TwitPic snared by Google's malware detector



Google tags TwitPic as malware host.



(Credit:
Screenshot by Steven Musil/CNET)



Google's Web site malware checker identified TwitPic as a security threat today, a classification that has the popular photo site baffled.


Instead of the usual archiving and sharing tools they are used to, users attempting to visit TwitPic today are being greeted by a message informing them that the site has been blocked because "visiting it now is very likely to infect your computer with malware."


TwitPic denied on Twitter that it was a malware threat and said it was trying to contact Google to resolve the issue:



The Web giant's Safe Browsing API is designed to protect its users from malware and other attacks. Google said in June that it finds about 9,500 new malicious Web sites each day, either innocent ones that have been compromised by hackers or sites built specifically to distribute malware or for phishing. It also said it sends several million warnings every day to users of Chrome,
Firefox, and
Safari about malware and phishing on sites the users are about to visit.

CNET has contacted Google for comment on the action and will update this report when we learn more.

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How to Banish That New Year's Eve Hangover


For those of us who enjoy the occasional cocktail, the holiday season would be incomplete without certain treats of the liquid variety. Some look forward to the creamy charms of rum-laced eggnog; others anticipate cupfuls of high-octane punch or mugs of warm, spiced wine.

No matter what's in your glass, raising one as the year winds down is tradition. What could be more festive? The problem is, one drink leads to two, then the party gets going and a third is generously poured. Soon, the music fades and the morning arrives—and with it, the dreaded hangover. (Explore a human-body interactive.)

Whether it's a pounding headache, a queasy stomach, sweating, or just general misery, the damage has been done. So now it's time to remedy the situation. What's the quickest way to banish the pain? It depends who you ask.

Doctors typically recommend water for hydration and ibuprofen to reduce inflammation. Taking B vitamins is also good, according to anesthesiologist Jason Burke, because they help the body metabolize alcohol and produce energy.

Burke should know a thing or two about veisalgia, the medical term for hangover. At his Las Vegas clinic Hangover Heaven, Burke treats thousands of people suffering from the effects of drinking to excess with hydrating fluids and medications approved by the U.S. Food and Drug Administration.

"No two hangovers are the same," he said, adding that the unfavorable condition costs society billions of dollars-mostly from lost productivity and people taking sick days from work.

Hot Peppers for Hangovers?

So what's the advice from the nonmedical community? Suggestions range from greasy breakfasts to vanilla milkshakes to spending time in a steamy sauna. A friend insists hot peppers are the only way to combat a hangover's wrath. Another swears by the palliative effects of a bloody mary. In fact, many people just have another drink, following the old "hair of the dog that bit you" strategy.

Whether such "cures" actually get rid of a hangover is debatable, but one thing's for sure: the sorry state is universal. The only people immune to hangovers are the ones who avoid alcohol altogether.

So for those who do indulge, even if it's just once in awhile, see our interactive featuring cures from around the world (also above). As New Year's Eve looms with its attendant excuse to imbibe, perhaps it would be wise to stock your refrigerator with one of these antidotes. Pickled herring, anyone?


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Cliffhanger: 'Major Setback' For Budget Talks













With less than two days remaining for Congress to reach a budget agreement that would avoid the so-called "fiscal cliff," a senior White House official tells ABC News that President Obama is still "modestly optimistic" that a deal can be struck to prevent middle class taxes from increasing on New Year's Day.


Vice President Biden has now re-emerged as a key player, back in Washington and playing "a direct role" in trying to make a deal with Senate Republicans. Biden has been tapped because of his long-standing relationship with Senate Republican Leader Mitch McConnell.


A Democratic source says that McConnell seems to be genuinely interested in getting an agreement. The news dovetails with reports that the GOP has backed off a key Social Security measure that had stalled negotiations.


According to sources, the row was sparked when the GOP offered a proposal that included a new method of calculating entitlement benefits with inflation. Called the "chained consumer price index," or Chained CPI, the strategy has been criticized by some Democrats because it would lower cost of living increases for Social Security recipients.


