S&P 500 slips after rally, but Apple lifts Nasdaq

NEW YORK (Reuters) - The S&P 500 edged lower on Monday as a four-week rally stalled, while a rebound in Apple shares helped buoy the Nasdaq. Caterpillar shares helped cap losses in the Dow industrials even as the company posted a 55 percent drop in quarterly profit due to a charge connected with accounting fraud at a Chinese subsidiary and weak demand among its dealers. Caterpillar's...

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Tiger headed toward another win at Torrey

SAN DIEGO (AP) — The Pacific air was so cold at the end of a 10-hour day at Torrey Pines that Tiger Woods thrust both hands in the front pockets of his rain pants as he walked off the course at the Farmers Insurance Open.It was a fitting image. Woods made a marathon day look like he was out for a stroll.Staked to a two-shot lead going into the third round of this fog-delayed tournament, Woods drove...

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Antarctic Drilling Team Nabs 1st Samples of Buried Lake

As a sterilized video camera dropped through a borehole in the ice, U.S. scientists camped at Lake Whillans in Antarctica became the first to see the bottom of a lake trapped underneath the glacial ice for thousands of years.On Monday, the team pulled mud and water from the lake floor, 2,625 feet (800 meters) below the surface of the ice, marking the Whillans Ice Stream Subglacial Access Research...

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Why haven't we learned from fires?

STORY HIGHLIGHTSPyrotechnics, overcrowding, poor exits have contributed to tragic fires in recent yearsYou would think the world would have learned from past incidents, John Barylick saysConcertgoers have to be their own fire marshals, he saysEditor's note: John Barylick, author of "Killer Show," a book on the 2003 Station nightclub fire in Rhode Island, is an attorney who represented victims in wrongful...

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CO leak suspected in 2 deaths: 'They were very good people'

The first sign of trouble came around 3 a.m. Sunday when Shabbir Ahmed's sister-in-law woke up feeling ill."It started from...

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Violence flares in Egypt after emergency law imposed

CAIRO (Reuters) - A man was shot dead on Monday in a fifth day of violence that has killed 50 Egyptians and prompted the Islamist president to declare a state of emergency in an attempt to end a wave of unrest sweeping the biggest Arab nation. Emergency rule announced by President Mohamed Mursi on Sunday covers the cities of Port Said, Ismailia and Suez. The army has already been deployed...

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

NEW YORK (Reuters) - U.S. 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...

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Djokovic completes Australian Open hat trick

MELBOURNE, Australia (AP) — No shirt ripping or bare-chested flexing this time.Novak Djokovic completed his work before midnight, defeating Andy Murray in four sets for his third consecutive Australian Open title and fourth overall.It was also the second time in three years Djokovic had beaten his longtime friend in this final. So the celebration was muted: a small victory shuffle, raised arms, a...

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Freezing rain bringing 'very slippery, tricky driving conditions'

Weather on the 1s ...

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Nightclub fire kills at least 232 in Brazil

SANTA MARIA, Brazil (Reuters) - A fire in a nightclub killed at least 232 people in southern Brazil on Sunday when a band's pyrotechnics show set the building ablaze and fleeing partygoers stampeded toward blocked and overcrowded exits in the ensuing panic, officials said. The blaze in the university town of Santa Maria was started by a band member or someone from its production team...

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