NEW YORK (Reuters) - U.S. stocks edged lower on Friday from a five-year high for the S&P 500 as a weak outlook from tech heavyweight Intel offset a better-than-expected quarterly profit at Morgan Stanley. Shares of Intel Corp slumped 6.3 percent to $21.25 a day after it forecast quarterly revenue below analysts' estimates and announced plans for increased capital spending amid slow...
Foreigners still caught in Sahara hostage crisis
Label: WorldALGIERS (Reuters) - More than 20 foreigners were still being held hostage or missing inside a gas plant on Friday after Algerian forces stormed the desert complex to free hundreds of captives taken by Islamist militants, who threatened to attack other energy installations. Thirty hostages, including at least seven Westerners, were killed during Thursday's assault, along with at least...
Why Won’t the NRA Say Anything About Its (Possibly Fake) New Video Game?
Label: TechnologyIf this app is, in fact, an unlicensed kind of hoax using the NRA acronym without permission, you’d think the NRA might want to squash the brand association quickly. Despite the gun lobby’s slow response to the Newtown massacre, the NRA isn’t afraid of issuing cease and desists or suing President Obama, the District of Columbia, or the Department of Justice.RELATED:...
Designers Create Dream Inauguration Dresses for Michelle Obama
Label: Lifestyle Stylewatch Style News Now 01/17/2013 at 01:00 PM ET Courtesy L’Wren Scott; Inset: Cliff Owen/APIt’s a big week for Michelle Obama: she turns 49 today, joined Twitter this morning and will stand by as her husband is sworn in to his...
Flu remains widespread in US; eases in some areas
Label: HealthHealth officials say nine more deaths of children from the flu have been reported, bringing the total this flu season to 29.In a typical season, about 100 children die of the flu, so it is not known whether this year will be better or worse than usual.The Centers for Disease Control and Prevention says half of confirmed flu cases so far are in people 65 and older.This year's season is earlier than...
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Economy, eBay profit lift Wall Street to five-year high
Label: BusinessNEW YORK (Reuters) - Wall Street rose on Thursday, with the S&P 500 hitting a five-year intraday high, on improved housing and jobs data as well as better-than-expected results from online marketplace eBay . The data showed the number of Americans filing new claims for unemployment benefits fell to a five-year low last week, while groundbreaking for homes rose to the fastest pace...
Algerian forces launch operation to break desert siege
Label: WorldALGIERS (Reuters) - Twenty-five foreign hostages escaped and six were killed on Thursday when Algerian forces launched an operation to free them at a remote desert gas plant, Algerian sources said, as one of the biggest international hostage crises in decades unfolded. The standoff began when gunmen calling themselves the Battalion of Blood stormed the gas facility on Wednesday morning. They...
PlayStation 4 and Xbox 720 could cost just $350, expected to launch this fall
Label: TechnologySony (SNE) and Microsoft (MSFT) are both expected to announce their next-generation gaming consoles at the Electronics Entertainment Expo in June, or even a little before then. While we have seen rumored specs for both the PlayStation 4 and the Xbox 720, one thing that has escaped us is a possible price tag. In a research note to investors on Monday, Colin Sebastian of Baird Equity Research suggested...
John Mayer Performs for First Time in 10 Months After Battling Voice Problems
Label: Lifestyle By Tim Nudd 01/17/2013 at 11:00 AM EST John Mayer on stage in Bozeman Courtesy John Mayer Sing it, John!Forced to be all but silent for 10 months as he recovered from a second bout of vocal-cord problems, John Mayer returned to the stage Wednesday, performing...
Large study confirms flu vaccine safe in pregnancy
Label: HealthNEW YORK (AP) — A large study offers reassuring news for pregnant women: It's safe to get a flu shot.The research found no evidence that the vaccine increases the risk of losing a fetus, and may prevent some deaths. Getting the flu while pregnant makes fetal death more likely, the Norwegian research showed.The flu vaccine has long been considered safe for pregnant women and their fetus. U.S. health...
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