Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street. The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets. ...

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Ravens top Broncos in double OT 38-35

DENVER (AP) — No matter where his season or his career might end, Joe Flacco will always have The Fling.And Peyton Manning will always have to live with that throw he made, too.Flacco's desperation 70-yard touchdown pass to Jacoby Jones with 31 seconds left in regulation saved the game for Baltimore in regulation and Manning's throw across his body in overtime all but lost it for Denver.On a frostbitten...

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‘Nice Weather’ A Subjective Term Across Nation

By Hadas KuznitsPHILADELPHIA (CBS) – With January temperatures in the mid 50′s here in Philadelphia, many are enjoying the outdoors, but “nice weather” is a very subjective term.When temperatures hit the mid-50′s in January here in the Philadelphia area, many consider it a treat.“I think it’s beautiful! We’re loving it, it’s a great day to be down here in Philadelphia,” said one person enjoying the...

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Abandoning Afghanistan a bad idea

U.S. Marines from the 3rd Battalion 8th Marines Regiment start their patrol in Helmand Province on June 27. STORY HIGHLIGHTSWhite House aide suggested all U.S. troops could be withdrawn from AfghanistanPeter Bergen said the idea would be dangerous and send the wrong messageHe says U.S. has abandoned Afghanistan before and saw the rise of the TalibanBergen: U.S. is seeking agreement that military will...

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Aaron Swartz, Internet activist and programmer, dead at 26

Internet activist and computer prodigy Aaron Swartz, who helped create an early version of the Web feed system RSS and was facing...

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Russia rejects Assad exit as precondition for Syria deal

MOSCOW/BEIRUT (Reuters) - Russia voiced support on Saturday for international peace envoy Lakhdar Brahimi but insisted Syrian President Bashar al-Assad's exit cannot be a precondition for a deal to end the country's conflict. Some 60,000 Syrians have been killed during the 21-month-old revolt and world powers are divided over how to stop the escalating bloodshed. Government aircraft bombed...

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Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street. The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets. ...

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Rookies rule at the Sony Open

HONOLULU (AP) — Two days into his PGA Tour career, Russell Henley was on his way to breaking a record.Henley putted for birdie on every hole on his way to a second straight round of a 7-under 63, giving him a two-shot lead over fellow rookie Scott Langley among early starters Friday in the Sony Open. He was 14-under 126, which would break the 36-hole scoring record at this event by two shots."It's...

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Kodak patent sale plan gets bankruptcy court approval

NEW YORK (Reuters) – Eastman Kodak Co’s proposed $ 525 million sale of its digital imaging patents to Intellectual Ventures and RPX Corp got a bankruptcy judge’s approval on Friday, bringing the photography innovator a step closer to exiting Chapter 11.The price is a fraction of the more than $ 2 billion which Kodak had hoped to fetch for the patents when it filed for bankruptcy in January 2012. However,...

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Saudi execution: Brutal and illegal?

STORY HIGHLIGHTSSaudi authorities beheaded Rizana Nafeek, a Sri Lankan womanShe was convicted of killing a baby of the family employing her as a housemaidThis was despite Nafeek's claims that the baby died in a choking accidentBecker says her fate "should spotlight the precarious existence of domestic workers"Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of...

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Wife of former Rep. Jesse Jackson Jr. resigns from council post

Chicago Tribune political editor Eric Krol phones in to discuss the resignation of Alderman Sandi Jackson and the future of the Chicago City Council. (Posted: January 11, 2013). ...

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Obama, Karzai accelerate end of U.S. combat role in Afghanistan

WASHINGTON (Reuters) - President Barack Obama and Afghan President Hamid Karzai agreed on Friday to speed up the handover of combat operations in Afghanistan to Afghan forces, raising the prospect of an accelerated U.S. withdrawal from the country and underscoring Obama's determination to wind down a long, unpopular war. Signaling a narrowing of differences, Karzai appeared to give ground...

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Wall Street climbs as China data puts S&P back at five-year high

NEW YORK (Reuters) - Stocks rose on Thursday and the S&P 500 ended at a fresh five-year high as stronger-than-expected exports from China spurred optimism about global growth prospects. Buying accelerated late in the day after the S&P 500 broke through technical resistance at 1,466.47, which was the market's closing level last Friday and the highest level since December 2007....

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Researchers: NFL's Seau had brain disease

When he ended his life last year by shooting himself in the chest, Junior Seau had a degenerative brain disease often linked with repeated blows to the head.Researchers from the National Institutes of Health said Thursday the former NFL star's abnormalities are consistent with chronic traumatic encephalopathy, or CTE.The hard-hitting linebacker played for 20 NFL seasons with San Diego, Miami and New...

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Whew! Huge Asteroid Apophis Won’t Hit Earth in 2036

The Earth is safe from the giant asteroid Apophis when it flies extremely close to our planet in 2029, then returns for seconds in 2036, NASA scientists announced today (Jan. 10). The chances of an impact in 2036 are less than one in a million, they added.Asteroid Apophis — which is the size of three and a half football fields — was discovered in June 2004 and gained infamy after a preliminary study...

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Quest: U.S. economy to dominate Davos

The US and the sorry state of the country's political and budgetary process will be the center of attention at Davos, writes QuestSTORY HIGHLIGHTSQuest: Davos is a chance to see where the political and economic landmines are in 2013Quest: People will be speculating about how dysfunctional the US political process has becomeQuest: Davos has been consumed by eurozone sovereign debt crises for three...

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Ex-Sen. Bradley to walk Hobson down aisle to wed Lucas

Mellody Hobson, president of Ariel Investments, is the new chairman of After School Matters. ...

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String of bombings kill 101, injure 200 in Pakistan

QUETTA, Pakistan (Reuters) - At least 101 people were killed in bombings in two Pakistani cities on Thursday in one of the country's bloodiest days in recent years, officials said, with most casualties caused by sectarian attacks in Quetta. The bombings underscored the myriad threats Pakistani security forces face from homegrown Sunni extremist groups, the Taliban insurgency in the northwest...

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Wall Street rises after Alcoa reports earnings

NEW YORK (Reuters) - Stocks rose on Wednesday, rebounding from two days of losses, as investors turned their focus to the first prominent results of the earnings season. Stocks had retreated at the start of the week from the S&P 500's highest point in five years, hit last Friday, on worries about possible earnings weakness. Shares of Alcoa Inc were down 0.5 percent to...

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