NEW YORK (Reuters) - The Nasdaq composite stock index closed at a 12-year high and the S&P 500 index at a five-year high, boosted by gains in technology shares and stronger overseas trade figures. The S&P 500 also posted a sixth straight week of gains for the first time since August. The technology sector led the day's gains, with the S&P 500 technology index...
Northeast storm disrupts travel for sports teams
Labels: TechnologySeveral professional and college sports teams were forced to rearrange their travel plans as a massive storm swept through the Northeast, dumping a few feet of snow in some areas.The NBA's New York Knicks were stuck in Minnesota after playing the Timberwolves on Friday night, hoping to try to fly home sometime Saturday. The San Antonio Spurs were also staying overnight in Detroit after seeing their...
How Obama can end Congo conflict
Labels: LifestyleConflict in CongoConflict in CongoConflict in CongoConflict in CongoConflict in CongoSTORY HIGHLIGHTSPresident Obama can help end the Congo conflict for good, says Vava TampaObama has asked Rwanda to end all support to armed groups in the CongoFDLR militia gang is a threat to stability and must leave CongoObama must push for change in Congolese government, argues TampaEditor's note: Vava Tampa is...
Hadiya Pendleton funeral: 'God is our refuge'
Labels: Health The funeral of slain teen Hadiya Pendleton began today amid large crowds, long lines and heavy security prompted by the attendance...
Tunisian Islamists rally to show "power of street"
Labels: BusinessTUNIS (Reuters) - Thousands of Islamists marched in Tunis on Saturday in a show of strength, a day after the funeral of an assassinated secular politician drew the biggest crowds seen on the streets since Tunisia's uprising two years ago. About 6,000 supporters of the ruling Ennahda movement rallied to back their leader Rachid al-Ghannouchi, who was the target of angry slogans raised...
Feb
08
Market rises on data but caution settles on Wall Street
Labels: WorldNEW YORK (Reuters) - Stocks edged higher on Friday, with the benchmark S&P index hitting a five-year high after a batch of positive economic reports, but gains were capped as investors grew cautious about a further advance. Data showing stronger international trade from China and Germany and a report showing a smaller U.S. trade deficit in December were seen as encouraging signs of...
Super Bowl blackout traced to preventive equipment
Labels: TechnologyNEW ORLEANS (AP) — An electrical device that had been installed expressly to prevent a power outage caused the Super Bowl blackout, the stadium's power company said Friday as it took the blame for the outage that brought the game to a halt for more than a half-hour.Officials of Entergy New Orleans, a subsidiary of New Orleans-based Entergy Corp., said the device, called a relay, had been installed...
Why I dread Chinese New Year
Labels: LifestyleKids see Chinese New Year through rose-tinted glasses.STORY HIGHLIGHTSZoe Li: As an adult, Chinese New Year is an annual nightmareIt's a time when relatives have the right to be judgmentalSuperstitious Chinese New Year foods often aren't that tasty(CNN) -- For me, Chinese New Year used to be fun.When I was a kid, I was excited during Chinese New Year when I got lai see and I could stay up late. I...
Blizzard begins to slam Northeast
Labels: Health A blizzard blew into the northeastern United States on Friday, bringing whiteout conditions to some parts of New England and...
Violence mars funeral of slain Tunisian opposition leader
Labels: BusinessTUNIS (Reuters) - Police and mourners clashed at the mass funeral on Friday of secular opposition leader Chokri Belaid, whose assassination has plunged Tunisia deeper into political crisis. Braving chilly rain, at least 50,000 people turned out to honor Belaid in his home district of Jebel al-Jaloud in the capital, chanting anti-Islamist and anti-government slogans. It was...
Feb
07
Wall Street dips on renewed euro zone concerns
Labels: WorldNEW YORK (Reuters) - Shares fell on Thursday after the euro currency dropped against the safe-haven dollar and yen, raising worries about Europe's outlook and curbing investors' appetite for risky assets such as stocks. The euro sank after European Central Bank President Mario Draghi said the exchange rate was important to growth and price stability, which investors took as a sign the...
NFL reinstates Williams, Titans add him to staff
Labels: TechnologyNASHVILLE, Tenn. (AP) — The NFL has reinstated Gregg Williams after suspending him for his role in the New Orleans' bounty scandal, and the Titans have added him to their coaching staff.The NFL ended Williams' indefinite suspension Thursday and approved the Titans' contract hiring Williams. Tennessee also announced in the same release that Williams had been hired as a senior assistant coach for its...
Bring drones out of the shadows?
Labels: LifestyleSTORY HIGHLIGHTSJohn Brennan's confirmation hearing is a chance to ask about drone program, author saysSarah Holewinski: Brennan is one of a few officials who knows full story on dronesShe says senators need to ask about damage drone program does to civilians, U.S. reputationHolewinski: CIA should hand over drone program to Defense DepartmentEditor's note: Sarah Holewinski is executive director of...
Carmakers preview new models for 2013 Chicago Auto Show
Labels: Health The 2013 Chicago Auto Show opens Saturday, and automakers today are giving the news media a preview of models making their public debuts at the McCormick Place show.Hundreds...
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