"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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Deadly Firefight on Lebanon’s Border With Syria

BEIRUT, Lebanon — At least three Lebanese Army soldiers were killed on Friday in a shootout as they tried to arrest a resident of a village that has become a hub of refugees and where Syrian rebel fighters often cross the border. Their target was also fatally shot. There were conflicting reports about the nature of the clash, in which security forces were ambushed as they pursued a wanted...

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This Week’s Social Media Power Rankings: The Return of Swatch

The social media sphere is an increasingly noisy place, especially for brands. But hiding somewhere in the static are strong signals from companies reaching their customers in innovative ways. The Social Business Index from the Dachis Group provides a (free) real-time ranking of more than 30,000 global brands based on their social performance. Every week we’re taking a tally...

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Kristin Chenoweth Slams American Airlines Over Spat with Her Dog

People Pets 02/01/2013 at 03:35 PM EST Kristin Chenoweth and Maddie Richie Buxo/Splash News Online Kristin Chenoweth and her Maltese Maddie are a high-flying team – most of the time.The actress was recently departing a flight from Dallas, Texas, when an American...

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Obama offers faith groups new birth control rule

WASHINGTON (AP) — Facing a wave of lawsuits over what government can tell religious groups to do, the Obama administration on Friday proposed a compromise for faith-based nonprofits that object to covering birth control in their employee health plans.Some of the lawsuits appear headed for the Supreme Court, threatening another divisive legal battle over President Barack Obama's health care overhaul...

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Wall Street rises on jobs, factory data, Dow passes 14,000

NEW YORK (Reuters) - Stocks rose to five-year highs on Friday after jobs and manufacturing data showed the economy's recovery remains on track. The Dow industrials rose above 14,000 for the first time since mid-October 2007 and the S&P touched its highest since December of that year. The S&P advanced 5 percent in January for its best start to a year since 1997 and is now just...

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Syria’s Confirmation of Airstrike May Undercut Israel’s Strategy of Silence

Jim Hollander/European Pressphoto AgencyIn East Jerusalem, Israelis distributed gas masks on Wednesday as worries about security spread. More Photos »JERUSALEM — Israeli officials remained silent on Thursday about their airstrike in Syrian territory the day before, a tactic that experts said was part of a longstanding strategy to give targeted countries face-saving opportunities to avoid conflict...

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Apple loses a U.S. appeals bid in Samsung patent fight

SAN FRANCISCO (Reuters) – A U.S. appeals court on Thursday rejected Apple Inc‘s request to revive its bid for a sales ban on Samsung‘s Galaxy Nexus smartphone, dashing the iPhone maker’s attempt to recover crucial leverage in the global patent wars.Apple had asked the full Federal Circuit Court of Appeals in Washington, D.C., to revisit a decision in October by a three-judge panel of the same court....

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Beyoncé Discusses Miscarriage & Slams Surrogacy Rumors

TV Watch TV News 01/31/2013 at 03:10 PM EST Although she's often secretive about her personal life, Beyoncé is opening up about her journey to motherhood.The Grammy winner reveals she suffered a miscarriage – and slams rumors she used a gestational surrogate – in her upcoming HBO documentary, Life Is But a Dream...

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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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