"We thought it was mutually understood that it was off the table for a scaled-back deal," a Democratic aide said. "It's basically a poison pill."


President Obama has floated chained CPI in the past as part of a grand bargain, despite opposition from the AARP and within his own party.


Also in the Republican plan brought today: An extension of the current estate tax and no increase in the debt ceiling. Higher income earners would see their taxes increase, but at levels "well above $250,000," the sources said.






J. Scott Applewhite/AP Photo











Sens. Charles Schumer and Jon Kyl on 'This Week' Watch Video











Fiscal Cliff Negotiations: Could Economy Slip Back into Recession? Watch Video





That "major setback" in the talks was evident on the floor of the Senate this afternoon.


"I'm concerned about the lack of urgency here, I think we all know we are running out of time," Senate Minority Leader Mitch McConnell, R-Ky., said, "I want everyone to know I am willing to get this done, but I need a dance partner."


McConnell said he submitted the Republican's latest offer to Majority Leader Harry Reid, D-Nev., at 7:10 pm last night and was willing to work through the night. Reid promised to get back to him at 10 this morning, but has yet to do so.


Why have the Democrats not come up with a counteroffer? Reid admitted it himself moments later.


"At this stage we're not able to make a counteroffer," Reid said noting that he's had numerous conversations with Obama, but the two parties are still far apart on some big issues, "I don't have a counteroffer to make. Perhaps as the day wears on I will be able to."


McConnell said he believes there is no major issue that is the sticking point but rather, "the sticking point appears to be a willingness, an interest, or frankly the courage to close the deal."


Reid said the fiscal cliff negotiations are getting "real close" to falling apart completely.


"At some point in the negotiating process, it appears that there are things that stop us from moving forward," he said. "I hope we're not there but we're getting real close and that's why I still hold out hope that we can get something done. But I'm not overly optimistic but I am cautiously optimistic that we can get something done."


Reid said there are serious difference between the two sides, starting with Social Security. He said Democrats are not willing to cut Social Security benefits as part of a smaller, short-term agreement, as was proposed in the latest Republican proposal.


"We're not going to have any Social Security cuts. At this stage it just doesn't seem appropriate," he said. "We're open to discussion about entitlement reforms, but we're going to have to take a different direction. The present status will not work."


Reid said that even 36 hours before the country could go over the cliff, he remains "hopeful" but "realistic," about the prospects of reaching an agreement.


"The other side is intentionally demanding concessions they know we are not willing to make," he said.






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Today on New Scientist: 28 December 2012







Best videos of 2012: Rare view of Challenger tragedy

Watch a rare amateur video of the Challenger explosion, our most-viewed video of the year



Strong jet stream super-charged US Christmas storms

Record snowfall and dozens of tornadoes snarled holiday travel as a powerful winter storm plowed across much of the US, while rainstorms battered the UK



2012 review: The year in life science

The year's biggest stories in life science, including James Cameron's descent into the Mariana trench and efforts to break into Antarctica's buried lakes



Superstorm lessons for adapting to climate change

As the post-Sandy rebuild gets under way, coastal cities around the world will be watching



Best videos of 2012: First MRI movie of childbirth

Watch a unique view of a baby's birth, at number 2 in our countdown of the year's top science videos



Fleadom or death: Reviving the glorious flea circus

The parasite-based sideshows were almost done for by the domestic vacuum cleaner - but they are bouncing back, finds Graham Lawton



Approval for gene-modified salmon spawns controversy

Apparently months late, US regulators have declared genetically engineered fish safe to farm and eat, but final approval could be some way off



Best videos of 2012: New aircraft flies inside out

Watch a novel flying machine use a unique mechanism to propel itself, at number 3 in our countdown of the top videos of the year



2012 review: The year in technology

The year's biggest stories in technology, including Kinect devices that may spot signs of autism and controlling a robot by the power of thought



Superdoodles: The science of scribbling

Far from being a distraction, doodling has an important purpose - and you can harness it



2013 Smart Guide: Wave goodbye to the mouse

The Leap, a 3D motion control device set to launch next year, will let you control your computer with touch-free hand and finger movements





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'Cliff' pessimism delivers US stocks another loss






NEW YORK: US stocks sank for a fifth straight day Friday, showing more doubts that politicians will be able to agree a deal to fix the fiscal cliff with only days before the year-end deadline.

