Foreigners still caught in Sahara hostage crisis

ALGIERS/IN AMENAS, Algeria (Reuters) - More than 20 foreigners were still either being held hostage or missing inside a gas plant on Friday after Algerian forces stormed the desert complex to free hundreds of captives taken by Islamist militants. More than a day after the Algerian army launched an assault to seize the remote desert compound, much was still unclear about the number and...

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Housing, job data push S&P to five-year high; Intel down late

NEW YORK (Reuters) - Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks on Thursday, pushing the S&P 500 to a five-year high and its third day of gains. A pair of economic reports lifted investors' sentiment. The number of Americans filing new claims for unemployment benefits fell to a five-year low last week and housing starts jumped last month...

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Manti Te'o girlfriend's death apparently a hoax

SOUTH BEND, Ind. (AP) — Not long before Notre Dame played Michigan State last fall, word spread that Fighting Irish linebacker Manti Te'o had lost his grandmother and girlfriend within hours of each other.Te'o never missed a practice and made a season-high 12 tackles, two pass breakups and a fumble recovery in a 20-3 victory against the Spartans. His inspired play became a stirring story line for...

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NYC Museum Launches New Space Shuttle Enterprise Exhibit

NEW YORK — A floating Manhattan museum unveiled a temporary new exhibition devoted to the space shuttle Enterprise today (Jan. 17) while the prototype orbiter — NASA’s first shuttle — is being restored after a devastating storm.Called “Space Shuttle Enterprise: A Pioneer,” the exhibition debuted inside the Intrepid Sea, Air and Space Museum in response to the closure of the Enterprise pavilion after...

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Did Scientology ad cross line?

The Church of Scientology is also at fault for thinking the advertorial would survive The Atlantic readers' scrutiny, Ian Schafer says.STORY HIGHLIGHTSThe Atlantic published and pulled a sponsored Scientology "story"Ian Schafer: On several levels, the ad was a mistakeHe says the content was heavy-handed and comments were being moderatedSchafer: Experimenting to raise revenue makes sense, but standards...

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Father of alleged 'mastermind' behind Te'o girlfriend hoax reacts

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Thirty hostages reported killed in Algeria assault

ALGIERS (Reuters) - Thirty hostages and at least 11 Islamist militants were killed on Thursday when Algerian forces stormed a desert gas plant in a bid to free many dozens of Western and local captives, an Algerian security source said. Details remained scant - including for Western governments, some of which did little to disguise irritation at being kept in the dark by Algeria before...

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S&P 500 ends flat as bank profits temper growth concerns

NEW YORK (Reuters) - The S&P 500 ended nearly flat on Wednesday as solid earnings from two major banks and a bounceback in Apple shares offset concerns about a lower forecast for global growth in 2013. Shares of Goldman Sachs hit their highest since May 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses. JPMorgan Chase said fourth-quarter...

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Eagles get their man, hire Oregon's Chip Kelly

PHILADELPHIA (AP) — In the end, Chip Kelly chose the NFL, giving the Eagles their guy.Philadelphia hired Kelly on Wednesday, just 10 days after he decided to stay at Oregon. The 49-year-old Kelly, known as an offensive innovator, becomes the 21st coach in team history and replaces Andy Reid, who was fired on Dec. 31 after a 4-12 season.He'll be introduced at a news conference Thursday at 1:30 p.m....

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Soybeans gain on South American weather concern

Soybeans futures rose on concern that warmer, drier weather in South America may damage the crop there.Traders are also speculating that Brazil may struggle to meet demand for its exports in February, meaning that buyers may be forced to turn elsewhere to source their soybeans, said Tom Fritz, of the EFG Group, a commodities brokerage in Chicago. Bets on strong export demand for U.S. soybeans are...

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