Jan
26

Wall Street Week Ahead: Bears hibernate as stocks near record highs

NEW YORK (Reuters) - Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now. Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock...
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Stan Musial remembered during funeral Mass

ST. LOUIS (AP) — Stan Musial was remembered as a Hall of Famer on and off the field during a 2-hour funeral Mass.Broadcaster Bob Costas, his voice cracking at times, pointed out during Saturday's lengthy tribute that in 92 years of life, Musial never let anyone down.Among those in attendance were baseball Commissioner Bud Selig, former St. Louis standout Albert Pujols and Hall of Famers Bob Gibson,...
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Canada’s Flaherty less optimistic on Keystone prospects

DAVOS, Switzerland (Reuters) – U.S. President Barack Obama‘s emphasis in his inaugural address on fighting climate change may not bode well for the contentious project to build the Keystone XL oil pipeline, Canada’s finance minister said on Friday.The Canadian government has been an enthusiastic supporter of TransCanada Corp‘s plan to build the $ 5.3 billion pipeline, which would open up a huge new...
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Can sanctions deter North Korea?

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Fire 'rekindles' at Bridgeport warehouse

A vacant warehouse in Bridgeport continues to burn. ...
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At least 30 die in riots over Egyptian death sentences

PORT SAID, Egypt/CAIRO (Reuters) - At least 30 people were killed on Saturday when Egyptians rampaged in protest at the sentencing of 21 people to death over a soccer stadium disaster, violence that compounds a political crisis facing Islamist President Mohamed Mursi. Armored vehicles and military police fanned through the streets of Port Said, where gunshots rang out and protesters burned...
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Jan
25

S&P 500 heads for longest winning streak in eight years

NEW YORK (Reuters) - The S&P 500 index on Friday closed above the 1,500 level for the first time in more than five years as strong U.S. earnings reports from Procter & Gamble and others helped the benchmark extend its rally to eight days. The Dow Jones industrial average <.dji> was up 70.50 points, or 0.51 percent, at 13,895.83. The Standard & Poor's 500 Index <.spx>...
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After beating Federer, Murray reaches Aussie final

MELBOURNE, Australia (AP) — Andy Murray was sucking in deep breaths, trying to recover from his exhausting win over Roger Federer. Pain was very much on his mind.The U.S. Open champion defeated Federer 6-4, 6-7 (5), 6-3, 6-7 (2), 6-2 in a four-hour Australian Open semifinal Friday night. It was Murray's first victory against the 17-time major winner at a Grand Slam event.But with the clock about to...
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Obama Presses Liberal Agenda as He Starts 2nd Term

From gun control to gay rights, President Barack Obama‘s second-term agenda is shaping up as an unabashedly liberal wish list.In less than a week, he’s vowed to tackle climate change and protect government entitlements. His administration has lifted a ban on women in combat and expanded opportunities for disabled students. Proposals for stricter gun laws have already been unveiled, and plans for comprehensive...
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Where is aid for Syria going?

STORY HIGHLIGHTSThe U.S. ambassador to Syria says the U.S. has provided $210 million in humanitarian aidThe assistance has to be discrete, he said, to protect workers from being targetedWashington has also provided $35 million worth of assistance to Syria's political oppositionAmbassador: We can help, but it's up to Syrians to find their way forward(CNN) -- It has been more than a year since the United...
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PepsiCo to take controversial ingredient out of Gatorade

Responding to consumer concerns, PepsiCo today announced that it will remove brominated vegetable oil, an emulsifier, from citrus-flavored...
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Violence flares on anniversary of Egypt uprising

CAIRO/ALEXANDRIA, Egypt (Reuters) - On the second anniversary of the uprising that toppled Hosni Mubarak, demonstrators clashed with police during protests across Egypt against the Islamist president they accuse of betraying the revolution. At least 186 civilians and 45 security personnel were injured, officials said. Thousands of opponents of President Mohamed Mursi and...
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Jan
24

Wall Street edges up in face of Apple decline

NEW YORK (Reuters) - The Dow and S&P 500 advanced on Thursday, with the benchmark S&P index on track for its first seven-day streak of gains in over six years as solid economic data managed to outweigh a steep decline in Apple shares. Apple Inc dropped 10.4 percent to $460.69 after the technology giant missed Wall Street's revenue forecast for a third straight quarter as iPhone...
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Te'o tells Couric 'pain' and 'sorrow' was real

NEW YORK (AP) — Manti Te'o told Katie Couric the feelings he had for what turned out to be a fake, online girlfriend were real and reiterated he had nothing to do with the hoax.The All-American linebacker said he was truly sorrowful and pained after finding out the woman he knew as Lennay Kekua died in September.Te'o's once-heartwarming tale of inspired play after the deaths of his grandmother and...
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Wow! Dung Beetles Navigate by the Stars

Despite having tiny brains, dung beetles are surprisingly decent navigators, able to follow straight paths as they roll poo balls they’ve collected away from a dung source. But it seems the insects’ abilities are more remarkable than previously believed. Like ancient seafarers, dung beetles can navigate using the starry sky and the glow from the Milky Way, new research shows.“This is the first time...
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Neanderthal cloning? Pure fantasy

A display of a reconstruction of a Neanderthal man and boy at the Museum for Prehistory in Eyzies-de-Tayac, France.STORY HIGHLIGHTSArthur Caplan: It would be unethical to try and clone a Neanderthal baby Caplan: Downsides include a good chance of producing a baby that is seriously deformedHe says the future belongs to what we can do to genetically engineer and control microbesCaplan: Microbes can...
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Girl: 'My sister's on fire'

3 children were injured, 1 critically after a fire started...
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North Korea to target U.S. with nuclear, rocket tests

SEOUL (Reuters) - North Korea said on Thursday it would carry out further rocket launches and a nuclear test that would target the United States, dramatically stepping up its threats against a country it called its "sworn enemy". The announcement by the country's top military body came a day after the U.N. Security Council agreed to a U.S.-backed resolution to censure and sanction North...
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