Shares were cautiously lower for most of the day after President Barack Obama returned from his vacation early to try to broker a deal with Democrat and Republican congressional leaders in the White House.

But without any positive signs late in the day and the weekend looming, traders gave up and sold off at a stronger pace in the last half hour.

The Dow Jones Industrial Average finished off 158.20 points (1.21 percent) at 12,938.11.

The broad-market S&P 500 lost 15.67 (1.10 percent) to 1,402.43, while the tech-rich Nasdaq Composite shed 25.60 points (0.86 percent) to 2,960.31.

"In the end, fiscal-cliff concerns dominated. No deal meant more worry, and we sold off," said Ryan Detrick of Schaeffer's Investment Research.

All 30 Dow blue chips were in the red, led by Hewlett-Packard (-2.6 percent), which was pushed lower after the SEC said it was looking into its subsidiary Autonomy.

In November, HP accused Autonomy of fraudulent accounting that was uncovered only after its $10 billion purchase of the British software firm in 2011.

Also on the Dow, Exxon lost 2.0 percent and Chevron 1.9 percent.

A rare gainer for the day was embattled bookseller Barnes & Noble, which although reporting that its Nook e-reader had disappointing Christmas sales, got a 4.3 percent boost on the announcement that British publisher Pearson would take a five percent stake in its Nook unit for $89.5 million.

Herbalife, under attack for weeks from short-selling hedge funds, bounced back with a 3.9 percent gain.

Facebook, which opened more than 2.5 percent lower on a report by audience tracker AppData.com that some 3.5 million people had stopped using its photo-sharing app Instagram daily over the past week, regained ground to finish with a loss of just 0.5 percent.

Facebook acquired Instagram earlier this year. The original price was pegged at $1 billion but the final value was less because of a decline in the social network's share price.

Bond prices rose. The 10-year US Treasury yield slipped to 1.71 from 1.72 percent late Thursday, while the 30-year edged lower to 2.88 percent from 2.89 percent. Bond prices and yields move inversely.

-AFP/ac



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Q&A: MacFixIt Answers



MacFixIt Answers is a feature in which I answer
Mac-related questions e-mailed in by our readers.


This week, readers wrote in with questions about managing custom services in OS X, RAM prices for MacBook systems falling dramatically over the past year, and resetting a forgotten administrator password without admin access and without an OS X installer or recovery disc. I welcome views from readers, so if you have any suggestions or alternative approaches to these problems, please post them in the comments!


Question: Managing custom services in OS X
MacFixIt reader Francis asks:


I have followed the guidance in this [article on making an OS X service for sending documents], and it works as described, however it is not quite what I am trying to achieve.

Is there a way to undo an Automator service that I have created?


Answer:
To remove any unwanted services that you have created, in the Finder hold the Option key and choose "Library" from the Go menu. Then go to the Services folder in here and locate and remove the custom service you created, which should appear as an Automator workflow if created in this program.


Question: RAM prices for MacBook systems falling
MacFixIt reader calebj22 asks:


I read your article from Oct 2011 about upgrading RAM in a Macbook Pro to 16 gigs. I have a 2.2 Ghz Intel Cor i7 that I bought in early 2012. My question is this. In your article you suggested the price would be $600 ish. On cricial and on Other World, the price in now under $100. Does this seem right? Have prices come down this much?

