“Fiscal cliff” crisis heads to resolution in Congress

WASHINGTON (Reuters) – A months-long battle over the U.S. “fiscal cliff” headed to a close on Tuesday as the House of Representatives moved toward final approval of a bipartisan deal meant to prevent Washington from pushing the world’s biggest economy into recession.The Republican-controlled House was expected to back a tax hike on the top U.S. earners shortly before midnight on Tuesday, ending weeks...

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House passes fiscal cliff deal

House Majority Leader Eric Cantor, R-Va., left, with Speaker of the House John Boehner, R-Ohio, head into a closed-door …Updated 11:38 pm ETThe House of Representatives late Tuesday easily approved emergency bipartisan legislation sparing all but a sliver of America’s richest from sharp income tax hikes -- while setting up another “fiscal cliff” confrontation in a matter of weeks.Lawmakers voted...

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Pope marks end of difficult year, notes God’s good

VATICAN CITY (AP) — Pope Benedict XVI marked the end of a difficult year Monday by saying that despite all the death and injustice in the world, goodness prevails.Benedict celebrated New Year’s Eve with a vespers service in St. Peter’s Basilica to give thanks for 2012 and look ahead to 2013. He appeared tired during the service and used a cane afterward — an indication that the busy Christmas season...

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Hollywood tops Chinese film market in 2012, first time in four years

SHANGHAI (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,...

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FDA new drug approvals hit 16-year high in 2012

LONDON/NEW YORK (Reuters) – U.S. regulators approved 39 new drugs in 2012, the most in 16 years, suggesting that pharmaceutical makers are poised for growth after losing billions of dollars in recent years to generic drug makers because of patent expirations.There were eight approvals in December alone, including a new treatment from Johnson & Johnson called Sirturo for drug-resistant tuberculosis...

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Tentative ‘fiscal cliff’ deal reached in Senate

President Barack Obama discusses the negotiations with Capitol Hill on the looming fiscal cliff in front of middle …With 2013 barely hours old, the U.S. Senate voted Tuesday on an 11th-hour deal to avert income tax hikes on all but the richest Americans and stall painful spending cuts as part of a compromise to avoid the economically toxic "fiscal cliff."But after months of squabbling in the...

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Pakistan militants kill 41 in mass execution, attack on Shi’ites

PESHWAR, Pakistan (Reuters) – Pakistani militants, who have escalated attacks in recent weeks, killed at least 41 people in two separate incidents, officials said on Sunday, challenging assertions that military offensives have broken the back of hardline Islamist groups.The United States has long pressured nuclear-armed ally Pakistan to crack down harder on both homegrown militants groups such as...

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UK “X Factor” winner regains top chart spot

LONDON (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”,...

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Pediatricians say kids need recess during school

NEW YORK (Reuters Health) – A group of American pediatricians is telling school districts that children need recess and free time during the school day, and it should not even be taken away as punishment.“We consider it essentially the child’s personal time and don’t feel it should be taken away for academic or punitive reasons,” said Dr. Robert Murray, who co-authored the new policy statement for...

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Clinton admitted to hospital with blood clot

(REUTERS/Gary Cameron) U.S. Secretary of State Hillary Clinton delivers remarks at the State Department in Washington …Secretary of State Hillary Rodham Clinton has been admitted to a New York hospital for treatment of a blood clot, her spokesman said Sunday.State Department Spokesman Philippe Reines said Clinton had entered the hospital following a medical examination for a concussion she sustained...

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