LONDON (AP) — Markets were subdued Monday following a stellar finish to last week, when many stock indexes around the world hit multiyear highs following encouraging U.S. economic figures.U.S. stocks are particularly in focus as the Dow jones industrial average closed above 14,000 on Friday for the first time in over five years. It’s now not far off its all-time high.Hopes over the U.S. economy have...
Out of network? Don’t be out a lot of money
Label: WorldStepping outside your health insurance company’s preferred providers list could take a toll on your bank account. Though there are certain circumstances where an insurance company will pay all or a portion of out-of-network costs, policyholders need to tread carefully. You can easily find yourself on the hook for massive bills. Here’s what you need to know.How health care networks workDoctors, hospitals...
Analysis: New miner wants in on the chummy global potash club
Label: WorldNEW YORK (Reuters) - Potash miner Prospect Global Resources Inc won't open its first mine until at least 2015, but the American upstart is already upsetting the multibillion-dollar fertilizer industry where a few players control a crucial ingredient in the global food chain. China, with an insatiable appetite for fertilizer to help feed its growing population, has long been dependent...
Ravens edge 49ers 34-31 in electric Super Bowl
Label: TechnologyNEW 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...
Feb
03
Hillary: Secretary of empowerment
Label: LifestyleGirls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.STORY HIGHLIGHTSDonna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for presidentShe says as secretary she expanded foreign policy to include effect on regular people She says she was first secretary of state to focus on empowering women and girlsBrazile:...
Affleck wins directors award as ‘Argo’ hurtles to Oscars
Label: HealthLOS ANGELES (Reuters) – Actor-turned-filmmaker Ben Affleck won the top honor from his peers at the Directors Guild of America on Saturday for the movie “Argo“, cementing the Iran hostage drama’s frontrunner status for the Oscars.The Hollywood directors‘ recognition for Affleck, however, is an awkward result for the Academy of Motion Pictures Arts and Sciences, which failed to nominate him for Best...
Restive Cities Threaten Egypt’s Suez Canal
Label: BusinessAttempting to quell unrest, President Mohamed Mursi declared a state of emergency in Port Said, Ismailia, and Suez. The cities straddle an important source of hard currency, but canal traffic has so far escaped disruption.Graphic by Bloomberg Businessweek; Data: Suez Canal Authority, UN Conference on Trade and DevelopmentBusinessweek.com — Top NewsTitle Post: Restive Cities Threaten Egypt’s Suez CanalUrl...
Report: German check bust man is ex-Iran bank head
Label: WorldBERLIN (AP) — The German newspaper Bild am Sonntag reports that a man caught last month trying to enter Germany with a check worth about $ 70 million was Iran’s former central bank chief.The weekly reports that customs officials at Duesseldorf airport found the check in Tahmasb Mazaheri’s luggage Jan. 21 upon his arrival from Turkey.German customs had issued a statement Friday saying a check for 300...
"Great Rotation"- A Wall Street fairy tale?
Label: WorldNEW 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...
Super Bowl of firsts, lasts, bests
Label: TechnologyNEW 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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