Pages

Friday, April 27, 2012

Stocks edge higher on Wall Street; Amazon surges

Stocks edge higher on Wall Street; Amazon surges


Stocks edge higher on Wall Street; Amazon surges

Posted:

In an April 23, 2012 photo Robert Arciero, right, works with fellow traders on the floor of the New York Stock Exchange. Wall Street headed for a mixed opening Friday April 27, 2012, with Dow Jones industrial futures slipping marginally while the S&P 500 futures fell 0.1 percent (AP Photo/Richard Drew)Stocks are trading slightly higher late Friday as investors weigh corporate profit gains against disappointing economic news.


NCAA cites South Carolina for failure to monitor

Posted:

FOR USE AS DESIRED WITH NFL DRAFT STORIES - FILE - In this Sept. 17, 2011, file photo, Navy fullback Alexander Teich, left, is tackled by South Carolina defensive end Melvin Ingram, right, during the second half of an NCAA college football game at Williams-Brice Stadium, in Columbia, S.C. Ingram is a top prospect in the upcoming NFL football draft. (AP Photo/Brett Flashnick, File)The NCAA has ruled that South Carolina failed to monitor its athletic program that resulted in various rules violations and has accepted the school's proposed sanctions to cut six football scholarships and slash its official recruiting visits by more than half in the coming year.


West Point cadets visit NJ city to see diversity

Posted:

A group of West Point cadets is learning about other cultures without leaving the United States: They are visiting Jersey City, N.J., one of the most diverse places in America.

University of Texas allowing fight at Sun Bowl

Posted:

FILE - In this April 24, 2012, file photo Julio Cesar Chavez Jr. left, and his opponent Andy Lee pose for pictures during a news conference at Sun Bowl Stadium in El Paso, Texas. A federal risk assessment of the West Texas boxing match between the two that had been cancelled, predicted it would draw leaders from two rival drug cartels, but noted the cartels had declared the event a The University of Texas System chancellor announced Friday he will allow a high-profile boxing match to be held on the school's El Paso campus if law enforcement can ensure a safe environment, reversing a 3-day-old ban that had upset city leaders.


Judge weighs dismissing Boeheim defamation suit

Posted:

A judge says he expects to announce a decision in two weeks after hearing arguments on a motion to dismiss a defamation lawsuit against Syracuse University and men's basketball coach Jim Boeheim (BAY'-hym).

Detroit Tigers outfielder Delmon Young arrested

Posted:

FILE - In this April 12, 2012, file photo, Detroit Tigers' Delmon Young bats against the Tampa Bay Rays during a baseball game in Detroit. Young has been arrested on a hate crime assault charge after police say he attacked a group of men and yelled anti-Semitic epithets in New York. He was first hospitalized because he was believed to be intoxicated, police said, but he was believed to be at a police precinct. A call to the team and a message sent to his agent weren't immediately returned Friday, April 27. (AP Photo/Duane Burleson, File)Detroit Tigers left fielder Delmon Young was arrested Friday on a hate crime harassment charge after police said he got into a fight with a group of men and yelled anti-Semitic epithets.


Cuban actor wishes missing cast mates happiness

Posted:

Director Lucy Mulloy and Dariel Arrechada, the only actor who made it to the Tribeca Film FestivalThe winner of a best actor award at the Tribeca Film Festival for a movie about Cuban boat people wished a happy life to two fellow cast members who went missing enroute to New York.


New York prosecutors probe law firm Dewey & LeBoeuf

Posted:

NEW YORK (Reuters) - New York prosecutors are looking into possible financial mismanagement at Dewey & LeBoeuf after lawyers at the law firm requested an investigation, two people familiar with the matter said on Friday. Dewey & LeBoeuf, a major U.S. law firm, has lost some 70 of its 300 partners since the beginning of the year. The defections, coupled with debt, have left the firm struggling to stay afloat. ...

Romania left-wing opposition leader named PM

Posted:

Romanian Prime Minister Mihai Razvan Ungureanu (bottom left) stands next to government members in the parliamentRomanian President Traian Basescu wasted no time Friday naming a left-wing opposition leader to succeed the toppled centre-right prime minister in a bid to reassure financial markets.


A weaker first quarter doesn't mean a weak year

Posted:

In this April 24, 2012, file photo, women and girls carry purchases on the Third Street Promenade in Santa Monica, Calif. The Commerce Department said Friday, April 27, 2012, that the economy expanded at an annual rate of 2.2 percent in the January-March quarter, compared with a 3 percent gain in the final quarter of 2011. Consumers spent at the fastest pace in more than a year. (AP Photo/Reed Saxon, File)The U.S. economy grew more slowly in the first three months of this year. Governments spent less, and businesses cut back on investment. But consumers spent at the fastest pace in more than a year.


