"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...

Read More..

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....

Read More..

Google moves closer to resolving EU investigation

BRUSSELS (Reuters) – Google has offered to take specific steps to allay competition regulators’ concerns about its business practices, in a major move towards ending a two-year investigation and avoiding billions of dollars in fines.The European Commission said on Friday it had received detailed proposals from the world’s most popular search engine, which has been under investigation following complaints...

Read More..

Jennifer Lawrence: 'My Pants Fell Off' at the SAG Awards!

Stylewatch Style News Now 02/01/2013 at 12:00 PM ET She’s been picking up Best Actress statues left and right for the few weeks, but we’re giving Jennifer Lawrence an award that really counts: Best Narration of a Wardrobe Malfunction.“My...

Read More..

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...

Read More..

S&P 500 rises one percent as Wall Street rallies

NEW YORK (Reuters) - U.S. stocks hit five-year highs with each of the three major indexes up at least 1 percent on Friday, after jobs and manufacturing data showed the economy's sluggish recovery is still on track. The Dow Jones industrial average <.dji> gained 139.22 points, or 1.00 percent, to 13,999.80. The Standard & Poor's 500 Index <.spx> rose 15.04 points, or 1.00...

Read More..

Syria warns of "surprise" response to Israel attack

BEIRUT/AMMAN (Reuters) - Syria warned on Thursday of a possible "surprise" response to Israel's attack on its territory and Russia condemned the air strike as an unprovoked violation of international law. Damascus could take "a surprise decision to respond to the aggression of the Israeli warplanes", Syrian ambassador to Lebanon Ali Abdul-Karim Ali said a day after Israel struck against...

Read More..

The 7 most dedicated employees

You probably don’t want to forward this roster of tireless go-getters to your bossSome people probably feel they deserve a medal for merely getting up and going to work every day, but only a few actually merit one. Take Deborah Ford, for example. This 64-year-old Detroit postal worker, who recently retired, didn’t use a single sick day in all of her 44 years on the job. Not a single one!...

Read More..

Slain School Bus Driver Hailed as Hero After Gunman Demanded Students

True Crime By Stephen M. Silverman 01/31/2013 at 12:50 PM EST Law enforcement personnel and driver Charles Poland (inset) Phil Sears/Landov; Inset: AP When a gunman boarded a stopped school bus in Midland City, Ala., Tuesday afternoon and demanded that all the...

Read More..

Sex to burn calories? Authors expose obesity myths

Fact or fiction? Sex burns a lot of calories. Snacking or skipping breakfast is bad. School gym classes make a big difference in kids' weight.All are myths or at least presumptions that may not be true, say researchers who reviewed the science behind some widely held obesity beliefs and found it lacking.Their report in Thursday's New England Journal of Medicine says dogma and fallacies are detracting...

Read More..