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...
Spurs see 11-game streak end, then face tough trip
Label: TechnologyAUBURN HILLS, Mich. (AP) — Gregg Popovich and the San Antonio Spurs lost for the first time in nearly a month — then faced a difficult trip to snow-swept New York.The Spurs play at Brooklyn on Sunday night, so after losing to Detroit on Friday night, their next concern was the massive snow storm affecting the New York-to-Boston corridor."We can't get there tonight — we know that," Popovich said. "So...
How Obama can end Congo conflict
Label: 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...
Blizzard wallops Northeast, thousands without power
Label: Health A blizzard continued to pummel the Northeastern United States on Saturday, disrupting thousands of flights, shutting down roads and mass transit and blanketing the...
Japan may release data proving Chinese radar incident: media
Label: BusinessTOKYO (Reuters) - Japan may release data it says will prove a Chinese naval vessel directed its fire control radar at a Japanese destroyer near disputed islands in the East China Sea, local media reported. Japan has said a Chinese frigate on January 30 locked its targeting radar on a Japanese destroyer - a step that usually precedes the firing of weapons - but China insists that its vessel...
Feb
08
Euro near two-week low, shares up on rekindled rate cut hopes
Label: WorldLONDON (Reuters) - The euro hovered near a two-week low and European shares rose on Friday after the European Central Bank rekindled expectations that it could again take the knife to interest rates. Strong Chinese trade data also helped lift optimism about global growth prospects, boosting oil, copper and Asian shares, although investors booking profits before next week's Chinese new...
Illini buzzer-beater upsets No. 1 Hoosiers, 74-72
Label: TechnologyCHAMPAIGN, Ill. (AP) — At this rate, no one will want to be No. 1.Indiana became the fifth straight top-ranked men's college basketball team to lose, falling to unranked Illinois 74-72 on a buzzer-beater by Tyler Griffey on Thursday night.The senior forward took an inbounds pass with 0.9 seconds to play and made a wide-open layup. And, just like that, the Hoosiers — who moved into the top spot by...
Why I dread Chinese New Year
Label: 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...
Hawks nail Torres, and then drill Coyotes 6-2
Label: Health GLENDALE, Ariz. — Jamal Mayers punched Raffi Torres in the face, then Patrick Kane punched the rest of the Coyotes in the gut.It...
Opposition leader's funeral brings day of reckoning for Tunisia
Label: BusinessTUNIS (Reuters) - Tunisia's political crisis looked likely to deepen on Friday with strikes and protests planned around the funeral of assassinated opposition politician Chokri Belaid. Belaid's killing on Wednesday has brought thousands of people onto the streets of the capital Tunis and other cities in violence-marred protests. Unions have called a general strike for Friday,...
Feb
07
Global shares, euro pause ahead of ECB decision
Label: WorldLondon (Reuters) - The euro, German bonds and shares steadied on Thursday, as investors awaited the European Central Bank's policy meeting later in the day and President Mario Draghi's views on the region's growth prospects. Testimony from the new head of the Bank of England, bond auctions from France and Spain, earnings reports from a host of major European companies and the start of...
Signing Day: Ole Miss muscles in on power programs
Label: TechnologyAlabama. Ohio State. Michigan. Florida. Notre Dame. Mississippi?Ole Miss muscled in on the powerhouses that usually dominate national signing day, landing some of the most sought-after prospects in the country on college football's annual first-Wednesday-in-February frenzy.The Rebels, coming off a promising 7-6 season in their first season under coach Hugh Freeze, had the experts swooning by signing...
Bring drones out of the shadows
Label: 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...
Postal unions angry, customers unfazed about Saturday cut
Label: HealthChicago Tribune reporter Rob Manker gathers some reactions to the recent news that the U.S. Postal Service plans to drop Saturday delivery of first-class mail by August. (Posted on: Feb. 6, 2013.) ...
Tunisian government dissolved after critic's killing causes fury
Label: BusinessTUNIS (Reuters) - Tunisia's ruling Islamists dissolved the government and promised rapid elections in a bid to restore calm after the killing of an opposition leader sparked the biggest street protests since the revolution two years ago. The prime minister's announcement late on Wednesday that an interim cabinet of technocrats would replace his Islamist-led coalition came at the end of...
Feb
06
Asian shares, industrial commods recover on economic optimism
Label: WorldTOKYO (Reuters) - Nascent global economic recovery buoyed risk assets from Asian shares to industrial commodities on Wednesday, while the prospect of a dovish new governor for the Bank of Japan sent the yen to a three-year low. The signs of a recovery taking hold in Europe, the United States and China have helped improve the demand outlook for oil, copper and platinum while a solid reading...
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