"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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Peterson double winner of AP NFL awards

NEW ORLEANS (AP) — Adrian Peterson called it a blessing in disguise.Strange way to describe career-threatening major knee surgery.The Minnesota Vikings' star came back better than ever, just missing Eric Dickerson's longstanding rushing record and closing out the season with two of the top NFL awards from The Associated Press: Most Valuable Player and Offensive Player of the Year.As sort of an added...

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Gas prices rising in Vermont

MONTPELIER, Vt. (AP) — Gas prices are rising again in Vermont.The website VermontGasPrices.com shows the lowest prices ranging from $ 3.45 in Brattleboro to $ 3.53 around the state.Higher prices of $ 3.79 a gallon were found at stations in Williston, Vergennes, Bethel and Killington in the last two days.The website shows that the average price per gallon has gone up 11 cents from $ 3.54 to $ 3.65...

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Mike the gas man at large after gas garb scheme

Riverside police say an arrest this week derailed a sophisticated scheme of stealing gasoline by overriding the pump counter...

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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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"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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NFL's Goodell aims to share blame on player safety

NEW ORLEANS (AP) — NFL Commissioner Roger Goodell wants to share the blame."Safety," he said at his annual Super Bowl news conference, "is all of our responsibilities."Not surprisingly, given that thousands of former players are suing the league about its handling of concussions, the topics of player health and improved safety dominated Goodell's 45-minute session Friday. And he often sounded like...

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Sea Launch Rocket Fails During Liftoff, Satellite Lost

PARIS — A commercial Sea Launch rocket failed 40 seconds after liftoff from its floating launch platform in the Pacific Ocean on Friday (Feb. 1) destroying the Intelsat IS-27 telecommunications satellite and compromising Sea Launch’s long road to recovery from its previous failure in January 2007.Now headquartered in Bern, Switzerland, and owned by an affiliate of Russia’s RSC Energia space-hardware...

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Hillary: Secretary of empowerment

Girls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.STORY HIGHLIGHTSDonna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for presidentShe says as secretary she expanded foreign policy to include effect on regular people She says she was first secretary of state to focus on empowering women and girlsBrazile:...

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Dart on releasing murder convict: 'We let people down, no mistake'

A convicted murderer from Indiana is on the loose because of some bad paperwork in Cook County. (WGN - Chicago) Convicted murderer...

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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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Asian shares retreat after China PMI, U.S. payrolls eyed

TOKYO (Reuters) - Asian shares wiped earlier gains on Friday as a tepid Chinese manufacturing report dented sentiment, leaving investors on tenterhooks ahead of U.S. nonfarm payroll data due at 1330 GMT. China's official purchasing managers' index (PMI) eased to 50.4 in January, the National Bureau of Statistics said on Friday, missing market expectations for a rise and underscoring the...

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White House Praises Wind Industry’s 2012 Milestones

The White House praised the milestones of the American wind industry this week, following the release of the American Wind Energy Association‘s Fourth Quarter Market Report, and attributed the industry’s success to President Barack Obama‘s efforts to support renewable energy. Here are the details.* According to the American Wind Energy Association’s report , 2012 was the strongest year ever for the...

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Why is U.S. waiting on gun laws?

STORY HIGHLIGHTSLZ Granderson: Tragic shootings take place in Alabama, Chicago, PhoenixOne takes the life of a 15-year-old days after she performed in InaugurationHe says things were supposed to change after the horror of NewtownGranderson: And yet we wait for things like universal background checks for gunsEditor's note: Watch the "Anderson Cooper 360° Town Hall: Guns Under Fire" at 8 p.m. ET Thursday...

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Convicted murderer mistakenly released from Cook County Jail

An Indiana man convicted of murder has been on the loose since Wednesday night after Cook County Jail officials mistakenly released...

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Explosion at Mexican oil giant Pemex headquarters kills 25

MEXICO CITY (Reuters) - A powerful explosion rocked the Mexico City headquarters of state-owned oil giant Pemex on Thursday, killing at least 25 people, injuring more than 100 and trapping others inside. The mid-afternoon blast shattered the lower floors of the downtown tower, throwing debris into the streets and sending frightened workers running outside. A government official,...

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Asian shares off highs, Fed's stance underpins markets

TOKYO (Reuters) - Asian shares took a breather from recent rallies on Thursday though sentiment was underpinned by the U.S. Federal Reserve's pledge to retain its stimulus policy and on signs of stabilization in the euro zone. Positive economic reports from Asia failed to lift markets as investors continued to assess regional earnings results and ahead of key data such as China's official...

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Brees wants to bury bounty probe, help New Orleans

NEW ORLEANS (AP) — Drew Brees wore gray sneakers to his first full day of Super Bowl-related appearances — a wise move for an ambassador of a city who had to walk briskly from end to end of a sprawling convention center to make all of his scheduled stops.Not only was the Saints' star quarterback a man on the move, but also ready to move on from the bitterness of the bounty scandal, which may have...

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13 Pygmy Elephants Found Dead in Malaysia

Malaysian authorities have a possible elephant murder mystery on their hands after three more pygmy elephants reportedly were found dead on the island of Borneo Wednesday (Jan. 30).The grim discovery brings the death toll to 13 this month, and according to the AP, authorities are investigating suspicions that the diminutive elephants were poisoned.Also called Bornean elephants, these creatures are...

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