Jan
31

S&P 500 posts biggest monthly gain since October 2011

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NEW YORK (Reuters) - Stocks edged lower on Thursday on caution ahead of Friday's all-important jobs report, but the S&P 500 still posted its best monthly gain since October 2011. The benchmark S&P 500 advanced 5.1 percent in January as investors cheered a compromise that temporarily postponed the impact of the "fiscal cliff" and fourth-quarter earnings were better than expected....
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SUPER BOWL WATCH: Beyonce, avocados, practice

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NEW ORLEANS (AP) — Around Super Bowl XLVII and its host city with journalists from The Associated Press bringing the flavor and details of everything surrounding the game:___GRIDIRON TO LEMONADE STANDDonald Driver didn't waste much time finding a new job.The Green Bay Packers all-time leading receiver announced his retirement Thursday morning, then helped kids from Junior Achievement sell lemonade...
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Fear and loathing in Egypt's Port Said

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Behind the maskScales of justiceMoment of truthFans celebrate Armed and readyRally at the clubPortrait of the deadACABDown with MorsiArmy in controlPort Said women protestAl Masry ultrasThe sound of machine gunsAftermathProtestShots firedEmpty standsHarrowing reminder<<<123456789101112131415161718>>>STORY HIGHLIGHTSChaos erupted in Egypt after 21 people were sentenced to death following...
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First food truck gets Chicago license

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More than six months after the Chicago City Council legalized cooking onboard food trucks, the city on Thursday issued its first...
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Explosion at Mexican oil giant Pemex offices kills 14

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MEXICO CITY (Reuters) - A powerful explosion rocked the Mexico City headquarters of state-owned oil giant Pemex on Thursday, killing at least 14 people, injuring 100 and trapping others inside. The blast battered the lower floors of the downtown tower, throwing debris into the streets and sending frightened workers running outside. It was not yet clear what caused the explosion,...
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Jan
30

Wall Street ends lower after Fed statement

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NEW YORK (Reuters) - Stocks fell on Wednesday after the Federal Reserve said in its latest statement that economic growth had stalled but indicated the pullback was likely temporary. Stocks were flat for most of the session prior to the Fed statement at the end of a two-day policy meeting. The Fed repeated its pledge to keep purchasing securities until employment improves substantially....
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Brees wants to bury bounty probe, help New Orleans

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NEW ORLEANS (AP) — Drew Brees wore gray sneakers to his first full day of Super Bowl-related appearances — a wise move for an ambassador of a city who had to walk briskly from end to end of a sprawling convention center to make all of his scheduled stops.Not only was the Saints' star quarterback a man on the move, but also ready to move on from the bitterness of the bounty scandal, which may have...
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BlackBerry must remember strengths

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STORY HIGHLIGHTSBlackBerry sales have slumped in the U.S. but is still strong in emerging marketsNew models launched should remember why they are popular in developing worldIn places like Brazil and South Africa, the 10 is the update to their current phonein Sub-Saharan Africa there is expected to be 175 million new customers in the next 3 yearsWatch Jim Clancy on CNN International's "The Brief" at...
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$11K reward offered in slaying of girl 'destined for great things'

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With outrage over his daughter's death spreading from City Hall to the White House, Nathaniel Pendleton made a public plea Wednesday...
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French troops deployed in last Mali rebel strongholds

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DOUENTZA, Mali/PARIS (Reuters) - French troops seized the airport in Mali's northern town of Kidal, the last urban stronghold held by Islamist insurgents, as they moved to wrap up the first phase of a military operation to wrest northern Mali from rebel hands. France has deployed some 4,500 troops in a three-week ground and air offensive to break the Islamist rebels' 10-month grip on...
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Jan
29

Wall Street advances as defensive stocks extend rally

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NEW YORK (Reuters) - Stocks advanced 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...
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A-Rod implicated in PED use again as MLB probes

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NEW YORK (AP) — Alex Rodriguez was ensnared in a doping investigation once again Tuesday when an alternative weekly newspaper reported baseball's highest-paid star was among a half-dozen players listed in records of a Florida clinic the paper said sold performance-enhancing drugs.The Miami New Times said the three-time AL MVP bought human growth hormone and other performance-enhancing substances during...
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