Wall Street advances as defensive stocks extend rally

NEW YORK (Reuters) - Stocks advanced on Tuesday, led by defensive sectors, in a sign the cash piles recently moving into the market are being put to use by cautious investors to pick up more gains. The S&P 500 is on track to post its best monthly performance since October 2011 and its best January since 1997 as investors poured $55 billion in new cash into stock mutual funds and exchange-traded...

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Protests Grow on Fifth Day of Unrest in Egypt

Tara Todras-Whitehill for The New York TimesEgyptians in Port Said mourned on Monday for people killed in clashes with the police a day earlier. PORT SAID, Egypt — The police fired indiscriminately into the streets outside their besieged station, a group of protesters arrived with a crate of gasoline bombs, and others cheered a masked man on a motorcycle who arrived with a Kalashnikov. The...

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Yahoo revenue rises on search advertising

(Reuters) – Yahoo Inc posted a 4 percent gain in net revenue to $ 1.22 billion in the fourth quarter, when an increase in search advertising sales offset weakness in the Web portal’s display ad business.The company forecast net revenue — which excludes fees shared with partner websites — of $ 1.07 billion to $ 1.1 billion in the current quarter, trailing the $ 1.1 billion that Wall Street analysts...

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Soldier who lost 4 limbs has double-arm transplant

On Facebook, he describes himself as a "wounded warrior...very wounded."Brendan Marrocco was the first soldier to survive losing all four limbs in the Iraq War, and doctors revealed Monday that he's received a double-arm transplant.Those new arms "already move a little," he tweeted a month after the operation.Marrocco, a 26-year-old New Yorker, was injured by a roadside bomb in 2009. He had the transplant...

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Asian shares up, cautious before Fed, U.S. data

TOKYO (Reuters) - Asian shares rose on Tuesday after solid U.S. data, but investors remained cautious ahead of more U.S. economic reports and a Federal Reserve policy decision later in the week that may offer clues to the Fed's stimulus plans. The MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> was up 0.3 percent. Australian shares <.axjo>...

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Argentina and Iran to Investigate Jewish Center Bombing

BUENOS AIRES — Argentina announced Sunday that it had reached an agreement with Iran to establish a joint commission to investigate the 1994 bombing of a Jewish community center here. Nearly 19 years ago, a suicide bomber drove a van full of explosives into the Argentina Israelite Mutual Association headquarters, killing 85 people and wounding about 300. Like a previous attack two years earlier...

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Apple will reportedly launch its fifth-generation iPad in October

Although previous reports indicated that Apple (AAPL) would release its fifth-generation iPad alongside a new iPad mini with Retina display in March, a new report from Jeremy Horwitz of iLounge, claims the newest iPad will be announced in October instead. Horwitz said that he “had the opportunity to inspect a supposedly accurate — and seriously intriguing — physical model of the completely...

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How SAG Stars Got Their Start: Sofia Vergara Credits Her 'Hooker Looks'

Today, she's one of the world's sexiest stars. But Sofia Vergara wasn't quite as celebrated for her curves early in her career. The Modern Family actress was among a handful of actors who kicked off Sunday's Screen Actors Guild Awards with personal stories about how they got started in the business. Vergara, 40, joked about her famous figure. "I grew up in Barranquilla, Colombia, in a very...

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CDC: Flu seems to level off except in the West

New government figures show that flu cases seem to be leveling off nationwide. Flu activity is declining in most regions although still rising in the West.The Centers for Disease Control and Prevention says hospitalizations and deaths spiked again last week, especially among the elderly. The CDC says quick treatment with antiviral medicines is important, in particular for the very...

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Nikkei rises as yen extends loss to new lows

TOKYO (Reuters) - Japanese equities rose on Monday as the yen extended losses to fresh lows, further improving earnings prospects for exporters as Japan's corporate reporting season enters full swing this week. Global investor sentiment improved on Friday due to brighter prospects for the European economy and its debt crisis as well as solid U.S. corporate earnings. Japan's...

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