(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...
Jan
07
Low prices boost SF home sales to 5-year Jan. high
Labels: Business
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...
Why the Slowest Investors Win the Race
Labels: Business
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,...
US rate on 30-year mortgage hits record 3.83 pct.
Labels: Business
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...
Jan
06
Venezuela VP: Chavez suffers 'new complications'
Labels: WorldCARACAS, 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...
Venezuela's official statement on Chavez's health
Labels: WorldEnglish 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...
President's brother speaks out on Colombia talks
Labels: WorldBOGOTA, 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...
Jan
05
HIV cases decline for black women, increase for gay men: CDC
Labels: Health
Fewer black women in the United States are being infected with HIV, but the number of young gay and bisexual men infected is rising, the Centers for Disease Control and Prevention said on Wednesday.Between 2008 and 2010, the number of newly infected black women dropped 21 percent, according to the CDC report. Yet despite the decline, they still accounted for 70 percent of all new HIV cases among...
Ky. court upholds decision in penis removal case
Labels: Health
A Kentucky man lost his bid Friday to force a doctor to pay damages for removing a cancer-riddled section of his penis during what was scheduled to be a simple circumcision.The Kentucky Court of Appeals found that a jury correctly concluded that 66-year-old Phillip Seaton of Waddy consented to allow Dr. John Patterson to perform any procedure deemed necessary during the Oct. 19, 2007, surgery.Patterson,...
Judge orders end to HIV prison segregation in Alabama
Labels: Health
Judge orders end to HIV prison segregation in AlabamaBIRMINGHAM, Alabama (Reuters) - A U.S. federal judge ruled on Friday to end the segregation of prisoners with HIV in Alabama, agreeing that it violates the Americans with Disabilities Act (ADA)."It is evident that, while the ... segregation policy has been an unnecessary tool for preventing the transmission of HIV, it has been an effective one...
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