollster Hinterlaces gave Maduro 50 percent of potential votes, compared to 36 percent for opposition leader Henrique Capriles. Chavez...

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