Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street. The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets. ...

Read More..

Armstrong to admit doping in Oprah interview

AUSTIN, Texas (AP) — Lance Armstrong will make a limited confession to doping during his televised interview with Oprah Winfrey next week, according to a person with knowledge of the situation.Armstrong, who has long denied doping, will also offer an apology during the interview scheduled to be taped Monday at his home in Austin, according to the person who spoke on condition of anonymity because...

Read More..

No ‘Death Star’ for US Military, White House Says

The planet-killing Death Star may have been the ultimate weapon for the Empire in the “Star Wars” films, but it has no place in the United States military today, a White House official said Friday (Jan. 11).The statement, an official response a petition to begin building a real-life Death Star by 2016 on the White House‘s We the People website, said President Barack Obama‘s Administration cannot support...

Read More..

Saudi execution: Brutal and illegal?

STORY HIGHLIGHTSSaudi authorities beheaded Rizana Nafeek, a Sri Lankan womanShe was convicted of killing a baby of the family employing her as a housemaidThis was despite Nafeek's claims that the baby died in a choking accidentBecker says her fate "should spotlight the precarious existence of domestic workers"Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of...

Read More..

Notre Dame's Kelly taking Eagles, NFL interest to brink

If Brian Kelly and his camp are using an NFL flirtation as a bargaining ploy, they may be pushing it to the absolute brink.The...

Read More..

Obama, Karzai accelerate end of U.S. combat role in Afghanistan

WASHINGTON (Reuters) - President Barack Obama and Afghan President Hamid Karzai agreed on Friday to speed up the handover of combat operations in Afghanistan to Afghan forces, raising the prospect of an accelerated U.S. withdrawal from the country and underscoring Obama's determination to wind down a long, unpopular war. Signaling a narrowing of differences, Karzai appeared to give ground...

Read More..

Wall Street slips, weighed by Wells Fargo, banks

NEW YORK (Reuters) - Stocks dipped on Friday, weighed by losses in the banking sector, after Wells Fargo & Co reported a decline in net interest margin despite a record profit in the latest quarter. "It (Wells Fargo results) is weighing on the sector. We are keeping our fingers crossed that this won't be a sector thing and more confined to Wells Fargo, but it's definitely playing...

Read More..

Browns introduce Rob Chudzinski as new coach

CLEVELAND (AP) — Rob Chudzinski is back for his third tour with the Cleveland Browns, and this time he's calling the shots.Chudzinski, who spent the past two seasons as Carolina's offensive coordinator, was introduced as the club's sixth fulltime coach on Friday. He'll inherit a young roster he'll try to develop into a contender with the Browns, who have lost at least 11 games in each of the past...

Read More..

Origin of Life: Did a Simple Pump Drive Process?

A new theory proposes the primordial life-forms that gave rise to all life on Earth left deep-sea vents because of their “invention” of a tiny pump. These primitive cellular pumps would have powered life-giving chemical reactions.The idea, detailed Dec. 20 in the journal Cell, could help explain two mysteries of life’s early origin: How did the earliest proto-cells power chemical reactions to make...

Read More..

Why global labor reforms are vital

STORY HIGHLIGHTSSaudi authorities beheaded Rizana Nafeek, a Sri Lankan womanShe was convicted of killing a baby of the family employing her as a housemaidThis was despite Nafeek's claims that the baby died in a choking accidentBecker says her fate "should spotlight the precarious existence of domestic workers"Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of...

Read More..

Judge OKs exhumation of body of lottery winner

Urooj Khan holding his winning $1 million USD lottery ticket. (Handout...

Read More..

Syria rebels seize base as envoy holds talks

BEIRUT/GENEVA (Reuters) - Rebels seized control of one of Syria's largest helicopter bases on Friday, opposition sources said, in their first capture of a military airfield used by President Bashar al-Assad's forces. Fighting raged across the country as international mediator Lakhdar Brahimi sought a political solution to Syria's civil war, meeting senior U.S. and Russian officials in...

Read More..

Wall Street slightly higher on China data; S&P near resistance level

NEW YORK (Reuters) - U.S. stocks inched higher on Thursday, helped by stronger-than-expected exports in China, the world's second-biggest economy, but gains were capped as the S&P 500 hovered near a 5-year high. Financial and telecommunications stocks were the day's top gainers, while the material sector was the biggest drag. The S&P 500 material sector index <.gspm> was...

Read More..

Jaguars fire Mularkey after team's worst season

JACKSONVILLE, Fla. (AP) — The Jacksonville Jaguars fired coach Mike Mularkey Thursday after just one season, the worst in franchise history.New general manager David Caldwell made the announcement, giving him a clean slate heading into 2013. Caldwell said he made the move just 48 hours after he was hired because he wants to immediately explore every avenue possible to turn the Jaguars around."For...

Read More..

Jewel-Osco up for sale

Jewel-Osco stores will be sold to a consortium of investors led by Cerberus Capital Management, Jewel's parent Supervalu said...

Read More..

Syria denounces peace envoy who hinted Assad must go

BEIRUT (Reuters) - Syria denounced international envoy Lakhdar Brahimi as "flagrantly biased" on Thursday, casting doubt on how long the U.N.-Arab League mediator can pursue his peace mission. The Syrian Foreign Ministry was responding to remarks by Brahimi a day earlier in which he ruled out a role for President Bashar al-Assad in a transitional government and effectively called for...

Read More..

Wall Street edges up after Alcoa beats revenue estimates

NEW YORK (Reuters) - Stocks edged higher on Wednesday after Alcoa got the earnings season under way with better-than-expected revenue and an encouraging outlook for the year. The market's rise came after two-days of declines as there were few catalysts to give direction and investors fretted about the start of earnings season after the prior quarter's lackluster performance. ...

Read More..

AP Source: Surgery reveals damage to RG3's ACL

WASHINGTON (AP) — A person familiar with the situation says the surgery on Robert Griffin III's knee revealed damage to the ACL.The Washington Redskins quarterback had surgery Wednesday morning to repair a torn lateral collateral ligament in his right knee. The procedure also examined Griffin's ACL, which he tore while playing for Baylor in 2009. Another torn ACL would complicate Griffin's chances...

Read More..

Giant squid captured on video in ocean depths

TOKYO (AP) — After years of searching, scientists and broadcasters say they have captured video images of a giant squid in its natural habitat deep in the ocean for the first time.The three-meter (nine-foot) invertebrate was filmed from a manned submersible during one of 100 dives in the Pacific last summer in a joint expedition by Japanese public broadcaster NHK, Discovery Channel and Japan’s National...

Read More..

Karzai's U.S. visit a time for tough talk

The last time Presidents Obama and Karzai met was in May in Kabul, when they signed a pact regarding U.S. troop withdrawal.STORY HIGHLIGHTSAfghan President Karzai meeting with President Obama in Washington this weekFelbab-Brown: Afghan politics are corrupt; army not ready for 2014 troop pulloutShe says Taliban, insurgents, splintered army, corrupt officials are all jockeying for powerU.S. needs to...

Read More..

Baseball Hall of Fame to render verdict on Steroid Era

Jon Keller reports ...

Read More..