NEW YORK (Reuters) - Stocks edged lower on Thursday as investors locked in gains after a rally Wednesday, which was spurred by a deal by U.S. lawmakers to avert a "fiscal cliff" of austerity measures that had been due to kick in this year. Losses were limited, however, by better-than-expected data that showed U.S. private-sector employers added 215,000 jobs in December. That was well...
Louisville upsets Florida 33-23 in Sugar Bowl
Labels: TechnologyNEW ORLEANS (AP) — Terell Floyd and the Louisville Cardinals gave the embattled Big East Conference at least one more triumphant night in a major bowl — and at the expense of a top team from the mighty SEC.Floyd returned an interception 38 yards for a touchdown on the first play, dual-threat quarterback Teddy Bridgewater directed a handful of scoring drives and No. 22 Louisville stunned the fourth-ranked...
AAA Mich.: Gas prices up 7 cents from last week
Labels: WorldDEARBORN, Mich. (AP) — AAA Michigan says gasoline prices have risen roughly 7 cents during the past week to a statewide average of about $ 3.30 per gallon.The auto club said Wednesday the average is about 12 cents per gallon less than last year at this time.Of the Michigan cities it surveys, AAA Michigan said the cheapest price for self-serve unleaded fuel is in the Saginaw and Bay City areas, where...
Why U.S. lives under the shadow of 'W'
Labels: LifestyleJulian Zelizer says former President George W. Bush's key tax and homeland security policies survive in the age of ObamaSTORY HIGHLIGHTSJulian Zelizer: For all the criticism Bush got, two key policies have survivedHe says fiscal cliff pact perpetuates nearly all of Bush's tax cutsObama administration has largely followed Bush's homeland security policy, he saysZelizer: By squeezing revenues, Bush...
Sandy Hook kids return to class in neighboring town
Labels: Health MONROE, Conn. — The Newtown schools superintendent says preparations have been made for a "normal" day, yet it will likely be...
Myanmar says jets used against Kachin rebels
Labels: BusinessYANGON (Reuters) - Myanmar's military has used jets to attacks rebel fighters in northern Kachin state, the government said on Thursday, its first admission of an intensification of a conflict that has raised doubts about its reformist credentials. Rebel sources have reported aerial bombings, shelling and even the use of chemical weapons since December 28 after the Kachin Independence...
Jan
02
Wall Street jumps at open on fiscal deal
Labels: WorldDuring an oddly jokey statement at the White House as the fiscal deadline bore down Monday afternoon, President Obama said, "I'm going to be president for the next four years. I hope." He was warning Republicans that, yes, they'd have to deal with him for a while. But it was, to be sure, a strange moment. Could he actually have been joking about assassination? About impeachment? The apocalypse?...
Stanford holds off Wisconsin 20-14 in Rose Bowl
Labels: TechnologyPASADENA, Calif. (AP) — Andrew Luck, Toby Gerhart and coach Jim Harbaugh started Stanford's improbable football renaissance, yet they never stood in the center of the Rose Bowl with the West Coast's most coveted trophy raised above their heads.In fact, the last Stanford team to do what the Cardinal did Tuesday night had a defense known as the Thunderchickens.Forty years after Stanford's last Rose...
Moon May Outshine Quadrantid Meteor Shower Tonight
Labels: WorldOne of the best displays of “shooting stars” will peak overnight tonight and early Thursday morning (Jan. 3), but unfortunately will run into some stiff competition this year from a bright moon. The celestial fireworks display is the Quadrantid meteor shower (pronounced KWA-dran-tid), which kicks off the annual meteor shower schedule every January.To paraphrase Forrest Gump: The Quadrantids are...
Time to rebrand in Lincoln's image?
Labels: LifestyleWade Henderson thinks the modern Republican Party should look to Abraham Lincoln for some inspiration.STORY HIGHLIGHTSWade Henderson: January 1 is 150th anniversary of the Emancipation Proclamation He says GOP should look to Lincoln, a canny politician who led moral fight on civil rightsHe says GOP has history of civil rights support that it has largely abandoned in recent yearsHenderson: In 2012,...
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