Jan
26

Wall Street Week Ahead: Bears hibernate as stocks near record highs

NEW YORK (Reuters) - Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now. Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock...
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Azarenka beats Li, defends Australian Open title

MELBOURNE, Australia (AP) — Victoria Azarenka had the bulk of the crowd against her. The fireworks were fizzling out, and when she looked over the net she saw Li Na crashing to the court and almost knocking herself out.Considering the cascading criticism she'd encountered after her previous win, Azarenka didn't need the focus of the Australian Open final to be on another medical timeout.So after defending...
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Antarctic rescue mission for 3 Canadians continues as weather improves

Rescue officials say efforts to locate three Canadians missing in Antarctica will continue today as weather conditions improve.The Canadians were on a plane that went missing Wednesday during a flight from the South Pole to Terra Nova Bay.New Zealand’s Rescue Co-ordination Centre says a plane is scheduled to fly to the area today to set up a base camp about 50 kilometres from where the missing plane’s...
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Can sanctions deter North Korea?

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Fire 'rekindles' at Bridgeport warehouse

A vacant warehouse in Bridgeport continues to burn. ...
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At least 26 die in Egyptian clashes over death sentences

PORT SAID, Egypt/CAIRO (Reuters) - At least 26 people died on Saturday when Egyptians rampaged in protest at the sentencing of 21 people to death over a soccer stadium disaster, adding to bloody street turmoil confronting Islamist President Mohamed Mursi. Armored vehicles and military police fanned through the streets of Port Said after the violence. The state news agency quoted a general...
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Jan
25

Earnings lift Wall Street; S&P 500 advances for eighth day

NEW YORK (Reuters) - U.S. stocks rose on Friday as strong Procter & Gamble Co's earnings trumped weak housing numbers and helped carry the Standard & Poor's 500 index higher toward its longest winning streak in more than eight years. Procter & Gamble shares rose 3.9 percent to $73.15 and gave the biggest boost to both the Dow and S&P 500 after the world's top household...
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Murray edges Federer, reaches Australian final

MELBOURNE, Australia (AP) — Andy Murray has finally beaten Roger Federer at a Grand Slam.The U.S. Open champion beat 17-time major winner Federer 6-4, 6-7 (5), 6-3, 6-7 (2), 6-2 Friday at the Australian Open, calling it a massive confidence boost as he attempts to win his second consecutive major.Murray, who missed his chance to serve out the match at 6-5 in the fourth set, will play defending champion...
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Where is aid for Syria going?

STORY HIGHLIGHTSThe U.S. ambassador to Syria says the U.S. has provided $210 million in humanitarian aidThe assistance has to be discrete, he said, to protect workers from being targetedWashington has also provided $35 million worth of assistance to Syria's political oppositionAmbassador: We can help, but it's up to Syrians to find their way forward(CNN) -- It has been more than a year since the United...
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Wrigley rooftop owners offer to let Cubs sell ads

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North Korea threatens war with South over U.N. sanctions

SEOUL (Reuters) - North Korea threatened to attack rival South Korea if Seoul joined a new round of tightened U.N. sanctions, as Washington unveiled more of its own economic restrictions following Pyongyang's rocket launch last month. In a third straight day of fiery rhetoric, the North directed its verbal onslaught at its neighbor on Friday, saying: "'Sanctions' mean a war and a declaration...
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Jan
24

Wall Street edges up in face of Apple decline

NEW YORK (Reuters) - The Dow and S&P 500 advanced on Thursday, with the benchmark S&P index on track for its first seven-day streak of gains in over six years as solid economic data managed to outweigh a steep decline in Apple shares. Apple Inc dropped 10.4 percent to $460.69 after the technology giant missed Wall Street's revenue forecast for a third straight quarter as iPhone...
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Azarenka eludes chokehold, gains Australian final

MELBOURNE, Australia (AP) — Sloane Stephens sat for nine minutes, mostly staring at the court and trying to forget the curious timing of Victoria Azarenka's medical timeout.She may have been the only one trying to ignore it.The 19-year-old American had just saved five match points and broken Azarenka. But she knew she had to hold serve to stay in her first Grand Slam semifinal whenever Azarenka —...
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Neanderthal cloning? Pure fantasy

A display of a reconstruction of a Neanderthal man and boy at the Museum for Prehistory in Eyzies-de-Tayac, France.STORY HIGHLIGHTSArthur Caplan: It would be unethical to try and clone a Neanderthal baby Caplan: Downsides include a good chance of producing a baby that is seriously deformedHe says the future belongs to what we can do to genetically engineer and control microbesCaplan: Microbes can...
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Chicago man gets 35 years for role in Mumbai terror attack

David Coleman Headley, the terrorist who played a key planning role in the Mumbai massacre that killed more than 160 people in 2008, was sentenced today in Chicago’s...
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