Netflix suffers Christmas Eve outage, points to Amazon

An outage at one of Amazon's web service centers hit users of Netflix Inc.'s streaming video service on Christmas Eve and was not fully resolved until Christmas day, a spokesman for the movie rental company said on Tuesday.The outage impacted Netflix subscribers across Canada, Latin America and the United States, and affected various devices that enable users to stream movies and television shows...

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Japan's policy veteran Motegi likely to serve as trade minister: media

 Incoming Japan Prime Minister Shinzo Abe is likely to pick policy veteran Toshimitsu Motegi as trade minister, who will also take charge of energy and other key economic policies, media reported on Tuesday.Motegi, 57, a former policy affairs chief for the Liberal Democratic Party (LDP), will tackle energy problems after last year's Fukushima nuclear crisis, as well as issues such as the U.S.-led...

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Japan new PM Abe wants to correct strong yen trend

 Japan's incoming Prime Minister Shinzo Abe reiterated on Tuesday a pledge to revive the economy by correcting the recent trend towards a stronger yen.Abe is set to be selected as prime minister by lawmakers on Wednesday after leading his Liberal Democratic Party (LDP) to a landslide victory in a lower house election earlier this month.Abe, who spoke after naming a new leadership team for the...

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Japan's incoming PM keeps up pressure on BOJ to attack deflation

- Incoming Japanese Prime Minister Shinzo Abe kept up his calls on Tuesday for the Bank of Japan to drastically ease monetary policy by setting an inflation target of 2 percent, and repeated that he wants to tame the strong yen to help revive the economy.Abe, a security hardliner who will be sworn in as premier on Wednesday, when he is also expected to appoint his cabinet, is prescribing a mix of...

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Egypt says stability key to fixing economy: PM

 Egyptian Prime Minister Hisham Kandil said on Tuesday that political stability was crucial to luring back foreign investors and tourists to help plug a yawning budget deficit and heal the country's ailing economy.In a statement hours before the expected announcement of the result of a divisive constitutional referendum, Kandil said President Mohamed Mursi's government was committed to taking...

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Egyptians fret over economy after rancorous vote on constitutiontougher fight in the parliamentary election.

Egyptians fret over economy after rancorous vote on constitutionEgypt prepared to announce on Tuesday the result of a vote on a new constitution that Islamist President Mohamed Mursi hails as a step toward stability in a country beset by political and economic crisis. But critics say that by ramming through the basic law, Mursi has angered his liberal, leftist and Christian opponents, and may have...

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Colts recovering coach returns to team facility

 Chuck Pagano was back at work Monday morning.Three months after taking an indefinite leave to battle leukemia, the Colts' coach was scheduled to meet with players, coaches and reporters as he retook the reins from interim coach Bruce Arians.When Pagano arrived at the team headquarters, he drove past an inflatable Colts player to the side of the driveway with a simple message across the chest...

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