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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Saban: Alabama players must put aside 'clutter'

MIAMI (AP) — Two days after team leaders held a players-only meeting, Alabama coach Nick Saban says the Crimson Tide's performance in Monday's BCS championship against Notre Dame will show a lot about whether his players have put aside the "clutter" that comes with their success."You fight against human nature a little bit," Saban said Saturday at media day for the title game.In the past, Saban has...
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Mars Rover Curiosity Finds Martian ‘Flower’ and Snake-Like Rock

New photos of Mars from NASA‘s Curiosity rover have sparked a buzz of discussion over an odd formation that some have dubbed a “flower” embedded in a Martian rock. The rover has also found a snake-like rock formation winding across the Red Planet’s surface.The so-called Mars “flower” photo was snapped on Dec. 19 by the microscope-like Mars Hand Lends Imager at the end of Curiosity’s robotic arm. At...
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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, is 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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Chavez swearing-in can be delayed: Venezuelan VP

CARACAS (Reuters) - President Hugo Chavez's formal swearing-in for a new six-year term scheduled for January 10 can be postponed if he is unable to attend due to his battle to recover from cancer surgery, Venezuela's vice president said on Friday. Nicolas Maduro's comments were the clearest indication yet that the Venezuelan government is preparing to delay the swearing-in while avoiding...
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Jan
04

Wall Street mixed following jobs, ISM data reports

NEW YORK (Reuters) - Stocks firmed on Friday after a jobs report showed the pace of hiring met expectations by easing slightly in December, but gave indications of momentum in the labor market recovery. The market also reacted modestly to data from the Institute for Supply Management, which showed the U.S. service sector grew at its fastest pace in 10 months in December, boosted by a...
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Chiefs, GM Pioli part ways after 4 seasons in KC

KANSAS CITY, Mo. (AP) — Scott Pioli is out as general manager of the Kansas City Chiefs, who have been negotiating the past two days with Andy Reid to become their next coach.Pioli and the team "mutually parted ways," the Chiefs said in a statement Friday. The decision came after four tumultuous seasons marked by poor draft choices, ineffective free-agent moves, failed coaching hires and a growing...
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What Does the Fiscal Deal Mean for Science?

The deal that lawmakers and the White House finalized late Tuesday (Jan. 1) to avert going over the fiscal cliff leaves science agencies in limbo, delaying a decision on budget cuts for two more months.The agreement does, however, reduce the potential impact of these cuts.“I am hopeful they will find a deal that spares the worst of these cuts, that takes a much more balanced approach,” said Matt Hourihan...
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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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Judge: No felony for dad in Facebook posting

A Cook County judge today reversed himself, reducing the conviction to a misdemeanor for a dad who posted a Facebook photo of...
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Damascus blames "terrorists" for petrol station blast

BEIRUT (Reuters) - Syria on Friday said a car bomb at a crowded petrol station in Damascus on Thursday night was set off by "terrorists", a term it uses for rebels seeking to topple President Bashar al-Assad. The bomb killed 11 people and wounded 40 at a station packed with Syrians queuing for fuel, which has become scarce in the 21-month insurgency against Assad, in the second petrol...
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Jan
03

Wall Street rises after post-cliff deal rally

NEW YORK (Reuters) - Stocks edged up on Thursday, adding to Wall Street's biggest single-day rally in a year on Wednesday after a deal in Washington to avert the "fiscal cliff." Investors were more wary than in the previous sessions as they turned their focus to upcoming battles in Congress, including likely bitter fights over spending cuts and raising the federal debt ceiling. ...
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NHL, union resume talks in hopes to save season

NEW YORK (AP) — After a long night of talks, the NHL and the union are returning to negotiations — just later than expected.The sides were supposed to meet at the league office Thursday at 10 a.m. EST. That, however, did not happen. The Players Association said it was updating its members on negotiations.Players and union staff began arriving at NHL headquarters a little before a 1 p.m., although...
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W.Va. gas prices climb 5 cents a gallon

CHARLESTON, W.Va. (AP) — Gasoline prices in West Virginia continue to climb.Motorists in the state are paying an average of about $ 3.43 for a gallon of regular gas this week, a nickel more than a week ago.AAA East Central says the year ended with an annual national average of $ 3.60 per gallon, topping last year’s record-setting price by nine cents.This week’s average price in West Virginia is well...
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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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Major step: Kirk returns to Senate

WASHINGTON — ...
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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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