Angels land slugger Hamilton in $125 million deal: report

(Reuters) - Free agent slugger Josh Hamilton has agreed to a five-year, $125 million deal to join the Los Angeles Angels, Major League Baseball's (MLB) website reported on Thursday.The five-time All-Star, who overcame drug and alcohol addictions to become one of MLB's most feared hitters, helped power the Texas Rangers to consecutive World Series appearances in 2010 and 2011.The 31-year-old hard-hitting...

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Angels land slugger Hamilton in $125 million deal

in the first inning of their MLB American League baseball game in Arlington, Texas …more (Reuters) - The Los Angeles Angels grabbed Major League Baseball's prized free agent for a second consecutive year on Thursday by signing slugger Josh Hamilton to a five-year, $125 million contract.Hamilton, a five-time All-Star who overcame drug and alcohol addictions to become one of Major League Baseball's...

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Yankees sign former rival Youkilis to one-year deal

NEW YORK (Reuters) - Former Red Sox rival Kevin Youkilis officially joined the New York Yankees on Friday when he signed a one-year contract to fill a void left by the absence of Alex Rodriguez, the American League team said.The three-time All-Star, 33, will serve as the starting third baseman with slugger Rodriguez expected to be sidelined until midseason after having surgery on his left hip.The...

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Google drops key patent claims against Microsoft

WASHINGTON (Reuters) - Google unit Motorola Mobility has asked a trade panel to drop two key patents from an infringement complaint that it filed against Microsoft, according to a filing at the International Trade Commission.The ITC has been considering accusations by Motorola Mobility, which has since been purchased by Google, that Microsoft infringed on its patented technology to make its popular...

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Pebble Smart Watch Finally Ready

It's a very good day for the Pebble smart watch. The popular watch will start shipping this month, first to people who offered financial backing online, then to anyone else who wants one.Last April, the Pebble -- a watch that pairs with an iPhone and Android phones -- was announced on Kickstarter with a flashy video and lots of cool design images of the device. Within days the start-up received over...

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Self-portraits: Holmes sticks out tongue, has gun

CENTENNIAL, Colo. (AP) — Using a cell phone, James Holmes took photos of himself the night police say he shot up a Colorado movie theater.He stuck out his tongue, smiled and posed with a Glock.Police showed the photos in court on Wednesday, along with pictures of the theater they say Holmes took a month before the attack.One photo included an exit door like the one investigators say Holmes propped...

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End-of-the-Year Checklist for Divorcing Women

Most women wait until after the holidays to move forward with their divorces --and that’s completely understandable. Many don’t want to disrupt family traditions for their children. Some welcome the distraction offered by the hustle and bustle of the season. And, of course, others want to avoid the discussions that inevitably seem to arise whenever and wherever relatives gather.Interestingly, though,...

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It's Not Too Late: Year-End Tax Moves

Once you’ve reached the last month of the tax year, your options are limited to minimize your income taxes. But there are a few things that could still be done, so don’t give up hope.For example, you could double up your real estate taxes by prepaying next year’s tax during December. Doing this with, for example, a $3,000 per year real estate tax bill could result in a reduction of tax for the year...

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New Website Takes Social Approach To Personal Finance

The Internet is a great source of information on personal finance, but often this information lacks the personal touch. The new website MyMoneyCircles.com aims to provide that personalized element by taking an interactive, social media-style approach.Though it focuses on the human element, MyMoneyCircles is anything but soft and fuzzy. The website refers to its approach as a "boot camp" for personal...

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Marlins trade away Escobar to Rays

(Reuters) - The Miami Marlins continued an off-season of cost-cutting by trading away recently acquired shortstop Yunel Escobar to the Tampa Bay Rays on Tuesday.Escobar was signed last month in a 12-player deal that sent Miami players Jose Reyes, Mark Buehrle and Josh Johnson to Toronto.However, the six-year player with a .282 career batting average has now been quickly shipped to the Rays in exchange...

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Sports fans can pursue U.S. antitrust case over programs

NEW YORK (Reuters) - A federal judge on Wednesday allowed sports fans to pursue a lawsuit accusing Major League Baseball, the National Hockey League and various networks of antitrust violations in how they package games for broadcast on television or the Internet.U.S. District Judge Shira Scheindlin in Manhattan said the subscribers could pursue claims that the packaging has reduced competition,...

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Phillies trade young pitchers to Twins for OF Revere

(Reuters) - The Philadelphia Phillies have filled a big need by landing speedy center fielder Ben Revere in a trade with the Minnesota Twins, the Major League Baseball teams said on Thursday.The Phillies sent right-handed pitcher Vance Worley and right-handed pitching prospect Trevor May to Minnesota."Ben is an outstanding, young, controllable center fielder who fits nicely with our club," Phillies...

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Low prices boost SF home sales to 5-year Jan. high

LOS ANGELES (AP) — Home sales in the San Francisco Bay area reached a five-year high for January, as prices and mortgage rates plunged, a real estate tracking firm reported Thursday.However, many of those purchases involved properties that were subject to foreclosures or short sales, indicating the housing market is far from recovered.The survey by San Diego-based DataQuick also showed the median...

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Why the Slowest Investors Win the Race

Anyone who attended kindergarten remembers Aesop's fable about the tortoise and the hare. The story's moral has implications for investors: Slow but steady wins the race.Hare investors try to sprint to the finish line of a comfortable retirement without girding their portfolios against the perils of volatility — frequent ups and downs in asset value. So they tend to lag far behind tortoise investors,...

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US rate on 30-year mortgage hits record 3.83 pct.

WASHINGTON (AP) — Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ticked down to 3.83 percent. That's the lowest since long-term mortgages began in the 1950s. And it's...

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Venezuela VP: Chavez suffers 'new complications'

CARACAS, Venezuela (AP) — Hugo Chavez has suffered "new complications" following his cancer surgery in Cuba, his vice president said Sunday, describing the Venezuelan leader's condition as delicate.Vice President Nicolas Maduro spoke with a solemn expression in a televised address from Havana, saying he had spoken with Chavez and that the president sent greetings to his homeland. Maduro did not give...

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Venezuela's official statement on Chavez's health

English translation of statement read by Vice President Nicolas Maduro in Havana on Sunday about the health of President Hugo Chavez:"The Government of the Bolivarian Republic of Venezuela fulfills its duty by informing the Venezuelan people about the course of President Hugo Chavez's medical treatment after the surgery performed in Havana, Cuba on Dec. 11."As is known, on December 28 we traveled...

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President's brother speaks out on Colombia talks

BOGOTA, Colombia (AP) — A brother of Colombian President Juan Manuel Santos has revealed that the country's largest guerrilla group had initially proposed to hold peace talks within Colombia or in neighboring Venezuela, rather than in Cuba.Enrique Santos said in an article published in the newspaper El Espectador on Sunday that the government's team had insisted that the talks not be held in Colombia."We...

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