Bank of Canada keeps “over time” condition on rate hike

OTTAWA (Reuters) – Bank of Canada Deputy Governor Tim Lane repeated on Wednesday the central bank‘s message that interest rate increases will likely be needed, but only over time.The “over time” phrase was introduced in the bank’s key guidance in its rate statement on October 23 as a way of signaling that while the next rate move is likely to be up, such...

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Stone Soup for Thanksgiving: understanding bird disease through citizen science

Windowkill. Photo: Susan Spear When somebody opens their front door to pick up the morning newspaper and sees a dead bird below their hedge, they get curious for answers. As soon as they stoop down for a closer look, an Indiana Jones adventure unfolds within the confines of their backyard. Was it poison, disease, predation, starvation, old age? Is this...

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Chevy Chase is leaving NBC’s sitcom ‘Community’

LOS ANGELES (AP) — The NBC series “Community” will finish the season without Chevy Chase.Sony Pictures Television said Wednesday that the actor is leaving the sitcom by mutual agreement with producers. His immediate departure means he won’t be included in the last episode or two of the show’s 13-episode season, which...

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Gazans clean up as truce with Israel holds

GAZA CITY, Gaza Strip (AP) — Gaza residents cleared rubble and claimed victory on Thursday, just hours after an Egyptian-brokered truce between Israel and Gaza's Hamas rulers ended the worst cross-border fighting in four years.The cease-fire announcement had set off frenzied late night street celebrations in the coastal strip, and raised hopes of a new era in relations between Israel and Hamas. The...

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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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Microsoft vs. Google trial over patents finishes up

SEATTLE (Reuters) – A Google expert witness testified on Tuesday that Microsoft will make roughly $ 94 billion in revenue through 2017 from its Xbox game console and Surface tablet that use Google‘s patented wireless technology.Michael Dansky, an expert for Google‘s Motorola Mobility unit, testified on the last day of a high stakes trial over patents...

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J.R.R. Tolkien estate sues Warner Bros. over gambling, games

LOS ANGELES (Reuters) – The estate of “The Lord of the Rings” author J.R.R. Tolkien and publisher HarperCollins have filed an $ 80 million lawsuit against Warner Bros. studios over the licensing of characters and plots in online and gambling games derived from the films.The lawsuit, which was filed in U.S. District Court in Los Angeles on Monday, alleges...

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UN says an end to AIDS in sight

LONDON (Reuters) – A United Nations report said on Tuesday that eradicating AIDS was in sight, owing to better access to drugs that can both treat and prevent the incurable human immunodeficiency virus (HIV) that causes the disease.An aim to eventually end the worldwide AIDS epidemic is not “merely visionary” but “entirely feasible”, the report said. Success...

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Tel Aviv bus blast shakes Gaza diplomacy

TEL AVIV, Israel (AP) — A bomb struck an Israeli bus near the nation's military headquarters in Tel Aviv on Wednesday, wounding 10 people and complicating major diplomatic efforts to forge a truce between Israel and Gaza's militant Hamas rulers.The attack came as U.S. Secretary of State Hillary Rodham Clinton shuttled between Jerusalem and the West Bank to help piece together a deal to end Israel's...

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Microsoft vs. Google trial over patents finishes up

SEATTLE (Reuters) – A Google expert witness testified on Tuesday that Microsoft will make roughly $ 94 billion in revenue through 2017 from its Xbox game console and Surface tablet that use Google‘s patented wireless technology.Michael Dansky, an expert for Google‘s Motorola Mobility unit, testified on the last day of a high stakes trial over patents...

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