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...
Bama starts with bang at BCS championship game
Labels: TechnologyMIAMI GARDENS, Fla. (AP) — Eddie Lacy and No. 2 Alabama bashed No. 1 Notre Dame to start the BCS championship game, scoring touchdowns on its first three drives to take a 21-0 lead one play into the second quarter Monday night.The Crimson Tide (12-1) marched down the field with ease on the opening drive, going 82 yards on five plays to take a 7-0 lead on Lacy's 20-yard touchdown run up the middle...
Study: Billions of Earth-size planets in Milky Way
Labels: WorldLOS ANGELES (AP) — Our Milky Way is home to at least 17 billion planets that are similar in size to Earth, a new estimate suggests. That’s more than two Earth-size planets for every person on the globe.Just how many are located in the sweet spot where water could exist is “simply too early to call,” said Francois Fressin of the Harvard-Smithsonian Center for Astrophysics, who presented his work at...
Why Al Jazeera deal doesn't seem right
Labels: LifestyleSTORY HIGHLIGHTSAl Gore sold Current to al Jazeera and could net an estimated $70 millionHoward Kurtz: Gore's Current network failed to gain an identity or viewers He says it's odd that the former vice president is selling to an oil-rich potentateKurtz: Al Jazeera may have a tough time getting traction with U.S. viewersEditor's note: Howard Kurtz is the host of CNN's "Reliable Sources" and is Newsweek's...
Jan
06
Asian shares steady, Basel ruling supports banks
Labels: WorldSINGAPORE (Reuters) - Asian shares outside Japan edged up on Monday, supported by data showing the U.S. economy continuing on a path of slow but steady recovery that had pushed Wall Street stocks to a five-year high. Financial stocks were underpinned by a decision from global regulators on Sunday to give banks four more years and greater flexibility to build up cash buffers so they can...
RG3 hurt, Seattle tops Redskins 24-14 in playoffs
Labels: TechnologyLANDOVER, Md. (AP) — Russell Wilson raced ahead to throw the final block on Marshawn Lynch's go-ahead touchdown run, and the Seattle Seahawks finally had a victorious road show.Robert Griffin III's knee buckled as he tried to field a bad shotgun snap, leaving the Washington Redskins an offseason to worry about their franchise player's health.The last rookie quarterback standing in the NFL playoffs...
The Kilogram Has Gained Weight
Labels: WorldThe kilogram may need to go on a diet. The international standard, a cylinder-shaped hunk of metal that defines the fundamental unit of mass, has gained tens of micrograms in weight from surface contamination, according to a new study.As a result, each country that has one of these standard masses has a slightly different definition of the kilogram, which could throw off science experiments that require...
U.S. isn't ready for superstorms
Labels: LifestyleLong, slow recovery from Superstorm SandyLong, slow recovery from Superstorm SandyLong, slow recovery from Superstorm SandyLong, slow recovery from Superstorm SandyLong, slow recovery from Superstorm SandyLong, slow recovery from Superstorm SandyLong, slow recovery from Superstorm SandyLong, slow recovery from Superstorm SandyLong, slow recovery from Superstorm SandyLong, slow recovery from Superstorm...
House drops bills on guns, marijuana, but pension fix alive
Labels: Health SPRINGFIELD — With time running short in the lame-duck session, state lawmakers on Sunday dropped hot-button issues dealing...
Activists wary as India rushes to justice after gang rape
Labels: BusinessNEW DELHI (Reuters) - It's no surprise the Indian street wants faster, harsher justice for sexual crimes after a horrific gang rape that rocked the nation, but some activists worry the government will trample fundamental rights in its rush to be in tune with popular rage. Last month's rape of a physiotherapy student on a moving bus and her death on December 28 in hospital triggered a...
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