Massachusetts fines Morgan Stanley over Facebook research

BOSTON (Reuters) – Morgan Stanley, the lead underwriter for Facebook Inc’s initial public offering, will pay a $ 5 million fine to Massachusetts to settle charges that its bankers improperly influenced its research analysts when the Internet company went public.Massachusetts’ top securities regulator, William Galvin, charged that Morgan Stanley improperly helped Facebook disclose sensitive financial...

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Connecticut Shooting: First Funerals Are Held for Noah Pozner and Jack Pinto

By Dahvi Shira 12/17/2012 at 03:20 PM EST Noah Pozner (left) and Jack Pinto AP; Landov Friends and family said goodbye on Monday to two of the 27 victims of the massacre at Sandy Hook Elementary school in Newtown, Conn.Noah Pozner and Jack Pinto, both 6, were the first laid to rest. "Today...

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Experts: No link between Asperger's, violence

NEW YORK (AP) — While an official has said that the 20-year-old gunman in the Connecticut school shooting had Asperger's syndrome, experts say there is no connection between the disorder and violence.Asperger's is a mild form of autism often characterized by social awkwardness."There really is no clear association between Asperger's and violent behavior," said psychologist Elizabeth Laugeson, an assistant...

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Optimism about "cliff," financial shares lift market

NEW YORK (Reuters) - U.S. stocks climbed on Monday on rising hopes that negotiations over the "fiscal cliff" were making progress and that a deal could be reached in days. After weeks of stalemate, President Barack Obama and Republican House Speaker John Boehner met at the White House on Monday, raising hopes that Washington will be able to head off steep tax hikes and spending cuts that...

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Bangladesh Factory Fire Caused by Gross Negligence

DHAKA, Bangladesh — Criminal charges for “unpardonable negligence” should be brought against the owner of the Bangladeshi garment factory where a fire last month killed 112 people, according to a preliminary report from a government inquiry submitted Monday. “The owner of the factory cannot be indemnified from the death of large numbers of workers from this fire,” Main Uddin Khandaker, the...

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Viral Justice: Domestic Abuse Victim Calls Out Attacker on Facebook

Amber Taylor had been living in a Missouri motel with her boyfriend, Austin “Wildboi” McCauley, until this week, when he reportedly beat her unconscious with a baseball bat.Two days later, the 23-year-old took a picture of herself recovering from her injuries and posted it to McCauley’s public Facebook page, calling him out for his abuse and prompting his arrest. Since its...

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Samaire Armstrong Welcomes a Son

Mom & Babies Celebrity Baby Blog 12/16/2012 at 03:30 PM ET Jason Merritt/GettySamaire Armstrong is a mom!The Mentalist star, 32, recently welcomed her first child, she announced via Facebook on Sunday.“Thank you sooo much for all the love!! Will post pictures after a little rest,” Armstrong writes.“We’re...

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Experts: No link between Asperger's, violence

NEW YORK (AP) — While an official has said that the 20-year-old gunman in the Connecticut school shooting had Asperger's syndrome, experts say there is no connection between the disorder and violence.Asperger's is a mild form of autism often characterized by social awkwardness."There really is no clear association between Asperger's and violent behavior," said psychologist Elizabeth Laugeson, an assistant...

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Wall Street Week Ahead: Holiday "on standby" as clock ticks on cliff

NEW YORK (Reuters) - The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff." Last-minute negotiations in Washington on the so-called fiscal cliff - nearly $600 billion of tax increases and spending cuts set to take effect in January that could cause a sharp slowdown...

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In Europe, a Push for Higher Phone Fees

BERLIN — When the authorities have tinkered with European telecommunications rules, it has usually been to lower prices for consumers, whether through retail price controls on mobile roaming fees or mandatory cuts in regulated interconnection charges. But this year, to encourage more investment in high-speed broadband networks, regulators are considering helping the biggest operators...

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