Feds: Ill. suspect spent stolen millions on horses

Posted:

FILE - This November 2011 file photo, provided by The American Quarter Horse Journal shows Rita Crundwell, of Dixon, Ill., posing with her horse, Pizzazzy Lady, at the 2011 American Quarter Horse Association World Championship Show in Oklahoma City. Crundwell, the Dixon comptroller, was arrested April 17, 2012 by the FBI and accused of siphoning off a staggering $30 million in funds from the city of Dixon to support her ranches. (AP Photo/Courtesy of The American Quarter Horse Journal)The small-town bookkeeper dazzled friends and co-workers with invitations to her immaculate horse ranch and home, where she displayed trophies hauled back from world championship exhibitions and visitors in cowboy hats arrived to buy some of the best-bred horses in the nation.


Space shuttle Enterprise lands in New York atop jet

Posted:

Space Shuttles Enterprise rides atop a NASA modified 747 plane over the Statue of Liberty in New YorkNEW YORK (Reuters) - The space shuttle Enterprise flew to New York from Washington on Friday piggybacking atop a Boeing 747 and made a dramatic flight along the Hudson River past the Statue of Liberty to the delight of observers. En route to John F. Kennedy International Airport, the retired shuttle flew at low altitude along the river, giving residents of New York and New Jersey an extraordinary view of the craft, which will be put on display at a New York museum. ...


Suddenly Someone: Finding fleeting political fame

Posted:

FILE - In this Sept. 27, 2000, file photo Democratic presidential candidate Vice President Al Gore kisses Iowa retiree Winifred Skinner, 79, after listening to her talk about how she struggles with the high costs of prescriptions, as Gore spoke on his Medicare agenda at a community center in Altoona, Iowa. Wanna be famous? Forget reality TV. The presidential campaign could be just the ticket from nowhere to notoriety. It can be done with a heartfelt story. An off-hand remark. Or simply by having a distant connection to someone who's Somebody. Skinner told Gore she collects discarded cans to supplement her pension. (AP Photo/ J. Scott Applewhite, File)Wanna be famous?


Reef shark populations in steep decline: study

Posted:

The number of sharks was drastically lower near populated islandsReef sharks have dropped sharply near populated islands in the Pacific Ocean, scientists said Friday.


Dolphin wanders into Calif. wetlands

Posted:

Marine mammal experts have decided to rescue a dolphin that wandered into Southern California's Bolsa Chica wetlands near Huntington Beach.

Dutch ban takes aim at foreigners buying pot

Posted:

FILE - In this Friday April 20, 2012 file photo a protestor from Belgium with a marijuana leaf painted on his face smokes a marijuana joint in Amsterdam during a protest against a government plan to stop foreigners from buying marijuana in the Netherlands. A Dutch judge has upheld the government's plan to introduce a This country of canals and tulips is also famous for "coffee shops" where joints and cappuccinos share the menu. Now, the Netherlands' famed tolerance for drugs could be going up in smoke.


U.S. Republicans insert healthcare into student loan fight

Posted:

U.S. President Obama speaks at the University of Iowa about the rising costs of educationWASHINGTON (Reuters) - The Republican-led U.S. House of Representatives defied a veto threat by President Barack Obama on Friday and voted to take money from his healthcare overhaul to extend low-interest rates for federal student loans. On a mostly party-line vote of 215-195, the House sent the measure to the Senate where Obama's Democrats are certain to reject it. Like the president, they want to renew the low rate, but favor covering the one-year, $6 billion cost by ending a tax break for the rich. ...


Automakers may have dodged resin shortage threat

Posted:

The auto industry may have steered its way around another crisis, avoiding a second major disruption of its supply chain in a year.

Thousands protest, bombs rock Damascus

Posted:

At least 11 people died and dozens were wounded in the Damascus bomb blastTens of thousands protested across Syria on Friday as a deadly suicide bombing rocked the capital, killing 11 people and fuelling growing scepticism over the prospects of a UN-backed peace plan.


Ford 1Q earns fall on Europe slump, tax rate

Posted:

FILE - This Oct. 25, 2011, file photo, shows a Ford logo,on the tailgate of a pick-up truck, and on a Ford dealership sign at Salem Ford in Salem, N.H. Ford Motor Co. said Friday, April 27, 2012, its net income fell by 45 percent in the first quarter as European sales plummeted and the company paid higher taxes. It earned $1.4 billion, or 35 cents per share, in the first quarter. (AP Photo/Charles Krupa, File)Ford Motor Co. has tidied up North America, sweeping out old products and excess costs. But the rest of the world keeps making a mess.


