Jan
19

Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal. The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation...
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Fiery Orioles manager Earl Weaver dead at 82

BALTIMORE (AP) — Loved in Baltimore long after he ended his Hall of Fame career, Earl Weaver remained an Oriole to the end.The notoriously peppery Hall of Fame manager died at age 82 on a Caribbean cruise associated with the Orioles, his marketing agent said Saturday.The Duke of Earl, as he was affectionately known in Baltimore, took the Orioles to the World Series four times over 17 seasons but won...
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The 10 Weirdest Inaugurations in US History

President Barack Obama will put his hand on a Bible for the 57th inauguration ceremony Monday (Jan. 21) and kick off his next four years in office. And while everything may come off without a hitch, inaugurations haven’t always gone smoothly. From Richard Nixon‘s parade of dead birds to Calvin Coolidge‘s impromptu inauguration, here are some of the most bizarre swearing-in days in U.S. history.Drunken...
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Why Africa backs French in Mali

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Ricketts asks for easing of landmark restrictions on Wrigley

Chicago Cubs Chairman Tom Ricketts said Saturday the team is willing to pay for much of its renovation plan if the city will...
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Algerian army stages "final assault" on gas plant

ALGIERS/IN AMENAS, Algeria (Reuters) - The Algerian army carried out a dramatic final assault to end a siege by Islamic militants at a desert gas plant on Saturday, killing 11 al Qaeda-linked gunmen after they took the lives of seven more foreign hostages, the state news agency said. The state oil and gas company, Sonatrach, said the militants who attacked the plant on Wednesday and took...
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Jan
18

Wall Street slips after disappointing Intel results

NEW YORK (Reuters) - Stocks edged lower on Friday from a five-year high for the S&P 500 as a weak outlook from tech heavyweight Intel offset a better-than-expected quarterly profit at Morgan Stanley. But the S&P 500 was still on track to end higher for a third consecutive week. Shares of Intel Corp slumped nearly 7 percent to $21.11 a day after it forecast quarterly...
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Anti-doping officials say Armstrong must say more

Admitting he cheated was a start. Now, it's all about whether Lance Armstrong is ready to give details — lots of them — to clean up his sport.Armstrong's much-awaited confession to Oprah Winfrey made for riveting television, but if the disgraced cyclist wants to take things further, it will involve several long days in meetings with anti-doping officials who have very specific questions: Who ran the...
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Scientist Proposes to Girlfriend in Amazing Northern Lights Time-Lapse Video

Dazzling green, purple and turquoise auroras glimmer in the sky over Iceland while a man proposes to his girlfriend in a new time-lapse video.Neuroscientist Alex Rivest shot the amazing aurora time-lapse video, which featured his own proposal, over several days and nights in September 2012.“On a trip to Iceland I asked my girlfriend to marry me under the aurora borealis,” Rivest wrote in...
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U.S. 'needs tougher child labor rules'

Cristina Traina says in his second term, Obama must address weaknesses in child farm labor standards STORY HIGHLIGHTSCristina Traina: Obama should strengthen child farm labor standardsShe says Labor Dept. rules allow kids to work long hours for little pay on commercial farmsShe says Obama administration scrapped Labor Dept. chief's proposal for tightening rulesShe says Labor Dept. must fix lax standards...
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Autopsy today for lottery winner poisoned by cyanide

The body of poisoned lottery winner, Urooj Khan, is exhumed at Rosehill Cemetery in Chicago on Friday, Jan. 18, 2013. (John J. Kim, Chicago Tribune) ...
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Foreigners still caught in Sahara hostage crisis

ALGIERS (Reuters) - More than 20 foreigners were still being held hostage or missing inside a gas plant on Friday after Algerian forces stormed the desert complex to free hundreds of captives taken by Islamist militants, who threatened to attack other energy installations. Thirty hostages, including at least seven Westerners, were killed during Thursday's assault, along with at least 18 of their...
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Jan
17

Data, eBay earnings lift Wall Street to five-year high

NEW YORK (Reuters) - Wall Street rose on Thursday, with the S&P 500 climbing to a five-year intraday high, on improved housing and jobs data along with better-than-expected results from online marketplace eBay . The data showed the number of Americans filing new claims for unemployment benefits fell to a five-year low last week, while groundbreaking for homes rose to the fastest pace...
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Hawaii hometown backs Te'o after girlfriend hoax

LAIE, Hawaii (AP) — People in the small Hawaii hometown of Manti Te'o are offering support for the Notre Dame linebacker, after the story of his girlfriend and her death from leukemia were revealed as a hoax.No one answered the door Wednesday evening and no one appeared to be inside the modest, single-story wood home of Te'o's parents, Brian and Ottilia Te'o, in the small coastal town of Laie on Oahu's...
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Did Scientology ad cross line?

The Church of Scientology is also at fault for thinking the advertorial would survive The Atlantic readers' scrutiny, Ian Schafer says.STORY HIGHLIGHTSThe Atlantic published and pulled a sponsored Scientology "story"Ian Schafer: On several levels, the ad was a mistakeHe says the content was heavy-handed and comments were being moderatedSchafer: Experimenting to raise revenue makes sense, but standards...
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Trestman: 'Passion' and 'urgency' to win with Bears

Marc Trestman emphasized passion, urgency and commitment and said he "can't wait to get my hands on" quarterback Jay Cutler...
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