Wall Street dips as profits booked after rally

NEW YORK (Reuters) - Stocks edged lower on Thursday as investors locked in gains after a rally Wednesday, which was spurred by a deal by U.S. lawmakers to avert a "fiscal cliff" of austerity measures that had been due to kick in this year. Losses were limited, however, by better-than-expected data that showed U.S. private-sector employers added 215,000 jobs in December. That was well...

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Louisville upsets Florida 33-23 in Sugar Bowl

NEW ORLEANS (AP) — Terell Floyd and the Louisville Cardinals gave the embattled Big East Conference at least one more triumphant night in a major bowl — and at the expense of a top team from the mighty SEC.Floyd returned an interception 38 yards for a touchdown on the first play, dual-threat quarterback Teddy Bridgewater directed a handful of scoring drives and No. 22 Louisville stunned the fourth-ranked...

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Man Accused of Stealing Meteorites in North Carolina

Police have arrested a man accused of stealing 100 stolen meteorites taken from an astronomical research center in North Carolina, according to media reports.On Saturday (Dec. 29), Brian Thomas Koontz, 29, of Balsam Grove, N.C., was charged in relation to the theft of meteorites and electronics equipment from the Pisgah Astronomical Research Institute on Christmas Eve, the Asheville Citizen-Times...

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Why U.S. lives under the shadow of 'W'

Julian Zelizer says former President George W. Bush's key tax and homeland security policies survive in the age of ObamaSTORY HIGHLIGHTSJulian Zelizer: For all the criticism Bush got, two key policies have survivedHe says fiscal cliff pact perpetuates nearly all of Bush's tax cutsObama administration has largely followed Bush's homeland security policy, he saysZelizer: By squeezing revenues, Bush...

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Sandy Hook kids return to class in neighboring town

MONROE, Conn. — Classes resumed Thursday for the students of Sandy Hook Elementary School for the first time since last month's...

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Myanmar says jets used against Kachin rebels

YANGON (Reuters) - Myanmar's military has used jets to attacks rebel fighters in northern Kachin state, the government said on Thursday, its first admission of an intensification of a conflict that has raised doubts about its reformist credentials. Rebel sources have reported aerial bombings, shelling and even the use of chemical weapons since December 28 after the Kachin Independence...

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Wall Street surges in wake of fiscal pact

NEW YORK (Reuters) - Stocks surged on the first trading day of 2013 after lawmakers agreed a deal to avoid massive tax hikes and spending cuts that had threatened to hurt economic growth. The gains come after stocks ended 2012 with their strongest day in more than a month, which put the S&P 500 up 13.4 percent for the year, after a flat performance in 2011. Late on Tuesday,...

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Stanford holds off Wisconsin 20-14 in Rose Bowl

PASADENA, Calif. (AP) — Andrew Luck, Toby Gerhart and coach Jim Harbaugh started Stanford's improbable football renaissance, yet they never stood in the center of the Rose Bowl with the West Coast's most coveted trophy raised above their heads.In fact, the last Stanford team to do what the Cardinal did Tuesday night had a defense known as the Thunderchickens.Forty years after Stanford's last Rose...

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Scientologists’ Alleged ‘Alien Space Cathedral’ Found

A secret bunker hidden deep within the deserts of New Mexico is reported to be the “alien space cathedral” of the Church of Scientology, according to a BBC reporter.The site is marked by a large symbol etched onto the desert floor: two diamonds surrounded by a pair of overlapping circles, according to the British newspaper The Sun. A private airstrip, built to serve the controversial church’s leaders,...

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Time to rebrand in Lincoln's image?

Wade Henderson thinks the modern Republican Party should look to Abraham Lincoln for some inspiration.STORY HIGHLIGHTSWade Henderson: January 1 is 150th anniversary of the Emancipation Proclamation He says GOP should look to Lincoln, a canny politician who led moral fight on civil rightsHe says GOP has history of civil rights support that it has largely abandoned in recent yearsHenderson: In 2012,...

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