NEW YORK (Reuters) - Stocks dipped on Wednesday, with energy shares falling as investors found few reasons to buy following a rally that has held major indexes near five-year highs for three weeks. In addition, investors waited for the minutes from the Federal Open Market Committee's January meeting due at 2 p.m. (1900 GMT) for clues to the interest rate outlook. Traders...
Armstrong facing Wednesday deadline with USADA
Label: TechnologyAUSTIN, Texas (AP) — Lance Armstrong is facing a Wednesday deadline to decide whether he will meet with U.S. Anti-Doping Agency officials and talk with them under oath about what he knows about performance-enhancing drug use in cycling.The agency has said Armstrong's cooperation in its cleanup effort is the only path open to Armstrong if his lifetime ban from sports is to be reduced.Armstrong has...
Obama can't kick his legacy down road
Label: LifestyleBy Gloria Borger, CNN Chief Political AnalystFebruary 20, 2013 -- Updated 1530 GMT (2330 HKT)President Obama has a small window of opportunity to get Congress to act on his priorities, Gloria Borger says.STORY HIGHLIGHTSGloria Borger: Prospect of deep budget cuts was designed to compel compromiseShe says the "unthinkable" cuts now have many supportersThe likelihood that cuts may happen shows new level...
Paul McCartney tops Bonnaroo music festival lineup
Label: HealthNASHVILLE, Tenn (Reuters) – Paul McCartney will perform at the Bonnaroo Music and Arts Festival in Tennessee in June along with Tom Petty & The Heartbreakers, Mumford & Sons, Bjork and Wilco, festival organizers said on Tuesday.“Top to bottom, this is one of the strongest lineups we have ever had,” Bonnaroo spokesman Jeff Cuellar said in an interview. “Looking at the festival landscape out...
Feb
19
Cameron calls for faster RBS reform
Label: Business19 February 2013 Last updated at 05:31 ETThe Prime Minister, David Cameron, has called on Royal Bank of Scotland to speed up the overhaul of its business.Speaking on a trip to India, Mr Cameron said he wanted the largely state-owned bank to “accelerate the adjustments” it was making.He added he was “keen to examine all possibilities” for putting RBS back into the private sector.However, he played...
IIROC: Halt, VICTORIA GOLD CORP
Label: WorldVANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 19, 2013) - The following issues have been halted by IIROC / L’OCRCVM a suspendu la négociation des titres suivants :Company / Société :VICTORIA GOLD CORPTSX-Venture Symbol / Symbole à la Bourse de croissance TSX :VITReason / Motif :At the Request of the Company Pending News / À la demande de la société en attendant une nouvelleHalt Time (ET)...
M&A deals lift shares, suggest more value in market
Label: WorldNEW YORK (Reuters) - U.S. stocks rose on Tuesday as merger activity suggested the market could offer investors still more value even as the S&P 500 and Dow industrials hover near five-year highs. Equities have resisted a pullback as investors use dips in stocks as buying opportunities. The S&P is up about 7 percent so far in 2013 and has climbed for the past seven weeks in its...
Pistorius: Thought lover an intruder in shooting
Label: TechnologyPRETORIA, South Africa (AP) — Oscar Pistorius wept Tuesday as his defense lawyer read the athlete's account of how he shot his girlfriend to death on Valentine's Day, claiming he had mistaken her for an intruder.Prosecutors, however, told a packed courtroom that the double-amputee known as the Blade Runner intentionally and mercilessly shot and killed 29-year-old Reeva Steenkamp as she cowered inside...
How can U.S. deal with cyber war?
Label: LifestyleMichael Hayden says lack of domestic agreement is driving U.S. to take the offense on cyber attacks.STORY HIGHLIGHTSObama administration beefing up effort to counter cyberattacksMichael Hayden says emphasis is on striking first, as the U.S. does with drone attacksEx-CIA director says drone policy reflects lack of consensus on handling prisonersHayden: Is killing terrorists preferred because of division...
Clive Davis reveals in memoir that he’s bisexual
Label: HealthNEW YORK (AP) — Record executive Clive Davis says he’s bisexual.In his new memoir, out Tuesday, the 80-year-old, who is twice divorced, reveals that he had sex with a man in the 1970s. Davis writes in “The Soundtrack of My Life” that he hadn’t been repressed or confused during his marriages and that sex with a man “provided welcome relief.”He also writes that he started dating a man from 1990 to 2004,...
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