Wall Street opens lower after recent gains

NEW YORK (Reuters) - U.S. stocks opened lower on Monday, dipping after a recent rally that took the S&P 500 to a five-year high and the Dow to 14,000 for the first time since October 2007. The Dow Jones industrial average <.dji> was down 58.67 points, or 0.42 percent, at 13,951.12. The Standard & Poor's 500 Index <.spx> was down 6.84 points, or 0.45 percent, at 1,506.33....

Read More..

Syrian opposition chief under fire for talks with Assad allies

MUNICH (Reuters) - Syria's opposition leader flew back to his Cairo headquarters from Germany on Sunday to explain to skeptical allies his decision to talk with President Bashar al-Assad's main backers Russia and Iran, in hope of a breakthrough in the crisis. The Russian and Iranian foreign ministers, and U.S. Vice-President Joe Biden, portrayed Syrian National Coalition leader Moaz Alkhatib's...

Read More..

New rules aim to get rid of junk foods in schools

WASHINGTON (AP) — Most candy, high-calorie drinks and greasy meals could soon be on a food blacklist in the nation's schools.For the first time, the government is proposing broad new standards to make sure all foods sold in schools are more healthful.Under the new rules the Agriculture Department proposed Friday, foods like fatty chips, snack cakes, nachos and mozzarella sticks would be taken out...

Read More..

"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January. Late-stage bull markets...

Read More..

Turkish leftist group claims U.S. embassy bombing: website

ISTANBUL (Reuters) - Turkish leftist group DHKP-C claimed responsibility on Saturday for a suicide bomb attack on the U.S. embassy in Ankara, according to a statement on a website close to the group. "Our warrior Alisan Sanli carried out an act of self-sacrifice on Feb 1, 2013, by entering the Ankara embassy of the United States, murderer of the peoples of the world," the statement on...

Read More..

Netflix CEO fights for the right to post company milestones on Facebook

It may not seem like the most pressing matter in an era of massive financial scandals, but the Securities and Exchange Commission has decided to go after Netflix (NFLX) CEO Reed Hastings for posting information about Netflix company milestones on his Facebook (FB) page. According to Bloomberg, the SEC believes that Hastings’ Facebook post, which announced that Netflix users had watched more than...

Read More..

Barney Bush Dies

People Pets By Kristin Boehm 02/02/2013 at 09:30 AM EST George W. and Barney Bush boarding Air Force One in 2004 Luke Frazza/AFP/Getty Barney, the perky black Scottish Terrier who made the White House his home alongside President George W. Bush and his family from...

Read More..

New rules aim to get rid of junk foods in schools

WASHINGTON (AP) — Most candy, high-calorie drinks and greasy meals could soon be on a food blacklist in the nation's schools.For the first time, the government is proposing broad new standards to make sure all foods sold in schools are more healthful.Under the new rules the Agriculture Department proposed Friday, foods like fatty chips, snack cakes, nachos and mozzarella sticks would be taken out...

Read More..

"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January. Late-stage bull markets...

Read More..

Suicide bomber kills guard at U.S. embassy in Turkey

ANKARA (Reuters) - A suicide bomber killed a Turkish security guard at the U.S. embassy in Ankara on Friday, blowing the door off a side entrance and sending smoke and debris flying into the street. Ankara Governor Alaaddin Yuksel said the attacker was inside U.S. property when the explosives were detonated. The blast sent masonry spewing out of the wall of the side entrance, but there...

Read More..