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Nokia unveils metallic smartphone, stock tumbles

Submitted by Fox First at Ten on May 14th

HELSINKI (AP) - Nokia Corp. has unveiled its first Lumia smartphone with a metal cover, low-light camera features and new social network apps. But the new model failed to impress markets, sending the company's stock down. Nokia says the features on the Lumia 925 will be soon available in the

Stocks rise further as optimism prevails

Submitted by Fox First at Ten on May 14th

By PAN PYLASAP Business Writer LONDON (AP) - Stocks pushed higher Tuesday as investors remained optimistic that economic growth is picking up, but not so much that the U.S. Federal Reserve will start to wind down its stimulus program imminently. Over the past few weeks, investors have been picked

Project aims to track big city carbon footprints

Submitted by Fox First at Ten on May 13th

By ALICIA CHANGAP Science Writer LOS ANGELES (AP) - Every time Los Angeles exhales, odd-looking gadgets anchored in the mountains above the city trace the invisible puffs of carbon dioxide, methane and other greenhouse gases that waft skyward. Halfway around the globe, similar contraptions atop the

Oil falls to near $95 as dollar strengthens

Submitted by Fox First at Ten on May 13th

By The Associated Press The price of oil fell to near $95 a barrel on Monday, as the dollar continued to strengthen against the yen and other major currencies. Benchmark oil for June delivery fell 87 cents to finish at $95.17 a barrel on the New York Mercantile Exchange. The stronger dollar is

Critics lukewarm on US plans in Arctic

Submitted by Fox First at Ten on May 13th

By LARA JAKESAP National Security Writer WASHINGTON (AP) - A new U.S. strategy for the Arctic region has gotten a lukewarm response from a think tank that says the plan amounts to a "lengthy wish list" with few specifics. The tepid feedback from the Washington-based Arctic Institute comes as U.S.

Stocks mixed as retail sales unexpectedly rise

Submitted by Fox First at Ten on May 13th

By STEVE ROTHWELLMarkets Writer NEW YORK (AP) - A record-breaking rally in stocks stalled Monday as investors assessed whether stock valuations were overstating the improvement in the economy. The latest positive data, out Monday, showed that Americans increased spending at retailers last month.

2 new diseases could both spark global outbreaks

Submitted by Fox First at Ten on May 13th

By MARIA CHENGAP Medical Writer LONDON (AP) - Two respiratory viruses in different parts of the world have captured the attention of global health officials - a novel coronavirus in the Middle East and a new bird flu spreading in China. Last week, the coronavirus related to SARS spread to France,

Spies caught in website scandal embarrass SKorea

Submitted by Fox First at Ten on May 13th

By HYUNG-JIN KIMAssociated Press SEOUL, South Korea (AP) - The scandal shaking up South Korea's main spy agency is not cloak-and-dagger stuff, but the kind of low-grade trickery anyone with an Internet connection could pull off. And the target was not Seoul's opaque rival to the north, but

Taiwan short of volunteers for the military

Submitted by Fox First at Ten on May 13th

By PETER ENAVAssociated Press TAIPEI, Taiwan (AP) - A Taiwanese plan to end mandatory military service and shift to an all-volunteer force is running into a problem: Not enough volunteers. Such forces are generally considered superior to conscripted ones, because those serving want to be there.

AP IMPACT: Cars made in Brazil are deadly

Submitted by Fox First at Ten on May 13th

By BRADLEY BROOKSAssociated Press SAO PAULO (AP) - The cars roll endlessly off the local assembly lines of the industry's biggest automakers, more than 10,000 a day, into the eager hands of Brazil's new middle class. The shiny new Fords, Fiats, and Chevrolets tell the tale of an economy in