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...
Steroids fallout: No BB Hall for Bonds, Clemens
Label: TechnologyNEW 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...
Giant squid filmed in ocean depths for 1st time
Label: WorldTOKYO (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...
Terror group fills Syria rebels' space
Label: LifestyleSTORY 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...
Analysis: Modi's Gujarat growth model might not work across India
Label: BusinessSURAT, India (Reuters) - Turning a single Indian state with a long tradition of entrepreneurship and a solid political majority into an investor-friendly economic powerhouse is one thing. Replicating that experience across a diverse country of 1.2 billion would be a tougher prospect for Narendra Modi, whose leadership of booming Gujarat state has led to his being touted as a potential...
Jan
09
Shares buoyed by Alcoa earnings, dollar gains on yen
Label: WorldLONDON (Reuters) - European shares rose slightly on Wednesday, ending two days of losses after aluminum giant Alcoa opened the U.S. earnings season with an optimistic outlook for world demand. But with a light data day in prospect for Europe, featuring mainly German and Greek industrial output figures, and with European and UK central banks due to meet on Thursday, market movements were...
Judgment day for Bonds, Clemens, Sosa at Hall
Label: TechnologyNEW YORK (AP) — Judgment day has arrived for Barry Bonds, Roger Clemens and Sammy Sosa to find out their Hall of Fame fates.With the cloud of steroids shrouding many candidacies, baseball writers may fail for the only the second time in more than four decades to elect anyone to the Hall.About 600 people are eligible to vote in the BBWAA election, all members of the organization for 10 consecutive...
Mysteriously Bright Black Holes Revealed by NASA Telescope
Label: WorldLONG BEACH, CALIF. – A NASA space telescope snapped a new view of two oddball black holes shining ultra-bright in X-ray light in a distant spiral galaxy.NASA’s NuSTAR X-ray observatory spotted the bright black holes while observing the galaxy Caldwell 5, which is located 7 million light-years from Earth in the constellation Camelopardalis (the Giraffe).The black holes, which appear in magenta superimposed...
Case of Wall Street greed gone too far
Label: LifestyleGoldman Sachs CEO Lloyd Blankfein was one of the executives whose stock award was accelerated to beat higher tax rate.STORY HIGHLIGHTSGoldman Sachs granted $65 million in stock to execs before new tax rates beganSusan Antilla says the firm's CEO had endorsed higher rates, called for entitlement cuts She says Goldman benefits from the implicit promise that U.S. will bail it outAntilla: It was unseemly...
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