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...
Armstrong's enemies find vindication, sadness
Labels: TechnologyFirst shunned, then vilified by Lance Armstrong, Mike Anderson had to move to the other side of the world to get his life back.Now running a bike shop outside of Wellington, New Zealand, Armstrong's former assistant watched news reports about his former boss confessing to performance-enhancing drug use with only mild interest. If Anderson never hears Armstrong's voice again, it would be too soon."He...
Latest Inaugural Forecast: Bit Warmer Than in 2009
Labels: WorldConsider it the first fact check of a Barack Obama campaign pledge for his second term: Will he, or Mother Nature, deliver on promised warmer Inauguration Day weather?It’s shaping up as a close call.In September, while campaigning in Colorado, Obama was talking to a potential voter who mentioned he had been one of the hundreds of thousands of people outdoors at Obama‘s bone-chilling first inaugural...
Why Africa backs French in Mali
Labels: LifestyleFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensive French-led Mali offensive French-led Mali offensive French-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensive French-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensive French-led Mali offensive French-led Mali offensiveFrench-led...
Ricketts: Cubs will fund renovation if city eases Wrigley restrictions
Labels: HealthCubs Chairman Tom Ricketts discusses Sammy Sosa and the renovation of Wrigley Field. Cubs Chairman Tom Ricketts said the team...
Algeria ends desert siege with 23 hostages dead
Labels: BusinessALGIERS/IN AMENAS, Algeria (Reuters) - Algerian troops ended a siege by Islamist militants at a gas plant in the Sahara desert where 23 hostages died, with a final assault which killed all the remaining hostage-takers. Believed to be among the 32 dead militants was their leader, Abdul Rahman al-Nigeri, a Nigerien close to al Qaeda-linked commander Mokhtar Belmokhtar, presumed mastermind...
Jan
18
Wall Street Week Ahead: Earnings, money flows to push stocks higher
Labels: WorldNEW 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...
Anti-doping officials say Armstrong must say more
Labels: TechnologyFor anti-doping officials, Lance Armstrong's admission of cheating was only a start. Now they want him 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:...
Great Weekend Weather for North Texas! Here’s your forecast.
Labels: WorldBEST WEEKEND OF THE YEAR SO FAR…That is not saying a whole lot as we haven’t had very many weekends this year, but this one will be the best we have seen. Lots of sunshine and high temperatures in the mid 60s each day! It will be a bit cool in the mornings starting near 40 degrees each day.A cold front arrives early Monday (MLK Day) morning. No rain with this front, but it will be...
U.S. 'needs tougher child labor rules'
Labels: LifestyleCristina 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...
Autopsy today for lottery winner poisoned by cyanide
Labels: HealthThe body of poisoned lottery winner, Urooj Khan, is exhumed at Rosehill Cemetery in Chicago on Friday, Jan. 18, 2013. (John J. Kim, Chicago Tribune) ...
Foreigners still trapped in Sahara hostage crisis
Labels: BusinessALGIERS/IN AMENAS, Algeria (Reuters) - More than 20 foreigners were captive or missing inside a desert gas plant on Saturday, nearly two days after the Algerian army launched an assault to free them that saw many hostages killed. The standoff between the Algerian army and al Qaeda-linked gunmen - one of the biggest international hostage crises in decades - entered its fourth day, having...
Jan
17
Housing, job data push S&P to five-year high; Intel down late
Labels: WorldNEW YORK (Reuters) - Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks on Thursday, pushing the S&P 500 to a five-year high and its third day of gains. A pair of economic reports lifted investors' sentiment. The number of Americans filing new claims for unemployment benefits fell to a five-year low last week and housing starts jumped last month...
Te'o mentioned 'girlfriend' twice recently
Labels: TechnologySOUTH BEND, Ind. (AP) — Not once but twice after he supposedly discovered his online girlfriend of three years never even existed, Notre Dame All-American linebacker Manti Te'o perpetuated the heartbreaking story about her death.An Associated Press review of news coverage found that the Heisman Trophy runner-up talked about his doomed love in a Web interview on Dec. 8 and again in a newspaper interview...
Next Space Station Crew Faces Out-of-This-World Final Exams
Labels: WorldAn American astronaut and two Russian cosmonauts are preparing to join the crew of the International Space Station in March, but before they blast off, they’ll have to face the thing all students dread: final exams.NASA astronaut Chris Cassidy, along with Alexander Misurkin and Pavel Vinogradov of Russia, are due to launch toward the space station aboard a Russian Soyuz spacecraft on March 28. They...
Why U.S. needs tougher child labor rules
Labels: LifestyleCristina 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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