Heart joins select class with Rock Hall induction

The journey to the Rock and Roll Hall of Fame can be a long and winding road for some acts. For Heart, it took more than a decade, and sisters Ann and Nancy Wilson admitted they were losing hope. "(The) running joke in the band was (we) would never get in," Ann said. But all that changed when the group made the class of 2013, announced this month. "Well, it just goes to show you that just when you...

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Study: Solo stars at higher death risk than bands

Rock 'n' roll will never die — but it's a hazardous occupation. An academic study published Thursday confirms that rock and pop musicians are more likely to die prematurely than the general population, and finds that solo artists are twice as likely to die young as members of bands. Researchers from Liverpool John Moores University and Britain's Health Department studied 1,489 rock, pop, punk, R&B,...

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Ugandan shilling steady, seen weaker after Christmas holiday

KAMPALA (Reuters) - The Ugandan shilling was unchanged against the dollar on Friday but traders said they expected it to weaken once more active trading resumed next year. At 1238 GMT commercial banks in Kampala quoted the currency of east Africa's third-largest economy at 2,645/2,655, unchanged from Thursday's close. "The market is pretty flat because (dollar) demand is not there but going into 2013...

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Instant View: November personal income, durable goods up

NEW YORK (Reuters) - Consumer spending rose in November by the most in three years as incomes climbed, suggesting fourth-quarter economic growth might be stronger than currently expected. The Commerce Department said on Friday inflation-adjusted consumer spending rose 0.6 percent, and after-tax income climbed 0.8 percent when adjusting for inflation. A gauge of planned U.S. business spending rose...

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US durable goods orders up 0.7 percent

WASHINGTON (AP) — U.S. companies boosted their orders in November for long-lasting manufactured goods that reflect investment plans. It was the second straight such increase, an encouraging sign for the economy. The Commerce Department said Friday that overall orders for durable goods rose a seasonally adjusted 0.7 percent in November over October. But a more closely watched category of orders that...

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Boehner says Congress, Obama must keep working on fiscal deal

WASHINGTON (Reuters) - House of Representatives Speaker John Boehner said on Friday that congressional leaders and President Barack Obama must try to move on from House Republicans' failed tax plan and work together to resolve the looming U.S. "fiscal cliff." Boehner said he was not concerned that Thursday's withdrawn vote threatened his position as speaker, but did not outline a clear path forward. Boehner...

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Canada economy ekes out 0.1 percent growth in October

OTTAWA (Reuters) - The Canadian economy grew by just 0.1 percent in October from September, indicating a very slow start to the fourth quarter amid foreign and domestic economic woes, Statistics Canada data indicated on Friday. The figure matched analysts' expectations. The Bank of Canada says fourth quarter growth will be 2.5 percent annualized but the October data confirm market suspicions the real...

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