Jan
19

Analysis: Apple earnings need to overcome technical malaise

NEW YORK/SAN FRANCISCO (Reuters) - To those who study technical stock charts, Apple Inc looks broken. Even though it is widely viewed to be undervalued after hitting an 11-month low this week and nine out of 10 brokerages recommend that investors buy or hold the stock, Apple shareholders could still be in for more rough times if technical strategists are right. They note...
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The 10 Weirdest Inaugurations in US History

President Barack Obama will put his hand on a Bible for the 57th inauguration ceremony Monday (Jan. 21) and kick off his next four years in office. And while everything may come off without a hitch, inaugurations haven’t always gone smoothly. From Richard Nixon‘s parade of dead birds to Calvin Coolidge‘s impromptu inauguration, here are some of the most bizarre swearing-in days in U.S. history.Drunken...
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Armstrong's enemies find vindication, sadness

First shunned, then vilified by Lance Armstrong, Mike Anderson had to move to the other side of the world to get his life back.Now running a bike shop outside of Wellington, New Zealand, Armstrong's former assistant watched news reports about his former boss confessing to performance-enhancing drug use with only mild interest. If Anderson never hears Armstrong's voice again, it would be too soon."He...
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Why Africa backs French in Mali

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Blackhawks Game Day: Race to 3-0 lead over Kings

Blackhawks' Patrick Kane celebrates his first period goal with teammates against the Kings. ...
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Algerian army stages "final assault" on gas plant

ALGIERS/IN AMENAS, Algeria (Reuters) - The Algerian army carried out a dramatic final assault to end a siege by Islamist militants at a desert gas plant on Saturday in which 23 hostages were killed, many of them believed to be foreigners, the interior ministry said. Thirty-two al Qaeda-linked militants were killed in the army operation to recapture the complex, according to a provisional...
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Jan
18

Dow, S&P 500 end at five-year highs on early earnings beats

NEW YORK (Reuters) - The Dow and S&P 500 closed at five-year highs on Friday as the market registered a third straight week of gains on a solid start to the quarterly earnings season. Morgan Stanley was the latest Wall Street bank to report strong results. Its better-than-expected earnings followed similar report cards from Goldman Sachs and JP Morgan Chase earlier in the week....
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Anti-doping officials say Armstrong must say more

For anti-doping officials, Lance Armstrong's admission of cheating was only a start. Now they want him to give details — lots of them — to clean up his sport.Armstrong's much-awaited confession to Oprah Winfrey made for riveting television, but if the disgraced cyclist wants to take things further, it will involve several long days in meetings with anti-doping officials who have very specific questions:...
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U.S. 'needs tougher child labor rules'

Cristina Traina says in his second term, Obama must address weaknesses in child farm labor standards STORY HIGHLIGHTSCristina Traina: Obama should strengthen child farm labor standardsShe says Labor Dept. rules allow kids to work long hours for little pay on commercial farmsShe says Obama administration scrapped Labor Dept. chief's proposal for tightening rulesShe says Labor Dept. must fix lax standards...
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Autopsy today for lottery winner poisoned by cyanide

The body of poisoned lottery winner, Urooj Khan, is exhumed at Rosehill Cemetery in Chicago on Friday, Jan. 18, 2013. (John J. Kim, Chicago Tribune) ...
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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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Jan
17

Housing, job-market data push S&P to five-year high

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. Shares of chipmaker Intel rose in extended-hours trading after the company forecast better-than-expected first-quarter gross margins. Intel gained 1.85 percent after closing up 2.6 percent at...
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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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Sector Snap: Solar energy companies

NEW YORK (AP) — Shares of solar energy products companies were mixed Thursday as a Jefferies analyst said he believes the worst may be behind the sector, as far as energy policies are concerned.Analyst Scott Reynolds said in a client note that he sees growing support for national level solar programs in Europe and Asia. He noted said that diesel is still used to generate a significant portion of the...
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