Jan
22

Wall Street opens flat as investors eye earnings

NEW YORK (Reuters) - U.S. stocks opened little changed on Tuesday as investors held back from making large bets at the start of a busy week for corporate earnings after major indexes notched five-year highs. The Dow Jones industrial average <.dji> gained 16.95 points, or 0.12 percent, to 13,666.65. The Standard & Poor's 500 Index <.spx> shed 0.33 point, or 0.02 percent,...
Read More..
Jan
21

Algeria finds dead Canadian militants as siege toll rises

ALGIERS (Reuters) - Algerian forces have found the bodies of two Canadian Islamist fighters after a bloody siege at a desert gas plant, a security source said on Monday, as the death toll reached at least 80 after troops stormed the complex to end the hostage crisis. Algerian Prime Minister Abdelmalek Sellal is expected to give details on Monday about the siege near the town of In Amenas,...
Read More..

Why Google Isn’t Scared of Facebook’s Graph Search

Facebook may have just released a major search product that many are saying “declares war” on Google or may at least put the social network “on a collision course” with the search giant, but Google CEO Larry Page doesn’t sound all that worried about the new competition. Because who said Facebook and Google couldn’t get along someday? In an interview for the new issue of Wired published...
Read More..

Barbara Walters Hospitalized After Inauguration Weekend Fall

By Andrea Billups 01/21/2013 at 09:30 AM EST Barbara Walters Mark VonHolden/DMIPhoto.com/FilmMagic The Inauguration festivities took a tough turn for at least one veteran newswoman.Barbara Walters, 83, fell Saturday night on a step at the residence of the British...
Read More..

Flu season fuels debate over paid sick time laws

NEW YORK (AP) — Sniffling, groggy and afraid she had caught the flu, Diana Zavala dragged herself in to work anyway for a day she felt she couldn't afford to miss.A school speech therapist who works as an independent contractor, she doesn't have paid sick days. So the mother of two reported to work and hoped for the best — and was aching, shivering and coughing by the end of the day. She stayed home...
Read More..

European shares test two-year highs, yen volatile before BOJ

LONDON (Reuters) - European shares inched towards two-year highs and German Bunds dipped on Monday, as a political attempt to break a budget impasse in the United States and expectations of aggressive Japanese stimulus bolstered the appetite for shares. U.S. House Republican leaders said on Friday they would seek to pass a three-month extension of federal borrowing authority in the coming...
Read More..
Jan
20

Algeria expects heavy hostage toll as West defends ally

ALGIERS/IN AMENAS, Algeria (Reuters) - Algeria said on Sunday it expected heavy hostage casualties after its troops ended a desert siege, but Western governments warned against criticizing tactics used by their vital ally in the struggle with Islamists across the Sahara. An Algerian minister acknowledged the death toll would rise, and a private television station reported that 25 bodies...
Read More..

Why does Michelle Obama need two Twitter accounts?

Michelle Obama is on Twitter! That was big news on Thursday, the first lady’s birthday. The White House announced that Mrs. Obama had launched a new Twitter account, @FLOTUS, and lots of folks chimed in with messages welcoming her to the world of micro-blogging social media.But hold it – wasn’t she already on Twitter? We’ve been following @MichelleObama since the beginning of the 2012 presidential...
Read More..

Jennifer Lawrence Trashes Her Oscar Rivals - for Laughs

By Stephen M. Silverman 01/20/2013 at 08:45 AM EST Jason Sudeikis and Jennifer Lawrence How to get the jump on your sister Oscar nominees? Host Saturday Night Live – and come out punching. That was Jennifer Lawrence's modus operandi this weekend, with the Silver Linings Playbook's Best Actress...
Read More..

Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal. The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation...
Read More..