Global shares, oil slip on Fed stimulus nerves

LONDON (Reuters) - World shares edged lower and the dollar rose before U.S. jobs data on Friday which investors will watch more intensely than usual after the Federal Reserve linked future stimulus to labor market performance. Minutes from the Federal Reserve's December policy meeting unsettled financial markets on Thursday by revealing some policymakers already want to slow or stop asset...

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Oregon runs past K-State 35-17 at Fiesta Bowl

GLENDALE, Ariz. (AP) — As Oregon coach Chip Kelly was about to receive the massive Fiesta Bowl trophy, Ducks fans inside University of Phoenix Stadium started a chant of "We want Chip!"Whether he returns or not is up in the air.If Kelly does head to the NFL, this was a great send off.Sparked by De'Anthony Thomas' 94-yard touchdown return on the opening kickoff, No. 5 Oregon turned the Fiesta Bowl...

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How Early Earth Kept Warm Despite Faint Sun

Collisions among molecules in early Earth’s atmosphere may have prevented our planet from freezing over eons ago, when the sun was much dimmer than it is today, keeping the world warm enough for life to emerge, scientists say.This newfound warming effect may influence what distant worlds scientists think alien life might possibly dwell on, investigators added.When the sun was young, models suggest...

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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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Firm bringing HQ to Chicago

St. Louis-based construction firm Clayco Inc. is moving its headquarters to Chicago, attracted by ease of air travel, proximity...

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Eleven dead in Damascus gas station blast

AZAZ, Syria (Reuters) - At least 11 people were killed and 40 wounded when a car bomb exploded at a crowded petrol station in the Syrian capital Damascus on Thursday, opposition activists said. The station was packed with people queuing for fuel that has become increasingly scarce during the country's 21-month-long insurgency aimed at overthrowing President Bashar al-Assad. ...

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Global shares stall, dollar up as more U.S. budget fights loom

LONDON (Reuters) - World share gains stalled and the dollar rose on Thursday as investors grew concerned about political battles looming in Washington over spending cuts, following this week's deal to avoid sharp U.S. tax hikes. The MSCI world equity index <.miwd00000pus> dipped from an 18-month high to be down 0.15 percent at 346.7 points while the dollar hit a three-week peak...

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Louisville upsets Florida 33-23 in Sugar Bowl

NEW ORLEANS (AP) — Terell Floyd and the Louisville Cardinals gave the embattled Big East Conference at least one more triumphant night in a major bowl — and at the expense of a top team from the mighty SEC.Floyd returned an interception 38 yards for a touchdown on the first play, dual-threat quarterback Teddy Bridgewater directed a handful of scoring drives and No. 22 Louisville stunned the fourth-ranked...

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APNewsBreak: Feds say delay worsened oil spill

BILLINGS, Mont. (AP) — Delays in Exxon Mobil Corp.‘s response to a major pipeline break beneath Montana’s Yellowstone River made the spill far worse than it otherwise would have been, federal regulators said.Department of Transportation investigators examining the spill said pipeline controllers in Houston could have reduced the volume of the 1,500-barrel spill by about two-thirds if they isolated...

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How Donald Trump hijacks U.S. media

STORY HIGHLIGHTSHoward Kurtz: Donald Trump said the GOP can go nuclear in budget showdownKurtz: It's remarkable that Trump draw attention no what what he saysHe says it's so easy to hijack the media in the age of Twitter Kurtz: Journalists like sexy stories but shouldn't lose focus of what's importantEditor's note: Howard Kurtz is the host of CNN's "Reliable Sources" and is Newsweek's Washington bureau...

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