Intel CEO Otellini expects insider to replace him

SAN FRANCISCO (Reuters) – Intel‘s outgoing chief executive, Paul Otellini, said he expected to be replaced by a company insider and also signaled that the top chipmaker could open its factories to strategic customers.Otellini’s comments at a Sanford Bernstein investor conference on Wednesday stoked speculation the top chipmaker may manufacture mobile chips for Apple and pushed Intel’s shares higher...

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Death toll from Philippine typhoon nears 300

NEW BATAAN, Philippines (AP) — Stunned parents searching for missing children examined a row of mud-stained bodies covered with banana leaves while survivors dried their soaked belongings on roadsides Wednesday, a day after a powerful typhoon killed nearly 300 people in the southern Philippines.Officials fear more bodies may be found as rescuers reach hard-hit areas that were isolated by landslides,...

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25 top-rated Facebook games from 2012

Games can be both a welcome and an annoying diversion on Facebook, the world’s most popular online social network. This year, Facebook crossed a big milestone — reaching 1 billion active users. Game companies such as “FarmVille” creator Zynga Inc. and Rovio Entertainment Ltd. of “Angry Birds” fame seek to tap into that vast base of users to gain more players for their games.This week, Facebook Inc....

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Kathie Lee Gifford’s “Scandalous” musical to close after three weeks

LOS ANGELES (TheWrap.com) – So much for Kathie Lee Gifford‘s career as a playwright. The former “Live!” co-host’s Broadway musical “Scandalous: The Life and Times of Aimee Semple McPherson,” is shuttering a little after three weeks after it opened.The musical, which opened November 15, will have its final performance December 9 at the Neil Simon Theatre in New York.Gifford wrote the book and lyrics...

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Asthma symptoms may vary during menstrual cycle

NEW YORK (Reuters Health) – Some women may have more or fewer asthma symptoms, such as coughing and wheezing, depending on their time of the month, a new study suggests.Researchers said spikes and dips in estrogen and other hormones likely affect the lungs and other physiological responses involved in breathing. However, it’s still unclear whether the findings could improve doctors’ treatment of women...

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TSX ends higher as CP Rail gains on cost-cutting

TORONTO (Reuters) – Canadian stocks ended higher on Wednesday as optimism about Chinese economic growth boosted energy stocks and investors cheered a cost-cutting plan at Canadian Pacific Railway Ltd .The Toronto Stock Exchange‘s S&P/TSX composite index <.gsptse> closed up 20.11 points, or 0.17 percent, at 12,157.29.</.gsptse>(Reporting by Alastair Sharp)Economy News Headlines – Yahoo!...

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WestJet embraces tech to woo business travelers

TORONTO (Reuters) – WestJet Airlines Ltd will use technological innovation, including a new Internet ticket booking system, to help it transform from a no-frills carrier to a lower-cost full-service airline courting lucrative corporate travelers, its chief executive said on Monday.Canada’s second-biggest airline plans to launch a series of technology systems, most notably the new online booking engine,...

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Disney, Netflix sign exclusive TV distribution deal

(Reuters) – Walt Disney Co agreed to give Netflix exclusive TV distribution rights to its movies, becoming the first major studio to stream its movies to TV viewers via Netflix instead of distributing them to HBO, Showtime or other premium TV channels.The agreement begins in 2016, after Disney‘s current deal with Liberty Media’s pay-TV channel Starz expires.The deal gives Netflix streaming rights...

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Baxter to buy Sweden’s Gambro for $4 billion

(Reuters) – Baxter International Inc said on Tuesday that it would buy privately held Swedish kidney dialysis product company Gambro AB for about $ 4 billion, a tie up that would put it in the No. 2 position in the dialysis market.Baxter, whose shares were down more than 1 percent in afternoon trading, will finance the acquisition with debt and cash. The deal, which is expected to close in the first...

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American Air passenger service agents vote on unionizing

(Reuters) – American Airlines passenger service agents, the only major employee group at the carrier not unionized, began voting Tuesday on whether to be represented by the Communications Workers of America (CWA) union.About 9,700 airport agents and reservations representatives are eligible to cast ballots in a vote being conducted by the National Mediation Board (NMB), said Chuck Porcari, a CWA spokesman....

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