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Lilly projects sharp drop in 2012 profit

Eli Lilly & Co forecast a steeper-than-expected decline in profit for 2012, the first full year without exclusive rights to its big-selling Zyprexa schizophrenia treatment.

Safe Haven Appeal of Gold Re-emerges

Iranian naval vessel
Gold was on course for a fifth straight session of gains on Thursday as growing anxiety on Iran boosted its safe-haven appeal and rising seasonal demand in China buoyed sentiment.
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Exclusive: KPMG plans timely return of MF Global assets

MF Global UK administrator KPMG plans to start returning to clients the $1.2 billion of cash and assets frozen at the defunct broker as early as this month in a move that will placate customers ahead of their showdown with KPMG next week.
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A flyer advertising holiday job listings is seen at the North Metro Department of Labor Career Center in Atlanta

Private hiring surges, jobless claims dip

Private-sector hiring surged in December as employers added 325,000 new workers while claims for jobless benefits fell, raising hope that recent labor market improvement would continue in 2012.
Tata Nano

Nano Failed to Grab Early Opportunity: Ratan Tata

The Nano is not a flop, its creator Ratan Tata said on Thursday, but he acknowledged that his Tata Motors failed to capitalise on the early excitement surrounding the launch of the world's cheapest car.
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Jobless claims fall 15,000 last week

New claims for unemployment benefits fell by 15,000 last week in the latest sign the labor market was improving and could help the country resist the effects of a likely euro zone recession.
A flyer advertising holiday job listings is seen at the North Metro Department of Labor Career Center in Atlanta

U.S. Jobless Claims Fall 15,000 to 372,000

New claims for unemployment benefits fell by 15,000 last week in the latest sign the labor market was improving and could help the country resist the effects of a likely Eurozone recession.
The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York

Exclusive: KPMG plans return of MF Global assets

MF Global UK administrator KPMG plans to start returning to clients the $1.2 billion of cash and assets frozen at the defunct broker as early as this month in a move that will placate customers ahead of their showdown with KPMG next week.
Rep. Bob Morris Accuses Girl Scouts of Promoting Homosexuality

New Girl Scout Cookie: What's Your Favorite Flavor?

Girl Scout cookie date more than 80 years back, and have been a vital part of the organization. This year the Girl Scouts are launching the new Savannah Smiles flavor, to join 10 others on the annual sale roster.
Rep. Bob Morris Accuses Girl Scouts of Promoting Homosexuality

New Girl Scout Cookie 2012: Savannah Smiles Debuts

The bite-size cookie will come with a dusting of confectioner's sugar and the taste of a lemony twist. The Girl Scouts describe the new cookie like this: Celebrate the anniversary of the Girl Scouts with these bite-sized, lemon-wedge cookies dusted in powdered sugar and bursting with lemon flavor. Enjoy these delightful treats, remember where Girl Scouts began...and smile.
Iran Ramps Up Gulf Tension, Global Economies on Alert

Oil Price Hovers Near $103; EU Agrees to Iran Embargo

The price of oil has been rising due to mounting tensions between Iran and the United States and other western countries. On Wednesday the pressure on Iran continued to ratchet up, as European Union governments agreed on to ban imports of Iranian oil.
China Scores Aussie Govt for Blocking Huawei’s NBN Bid

U.S. Lawmakers Ask for Investigation Into Huawei’s Business with Iran

In a letter to the U.S. Department of State, six lawmakers, including five Republicans and a Democrat, stated the government should investigate whether Huawei - the world's second largest telecommunications equipment maker - had violated the law by providing sensitive technology to the Iranian government.
Christine Gregoire, Washington (Democrat)

Washington Governor Supports Gay Rights: Will Introduce Bill to Legalize Same-Sex Marriages

The Washington Governor Chris Gregoire supports same-sex marriages and wants to legalize it. The 64-year-old democrat announced that she believes in equality and would introduce a bill to legalize same-sex marriages in Washington. It's time, it's the right thing to do, and I will introduce a bill to do it, Gregoire said in a statement posted on her Web site. I say that as a wife, a mother, a student of the law, and above all as a Washingtonian with a lifelong commitment to equa...
DASH Diet: 5 Reasons Why It Wins Best Diet Title of 2012

DASH: 5 Reasons Why it Wins Title of Best Diet 2012

Dietary Approaches to Stop Hypertension (DASH) has been announced the winner of the Best Diet Plan of 2012 by the U.S. News and World Report. The list this year also included the easiest diets to follow and other popular diets in various categories. Check out 5 crucial reasons why DASH is a top-ranked diet...

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