NEW YORK (Reuters) - Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks on Thursday, pushing the S&P 500 to a five-year high and its third day of gains. A pair of economic reports lifted investors' sentiment. The number of Americans filing new claims for unemployment benefits fell to a five-year low last week and housing starts jumped last month...
Lance Armstrong left it 'all on table' with Oprah
Labels: TechnologyAll the speculation is about to end. In a matter of hours, viewers can judge for themselves whether Lance Armstrong told the truth this time.Armstrong's confession to Oprah Winfrey about using performance-enhancing drugs to win the Tour de France a record seven times in a row will be televised at 9 p.m. Thursday, the first segment of a two-part special on the Oprah Winfrey Network. Since word of his...
‘Gadget Graveyard’ Voters Say: CD-ROMs Are Doomed, Cameras Aren’t
Labels: WorldCD-ROMs and radios are the gadgets most likely to go extinct, as determined in a “Gadget Graveyard” voting contest. Meanwhile, cameras and desktop computers avoided the same forecast, despite consumers snapping up smartphones and tablets in 2013.More than 1,700 people participated in person or online by voting “yes” or “no” on whether gadgets would end up in the Gadget Graveyard this year. (The Institute...
Did Scientology ad cross line?
Labels: LifestyleThe Church of Scientology is also at fault for thinking the advertorial would survive The Atlantic readers' scrutiny, Ian Schafer says.STORY HIGHLIGHTSThe Atlantic published and pulled a sponsored Scientology "story"Ian Schafer: On several levels, the ad was a mistakeHe says the content was heavy-handed and comments were being moderatedSchafer: Experimenting to raise revenue makes sense, but standards...
2 in custody after shooting death of teen
Labels: HealthThe mother and aunt of 17-year-old Tyrone Lawson, who was killed after watching a prep basketball game at Chicago State University on Jan. 16, 2013, talk about the incident. ...
Thirty hostages reported killed in Algeria assault
Labels: BusinessALGIERS (Reuters) - Thirty hostages and at least 11 Islamist militants were killed on Thursday when Algerian forces stormed a desert gas plant in a bid to free many dozens of Western and local captives, an Algerian security source said. Details remained scant - including for Western governments, some of which did little to disguise irritation at being kept in the dark by Algeria before...
Jan
16
S&P 500 ends flat as bank profits temper growth concerns
Labels: WorldNEW YORK (Reuters) - The S&P 500 ended nearly flat on Wednesday as solid earnings from two major banks and a bounceback in Apple shares offset concerns about a lower forecast for global growth in 2013. Shares of Goldman Sachs hit their highest since May 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses. JPMorgan Chase said fourth-quarter...
Story of Te'o girlfriend death apparently a hoax
Labels: TechnologySOUTH BEND, Ind. (AP) — A story about Manti Te'o's girlfriend dying of leukemia, which the Notre Dame All-American credited with inspiring him as he led the Fighting Irish to the BCS title game, turned out to be a hoax apparently perpetrated against the linebacker, the school said Wednesday.The university issued a news release Wednesday after Deadspin.com reported it could find no record that Lennay...
Balloon-like dwelling to be tested on Int’l Space Station
Labels: WorldLAS VEGAS (Reuters) – A low-cost space dwelling that inflates like a balloon in orbit will be tested aboard the International Space Station, opening the door for commercial leases of future free-flying outposts and deep-space astronaut habitats for NASA.The Bigelow Expandable Activity Module, nicknamed BEAM, will be the third orbital prototype developed and flown by privately owned Bigelow Aerospace.The...
Gruesome toll of cluster bombs in Syria
Labels: LifestyleSTORY HIGHLIGHTSHuman Rights Watch says cluster bombs were used on Syrian town of LatamnehCluster bombs release dozens of smaller bombs, which can maim or kill long after impactSyrian regime has previously denied cluster bombs on civiliansEditor's note: Mary Wareham is the Arms Division's Advocacy Director for Human Rights Watch and chief editor of 'Cluster Munition Monitor 2012.' (CNN) -- It was...
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