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. ...

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Durant's 42 helps send Lakers to 6th straight loss

LOS ANGELES (AP) — Kevin Durant hit a 3-pointer in the final second of the first half and did a full reverse somersault to celebrate a 16-point lead. The Thunder were running the Lakers out of their own building, and not even Kobe Bryant could stop them.Oklahoma City is again clearly among the best teams in the Western Conference, and the struggling Lakers may not have enough time left in the season...

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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...

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14-year-old boy killed on West Side

Two gunmen shot a 14-year-old boy several times Friday night as he stood on his porch, leaving the boy to die in the front hallway...

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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...

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Stock index futures point to flat open

LONDON (Reuters) - Stock index futures indicated a flat-to-slightly lower open on Wall Street on Friday, with some traders citing nervousness ahead of results from financial group Wells Fargo due later in the day. Futures for the S&P 500 and Nasdaq 100 were flat by 04.30 EST, while futures for the Dow Jones were 0.1 percent lower. "There's maybe a little bit of nervousness...

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Researchers: NFL's Seau had brain disease

When he ended his life last year by shooting himself in the chest, Junior Seau had a degenerative brain disease often linked with repeated blows to the head.Researchers from the National Institutes of Health said Thursday the former NFL star's abnormalities are consistent with chronic traumatic encephalopathy, or CTE.The hard-hitting linebacker played for 20 NFL seasons with San Diego, Miami and New...

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Flu, Whooping Cough and Vomiting Virus: What’s Going On?

The United States is seeing its fair share of illness this winter.The country is in the midst of a particularly bad flu season, the worst outbreak of whooping cough since 1955, and an emerging outbreak of norovirus (a stomach bug that causes diarrhea and vomiting.)Despite the seeming inundation of illness, experts say there is no connection between the three outbreaks, or any reason why all three...

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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...

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Cyanide: 'A poison we fear'

If Urooj Khan's remains are exhumed in coming days as expected, authorities will attempt to retrace the devastating course of...

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Afghan troop levels top agenda for Obama-Karzai talks

WASHINGTON (Reuters) - President Barack Obama and Afghan President Hamid Karzai will hold a critical round of talks on Friday that could help determine how fast the United States withdraws troops from Afghanistan and whether it leaves a residual force after 2014. Hosting Karzai at the White House, Obama faces the challenge of pressing ahead with his re-election pledge to continue winding...

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Stock index futures point to second day of gains

LONDON (Reuters) - U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq 100 all around 0.2 percent higher at 0920 GMT. European shares traded in sight of recent multi-month highs, with FTSEurofirst 300 <.fteu3> flat at 1,167.51 points by 0913 GMT <.eu> while Asian markets closed higher, supported...

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Steroids fallout: No BB Hall for Bonds, Clemens

NEW YORK (AP) — No one was elected to the Hall of Fame this year. When voters closed the doors to Barry Bonds, Roger Clemens and Sammy Sosa, they also shut out everybody else.For only the second time in four decades, baseball writers failed to give any player the 75 percent required for induction to Cooperstown, sending a powerful signal that stars of the Steroids Era will be held to a different standard.All...

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Octopus secures 54 million pounds funding for six UK solar parks

LONDON (Reuters) – Octopus Investments has secured 54.4 million pounds of funding from two banks to refinance investments in six solar parks in Britain, it said on Thursday.The British fund management company invests in solar projects on behalf of investors in some of its venture capital trusts, enterprise investment schemes and inheritance tax services.Over the past two years Octopus, in partnership...

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Terror group fills Syria rebels' space

STORY HIGHLIGHTSU.S. declared a key opposition group in Syria a terrorist organizationNew report says it is the most effective group in the opposition, with 5,000 fightersNada Bakos: The group has ties to al Qaeda but also seeks to provide social servicesShe says the chances are slim that it could be persuaded to give up radical goalsEditor's note: Nada Bakos is a former Central Intelligence Agency...

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New General Assembly to face many old issues

SPRINGFIELD— ...

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Analysis: Modi's Gujarat growth model might not work across India

SURAT, India (Reuters) - Turning a single Indian state with a long tradition of entrepreneurship and a solid political majority into an investor-friendly economic powerhouse is one thing. Replicating that experience across a diverse country of 1.2 billion would be a tougher prospect for Narendra Modi, whose leadership of booming Gujarat state has led to his being touted as a potential...

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Global shares buoyed by Alcoa earnings, dollar gains on yen

LONDON (Reuters) - World shares staged a modest recovery from two days of losses on Wednesday after aluminum giant Alcoa opened the U.S. earnings season with an optimistic outlook for world demand. However, with European and British central banks due to hold policy meetings on Thursday, the same day Spain will test demand for its debt and China releases its latest trade data, investors...

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