"Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week. Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current...

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Houston beats Bengals 19-13 in wild-card playoff

HOUSTON (AP) — Arian Foster ran for 140 yards and a touchdown, and the Houston Texans used a stifling defense for a 19-13 win over the Cincinnati Bengals on Saturday in an AFC wild-card playoff game.The Texans will next play at New England on Jan. 13.Foster became the first player in NFL history to have 100-yard games in each of his first three playoff games.The Texans (13-4) had trouble finishing...

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Here, Bella! Top Pet Names for 2012

Move over, Rover, there’s a new top dog in town, and her name is Bella. For 2012, the “Twilight Saga”-inspired moniker was the most popular for dogs and second-most popular for cats, according to a survey by one veterinary organization. For dogs, Max took second place.The survey gathered names of 2.5 million dogs and cats at the Banfield Pet Hospital, a veterinary network in Portland, Ore.The top...

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Storm over Depardieu's 'pathetic' move

STORY HIGHLIGHTSRussian President Vladimir Putin has bestowed Russian citizenship on actor Gérard DepardieuFor Depardieu, a public war of words erupted, with many in France disgusted by his moveDepardieu more than anyone, represents the Gallic spirit, says Agnes PoirierMajority of French people disapprove of his action but can't help loving him, she addsAgnes Poirier is a French journalist and political...

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No pension deal as Quinn, leaders meet

SPRINGFIELD, Ill.— ...

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Venezuela lawmakers elect Chavez ally as Assembly chief

CARACAS (Reuters) - Venezuelan lawmakers re-elected a staunch ally of Hugo Chavez to head the National Assembly on Saturday, putting him in line to be caretaker president if the socialist leader does not recover from cancer surgery. By choosing the incumbent, Diosdado Cabello, the "Chavista"-dominated legislature cemented the combative ex-soldier's position as the third most powerful...

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S&P 500 finishes at 5-year high on economic data

NEW YORK (Reuters) - The benchmark Standard & Poor's 500 index ended at a five-year high on Friday, lifted by reports showing employers kept up a steady pace of hiring workers and the vast services sector expanded at a brisk rate. The gains on the S&P 500 pushed the index to its highest close since December 2007 and its biggest weekly gain since December 2011. Most...

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AP Source: Browns close to deal with Kelly

CLEVELAND (AP) — A person familiar with the negotiations says the Cleveland Browns are close to a deal with Oregon's Chip Kelly to become their next coach.The Browns interviewed Kelly on Friday and the Ducks coach was supposed to meet with Philadelphia. However, a person familiar with the interviews says the Eagles are "heading in another direction" because Kelly is nearing a deal with Cleveland.That...

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Court faults EPA for Bush-era soot regulations

WASHINGTON (AP) — An appeals court is siding with environmental groups that had challenged Environmental Protection Agency regulations on soot as too weak.The three-judge panel ruled Friday that the EPA regulated soot of a certain size under weaker cleanup requirements than it should have.The environmental groups, including the Natural Resources Defense Council, had challenged two rules dating back...

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Myanmar: Evolution, not revolution

Tourists walk around the Shwedagon Pagoda in Yangon in April. The tourism industry is set for expansion.STORY HIGHLIGHTSMyanmar is undergoing incremental change, welcomed by all, says Parag KhannaBut he says people still tread lightly, careful not to overstep or demand too muchMyanmar has survived succession of natural and man-made ravages, Khanna addsWith sanctions lifted, foreign investment is now...

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FBI: Second escaped bank robber caught in Palos Hills

Chicago Tribune reporter Jason Meisner on the recent arrest of Kenneth Conley, a convicted bank robber who escaped from federal jail in December. (Posted on: Jan. 4, 2013.) ...

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Abbas sees Palestinian unity as Fatah rallies in Gaza

GAZA (Reuters) - President Mahmoud Abbas predicted the end of a five-year split between the two big Palestinian factions as his Fatah movement staged its first mass rally in Gaza with the blessing of Hamas Islamists who rule the enclave. "Soon we will regain our unity," Abbas, whose authority has been limited to the Israeli-occupied West Bank since the 2007 civil war between the two factions,...

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Asian shares drop on Fed minutes, dollar extends gain

TOKYO (Reuters) - Asian shares fell on Friday, tracking overnight weakness in global equities, but the dollar gained as U.S. debt yields rose after several Federal Reserve officials expressed concerns about continuing to expand stimulative bond buying. Minutes from the Fed's December policy meeting released on Thursday showed some voting members of the Federal Open Market Committee were...

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Saban, Kelly lead Bama and ND out of darkness

FORT LAUDERDALE, Fla. (AP) — There were some dark days at Notre Dame and Alabama, dark years really, during which two of college football's proudest programs flailed and foundered.Notre Dame won the national championship in 1988, then spent much of the next two decades running through coaches — four if you count the guy who never coached a game — and drifting between mediocre and pretty good.Alabama...

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Lawsuit claims horses mistreated on HBO’s “Luck”

LOS ANGELES (AP) — An animal-rights advocate who oversaw working conditions on the canceled HBO series “Luck” has sued the network and the American Humane Association, claiming horses on the show were grossly mistreated.Barbara Casey‘s lawsuit filed Monday in Los Angeles claims underweight, sick and drugged horses were used to film the series focused on the horse racing industry.The series starring...

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Why U.S. lives under the shadow of 'W'

Julian Zelizer says former President George W. Bush's key tax and homeland security policies survive in the age of ObamaSTORY HIGHLIGHTSJulian Zelizer: For all the criticism Bush got, two key policies have survivedHe says fiscal cliff pact perpetuates nearly all of Bush's tax cutsObama administration has largely followed Bush's homeland security policy, he saysZelizer: By squeezing revenues, Bush...

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