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It Was A Good Year For...
11:01 pm
Tue December 27, 2011

IBM Sees A Big Boost As It Turns 100

Credit Sean Gallup / Getty Images
Reason To Smile: Samuel Palmisano, president and CEO of IBM, walks by an IBM logo at the CeBIT technology fair in Hanover, Germany. IBM's stock had a strong year in 2011.

In 2011, IBM's stock rose more than tech hotshots Google and Apple. IBM is 100 years old, but it has totally remade its business for the 21st century.

"There is no such thing as an IBM PC," declares IBM managing partner Adam Klaber. More than 83 percent of their business is now services and software. The NYPD hired IBM to track crime. Telecom Bharti Airtel wanted to build wireless coverage in 16 African countries, so they went to IBM.

Oh, and which supercomputer became Jeopardy champion in 2011? IBM's Watson.

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Shots - Health Blog
11:01 pm
Tue December 27, 2011

Antiviral Drugs Sparkle In The Race To End AIDS

Credit Brendan Hoffman / Getty Images
Eric Goosby, United States Global AIDS coordinator, says field testing is necessary and urgent to determine if HIV testing-and-treating services are feasible.

2011 has been a momentous year in the 30-year-old AIDS pandemic.

The big breakthrough was the discovery that antiviral drugs can prevent someone who's infected with HIV from passing the virus to others. It's nearly 100 percent effective. That led President Obama to declare earlier this month that the U.S. will expand HIV treatment in hard-hit countries by 50 percent.

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Shots - Health Blog
11:01 pm
Tue December 27, 2011

Reversal On Health Mandate Came Late For Gingrich And Romney

Credit Scott Olson / Getty Images
Former Speaker of the House Newt Gingrich and former Massachusetts Gov. Mitt Romney chat after finishing a GOP debate in Sioux City, Iowa, earlier this month.

Opposition to the administration's overhaul of health care has almost become an article of faith with every Republican running for president.

Candidates promise to repeal the law and its less-than-popular requirement for most Americans to either have health insurance or to pay a penalty starting in 2014.

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Chompsgiving To Chew Year's: Holiday Dishes
11:01 pm
Tue December 27, 2011

A Checkerboard Cake With Czech Roots

Credit Courtesy of Sasa Woodruff
A punch torte: pink-glazed sponge cake with layers soaked in rum and citrus syrup.

Part of an ongoing series on unique holiday dishes

To celebrate the new year, for as long as I can remember, my mom has baked a cake called punch torte, a tradition started in her family back in the former Czechoslovakia.

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Sweetness And Light
9:00 pm
Tue December 27, 2011

Dear NHL: Hit The Puck, Not The Players

Credit Paul Bereswill / Getty Images
Michael Haley of the New York Islanders fights Stu Bickel of the New York Rangers in the first period of an NHL game at Madison Square Garden in New York City, Dec. 26.

Ah, we still do the town on New Year's Eve, but tearing the goal posts down is now verboten. Deemed too dangerous. In fact, as our new year approaches, it's a good time to look back on several other things in sport that have long since faded away.

Who remembers, for example, that at the end of each inning in the field, baseball players would just chuck their gloves onto the grass behind their position, leaving the field littered with mitts. All game long.

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The Two-Way
5:29 pm
Tue December 27, 2011

Extent Of 'Anonymous' Hacker Attack On Security Is Detailed

Credit Sean Gallup / Getty Images
The Guy Fawkes mask has come to symbolize the group Anonymous. This mask was seen during protest in Germany.

A company that provides identity protection services is sifting through the data released by hackers over the holiday weekend and and they're detailing what hackers were able to steal from Stratfor, a security think tank.

If you haven't heard, hackers who claim an affiliation with the group Anonymous broke into the servers of Stratfor, made public some data and used some of the stolen credit card numbers to, in some cases, make charitable donations.

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It's All Politics
5:21 pm
Tue December 27, 2011

Ahead in New Hampshire, Romney Attempts To Solidify Supporters

Mitt Romney's campaign stops Tuesday in New Hampshire, at small restaurants with largely invited crowds, featured lofty patriotic themes and seemed designed to help him lock down his current base of support in the Granite State.

"America the Beautiful," the Founding Fathers, the Declaration of Independence and the Constitution were referenced by the GOP presidential contender during his last bit of stumping in New Hampshire before heading off for a three-day bus tour of Iowa, which holds its caucuses in a week.

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Economy
4:13 pm
Tue December 27, 2011

Las Vegas Housing Market Attracts Asian Investors

Credit Isaac Brekken / AP
A vacant home in Las Vegas owned by Bank of America. Nevada continues to top the nation in unemployment, foreclosures and bankruptcies.

Originally published on Tue December 27, 2011 5:31 pm

Investors from Asia are taking advantage of housing prices that have plummeted in recent years, buying foreclosures and short sales at below what it would cost to build them.

Kevin Chu's Hong-Kong investment firm owns property in Las Vegas, but he's never seen any of it. So his first visit to the U.S. is to inspect the houses in Las Vegas.

In the past 18 months, the firm he works for, The Creations Group, bought up distressed homes all over the U.S. — including 13 Las Vegas houses at fire sale prices.

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The Salt
4:06 pm
Tue December 27, 2011

For Russians, New Year's Eve Remains The Superholiday

Credit Nancy Shute / NPR
Brightly-wrapped chocolates are traditional for Russian New Year.

While for many people the frenzy of holiday cooking and feasting is subsiding, for Russians, it's just revving up.

During the Soviet era, Christmas was erased from the calendar. But its traditions were too strong to suppress; they were transplanted to New Year's.

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The Two-Way
4:02 pm
Tue December 27, 2011

U.S. Treasury: China Is Not Manipulating Its Currency

The United States Treasury has decided not to accuse China of manipulating its currency. Instead, the Obama administration acknowledged that the yuan, which is also known as the renminbi, was appreciating but not at an "insufficient" rate.

The AFP report:

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