NEW YORK (Reuters) - The S&P 500 ended nearly flat on Wednesday as solid earnings from two major banks and a bounceback in Apple shares offset concerns about a lower forecast for global growth in 2013. Shares of Goldman Sachs hit their highest since May 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses. JPMorgan Chase said fourth-quarter...
Hawaiian Lava Lake Hits New Record High
Labels: WorldThe orange glow atop Hawaii’s Mount Kilauea was a little stronger yesterday (Jan. 15) than it has been in recent weeks. The volcano’s lava lake lapped over the inner ledge of its vent, reaching a new high and bring molten rock closer than ever to the floor of Halema’uma’u crater.The level was about 80 feet (25 meters) below the crater floor, the highest level reached since the summit vent blasted...
Eagles get their man, hire Oregon's Chip Kelly
Labels: TechnologyPHILADELPHIA (AP) — In the end, Chip Kelly chose the NFL, giving the Eagles their guy.Philadelphia hired Kelly on Wednesday, just 10 days after he decided to stay at Oregon. The 49-year-old Kelly, known as an offensive innovator, becomes the 21st coach in team history and replaces Andy Reid, who was fired on Dec. 31 after a 4-12 season.He'll be introduced at a news conference Thursday at 1:30 p.m....
Gruesome toll of cluster bombs in Syria
Labels: LifestyleSTORY HIGHLIGHTSHuman Rights Watch says cluster bombs were used on Syrian town of LatamnehCluster bombs release dozens of smaller bombs, which can maim or kill long after impactSyrian regime has previously denied cluster bombs on civiliansEditor's note: Mary Wareham is the Arms Division's Advocacy Director for Human Rights Watch and chief editor of 'Cluster Munition Monitor 2012.' (CNN) -- It was...
Obama unveils biggest gun-control push in decades
Labels: HealthAt the White House earlier today President Obama unveiled a set of gun control measures intended to prevent and reduce violence in the wake of the massacre at Sandy Hook Elementary School in Newtown, CT. (Posted: January 16, 2013). ...
Dozens held after Islamists attack Algerian gas field
Labels: BusinessALGIERS (Reuters) - Islamist militants attacked a gas field in Algeria on Wednesday, claiming to have kidnapped up to 41 foreigners including seven Americans in a dawn raid in retaliation for France's intervention in Mali, according to regional media reports. The raiders were also reported to have killed three people, including a Briton and a French national. An al Qaeda...
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Dow, S&P 500 inch up with retailers but Apple drags again
Labels: WorldNEW YORK (Reuters) - The Dow and S&P 500 edged higher on Tuesday after stronger-than-expected retail data, though tech heavyweight Apple dragged on the market for a third day. Apple was the biggest weight on both the S&P 500 and Nasdaq 100 <.ndx> after reports on Monday of cuts to orders for iPhone parts. Shares declined 3.2 percent to $485.92 and closed below $500 for...
Winfrey says Armstrong interview 'intense'
Labels: TechnologyAUSTIN, Texas (AP) — "Emotional" doesn't come close to describing Lance Armstrong's conversation with Oprah Winfrey — an interview that included his confession about using performance-enhancing drugs to win seven Tour de France titles, Winfrey said Tuesday.She recounted her session with Armstrong on "CBS This Morning" and promoted what has become a two-part special on her OWN network, even while international...
Are gun curbs just symbolism?
Labels: LifestyleSTORY HIGHLIGHTSGun violence recommendations are expected from Vice President Biden on TuesdayThe proposals are expected to contain substantive and symbolic ideas to curb gun violencePresidents use symbolism to shift public opinion or affect larger political or social changeWashington (CNN) -- The pictures told the story: Vice President Joe Biden looked solemn, patrician and in control as he sat at...
Facebook adding search feature
Labels: HealthChicago Tribune social media editor Scott Kleinberg discusses the new search feature that Facebook revealed today. (Posted on: Jan. 15, 2013) ...
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