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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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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House chooses Boehner as speaker

WASHINGTON (Reuters) - Despite a rocky few weeks during the "fiscal cliff" fight, John Boehner won re-election as speaker of...

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Syria rebels in push to capture air base

AZAZ, Syria (Reuters) - Rebels battled on Thursday to seize an air base in northern Syria, part of a campaign to fight back against the air power that has given President Bashar al-Assad's forces free rein to bomb rebel-held towns. More than 60,000 people have been killed in the 21-month-old uprising and civil war, the United Nations said this week, sharply raising the death toll estimate...

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"Cliff" deal drives Wall Street rally to start new year

NEW YORK (Reuters) - U.S. stocks kicked off the new year with their best day in over a year on Wednesday, sparked by relief over a last-minute deal in Washington to avert the "fiscal cliff" of tax hikes and spending cuts that threatened to derail the economy's growth. In 2013's first trading session, the S&P 500 achieved its biggest one-day gain since December 20, 2011, pushing the...

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