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...
RG3, Arians, Kuechly win AP NFL awards
Labels: TechnologyNEW ORLEANS (AP) — Washington's Robert Griffin III beat out fellow quarterbacks Andrew Luck and Russell Wilson to win The Associated Press 2012 NFL Offensive Rookie of the Year award.From a brilliant rookie class, RG3 was a strong winner Saturday night in voting by a nationwide panel of 50 media members who regularly cover the league.Griffin, who underwent knee surgery last month, says, "It's truly...
How 3D Printers Could Build Futuristic Moon Colony
Labels: WorldThis story was updated at 4:55 p.m. ET.The technology behind 3D printing has allowed users to craft musical instruments and prosthetic limbs, and now European scientists are taking a serious look at printing their own moon base.The European Space Agency (ESA) study is investigating how practical constructing a manned base on the moon only using 3D printing technology could be, given that it would...
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:...
More Northwestern football coming to Wrigley
Labels: Health After years of flirting, the Cubs and Northwestern will take their relationship to the next level Tuesday when they announce...
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; Dow ends above 14,000
Labels: WorldNEW YORK (Reuters) - Stocks rose to five-year highs on Friday, with the Dow closing above 14,000 for the first time since October 2007, after jobs and manufacturing data showed the economy's recovery remains on track. The S&P touched its highest since December 2007 after a 5 percent gain in January, which was its best start to a year since 1997. The index is now just about 60 points...
NFL's Goodell aims to share blame on player safety
Labels: TechnologyNEW ORLEANS (AP) — NFL Commissioner Roger Goodell wants to share the blame."Safety," he said at his annual Super Bowl news conference, "is all of our responsibilities."Not surprisingly, given that thousands of former players are suing the league about its handling of concussions, the topics of player health and improved safety dominated Goodell's 45-minute session Friday. And he often sounded like...
News summary: Chevron profit soars on asset swap
Labels: WorldENERGETIC EARNINGS: Chevron Corp. posted a 41 percent rise in net income for the fourth quarter. The company’s refinery operations improved over last year as input costs fell while prices it fetched for the fuels it produced rose.OUTPUT UP: Oil and gas production rose slightly from a year earlier. It jumped 6 percent since the third quarter.CASH RICH: Chevron ended the quarter with $ 21 billion in...
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:...
Authorities close 'sex trafficking house of horrors'
Labels: Health Cook County prosecutors announced charges today in connection with a sex trafficking ring in suburban Schiller Park that preyed...
Mexico blast kills at least 33, flagging Pemex safety woes
Labels: BusinessMEXICO CITY (Reuters) - Rescue workers pulled out more bodies from debris at the headquarters of Mexican state oil giant Pemex on Friday after a powerful explosion killed at least 33 people and threw a spotlight onto the state-run company's poor safety record. Scenes of confusion and chaos outside the downtown tower block in Mexico City have dealt another blow to Pemex's image, just as...
Jan
31
S&P 500 posts biggest monthly gain since October 2011
Labels: WorldNEW YORK (Reuters) - Stocks edged lower on Thursday on caution ahead of Friday's all-important jobs report, but the S&P 500 still posted its best monthly gain since October 2011. The benchmark S&P 500 advanced 5.1 percent in January as investors cheered a compromise that temporarily postponed the impact of the "fiscal cliff" and fourth-quarter earnings were better than expected....
Black ex-coaches say NFL's Rooney Rule is broken
Labels: TechnologyNEW ORLEANS (AP) — Three black former NFL head coaches say the league needs to rethink its Rooney Rule for promoting minority hiring after 15 top vacancies — eight head coaching jobs and seven general manager positions — were all filled by white candidates since the regular season ended a month ago."I know the concept is good and something we need to do," said Tony Dungy, who was with the Indianapolis...
Op-Ed: Why the Fight Against Climate Change Must Begin in College
Labels: WorldWe are running out of time. While our public policy makers equivocate and avoid the topic of climate change, the window of opportunity for salvaging a livable planet for our children and grandchildren is rapidly closing.The way forward is clear, though for many confrontation-averse academics the path seems impassable. It requires action that is unnatural to the scientifically initiated: to fight to...
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...
First food truck gets Chicago license
Labels: Health More than six months after the Chicago City Council legalized cooking onboard food trucks, the city on Thursday issued its first...
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