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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In Chaos in North Africa, a Grim Side of Arab Spring

WASHINGTON — As the uprising closed in around him, the Libyan dictator Col. Muammar el-Qaddafi warned that if he fell, chaos and holy war would overtake North Africa. “Bin Laden’s people would come to impose ransoms by land and sea,” he told reporters. “We will go back to the time of Redbeard, of pirates, of Ottomans imposing ransoms on boats.” In recent days, that unhinged prophecy has acquired...

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RIM offers Android developers up to $2,000 to port apps to BlackBerry 10 this weekend

RIM (RIMM) really wants Android developers to bring their apps over to BlackBerry 10, and it’s got the cash to prove it. Via AndroidGuys, it seems that RIM will hold a “BlackBerry 10 Last Chance Port-A-Thon” that will pay Android developers $ 100 for every approved app they port over to BlackBerry 10, with a limite of 20 different paid apps per developer. RIM says that the “port-a-thon” will start...

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This Sundance Cheeseburger Recipe Is Missing One Thing: The Burger!

It's a cheeseburger, but it's only made out of cheese – stinky cheese.   The award-winning chef dubbed the "impresario of pop-up dining" by The New York Times, Ludovic or 'Ludo' Lefebvre, will be dishing up at least 600 of them next week at the Samsung Galaxy Lounge at the Sundance Film Festival in Park City, Utah. But as his demonstration at the Bulthaup kitchen in Beverly Hills...

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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 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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British Leader Sees Wider Threat in Algeria Attack

Oli Scarff/Getty ImagesPrime Minister David Cameron en route to Parliament to deliver a statement on the Algeria hostage crisis. LONDON — With more than 60 hostages still missing and many feared dead, Prime Minister David Cameron told Parliament on Friday that the Qaeda-linked attack on a remote Algerian gas installation demonstrated the need for Britain and its Western allies, including the United...

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The aggressively priced Lumia 620 is Nokia’s make or break model

Nokia (NOK) has started pricing the Lumia 620 in Asia nearly 20% below the rival Windows mid-market model, the HTC (2498) 8S. This is remarkably aggressive considering the 620 has a higher pixel density and twice as much internal memory. The 620 is the keystone phone for Nokia. It is launching before RIM (RIMM) gets its new budget BlackBerry phones out and before Samsung (005930) or LG (066570) enter...

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See Personal Pics of Rosie O'Donnell's Daughter Dakota

After welcoming her fifth child, the comedian gives fans an intimate glimpse into her mommy joy in a series of personal photos Credit: Courtesy of Rosie O'Donnell Updated: Thursday Jan 17, 2013 | 12:00 PM EST By: Shanelle Rein-Olowokere Subscribe Now ...

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Will Obama's order lead to surge in gun research?

MILWAUKEE (AP) — Nearly as many Americans die from guns as from car crashes each year. We know plenty about the second problem and far less about the first. A scarcity of research on how to prevent gun violence has left policymakers shooting in the dark as they craft gun control measures without much evidence of what works.That could change with President Barack Obama's order Wednesday to ease research...

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