Jan
08

U.S. does not rule out complete pullout from Afghanistan after 2014

WASHINGTON (Reuters) - The Obama administration does not rule out a complete withdrawal of U.S. troops from Afghanistan after 2014, the White House said on Tuesday, just days before President Barack Obama is due to meet Afghan President Hamid Karzai. The comments by U.S. Deputy National Security Adviser Ben Rhodes were the first signal that, despite initial recommendations by the top...
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Jan
07

Wall Street edges off five-year high, awaits earnings

NEW YORK (Reuters) - Stocks lost ground on Monday, as investors drew back from recent gains that lifted the S&P 500 to a five-year high, in anticipation of sluggish growth in corporate profits. Shares of financial companies dipped after a group of major U.S. banks agreed to pay a total of $8.5 billion to end a government inquiry into faulty mortgage foreclosures. The KBW bank index...
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Love 'em or hate 'em, all eyes on Tide and Irish

MIAMI (AP) — Love 'em or hate 'em, it's hard to turn away from Notre Dame and Alabama.They are storied programs that stir plenty of passions, college football's North and South versions of the New York Yankees.Well, now they're facing each other for the biggest prize of all.A national championship."Having those two traditions come together in a game like this certainly creates a lot of national interest,"...
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Warm winter weather chills natural gas prices

NEW YORK (AP) — Winter officially began only a little more than two weeks ago, but already the mild weather is leading some analysts to scale back their predictions for natural gas prices, just when they might otherwise rise with the season.Strong U.S. production has held down gas prices, prompting utilities to switch some generation from coal to gas.Raymond James energy analyst J. Marshall Adkins...
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Many French aghast at Depardieu exit

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...
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No vote on Illinois House pension plan today

SPRINGFIELD— ...
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Five accused in India rape case charged in court

NEW DELHI (Reuters) - Five men accused of raping and murdering an Indian student were read the charges in a near-empty courtroom on Monday after the judge cleared out lawyers for bickering over whether the men deserved a defense. The 23-year-old physiotherapy student died two weeks after being gang-raped and beaten on a moving bus in New Delhi, then thrown bleeding onto the street. Protests...
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Jan
06

"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...
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Redskins lead Seattle 14-0 after 1st quarter

LANDOVER, Md. (AP) — Robert Griffin III threw two 4-yard touchdown passes in his first career playoff game to give the Washington Redskins a 14-0 lead over the Seattle Seahawks after the first quarter of their NFC wild-card game.Griffin capped the Redskins' only two drives of the quarter against the NFL's top-rated defense with short tosses to running back Evan Royster and tight end Logan Paulsen....
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Weather disrupts Shell efforts to free Alaska oil rig

ANCHORAGE, Alaska (Reuters) – The U.S. Coast Guard and Shell were making fresh preparations on Sunday to tow a grounded Alaska oil rig, saying crews would keep trying to connect a tow line after rough weather prevented their efforts all Saturday.According to a news release from the unified grounding response team, the aim, once the conditions are right, is to tow the rig to a sheltered bay nearby...
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