"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January. Late-stage bull markets...

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NFL's Goodell aims to share blame on player safety

NEW ORLEANS (AP) — NFL Commissioner Roger Goodell wants to share the blame."Safety," he said at his annual Super Bowl news conference, "is all of our responsibilities."Not surprisingly, given that thousands of former players are suing the league about its handling of concussions, the topics of player health and improved safety dominated Goodell's 45-minute session Friday. And he often sounded like...

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Biofuel stocks rise after EPA boosts mandate

NEW YORK (AP) — Shares of biofuels and ethanol companies surged Friday after the government proposed increasing required use of renewable fuels.The Environmental Protection Agency standards would require production of 14 million gallons of cellulosic biofuels made from grasses and woody material. The EPA wanted 8.7 million gallons in 2012, but actual production was near zero. Currently most ethanol...

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Hillary: Secretary of empowerment

Girls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.STORY HIGHLIGHTSDonna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for presidentShe says as secretary she expanded foreign policy to include effect on regular people She says she was first secretary of state to focus on empowering women and girlsBrazile:...

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Shootings leave 1 dead, 3 hurt

Three shootings in the city since Friday night have left a 21-year-old man dead and three people hurt, Chicago police said.The...

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Turkish leftist group claims U.S. embassy bombing: website

ISTANBUL (Reuters) - A Turkish leftist group claimed responsibility on Saturday for a suicide bomb attack on the U.S. embassy and accused Washington of using Turkey as its "slave", according to a statement posted on the internet. The Revolutionary People's Liberation Army-Front (DHKP-C) said it carried out Friday's attack, in which a suicide bomber detonated explosives strapped to his...

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S&P 500 rises one percent as Wall Street rallies

NEW YORK (Reuters) - U.S. stocks hit five-year highs with each of the three major indexes up at least 1 percent on Friday, after jobs and manufacturing data showed the economy's sluggish recovery is still on track. The Dow Jones industrial average <.dji> gained 139.22 points, or 1.00 percent, to 13,999.80. The Standard & Poor's 500 Index <.spx> rose 15.04 points, or 1.00...

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Goodell says he welcomes Obama's remarks on safety

NEW ORLEANS (AP) — NFL Commissioner Roger Goodell says the league will look at eliminating certain low blocks and improve the quality of playing fields as part of a program to improve player safety.In his annual message on the state of the league two days before Sunday's Super Bowl, Goodell said neurosurgeons will also be added to game day medical staffs.Goodell pledged to pioneer new approaches to...

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US says warming climate threatens survival of snow-loving wolverine

BILLINGS, Mont. – The tenacious wolverine, a snow-loving carnivore sometimes called the “mountain devil,” is being added to the list of species threatened by climate change — a dubious distinction that puts it in the ranks of the polar bear and several other animals that could see their habitats shrink drastically due to warming temperatures.U.S. wildlife officials on Friday will propose Endangered...

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Hillary: Secretary of empowerment

Girls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.STORY HIGHLIGHTSDonna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for presidentShe says as secretary she expanded foreign policy to include effect on regular people She says she was first secretary of state to focus on empowering women and girlsBrazile:...

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March planned for Hadiya Pendleton; reward increased to $30K

As community members made ready to march in memory of Hadiya Pendleton today, officials announced the reward for information...

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Suicide bomber kills guard at U.S. embassy in Turkey

ANKARA (Reuters) - A far-leftist suicide bomber killed a Turkish security guard at the U.S. embassy in Ankara on Friday, officials said, blowing open an entrance and sending debris flying through the air. The attacker detonated explosives strapped to his body after entering an embassy gatehouse. The blast could be heard a mile away. A lower leg and other human remains lay on the street....

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Wall Street dips on profit taking, Friday data eyed

NEW YORK (Reuters) - Stocks edged lower on Thursday as investors took profit after a mixed bag of economic data, while stellar earnings from Qualcomm helped buoy the Nasdaq. Even with the retreat, the S&P 500 is on track to post its best month since October 2011 and its best start to a year since 1997. Investors are expecting a pullback in equities after recent gains,...

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49ers' Culliver apologizes for anti-gay remarks

NEW ORLEANS (AP) — San Francisco 49ers cornerback Chris Culliver apologized Thursday for anti-gay comments he made to a comedian during Super Bowl media day, saying "that's not what I feel in my heart.""I'm sorry if I offended anyone. They were very ugly comments," Culliver said during an hour-long media session. "Hopefully I learn and grow from this experience and this situation."He said he would...

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Power outages in U.S. Northeast after blustery rainstorm

CONWAY, Massachusetts (Reuters) – Rain and high winds lashed U.S. Northeast and mid-Atlantic states early Thursday, knocking out power to more than 330,000 homes and businesses bracing for a coming snowstorm.Gusty winds of up to 77 miles per hour battered parts of New England and a high wind advisory remains in effect until 6 p.m. for northern Connecticut, most of Massachusetts, and southern New Hampshire,...

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Fear and loathing in Egypt's Port Said

Behind the maskScales of justiceMoment of truthFans celebrate Armed and readyRally at the clubPortrait of the deadACABDown with MorsiArmy in controlPort Said women protestAl Masry ultrasThe sound of machine gunsAftermathProtestShots firedEmpty standsHarrowing reminder<<<123456789101112131415161718>>>STORY HIGHLIGHTSChaos erupted in Egypt after 21 people were sentenced to death following...

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Slain girl made anti-gang video

The sixth-grader can barely keep from smiling, self-conscious in front of the camera as she delivers a very serious message."Hi,...

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Syria warns of "surprise" response to Israel attack

BEIRUT/AMMAN (Reuters) - Syria warned on Thursday of a possible "surprise" response to Israel's attack on its territory and Russia condemned the air strike as an unprovoked violation of international law. Damascus could take "a surprise decision to respond to the aggression of the Israeli warplanes", Syrian ambassador to Lebanon Ali Abdul-Karim Ali said a day after Israel struck against...

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