Wall Street Week Ahead: Bears hibernate as stocks near record highs

NEW YORK (Reuters) - Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now. Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock...

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Can sanctions deter North Korea?

Kim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong Un and his militaryKim Jong...

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Disney says JJ Abrams to direct next ‘Star Wars’

LOS ANGELES (AP) — It’s official. The force is with J.J. Abrams.The Walt Disney Co. issued a statement Friday night confirming reports that had been circulating for two days that Abrams, Emmy-award-winning creator of TV’s “Lost” and director of 2009′s “Star Trek” movie, has been pegged to direct the seventh installment of the “Star Wars” franchise.“J.J. is the perfect director to helm this,” said...

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Scots cities top house price list

25 January 2013 Last updated at 19:36 ETHouse prices have risen faster in Aberdeen and Inverness than any other UK cities over the past decade, a survey has suggested.The Bank of Scotland report said average prices rose by 94% in the Granite City between 2002 and 2012.Inverness saw prices climb by 81%, with Dundee (+73%) and Perth (+70%) also featuring in the top five UK cities.The bank said Aberdeen...

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Claim Post Resources Inc. Acquires 51% of Frac Sand Project in Southern Manitoba (Canada) and Options a Permitted Property Suitable for Loading Unit Trains of Frac Sand

TORONTO, ONTARIO–(Marketwire – Jan 25, 2013) – Claim Post Resources Inc. (TSX VENTURE:CPS) (the “Company“) announces that it has signed an amendment to its agreement with Char-Crete Ltd. to acquire nine contiguous silica sand quarry leases, encompassing approximately 428 hectares (1,050 acres) (see press release dated August 27, 2013). The property is located 3km from a paved highway near Seymourville,...

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Wall Street Week Ahead: Bears hibernate as stocks near record highs

NEW YORK (Reuters) - Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now. Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock...

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Azarenka secures back-to-back Australian titles

MELBOURNE, Australia (AP) — Victoria Azarenka won her second consecutive Australian Open title, beating Li Na 4-6, 6-4, 6-3 in a dramatic final that contained a break for fireworks, two medical timeouts and a nasty fall to the court by Li.The Chinese star first tumbled to the court after twisting her left ankle in the fifth game of the second set and had it taped.On the first point after a 10-minute...

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Cantor CEO: 'Off the fiscal cliff we go'

.cnn_stryspcvh4 { position:static; }.cnn_stryspccvh6 { position:static; float:left; width:172px; font-size:10px; margin-left:130px; top:0; }.cnn_stryspccvrgebot { font-size:3px; overflow:hidden;}Part of complete coverage onBy Ramy Inocencio, for CNNJanuary 25, 2013 -- Updated 1120 GMT (1920 HKT)STORY HIGHLIGHTS'U.S. fiscal cliff still coming' in form of failure to raise debt ceiling, Cantor Fitzgerald...

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“Hansel and Gretel” is Grimm news for weekend box-office rivals

LOS ANGELES (TheWrap.com) – “Hansel and Gretel,” a Grimm’s fairy tale on special effects and 3D steroids, is ready to wreak some box-office havoc this weekend on its way to the number one spot.Paramount has exerted considerable marketing muscle behind the R-rated action fantasy, and it seems to be connecting. “Hansel and Gretel” will take in more than $ 25 million over the three days, industry analysts...

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Apple steps up labor audits, finds underage workers

SAN FRANCISCO (Reuters) – Apple Inc stepped up audits of working conditions at major suppliers last year, discovering multiple cases of underage workers, discrimination and wage problems.The iPhone and iPad maker, which relies heavily on Asian-based partners like Taiwan’s Foxconn Technology Group to assemble the vast majority of its iPhones and iPads, said on Thursday it conducted 393 audits, up 72...

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