Jan
12

Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street. The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets. ...
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Durant's 42 helps send Lakers to 6th straight loss

LOS ANGELES (AP) — Kevin Durant hit a 3-pointer in the final second of the first half and did a full reverse somersault to celebrate a 16-point lead. The Thunder were running the Lakers out of their own building, and not even Kobe Bryant could stop them.Oklahoma City is again clearly among the best teams in the Western Conference, and the struggling Lakers may not have enough time left in the season...
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California cold snap threatens citrus crop, strands motorists

LOS ANGELES (Reuters) – An Arctic air mass sent temperatures plunging across California, forcing the 17-hour closure of a key interstate highway through the mountains north of Los Angeles and threatening citrus crops in the state’s vast central valleys, authorities said on Friday.Temperatures throughout the state fell by as much as 20 degrees Fahrenheit (11 degrees Celsius) below normal, allowing...
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Saudi execution: Brutal and illegal?

STORY HIGHLIGHTSSaudi authorities beheaded Rizana Nafeek, a Sri Lankan womanShe was convicted of killing a baby of the family employing her as a housemaidThis was despite Nafeek's claims that the baby died in a choking accidentBecker says her fate "should spotlight the precarious existence of domestic workers"Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of...
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14-year-old boy killed on West Side

A police photographer photographs the front porch where a 14-year-old boy was fatally shot Friday night. ...
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Obama, Karzai accelerate end of U.S. combat role in Afghanistan

WASHINGTON (Reuters) - President Barack Obama and Afghan President Hamid Karzai agreed on Friday to speed up the handover of combat operations in Afghanistan to Afghan forces, raising the prospect of an accelerated U.S. withdrawal from the country and underscoring Obama's determination to wind down a long, unpopular war. Signaling a narrowing of differences, Karzai appeared to give ground...
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Jan
11

Asian shares, Brent retreat after China CPI; yen slides

LONDON (Reuters) - European shares consolidated close to two year highs on Friday after Europe's Central Bank expressed cautious optimism on the euro zone's prospects. Strong Chinese trade data on Thursday also helped lift economists' expectations of a steady global recovery this year, although a pick-up in Chinese inflation on Friday prompted profit-taking on Asia shares outside Japan...
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Browns hire Rob Chudzinski as new coach

CLEVELAND (AP) — Rob Chudzinski's first head coaching job will be with the team he loved as a kid.Chudzinski, who spent the past two seasons as Carolina's offensive coordinator, has been hired by the Browns as their sixth full-time coach since 1999. It's the third stint in Cleveland for Chudzinski, who worked with the Browns previously as an assistant.The Browns hope the first-time head coach can...
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Survey Shows Different Results on Energy vs. Environment Questions

The Civil Society Institute (CSI) and the Environmental Working Group (EWG) announced the results of a survey this week that they say shows that Americans are not opposed to more domestic energy production, but that they do not want clean water, energy efficiency and expanded wind and solar power to be sacrificed in the process. The results contrast somewhat with other surveys that have been taken...
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Why global labor reforms are vital

(File photo) Sri Lankan women protest outside the Saudi Arabia embassy in Colombo on November 9, 2010.STORY HIGHLIGHTSSaudi authorities beheaded Rizana Nafeek, a Sri Lankan womanShe was convicted of killing a baby of the family employing her as a housemaidThis was despite Nafeek's claims that the baby died in a choking accidentBecker says her fate "should spotlight the precarious existence of domestic...
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Cyanide: 'A poison we fear'

If Urooj Khan's remains are exhumed in coming days as expected, authorities will attempt to retrace the devastating course of...
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Afghan troop levels top agenda for Obama-Karzai talks

WASHINGTON (Reuters) - President Barack Obama and Afghan President Hamid Karzai will hold a critical round of talks on Friday that could help determine how fast the United States withdraws troops from Afghanistan and whether it leaves a residual force after 2014. Hosting Karzai at the White House, Obama faces the challenge of pressing ahead with his re-election pledge to continue winding...
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Jan
10

Wall Street rises after Alcoa reports earnings

NEW YORK (Reuters) - Stocks rose on Wednesday, rebounding from two days of losses, as investors turned their focus to the first prominent results of the earnings season. Stocks had retreated at the start of the week from the S&P 500's highest point in five years, hit last Friday, on worries about possible earnings weakness. Shares of Alcoa Inc were down 0.5 percent to...
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Steroids fallout: No BB Hall for Bonds, Clemens

NEW YORK (AP) — No one was elected to the Hall of Fame this year. When voters closed the doors to Barry Bonds, Roger Clemens and Sammy Sosa, they also shut out everybody else.For only the second time in four decades, baseball writers failed to give any player the 75 percent required for induction to Cooperstown, sending a powerful signal that stars of the Steroids Era will be held to a different standard.All...
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Giant squid filmed in ocean depths for 1st time

TOKYO (AP) — After a hundred dives deep into the Pacific, scientists and broadcasters say they have captured video images of a giant squid in its natural habitat deep in the ocean for the first time.The three-meter (nine-foot) invertebrate was filmed from a manned submersible during one of 100 dives in the Pacific last summer in a joint expedition by Japanese public broadcaster NHK, Discovery Channel...
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Terror group fills Syria rebels' space

STORY HIGHLIGHTSU.S. declared a key opposition group in Syria a terrorist organizationNew report says it is the most effective group in the opposition, with 5,000 fightersNada Bakos: The group has ties to al Qaeda but also seeks to provide social servicesShe says the chances are slim that it could be persuaded to give up radical goalsEditor's note: Nada Bakos is a former Central Intelligence Agency...
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New General Assembly to face many old issues

SPRINGFIELD— ...
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