Jan
19

Algerian army stages "final assault" on gas plant

ALGIERS/IN AMENAS, Algeria (Reuters) - The Algerian army carried out a dramatic final assault to end a siege by Islamic militants at a desert gas plant on Saturday, killing 11 al Qaeda-linked gunmen after they took the lives of seven more foreign hostages, the state news agency said. The state oil and gas company, Sonatrach, said the militants who attacked the plant on Wednesday and took...
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Nintendo’s Wii U problems turn into a crisis

In just a week, the problems Nintendo’s (NTDOY) new home console is facing have cascaded into something sinister. The traditional post-New Year slump hit Nintendo’s home market in the week ending January 12 and exposed cruelly how weak the consumer interest in Wii U truly is. According to Famitsu, Wii U sales slumped from a pace of 70,000 per week to just 21,000. The ancient PlayStation 3 sold the...
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The Wanted's Nathan Sykes Sends Sad Message About His Dog

People Pets 01/19/2013 at 02:10 PM EST The message, short and sweet, says it all."R.I.P Harry dog," Tweeted Nathan Sykes, of the English-Irish boy band The Wanted, along with a pic of himself with the photogenic prized pooch. "Thanks for all of the memories, smiles and love. We're gonna miss you," said the...
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Lilly drug chosen for Alzheimer's prevention study

Researchers have chosen an experimental drug by Eli Lilly & Co. for a large federally funded study testing whether it's possible to prevent Alzheimer's disease in older people at high risk of developing it.The drug, called solanezumab (sol-ah-NAYZ-uh-mab), is designed to bind to and help clear the sticky deposits that clog patients' brains.Earlier studies found it did not help people with moderate...
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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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Jan
18

Foreigners still caught in Sahara hostage crisis

ALGIERS/IN AMENAS, Algeria (Reuters) - More than 20 foreigners were still either being held hostage or missing inside a gas plant on Friday after Algerian forces stormed the desert complex to free hundreds of captives taken by Islamist militants. More than a day after the Algerian army launched an assault to seize the remote desert compound, much was still unclear about the number and...
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With an air kiss or empty hug, Te’oing is Twitter craze

NEW YORK (Reuters) – Manti Te’o, the Notre Dame linebacker entangled in a girlfriend hoax that gives a whole new meaning to the term “air kiss,” is inspiring a new fad racing through social media: Te’oing.An avalanche of pictures of people hugging empty chairs or puckering up to an otherwise empty room were posted to Twitter with the hashtag #Te’oing days after the college football star’s story about...
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Channing Tatum & Jenna Dewan-Tatum Share a Fresh, Healthy Lunch Date

Caught in the Act 01/18/2013 at 01:35 PM EST Jenna Dewan-Tatum and Channing Tatum FameFlynet Eating for three!Parents-to-be Jenna Dewan-Tatum and husband Channing, fresh from a beach holiday in St. Barts, enjoyed a casual lunch date together on Wednesday. The...
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Flu season 'bad one for the elderly,' CDC says

The number of older people hospitalized with the flu has risen sharply, prompting federal officials to take unusual steps to make more flu medicines available and to urge wider use of them as soon as symptoms appear.The U.S. is about halfway through this flu season, and "it's shaping up to be a worse-than-average season" and a bad one for the elderly, said Dr. Thomas Frieden, director of the Centers...
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Wall Street slips after disappointing Intel results

NEW YORK (Reuters) - Stocks edged lower on Friday from a five-year high for the S&P 500 as a weak outlook from tech heavyweight Intel offset a better-than-expected quarterly profit at Morgan Stanley. But the S&P 500 was still on track to end higher for a third consecutive week. Shares of Intel Corp slumped nearly 7 percent to $21.11 a day after it forecast quarterly...
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Jan
17

Algerian official news agency says hostage operation over

ALGIERS (Reuters) - Algeria's state news agency APS said on Thursday that the military operation to free hostages at a remote desert gas facility had ended, quoting an unnamed official source who gave no further details. (Reporting by Lamine Chikhi; Editing by Alastair Macdona...
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Amazon holiday results to show sales tax impact

SAN FRANCISCO (Reuters) – Acting as a tax collector may have hurt Amazon.com, Inc’s holiday sales analysts and industry executives said, but they expect to know more when the internet retailer reports its fourth-quarter results on January 29.Best Buy Co., an archrival of Amazon in consumer electronics, saw holiday online sales increase in three states where Amazon started collecting sales tax ahead...
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Holly Madison Is Ready to Get Daughter's Nursery Started

