NEW YORK (Reuters) - Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now. Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock...
Azarenka beats Li, defends Australian Open title
Labels: TechnologyMELBOURNE, Australia (AP) — Victoria Azarenka had the bulk of the crowd against her. The fireworks were fizzling out, and when she looked over the net she saw Li Na crashing to the court and almost knocking herself out.Considering the cascading criticism she'd encountered after her previous win, Azarenka didn't need the focus of the Australian Open final to be on another medical timeout.So after defending...
Secret Painting in Rembrandt Masterpiece Coming into View
Labels: WorldScientists may be one step closer to revealing a hidden portrait behind a 380-year-old Rembrandt painting.The masterpiece, “Old Man in Military Costume” by Dutch painter Rembrant Harmenszoon van Rijn, resides at the J. Paul Getty Museum in Los Angeles. Scientists had noticed the painting bears faint traces of another portrait beneath its surface. Researchers had previously probed the painting with...
Can sanctions deter North Korea?
Labels: LifestyleKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong...
Family friend of shooting victim: 'We need to get guns off the street'
Labels: HealthAt the north end of the 1100 block of South Mozart Street in the Lawndale neighborhood, two people were shot. One also died there, police said. (Posted Jan. 26th, 2013) ...
Riots over Egyptian death sentences kill at least 32
Labels: BusinessPORT SAID, Egypt/CAIRO (Reuters) - At least 32 people were killed on Saturday when Egyptians rampaged in protest at the sentencing of 21 people to death over a soccer stadium disaster, violence that compounds a political crisis facing Islamist President Mohamed Mursi. Armored vehicles and military police fanned through the streets of Port Said, where gunshots rang out and protesters burned...
Jan
25
Wall Street Week Ahead: Bears hibernate as stocks near record highs
Labels: WorldNEW YORK (Reuters) - Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now. Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock...
Armstrong to help "clean up cycling"
Labels: TechnologyAUSTIN, Texas (AP) — An attorney for Lance Armstrong told the U.S. Anti-Doping Agency the cyclist will cooperate with efforts to "clean up cycling," though it's the sport's governing body and world anti-doping officials who should take the lead.In letters sent this week between attorneys for Armstrong and USADA, and obtained by The Associated Press, USADA attorney William Bock requested Armstrong...
NASA’s Next Space Telescope Coming Together, Piece by Piece
Labels: WorldREDONDO BEACH, Calif. — NASA‘s James Webb Space Telescope is one of the most intricate and powerful observatories ever devised.Almost immediately after launching into space in 2018, James Webb Space Telescope will begin the slow process of unfolding from its clamshell configuration into the most sensitive infrared instrument of its kind yet built. The telescope will then begin peering deep into...
Where is aid for Syria going?
Labels: LifestyleSTORY HIGHLIGHTSThe U.S. ambassador to Syria says the U.S. has provided $210 million in humanitarian aidThe assistance has to be discrete, he said, to protect workers from being targetedWashington has also provided $35 million worth of assistance to Syria's political oppositionAmbassador: We can help, but it's up to Syrians to find their way forward(CNN) -- It has been more than a year since the United...
Egypt deploys troops in Suez after 9 killed on anniversary of uprising
Labels: BusinessCAIRO/ISMAILIA, Egypt (Reuters) - Egypt's armed forces deployed troops in the city of Suez early on Saturday after nine people were shot dead during nationwide protests against President Mohamed Mursi, underlining the country's deep divisions as it marked the second anniversary of the uprising that toppled Hosni Mubarak. Eight of the dead, including a policeman, were shot dead in Suez,...
Jan
24
S&P rises for seventh day but 1,500 too steep a climb
Labels: WorldNEW YORK (Reuters) - The smallest of gains gave the Standard & Poor's 500 its seventh straight winning day on Thursday, but the index failed to hold above the 1,500 line, restrained by Apple's worst day in more than four years. Apple Inc slid 12.4 percent to $450.50 a day after it posted revenue that missed Wall Street's forecast as iPhone sales were poorer than expected. ...
Voice of Te'o prankster? Couric plays voicemails
Labels: TechnologyNEW YORK (AP) — The person Manti Te'o says was pretending to be his online girlfriend told the Notre Dame linebacker "I love you" in voicemails that were played during his interview with Katie Couric.Taped earlier this week and broadcast Thursday, the hour-long talk show featured three voicemails that Te'o claims were left for him last year. Te'o said they were from the person he believed to be Lennay...
Should Cigarettes Be Illegal?
Labels: WorldA proposed bill in Oregon to make the possession of cigarettes illegal is well-intended, but from a practical standpoint, it’s unlikely to happen, bioethicists and public health experts say.The ban, sponsored by State Rep. Mitch Greenlick of Portland, would make nicotine a controlled substance, and says possessing more than 0.1 milligrams would be illegal, punishable by a year in prison or a $ 6,250...
Neanderthal cloning? Pure fantasy
Labels: LifestyleA display of a reconstruction of a Neanderthal man and boy at the Museum for Prehistory in Eyzies-de-Tayac, France.STORY HIGHLIGHTSArthur Caplan: It would be unethical to try and clone a Neanderthal baby Caplan: Downsides include a good chance of producing a baby that is seriously deformedHe says the future belongs to what we can do to genetically engineer and control microbesCaplan: Microbes can...
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