IBM’s shines with fourth quarter, 2013 outlook

(Reuters) – IBM, the world’s largest technology services company, gave a better than expected 2013 outlook after a solid fourth quarter that analysts say has more to do with Big Blue’s smooth execution than a vibrant tech spending environment.Companies had been widely expected to hold back on IT purchases in December in part because of worries about the so-called U.S. fiscal cliff. Automatic tax increases...

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Defterios: What keeps Davos relevant

STORY HIGHLIGHTSSince the late 20th Century, the ski resort of Davos has been synonymous with the World Economic ForumDefterios: I first came to Davos as a relatively junior correspondent, two months after the Berlin Wall fellFall of Communism, China's opening, removal of apartheid in South Africa unfolded in the 90sIt's the inter-play between geo-politics and business is what keeps the forum relevantDavos...

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Massive blaze engulfs vacant Bridgeport warehouse

One-third of the Chicago Fire Department's on-duty personnel responded to a 5-11 alarm fire that engulfed a warehouse building,...

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Netanyahu turns focus to Iran after narrow election win

JERUSALEM (Reuters) - Hawkish Prime Minister Benjamin Netanyahu has claimed victory in Israel's parliamentary election, shrugging off surprise losses to centre-left challengers and vowing to stop Iran from acquiring nuclear weapons. However, Tuesday's vote, which also disappointed religiously inspired hardliners, may deflect the premier's focus on confronting Tehran and resisting Palestinian...

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Asian shares rise; BOJ easing spurs volatile yen, Nikkei trading

TOKYO (Reuters) - Asian shares rose on Tuesday amid optimism over the global growth outlook, but bold easing measures from the Bank of Japan failed to lift Tokyo equities and the yen rebounded from a brief sell-off as investors digested the central bank's actions. The MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> rose 0.4 percent to a fresh 17-1/2-month...

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Jim, John Harbaugh ready for rematch at Super Bowl

SANTA CLARA, Calif. (AP) — Jim and John Harbaugh have exchanged a handful of text messages, and plan to leave it at that. No phone conversations necessary while the season's still going. No time for pleasantries, even for the friendly siblings.There is work to be done to prepare for the Super Bowl, prepare for each other, prepare for a history-making day already being widely hyped as "Harbowl" or...

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New Asteroid-Mining Venture to Be Unveiled Tuesday

A new asteroid-mining company will unveil itself to the world on Tuesday (Jan. 22) and is expected to present an ambitious plan to exploit the resources of deep space.The new private spaceflight company, called Deep Space Industries, Inc., will reveal its plans at 1 p.m. EST (1800 GMT) Tuesday at the Santa Monica Museum of Flying in California. The new company is the second audacious project aimed...

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How Obama made opportunity real

STORY HIGHLIGHTSLZ Granderson: Specifics of Obama's first term may not be rememberedHe says his ability to win presidency twice is unforgettableGranderson: Obama, the first black president, makes opportunity real for manyHe says it makes presidency a possibility for people of all backgroundsEditor's note: LZ Granderson, who writes a weekly column for CNN.com, was named journalist of the year by the...

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Body of cyanide-poisoned lottery winner is reburied

Mohammed Zaman on the exhumation of his brother-in-law, poisoned lottery winner Urooj Khan. (Posted on: Jan. 21, 2013.) The body...

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Israel goes to polls, set to re-elect Netanyahu

JERUSALEM (Reuters) - Israelis voted on Tuesday in an election widely expected to win Prime Minister Benjamin Netanyahu a third term in office, pushing the Jewish State further to the right, away from peace with Palestinians and towards a showdown with Iran. Netanyahu has vowed to pursue the settlement of lands seized during the 1967 Middle East war if he stays in power, a policy that...

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