Pa. AG objects to Sandusky defense's subpoena use

Posted:

Jerry Sandusky's lawyers have been improperly issuing subpoenas and using them for a fishing expedition to aid his defense against child sex-abuse charges, prosecutors said in a court filing Friday.

Son: Bedbug bites caused rash that stopped flight

Posted:

This photo from video provided by WLS-TV in Chicago shows fire and ambulance crews on the runway at Midway Airport after reports of a medical emergency that led to the quarantine of a Delta airplane Thursday, April 26, 2012, in Chicago. (AP Photo/WLS-TV) TELEVISION OUTBedbugs.


Capitals' Ward: Race issue 'will always be there'

Posted:

Washington Capitals right wing Joel Ward, center, is congratulated by teammates after his game-winning goal against the Boston Bruins during overtime of Game 7 of an NHL hockey Stanley Cup first-round playoff series in Boston, Wednesday, April 25, 2012. The Capitals won 2-1. From left with Ward are Karl Alzner, John Carlson and Nicklas Backstrom. (AP Photo/Charles Krupa)Washington Capitals players tapped the ice with sticks when Joel Ward skated onto the rink for practice Friday, and some fans rose for a standing ovation in support of the player whose series-winning goal was greeted with a racial outburst on Twitter.


Boeing debuts first 787 Dreamliner made in South Carolina

Posted:

A 787 Dreamliner passenger jet is being assembled at Boeing's South Carolina facility in North CharlestonCHARLESTON, South Carolina (Reuters) - Boeing Co on Friday unveiled the first 787 Dreamliner made in its new South Carolina assembly plant, a factory at the center of a bitter labor dispute last year and the site of a recent manufacturing glitch that threatened to disrupt the 787 production rate target. The lightweight, sleek airplane rolled off the Charleston assembly line to the cheers of thousands of blue-shirted Boeing employees, local officials and news media. Charleston is the second assembly line for the aircraft. The first line is in Everett, Washington. ...


APNewsBreak: UT System allowing fight at Sun Bowl

Posted:

University of Texas System Chancellor Francisco Cigarroa says he will allow a high-profile boxing match to be held on the El Paso campus, reversing a 3-day-old ban that had upset city officials.

Minn. air passenger: Water filtration pipes in bag

Posted:

Security receives incoming baggage after Terminal 2 reopened following an evacuation due to a suspicious bag at Minneapolis-St. Paul International Airport in Minneapolis, Friday, April 27, 2012. Airport police evacuated the ticketing lobby and closed inbound traffic to Terminal 2 early Friday after a bag set off an alarm when it was scanned by screeners. (AP Photo/The Star Tribune, Elizabeth Flores) MANDATORY CREDIT; ST. PAUL PIONEER PRESS OUT; MAGS OUT; TWIN CITIES TV OUTA checked bag containing PVC pipes and several wires prompted authorities to briefly clear out a Minneapolis airport terminal Friday, and its owner told police it was the second time in three years his device had forced an airport evacuation, an official said.


Montpellier march on in Toulouse

Posted:

Toulouse's defender Aymen Abdennour (R) clashes with Montpellier's midfielder Younes BelhandaMontpellier pulled five points clear of Paris Saint Germain at the top of the French league on the back of a 1-0 win at Toulouse on Friday.


Zynga investors worry about growth, shares slump

Posted:

Shares of Zynga Inc. declined further on Friday, even after the online game maker reported first-quarter results that surpassed Wall Street's expectations. Nervous investors are looking for any signs of a slowdown for the young company, which completed its initial public offering in December.

Natural gas prices rise, benchmark oil up slightly

Posted:

Battered natural gas prices are getting a bit of a break as cooler spring weather raises expectations that demand may improve.

Lawmakers optimistic about cyber bill prospects

Posted:

House Speaker John Boehner of Ohio speaks during his weekly news conference on Capitol Hill in Washington, Thursday, April 26, 2012. (AP Photo/Jacquelyn Martin)House Republicans and Democrats expressed optimism Friday about sending a cybersecurity bill to President Barack Obama this year despite significant disagreements with the Senate and the White House.


Kazakhstan warns about 'evil' foreign reporters

Posted:

Prosecutors in Kazakhstan have characterized foreign correspondents as "evil" in an indictment accusing 37 residents of a western oil town of inciting and participating in mass unrest that led to at least 16 deaths.

