Wall Street Week Ahead: Bears hibernate as stocks near record highs

NEW YORK (Reuters) - Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now. Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock...

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In New Orleans, an unwelcome mat for Goodell

NEW ORLEANS (AP) — An effigy of NFL Commissioner Roger Goodell dangles from the front porch of a New Orleans home that is otherwise festively decorated with Saints paraphernalia.With restaurants and bars gearing up for an influx of Super Bowl XLVII visitors, the "Refuse to Serve Roger Goodell" page on Facebook had 107 likes as of Friday.A portrait of Goodell covers the bull's-eye on the dart board...

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Mass Human Sacrifice? Pile of Ancient Skulls Found

Archaeologists have unearthed a trove of skulls in Mexico that may have once belonged to human sacrifice victims. The skulls, which date between A.D. 600 and 850, may also shatter existing notions about the ancient culture of the area.The find, described in the January issue of the journal Latin American Antiquity, was located in an otherwise empty field that once held a vast lake, but was miles from...

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Can sanctions deter North Korea?

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Fourth sibling from same Chicago family killed by gun violence

A mom who the Chicago Tribune wrote about in 2000 because she had three kids die violently just had her last remaining child die 12 years later¿ after he had just appeared on TV to warn about gang violence. ...

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Riots over Egyptian death sentences kill at least 32

PORT SAID, Egypt/CAIRO (Reuters) - At least 32 people were killed on Saturday when Egyptians rampaged in protest at the sentencing of 21 people to death over a soccer stadium disaster, violence that compounds a political crisis facing Islamist President Mohamed Mursi. Armored vehicles and military police fanned through the streets of Port Said, where gunshots rang out and protesters burned...

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Wall Street Week Ahead: Bears hibernate as stocks near record highs

NEW YORK (Reuters) - Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now. Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock...

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Armstrong meeting with USADA appears unlikely

AUSTIN, Texas (AP) — Lance Armstrong's lawyers say the cyclist will talk more about drug use in the sport, just likely not to the U.S. Anti-Doping Agency that led the effort to strip him of his Tour de France titles.In a testy exchange of letters and statements revealing the gulf between the two sides, USADA urged Armstrong to testify under oath to help "clean up cycling."Armstrong's attorneys responded...

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Where is aid for Syria going?

STORY HIGHLIGHTSThe U.S. ambassador to Syria says the U.S. has provided $210 million in humanitarian aidThe assistance has to be discrete, he said, to protect workers from being targetedWashington has also provided $35 million worth of assistance to Syria's political oppositionAmbassador: We can help, but it's up to Syrians to find their way forward(CNN) -- It has been more than a year since the United...

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Egypt deploys troops in Suez after 9 killed on anniversary of uprising

CAIRO/ISMAILIA, Egypt (Reuters) - Egypt's armed forces deployed troops in the city of Suez early on Saturday after nine people were shot dead during nationwide protests against President Mohamed Mursi, underlining the country's deep divisions as it marked the second anniversary of the uprising that toppled Hosni Mubarak. Eight of the dead, including a policeman, were shot dead in Suez,...

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Asian shares down; Seoul hit by weak techs but Nikkei surges

TOKYO (Reuters) - Asian shares fell on Friday, hurt by a drop in regional technology stocks and on caution ahead of the corporate earnings season, but gains in Japan and Australia limited overall losses for equities. Upbeat manufacturing reports from the United States, Germany and China underpinned sentiment for other assets, supporting copper while curbing selling pressure in oil. ...

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Voice of Te'o prankster? Couric plays voicemails

NEW YORK (AP) — The person Manti Te'o says was pretending to be his online girlfriend told the Notre Dame linebacker "I love you" in voicemails that were played during his interview with Katie Couric.Taped earlier this week and broadcast Thursday, the hour-long talk show featured three voicemails that Te'o claims were left for him last year. Te'o said they were from the person he believed to be Lennay...

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How Obama Could Nix the Keystone Pipeline (And Why He Won’t)

President Obama will be confronted with the first big policy decision of his second term where environmentalists and business interests are at odds: the Keystone XL oil pipeline. Despite promising to act on climate change in his inaugural speech, all signs point to the controversial project going forward.RELATED: Gore: Obama Has ‘Failed to Stand Up’ on Global WarmingOn Wednesday, a majority of...

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Where is aid for Syria going?

STORY HIGHLIGHTSThe U.S. ambassador to Syria says the U.S. has provided $210 million in humanitarian aidThe assistance has to be discrete, he said, to protect workers from being targetedWashington has also provided $35 million worth of assistance to Syria's political oppositionAmbassador: We can help, but it's up to Syrians to find their way forward(CNN) -- It has been more than a year since the United...

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Soccer coach suspended in Maine West hazing case

Another soccer coach linked to hazing allegations on athletic teams at Maine West High School has been suspended without pay...

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