NEW YORK (Reuters) - The Nasdaq composite stock index closed at a 12-year high and the S&P 500 index at a five-year high, boosted by gains in technology shares and stronger overseas trade figures. The S&P 500 also posted a sixth straight week of gains for the first time since August. The technology sector led the day's gains, with the S&P 500 technology index...
Northeast storm disrupts travel for sports teams
Label: TechnologySeveral professional and college sports teams were forced to rearrange their travel plans as a massive storm swept through the Northeast, dumping a few feet of snow in some areas.The NBA's New York Knicks were stuck in Minnesota after playing the Timberwolves on Friday night, hoping to try to fly home sometime Saturday. The San Antonio Spurs were also staying overnight in Detroit after seeing their...
Snowstorm Story: Power Loss Yaphank, N.Y.
Label: WorldYahoo! News is gathering brief first-person accounts, photos and video from the severe winter weather in the northeastern United States. Here’s one resident’s story.FIRST PERSON | YAPHANK, N.Y. – It’s Saturday on Long Island, and no business is open while city employees are busy clearing snow off the roads. Although I was surprised how quickly snow covered my car on Friday, it is unbelievable today....
How Obama can end Congo conflict
Label: LifestyleConflict in CongoConflict in CongoConflict in CongoConflict in CongoConflict in CongoSTORY HIGHLIGHTSPresident Obama can help end the Congo conflict for good, says Vava TampaObama has asked Rwanda to end all support to armed groups in the CongoFDLR militia gang is a threat to stability and must leave CongoObama must push for change in Congolese government, argues TampaEditor's note: Vava Tampa is...
Hundreds line up early at funeral for Hadiya Pendleton
Label: Health Hundreds of mourners lined up early to pay respects to Hadiya Pendleton this morning at a visitation and funeral expected to...
Tunisian Islamists rally in show of strength
Label: BusinessTUNIS (Reuters) - Thousands of Islamists marched in Tunis on Saturday in a show of strength a day after the funeral of an assassinated secular politician drew the biggest crowds seen on the streets since Tunisia's uprising two years ago. About 6,000 partisans of the ruling Ennahda movement rallied in support of their leader, Rachid al-Ghannouchi, who was the target of angry slogans raised...
Feb
08
Wall Street advances after stream of economic data
Label: WorldNEW YORK (Reuters) - Stock index rose on Friday after a batch of positive economic data points, but gains were checked with the benchmark S&P index at five-year highs as investors looked for strong catalysts to push the market further upward. Data showed Chinese exports grew more than expected in January, while imports climbed 28.8 percent, highlighting robust domestic demand, while...
Illini buzzer-beater upsets No. 1 Hoosiers, 74-72
Label: TechnologyCHAMPAIGN, Ill. (AP) — At this rate, no one will want to be No. 1.Indiana became the fifth straight top-ranked men's college basketball team to lose, falling to unranked Illinois 74-72 on a buzzer-beater by Tyler Griffey on Thursday night.The senior forward took an inbounds pass with 0.9 seconds to play and made a wide-open layup. And, just like that, the Hoosiers — who moved into the top spot by...
Why I dread Chinese New Year
Label: LifestyleKids see Chinese New Year through rose-tinted glasses.STORY HIGHLIGHTSZoe Li: As an adult, Chinese New Year is an annual nightmareIt's a time when relatives have the right to be judgmentalSuperstitious Chinese New Year foods often aren't that tasty(CNN) -- For me, Chinese New Year used to be fun.When I was a kid, I was excited during Chinese New Year when I got lai see and I could stay up late. I...
Blizzard packing more than 2 feet of snow reaches Northeast
Label: Health The leading edge of a powerful storm expected to bring driving winds and more than 2 feet of snow, along with the potential...
Violence mars funeral of slain Tunisian opposition leader
Label: BusinessTUNIS (Reuters) - Police and mourners clashed at the mass funeral on Friday of secular opposition leader Chokri Belaid, whose assassination has plunged Tunisia deeper into political crisis. Braving chilly rain, at least 50,000 people turned out to honor Belaid in his home district of Jebel al-Jaloud in the capital, chanting anti-Islamist and anti-government slogans. It was...
Feb
07
Wall Street extends losses; Nasdaq off 1 percent
Label: WorldNEW YORK (Reuters) - U.S. stocks fell further on Thursday, with the Nasdaq falling 1 percent, as a sharp drop in the euro against the safe-haven dollar and yen curbed investors' appetite for risky assets. The Dow Jones industrial average <.dji> was down 119.84 points, or 0.86 percent, at 13,866.68. The Standard & Poor's 500 Index <.spx> was down 12.31 points, or 0.81 percent,...
TCU shocks Kansas, 1st losing streak in 7 years
Label: TechnologyFORT WORTH, Texas (AP) — Kansas coach Bill Self's Big 12 bullies are suddenly beatable.Even against the league newcomer that hadn't won a conference game.The fifth-ranked Jayhawks have their first losing streak in more than seven years after trailing throughout in a 62-55 loss Wednesday night at TCU, which had never before beaten a top 5 team."It's not so much that we lost, it's just so much to me...
Bring drones out of the shadows?
Label: LifestyleSTORY HIGHLIGHTSJohn Brennan's confirmation hearing is a chance to ask about drone program, author saysSarah Holewinski: Brennan is one of a few officials who knows full story on dronesShe says senators need to ask about damage drone program does to civilians, U.S. reputationHolewinski: CIA should hand over drone program to Defense DepartmentEditor's note: Sarah Holewinski is executive director of...
Khamenei rebuffs U.S. offer of direct talks
Label: BusinessDUBAI (Reuters) - Iran's highest authority, Ayatollah Ali Khamenei, on Thursday slapped down an offer of direct talks made by U.S. Vice President Joe Biden this week, saying they would not solve the problem between them. "Some naive people like the idea of negotiating with America, however, negotiations will not solve the problem," Khamenei said in a speech to officials and members of...
Feb
06
Wall Street slips after Tuesday rally, results eyed
Label: WorldNEW YORK (Reuters) - U.S. stocks dipped on Wednesday as investors, awaiting fresh trading incentives, locked in profits after recent rallies took the S&P 500 to five-year highs. Transportation stocks were among the worst performers weighed down by an 8.2 percent drop in CH Robinson Worldwide , which dropped 8.2 percent to $61.53 after reporting fourth-quarter earnings. ...
Braun says he used Fla clinic owner as consultant
Label: TechnologyNEW YORK (AP) — Milwaukee Brewers slugger Ryan Braun said the person who ran the Florida clinic being investigated by Major League Baseball was used only as a consultant on his drug suspension appeal last year."I have nothing to hide," Braun said in a statement released by his representatives on Tuesday night.Earlier in the day, Yahoo Sports reported the 2011 NL MVP's name showed up three times in...
Water Leaking Into Stratosphere Could Harm Ozone
Label: WorldSome of the coldest air on the planet lies above the tropics. And through this cold zone, more water than expected sneaks into the higher reaches of the atmosphere, a new study finds.Upon reaching the stratosphere, the layer of the atmosphere above the one in which we live, water vapor acts as a potent greenhouse gas and destroys the protective ozone.“Small changes in the humidity of the stratosphere...
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