NEW YORK (Reuters) - The Nasdaq composite stock index closed at a 12-year high and the S&P 500 index at a five-year high, boosted by gains in technology shares and stronger overseas trade figures. The S&P 500 also posted a sixth straight week of gains for the first time since August. The technology sector led the day's gains, with the S&P 500 technology index...
Northeast storm disrupts travel for sports teams
Labels: TechnologySeveral professional and college sports teams were forced to rearrange their travel plans as a massive storm swept through the Northeast, dumping a few feet of snow in some areas.The NBA's New York Knicks were stuck in Minnesota after playing the Timberwolves on Friday night, hoping to try to fly home sometime Saturday. The San Antonio Spurs were also staying overnight in Detroit after seeing their...
How Obama can end Congo conflict
Labels: LifestyleConflict in CongoConflict in CongoConflict in CongoConflict in CongoConflict in CongoSTORY HIGHLIGHTSPresident Obama can help end the Congo conflict for good, says Vava TampaObama has asked Rwanda to end all support to armed groups in the CongoFDLR militia gang is a threat to stability and must leave CongoObama must push for change in Congolese government, argues TampaEditor's note: Vava Tampa is...
Hadiya Pendleton funeral: 'God is our refuge'
Labels: Health The funeral of slain teen Hadiya Pendleton began today amid large crowds, long lines and heavy security prompted by the attendance...
Tunisian Islamists rally to show "power of street"
Labels: BusinessTUNIS (Reuters) - Thousands of Islamists marched in Tunis on Saturday in a show of strength, a day after the funeral of an assassinated secular politician drew the biggest crowds seen on the streets since Tunisia's uprising two years ago. About 6,000 supporters of the ruling Ennahda movement rallied to back their leader Rachid al-Ghannouchi, who was the target of angry slogans raised...
Feb
08
Wall Street extends gains, Nasdaq near 12-year high
Labels: WorldNEW YORK (Reuters) - Stocks extended gains on Friday, with the Nasdaq rising 1 percent, putting it within close reach of a 12-year high. The Dow Jones industrial average <.dji> gained 47.66 points, or 0.34 percent, to 13,991.71. The Standard & Poor's 500 Index <.spx> rose 7.47 points, or 0.49 percent, to 1,516.86. The Nasdaq Composite Index <.ixic> was up 30.23 points,...
Manufacturer: Device setting caused Bowl outage
Labels: TechnologyNEW ORLEANS (AP) — The manufacturer of a protective device blamed in the power outage that interrupted the Super Bowl said a low "trip setting" on the equipment caused the partial blackout in the Superdome.Friday's statement from S&C Electric Co. of Chicago said the outage would have been avoided if the operator of the relay device had set the trip threshold higher.The statement did not name the...
Why I dread Chinese New Year
Labels: LifestyleKids see Chinese New Year through rose-tinted glasses.STORY HIGHLIGHTSZoe Li: As an adult, Chinese New Year is an annual nightmareIt's a time when relatives have the right to be judgmentalSuperstitious Chinese New Year foods often aren't that tasty(CNN) -- For me, Chinese New Year used to be fun.When I was a kid, I was excited during Chinese New Year when I got lai see and I could stay up late. I...
Blizzard begins to slam Northeast
Labels: Health A blizzard blew into the northeastern United States on Friday, cutting short the workweek for millions who feared being stranded...
Violence mars funeral of Tunisian opposition leader
Labels: BusinessTUNIS (Reuters) - Tens of thousands of Tunisians turned out on Friday to mourn secular opposition leader Chokri Belaid, whose assassination has deepened a political crisis and led to violent protests against the Islamist-led government. Teargas and smoke from burning cars at times wafted over the Tunis cemetery where Belaid was buried in the country's biggest funeral since independence...
Feb
07
Wall Street dips on renewed euro zone concerns
Labels: WorldNEW YORK (Reuters) - Shares fell on Thursday after the euro currency dropped against the safe-haven dollar and yen, raising worries about Europe's outlook and curbing investors' appetite for risky assets such as stocks. The euro sank after European Central Bank President Mario Draghi said the exchange rate was important to growth and price stability, which investors took as a sign the...
NFL reinstates Williams, Titans add him to staff
Labels: TechnologyNASHVILLE, Tenn. (AP) — The NFL has reinstated Gregg Williams after suspending him for his role in the New Orleans' bounty scandal, and the Titans have added him to their coaching staff.The NFL ended Williams' indefinite suspension Thursday and approved the Titans' contract hiring Williams. Tennessee also announced in the same release that Williams had been hired as a senior assistant coach for its...
Bring drones out of the shadows?
Labels: LifestyleSTORY HIGHLIGHTSJohn Brennan's confirmation hearing is a chance to ask about drone program, author saysSarah Holewinski: Brennan is one of a few officials who knows full story on dronesShe says senators need to ask about damage drone program does to civilians, U.S. reputationHolewinski: CIA should hand over drone program to Defense DepartmentEditor's note: Sarah Holewinski is executive director of...
Khamenei rebuffs U.S. offer of direct talks
Labels: BusinessDUBAI (Reuters) - Iran's highest authority, Ayatollah Ali Khamenei, on Thursday slapped down an offer of direct talks made by U.S. Vice President Joe Biden this week, saying they would not solve the problem between them. "Some naive people like the idea of negotiating with America, however, negotiations will not solve the problem," Khamenei said in a speech to officials and members of...
Feb
06
Wall Street stymied as investors lack catalysts to trade
Labels: WorldNEW YORK (Reuters) - U.S. stocks were little changed on Wednesday as investors, without any major economic reports to guide them, awaited fresh incentives to trade after rallies took the S&P 500 to five-year highs. Transportation stocks were among the worst performers, weighed down by a 10 percent drop in CH Robinson Worldwide to $60.40 after the freight transport company posted...
Braun says he used Fla clinic owner as consultant
Labels: TechnologyNEW YORK (AP) — Milwaukee Brewers slugger Ryan Braun said the person who ran the Florida clinic being investigated by Major League Baseball was used only as a consultant on his drug suspension appeal last year."I have nothing to hide," Braun said in a statement released by his representatives on Tuesday night.Earlier in the day, Yahoo Sports reported the 2011 NL MVP's name showed up three times in...
Should we still fear al Qaeda?
Labels: LifestyleMali military battles Islamist insurgentsMali military battles Islamist insurgentsMali military battles Islamist insurgentsMali military battles Islamist insurgentsMali military battles Islamist insurgentsMali military battles Islamist insurgentsMali military battles Islamist insurgentsMali military battles Islamist insurgentsMali military battles Islamist insurgentsMali military battles Islamist...
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