NEW YORK (Reuters) - U.S. stocks turned negative on Monday, dragged lower by financial and housing shares and a reversal of early market gains based on voting in Italy where there were fears of a hung parliament that could undermine stability in the euro zone. The Dow Jones industrial average <.dji> fell 5.26 points or 0.04 percent, to 13,995.31, the S&P 500 <.spx> lost...
Feb
24
In Last Sunday Address as Pope, Benedict Says He Will Continue to Serve
Label: WorldAndrew Medichini/Associated PressPope Benedict XVI delivered his final Sunday address from the window of his apartment overlooking St. Peter's Square. VATICAN CITY — Pope Benedict spoke from his window for the last time on Sunday, telling the faithful packed into St. Peter’s Square that the first papal abdication in centuries was God’s will and insisting he was not abandoning the Church. ...
You're Invited to PEOPLE.com's Oscars Party!
Label: Lifestyle 02/24/2013 at 08:40 AM EST From left: Bradley Cooper, Oscar, Jessica Chastain AFP/Getty; Wireimage; Splash News Online Oscars host Seth MacFarlane isn't the only one gearing up for Hollywood's biggest night – we are too! Be a part of the glamour and excitement Sunday starting at 6 p.m. ET/3...
Investors face another Washington deadline
Label: BusinessNEW YORK (Reuters) - Investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large. Investors in sectors most likely to be affected by the cuts, like defense, seem untroubled that the budget talks could send stocks tumbling. Talks on the U.S. budget...
Feb
23
U.N. Rejects Claim for Direct Compensation to Victims of Cholera Epidemic in Haiti
Label: WorldThere will be no direct financial compensation from the United Nations for the more than 8,000 Haitians who died and the 646,000 sickened by cholera since the disease struck the earthquake-ravaged country in October 2010, Secretary General Ban Ki-moon told the Haitian president this week. More than 15 months after the United Nations received a legal claim seeking to hold peacekeeping troops...
FDA approves new targeted breast cancer drug
Label: HealthWASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...
Renée Zellweger Puckers Up with Doyle Bramhall II in Hawaii: Photo
Label: Lifestyle By Andrea Billups 02/22/2013 at 11:30 AM EST Doyle Bramhall II and Renée Zellweger AKM-GSI Renée Zellweger was feeling the love – and the surf – during her recent Hawaiian vacation.Zellweger, 43, joined her boyfriend, musician Doyle Bramhall II, 44, for some kayaking,...
FDA approves new targeted breast cancer drug
Label: HealthWASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla (kad-SY'-luh) from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell,...
Wall Street rises on HP but S&P on track to end week lower
Label: BusinessNEW YORK (Reuters) - Stocks rebounded on Friday as Hewlett-Packard, the largest personal computer maker, surged on strong results, but the S&P 500 index was on the way to end a streak of gains that has lasted seven straight weeks. The S&P shed 1.9 percent over the previous two sessions, its worst two-day drop since early November, putting the index on pace for its first weekly...
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