"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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The Lede Blog: Video Shows Aftermath of U.S. Embassy Bombing in Turkey

Associated Press video showing the damage to the perimeter of the United States Embassy in Turkey after a suicide bombing in Ankara on Friday.As my colleagues Sebnem Arsu and Rick Gladstone report, a suicide bomber attacked the American Embassy in the Turkish capital Ankara on Friday, in a blast that officials said killed at least one Turkish citizen and wounded another at a side entrance to the compound.A...

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Google moves closer to resolving EU investigation

BRUSSELS (Reuters) – Google has offered to take specific steps to allay competition regulators’ concerns about its business practices, in a major move towards ending a two-year investigation and avoiding billions of dollars in fines.The European Commission said on Friday it had received detailed proposals from the world’s most popular search engine, which has been under investigation following complaints...

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Jennifer Lawrence: 'My Pants Fell Off' at the SAG Awards!

Stylewatch Style News Now 02/01/2013 at 12:00 PM ET She’s been picking up Best Actress statues left and right for the few weeks, but we’re giving Jennifer Lawrence an award that really counts: Best Narration of a Wardrobe Malfunction.“My...

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Hedgehog Alert! Prickly pets can carry salmonella

NEW YORK (AP) — Add those cute little hedgehogs to the list of pets that can make you sick.In the last year, 20 people were infected by a rare but dangerous form of salmonella bacteria, and one person died in January. The illnesses were linked to contact with hedgehogs kept as pets, according to a report released Thursday by the Centers for Disease Control and Prevention.Health officials on Thursday...

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S&P 500 rises one percent as Wall Street rallies

NEW YORK (Reuters) - U.S. stocks hit five-year highs with each of the three major indexes up at least 1 percent on Friday, after jobs and manufacturing data showed the economy's sluggish recovery is still on track. The Dow Jones industrial average <.dji> gained 139.22 points, or 1.00 percent, to 13,999.80. The Standard & Poor's 500 Index <.spx> rose 15.04 points, or 1.00...

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Hagel Offers Endorsement of U.S. Military Might

Brendan Hoffman for The New York TimesChuck Hagel arrived for his confirmation hearing before the Senate Armed Services Committee on Thursday. WASHINGTON — Chuck Hagel, President Obama’s nominee to be secretary of defense, engaged in a sharp exchange with his old friend, Senator John McCain, at the opening of his confirmation hearing on Thursday when Mr. McCain, Republican of Arizona, pressed him...

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The 7 most dedicated employees

You probably don’t want to forward this roster of tireless go-getters to your bossSome people probably feel they deserve a medal for merely getting up and going to work every day, but only a few actually merit one. Take Deborah Ford, for example. This 64-year-old Detroit postal worker, who recently retired, didn’t use a single sick day in all of her 44 years on the job. Not a single one!...

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Slain School Bus Driver Hailed as Hero After Gunman Demanded Students

True Crime By Stephen M. Silverman 01/31/2013 at 12:50 PM EST Law enforcement personnel and driver Charles Poland (inset) Phil Sears/Landov; Inset: AP When a gunman boarded a stopped school bus in Midland City, Ala., Tuesday afternoon and demanded that all the...

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Sex to burn calories? Authors expose obesity myths

Fact or fiction? Sex burns a lot of calories. Snacking or skipping breakfast is bad. School gym classes make a big difference in kids' weight.All are myths or at least presumptions that may not be true, say researchers who reviewed the science behind some widely held obesity beliefs and found it lacking.Their report in Thursday's New England Journal of Medicine says dogma and fallacies are detracting...

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