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 wins back-to-back Australian titles

MELBOURNE, Australia (AP) — Victoria Azarenka won her second consecutive Australian Open title, beating Li Na 4-6, 6-4, 6-3 in a final that included a break for fireworks, two medical timeouts and a nasty fall to the court by Li.The Chinese star first tumbled to the court after twisting her left ankle in the fifth game of the second set and had it taped.On the first point after a 10-minute pause in...
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On Mars, Dry Ice ‘Smoke’ Carves Up Sand Dunes

The seasonal thawing of carbon dioxide ice near Mars’ north pole carves grooves in the region’s sand dunes, three new studies reveal.The discovery, made using observations from NASA‘s Mars Reconnaissance Orbiter spacecraft (MRO), reinforces that the Red Planet‘s surface continues to be transformed today, even though Mars’ volcanoes have died out and its liquid surface water apparently dried up long...
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Can sanctions deter North Korea?

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3 dead, 2 wounded in pair of early morning shootings

After a few quiet nights, gun violence returned to Chicago's cold streets early Saturday morning with three people killed by...
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At least 22 die in Egyptian clashes over death sentences

PORT SAID, Egypt/CAIRO (Reuters) - At least 22 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

S&P 500 eyes best winning streak in eight years

NEW YORK (Reuters) - Stocks rose on Friday, buoyed by sturdy corporate earnings from Procter & Gamble and Honeywell, with the S&P 500 poised for its longest winning streak in more than eight years. The strong start for the equity market this year has been attributed to solid corporate results, agreement in Washington to extend the government's borrowing power, encouraging signs...
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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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Strange Exoplanet’s ‘Backwards’ Orbit Explained by Extra Star, Planet

A perplexing alien planet locked in a “backwards” orbit around its parent star may finally be explained by the discovery of an extra planet and star near the oddball planetary system, scientists say.The discovery is centered on the so-called “backwards” planet HAT-P-7b, which orbits a star 1,040 light-years from Earth in the constellation Cygnus. The planet, first spotted in 2008, has long defied...
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Cantor CEO: 'Off the fiscal cliff we go'

.cnn_stryspcvh4 { position:static; }.cnn_stryspccvh6 { position:static; float:left; width:172px; font-size:10px; margin-left:130px; top:0; }.cnn_stryspccvrgebot { font-size:3px; overflow:hidden;}Part of complete coverage onBy Ramy Inocencio, for CNNJanuary 25, 2013 -- Updated 1453 GMT (2253 HKT)STORY HIGHLIGHTS"U.S. fiscal cliff still coming" in form of failure to raise debt ceiling - Cantor Fitzgerald...
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Video sparks protest of Ultimate Fighting event

Women's advocacy groups in Chicago are urging the Ultimate Fighting Championship organization to prevent a fighter who appeared...
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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

S&P shrugs off Apple, S&P rises to hit 1,500

NEW YORK (Reuters) - Stocks advanced on Thursday, as the S&P shrugged off a 10 percent decline in Apple to climb above 1,500 for the first time since December 12, 2007, on positive economic news. The Dow Jones industrial average <.dji> gained 77.37 points, or 0.56 percent, to 13,856.70. The Standard & Poor's 500 Index <.spx> rose 5.61 points, or 0.38 percent, to 1,500.42....
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No. 1 Duke routed by No. 25 Miami 90-63

CORAL GABLES, Fla. (AP) — With a steady din coming from the sea of orange behind the visitors' basket, No. 1 Duke had a tough time making a shot.The Blue Devils went more than 8 minutes without a field goal in the first half Wednesday night, and a sellout became a blowout for No. 25 Miami, which delighted a boisterous crowd with a 90-63 victory.The defeat was the third-worst ever for a No. 1 team....
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Cosmic Ray Hunting Balloon Sets Record for Longest Flight

It’s tough to be a balloon over Antarctica. Most don’t last more than a few weeks, but the Super-TIGER cosmic ray detector has been floating over the South Pole for 46 days and counting.The Super-TIGER mission officially shattered the record for longest-running balloon-borne experiment in Antarctica on Saturday (Jan. 19), scientists said. The project launched from the southernmost continent’s Ross...
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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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Sentencing today for Chicago man in Mumbai terror attack

A man convicted in the 2008 terror attacks in Mumbai will be...
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