TORONTO (Reuters) – Half of Canada’s primary dealers have recently pushed back forecasts for the timing of the central bank’s next interest rate hike, a Reuters poll showed on Friday after weak jobs and housing starts data suggested the economy will struggle in 2013. The economic figures released on Friday were the latest in a string of dismal indicators. Earlier reports had prompted the Bank of Canada to say on January 23 that a rate hike would be further in the future than it had once thought. …
Venezuela devalues its currency by nearly half
CARACAS, Venezuela (AP) -- Venezuela's government announced Friday that it is devaluing the country' s currency, a long-anticipated change expected to push up prices in the heavily import-reliant economy. Google's Schmidt to sell roughly 42 percent of stake
SAN FRANCISCO (Reuters) – Google Inc Executive Chairman Eric Schmidt is selling roughly 42 percent of his stake in the Internet search company over the coming year, Google announced on Friday. Schmidt will sell 3.2 million shares of Class A common stock through a stock trading plan, Google said in a filing with the U.S. Securities and Exchange Commission. The plan, which Google said would give Schmidt "individual asset diversification and liquidity," allows Schmidt to spread trades out over a period of one year to reduce the market impact. … Potential jurors shown kinky pictures as NYC officer's cannibalism conspiracy trial begins
NEW YORK, N.Y. – Potential jurors seemed surprised at a New York City police officer’s cannibalism trial Friday when a judge began by describing some sexually violent and deviant conduct they must witness before deciding whether the officer’s plans to kill and eat women were fact or fiction.
Angolan court rejects opposition complaint on sovereign fund
LISBON (Reuters) – Angola’s constitutional court on Friday rejected a claim by an opposition party that President Jose Eduardo dos Santos had overstepped his powers to create the country’s $5 billion sovereign wealth fund. Angola launched the fund last October to invest in domestic and overseas assets by funneling the country’s vast oil wealth into infrastructure, hotels and other high-growth projects. Dos Santos has been accused of avoiding public scrutiny during his 33 years in power. …
Stella! Ornery dog leads to $1M Idaho lottery win for group of Utah maintenance workers
SALT LAKE CITY – A group of blue collar University of Utah workers will split $1 million in lottery winnings thanks to a set of keys left in a truck and an ornery little dog named “Stella.”
Having stable linemates has Canadiens centre Tomas Plekanec on a roll
BROSSARD, Que. – Having regular linemates has been a relief for Tomas Plekanec.
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