Answer:
The price of RAM is always fluctuating and generally falling. When I wrote that article, the RAM prices were quite high, but since then prices have significantly fallen. Now you can purchase a 16GB RAM upgrade for around $80 on average.


Question: resetting an administrator password with limited resources
MacFixIt reader Dean asks:


I am new to Macs. I just purchased a 2nd hand
Macbook pro with 10.8.1 running. The previous owner reset the user name and password but has forgotten them. I am locked out of some functions. I tried the Command-R and also option but see that it has no Recovery Partition. I am on dial-up but have a USB flash drive with 10.8.2 complete with installation files. How do I install this onto the HD without using internet or another Mac computer.

Answer:
First be sure you have a backup of your system.


Hopefully all the previous owner did was forget her password, but you can log in and force her password to be reset. To do this, reboot the system into Single User mode by holding Command-S at startup. You will be dropped to a text-based command line interface, where you should perform the following steps:


  1. Run the following command to make the hard drive writable for editing:

    mount -uw /


  2. Get a list of the current "short" usernames for accounts on the system:

    ls /Users


  3. Identify the account in the list that is the previous "admin" account.

  4. With the admin account short name identified, reset its password with the following command:

    passwd SHORTNAME


Enter the new password to use when prompted, and you should be good to go. Now type "reboot" and then supply the same short username and new password you just configured, and you should be able to log in to the admin account. At this point, go to the System Preferences and at least promote your user account to have administrative privileges, but also consider out of a courtesy to remove her old account (after you have admin privileges and have logged back in to your account).


A final word of advice is to avoid using an OS installation from a previous owner, and instead use a freshly formatted one for yourself. Granted in your situation you do not have the resources to do this effectively, but I recommend it ASAP when you do get the chance.




Questions? Comments? Have a fix? Post them below or !
Be sure to check us out on Twitter and the CNET Mac forums.


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Body Under British Parking Lot May Be King Richard III


For centuries, William Shakespeare seemed to have the last word. His Richard III glowered and leered from the stage, a monster in human form and a character so repugnant "that dogs bark at me as I halt by them." In Shakespeare's famous play, the hunchbacked king claws his way to the throne and methodically murders most of his immediate family—his wife, older brother, and two young nephews—until he suffers defeat and death on the battlefield at the hands of a young Tudor hero, Henry VII.

(Related: "Shakespeare's Coined Words Now Common Currency.")

To shed new light on the long vilified king, a British scientific team has tracked down and excavated his reputed burial spot and exhumed skeletal remains that may well belong to the long-lost monarch. The team is conducting a CSI-style investigation of the body in hopes of conclusively identifying Richard III, a medieval king who ruled England for two brief years before perishing at the Battle of Bosworth in 1485. Results on the investigation are expected in January.

But the much maligned monarch is not the only historical heavyweight to be exhumed.  Since the 1980s, forensic experts have dug up the remains of many famous people—from Christopher Columbus (video) and Simón Bolívar to Jesse James, Marie Curie, Lee Harvey Oswald, Nicolae Ceausescu, and Bobby Fischer. Just last month, researchers in Ramallah (map) disinterred the body of Yasser Arafat, hoping to new glean clues to his death in 2004. Rumors long suggested that Israeli agents poisoned the Palestinian leader with a fatal dose of radioactive polonium-210.

(Read more about poisoning from National Geographic magazine's "Pick Your Poison—12 Toxic Tales.")

Indeed, forensic experts have disinterred the legendary dead for a wide range of reasons—including to move their remains to grander tombs befitting their growing fame, collect DNA samples for legal cases, and obtain data on the medical conditions that afflicted them. Such exhumations, says anatomist Frank Rühli at the Centre for Evolutionary Medicine, University of Zurich, always raise delicate ethical issues. But in the case of early historical figures, scientists can learn much that is of value to society. "Research on ancient samples provides enormous potential for understanding [questions concerning our] cultural heritage and the evolution of disease," Rühli notes in an emailed response.

Franciscan Resting Place?

