Jan
05

"Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week. Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current...
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Here, Bella! Top Pet Names for 2012

Move over, Rover, there’s a new top dog in town, and her name is Bella. For 2012, the “Twilight Saga”-inspired moniker was the most popular for dogs and second-most popular for cats, according to a survey by one veterinary organization. For dogs, Max took second place.The survey gathered names of 2.5 million dogs and cats at the Banfield Pet Hospital, a veterinary network in Portland, Ore.The top...
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PGA Tour's season opener delayed again

KAPALUA, Hawaii (AP) — For those who think the PGA Tour season never ends, here's a new twist: This one can't get started.The season-opening Tournament of Champions was postponed for the second straight day because of gusts that topped 40 mph and made it impossible to play golf. Unlike the previous day when 24 players managed to tee off, no one hit a shot Saturday on the Plantation Course at Kapalua."We...
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Storm over Depardieu's 'pathetic' move

STORY HIGHLIGHTSRussian President Vladimir Putin has bestowed Russian citizenship on actor Gérard DepardieuFor Depardieu, a public war of words erupted, with many in France disgusted by his moveDepardieu more than anyone, represents the Gallic spirit, says Agnes PoirierMajority of French people disapprove of his action but can't help loving him, she addsAgnes Poirier is a French journalist and political...
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Jail escapee appears in court, ordered held without bond

Chicago Tribune reporter Jason Meisner on the recent arrest of Kenneth Conley, a convicted bank robber who escaped from federal jail in December. (Posted on: Jan. 4, 2013.) ...
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Venezuela lawmakers elect Chavez ally as Assembly chief

CARACAS (Reuters) - Venezuelan lawmakers re-elected a staunch ally of Hugo Chavez to head the National Assembly on Saturday, putting him in line to be caretaker president if the socialist leader does not recover from cancer surgery. By choosing the incumbent, Diosdado Cabello, the "Chavista"-dominated legislature cemented the combative ex-soldier's position as the third most powerful...
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Jan
04

S&P 500 finishes at 5-year high on economic data

NEW YORK (Reuters) - The benchmark Standard & Poor's 500 index ended at a five-year high on Friday, lifted by reports showing employers kept up a steady pace of hiring workers and the vast services sector expanded at a brisk rate. The gains on the S&P 500 pushed the index to its highest close since December 2007 and its biggest weekly gain since December 2011. Most...
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Sumatran Tigers Finally Mate at National Zoo

Fewer than 400 Sumatran tigers are left in the wild, and as their numbers continue to dwindle, zoos are turning to captive breeding as a way to conserve the critically endangered species.But captive cats don’t always approach mating as if the survival of their species depends on it. That’s why the Smithsonian’s National Zoo excitedly announced this week that its two Sumatran tigers, Kavi and Damai,...
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Reid arrives in KC, nears deal to become coach

KANSAS CITY, Mo. (AP) — Andy Reid arrived in Kansas City on Friday, and the Chiefs are close to making an official announcement that he will become their next coach.Reid and the Chiefs have reportedly agreed to a deal giving the longtime Eagles coach broad authority over football decisions. His deal came hours after the Chiefs announced they had parted with general manager Scott Pioli after four tumultuous...
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Myanmar: Evolution, not revolution

Tourists walk around the Shwedagon Pagoda in Yangon in April. The tourism industry is set for expansion.STORY HIGHLIGHTSMyanmar is undergoing incremental change, welcomed by all, says Parag KhannaBut he says people still tread lightly, careful not to overstep or demand too muchMyanmar has survived succession of natural and man-made ravages, Khanna addsWith sanctions lifted, foreign investment is now...
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McHenry County judge picked for Vanecko case

McHenry County Judge Maureen P. McIntyre was selected today to preside over the politically charged involuntary manslaughter...
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Abbas sees Palestinian unity as Fatah rallies in Gaza

GAZA (Reuters) - President Mahmoud Abbas predicted the end of a five-year split between the two big Palestinian factions as his Fatah movement staged its first mass rally in Gaza with the blessing of Hamas Islamists who rule the enclave. "Soon we will regain our unity," Abbas, whose authority has been limited to the Israeli-occupied West Bank since the 2007 civil war between the two factions,...
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Jan
03

Fed minutes short-circuit Wall Street rally

NEW YORK (Reuters) - U.S. stocks dipped on Thursday after signs the Federal Reserve has growing concern about its highly stimulative monetary policy, giving investors reason to pull back after a two-day rally. The minutes from the Fed's December policy meeting, released on Thursday, showed increasing reticence about adding to the central bank's $2.9 trillion balance sheet, which it expanded...
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Neil Armstrong’s First Words: One Small Fib or Giant Leap by Brother?

Were Neil Armstrong‘s historic first words spoken on the moon pre-scripted or, as the late astronaut long held, ad-libbed on the spot?Armstrong, on becoming the first person to set foot onto another planetary body on July 20, 1969, radioed back to Earth, “That’s one small step for (a) man, one giant leap for mankind.” His quote instantly became a part of history. (The “a” wasn’t audible in the broadcast...
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NHL, union briefly resume labor talks

NEW YORK (AP) — After a long night of talks, the NHL and the union returned to the bargaining table, but not for long.The sides met at the league office Thursday about three hours later than scheduled. The players' association said it had been updating members on negotiations.Players and union staff began arriving at NHL headquarters a little before 1 p.m. EST, although executive director Donald Fehr...
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Why U.S. lives under the shadow of 'W'

Julian Zelizer says former President George W. Bush's key tax and homeland security policies survive in the age of ObamaSTORY HIGHLIGHTSJulian Zelizer: For all the criticism Bush got, two key policies have survivedHe says fiscal cliff pact perpetuates nearly all of Bush's tax cutsObama administration has largely followed Bush's homeland security policy, he saysZelizer: By squeezing revenues, Bush...
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