Jan
26

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

NEW YORK (Reuters) - 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 stock...
Read More..

Azarenka secures back-to-back Australian titles

MELBOURNE, Australia (AP) — Victoria Azarenka won her second consecutive Australian Open title, beating Li Na 4-6, 6-4, 6-3 in a dramatic final that contained a break for fireworks, two medical timeouts and a nasty fall to the court by Li.The Chinese star first tumbled to the court after twisting her left ankle in the fifth game of the second set and had it taped.On the first point after a 10-minute...
Read More..

Year of the Comets: 2 Dazzling Comets Heading Our Way

The year 2013 may someday be known as “the year of the comets.” If all goes well we may see two of the brightest comets in many years, and possibly one of the brightest in history.However, astronomers are being very cautious in their predictions because of past disappointments. As comet specialist David Levy says, “Comets are like cats; they have tails, and they do precisely what they want.”Once thought...
Read More..

Can sanctions deter North Korea?

Kim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong...
Read More..

3 dead, 2 wounded in pair of early morning shootings

Photo: Three men were shot outside of a diner in the Bridgeport neighborhood ...
Read More..

At least 16 die in Egyptian clashes over death sentences

PORT SAID/CAIRO (Reuters) - At least 16 people died in a rampage by protesters angry at the sentencing of 21 people to death over a soccer stadium disaster, amid a wave of bloody unrest posing a challenge for Egypt's new Islamist rulers. Armored vehicles and military police were deployed on the streets of Port Said after the violence in the Mediterranean city on Saturday. The state news...
Read More..
Jan
25

Stock futures edge up, S&P 500 poised to extend rally

NEW YORK (Reuters) - Stock index futures gained on Friday after Procter & Gamble reported a higher quarterly profit and as the S&P 500 looked set to extend its best winning streak in more than six years. The strong start to the year has been attributed to solid corporate earnings, agreement in Washington over raising the debt limit, encouraging recovery signs in the global economy...
Read More..

Murray beats Federer, reaches Australian final

MELBOURNE, Australia (AP) — Andy Murray has beaten Roger Federer for the first time in a Grand Slam event to advance to the Australian Open final against top-ranked Novak Djokovic.Murray, who became the first British man to win a major in 76 years when he beat Djokovic in last year's U.S. Open final, missed a chance to serve for the match in the fourth set before beating Federer 6-4, 6-7 (5), 6-3,...
Read More..

The Singularity: Should We Worry?

Science fiction authors and futurists have long speculated about the Singularity: a coming technological event that transforms humanity in ways people can’t even begin to understand.The term “singularity” has been applied to many different types of developments, from accelerated technological progress to an event that suddenly disrupts the course of human history. But the most common idea of “The...
Read More..

Cantor CEO: 'Off the fiscal cliff we go'

.cnn_stryspcvh4 { position:static; }.cnn_stryspccvh6 { position:static; float:left; width:172px; font-size:10px; margin-left:130px; top:0; }.cnn_stryspccvrgebot { font-size:3px; overflow:hidden;}Part of complete coverage onBy Ramy Inocencio, for CNNJanuary 25, 2013 -- Updated 1120 GMT (1920 HKT)STORY HIGHLIGHTS'U.S. fiscal cliff still coming' in form of failure to raise debt ceiling, Cantor Fitzgerald...
Read More..

Snow expected to fall through morning rush hour

Snow started falling about 4:45 a.m. near O'Hare International Airport, jeopardizing a 335-day streak of calendar days without...
Read More..

North Korea threatens war with South over U.N. sanctions

SEOUL (Reuters) - North Korea threatened to attack rival South Korea if Seoul joined a new round of tightened U.N. sanctions, as Washington unveiled more of its own economic restrictions following Pyongyang's rocket launch last month. In a third straight day of fiery rhetoric, the North directed its verbal onslaught at its neighbor on Friday, saying: "'Sanctions' mean a war and a declaration...
Read More..
Jan
24

Stock futures drop as Apple revenue miss halts stocks rally

NEW YORK (Reuters) - Stock index futures fell Thursday as Apple slid nearly 10 percent following a revenue miss, and analysts said equities may be due for a pullback after a six-day rally for the S&P 500. Apple Inc missed Wall Street's revenue forecast for a third straight quarter after iPhone sales came in below expectations, fanning fears its dominance of consumer electronics is...
Read More..

NCAA announces problems with Miami investigation

CORAL GABLES, Fla. (AP) — The NCAA's probe of Miami's athletic compliance practices is ramping up yet again.Only this time, the Hurricanes aren't exactly the subject of the inquiry.In a bizarre twist, it's college sports' governing body itself that is being investigated after NCAA President Mark Emmert acknowledged on Wednesday "a very severe issue of improper conduct" by former investigators working...
Read More..

Is the GOP Moving to the Center? Or Just Getting Sane?

It is no secret that President Obama plans to move the country to the left, demanding “collective action” in his inaugural address to curb global warming, to buttress the middle class, to defend Medicare and Social Security, and to extend gay rights.The question is whether, behind the scenes, Republican leaders have recognized an opportunity to counter Obama’s liberalism with ever-so-slight jogs toward...
Read More..

Meet today's most ambitious women

STORY HIGHLIGHTSReport: Women in Brazil, Russia, India and China more ambitious than U.S. counterpartsExtended families, affordable childcare makes it easier for mothers to work, says authorEldercare and "daughterly guilt" are a more significant barrier than in Western worldWomen report: Assertiveness not considered feminine in China and India Editor's note: Sylvia Ann Hewlett is an economist and...
Read More..

Bulls rally to beat Pistons 85-82

As the United Center rocked and the Bulls celebrated Marco Belinelli's go-ahead, three-point play with 7.5 seconds left, Joakim...
Read More..