Ex-Edwards aide to retake the stand for 5th day

Posted:

FILE - In this April 12, 2012, file photo, former presidential candidate and U.S. Sen. John Edwards arrives outside federal court in Greensboro, N.C. Andrew Young retook the witness stand for a fourth straight day at Edwards' criminal trial in a North Carolina courthouse over accused campaign finance violations on Thursday, April 26, 2012. The former aide was the first witness called by the prosecution and is key to making the government's case that Edwards directed a scheme to use nearly $1 million in secret payments from two wealthy donors used to help hide his pregnant mistress as he campaigned for the White House in 2008. Edwards has pleaded not guilty to six criminal counts and faces up to 30 years behind bars if convicted. (AP Photo/Gerry Broome, File)Opposing lawyers in the John Edwards trial wrangled Friday over whether to allow into evidence a sex tape of the former presidential candidate and allegations of an extramarital affair involving an ex-aide who is the prosecution's chief witness.


Wall Streey climbs for fourth day; Amazon, Expedia rally

Posted:

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - U.S. stocks advanced for a fourth day on Friday, led by gains in technology after stronger-than-expected earnings from Amazon.com Inc and Expedia Inc offset a weaker-than-expected reading on economic growth. Expedia shares surged 26.7 percent to $41.33 and was the top percentage gainer on Nasdaq, followed by Amazon, which climbed 15.5 percent to $226.30. The gains follow a week of mostly robust earnings results, which have boosted the S&P 500 earnings growth rate to 7.2 percent this week from 3.2 percent at the start of the month, according to Thomson Reuters data. ...


27 injured in Ukraine blasts as Euro 2012 looms

Posted:

Blood spots cover pavement a the site of one of the blasts in the eastern Ukrainian city of DnipropetrovskAt least 27 people were injured Friday in a possible terrorist attack in eastern Ukraine, posing a major security challenge in the run-up to the Euro-2012 football tournament.


Bubba Watson hits spectator with hooked drive

Posted:

Masters champion Bubba Watson has struck one of his fans in the head with a hooked drive.

Video: Say no to crack, yes to Nevada roller rink

Posted:

A commercial going viral on YouTube tells kids to say "no" to crack and "yes" to a Nevada roller rink.

Libya's ruling council to meet on new Cabinet

Posted:

Members of Libya's interim ruling council are trying to work out the makeup of a new government after deciding to remove the country's Cabinet just five months after it took office, members said Friday.

Suicide bombing in Syrian capital kills 10

Posted:

Syrian investigators, right, gather next to a damaged police bus that was attacked by an explosion in the Midan neighborhood of Damascus, Syria, on Friday April 27, 2012. A suicide bomber blew himself up across the street from a mosque in the Syrian capital Friday, killing several people and wounding 20, state TV said. Thousands of Syrians protested elsewhere to denounce persistent violence by President Bashar Assad's regime. (AP Photo/Bassem Tellawi)Two weeks into a cease-fire agreement, there still was no peace in Syria: Security agents in Damascus collected the remains of 10 people killed in a suicide bombing. Activists reported troops firing on protesters. Video showed a crowd carrying a slain boy to U.N. observers as proof of regime violence.


Movie Scores: How the critics rated the new movies

Posted:

In this film image released by Universal Pictures, Jason Segel, left, and Emily Blunt are shown in a scene from Critics weren't exactly clamoring to walk down the aisle with "The Five-Year Engagement." The latest Judd Apatow production is receiving merely average reviews in its opening weekend.


Judge wants to know more about Zimmerman finances

Posted:

FILE - In a Friday, April 20, 2012, file photo, George Zimmerman appears before Circuit Judge Kenneth R. Lester Jr. during a bond hearing in Sanford, Fla. Zimmerman's attorney says his client's bail might have been higher if a judge had known about $200,000 raised by a website. Mark O'Mara said on CNN's Anderson Cooper 360 that he only learned about the money Wednesday and will inform a judge at a hearing Friday, April 28, 2012. Friday's hearing was initially scheduled to deal with several media organizations, including The Associated Press, asking the judge to unseal documents from Zimmerman's court file. (AP Photo/Orlando Sentinel, Gary W. Green, Pool, File)Calling it an "oversight," George Zimmerman's attorney said Friday the neighborhood watch volunteer did not disclose that a website had raised more than $200,000 for his defense, even though his family told the judge they would have trouble coming up with his bond.


0 comments:

Post a Comment