Archaeologists from the University of Leicester began actively searching for the burial place of Richard III this past August. According to historical accounts, Tudor troops carried Richard's battered corpse from the Bosworth battlefield and displayed it in the nearby town of Leicester before local Franciscan fathers buried the body in their friary choir. With clues from historic maps, the archaeological team located foundations of the now vanished friary beneath a modern parking lot, and during excavation, the team discovered the skeleton of an adult male interred under the choir floor—exactly where Richard III was reportedly buried.

The newly discovered skeleton has scoliosis, a curvature of the spine that may have resulted in a slightly lopsided appearance, and this may have inspired Shakespeare's exaggerated depiction of Richard as a Quasimodo-like figure. Moreover, the body bears clear signs of battle trauma, including a fractured skull and a barbed metal arrowhead embedded in the vertebrae. And even the burial place points strongly to Richard. English armies at the time simply left their dead on the field of battle, but someone carted this body off and interred it in a place of honor.

Taken together, these early clues, says Jo Appleby, the University of Leicester bioarchaeologist studying the remains, strongly suggest that the team has found the legendary king. Otherwise, she observes, "I think we'd have a hard time explaining how a skeleton with those characteristics got buried there."

But much work remains to clinch the case. Geneticists are now comparing DNA sequences from the skeleton to those obtained from a modern-day Londoner, Michael Ibsen, who is believed to be a descendant of Richard III's sister. In addition, forensic pathologists and medieval-weapons scholars are poring over signs of trauma on the skeleton to determine cause of death, while a radiocarbon-dating lab is helping to pin down the date. And at the University of Dundee in Scotland, craniofacial identification expert Caroline Wilkinson is now working on a reconstruction of the dead man's face for a possible match with historic portraits of Richard III.  All this, says Richard Buckley, the lead archaeologist on the project, "will help us put flesh on the bones, so to speak."

Digging Up History

Elsewhere, teams digging up the historic dead have contented themselves with more modest goals. In Texas, for example, forensic experts opened the grave of Lee Harvey Oswald in October 1981 to identify beyond doubt the man who shot President John F. Kennedy. A British lawyer and author had claimed that a Soviet agent impersonated Oswald and assassinated the American president. To clarify the situation, the forensic experts compared dental x-rays taken during Oswald's stint in the United States Marine Corps to a record they made of the body's teeth. The two matched well, prompting the team to announce publicly that "the remains in the grave marked as Lee Harvey Oswald are indeed Lee Harvey Oswald."

More recently, in 2010, Iceland's supreme court ordered forensic experts to exhume the body of the late world chess champion Bobby Fischer from his grave in Iceland in order to obtain DNA samples to determine whether Fischer was the father of one of the claimants to his estate. (The tests ruled this out.) And that same year, Venezuelan president Hugo Chavez ordered forensic experts to open the casket of Simón Bolívar, the renowned 19th century Venezuelan military leader who fought for the independence of Spanish America from colonial rule. Chavez believes that Bolívar died not from tuberculosis, as historians have long maintained, but of arsenic poisoning, and has launched an investigation into the cause of his death.

For some researchers, this recent spate of exhumations has raised a key question: Who should have a say in the decision to disinter or not? In the view of Guido Lombardi, a paleopathologist at Cayetano Heredia University in Lima, investigators should make every effort to consult descendants or family members before proceeding. "Although each case should be addressed individually," notes Lombardi by email. "I think the surviving relatives of a historical figure should approve any studies first."

But tracking down the descendants of someone who died many centuries ago is no easy matter. Back in Leicester, research on the remains found beneath the friary floor is proceeding. If all goes according to plan, the team hopes to announce the results sometime in January. And if the ancient remains prove to be those of Richard III, the city of Leicester could be in for a major royal event in 2013: The British government has signalled its intention to inter the long-maligned king in Leicester Cathedral.


