Jan
05

"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...
Read More..

Texans lead Bengals 3-0 after 1st quarter

HOUSTON (AP) — Matt Schaub got Houston's offense out of its rut on Saturday, leading two long drives for a 3-0 lead over the Cincinnati Bengals after the first quarter of a wild-card playoff rerun from last season.Shayne Graham kicked a 48-yard field goal, and Schaub had the Texans in scoring range again as the quarter ended, a vast improvement in how Houston's offense ended the season.For the second...
Read More..

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...
Read More..

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...
Read More..

Jail escapee appears in court, ordered held without bond

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.) ...
Read More..

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...
Read More..
Jan
04

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...
Read More..

Reid arrives in KC, nears deal to become coach

KANSAS CITY, Mo. (AP) — Andy Reid arrived in Kansas City on Friday, and the Chiefs are close to making an official announcement that he will become their next coach.Reid and the Chiefs have reportedly agreed to a deal giving the longtime Eagles coach broad authority over football decisions. His deal came hours after the Chiefs announced they had parted with general manager Scott Pioli after four tumultuous...
Read More..

Gore under fire from conservatives, Jewish leaders, for selling to Al-Jazeera

WASHINGTON – American conservatives and Jewish leaders are up in arms over former vice-president Al Gore‘s sale of Current TV to Al-Jazeera, accusing the noted climate change activist of everything from hypocrisy to lining his pockets with cash from anti-Americans.Right-wing radio host Rush Limbaugh has been at the forefront of the attacks, pointing out that Gore sold his pet cable network to an Arab...
Read More..

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...
Read More..

FBI: 2nd escaped bank robber caught in Palos Hills

The second inmate who made a daring escape last month from a high-rise federal jail in the South Loop was captured today in...
Read More..

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,...
Read More..
Jan
03

Fed minutes short-circuit Wall Street rally

NEW YORK (Reuters) - U.S. stocks dipped on Thursday after signs the Federal Reserve has growing concern about its highly stimulative monetary policy, giving investors reason to pull back after a two-day rally. The minutes from the Fed's December policy meeting, released on Thursday, showed increasing reticence about adding to the central bank's $2.9 trillion balance sheet, which it expanded...
Read More..

NHL, union briefly resume labor talks

NEW YORK (AP) — After a long night of talks, the NHL and the union returned to the bargaining table, but not for long.The sides met at the league office Thursday about three hours later than scheduled. The players' association said it had been updating members on negotiations.Players and union staff began arriving at NHL headquarters a little before 1 p.m. EST, although executive director Donald Fehr...
Read More..

Lawsuit alleges horses mistreated on HBO’s ‘Luck’

LOS ANGELES (AP) — Several of the horses used on HBO‘s canceled series “Luck” were drugged, underweight and sick during production, an animal rights worker who oversaw conditions on the show alleges in a lawsuit.Barbara Casey‘s suit filed Monday says she was wrongfully fired from her post at the American Humane Association after complaining about the conditions horses faced on the show, which was...
Read More..

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...
Read More..

House chooses Boehner as speaker

The House has re-elected embattled Republican John Boehner speaker. The Ohio lawmaker won a second, two-year term as leader with 220 votes, losing just a handful of votes in the Republican-controlled chamber. (Jan. 3) ...
Read More..