Jan
16

Wall Street flat as Apple gains, Boeing weighs

NEW YORK (Reuters) - U.S. stocks were little changed on Wednesday as concerns about global economic growth and a drop in Boeing shares offset strong bank results and gains in technology stocks. Goldman Sachs shares hit their highest level since June 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses, while JPMorgan Chase said fourth-quarter...
Read More..

Lance Armstrong may not be done confessing

Lance Armstrong may not be done confessing.His interview with Oprah Winfrey hasn't aired yet, but already some people want to hear more — under oath — before Armstrong is allowed to compete in elite triathlons, a sport he returned to after retiring from cycling in 2011. In addition to stripping him of all seven of his Tour de France titles last year, anti-doping officials banned Armstrong for life...
Read More..

Smoke-Black Space Cloud Hides Baby Stars in Amazing Photo

A jaw-dropping new photo from a telescope in South America has revealed a smoke-black cloud in deep space hiding a bustling nursery of baby stars.The new image, captured by a telescope at the European Southern Observatory in Chile, is the best view ever of the dark space cloud Lupus 3. The cosmic cloud is about 600 light-years from Earth in the constellation Scorpious (The Scorpion).The observatory...
Read More..

Should we give Lance another chance?

STORY HIGHLIGHTSMike Downey: I haven't a smidgen of sympathy for the dope "pedaler"Randy Cohen: If many cycling fans are right, most of the top riders engaged in doping Jeff Pearlman: Lance racing again is not truly an option anyway -- he's almost 42 John Hoberman: Any lifting of his lifetime ban should be based on his total cooperation (CNN) -- CNN asked for views on whether disgraced cyclist Lance...
Read More..

Two airlines ground Dreamliners after emergency landing

Japan's two leading airlines grounded their fleets of Boeing 787s on Wednesday after one of the Dreamliner passenger jets made...
Read More..

Dozens held after Islamists attack Algerian gas field

ALGIERS (Reuters) - Islamist militants attacked a gas field in Algeria on Wednesday, claiming to have kidnapped up to 41 foreigners including seven Americans in a dawn raid in retaliation for France's intervention in Mali, according to regional media reports. The raiders were also reported to have killed three people, including a Briton and a French national. An al Qaeda...
Read More..
Jan
15

Apple stock's continuing decline drags Wall Street lower

NEW YORK (Reuters) - Stocks fell on Tuesday on continued selling of tech heavyweight Apple and concerns over the brewing fight in Washington over raising the U.S. debt ceiling. Apple fell for the third day in a row as the biggest drag on both the S&P 500 and Nasdaq 100 <.ndx> after reports on Monday of cuts to orders for iPhone parts. Apple was down nearly 3 percent at $487.50...
Read More..

Oprah: Lance Armstrong admitted doping

AUSTIN, Texas (AP) — Lance Armstrong has finally come clean.Armstrong confessed to doping during an interview with Oprah Winfrey taped Monday, just a couple of hours after a wrenching apology to staff at the Livestrong charity he founded and has now been forced to surrender.The day ended with 2 1/2 hours of questions from Winfrey at a downtown Austin hotel, where she said the world's most famous cyclist...
Read More..

Chevron set to win Lithuanian shale gas license

VILNIUS, Lithuania (AP) — U.S. energy giant Chevron is poised to win a license for shale gas exploration in Lithuania, officials in the Baltic state announced Tuesday.The license is for a field in western Lithuania, an area near the Baltic Sea where several small firms extract a tiny amount of crude oil. Last year Chevron bought a 50 percent stake in one of these firms, LL Investicijos, which owns...
Read More..

Are gun curbs just symbolism?

STORY HIGHLIGHTSGun violence recommendations are expected from Vice President Biden on TuesdayThe proposals are expected to contain substantive and symbolic ideas to curb gun violencePresidents use symbolism to shift public opinion or affect larger political or social changeWashington (CNN) -- The pictures told the story: Vice President Joe Biden looked solemn, patrician and in control as he sat at...
Read More..