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Woman Tied to Gun in NY Firefighter Ambush













Authorities have charged a woman for allegedly providing a convicted killer with the Bushmaster AR-15 assault rifle he used when he ambushed four volunteer firefighters and an off-duty cop at a fire scene in upstate New York on Christmas Eve, federal prosecutors said.


Dawn Nguyen, 24, was arrested today after allegedly making an illegal purchase of the weapon used by William Spengler, 62, who set a house and car on fire in Webster, N.Y., the morning of Dec. 24, then shot dead two firemen and himself.


Nguyen is facing federal and state charges for acting as a "straw purchaser," buying the Bushmaster assault weapon as well as a shotgun with the intention of giving it to someone who cannot legally purchase it himself, said U.S. Attorney William J. Hochul.


Authorities accuse Nguyen of lying about being the sole owner of the weapons when making the purchase, a violation of federal law.


As an ex-convict, Spengler could not have legally owned or purchased the weapons himself.








NY Firemen's Killer Left Chilling Note Behind Watch Video









Rochester Fire, Shooting: Death Toll Rises to 3 Watch Video







"Dawn Nguyen told the seller of these weapons that she was to be true owner and buyer of these guns," said Hochul. "It is absolutely against federal law to provide any materially false information" on a firearms application.


As Hochul announced the charges, Nguyen was in a nearby court. It was unknown whether she entered a plea, and her lawyer could not be immediately contacted.


In addition to the rifle and shotgun, Spengler was found with a pistol, which authorities believe he used to kill himself by shooting himself in the head.


After apparently setting the fires, Spengler began shooting at emergency responders, officials have said. The attack left two firefighters and the gunman dead, and two other firefighters hospitalized.


Police officer John Ritter recieved shrapnel injuries at the scene but was discharged quickly from the hospital.


In a typewritten note found at the scene, Spengler revealed that he obtained the weapons from Nguyen, who for a time lived next door to him in Webster, Hochul said.


In that same note, Spengler pledged to see "how much of the neighborhood I can burn down." He said he wanted to "do what I like doing best, killing people."


Police said Spengler set a "trap" in order to ambush the first responders.


Firefighters Michael Chiapperini and Tomasz Kaczowka were gunned down. Two other firefighters, Joseph Hofsetter and Theodore Scardino, remained in guarded condition at a Rochester, N.Y. hospital.



Read More..

Today on New Scientist: 27 December 2012









Best videos of 2012: Spiderman skin stops a bullet

Watch reinforced skin stop a speeding bullet, at number 4 in our countdown of the top videos of the year



Gastrophysics: Some said 'more', others said 'meh'

Network theorists model everything from internet traffic to disease spread. But can they tease out titillating new taste combos? New Scientist gets cooking



Best videos of 2012: Sea lice reduce pig to bones

Watch a microscopic mob devour a pig carcass underwater, as we reach number 5 in our best videos of the year.



2012 review: The year in space

A Mars rover's daredevil landing, a private space-flight boom, and a man leaping from the stratosphere were among the top space news events this year



Photo puzzle: Can you make the connection?

Correctly match up 16 pairs of science-inspired images and enter a draw to win a state-of-the-art Olympus E-PL5 digital camera



Shiver me timbers: The coolest warship ever made

Unsinkable and bulletproof, battleships made from icebergs were the great hope of the second world war, says Stephen Battersby



2013 Smart Guide: Next-generation video games

The upcoming round of consoles promises to deliver a far more immersive video-gaming experience, with super-high-definition and multi-screen action



Dangerous liaisons: Animals' tangled love lives

The surprising mate choices of certain animals are forcing us to reconsider our views of evolutionary theory



Three gods: The hardest logic puzzle ever

Tackle this logisticians' parlour game and you may be a bit closer to understanding the nature of truth itself, says Richard Webb



2012 review: The year in environment

From the devastation wrought by superstorm Sandy to vanishing Arctic sea ice, we round up the biggest environment stories of the year



Feast for the senses: Cook up a master dish

Trick your dinner guests into thinking you're a master chef by manipulating all their senses



