Cannibalization concerns ‘overblown’ as half of iPad mini sales go to new buyers

It has been widely reported that Apple’s (AAPL) iPad mini is cannibalizing sales of the company’s full-sized iPad. According to a new survey, however, nearly half of all recent iPad mini buyers are new to the platform, AppleInsider reported. The data comes from Katy Huberty of Morgan Stanley, who said that while the smaller tablet is clearly cannibalizing some sales of the larger iPad, concerns...

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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" boost market; financials lead

NEW YORK (Reuters) - The S&P 500 ended at its highest level in almost two months 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...

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Bangladesh Garment Factory Fire Caused by Gross Negligence

Andrew Biraj/ReutersThe owner of the Tazreens Fashions factory and midlevel managers prevented employees from leaving their sewing machines even after a fire alarm sounded, according to government inquiry. More Photos »DHAKA, Bangladesh — Criminal charges for “unpardonable negligence” should be brought against the owner of the Bangladesh garment factory where a fire killed 112 people last month,...

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Art for Wealth’s Sake: Art Basel Paints a Picture of Miami’s Separate and Unequal Worlds

It’s 10 p.m. on a Friday night. A naked girl is splashing about in the swimming pool at the Standard Hotel Miami. She is from New York and runs a nonprofit for homeless teens. We’ll call her Liz: “You’re so boring!” she yells from the middle of the pool.It was a common refrain here during Art Basel Miami Beach—now the world’s largest contemporary art fair—where many of earth’s most privileged humans...

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Which Les Misérables Star Did You Pick as Best Dressed This Week?

Stylewatch Style News Now 12/15/2012 at 12:00 PM ET FameFlynetHer costar Anne Hathaway had everyone talking this week, but Amanda Seyfried seemingly earned the last word: 16,000 of you voted her gorgeous gown the number-one dress...

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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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Syrian Airstrike Kills Palestinian Refugees

DAMASCUS, Syria — Syrian government forces for the first time hit the country’s largest Palestinian refugee neighborhood with airstrikes on Sunday, killing at least eight people in the Yarmouk district of Damascus and reportedly driving dozens of formerly pro-government Palestinian fighters to defect to the rebels. New signs emerged on Sunday of political pressure on President Bashar al-Assad....

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