Feb
05

Iran's Ahmadinejad in Egypt on historic visit

CAIRO (Reuters) - Mahmoud Ahmadinejad arrived in Egypt on Tuesday on the first trip by an Iranian president since the 1979 revolution, underlining a thaw in relations since Egyptians elected an Islamist head of state. President Mohamed Mursi, the Muslim Brotherhood politician elected in June, kissed Ahmadinejad as he disembarked from his plane at Cairo airport. The leaders walked down...
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Feb
04

Wall Street opens lower after recent gains

NEW YORK (Reuters) - U.S. stocks opened lower on Monday, dipping after a recent rally that took the S&P 500 to a five-year high and the Dow to 14,000 for the first time since October 2007. The Dow Jones industrial average <.dji> was down 58.67 points, or 0.42 percent, at 13,951.12. The Standard & Poor's 500 Index <.spx> was down 6.84 points, or 0.45 percent, at 1,506.33....
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Ravens edge 49ers 34-31 in electric Super Bowl

NEW ORLEANS (AP) — For a Super Bowl with so many story lines, this game came up with quite a twist.Try a blackout that turned a blowout into a shootout — capped by a brilliant defensive stand.The Baltimore Ravens survived a frenzied comeback by the San Francisco 49ers following a 34-minute delay in the third quarter for a power outage Sunday night, winning their second championship 34-31. Super Bowl...
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Alien Moons May Be Easier to Photograph Than Planets

Scientists looking for habitable worlds to photograph could have better luck searching for moons than for alien planets, scientists say. A moon heated by the pull of its parent planet could be visible even when the planet is hidden from view.Powered by gravitational tugging from a planet, these exomoons would remain bright throughout their lifetimes, not just in their youth. This means stars of various...
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'Stop whining about right-wing media'

Former vice president Al Gore promotes his new book, "The Future" on January 30, 2013 in New York City. STORY HIGHLIGHTSAl Gore says right-wing media help account for resistance to Democrats' policiesPresident Barack Obama said media coverage could determine future of bipartisanshipHoward Kurtz: Fox News, Rush Limbaugh have influence, but White House has bigger voiceHe says conservative media gained...
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Beyonce puts Super Bowl ring on halftime; Hudson, Keys flawless

Beyonce looked like she stepped off from the recent air-brushed perfection of her GQ magazine cover, danced like a junior Tina Turner and generally owned her 12 minutes on a worldwide stage Sunday like few Super Bowl performers ever have.But there were a few nagging questions: Was she live or was she canned? Or perhaps more to the point: Did it matter?Beyonce’s...
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Mali Tuaregs seize two Islamist leaders fleeing French strikes

KIDAL, Mali (Reuters) - Tuareg rebels in northern Mali said on Monday they had captured two senior Islamist insurgents fleeing French air strikes toward the Algerian border, and France pressed ahead with its bombing campaign against al Qaeda's Saharan desert camps. Pro-autonomy Tuareg MNLA rebels said they had seized Mohamed Moussa Ag Mohamed, an Islamist leader who imposed harsh sharia...
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Feb
03

"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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Super Bowl of firsts, lasts, bests

NEW ORLEANS (AP) — The journey to this Super Bowl wound through bounties and replacement refs, eventually bringing the big game back to the Big Easy — with a replacement quarterback, a sibling rivalry and a grand exit for one of the NFL's greatest players, clouded by the obscure healing powers of deer-antler spray.It is a Super Bowl of comebacks, of firsts and lasts, and — if San Francisco wins —...
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Exxon’s 2012 profit of $44.9B just misses record

Exxon Mobil Corp. nearly set a record for annual profit. The oil giant reported Friday that 2012 net income was $ 44.88 billion, just $ 340 million — less than 1 percent — short of the company’s record set in 2008, when crude oil prices hit an all-time high. Exxon‘s profit for the last 10 years totals $ 343.4 billion.— $ 44.88 billion in 2012— $ 41.06 billion in 2011— $ 30.46 billion in 2010— $ 19.28...
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