2013 Smart Guide: Hot computing for a cool billion

Six mega-projects, from a supercomputer brain simulation to a real-life SimCity on a global scale, are vying for two prizes, each worth $1 billion



New Scientist 2012 holiday quiz

Anatomical incongruities, why men are like fruit flies, a boson by any other name, and much more in our end-of-year quiz



2013 Smart Guide: Supercomet to outshine the moon

A gas cloud crashing into the black hole at the centre of the galaxy and a naked-eye comet promise celestial fireworks in 2013



Dangerous liaisons: Fatal animal attractions

Humans aren't the only animals that can run into trouble when choosing a mate, discovers David Robson



2012 review: Zoologger's 12 beasts of Christmas

Zoologger is our weekly column highlighting extraordinary animals - and occasionally other organisms - from around the world. Here are this year's 12 best



Prehistoric cinema: A silver screen on the cave wall

With cartoon frescoes, shadow theatre and a rudimentary form of animation, our ancestors knew how to bring their stories to life, says Catherine Brahic



Review of 2012: The year's biggest news at a glance

Halt to bird flu experiments, Greece's economic crisis, the Stuxnet computer worm, Curiosity arrives on Mars, and more



How does a traffic cop ticket a driverless car?

Rapid progress means self-driving cars are in the fast lane to consumer reality. Is the law up to speed too, asks legal expert Bryant Walker Smith




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US stocks down as "fiscal cliff" deadline nears






NEW YORK: US stocks dipped Thursday in the absence of a deal to avert a "fiscal cliff" crisis as an end-of-year deadline crept closer.

The Dow Jones Industrial Average finished the session down 18.28 points (0.14 percent) at 13,096.31.

The broad-market S&P 500 slipped 1.73 points (0.12 percent) at 1,418.10 while the tech-rich Nasdaq Composite shed 4.25 points (0.14 percent) at 2,985.91.

Washington has until the end of the month to reach a compromise on how to avert a crisis that could lead to steep tax hikes and stringent budget cuts. But with the clock ticking, a deal has yet to take shape.

Experts say a fall over the so-called "fiscal cliff" could take the world's biggest economy back into recession.

Still, markets appeared to be bolstered by word that the House of Representatives would reconvene on Sunday, raising hopes of an 11th-hour compromise.

President Barack Obama cut short his family Christmas break in Hawaii and returned to the capital, and the Senate was also in session Thursday.

"News that the House will reconvene for a session Sunday night propelled stocks to end well off the lows of the day, erasing an earlier double-digit loss on the Dow that came courtesy of discouraging remarks from Senator Harry Reid and a fall in Consumer Confidence," said analysts with Charles Schwab & Co.

Traders were also digesting a sharp drop in consumer confidence in December, traditionally a key driver of the US economy.

In its monthly survey, the Conference Board said the index now stands at 65.1, compared to the downwardly revised 71.5 in November.

Stocks in focus included US auto giant Ford, which said Thursday it would invest $773 million to expand factories across its home state of Michigan, generating 2,350 new jobs, part of a plan to add 12,000 jobs by 2015. It fell 0.23 percent.

Microsoft edged 0.4 percent higher after announcing it would open six new stores in the United States in 2013.

US-listed shares of Toyota Motor Corporation climbed 2.4 percent. The Japanese automaker said Wednesday that it had agreed to pay about $1.1 billion to settle a class action lawsuit launched by US vehicle owners affected by a series of mass recalls.

Marvell Technology Group dropped 3.5 percent after a jury on Wednesday hit it with a billion-dollar verdict, ruling that the US chip maker "willfully" infringed on patents held by Carnegie Mellon University.

Bond prices rose. The 10-year US Treasury yield fell to 1.72 percent from 1.76 percent late Wednesday, while the 30-year slipped to 2.9 percent from 2.93 percent. Bond prices and yields move inversely.

-AFP/ac



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