"Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week. Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current...

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PGA Tour's season opener delayed again

KAPALUA, Hawaii (AP) — For those who think the PGA Tour season never ends, here's a new twist: This one can't get started.For the second straight day, the Tournament of Champions was postponed Saturday because of gusts topping 40 mph that made it impossible to play. Some holes on the back nine are so exposed that when officials dropped a golf ball on the green, it actually rolled up uphill.The tournament...

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Famed Roman Shipwreck Could Be Two

SEATTLE — A dive to the undersea cliff where a famous Roman shipwreck rests has turned up either evidence that the wreck is enormous — or a suggestion that, not one, but two sunken ships are resting off the Greek island of Antikythera.“Either way, it’s an exciting result,” said study researcher Brendan Foley, an archaeologist at Woods Hold Oceanographic Institution who presented the findings here...

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Storm over Depardieu's 'pathetic' move

STORY HIGHLIGHTSRussian President Vladimir Putin has bestowed Russian citizenship on actor Gérard DepardieuFor Depardieu, a public war of words erupted, with many in France disgusted by his moveDepardieu more than anyone, represents the Gallic spirit, says Agnes PoirierMajority of French people disapprove of his action but can't help loving him, she addsAgnes Poirier is a French journalist and political...

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Jail escapee appears in court, ordered held without bond

Chicago Tribune reporter Jason Meisner on the recent arrest of Kenneth Conley, a convicted bank robber who escaped from federal jail in December. (Posted on: Jan. 4, 2013.) ...

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Venezuela lawmakers elect Chavez ally as Assembly chief

CARACAS (Reuters) - Venezuelan lawmakers re-elected a staunch ally of Hugo Chavez to head the National Assembly on Saturday, putting him in line to be caretaker president if the socialist leader does not recover from cancer surgery. By choosing the incumbent, Diosdado Cabello, the "Chavista"-dominated legislature cemented the combative ex-soldier's position as the third most powerful...

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Data helps pace Wall Street higher, but Apple drags

NEW YORK (Reuters) - U.S. stocks advanced on Friday, putting the S&P 500 on track for its biggest weekly gain in over a year after a jobs report showed employers kept the pace of hiring steady in December. The Labor Department said payrolls outside the farming sector grew by 155,000 jobs last month, slightly below November's level. Gains in employment were distributed broadly throughout...

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Reid arrives in KC, nears deal to become coach

KANSAS CITY, Mo. (AP) — Andy Reid arrived in Kansas City on Friday, and the Chiefs are close to making an official announcement that he will become their next coach.Reid and the Chiefs have reportedly agreed to a deal giving the longtime Eagles coach broad authority over football decisions. His deal came hours after the Chiefs announced they had parted with general manager Scott Pioli after four tumultuous...

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Google’s original Android mascot would have given children everywhere horrible nightmares

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Myanmar: Evolution, not revolution

Tourists walk around the Shwedagon Pagoda in Yangon in April. The tourism industry is set for expansion.STORY HIGHLIGHTSMyanmar is undergoing incremental change, welcomed by all, says Parag KhannaBut he says people still tread lightly, careful not to overstep or demand too muchMyanmar has survived succession of natural and man-made ravages, Khanna addsWith sanctions lifted, foreign investment is now...

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McHenry County judge picked for Vanecko case

McHenry County Judge Maureen P. McIntyre was selected today to preside over the politically charged involuntary manslaughter...

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Abbas sees Palestinian unity as Fatah rallies in Gaza

GAZA (Reuters) - President Mahmoud Abbas predicted the end of a five-year split between the two big Palestinian factions as his Fatah movement staged its first mass rally in Gaza with the blessing of Hamas Islamists who rule the enclave. "Soon we will regain our unity," Abbas, whose authority has been limited to the Israeli-occupied West Bank since the 2007 civil war between the two factions,...

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Wall Street ends down on Fed concern

NEW YORK (Reuters) - U.S. stocks dipped on Thursday after minutes from the latest Federal Reserve meeting showed growing concern about the risks of the Fed's stimulative monetary policy, giving investors reason to pull back after a strong two-day run. The Dow Jones industrial average <.dji> slipped 21.35 points, or 0.16 percent, to 13,391.20, according to the latest figures. The...

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NHL, union resume talks in hopes to save season

NEW YORK (AP) — After a long night of talks, the NHL and the union returned to the bargaining table, but not for long.The sides met at the league office Thursday about three hours later than scheduled. The players' association said it had been updating members on negotiations.Players and union staff began arriving at NHL headquarters a little before 1 p.m. EST, although executive director Donald Fehr...

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Mars Meteorite May Be Missing Link to Red Planet’s Past

A Martian meteorite recently found on Earth may represent a missing link between Mars’ warm, wet past and its present cold and dry state, a new study shows.The rock, which was discovered in Morocco in 2011, is of a previously unknown class that could fill in gaps in scientists’ understanding of the Red Planet‘s geological history, researchers said.The meteorite — named NWA 7034 — is markedly dissimilar...

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Why U.S. lives under the shadow of 'W'

Julian Zelizer says former President George W. Bush's key tax and homeland security policies survive in the age of ObamaSTORY HIGHLIGHTSJulian Zelizer: For all the criticism Bush got, two key policies have survivedHe says fiscal cliff pact perpetuates nearly all of Bush's tax cutsObama administration has largely followed Bush's homeland security policy, he saysZelizer: By squeezing revenues, Bush...

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Family of slain auto shop owner: 'We are lost'

A longtime Southwest Side business owner was shot and killed during a robbery at his muffler shop; His family talked with CBS's Susanna Song. (Source: CBS Chicago) ...

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Syria rebels in push to capture air base

AZAZ, Syria (Reuters) - Rebels battled on Thursday to seize an air base in northern Syria, part of a campaign to fight back against the air power that has given President Bashar al-Assad's forces free rein to bomb rebel-held towns. More than 60,000 people have been killed in the 21-month-old uprising and civil war, the United Nations said this week, sharply raising the death toll estimate...

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Wall Street rallies on "fiscal cliff" agreement

NEW YORK (Reuters) - Stocks began the new year with a broad rally on Wednesday, sparked by a last-minute deal in Washington to avert the "fiscal cliff" of tax hikes and spending cuts that threatened to derail the economy. In 2013's first trading session, the S&P 500 was on target for its best percentage gain since November 19 and highest close since October 19. The Dow...

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