Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal. The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation...

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Te'o tells ESPN: Not involved in creating hoax

NEW YORK (AP) — Notre Dame linebacker Manti Te'o insisted he had no role in the bizarre hoax involving his "dead" girlfriend and told ESPN on Friday night that he was duped by a person who has since apologized to him.In an off-camera interview Friday with ESPN, Te'o said Ronaiah Tuiasosopo, a 22-year-old acquaintance who lives in California, contacted him two days ago and confessed to the prank. Deadspin.com...

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‘Planetary Parks’ Could Protect Space Wilderness

It’s a wilderness out there in outer space. And as robotic surrogates set the stage for human footprints on Mars and other planetary bodies, just how much respect for other worlds should we have?One suggested response would establish planetary parks for the solar system, an answer that ties together space science and exploration, ethics, law, policy, diplomacy and communications.The parks would be...

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Why Africa backs French in Mali

French-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensive French-led Mali offensive French-led Mali offensive French-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensive French-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensive French-led Mali offensive French-led Mali offensiveFrench-led...

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2 shot to death in separate attacks on South, West sides

Two men were shot to death in separate attacks within about 15 minutes of each other, one in Austin and one in Back of the Yards,...

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Foreigners still trapped in Sahara hostage crisis

ALGIERS/IN AMENAS, Algeria (Reuters) - More than 20 foreigners were captive or missing inside a desert gas plant on Saturday, nearly two days after the Algerian army launched an assault to free them that saw many hostages killed. The standoff between the army and al Qaeda-linked gunmen - one of the biggest international hostage crises in decades - entered its fourth day, having thrust...

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Chinese, U.S. data push global shares to twenty-month high

LONDON (Reuters) - World shares hit a 20-month high on Friday as encouraging data from the United States and China boosted prospects for the global economy, while the yen hit new lows ahead of next week's Bank of Japan meeting. China's economy grew at a slightly faster-than-expected 7.9 percent in the fourth quarter of 2012, the latest sign it is pulling out of a post-global financial...

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Armstrong admits doping: 'I'm a flawed character'

CHICAGO (AP) — He did it. He finally admitted it. Lance Armstrong doped.He was light on the details and didn't name names. He mused that he might not have been caught if not for his comeback in 2009. And he was certain his "fate was sealed" when longtime friend, training partner and trusted lieutenant George Hincapie, who was along for the ride on all seven of Armstrong's Tour de France wins from...

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Mild Weather for the Weekend, Plus Latest Drought Update…Looking Better!

NICE WEATHER INTO THE WEEKEND…Temperatures tomorrow, Saturday and Sunday will be in the low to mid 60s!  There will be lots of sunshine each day.  Chilly mornings though as we start in the 30s during the early going each morning.SNOW STORM FOR THE DEEP SOUTH…Snow in Mississippi, Alabama and Georgia today!  Below is the map from 4pm today.  You can see that area of low pressure...

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U.S. 'needs tougher child labor rules'

Cristina Traina says in his second term, Obama must address weaknesses in child farm labor standards STORY HIGHLIGHTSCristina Traina: Obama should strengthen child farm labor standardsShe says Labor Dept. rules allow kids to work long hours for little pay on commercial farmsShe says Obama administration scrapped Labor Dept. chief's proposal for tightening rulesShe says Labor Dept. must fix lax standards...

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Quinn to name former prosecutor Fitzgerald to UI board

Gov. Pat Quinn will name former U.S. Attorney Patrick Fitzgerald to the University of Illinois Board of Trustees, the Tribune...

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Hostages still held after Sahara assault

ALGIERS (Reuters) - At least 22 foreign hostages were unaccounted for on Friday and their al-Qaeda-linked captors threatened to attack other energy installations after Algerian forces stormed a desert gas complex to free hundreds of captives, resulting in dozens of deaths. With Western leaders clamoring for details of the assault they said Algeria had launched on Thursday without consulting...

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Futures signal mixed Wall Street open

LONDON (Reuters) - U.S. stock futures pointed to a mixed open on Wall Street on Thursday, with futures for the S&P 500 rising 0.1 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures falling 0.1 percent. Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing Co's 787 Dreamliner passenger jets while...

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Manti Te'o girlfriend's death apparently a hoax

SOUTH BEND, Ind. (AP) — Not long before Notre Dame played Michigan State last fall, word spread that Fighting Irish linebacker Manti Te'o had lost his grandmother and girlfriend within hours of each other.Te'o never missed a practice and made a season-high 12 tackles, two pass breakups and a fumble recovery in a 20-3 victory against the Spartans. His inspired play became a stirring story line for...

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Army’s largest solar array dedicated in New Mexico

ALBUQUERQUE, N.M. (AP) — The U.S. Army dedicated its largest solar energy-producing system on Wednesday at White Sands Missile Range in southern New Mexico.The $ 16.8 million array includes nearly 15,500 sun-tracking solar panels spread across 42 acres. It will be capable of producing 10 million kilowatt-hours of electricity each year — enough to meet about 10 percent of the need of the missile range.With...

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