Fitch cuts Sony, Panasonic debt ratings to “junk” status

TOKYO (Reuters) – Ratings agency Fitch downgraded the debt ratings of Japan’s Sony Corp and Panasonic Corp to “junk” status citing weakness in their consumer electronics and TV operations, further diminishing the luster of the once-great Japanese brands.The cut to below investment grade, the first by a ratings firm, comes as the floundering Japanese tech...

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How to Beat Black Friday Stress

Eva Cevallos with her eleven-month daughter, Quinn, shop at the Pre-Black Friday event at the Walmart Supercenter store in Rosemead, Calif., Nov. 21, 2012. (Image credit: ASSOCIATED PRESS)Black Friday – a day famous for long lines, scary stampedes and even pepper spray - can be stressful. But with a bit of preparation, you can get great deals without...

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U.S. troops in Afghanistan celebrate Thanksgiving

KABUL, Afghanistan (AP) — It was Army Sgt. Keith Wells' first Thanksgiving Day away from his family and despite a cornucopia of food provided for the troops, his taste buds were craving his wife's macaroni and cheese back home."My wife's a foodie — you know the Food Network, cooking shows. Everything she makes is golden," Wells of Charlotte, N.C., said Thursday at a large international military base...

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SpongeBob Christmas special goes stop-motion

LOS ANGELES (AP) — How does “It’s a SpongeBob Christmas!” squeeze even more fun out of our porous little hero and the Bikini Bottom gang? By turning the animated characters three-dimensional for their holiday special.In a tribute to classic fare such as “Rudolph the Red-Nosed Reindeer,” the “SpongeBob SquarePants” crew has been re-imagined as puppets and...

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Greek PM presses for deal on loan

ATHENS, Greece (AP) — Greece has reacted with dismay to the European Union‘s failure to agree to release vital rescue loan funds for the debt-ridden country, with the prime minister warning it was not just Greece’s future that hangs in the balance.The delay prolongs uncertainty over the future of Greece, which faces a messy default that would threaten...

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Facebook proposes to end voting on privacy issues

NEW YORK (AP) — Facebook is proposing to end its practice of letting users vote on changes to its privacy policies. The company says it will continue to let users comment on proposed updates.The world’s biggest social media company plans to announce Wednesday that its voting mechanism, which is triggered only if enough people comment on proposed changes,...

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Elmo left behind on ‘Sesame Street’ as actor exits

NEW YORK (AP) — Even on “Sesame Street,” where everything is famously A-OK, problems can arise for its residents.And that includes the Muppets. Cookie Monster grapples with an eating disorder. Oscar the Grouch gets cranky. Mr. Snuffleupagus gets the blues. But Elmo seemed immune to any of that. Since enjoying his breakout...

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Positive Outlook Helps Seniors Heal

Older patients with positive attitudes on aging may be more likely to fully recover from severe disability compared with those who can’t see the bright side of life, a new study found.A positive stereotype about aging was associated with a 44 percent greater likelihood of recovery from severe disability versus negative stereotypes, according to study author...

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Hamas and Israel agree to ceasefire: Sources

GAZA/JERUSALEM (Reuters) - Israel and Hamas agreed on Wednesday to a ceasefire brokered by Egypt on the eighth day of intensive Israeli fire on the Gaza Strip and militant rocket attacks out of the enclave, Israeli, Palestinian and Egyptian sources said. First word of the truce came from a Palestinian official who has knowledge of the negotiations in Cairo, where U.S. Secretary of State...

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Greek PM presses for deal on loan

ATHENS, Greece (AP) — Greece has reacted with dismay to the European Union‘s failure to agree to release vital rescue loan funds for the debt-ridden country, with the prime minister warning it was not just Greece’s future that hangs in the balance.The delay prolongs uncertainty over the future of Greece, which faces a messy default that would threaten...

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