NEW YORK (Reuters) - Stocks fell on Tuesday, retreating from last week's rally on the "fiscal cliff" deal in Washington, as companies started to report results for the fourth quarter. After a 4.3 percent jump in the two sessions around the close of the fiscal cliff negotiations, the S&P has declined a bit, with investors finding few catalysts to extend the rally that took the benchmark...
Saban quickly turns to challenges of 2013 season
Labels: TechnologyFORT LAUDERDALE, Fla. (AP) — It's becoming a familiar January scene for Nick Saban.The Alabama coach plastered a smile on his face for a series of posed photos next to the various trophies awarded to college football's national champions and then proceeded to talk about the challenges facing his team.Maybe Saban let the Gatorade dry from the celebratory drenching before thinking about the 2013 season....
Iran faces oil revenue problem
Labels: LifestyleBy John Defterios, CNNJanuary 8, 2013 -- Updated 1535 GMT (2335 HKT)With elections in June, it remains unclear how energy policy will evolve after President Mahmoud Ahmadinejad's eraSTORY HIGHLIGHTSThe IEA has suggested Iraq surpassed Iran in output for the first time in over 20 yearsThe Iranian people are faced with spiralling inflation and job layoffs within the state sectorIranian oil revenues...
NTSB says damage to Dreamliner in fire 'severe'
Labels: Health The National Transportation Safety Board said Tuesday that the battery aboard a Japan Airlines Co. 787 jet that caught fire...
U.S. does not rule out complete pullout from Afghanistan after 2014
Labels: BusinessWASHINGTON (Reuters) - The Obama administration does not rule out a complete withdrawal of U.S. troops from Afghanistan after 2014, the White House said on Tuesday, just days before President Barack Obama is due to meet Afghan President Hamid Karzai. The comments by U.S. Deputy National Security Adviser Ben Rhodes were the first signal that, despite initial recommendations by the top...
Jan
07
Wall Street edges off five-year high, awaits earnings
Labels: WorldNEW 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...
Redskins' RG3 to have more tests on ACL
Labels: TechnologyASHBURN, Va. (AP) — Robert Griffin III will get more tests on his injured right knee after an MRI proved inconclusive because of a previous ACL tear.Washington Redskins coach Mike Shanahan said Monday that the rookie quarterback will travel Tuesday to see orthopedist James Andrews for more examinations.Griffin tore his ACL while playing at Baylor in 2009, and Shanahan said sometimes an old injury...
Mock Mars trek finds down-to-Earth sleep woes
Labels: WorldWASHINGTON (AP) — Astronauts have a down-to-Earth problem that could be even worse on a long trip to Mars: They can’t get enough sleep. And over time, the lack of slumber can turn intrepid space travelers into drowsy couch potatoes, a new study shows.In a novel experiment, six volunteers were confined in a cramped mock spaceship in Moscow to simulate a 17-month voyage. It made most of the would-be...
Many French aghast at Depardieu exit
Labels: LifestyleSTORY 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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