"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January. Late-stage bull markets...

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Turkey says tests confirm leftist bombed U.S. embassy

ISTANBUL (Reuters) - A member of a Turkish leftist group that accuses Washington of using Turkey as its "slave" carried out a suicide bomb attack on the U.S. embassy, the Ankara governor's office cited DNA tests as showing on Saturday. Ecevit Sanli, a member of the leftist Revolutionary People's Liberation Army-Front (DHKP-C), blew himself up in a perimeter gatehouse on Friday as he tried...

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The Next PlayStation: 5 Lessons I Hope Sony’s Learned

From wishful thinking to shockingly sudden all-but-certainty, Sony‘s next game system may be here at last (I’ll try to avoid calling it things Sony hasn’t, like “PlayStation 4″ or “Orbis”), apparently head-faking Microsoft to debut earlier than expected at what’ll no doubt be a media circus in New York (and online) come Feb. 20.The event invite cleared my inbox last night accompanied by, well,...

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Kate's Engagement Dress Gets a Maternity Makeover

Mom & Babies Celebrity Baby Blog 02/01/2013 at 10:00 AM ET Randy Holmes/ABCJust in time!Now that the Duchess of Cambridge is expecting her first child, she won’t have to search hard to recreate some of her famous pre-pregnancy looks.The beautiful navy silk Issa London dress the 31-year-old wore during...

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New rules aim to get rid of junk foods in schools

WASHINGTON (AP) — Most candy, high-calorie drinks and greasy meals could soon be on a food blacklist in the nation's schools.For the first time, the government is proposing broad new standards to make sure all foods sold in schools are more healthful.Under the new rules the Agriculture Department proposed Friday, foods like fatty chips, snack cakes, nachos and mozzarella sticks would be taken out...

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Wall Street surges to five-year highs; Dow ends above 14,000

NEW YORK (Reuters) - Stocks rose to five-year highs on Friday, with the Dow closing above 14,000 for the first time since October 2007, after jobs and manufacturing data showed the economy's recovery remains on track. The S&P touched its highest since December 2007 after a 5 percent gain in January, which was its best start to a year since 1997. The index is now just about 60 points...

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Suicide bomber kills guard at U.S. embassy in Turkey

ANKARA (Reuters) - A far-leftist suicide bomber killed a Turkish security guard at the U.S. embassy in Ankara on Friday, officials said, blowing open an entrance and sending debris flying through the air. The attacker detonated explosives strapped to his body after entering an embassy gatehouse. The blast could be heard a mile away. A lower leg and other human remains lay on the street. ...

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Apple edges out Samsung for mobile phone sales lead in fourth quarter

SAN FRANCISCO (Reuters) – Apple Inc became the top mobile phone seller for the first time in the lucrative U.S. market during the fourth quarter of 2012, outshining arch rival Samsung Electronics Co Ltd, a report by Strategy Analytics showed.Apple‘s share of the U.S. mobile phone market, including feature phones and smartphones, jumped to 34 percent from 26 percent, while Samsung’s share grew to 32.3...

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One Last Thing with Kevin Bacon

By Paul Chi 02/01/2013 at 04:30 PM EST Veteran actor Kevin Bacon, 54, stars in the new FOX thriller The Following. This week he took time to chat about his "lasts" with PEOPLE.Last gift I boughtMy wife [Kyra Sedgwick] always wanted a bathtub. So I secretly had one put in our New York home. Every time she takes...

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Obama offers faith groups new birth control rule

WASHINGTON (AP) — Facing a wave of lawsuits over what government can tell religious groups to do, the Obama administration on Friday proposed a compromise for faith-based nonprofits that object to covering birth control in their employee health plans.Some of the lawsuits appear headed for the Supreme Court, threatening another divisive legal battle over President Barack Obama's health care overhaul...

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S&P 500 posts biggest monthly gain since October 2011

NEW YORK (Reuters) - Stocks edged lower on Thursday on caution ahead of Friday's all-important jobs report, but the S&P 500 still posted its best monthly gain since October 2011. The benchmark S&P 500 advanced 5.1 percent in January as investors cheered a compromise that temporarily postponed the impact of the "fiscal cliff" and fourth-quarter earnings were better than expected....

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Syria protests over Israel attack, warns of "surprise"

BEIRUT/AMMAN (Reuters) - Syria protested to the United Nations on Thursday over an Israeli air strike on its territory and warned of a possible "surprise" response. The foreign ministry summoned the head of the U.N. force in the Israeli-occupied Golan Heights to deliver the protest a day after Israel hit what Syria said was a military research centre and diplomats said was a weapons convoy...

