NEW YORK

Wall Street Rally Fades After Warnings on Europe

Traders work on the floor of the New York Stock Exchange
A rally in stocks fizzled, leaving major indexes with modest gains on Friday, as Wall Street was torn between hope that U.S. economic data signals better times ahead and fear Europe's debt crisis will engulf world economies.

#D17 Promises OWS Showdown With NYPD Saturday at Duarte Square

D17
A new showdown between the NYPD and Occupy Wall Street protesters looms as the movement heads back to the private space next to Duarte Square at noon on Saturday, Dec. 17 (hence the #D17 Twitter tag), after being excommunicated from the site last month by its owner, Trinity Church.
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Italy's PM Monti speaks during a news conference in Rome

Italy's Monti Wins Confidence Vote on Austerity Bill

Italy's Prime Minister Mario Monti won a confidence vote in the Lower House on Friday to speed the passage of a 30 billion euro ($39 billion) austerity package aimed at speeding up the implementation of urgent measures that would stimulate growth in Italy's economy.
Bicycle

Bicylist Stabbed During Argument

Police officials are investigating a fight between two bicyclists that left one of them in the hospital with multiple stab wounds.
Verizon Wireless

Verizon Wireless to Purchase Spectrum Licenses From Cox

Cox Communications announced Friday it has entered into an agreement to sell its Advanced Wireless Service spectrum licenses to Verizon Wireless for $315 million. In addition, the two companies will also have the opportunity to sell each other's products and services through respective company sales channels.
Janet Robinson Quits New York Times

Janet Robinson Quits: Why Is New York Times CEO Stepping Down?

The first woman to head NYT and a pioneer of digital media, Robinson's abrupt departure as head of The Times Co. has left analysts and insiders baffled, with many speculating that plummeting stocks pressured the CEO, the first woman to head NYT, to quit and others wondering who will replace Robinson after her unexplained exit.
Rovio Chief Executive Mikael Hed stands in front of an Angry Birds poster at his company's offices in Helsinki

'Angry Birds' Maker Eyes Hong Kong IPO

The company which created Angry Birds, the world's most popular computer game, is considering a stock market flotation in Hong Kong, joining the many foreign firms who have gone public there.
To match Interview MOBILE-GAMING/ANGRYBIRDS

Angry Birds maker eyes Hong Kong IPO

The company which created Angry Birds, the world's most popular computer game, is considering a stock market flotation in Hong Kong, joining the many foreign firms who have gone public there.
IBTimes Logo

New York Times CEO Abruptly Quits

Janet Robinson will step down as chief executive of the New York Times Co. at the end of the month, as the company continues to struggle with advertising declines and a years-long slump in its share price.
Rovio Chief Executive Mikael Hed stands in front of an Angry Birds poster at his company's offices in Helsinki

Angry Birds Maker Eyes 2013 Hong Kong IPO: Report

Finnish gaming firm Rovio, creator of Angry Birds, the world's most popular computer game, is planning an initial public offering on the Hong Kong stock exchange in 2013, Finnish weekly Tekniikka&Talous reported on Friday.

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