NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January. Late-stage bull markets...
Why is Beckham sitting on the bench for nothing?
Labels: TechnologyPARIS (AP) — David Beckham has won league championships in three countries on two continents, earns millions of dollars in endorsements and his name is practically synonymous with celebrity itself. He has his own cologne, for goodness sake. So why is he even bothering to sit on the bench for the Paris Saint-Germain football club?His royal highness of football doesn't need the money — and he's said...
Climate Change May Shrink Bat Moms’ Range
Labels: WorldEach the spring, female Indiana bats leave the cool caves where they spend the winter hibernating and head north, gathering together in trees to form maternity colonies to have their young. A new study shows that climate change could squeeze these bat moms into a much smaller range over the next 50 years.The endangered bats are currently found over most of the eastern half of the United States, but...
Turkey says tests confirm leftist bombed U.S. embassy
Labels: BusinessISTANBUL (Reuters) - A member of a Turkish leftist group that accuses Washington of using Turkey as its "slave" carried out a suicide bomb attack on the U.S. embassy, the Ankara governor's office cited DNA tests as showing on Saturday. Ecevit Sanli, a member of the leftist Revolutionary People's Liberation Army-Front (DHKP-C), blew himself up in a perimeter gatehouse on Friday as he tried...
Feb
01
Wall Street surges to five-year highs on data
Labels: WorldNEW YORK (Reuters) - Stocks climbed to five-year highs on Friday in the wake of jobs and manufacturing data that showed the economy's sluggish recovery is still on track. The Dow industrials rose to 14,000 for the first time since mid-October 2007 and the S&P hit its highest since December that year. The S&P advanced 5 percent in January, its best start to a year since 1997. ...
Goodell wants to end use of head in tackling
Labels: TechnologyNEW ORLEANS (AP) — NFL Commissioner Roger Goodell says the No. 1 issue in the game is taking the head out of tackles.Goodell said players are using their heads more than in the past, something he said may be because better helmets and face masks lead them to take more risks with their heads.In his state of the NFL address Friday before Sunday's Super Bowl, Goodell said progress has been made in the...
Energy Secretary Chu to step down
Labels: WorldWASHINGTON (AP) — Energy Secretary Steven Chu, who won a Nobel Prize in physics but came under questioning for his handling of a solar energy loan, is stepping down.Chu offered his resignation to President Barack Obama in a letter Friday. He said he will stay on at least until the end of February and may stay until a successor is confirmed.Chu’s departure had been widely expected and follows announcements...
Hillary: Secretary of empowerment
Labels: LifestyleGirls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.STORY HIGHLIGHTSDonna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for presidentShe says as secretary she expanded foreign policy to include effect on regular people She says she was first secretary of state to focus on empowering women and girlsBrazile:...
March planned for Hadiya Pendleton; reward increased to $30K
Labels: Health As community members made ready to march in memory of Hadiya Pendleton today, officials announced the reward for information...
Suicide bomber kills guard at U.S. embassy in Turkey
Labels: BusinessANKARA (Reuters) - A far-leftist suicide bomber killed a Turkish security guard at the U.S. embassy in Ankara on Friday, officials said, blowing open an entrance and sending debris flying through the air. The attacker detonated explosives strapped to his body after entering an embassy gatehouse. The blast could be heard a mile away. A lower leg and other human remains lay on the street. ...
Jan
31
Market treads water before Friday's employment data
Labels: WorldNEW YORK (Reuters) - Stocks were little changed on Thursday as investors were cautious after a mixed bag of economic data, while stellar earnings from chipmaker Qualcomm helped the Nasdaq index to edge higher. The S&P 500 is on track to post its best month since October 2011 and its best January since 1997. Investors expect a pullback in equities after the recent gains,...
49ers' Culliver apologizes for anti-gay remarks
Labels: TechnologyNEW ORLEANS (AP) — San Francisco 49ers cornerback Chris Culliver apologized Thursday for anti-gay comments he made to a comedian during Super Bowl media day, saying "that's not what I feel in my heart.""I'm sorry if I offended anyone. They were very ugly comments," Culliver said during an hour-long media session. "Hopefully I learn and grow from this experience and this situation."He said he would...
Chevron fined nearly $1M for Calif. refinery fire
Labels: WorldSAN FRANCISCO (AP) — Chevron was fined nearly $ 1 million by the state on Wednesday in connection with a fire last year at the company’s San Francisco Bay area refinery that sent a cloud of gas and black smoke over residential areas.Investigators found “willful violations” in Chevron Corp.‘s response before, during and after the Aug. 6 fire in Richmond caused by an old, leaky pipe in one of the facility’s...
Fear and loathing in Egypt's Port Said
Labels: LifestyleBehind the maskScales of justiceMoment of truthFans celebrate Armed and readyRally at the clubPortrait of the deadACABDown with MorsiArmy in controlPort Said women protestAl Masry ultrasThe sound of machine gunsAftermathProtestShots firedEmpty standsHarrowing reminder<<<123456789101112131415161718>>>STORY HIGHLIGHTSChaos erupted in Egypt after 21 people were sentenced to death following...
Slain girl made anti-gang video
Labels: Health The sixth-grader can barely keep from smiling, self-conscious in front of the camera as she delivers a very serious message."Hi,...
Syria warns of "surprise" response to Israel attack
Labels: BusinessBEIRUT/AMMAN (Reuters) - Syria warned on Thursday of a possible "surprise" response to Israel's attack on its territory and Russia condemned the air strike as an unprovoked violation of international law. Damascus could take "a surprise decision to respond to the aggression of the Israeli warplanes", Syrian ambassador to Lebanon Ali Abdul-Karim Ali said a day after Israel struck against...
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