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OpenStack at Linux.conf.au 2013

I’m writing this blog post from Canberra Australia, while attending the Linux.conf.au (LCA) open source conference. Among the people who do these sorts of things, LCA has a well deserved reputation as one of the very best open source conferences in the world.Geeks from across Australia and New Zealand, and from across the rest of the world, come together for a week in January (summer in this part...

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Style Rx: Can Mariah Carey's Midriff Mistake Be Fixed?

Stylewatch Style News Now 01/31/2013 at 04:15 PM ET Dave Spencer/Splash News OnlineWho: Mariah CareyWhere: Enjoying the unseasonably warm weather in N.Y.C. WednesdayDiagnosis: All symptoms indicate that Carey has taken Throwback...

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Hedgehog Alert! Prickly pets can carry salmonella

NEW YORK (AP) — Add those cute little hedgehogs to the list of pets that can make you sick.In the last year, 20 people were infected by a rare but dangerous form of salmonella bacteria, and one person died in January. The illnesses were linked to contact with hedgehogs kept as pets, according to a report released Thursday by the Centers for Disease Control and Prevention.Health officials on Thursday...

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Wall Street ends lower after Fed statement

NEW YORK (Reuters) - Stocks fell on Wednesday after the Federal Reserve said in its latest statement that economic growth had stalled but indicated the pullback was likely temporary. Stocks were flat for most of the session prior to the Fed statement at the end of a two-day policy meeting. The Fed repeated its pledge to keep purchasing securities until employment improves substantially....

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Egypt curfew scaled back as Mursi seeks end to bloodshed

CAIRO/BERLIN (Reuters) - Egyptian authorities scaled back a curfew imposed by President Mohamed Mursi, and the Islamist leader cut short a visit to Europe on Wednesday to deal with the deadliest violence in the seven months since he took power. Two more protesters were shot dead before dawn near Cairo's central Tahrir Square on Wednesday, a day after the army chief warned that the state...

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TSX closes lower as RIM, Fed decision weigh

TORONTO (Reuters) – Canada’s main stock index closed lower on Wednesday, hurt by a fall in Research In Motion Ltd after it released its long-awaited BlackBerry 10 devices, and broad market weakness after the U.S. Federal Reserve decided to leave its stimulus program intact.The Toronto Stock Exchange‘s S&P/TSX composite index <.gsptse> closed 36.12 points, or 0.28 percent, lower at 12,794.44....

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Mary O'Connor's Life Inside the Playboy Mansion

For four decades, Hugh Hefner's longtime secretary was a constant source of companionship for the Playboy founder and his bunnies Credit: Elayne Lodge Updated: Wednesday Jan 30, 2013 | 02:05 PM EST By: Dahvi Shira Subscribe Now ...

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APNewsBreak: EPA moves to ban some rodent poisons

WASHINGTON (AP) — The Environmental Protection Agency is moving to ban the sale of a dozen rat and mouse poisons sold under the popular D-Con brand in an effort to protect children and pets.The agency said Wednesday it hopes to reduce the thousands of accidental exposures that occur every year from rodent-control products. Children and pets are at risk for exposure because the products typically...

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Wall Street advances as defensive stocks extend rally

NEW YORK (Reuters) - Stocks advanced on Tuesday, led by defensive sectors, in a sign the cash piles recently moving into the market are being put to use by cautious investors to pick up more gains. The S&P 500 is on track to post its best monthly performance since October 2011 and its best January since 1997 as investors poured $55 billion in new cash into stock mutual funds and exchange-traded...

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Sixty-five found executed in Syria's Aleppo: activists

BEIRUT (Reuters) - At least 65 people were found shot dead with their hands bound in the northern Syrian city of Aleppo on Tuesday in a "new massacre" in the near two-year revolt against President Bashar al-Assad, activists said. Opposition campaigners blamed the government but it was impossible to confirm who was responsible. Assad's forces and rebels have been battling in Syria's commercial...

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Survey shows strong consumer interest in BlackBerry 10, but few are willing to buy just yet

The good news for RIM (RIMM): Lots of people are interested in checking out its upcoming BlackBerry 10 platform. The bad news: Few are willing to commit to buying a BlackBerry 10 device at the moment. According to a new online survey of more than 1,100 Americans commissioned by mobile application specialist BiTE interactive and conducted by reputable pollster YouGov, 47% of Americans find “at least...

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