"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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The Untold Story: Columbia Shuttle Disaster and Mysterious ‘Day 2 Object’

A decade has passed since the ill-fated Columbia space shuttle orbiter and its seven-person crew ended their journey in catastrophe. During its Feb. 1, 2003 plunge back to Earth, the vehicle broke apart, with wreckage strewn across east Texas and western Louisiana.Painstaking work by the Columbia Accident Investigation Board (CAIB) later identified the physical cause of the disaster as damage to Columbia‘s...

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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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Convicted killer back in custody

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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Turkish leftist group claims U.S. embassy bombing: website

ISTANBUL (Reuters) - Turkish leftist group DHKP-C claimed responsibility on Saturday for a suicide bomb attack on the U.S. embassy in Ankara, according to a statement on a website close to the group. "Our warrior Alisan Sanli carried out an act of self-sacrifice on Feb 1, 2013, by entering the Ankara embassy of the United States, murderer of the peoples of the world," the statement on...

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Wall Street opens higher after payrolls data

NEW YORK (Reuters) - Stocks opened higher on Friday as strong upward revisions to job creation estimates for December and November offset a slight disappointment in the January payroll report. The Dow Jones industrial average <.dji> rose 98.56 points or 0.71 percent, to 13,959.14, the S&P 500 <.spx> gained 8.98 points or 0.6 percent, to 1,507.09 and the Nasdaq Composite...

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Carville, Matalin enjoy role as Big Easy boosters

NEW ORLEANS (AP) — When Mary Matalin heard a baby cry during a Super Bowl news conference this week, she paused midsentence, peered in the direction of the fussing child and asked: "Is that my husband?"Matalin, the noted Republican political pundit, isn't shy about making jokes at the expense of Democratic strategist James Carville, who went from being her professional counterpart to her partner in...

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Refining margins boost 4Q profit at Exxon Mobil

DALLAS (AP) — Exxon Mobil Corp. said Friday that fourth-quarter earnings rose 6 percent to $ 9.95 billion with help from higher refining profit margins.The company still makes most of its money by producing oil and gas, but that end of the business was less profitable than a year ago because of lower prices and production. Exxon made up the difference in the refining business.The nation’s biggest...

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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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