"Great Rotation"- A Wall Street fairy tale?

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...

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Culliver to have sensitivity training, help youth

NEW ORLEANS (AP) — San Francisco 49ers cornerback Chris Culliver will begin sensitivity training and education immediately after the Super Bowl following his anti-gay remarks this week, then likely start volunteer work with at-risk homosexual youth nationwide.Culliver is scheduled to begin working with "The Trevor Project," an organization that provides crisis and suicide intervention to lesbian,...

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The business of weather watching gets a phone app

NORMAN, Oklahoma (Reuters) – Weather research is taking a new turn that scientists hope will lead to better forecasts in the not-too-distant future.The linchpin of the effort is a free smartphone app.The National Severe Storms Laboratory (NSSL) wants volunteers to download the app to their iPhones or Androids to provide on-the-scene storm reports with a few taps on a screen.The information is important...

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Hillary: Secretary of empowerment

Girls 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:...

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Turkey says tests confirm leftist bombed U.S. embassy

ISTANBUL (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...

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Wall Street surges to five-year highs; Dow ends above 14,000

NEW 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...

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NFL's Goodell: Proper tackling, HGH key issues

NEW ORLEANS (AP) — NFL Commissioner Roger Goodell says the league needs to make football safer by doing more to eliminate blows to the head and knees and by suspending players for illegal hits.During his annual news conference two days before the Super Bowl, Goodell also said Friday he wants a "new generation" of the Rooney Rule because "we didn't have the outcomes we wanted" when none of 15 recent...

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Blimps to bolster Washington’s air shield in test

WASHINGTON (Reuters) – A pair of big, blimp-like craft, moored to the ground and flying as high as 10,000 feet, are to be added to a high-tech shield designed to protect the Washington D.C. area from air attack, at least for a while.The bulbous, helium-filled “aerostats” – each more than three quarters the length of a football field at 243 feet – are to be stitched into existing defenses as part of...

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Hillary: Secretary of empowerment

Girls 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:...

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Reward increased to $30,000 in Hadiya Pendleton slaying

The best friend of Hadiya Pendleton talks about the moments before her friend was shot in Chicago on January 31, 2013. (Heather Charles, Chicago Tribune) ...

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