U.P.S. Posts a Loss and Forecasts Lower Profit

U.P.S. followed a stream of other big companies like Rockwell Automation and Northrop Grumman that were also weighed down by pension-related charges. A prolonged period of low interest rates is driving up companies’ pension costs. Even factoring out the $3 billion noncash pension charge, U.P.S., the world’s largest package-delivery company, reported a fourth-quarter profit that still missed...

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Bail Is Set at $11 Million for King Juan Carlos’s Son-in-Law

MADRID — A Spanish judge on Wednesday demanded that the son-in-law of King Juan Carlos and his former business partner post bond of $11 million as the state deepens its investigation into whether they embezzled millions of dollars in public money allocated to sports and tourism events. The son-in-law, Iñaki Urdangarin, has not been formally charged, but he was subpoenaed last year, becoming...

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TSX closes lower as RIM, Fed decision weigh

TORONTO (Reuters) – Canada’s main stock index closed lower on Wednesday, hurt by a fall in Research In Motion Ltd after it released its long-awaited BlackBerry 10 devices, and broad market weakness after the U.S. Federal Reserve decided to leave its stimulus program intact.The Toronto Stock Exchange‘s S&P/TSX composite index <.gsptse> closed 36.12 points, or 0.28 percent, lower at 12,794.44....

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Lewis says he's 'agitated,' not angry about story

NEW ORLEANS (AP) — Smiling, even laughing, at questions about a report linking him to a company that purports to make performance-enhancers, Baltimore Ravens linebacker Ray Lewis said Wednesday he "never, ever took" the stuff.Lewis described himself as "agitated," not angry, that the story has become part of the Super Bowl-week prelude to Baltimore's game against the San Francisco 49ers on Sunday.He...

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Well: Myths of Weight Loss Are Plentiful, Researcher Says

If schools reinstated physical education classes, a lot of fat children would lose weight  And they might never have gotten fat in the first place if their mothers had just breast fed them when they were babies. But be warned: obese people should definitely steer clear of crash diets. And they can lose more than 50 pounds in five years simply by walking a mile a day.Those are among...

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DealBook: Top Federal Prosecutor of Corporate Crime Resigns

1:42 p.m. | Updated with formal announcementLanny A. Breuer, the federal prosecutor who led the Justice Department’s response to corporate crime in the wake of the financial crisis, announced on Wednesday that he is stepping down after nearly four years in the post.As head of the Justice Department’s criminal division, one of the most senior roles at the agency, Mr. Breuer tackled corporate bribery...

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The Lede Blog: Under Attack, Cairo Hotel Tweets an S O S

Video of unidentified men streaming into the lobby of Cairo’s Semiramis InterContinental hotel was shown live on Egypt’s ONTV early on Tuesday.Last Updated, 5:57 p.m. As our colleagues Kareem Fahim, David Kirkpatrick and Mayy El Sheikh report, the mayhem on Cairo’s streets briefly spilled into the lobby of one of the city’s luxury hotels, the Semiramis InterContinental, during intense clashes between...

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Survey shows strong consumer interest in BlackBerry 10, but few are willing to buy just yet

The good news for RIM (RIMM): Lots of people are interested in checking out its upcoming BlackBerry 10 platform. The bad news: Few are willing to commit to buying a BlackBerry 10 device at the moment. According to a new online survey of more than 1,100 Americans commissioned by mobile application specialist BiTE interactive and conducted by reputable pollster YouGov, 47% of Americans find “at least...

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Is flag football ahead for NFL?

NEW ORLEANS (AP) — Players on both Super Bowl teams say they are confused about when a hit is legal by NFL standards.Rules designed to make the game safer are also making players uncertain about which hits are considered clean and which ones could lead to a fine.San Francisco tight end Vernon Davis wondered if two-hand touch is in the future for the NFL."I think the rules will change a lot," he said...

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Well: Ask Well: Squats for Aging Knees

You are already doing many things right, in terms of taking care of your aging knees. In particular, it sounds as if you are keeping your weight under control. Carrying extra pounds undoubtedly strains knees and contributes to pain and eventually arthritis.You mention weight training, too, which is also valuable. Sturdy leg muscles, particularly those at the front and back of the thighs, stabilize...

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