NEW YORK (Reuters) - Stocks rose on Tuesday, led by defensive sectors, in a sign the cash piles recently moving into the market are being put to use by cautious investors to pick up more gains. The S&P 500 is on track to post its best monthly performance since October 2011 and its best January since 1997 as investors poured $55 billion in new cash into stock mutual funds and exchange-traded...
Jan
28
The Lede Blog: Images of New Clashes in Egypt, Two Years After the Revolution's 'Day of Rage'
Label: WorldLast Updated, 2:02 p.m. As my colleague David Kirkpatrick reports from Egypt, there were protests in the Suez Canal city of Port Said and fresh clashes in Cairo on Monday.Video uploaded to YouTube on Sunday showed officers firing at protesters in Port Said, killing four, including a man in a wheelchair, according to Mosireen, a collective of activist Egyptian filmmakers.Video said to show Egyptian...
Siemens picks banks for two disposals: sources
Label: TechnologyFRANKFURT (Reuters) – Siemens AG has picked banks to organize the sale of two units as part of its efforts to streamline operations and stay competitive in a weak global economy, people familiar with the matter said.Goldman Sachs Group Inc will advise the German conglomerate on the sale of its Water Technologies units, while Rothschild will oversee the divestment of its smaller security products arm,...
Downton Abbey's Dramatic Plot Turn: What Caused It?
Label: Lifestyle TV Watch By Lesley Messer and Stephen M. Silverman 01/28/2013 at 01:20 PM EST Downton Abbey season 3 cast Carnival Film & Television/PBS How seriously do TV viewers take what happens to the Crawleys and those in their sphere on Downton Abbey?So seriously that,...
Soldier who lost 4 limbs has double-arm transplant
Label: HealthThe first soldier to survive after losing all four limbs in the Iraq war has received a double-arm transplant.Brendan Marrocco had the operation on Dec. 18 at Johns Hopkins Hospital in Baltimore, his father said Monday. The 26-year-old Marrocco, who is from New York City, was injured by a roadside bomb in 2009.He also received bone marrow from the same dead donor who supplied his new arms. That novel...
S&P 500 slips after rally, but Apple lifts Nasdaq
Label: BusinessNEW YORK (Reuters) - The S&P 500 edged lower on Monday as a four-week rally stalled, while a rebound in Apple shares helped buoy the Nasdaq. Caterpillar shares helped cap losses in the Dow industrials even as the company posted a 55 percent drop in quarterly profit due to a charge connected with accounting fraud at a Chinese subsidiary and weak demand among its dealers. Caterpillar's...
Jan
27
The Lede Blog: Fire at a Nightclub in Southern Brazil
Label: WorldVictims of the fire are attended by medics. An intense fire ripped through a nightclub crowded with university students in southern Brazil early on Sunday morning, leaving behind a scene of horror with bodies piled in the club’s bathrooms and outside on the street.At least 232 people were killed, many of them students in the agronomy and veterinary medicine programs in a local university, the police...
Apple’s slowed growth has blown the future of the mobile industry wide open… and that’s very exciting
Label: TechnologyWhat a difference just a few months makes. If you don’t recall, it was only last September when Apple’s (AAPL) share prices were blasting past $ 700 and bullish analysts were proclaiming that the company was well be on its way to having a $ 1 trillion valuation and dominating the tech industry for years to come. All that’s changed now as Apple has lost its spot as the world’s most valuable company...
CDC: Flu seems to level off except in the West
Label: HealthNew government figures show that flu cases seem to be leveling off nationwide. Flu activity is declining in most regions although still rising in the West.The Centers for Disease Control and Prevention says hospitalizations and deaths spiked again last week, especially among the elderly. The CDC says quick treatment with antiviral medicines is important, in particular for the very...
Wall Street Week Ahead: Bears sleep as stocks near record highs
Label: BusinessNEW YORK (Reuters) - U.S. 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...
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