Mom & Babies Celebrity Baby Blog 01/17/2013 at 01:00 PM ET AKM-GSI As usual, Holly Madison was all smiles on Wednesday. But don’t let her look deceive you — due in seven weeks, the former E! star is feeling a bit petulant.Though she’s been preparing for the arrival of her daughter, Madison tells...
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Study: NYC better than LA at cutting kids' obesity

NEW YORK (AP) — A new study shows New York City is doing better than Los Angeles in the battle against childhood obesity, at least for low-income children.From 2003 to 2011, obesity rates for poor children dropped in New York to around 16 percent. But they rose in Los Angeles and ended at about 20 percent.The researchers focused on children ages 3 and 4 enrolled in a government program that provides...
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Data, eBay earnings lift Wall Street to five-year high

NEW YORK (Reuters) - Wall Street rose on Thursday, with the S&P 500 climbing to a five-year intraday high, on improved housing and jobs data along with better-than-expected results from online marketplace eBay . The data showed the number of Americans filing new claims for unemployment benefits fell to a five-year low last week, while groundbreaking for homes rose to the fastest pace...
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Jan
16

Dozens held after Islamists attack Algerian gas field

ALGIERS (Reuters) - Islamist militants attacked a gas field in Algeria on Wednesday, claiming to have kidnapped up to 41 foreigners including seven Americans in a dawn raid in retaliation for France's intervention in Mali, according to regional media reports. The raiders were also reported to have killed three people, including a Briton and a French national. An al Qaeda...
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Facebook search to generate revenue, no rival to Google: analysts

(Reuters) – Facebook Inc’s new search tool has strong potential to generate revenue for the social networking company, though it is unlikely to challenge Google Inc as the world’s dominant search engine, Wall Street analysts said on Wednesday.Facebook’s “graph search” tool, rolled out on Tuesday, lets its more than 1 billion users trawl their network of friends to find everything from restaurants...
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Which Oscar Nominee Might Carry a Puppy Purse on the Red Carpet?

Stylewatch Style News Now 01/15/2013 at 06:00 PM ET The answer to the question above? Not Jessica Alba, who carried a poodle purse to the Golden Globe Awards, but rather a fashion-forward red carpet newbie.Quvenzhané Wallis, star...
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ER visits tied to energy drinks double since 2007

SAN FRANCISCO (AP) — A new government survey suggests the number of people seeking emergency treatment after consuming energy drinks has doubled nationwide during the past four years, the same period in which the supercharged drink industry has surged in popularity in convenience stores, bars and on college campuses.From 2007 to 2011, the government estimates the number of emergency room visits involving...
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Wall Street flat as Apple gains; Boeing drags Dow

NEW YORK (Reuters) - Stocks held near the unchanged mark on Wednesday as concerns about global economic growth and a drop in Boeing shares offset strong bank results and gains in technology stocks. Goldman Sachs shares hit their highest level since May 31, 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses, while JPMorgan Chase said...
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Jan
15

France to stay in Mali until stability restored

BAMAKO/DUBAI (Reuters) - France will end its intervention in Mali only once stability has returned to the West African country, French President Francois Hollande said on Tuesday, raising the prospects of a costly, drawn-out operation against al Qaeda-linked rebels. Paris has poured hundreds of soldiers into Mali and carried out air raids since Friday in the northern half of the country,...
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Apple supplier sees big Q4 boost, likely a good sign for iPhone 5 demand

Shares of Apple (AAPL) have been hit hard over the last few days. Investors continue to worry about the company’s profit margins, demand for its popular line of smartphones and tablets, and its future endeavors. With upcoming competition from Research in Motion (RIMM) and Microsoft (MSFT), and an ongoing battle with Google’s (GOOG) Android operating system, analysts fear that Apple’s mobile dominance...
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Tears & Outrage: Adamari López's Shocking Tell-All Explained in 5 Clicks

The Puerto Rican TV star accuses her ex, singer Luis Fonsi, of betrayal while she battled breast cancer Credit: Dimitrios Kambouris/Wireimage Updated: Monday Jan 14, 2013 | 06:00 AM EST Subscribe Now ...
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Experts: Proposed NY gun law might hinder therapy

NEW YORK (AP) — Mental health experts say a new tougher New York state gun control law might interfere with treatment of potentially dangerous people and even discourage them from seeking help.The law would require therapists, doctors, nurses and social workers to tell government authorities if they believe a patient is likely to harm himself or others. That could lead to revoking the patient's gun...
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